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First Watch Restaurant Group (FWRG) Stock Forecast & Price Target

First Watch Restaurant Group logo
$19.54 -0.29 (-1.46%)
(As of 12/17/2024 ET)

First Watch Restaurant Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
8

Based on 10 Wall Street analysts who have issued ratings for First Watch Restaurant Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 2 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for FWRG.

Consensus Price Target

$23.30
19.24% Upside
According to the 10 analysts' twelve-month price targets for First Watch Restaurant Group, the average price target is $23.30. The highest price target for FWRG is $32.00, while the lowest price target for FWRG is $18.00. The average price target represents a forecasted upside of 19.24% from the current price of $19.54.
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FWRG Analyst Ratings Over Time

TypeCurrent Forecast
12/18/23 to 12/17/24
1 Month Ago
11/18/23 to 11/17/24
3 Months Ago
9/19/23 to 9/18/24
1 Year Ago
12/18/22 to 12/18/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$23.30$23.30$23.00$21.80
Forecasted Upside19.24% Upside27.88% Upside51.72% Upside12.84% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

FWRG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FWRG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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First Watch Restaurant Group Stock vs. The Competition

TypeFirst Watch Restaurant GroupRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.90
2.50
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside19.24% Upside24.16% Upside12.02% Upside
News Sentiment Rating
Very Positive News

See Recent FWRG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/11/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$22.00 ➝ $23.00+8.59%
11/8/2024TD Cowen
5 of 5 stars
 Boost TargetHold ➝ Hold$18.00 ➝ $21.00+1.30%
11/8/2024Raymond James
4 of 5 stars
 Boost TargetStrong-Buy ➝ Strong-Buy$22.00 ➝ $25.00+21.60%
11/8/2024Barclays
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 Boost TargetOverweight ➝ Overweight$18.00 ➝ $22.00+7.00%
11/8/2024Stephens
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J. Salera
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Boost TargetOverweight ➝ Overweight$20.00 ➝ $25.00+20.02%
10/16/2024Benchmark
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T. Brooks
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Reiterated RatingBuy ➝ Buy$23.00 ➝ $23.00+54.99%
10/4/2024Guggenheim
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G. Francfort
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Lower TargetBuy ➝ Buy$24.00 ➝ $20.00+37.08%
7/17/2024Bank of America
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 Lower TargetBuy ➝ Buy$29.00 ➝ $24.00+51.04%
7/2/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$22.00 ➝ $18.00+6.19%
3/6/2024Citigroup
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 Boost TargetBuy ➝ Buy$24.00 ➝ $32.00+30.19%
5/3/20233M
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:59 AM ET.


FWRG Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for First Watch Restaurant Group is $23.30, with a high forecast of $32.00 and a low forecast of $18.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Watch Restaurant Group in the last twelve months. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FWRG shares.

According to analysts, First Watch Restaurant Group's stock has a predicted upside of 19.24% based on their 12-month stock forecasts.

First Watch Restaurant Group has been rated by research analysts at Barclays, Benchmark, Guggenheim, Piper Sandler, Raymond James, Stephens, and TD Cowen in the past 90 days.

Analysts like First Watch Restaurant Group more than other "retail/wholesale" companies. The consensus rating score for First Watch Restaurant Group is 2.90 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how FWRG compares to other companies.


This page (NASDAQ:FWRG) was last updated on 12/17/2024 by MarketBeat.com Staff
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