First Watch Restaurant Group, Inc. (FWRG)

Market Cap	1.01B
Revenue (ttm)	1.17B
Net Income (ttm)	4.97M
Shares Out	61.03M
EPS (ttm)	0.08
PE Ratio	205.62
Forward PE	55.60
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,937,501
Open	15.56
Previous Close	15.57
Day's Range	15.24 - 16.49
52-Week Range	12.90 - 22.71
Beta	0.89
Analysts	Strong Buy
Price Target	21.56 (+30.91%)
Earnings Date	Nov 4, 2025

About FWRG

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. The company was founded in 1983 and is based in Bradenton, Florida.

• Industry: Restaurants
• Sector: Consumer Discretionary
• IPO Date: Oct 1, 2021
• Employees: 15,000
• Stock Exchange: NASDAQ
• Ticker Symbol: FWRG
• Website: https://www.firstwatch.com

Financial Performance

In 2024, FWRG's revenue was $1.02 billion, an increase of 13.95% compared to the previous year's $891.55 million. Earnings were $18.93 million, a decrease of -25.45%.

Analyst Summary

According to 9 analysts, the average rating for FWRG stock is "Strong Buy." The 12-month stock price target is $21.56, which is an increase of 30.91% from the latest price.

Price Target

$21.56

(30.91% upside)

Analyst Consensus: Strong Buy