First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
12.74
+0.54 (4.43%)
At close: Jun 26, 2026, 4:00 PM EDT
12.95
+0.21 (1.65%)
After-hours: Jun 26, 2026, 7:25 PM EDT

FWRG Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for FWRG stock have an average target of 19.09, with a low estimate of 14 and a high estimate of 22. The average target predicts an increase of 49.84% from the current stock price of 12.74.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $14 $19.09 $19 $22
Change +9.89% +49.84% +49.14% +72.68%
* Price targets were last updated on May 6, 2026.

Analyst Ratings

The average analyst rating for FWRG stock from 10 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 Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 889988
Buy 222222
Hold 111100
Sell 000000
Strong Sell 000000
Total 111112121010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
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 +72.68% May 6, 2026
D.A. Davidson
D.A. Davidson
Buy
Maintains
$17
Buy Maintains $17 +33.44% May 6, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$19
Buy Reiterates $19 +49.14% May 6, 2026
Stephens
Stephens
Buy
Maintains
$21
Buy Maintains $21 +64.84% May 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.38B
from 1.22B
Increased by 13.25%
Revenue Next Year
1.56B
from 1.38B
Increased by 12.40%
EPS This Year
0.18
from 0.41
Decreased by -55.82%
EPS Next Year
0.27
from 0.18
Increased by 46.78%
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
601.19M730.16M891.55M1.02B1.22B1.38B1.56B
Revenue Growth
75.59%21.45%22.10%13.95%20.34%13.25%12.40%
EPS
-0.040.110.410.300.310.150.27
EPS Growth
--272.73%-26.83%3.33%-51.41%76.52%
Forward PE
-----84.5847.92
No. Analysts -----1010
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.4B 1.6B
Avg 1.4B 1.6B
Low 1.4B 1.5B

Revenue Growth

Revenue Growth 202620272028
High
14.0%
14.3%
Avg
13.2%
12.4%
Low
11.6%
9.5%

EPS Forecast

EPS 202620272028
High - -
Avg 0.18 0.27
Low - -

EPS Growth

EPS Growth 202620272028
High - -
Avg
-55.8%
46.8%
Low - -
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.