First Watch Restaurant Group Inc (FWRG) Stock Forecast & Price Target
First Watch Restaurant Group Inc · NASDAQ
$13.00+0.12 (+0.89%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering First Watch Restaurant Group Inc, 8 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $17.00 to $22.00, so the covering firms are broadly aligned. The average target of $19.13 sits 47% above the current $13.00. The rating mix has stayed broadly stable, with Buy-side ratings easing from 11 to 8 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.07 next quarter toward $0.27 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy8100%
Hold00%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to First Watch Restaurant Group Inc.
As of Jul, 8 of 8 firms rate FWRG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FWRG EPS & revenue forecast
EPS · NEXT QUARTER
$0.07
Range $0.03 – $0.10 · 10 analysts · +17% YoY
Next period, 10 analysts expect First Watch Restaurant Group Inc to earn $0.07 a share (range $0.03 – $0.10), versus $0.06 a year earlier. Full-year consensus is $0.17, growing to $0.27 the year after.
REVENUE · NEXT QUARTER
$347.3M
Range $337.6M – $361.4M · 10 analysts · +10% YoY
Revenue is expected to reach $347.3M (range $337.6M – $361.4M), +9.9% year-over-year. Full-year consensus is $1.4B, rising to $1.6B next year.
Top analysts covering First Watch Restaurant Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FWRG.
#1
Todd M. Brooks
Benchmark · Rank #354
Buy
$22.00+69.2% to target
Overall win rate
26%
+ Follow
#2
Jim Salera
Stephens & Co. · Rank #377
Buy
$21.00+61.5% to target
Overall win rate
20%
+ Follow
#3
AM
Andrew M. Charles
TD Cowen
Buy
$17.00+30.8% to target
Coverage
—
+ Follow
#4
Dan Levy
Barclays
Buy
$21.00+61.5% to target
Coverage
—
+ Follow
#5
MC
Matt Curtis
DA Davidson
Buy
$17.00+30.8% to target
Coverage
—
+ Follow
FWRG stock forecast FAQ
What is FWRG's average 12-month price target?+
The 8 analysts with a live target average $19.13 for First Watch Restaurant Group Inc over the next 12 months, ranging from a $22.00 high to a $17.00 low.
Is FWRG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 8 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FWRG?+
The Street-high target is $22.00 (Benchmark), and the Street-low is $17.00 (Freedom Capital Markets). The average of all 8 active targets is $19.13.
How many Wall Street analysts cover FWRG?+
8 analysts have an active rating on First Watch Restaurant Group Inc, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering FWRG?+
Among analysts who currently cover FWRG, Todd M. Brooks of Benchmark has the strongest overall Quantellect track record (Rank #354). Their current call is Buy with a $22.00 target.
What is First Watch Restaurant Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.07 per share (range $0.03 – $0.10) across 10 analysts. Full-year EPS is projected at $0.17, rising to $0.27 the following year.
How much revenue is First Watch Restaurant Group Inc expected to report next quarter?+
Consensus revenue is $347.3M (range $337.6M – $361.4M). Full-year revenue is projected at $1.4B, growing to $1.6B next year.
Have analysts been upgrading or downgrading FWRG lately?+
As of Jul, 8 of 8 firms rate FWRG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FWRG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
