First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
13.09
-0.25 (-1.87%)
At close: Jul 2, 2026, 4:00 PM EDT
13.17
+0.08 (0.61%)
After-hours: Jul 2, 2026, 6:38 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 48.59% higher than the current stock price, while the lowest is $17 (+29.87%) and the highest is $22 (+68.07%).
Price Target: $19.45 (+48.59%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 9 | 8 | 9 | 9 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 10 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Freedom Capital Markets No rating | Freedom Capital Markets | Buy Initiates $17 | Buy | Initiates | $17 | +29.87% | Jul 1, 2026 |
| 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 | +68.07% | May 6, 2026 |
| D.A. Davidson | D.A. Davidson | Buy Maintains $17 | Buy | Maintains | $17 | +29.87% | May 6, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $19 | Buy | Reiterates | $19 | +45.15% | May 6, 2026 |
Financial Forecast
Revenue This Year
1.38B
from 1.22B
Increased by 13.26%
Revenue Next Year
1.56B
from 1.38B
Increased by 12.40%
EPS This Year
0.18
from 0.41
Decreased by -57.07%
EPS Next Year
0.27
from 0.18
Increased by 53.01%
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 | 13.3% | ||
| Low | 11.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.25 | ||
| Avg | 0.18 | ||
| Low | 0.10 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -39.0% | ||
| Avg | -57.1% | ||
| Low | -75.6% |