First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
12.46
-0.69 (-5.25%)
At close: Feb 27, 2026, 4:00 PM EST
12.40
-0.06 (-0.48%)
After-hours: Feb 27, 2026, 7:16 PM EST

FWRG Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for FWRG stock have an average target of 20.64, with a low estimate of 17 and a high estimate of 24. The average target predicts an increase of 65.65% from the current stock price of 12.46.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17 $20.64 $21 $24
Change +36.44% +65.65% +68.54% +92.62%

Analyst Ratings

The average analyst rating for FWRG stock from 11 stock analysts 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 Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 555557
Buy 555544
Hold 000000
Sell 000000
Strong Sell 000000
Total 10101010911

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$26$21
Strong Buy Maintains $26$21 +68.54% Feb 25, 2026
Barclays
Barclays
Buy
Maintains
$19$17
Buy Maintains $19$17 +36.44% Feb 25, 2026
Guggenheim
Guggenheim
Strong Buy
Maintains
$23$21
Strong Buy Maintains $23$21 +68.54% Feb 25, 2026
Stephens & Co.
Stephens & Co.
Buy
Maintains
$24$21
Buy Maintains $24$21 +68.54% Feb 25, 2026
TD Cowen
TD Cowen
Strong Buy
Maintains
$21$18
Strong Buy Maintains $21$18 +44.46% Feb 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.44B
from 1.22B
Increased by 17.46%
Revenue Next Year
1.62B
from 1.44B
Increased by 12.95%
EPS This Year
0.34
from 0.31
Increased by 10.12%
EPS Next Year
0.49
from 0.34
Increased by 42.78%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 26, 2021 Dec 25, 2022 Dec 31, 2023 Dec 29, 2024 Dec 28, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
601.19M730.16M891.55M1.02B1.22B1.44B1.62B
Revenue Growth
75.59%21.45%22.10%13.95%20.34%17.46%12.95%
EPS
-0.040.110.410.300.310.340.49
EPS Growth
--272.73%-26.83%3.33%10.12%42.78%
Forward PE
-----36.5025.56
No. Analysts -----139
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 1.5B 1.7B
Avg 1.4B 1.6B
Low 1.4B 1.5B

Revenue Growth

Revenue Growth 20262027202820292030
High
25.4%
19.2%
Avg
17.5%
13.0%
Low
10.7%
5.4%

EPS Forecast

EPS 20262027202820292030
High 0.48 0.81
Avg 0.34 0.49
Low 0.25 0.35

EPS Growth

EPS Growth 20262027202820292030
High
54.8%
135.9%
Avg
10.1%
42.8%
Low
-17.8%
3.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.