First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
15.92
+0.08 (0.51%)
Oct 7, 2025, 4:00 PM EDT - Market closed

FWRG Stock Forecast

Stock Price Forecast

The 10 analysts that cover FWRG stock have a consensus rating of "Strong Buy" and an average price target of $22.2, which forecasts a 39.45% increase in the stock price over the next year. The lowest target is $20 and the highest is $24.

Price Target: $22.2 (+39.45%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$20$22.2$22$24
Change+25.63%+39.45%+38.19%+50.75%
* Price targets were last updated on Aug 6, 2025.

Analyst Ratings

The average analyst rating for FWRG stock 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

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy555555
Buy455555
Hold111000
Sell000000
Strong Sell000000
Total101111101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stephens & Co.
Stephens & Co.
Buy
Maintains
$23$24
BuyMaintains$23$24+50.75%Aug 6, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$22$24
Strong BuyMaintains$22$24+50.75%Aug 6, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$19$21
Strong BuyMaintains$19$21+31.91%Jul 29, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$23$21
Strong BuyMaintains$23$21+31.91%Jul 18, 2025
Raymond James
Raymond James
Strong Buy
Maintains
$21$22
Strong BuyMaintains$21$22+38.19%Jul 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.24B
from 1.02B
Increased by 22.16%
Revenue Next Year
1.44B
from 1.24B
Increased by 16.20%
EPS This Year
0.17
from 0.30
Decreased by -44.85%
EPS Next Year
0.36
from 0.17
Increased by 120.26%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 27, 2020Dec 26, 2021Dec 25, 2022Dec 31, 2023Dec 29, 2024Dec 31, 2025Dec 31, 2026
Revenue
342.39M601.19M730.16M891.55M1.02B1.24B1.44B
Revenue Growth
-21.54%75.59%21.45%22.10%13.95%22.16%16.20%
EPS
-1.10-0.040.110.410.300.170.36
EPS Growth
---272.73%-26.83%-44.85%120.26%
Forward PE
-----96.2143.68
No. Analysts
-----1313
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High1.3B1.5B
Avg1.2B1.4B
Low1.2B1.4B

Revenue Growth

Revenue Growth20252026202720282029
High
26.9%
24.5%
Avg
22.2%
16.2%
Low
16.5%
9.2%

EPS Forecast

EPS20252026202720282029
High0.220.48
Avg0.170.36
Low0.130.29

EPS Growth

EPS Growth20252026202720282029
High
-26.5%
191.9%
Avg
-44.8%
120.3%
Low
-57.5%
77.7%
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.