First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
19.82
+1.03 (5.48%)
At close: Jan 3, 2025, 4:00 PM
20.15
+0.33 (1.65%)
After-hours: Jan 3, 2025, 4:27 PM EST

FWRG Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for FWRG stock have an average target of 23.5, with a low estimate of 18 and a high estimate of 32. The average target predicts an increase of 18.57% from the current stock price of 19.82.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $23.5 $24 $32
Change -9.18% +18.57% +21.09% +61.45%
* Price targets were last updated on Nov 13, 2024.

Analyst Ratings

The average analyst rating for FWRG stock from 10 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 344555
Buy 211233
Hold 222222
Sell 000000
Strong Sell 000000
Total 77791010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$25
Buy Reiterates $25 +26.14% Nov 13, 2024
Barclays
Barclays
Buy
Maintains
$22$24
Buy Maintains $22$24 +21.09% Nov 11, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$22$23
Buy Maintains $22$23 +16.04% Nov 11, 2024
TD Cowen
TD Cowen
Hold
Maintains
$18$21
Hold Maintains $18$21 +5.95% Nov 8, 2024
Barclays
Barclays
Buy
Maintains
$18$22
Buy Maintains $18$22 +11.00% Nov 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.04B
from 891.55M
Increased by 16.31%
Revenue Next Year
1.20B
from 1.04B
Increased by 15.43%
EPS This Year
0.32
from 0.41
Decreased by -22.88%
EPS Next Year
0.43
from 0.32
Increased by 36.77%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 29, 2019 Dec 27, 2020 Dec 26, 2021 Dec 25, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
436.37M342.39M601.19M730.16M891.55M1.04B1.20B1.36B
Revenue Growth
24.76%-21.54%75.59%21.45%22.10%16.31%15.43%13.95%
EPS
-1.01-1.10-0.040.110.410.320.430.58
EPS Growth
----272.73%-22.88%36.77%33.25%
Forward PE
-----62.6845.8334.39
No. Analysts -----13138
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 1.1B 1.3B 1.5B
Avg 1.0B 1.2B 1.4B
Low 989.8M 1.1B 1.3B

Revenue Growth

Revenue Growth 2024202520262027
High
22.5%
20.5%
21.1%
Avg
16.3%
15.4%
14.0%
Low
11.0%
8.6%
5.8%

EPS Forecast

EPS 2024202520262027
High 0.37 0.56 0.72
Avg 0.32 0.43 0.58
Low 0.28 0.35 0.45

EPS Growth

EPS Growth 2024202520262027
High
-10.4%
77.0%
67.5%
Avg
-22.9%
36.8%
33.3%
Low
-30.7%
11.6%
4.2%
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.