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First Watch Restaurant Gr Analyst Ratings and Price Targets | NASDAQ:FWRG | Benzinga
First Watch Restaurant Group Inc has a consensus price target of $22.07 based on the ratings of 15 analysts. The high is $32 issued by Citigroup on March 6, 2024. The low is $17 issued by Cowen & Co. on November 7, 2022. The 3 most-recent analyst ratings were released by Guggenheim, Benchmark, and Raymond James on May 8, 2025, May 7, 2025, and May 7, 2025, respectively. With an average price target of $21.67 between Guggenheim, Benchmark, and Raymond James, there's an implied 39.16% upside for First Watch Restaurant Group Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Guggenheim
Benchmark
Raymond James
Piper Sandler
Stephens & Co.
1calculated from analyst ratings
Analyst Ratings for First Watch Restaurant Gr
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/08/2025 | Buy Now | 41.3% | Guggenheim | Gregory Francfort73% | $23 → $22 | Maintains | Buy | Get Alert |
| 05/07/2025 | Buy Now | 41.3% | Benchmark | Todd Brooks51% | $26 → $22 | Maintains | Buy | Get Alert |
| 05/07/2025 | Buy Now | 34.87% | Raymond James | Brian Vaccaro81% | $25 → $21 | Reiterates | Strong Buy → Strong Buy | Get Alert |
| 05/07/2025 | Buy Now | 28.45% | Piper Sandler | Brian Mullan70% | $23 → $20 | Maintains | Overweight | Get Alert |
| 05/07/2025 | Buy Now | 47.72% | Stephens & Co. | Jim Salera47% | $24 → $23 | Maintains | Overweight | Get Alert |
| 05/07/2025 | Buy Now | 22.03% | TD Securities | Andrew Charles38% | $22 → $19 | Maintains | Buy | Get Alert |
| 05/06/2025 | Buy Now | 28.45% | Barclays | Dan Levy46% | $24 → $20 | Maintains | Overweight | Get Alert |
| 04/24/2025 | Buy Now | 54.14% | Stephens & Co. | Jim Salera47% | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
| 04/22/2025 | Buy Now | 54.14% | Barclays | Dan Levy46% | $21 → $24 | Maintains | Overweight | Get Alert |
| 04/01/2025 | Buy Now | 41.3% | TD Securities | Andrew Charles38% | $21 → $22 | Upgrade | Hold → Buy | Get Alert |
| 03/20/2025 | Buy Now | 54.14% | Stephens & Co. | Jim Salera47% | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
| 03/12/2025 | Buy Now | 34.87% | Barclays | Dan Levy46% | $24 → $21 | Maintains | Overweight | Get Alert |
| 03/12/2025 | Buy Now | 54.14% | Stephens & Co. | Jim Salera47% | $25 → $24 | Maintains | Overweight | Get Alert |
| 03/12/2025 | Buy Now | 79.83% | B of A Securities | Sara Senatore56% | $27 → $28 | Maintains | Buy | Get Alert |
| 03/12/2025 | Buy Now | 34.87% | TD Securities | Andrew Charles38% | $21 → $21 | Reiterates | Hold → Hold | Get Alert |
| 03/11/2025 | Buy Now | 60.57% | Stephens & Co. | Jim Salera47% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
| 01/28/2025 | Buy Now | 60.57% | Stephens & Co. | Jim Salera47% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
| 11/13/2024 | Buy Now | 60.57% | Stephens & Co. | Jim Salera47% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
| 11/11/2024 | Buy Now | 54.14% | Barclays | Jeffrey Bernstein50% | $22 → $24 | Maintains | Overweight | Get Alert |
| 11/11/2024 | Buy Now | 47.72% | Piper Sandler | Nicole Miller Regan60% | $22 → $23 | Maintains | Overweight | Get Alert |
| 11/08/2024 | Buy Now | 34.87% | TD Cowen | Andrew Charles38% | $18 → $21 | Maintains | Hold | Get Alert |
| 11/08/2024 | Buy Now | 41.3% | Barclays | Jeffrey Bernstein50% | $18 → $22 | Maintains | Overweight | Get Alert |
| 11/08/2024 | Buy Now | 60.57% | Raymond James | Brian Vaccaro81% | $22 → $25 | Maintains | Strong Buy | Get Alert |
| 11/08/2024 | Buy Now | 60.57% | Stephens & Co. | Jim Salera47% | $20 → $25 | Maintains | Overweight | Get Alert |
| 10/22/2024 | Buy Now | 15.61% | Barclays | Jeffrey Bernstein50% | $21 → $18 | Maintains | Overweight | Get Alert |
| 10/17/2024 | Buy Now | 28.45% | Stephens & Co. | Jim Salera47% | → $20 | Initiates | → Overweight | Get Alert |
| 10/16/2024 | Buy Now | 47.72% | Benchmark | Todd Brooks51% | $23 → $23 | Reiterates | Buy → Buy | Get Alert |
| 10/04/2024 | Buy Now | 28.45% | Guggenheim | Gregory Francfort73% | $24 → $20 | Maintains | Buy | Get Alert |
| 09/12/2024 | Buy Now | 15.61% | TD Cowen | Andrew Charles38% | $18 → $18 | Reiterates | Hold → Hold | Get Alert |
| 08/27/2024 | Buy Now | 47.72% | Benchmark | Todd Brooks51% | → $23 | Initiates | → Buy | Get Alert |
| 08/07/2024 | Buy Now | 34.87% | Barclays | Jeffrey Bernstein50% | $27 → $21 | Maintains | Overweight | Get Alert |
| 08/07/2024 | Buy Now | 15.61% | TD Cowen | Andrew Charles38% | $18 → $18 | Reiterates | Hold → Hold | Get Alert |
| 07/17/2024 | Buy Now | 54.14% | B of A Securities | Sara Senatore56% | $29 → $24 | Maintains | Buy | Get Alert |
| 07/17/2024 | Buy Now | 15.61% | TD Cowen | Andrew Charles38% | $21 → $18 | Maintains | Hold | Get Alert |
| 07/02/2024 | Buy Now | 15.61% | Stifel | Chris O'Cull72% | $22 → $18 | Maintains | Hold | Get Alert |
| 06/13/2024 | Buy Now | 34.87% | TD Cowen | Andrew Charles38% | $25 → $21 | Maintains | Hold | Get Alert |
| 05/08/2024 | Buy Now | 60.57% | TD Cowen | Andrew Charles38% | $26 → $25 | Maintains | Hold | Get Alert |
| 05/08/2024 | Buy Now | 73.41% | Barclays | Jeffrey Bernstein50% | $29 → $27 | Maintains | Overweight | Get Alert |
| 04/12/2024 | Buy Now | 66.99% | TD Cowen | Andrew Charles38% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
| 04/11/2024 | Buy Now | 66.99% | TD Cowen | Andrew Charles38% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
| 04/10/2024 | Buy Now | 66.99% | TD Cowen | Andrew Charles38% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
| 03/06/2024 | Buy Now | 41.3% | Stifel | Chris O'Cull72% | $20 → $22 | Maintains | Hold | Get Alert |
| 03/06/2024 | Buy Now | 105.52% | Citigroup | Jon Tower62% | $24 → $32 | Maintains | Buy | Get Alert |
| 03/06/2024 | Buy Now | 86.26% | Barclays | Jeffrey Bernstein50% | $23 → $29 | Maintains | Overweight | Get Alert |
| 03/05/2024 | Buy Now | 66.99% | TD Cowen | Andrew Charles38% | $21 → $26 | Maintains | Market Perform | Get Alert |
| 01/25/2024 | Buy Now | 60.57% | Raymond James | Brian Vaccaro81% | $23 → $25 | Maintains | Strong Buy | Get Alert |
| 01/04/2024 | Buy Now | 28.45% | Stifel | Chris O'Cull72% | $22 → $20 | Downgrade | Buy → Hold | Get Alert |
| 01/03/2024 | Buy Now | 47.72% | Barclays | Jeffrey Bernstein50% | $20 → $23 | Maintains | Overweight | Get Alert |
| 11/02/2023 | Buy Now | 47.72% | Raymond James | Brian Vaccaro81% | $22 → $23 | Maintains | Strong Buy | Get Alert |
| 10/23/2023 | Buy Now | 28.45% | Barclays | Jeffrey Bernstein50% | $23 → $20 | Maintains | Overweight | Get Alert |
| 10/18/2023 | Buy Now | 41.3% | Raymond James | Brian Vaccaro81% | $24 → $22 | Upgrade | Outperform → Strong Buy | Get Alert |
| 08/02/2023 | Buy Now | 54.14% | Raymond James | Brian Vaccaro81% | $22 → $24 | Maintains | Outperform | Get Alert |
| 08/02/2023 | Buy Now | 47.72% | Barclays | Jeffrey Bernstein50% | $21 → $23 | Maintains | Overweight | Get Alert |
| 08/01/2023 | Buy Now | 28.45% | TD Cowen | Andrew Charles38% | $19 → $20 | Reiterates | → Market Perform | Get Alert |
| 07/27/2023 | Buy Now | 54.14% | Citigroup | Jon Tower62% | $22 → $24 | Maintains | Buy | Get Alert |
| 07/18/2023 | Buy Now | 41.3% | Piper Sandler | Nicole Miller Regan60% | → $22 | Initiates | → Overweight | Get Alert |
| 06/15/2023 | Buy Now | 22.03% | TD Cowen | Andrew Charles38% | → $19 | Reiterates | Market Perform → Market Perform | Get Alert |
| 06/09/2023 | Buy Now | 22.03% | TD Cowen | Andrew Charles38% | → $19 | Reiterates | Market Perform → Market Perform | Get Alert |
| 05/31/2023 | Buy Now | 22.03% | TD Cowen | Andrew Charles38% | $18 → $19 | Maintains | Market Perform | Get Alert |
| 05/03/2023 | Buy Now | 41.3% | Citigroup | Jon Tower62% | $20 → $22 | Maintains | Buy | Get Alert |
| 05/03/2023 | Buy Now | 34.87% | Barclays | Jeffrey Bernstein50% | $19 → $21 | Maintains | Overweight | Get Alert |
| 05/03/2023 | Buy Now | 15.61% | TD Cowen | Andrew Charles38% | $17 → $18 | Maintains | Market Perform | Get Alert |
| 03/08/2023 | Buy Now | 28.45% | Citigroup | Jon Tower62% | $21 → $20 | Maintains | Buy | Get Alert |
| 03/08/2023 | Buy Now | 41.3% | Raymond James | Brian Vaccaro81% | $23 → $22 | Maintains | Outperform | Get Alert |
| 03/08/2023 | Buy Now | 9.18% | TD Cowen | Andrew Charles38% | → $17 | Reiterates | → Market Perform | Get Alert |
| 01/26/2023 | Buy Now | 22.03% | Barclays | Jeffrey Bernstein50% | $17 → $19 | Maintains | Overweight | Get Alert |
| 01/24/2023 | Buy Now | 47.72% | Raymond James | Brian Vaccaro81% | $24 → $23 | Maintains | Outperform | Get Alert |
| 01/05/2023 | Buy Now | 9.18% | Barclays | Jeffrey Bernstein50% | $20 → $17 | Maintains | Overweight | Get Alert |
| 11/08/2022 | Buy Now | 28.45% | Barclays | Jeffrey Bernstein50% | $19 → $20 | Maintains | Overweight | Get Alert |
| 11/08/2022 | Buy Now | 28.45% | Citigroup | Jon Tower62% | $22 → $20 | Maintains | Buy | Get Alert |
| 11/07/2022 | Buy Now | 9.18% | Cowen & Co. | Andrew Charles38% | $18.5 → $17 | Maintains | Market Perform | Get Alert |
| 11/01/2022 | Buy Now | 41.3% | Citigroup | Jon Tower62% | $23 → $22 | Maintains | Buy | Get Alert |
| 08/10/2022 | Buy Now | 34.87% | Goldman Sachs | Jared Garber46% | $19 → $21 | Maintains | Buy | Get Alert |
| 08/10/2022 | Buy Now | 18.82% | Cowen & Co. | Andrew Charles38% | $15 → $18.5 | Maintains | Market Perform | Get Alert |
| 06/09/2022 | Buy Now | 22.03% | Barclays | Jeffrey Bernstein50% | $16 → $19 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for First Watch Restaurant Gr (FWRG) stock?
The latest price target for First Watch Restaurant Gr (NASDAQ:FWRG) was reported by Guggenheim on May 8, 2025. The analyst firm set a price target for $22.00 expecting FWRG to rise to within 12 months (a possible 41.30% upside). 36 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for First Watch Restaurant Gr (FWRG)?
The latest analyst rating for First Watch Restaurant Gr (NASDAQ:FWRG) was provided by Guggenheim, and First Watch Restaurant Gr maintained their buy rating.
When was the last upgrade for First Watch Restaurant Gr (FWRG)?
The last upgrade for First Watch Restaurant Group Inc happened on April 1, 2025 when TD Securities raised their price target to $22. TD Securities previously had a hold for First Watch Restaurant Group Inc.
When was the last downgrade for First Watch Restaurant Gr (FWRG)?
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.
When is the next analyst rating going to be posted or updated for First Watch Restaurant Gr (FWRG)?
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 May 8, 2025 so you should expect the next rating to be made available sometime around May 8, 2026.
Is the Analyst Rating First Watch Restaurant Gr (FWRG) correct?
While ratings are subjective and will change, the latest First Watch Restaurant Gr (FWRG) rating was a maintained with a price target of $23.00 to $22.00. The current price First Watch Restaurant Gr (FWRG) is trading at is $15.57, which is out of the analyst’s predicted range.
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