First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · IEX Real-Time Price · USD
18.93
-0.31 (-1.61%)
At close: May 17, 2024, 4:00 PM
18.89
-0.04 (-0.21%)
After-hours: May 17, 2024, 7:55 PM EDT
FWRG Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for FWRG stock have an average target of 25.5, with a low estimate of 22 and a high estimate of 32. The average target predicts an increase of 34.71% from the current stock price of 18.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FWRG stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +32.07% | May 8, 2024 |
| Barclays | Barclays | Buy Maintains $29 → $27 | Buy | Maintains | $29 → $27 | +42.63% | May 8, 2024 |
| TD Cowen | TD Cowen | Hold Reiterates $26 | Hold | Reiterates | $26 | +37.35% | Apr 12, 2024 |
| TD Cowen | TD Cowen | Hold Reiterates $26 | Hold | Reiterates | $26 | +37.35% | Apr 11, 2024 |
| TD Cowen | TD Cowen | Hold Reiterates $26 | Hold | Reiterates | $26 | +37.35% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
1.07B
from 891.55M
Increased by 20.35%
Revenue Next Year
1.24B
from 1.07B
Increased by 15.84%
EPS This Year
0.45
from 0.41
Increased by 10.21%
EPS Next Year
0.59
from 0.45
Increased by 29.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.3B | 1.5B | 1.6B |
| Avg | 1.1B | 1.2B | 1.4B | 1.6B |
| Low | 1.0B | 1.2B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.1% | 21.2% | 20.6% | 15.1% |
| Avg | 20.4% | 15.8% | 14.0% | 11.7% |
| Low | 14.6% | 9.6% | 8.0% | 7.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.58 | 0.80 | 0.82 | 0.96 |
| Avg | 0.45 | 0.59 | 0.76 | 0.93 |
| Low | 0.38 | 0.49 | 0.70 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 40.9% | 76.6% | 39.7% | 25.7% |
| Avg | 10.2% | 29.7% | 29.7% | 22.1% |
| Low | -6.8% | 8.7% | 18.7% | 17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.