First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
12.39
+0.45 (3.77%)
At close: Jun 12, 2026, 4:00 PM EDT
12.63
+0.24 (1.94%)
After-hours: Jun 12, 2026, 7:10 PM EDT
FWRG Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, FWRG stock has a consensus rating of "Strong Buy" and an average price target of $19.45. The average 1-year stock price forecast is 56.98% higher than the current stock price, while the lowest is $17 (+37.21%) and the highest is $22 (+77.56%).
Price Target: $19.45 (+56.98%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 6, 2026.
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 9 | 8 | 8 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | May 7, 2026 |
| Jefferies | Jefferies | Buy Maintains $22 | Buy | Maintains | $22 | +77.56% | May 6, 2026 |
| D.A. Davidson | D.A. Davidson | Buy Maintains $17 | Buy | Maintains | $17 | +37.21% | May 6, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $19 | Buy | Reiterates | $19 | +53.35% | May 6, 2026 |
| Stephens | Stephens | Buy Maintains $21 | Buy | Maintains | $21 | +69.49% | May 6, 2026 |
Financial Forecast
Revenue This Year
1.38B
from 1.22B
Increased by 13.25%
Revenue Next Year
1.56B
from 1.38B
Increased by 12.40%
EPS This Year
0.18
from 0.41
Decreased by -55.82%
EPS Next Year
0.27
from 0.18
Increased by 46.78%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.4B | ||
| Avg | 1.4B | ||
| Low | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.0% | ||
| Avg | 13.2% | ||
| Low | 11.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 0.18 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | -55.8% | ||
| Low | - |