First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
18.24
+0.49 (2.76%)
Nov 22, 2024, 4:00 PM EST - Market closed
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 28.84% from the current stock price of 18.24.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 5 | 5 |
| Buy | 2 | 2 | 1 | 1 | 2 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $25 | Buy | Reiterates | $25 | +37.06% | Nov 13, 2024 |
| Barclays | Barclays | Buy Maintains $22 → $24 | Buy | Maintains | $22 → $24 | +31.58% | Nov 11, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | +26.10% | Nov 11, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $18 → $21 | Hold | Maintains | $18 → $21 | +15.13% | Nov 8, 2024 |
| Barclays | Barclays | Buy Maintains $18 → $22 | Buy | Maintains | $18 → $22 | +20.61% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
1.04B
from 891.55M
Increased by 16.43%
Revenue Next Year
1.20B
from 1.04B
Increased by 15.22%
EPS This Year
0.31
from 0.41
Decreased by -23.71%
EPS Next Year
0.42
from 0.31
Increased by 34.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.3B | 1.5B | |
| Avg | 1.0B | 1.2B | 1.4B | |
| Low | 982.3M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.5% | 20.5% | 21.2% | |
| Avg | 16.4% | 15.2% | 13.0% | |
| Low | 10.2% | 8.6% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.40 | 0.56 | 0.72 | |
| Avg | 0.31 | 0.42 | 0.53 | |
| Low | 0.26 | 0.29 | 0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.7% | 78.9% | 72.6% | |
| Avg | -23.7% | 34.2% | 25.7% | |
| Low | -35.5% | -6.0% | -2.0% |
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.