First Watch Restaurant Group, Inc.
First Watch Restaurant Group, Inc. (FWRG) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
fwrg · stock forecast · 15 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 15 Wall Street analysts in the past 3 months
Buy
15 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$19.00
Consensus
$17.33
+70.2% upside
Low
$14.00
Median: $19 · Last Close: $10.18
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Consensus Target
$17.33
70.2% upside
High Target
$19
86.6%
Low Target
$14
37.5%
Current Price
$10.18
as of today
Based on analyst price targets, the FWRG stock price prediction for the next 12 months ranges from $14 to $19. The consensus FWRG price forecast of $17.33 implies 70.2% upside from the current price of $10.18.
Short-Term Price Prediction
BearAlgorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $9.72 | ↓ 4.54% |
1-day model range: $9.66–$9.78. Peak: $9.78 (-4.54%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $8 | -25.1% |
| 2028 | $7 | -35.4% |
| 2029 | $6 | -40.3% |
| 2030 | $6 | -42.8% |
| 2031 | — | -44.1% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BEARISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · FWRG · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-06-03 | TD Cowen | Maintains | Buy→Buy |
| 2026-05-06 | Stephens & Co. | Maintains | Overweight→Overweight |
| 2026-05-05 | TD Cowen | Maintains | Buy→Buy |
| 2026-04-28 | DA Davidson | Maintains | Buy→Buy |
| 2026-04-20 | Benchmark | Maintains | Buy→Buy |
| 2026-02-25 | Barclays | Maintains | Overweight→Overweight |
| 2026-02-25 | Guggenheim | Maintains | Buy→Buy |
| 2026-02-25 | Stephens & Co. | Maintains | Overweight→Overweight |
| 2026-02-25 | Citigroup | Maintains | Buy→Buy |
| 2026-02-24 | TD Cowen | Maintains | Buy→Buy |
Wall Street analysts have recently issued updated ratings on First Watch Restaurant Group, Inc. (FWRG) stock. Of the recent 101 rating actions, 2 were upgrades and 1 were downgrades. 15 analysts currently cover FWRG.
Analyst Recommendation Trends
FWRG analyst recommendation trends show decreasing buy-side sentiment over the past 6 months. Buy rating actions changed from 2 to 1 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$1.4B
↓ 21.3% YoY
Revenue Next Year
$1.6B
↑ 12.4% YoY
EPS This Year
$0.17
EPS Next Year
$0.28
↑ 62.7% YoY
EPS ForecastReported vs Estimated
Analysts forecast FWRG EPS of $0.17 for the current fiscal year, based on estimates from 6 analysts. The FWRG revenue forecast is $1.4B for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The FWRG stock forecast is supported by two independent data sources: analyst consensus ratings from 15 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus FWRG price target is $17.33 (+70.2% upside), with an analyst consensus of Buy.
The FWRG short-term stock prediction for tomorrow is $9.72 (-4.54%). The FWRG stock price prediction for 2027 estimates an average of $8. The FWRG stock prediction for 2030 projects a range of $6–$6.
First Watch Restaurant Group, Inc. trades on NASDAQ under the ticker FWRG. The FWRG stock outlook for 2027 is broadly positive, supported by a Buy consensus among 87% of covering analysts.
Frequently asked questions
FWRG forecast · 8 questionsAccording to 15 Wall Street analysts, the average 12-month FWRG price target is $17.33, with a high forecast of $19.00 and a low of $14.00. The median price target is shown in the chart above when available. This implies +70.2% potential upside from the current price of $10.18.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.