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First Watch Completes Share Sale Agreement with Barclays

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First Watch Completes Share Sale Agreement with Barclays

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First Watch Restaurant Group ( (FWRG) ) has issued an update.

On August 6, 2025, First Watch Restaurant Group, Inc. entered into an underwriting agreement with Barclays Capital Inc. and Goldman Sachs & Co. LLC for the sale of 5,000,000 shares by selling shareholders at $17.70 per share, which closed on August 8, 2025. The company did not sell any shares or receive proceeds from this offering, which was conducted under a prospectus supplement to a registration statement filed with the SEC.

The most recent analyst rating on (FWRG) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on First Watch Restaurant Group stock, see the FWRG Stock Forecast page.

Spark’s Take on FWRG Stock

According to Spark, TipRanks’ AI Analyst, FWRG is a Neutral.

First Watch Restaurant Group shows solid revenue growth and positive technical momentum. However, high debt levels, valuation concerns, and margin pressures are significant risks. Investors should monitor management’s ability to enhance profitability and manage costs.

To see Spark’s full report on FWRG stock, click here.

More about First Watch Restaurant Group

First Watch Restaurant Group, Inc. operates in the restaurant industry, focusing on providing breakfast, brunch, and lunch services.

Average Trading Volume: 947,331

Technical Sentiment Signal: Buy

Current Market Cap: $1.15B

For a thorough assessment of FWRG stock, go to TipRanks’ Stock Analysis page.

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