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First Watch Restaurant Group (FWRG): analyst forecast and price target

$12.12 −1.94% close 16.10.26 · market cap $763M · Consumercyclical · Restaurants IWM 0.03%
Price targets and ratings of

Analyst consensus

Strong Buy

4 Buy0 Hold0 Sell

Ratings of 4 analysts in the last 3 months · top analysts only

12-month forecast

$18.75+54.7% upside

Based on 4 price targets given in the last 3 months, the average target is $18.75, the highest $20.00, the lowest $17.00. The average is +54.7% from the last price of $12.12.

$10.00$15.00$20.00Jan 26AprJulOctJan 27AprJulOctHigh$20.00Average$18.75Low$17.00
Highest target $20.00 Average target $18.75 Lowest target $17.00
AnalystFirmPrice target RatingUpsideAction 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%
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%
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%

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

3 months Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%
1 year Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%
2 years Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%

Most profitable

3 months Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%
1 year Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%
2 years Andy Barish★★★★★★★★★★Jefferies · #1254
Hits 54%266 of 489 Average return +8.1%

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%).

$10.00$15.00Sep 15Oct 1Oct 15Top analysts$18.75Average target$18.62Price$12.12

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

051061Oct 2551Nov71Dec72Jan 26372Feb362Mar621Apr431May421Jun121Jul21Aug21Sep22Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy441222
Buy322112
Hold111000
Sell000000

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

WYNNWynn Resorts
SWSmurfit Westrock
MODModine
SGISomnigroup International
RLRalph Lauren
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 106 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗