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First Watch Restaurant Gr

FWRGNASDAQ
$15.60
00.00%
Pre-Market: Jul 19, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$32.00
Lowest Price Target1
$17.00
Consensus Price Target1
$23.42

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

First Watch Restaurant Group Inc has a consensus price target of $23.42 based on the ratings of 12 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 B of A Securities, TD Cowen, and Stifel on July 17, 2024, July 17, 2024, and July 2, 2024, respectively. With an average price target of $20 between B of A Securities, TD Cowen, and Stifel, there's an implied 28.21% upside for First Watch Restaurant Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Apr
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May
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Jun
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Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
TD Cowen
Stifel
Barclays
Citigroup

1calculated from analyst ratings

Analyst Ratings for First Watch Restaurant Gr

Buy NowGet Alert
07/17/2024Buy Now53.85%B of A Securities
Sara Senatore
$29 → $24MaintainsBuyGet Alert
07/17/2024Buy Now15.38%TD Cowen
Andrew Charles
$21 → $18MaintainsHoldGet Alert
07/02/2024Buy Now15.38%Stifel
Chris O'Cull
$22 → $18MaintainsHoldGet Alert
06/13/2024Buy Now34.62%TD Cowen
Andrew Charles
$25 → $21MaintainsHoldGet Alert
05/08/2024Buy Now60.26%TD Cowen
Andrew Charles
$26 → $25MaintainsHoldGet Alert
05/08/2024Buy Now73.08%Barclays
Jeffrey Bernstein
$29 → $27MaintainsOverweightGet Alert
04/12/2024Buy Now66.67%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
04/11/2024Buy Now66.67%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
04/10/2024Buy Now66.67%TD Cowen
Andrew Charles
→ $26ReiteratesHold → HoldGet Alert
03/06/2024Buy Now41.03%Stifel
Chris O'Cull
$20 → $22MaintainsHoldGet Alert
03/06/2024Buy Now105.13%Citigroup
Jon Tower
$24 → $32MaintainsBuyGet Alert
03/06/2024Buy Now85.9%Barclays
Jeffrey Bernstein
$23 → $29MaintainsOverweightGet Alert
03/05/2024Buy Now66.67%TD Cowen
Andrew Charles
$21 → $26MaintainsMarket PerformGet Alert
01/25/2024Buy Now60.26%Raymond James
Brian Vaccaro
$23 → $25MaintainsStrong BuyGet Alert
01/04/2024Buy Now28.21%Stifel
Chris O'Cull
$22 → $20DowngradeBuy → HoldGet Alert
01/03/2024Buy Now47.44%Barclays
Jeffrey Bernstein
$20 → $23MaintainsOverweightGet Alert
11/02/2023Buy Now47.44%Raymond James
Brian Vaccaro
$22 → $23MaintainsStrong BuyGet Alert
10/23/2023Buy Now28.21%Barclays
Jeffrey Bernstein
$23 → $20MaintainsOverweightGet Alert
10/18/2023Buy Now41.03%Raymond James
Brian Vaccaro
$24 → $22UpgradeOutperform → Strong BuyGet Alert
08/02/2023Buy Now53.85%Raymond James
Brian Vaccaro
$22 → $24MaintainsOutperformGet Alert
08/02/2023Buy Now47.44%Barclays
Jeffrey Bernstein
$21 → $23MaintainsOverweightGet Alert
08/01/2023Buy Now28.21%TD Cowen
Andrew Charles
$19 → $20Reiterates → Market PerformGet Alert
07/27/2023Buy Now53.85%Citigroup
Jon Tower
$22 → $24MaintainsBuyGet Alert
07/18/2023Buy Now41.03%Piper Sandler
Nicole Miller Regan
→ $22Initiates → OverweightGet Alert
06/15/2023Buy Now21.79%TD Cowen
Andrew Charles
→ $19ReiteratesMarket Perform → Market PerformGet Alert
06/09/2023Buy Now21.79%TD Cowen
Andrew Charles
→ $19ReiteratesMarket Perform → Market PerformGet Alert
05/31/2023Buy Now21.79%TD Cowen
Andrew Charles
$18 → $19MaintainsMarket PerformGet Alert
05/03/2023Buy Now41.03%Citigroup
Jon Tower
$20 → $22MaintainsBuyGet Alert
05/03/2023Buy Now34.62%Barclays
Jeffrey Bernstein
$19 → $21MaintainsOverweightGet Alert
05/03/2023Buy Now15.38%TD Cowen
Andrew Charles
$17 → $18MaintainsMarket PerformGet Alert
03/08/2023Buy Now28.21%Citigroup
Jon Tower
$21 → $20MaintainsBuyGet Alert
03/08/2023Buy Now41.03%Raymond James
Brian Vaccaro
$23 → $22MaintainsOutperformGet Alert
03/08/2023Buy Now8.97%TD Cowen
Andrew Charles
→ $17Reiterates → Market PerformGet Alert
01/26/2023Buy Now21.79%Barclays
Jeffrey Bernstein
$17 → $19MaintainsOverweightGet Alert
01/24/2023Buy Now47.44%Raymond James
Brian Vaccaro
$24 → $23MaintainsOutperformGet Alert
01/05/2023Buy Now8.97%Barclays
Jeffrey Bernstein
$20 → $17MaintainsOverweightGet Alert
11/08/2022Buy Now28.21%Barclays
Jeffrey Bernstein
$19 → $20MaintainsOverweightGet Alert
11/08/2022Buy Now28.21%Citigroup
Jon Tower
$22 → $20MaintainsBuyGet Alert
11/07/2022Buy Now8.97%Cowen & Co.
Andrew Charles
$18.5 → $17MaintainsMarket PerformGet Alert
11/01/2022Buy Now41.03%Citigroup
Jon Tower
$23 → $22MaintainsBuyGet Alert
08/10/2022Buy Now34.62%Goldman Sachs
Jared Garber
$19 → $21MaintainsBuyGet Alert
08/10/2022Buy Now18.59%Cowen & Co.
Andrew Charles
$15 → $18.5MaintainsMarket PerformGet Alert
06/09/2022Buy Now21.79%Barclays
Jeffrey Bernstein
$16 → $19MaintainsOverweightGet Alert
04/25/2022Buy Now2.56%Barclays
Jeffrey Bernstein
$18 → $16MaintainsOverweightGet Alert
03/24/2022Buy Now41.03%Goldman Sachs
Jared Garber
$25 → $22MaintainsBuyGet Alert
03/24/2022Buy Now15.38%Barclays
Jeffrey Bernstein
$26 → $18MaintainsOverweightGet Alert
03/24/2022Buy Now-3.85%Cowen & Co.
Andrew Charles
$22 → $15MaintainsMarket PerformGet Alert
03/22/2022Buy Now60.26%Jefferies
Andy Barish
$30 → $25MaintainsBuyGet Alert
01/13/2022Buy Now53.85%Raymond James
Brian Vaccaro
→ $24Initiates → OutperformGet Alert
12/15/2021Buy Now66.67%BarclaysMaintainsOverweightGet Alert
10/26/2021Buy Now92.31%Jefferies
Andy Barish
Initiates → BuyGet Alert
10/26/2021Buy Now66.67%Guggenheim
Gregory Francfort
Initiates → BuyGet Alert
10/26/2021Buy Now92.31%B of A Securities
Sara Senatore
Initiates → BuyGet Alert
10/26/2021Buy Now60.26%Stifel
Chris O'Cull
Initiates → BuyGet Alert
10/26/2021Buy Now60.26%Piper Sandler
Nicole Miller Regan
Initiates → OverweightGet Alert
10/26/2021Buy Now66.67%Barclays
Jeffrey Bernstein
Initiates → OverweightGet Alert
10/26/2021Buy Now66.67%Goldman Sachs
Jared Garber
Initiates → BuyGet Alert
10/26/2021Buy Now37.82%Cowen & Co.
Andrew Charles
Initiates → Market PerformGet Alert

FAQ

Q

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

A

The latest price target for First Watch Restaurant Gr (NASDAQ:FWRG) was reported by B of A Securities on July 17, 2024. The analyst firm set a price target for $24.00 expecting FWRG to rise to within 12 months (a possible 53.85% upside). 23 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 B of A Securities, and First Watch Restaurant Gr maintained their buy 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 July 17, 2024 so you should expect the next rating to be made available sometime around July 17, 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 maintained with a price target of $29.00 to $24.00. The current price First Watch Restaurant Gr (FWRG) is trading at is $15.60, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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