First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
17.84
-0.02 (-0.11%)
At close: Aug 15, 2025, 4:00 PM
18.19
+0.35 (1.96%)
After-hours: Aug 15, 2025, 5:42 PM EDT

FWRG Stock Forecast

Stock Price Forecast

According to 10 professional analysts, the 12-month price target for FWRG stock ranges from a low of $20 to a high of $24. The average analyst price target of $22.2 forecasts a 24.44% increase in the stock price over the next year.

Price Target: $22.20 (+24.44%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $22.2 $22 $24
Change +12.11% +24.44% +23.32% +34.53%

Analyst Ratings

The average analyst rating for FWRG stock 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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 455555
Buy 445555
Hold 211100
Sell 000000
Strong Sell 000000
Total 101011111010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Maintains
$23$24
Buy Maintains $23$24 +34.53% Aug 6, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$22$24
Strong Buy Maintains $22$24 +34.53% Aug 6, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$19$21
Strong Buy Maintains $19$21 +17.71% Jul 29, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$23$21
Strong Buy Maintains $23$21 +17.71% Jul 18, 2025
Raymond James
Raymond James
Strong Buy
Maintains
$21$22
Strong Buy Maintains $21$22 +23.32% Jul 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.24B
from 1.02B
Increased by 21.66%
Revenue Next Year
1.43B
from 1.24B
Increased by 16.02%
EPS This Year
0.16
from 0.30
Decreased by -45.33%
EPS Next Year
0.35
from 0.16
Increased by 115.41%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 27, 2020 Dec 26, 2021 Dec 25, 2022 Dec 31, 2023 Dec 29, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
342.39M601.19M730.16M891.55M1.02B1.24B1.43B1.62B
Revenue Growth
-21.54%75.59%21.45%22.10%13.95%21.66%16.02%12.69%
EPS
-1.10-0.040.110.410.300.160.350.44
EPS Growth
---272.73%-26.83%-45.33%115.41%23.44%
Forward PE
-----108.7850.5040.91
No. Analysts
-----13136
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 1.3B 1.5B 1.7B
Avg 1.2B 1.4B 1.6B
Low 1.2B 1.3B 1.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
26.9%
24.0%
20.2%
Avg
21.7%
16.0%
12.7%
Low
14.2%
7.2%
5.9%

EPS Forecast

EPS 20252026202720282029
High 0.21 0.50 0.71
Avg 0.16 0.35 0.44
Low 0.13 0.20 0.25

EPS Growth

EPS Growth 20252026202720282029
High
-30.0%
207.3%
102.1%
Avg
-45.3%
115.4%
23.4%
Low
-57.5%
19.5%
-30.6%
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.