First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · IEX Real-Time Price · USD
15.60
-0.13 (-0.83%)
At close: Jul 19, 2024, 4:00 PM
15.30
-0.30 (-1.92%)
Pre-market: Jul 22, 2024, 7:02 AM EDT
FWRG Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for FWRG stock have an average target of 24, with a low estimate of 18 and a high estimate of 32. The average target predicts an increase of 53.85% from the current stock price of 15.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FWRG stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $29 → $24 | Strong Buy | Maintains | $29 → $24 | +53.85% | Jul 17, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | +15.38% | Jul 17, 2024 |
| Stifel | Stifel | Hold Maintains $22 → $18 | Hold | Maintains | $22 → $18 | +15.38% | Jul 2, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $25 → $21 | Hold | Maintains | $25 → $21 | +34.62% | Jun 13, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +60.26% | May 8, 2024 |
Financial Forecast
Revenue This Year
1.06B
from 891.55M
Increased by 19.01%
Revenue Next Year
1.23B
from 1.06B
Increased by 15.93%
EPS This Year
0.41
from 0.41
Decreased by -0.43%
EPS Next Year
0.55
from 0.41
Increased by 34.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.3B | 1.5B | 1.6B |
| Avg | 1.1B | 1.2B | 1.4B | 1.6B |
| Low | 1.0B | 1.2B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.6% | 21.1% | 21.5% | 16.3% |
| Avg | 19.0% | 15.9% | 13.6% | 11.7% |
| Low | 12.9% | 9.0% | 5.0% | 6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.46 | 0.66 | 0.89 | 0.90 |
| Avg | 0.41 | 0.55 | 0.70 | 0.88 |
| Low | 0.33 | 0.43 | 0.59 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.7% | 62.0% | 63.2% | 29.6% |
| Avg | -0.4% | 34.3% | 27.1% | 25.9% |
| Low | -18.7% | 5.6% | 7.3% | 21.0% |
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.