First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
17.21
+0.04 (0.23%)
At close: Nov 4, 2024, 4:00 PM
17.20
-0.01 (-0.06%)
After-hours: Nov 4, 2024, 6:43 PM EST
FWRG Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for FWRG stock have an average target of 22, with a low estimate of 18 and a high estimate of 32. The average target predicts an increase of 27.83% from the current stock price of 17.21.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for FWRG stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 4 | 4 | 5 |
| Buy | 2 | 2 | 2 | 1 | 1 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $21 → $18 | Buy | Maintains | $21 → $18 | +4.59% | Oct 22, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $20 | Buy | Initiates | $20 | +16.21% | Oct 17, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +33.64% | Oct 16, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $24 → $20 | Strong Buy | Maintains | $24 → $20 | +16.21% | Oct 4, 2024 |
| TD Cowen | TD Cowen | Hold Reiterates $18 | Hold | Reiterates | $18 | +4.59% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
1.04B
from 891.55M
Increased by 16.31%
Revenue Next Year
1.20B
from 1.04B
Increased by 15.53%
EPS This Year
0.33
from 0.41
Decreased by -20.67%
EPS Next Year
0.42
from 0.33
Increased by 27.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.3B | 1.4B | |
| Avg | 1.0B | 1.2B | 1.3B | |
| Low | 967.5M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.7% | 22.0% | 19.4% | |
| Avg | 16.3% | 15.5% | 12.4% | |
| Low | 8.5% | 8.7% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.40 | 0.50 | 0.64 | |
| Avg | 0.33 | 0.42 | 0.52 | |
| Low | 0.26 | 0.29 | 0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.7% | 54.9% | 54.4% | |
| Avg | -20.7% | 27.9% | 24.5% | |
| Low | -35.5% | -9.6% | -1.1% |
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.