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FWRG
Volume: 1.02M

FWRG Stock Forecast & Price Target

FWRG Analyst Ratings

Based on 9 analyst ratings
Strong Buy
Strong Buy 78%
Buy 22%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

First Watch Restaurant Gr is positioned for long-term growth with its focus on freshness, limited menu driving favorable COGS, and a one-shift labor model. With strong new store sales, the concept is portable for expansion. Despite intense competition and potential for commodity and labor inflation, First Watch's low EV/EBITDA multiple of 8.6x our FY26 estimate presents value for investors, supporting our BUY rating and $17 price target.

Bears say

First Watch Restaurant Gr is facing several challenges that could impact its overall financial performance. Despite a solid first quarter with better-than-expected comps and adjusted EBITDA, negative traffic and weather-related disruptions pose a threat to the company's growth potential. Additionally, while the company has a strong focus on menu innovation and digital marketing, there is a risk of overspending on these initiatives and not seeing a significant return on investment. Furthermore, First Watch's geographic concentration in just two states may leave it vulnerable to adverse local conditions or economic events.

FWRG has been analyzed by 9 analysts, with a consensus rating of Strong Buy. 78% of analysts recommend a Strong Buy, 22% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of First Watch Restaurant Group and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About First Watch Restaurant Group (FWRG) Forecast

Analysts have given FWRG a Strong Buy based on their latest research and market trends.

According to 9 analysts, FWRG has a Strong Buy consensus rating as of Jun 6, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $19.89, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $19.89, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

First Watch Restaurant Group (FWRG)

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