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First Watch Restaurant Group (FWRG): analyst forecast and price target
Analyst consensus
Strong Buy8 Buy0 Hold0 Sell
Ratings of 8 analysts in the last 3 months12-month forecast
Based on 8 price targets given in the last 3 months, the average target is $18.62, the highest $22.00, the lowest $15.00. The average is +53.7% from the last price of $12.12.
Analyst ratings 13
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Brian Vaccaro★★★★★★★★★★#2106 · hits 50% · avg +6.0% | Raymond James | $20.00 → $18.00−10.0% | Buy | +48.5% | Reiterated | 16.10.26on TipRanks 07:11 | −0.8% | ↗ |
| Jim Salera★★★★★★★★★★#11939 · hits 35% · avg −10.2% | Stephens | $21.00 → $18.00−14.3% | Buy | +48.5% | Reiterated | 15.10.26on TipRanks 07:55 | +4.2%next day −0.8% | ↗ |
| AI xAi RestaurantsxAI Grok-3 | TipRanks - xAI | $10.50 → $11.00+4.8% | Hold | −9.2% | Reiterated | 03.10.26on TipRanks 05:05 | — | |
| AI DeepSeek RestaurantsDeepSeek R1-0528 | TipRanks - DeepSeek | $10.00 → $10.50+5.0% | Hold | −13.4% | Reiterated | 03.10.26on TipRanks 05:05 | — | |
| AI Anthropic RestaurantsAnthropic Opus-4.1 | TipRanks - Anthropic | $10.00 → $10.50+5.0% | Hold | −13.4% | Reiterated | 03.10.26on TipRanks 05:05 | — | |
| AI Google RestaurantsGemini 2.5Pro | TipRanks - Google | $10.50 → $11.00+4.8% | Hold | −9.2% | Reiterated | 03.10.26on TipRanks 05:05 | — | |
| AI PerPlexity RestaurantsPerPlexity SonarPro | TipRanks - PerPlexity | $10.00 → $10.50+5.0% | Hold | −13.4% | Reiterated | 03.10.26on TipRanks 05:05 | — | |
| Matt Curtis★★★★★★★★★★#11110 · hits 38% · avg −9.6% | D.A. Davidson | $15.00 | Buy | +23.8% | Reiterated | 01.10.26on TipRanks Oct 2 07:50 | +0.4%next day +2.6% · 5 days +5.8% | ↗ |
| AI OpenAI RestaurantsOpenAI 5.2 | TipRanks - OpenAI | $10.00 → $10.50+5.0% | Hold | −13.4% | Reiterated | 29.09.26on TipRanks 06:05 | — | |
| Gregory Francfort★★★★★★★★★★#2482 · hits 64% · avg +7.4% | Guggenheim | $21.00 → $20.00−4.8% | Buy | +65.0% | Reiterated | 07.08.26on TipRanks 07:26 | −0.9%next day −3.1% · 5 days +2.0% | ↗ |
| Sara Senatore★★★★★★★★★★#9103 · hits 47% · avg −0.1% | Bank of America Securities | $19.00 | Buy | +56.8% | Reiterated | 05.08.26on TipRanks 13:25 | +0.7%next day −3.0% · 5 days −2.0% | ↗ |
| Todd Brooks★★★★★★★★★★#10956 · hits 38% · avg −2.2% | Benchmark Co. | $22.00 | Buy | +81.5% | Reiterated | 05.08.26on TipRanks 08:01 | +0.7%next day −3.0% · 5 days −2.0% | ↗ |
| Jon Tower★★★★★★★★★★#1450 · hits 57% · avg +9.8% | Citi | $21.00 → $20.00−4.8% | Buy | +65.0% | Reiterated | 05.08.26on TipRanks 06:40 | +0.7%next day −3.0% · 5 days −2.0% | ↗ |
| Andrew Charles★★★★★★★★★★#1572 · hits 51% · avg +7.2% | TD Cowen | $17.00 | Buy | +40.3% | Reiterated | 05.08.26on TipRanks Aug 4 18:10 | +0.7%next day −3.0% · 5 days −2.0% | ↗ |
| Unknown Analyst | Freedom Capital Markets | $17.00 | Buy | +40.3% | Initiated | 30.06.26on TipRanks Jul 1 07:06 | −1.4%next day +3.6% · 5 days −3.5% | ↗ |
| Andy Barish★★★★★★★★★★#1254 · hits 54% · avg +8.1% | Jefferies | $22.00 | Buy | +81.5% | Reiterated | 06.05.26on TipRanks 13:05 | −1.5%next day −1.5% · 5 days −12.6% | ↗ |
| Chris O`Cull★★★★★★★★★★#1070 · hits 54% · avg +9.1% | Stifel Nicolaus | $15.00 → $14.00−6.7% | Hold | +15.5% | Assigned | 05.05.26on TipRanks 14:25 | −1.0%next day −1.5% · 5 days −8.8% | ↗ |
| Jeff Bernstein★★★★★★★★★★#7710 · hits 53% · avg +0.1% | Barclays | $17.00 | Buy | +40.3% | Reiterated | 05.05.26on TipRanks 04:15 | −1.0%next day −1.5% · 5 days −8.8% | ↗ |
| Brian Mullan★★★★★★★★★★#1115 · hits 62% · avg +11.2% | Piper Sandler | $22.00 → $19.00−13.6% | Buy | +56.8% | Reiterated | 24.02.26on TipRanks 14:50 | −21.2%next day +0.8% · 5 days +1.7% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering First Watch Restaurant Group
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $19.17 at a price of $10.17 (+88.5%); now: $18.62 at $12.12 (+53.7%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 3 | 3 | 3 | 3 |
| Buy | 7 | 6 | 5 | 4 | 3 | 6 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 09.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.04 (from $-0.00 to $0.05). Last quarter: $0.04.
Sales
Next quarter’s sales estimate — $350M (from $344M to $352M). Last quarter: $355M.
Best top-analyst consensus in the sector · Consumercyclical
About First Watch Restaurant Group
- CEO: Christopher A. Tomasso
- Employees: 18,000
- 8725 Pendery Place, Bradenton, FL, 34201, US
- www.firstwatch.com
First Watch Restaurant Group, Inc. oversees and licenses restaurant operations under the First Watch brand. As of March 23, 2022, its extensive presence included 341 company-owned eateries and 94 franchised outlets, operating across 28 U.S. states. The enterprise, established in 1983 with its main office in Bradenton, Florida, previously traded as AI Fresh Super Holdco, Inc. before changing its designation to First Watch Restaurant Group, Inc. in December 2019.
Data from the stock’s TipRanks forecast page, read 61 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗