First Watch Restaurant Group, Inc. (FWRG) Stock Forecast
Data as of Sep 16, 2026Consumer Cyclical · Current price $10.47 (-7.83%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 24, 2026 | Brian Mullan | Piper Sandler | $19.00 | +81.5% |
| May 7, 2025 | Chris O'Cull | Stifel Nicolaus | $17.00 | +62.4% |
| May 7, 2025 | Brian Vaccaro | Raymond James | $21.00 | +100.6% |
| May 7, 2025 | Brian Mullan | Piper Sandler | $20.00 | +91.0% |
| Mar 11, 2025 | Jeffrey Bernstein | Bernstein | $21.00 | +100.6% |
| Nov 11, 2024 | Brian Mullan | Piper Sandler | $23.00 | +119.7% |
| Oct 16, 2024 | Jim Salera | Stephens | $20.00 | +91.0% |
| Jul 2, 2024 | Chris O'Cull | Stifel Nicolaus | $18.00 | +71.9% |
| May 7, 2024 | Andy Barish | Jefferies | $28.00 | +167.4% |
Top Analysts Covering FWRG
FWRG vs Sector & Market
| Metric | FWRG | Consumer Cyclical Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.00 | 2.49 | 2.42 |
| Analyst Count | 7 | 12 | 18 |
| Target Upside | +22.6% | +138.9% | +19.5% |
| P/E Ratio | 37.74 | 16.20 | 38.67 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-28 | $1.37B | $1.39B | $1.40B | 8 |
| 2027-03-28 | $365M | $371M | $377M | 3 |
| 2027-06-28 | $391M | $397M | $403M | 3 |
| 2027-09-28 | $384M | $391M | $397M | 6 |
| 2027-12-28 | $392M | $398M | $405M | 5 |
| 2028-03-28 | $407M | $413M | $420M | 4 |
| 2028-06-28 | $437M | $444M | $451M | 3 |
| 2028-09-28 | $426M | $432M | $439M | 2 |
| 2028-12-28 | $451M | $458M | $465M | 2 |
| 2029-12-28 | $1.97B | $1.99B | $2.01B | 2 |
| 2030-12-28 | $2.23B | $2.25B | $2.27B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-28 | $0.09 | $0.20 | $0.30 | 7 |
| 2027-03-28 | $0.00 | $0.00 | $0.00 | 2 |
| 2027-06-28 | $0.12 | $0.13 | $0.13 | 2 |
| 2027-09-28 | $0.08 | $0.09 | $0.09 | 2 |
| 2027-12-28 | $0.09 | $0.10 | $0.10 | 2 |
| 2028-03-28 | $0.03 | $0.03 | $0.03 | 4 |
| 2028-06-28 | $0.18 | $0.18 | $0.18 | 4 |
| 2028-09-28 | $0.09 | $0.09 | $0.09 | 4 |
| 2028-12-28 | $0.18 | $0.18 | $0.18 | 4 |
| 2029-12-28 | $0.40 | $0.41 | $0.41 | 1 |
| 2030-12-28 | $0.53 | $0.54 | $0.55 | 1 |
Frequently Asked Questions
What is the analyst consensus for FWRG?
The consensus among 7 analysts covering First Watch Restaurant Group, Inc. (FWRG) is Buy with an average price target of $16.50.
What is the highest price target for FWRG?
The highest price target for FWRG is $28.00, set by Andy Barish at Jefferies on 2024-05-07.
What is the lowest price target for FWRG?
The lowest price target for FWRG is $17.00, set by Chris O'Cull at Stifel Nicolaus on 2025-05-07.
How many analysts cover FWRG?
7 analysts have issued ratings for First Watch Restaurant Group, Inc. in the past 12 months.
Is FWRG a buy or sell right now?
Based on 7 analyst ratings, FWRG has a consensus rating of Buy (2.00/5) with a +22.6% upside to the consensus target of $16.50.
What are the earnings estimates for FWRG?
Analysts estimate FWRG will report EPS of $0.20 for the period ending 2026-12-28, with revenue estimated at $1.39B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.