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FWRG Stock 12 Month Forecast
Average Price Target
$22.33
▲(39.65% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for First Watch Restaurant Group in the last 3 months. The average price target is $22.33 with a high forecast of $24.00 and a low forecast of $19.00. The average price target represents a 39.65% change from the last price of $15.99.
First Watch can drive 'solidly' positive comps with pricing, says Raymond JamesFirst Watch can drive 'solidly' positive comps with pricing, says Raymond James
First Watch Restaurant 'should be up meaningfully' after Q3 beat, says StephensFirst Watch Restaurant 'should be up meaningfully' after Q3 beat, says Stephens
Unknown Analyst
Citi
Not Ranked
Citi
$23→$25
Buy
56.35%
Upside
Reiterated
07/23/25
First Watch Restaurant Group (FWRG) Receives a Buy from Citi
First Watch can drive 'solidly' positive comps with pricing, says Raymond JamesFirst Watch can drive 'solidly' positive comps with pricing, says Raymond James
First Watch Restaurant 'should be up meaningfully' after Q3 beat, says StephensFirst Watch Restaurant 'should be up meaningfully' after Q3 beat, says Stephens
Unknown Analyst
Citi
Not Ranked
Citi
$23→$25
Buy
56.35%
Upside
Reiterated
07/23/25
First Watch Restaurant Group (FWRG) Receives a Buy from Citi
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
FWRG Analyst Recommendation Trends
Rating
Sep 25
Oct 25
Nov 25
Dec 25
Jan 26
Strong Buy
1
1
1
0
1
Buy
11
11
11
14
15
Hold
25
34
41
52
47
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
37
46
53
66
63
In the current month, FWRG has received 16Buy Ratings, 47Hold Ratings, and 0Sell Ratings. FWRG average Analyst price target in the past 3 months is 22.33.
Each month's total comprises the sum of three months' worth of ratings.
FWRG Financial Forecast
FWRG Earnings Forecast
Next quarter’s earnings estimate for FWRG is $0.07 with a range of $0.06 to $0.09. The previous quarter’s EPS was $0.05. FWRG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.80% of the time in the same period. In the last calendar year FWRG has Performed in-line its overall industry.
Next quarter’s earnings estimate for FWRG is $0.07 with a range of $0.06 to $0.09. The previous quarter’s EPS was $0.05. FWRG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.80% of the time in the same period. In the last calendar year FWRG has Performed in-line its overall industry.
FWRG Sales Forecast
Next quarter’s sales forecast for FWRG is $317.49M with a range of $314.19M to $325.13M. The previous quarter’s sales results were $316.02M. FWRG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 59.95% of the time in the same period. In the last calendar year FWRG has Performed in-line its overall industry.
Next quarter’s sales forecast for FWRG is $317.49M with a range of $314.19M to $325.13M. The previous quarter’s sales results were $316.02M. FWRG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 59.95% of the time in the same period. In the last calendar year FWRG has Performed in-line its overall industry.
FWRG Stock Forecast FAQ
What is FWRG’s average 12-month price target, according to analysts?
Based on analyst ratings, First Watch Restaurant Group’s 12-month average price target is 22.33.
What is FWRG’s upside potential, based on the analysts’ average price target?
First Watch Restaurant Group has 39.65% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is FWRG a Buy, Sell or Hold?
First Watch Restaurant Group has a consensus rating of Strong Buy which is based on 9 buy ratings, 1 hold ratings and 0 sell ratings.
What is First Watch Restaurant Group’s price target?
The average price target for First Watch Restaurant Group is 22.33. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $24.00 ,the lowest forecast is $19.00. The average price target represents 39.65% Increase from the current price of $15.99.
What do analysts say about First Watch Restaurant Group?
First Watch Restaurant Group’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of FWRG?
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