First Watch Restaurant Gr
(NASDAQ:FWRG)
$23.63
0.63[2.74%]
At close: Apr 25
$23.63
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings in 11 days from now on Tue May 7th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$32.00
Lowest Price Target1
$17.00
Consensus Price Target1
$25.08

First Watch Restaurant Gr Stock (NASDAQ:FWRG), Analyst Ratings, Price Targets, Predictions

First Watch Restaurant Group Inc has a consensus price target of $25.08, established from looking at the 52 latest analyst ratings. The last 3 analyst ratings were released from TD Cowen, TD Cowen, and TD Cowen on April 12, 2024, April 11, 2024, and April 10, 2024. With an average price target of $26 between TD Cowen, TD Cowen, and TD Cowen, there's an implied 10.03% upside for First Watch Restaurant Group Inc from these 3 analyst ratings.

Analyst Trend
1
Nov 23
2
Jan
2
1
Mar
0
0
0
0
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Stifel
Citigroup
Barclays
Raymond James

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for First Watch Restaurant Gr

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/12/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6310.03%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
04/11/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6310.03%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
04/10/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6310.03%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
03/06/2024FWRGBuy Now
First Watch Restaurant Gr
$23.63-6.9%Stifel
Chris O'Cull
$20 → $22MaintainsHoldGet Alert
03/06/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6335.42%Citigroup
Jon Tower
$24 → $32MaintainsBuyGet Alert
03/06/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6322.73%Barclays
Jeffrey Bernstein
$23 → $29MaintainsOverweightGet Alert
03/05/2024FWRGBuy Now
First Watch Restaurant Gr
$23.6310.03%TD Cowen
Andrew Charles
$21 → $26MaintainsMarket PerformGet Alert
01/25/2024FWRGBuy Now
First Watch Restaurant Gr
$23.635.8%Raymond James
Brian Vaccaro
$23 → $25MaintainsStrong BuyGet Alert
01/04/2024FWRGBuy Now
First Watch Restaurant Gr
$23.63-15.36%Stifel
Chris O'Cull
$22 → $20DowngradeBuy → HoldGet Alert
01/03/2024FWRGBuy Now
First Watch Restaurant Gr
$23.63-2.67%Barclays
Jeffrey Bernstein
$20 → $23MaintainsOverweightGet Alert
11/02/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-2.67%Raymond James
Brian Vaccaro
$22 → $23MaintainsStrong BuyGet Alert
10/23/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-15.36%Barclays
Jeffrey Bernstein
$23 → $20MaintainsOverweightGet Alert
10/18/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-6.9%Raymond James
Brian Vaccaro
$24 → $22UpgradeOutperform → Strong BuyGet Alert
08/02/2023FWRGBuy Now
First Watch Restaurant Gr
$23.631.57%Raymond James
Brian Vaccaro
$22 → $24MaintainsOutperformGet Alert
08/02/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-2.67%Barclays
Jeffrey Bernstein
$21 → $23MaintainsOverweightGet Alert
08/01/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-15.36%TD Cowen
Andrew Charles
$19 → $20Reiterates → Market PerformGet Alert
07/27/2023FWRGBuy Now
First Watch Restaurant Gr
$23.631.57%Citigroup
Jon Tower
$22 → $24MaintainsBuyGet Alert
07/18/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-6.9%Piper Sandler
Nicole Miller Regan
→ $22Initiates → OverweightGet Alert
06/15/2023FWRGBuy Now
First Watch Restaurant Gr
$23.63-19.59%TD Cowen
Andrew Charles
→ $19ReiteratesMarket Perform → Market PerformGet Alert

FAQ

Q

What is the target price for First Watch Restaurant Gr (FWRG)?

A

The latest price target for First Watch Restaurant Gr (NASDAQ: FWRG) was reported by TD Cowen on April 12, 2024. The analyst firm set a price target for $26.00 expecting FWRG to rise to within 12 months (a possible 10.03% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for First Watch Restaurant Gr (FWRG)?

A

The latest analyst rating for First Watch Restaurant Gr (NASDAQ: FWRG) was provided by TD Cowen, and First Watch Restaurant Gr reiterated their hold rating.

Q

When was the last upgrade for First Watch Restaurant Gr (FWRG)?

A

The last upgrade for First Watch Restaurant Group Inc happened on October 18, 2023 when Raymond James raised their price target to $22. Raymond James previously had an outperform for First Watch Restaurant Group Inc.

Q

When was the last downgrade for First Watch Restaurant Gr (FWRG)?

A

The last downgrade for First Watch Restaurant Group Inc happened on January 4, 2024 when Stifel changed their price target from $22 to $20 for First Watch Restaurant Group Inc.

Q

When is the next analyst rating going to be posted or updated for First Watch Restaurant Gr (FWRG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Watch Restaurant Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for First Watch Restaurant Gr was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.

Q

Is the Analyst Rating First Watch Restaurant Gr (FWRG) correct?

A

While ratings are subjective and will change, the latest First Watch Restaurant Gr (FWRG) rating was a reiterated with a price target of $0.00 to $26.00. The current price First Watch Restaurant Gr (FWRG) is trading at is $23.63, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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