First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
12.40
-0.06 (-0.48%)
At close: Mar 3, 2026, 4:00 PM EST
12.12
-0.28 (-2.26%)
After-hours: Mar 3, 2026, 5:18 PM EST
FWRG Stock Forecast
Stock Price Forecast
The 11 analysts that cover FWRG stock have a consensus rating of "Strong Buy" and an average price target of $20.64, which forecasts a 66.45% increase in the stock price over the next year. The lowest target is $17 and the highest is $24.
Price Target: $20.64 (+66.45%)
Analyst Consensus: Strong Buy
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
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 7 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 9 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $26 → $21 | Strong Buy | Maintains | $26 → $21 | +69.35% | Feb 25, 2026 |
| Barclays | Barclays | Buy Maintains $19 → $17 | Buy | Maintains | $19 → $17 | +37.10% | Feb 25, 2026 |
| Guggenheim | Guggenheim | Strong Buy Maintains $23 → $21 | Strong Buy | Maintains | $23 → $21 | +69.35% | Feb 25, 2026 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $24 → $21 | Buy | Maintains | $24 → $21 | +69.35% | Feb 25, 2026 |
| TD Cowen | TD Cowen | Strong Buy Maintains $21 → $18 | Strong Buy | Maintains | $21 → $18 | +45.16% | Feb 24, 2026 |
Financial Forecast
Revenue This Year
1.44B
from 1.22B
Increased by 17.46%
Revenue Next Year
1.62B
from 1.44B
Increased by 12.95%
EPS This Year
0.34
from 0.31
Increased by 10.12%
EPS Next Year
0.49
from 0.34
Increased by 42.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.5B | 1.7B | |||
| Avg | 1.4B | 1.6B | |||
| Low | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 25.4% | 19.2% | |||
| Avg | 17.5% | 13.0% | |||
| Low | 10.7% | 5.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 0.48 | 0.81 | |||
| Avg | 0.34 | 0.49 | |||
| Low | 0.25 | 0.35 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 54.8% | 135.9% | |||
| Avg | 10.1% | 42.8% | |||
| Low | -17.8% | 3.4% |
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.