First Watch Restaurant Group Inc has a consensus price target of $23 based on the ratings of 14 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 Stephens & Co., Barclays, and TD Securities on April 24, 2025, April 22, 2025, and April 1, 2025, respectively. With an average price target of $23.33 between Stephens & Co., Barclays, and TD Securities, there's an implied 20.27% upside for First Watch Restaurant Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/24/2025 | Buy Now | 23.71% | Stephens & Co. | Jim Salera43% | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
04/22/2025 | Buy Now | 23.71% | Barclays | Dan Levy42% | $21 → $24 | Maintains | Overweight | Get Alert |
04/01/2025 | Buy Now | 13.4% | TD Securities | Andrew Charles67% | $21 → $22 | Upgrade | Hold → Buy | Get Alert |
03/20/2025 | Buy Now | 23.71% | Stephens & Co. | Jim Salera43% | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
03/12/2025 | Buy Now | 8.25% | Barclays | Dan Levy42% | $24 → $21 | Maintains | Overweight | Get Alert |
03/12/2025 | Buy Now | 23.71% | Stephens & Co. | Jim Salera43% | $25 → $24 | Maintains | Overweight | Get Alert |
03/12/2025 | Buy Now | 44.33% | B of A Securities | Sara Senatore59% | $27 → $28 | Maintains | Buy | Get Alert |
03/12/2025 | Buy Now | 8.25% | TD Securities | Andrew Charles67% | $21 → $21 | Reiterates | Hold → Hold | Get Alert |
03/11/2025 | Buy Now | 28.87% | Stephens & Co. | Jim Salera43% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
01/28/2025 | Buy Now | 28.87% | Stephens & Co. | Jim Salera43% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
11/13/2024 | Buy Now | 28.87% | Stephens & Co. | Jim Salera43% | $25 → $25 | Reiterates | Overweight → Overweight | Get Alert |
11/11/2024 | Buy Now | 23.71% | Barclays | Jeffrey Bernstein65% | $22 → $24 | Maintains | Overweight | Get Alert |
11/11/2024 | Buy Now | 18.56% | Piper Sandler | Nicole Miller Regan75% | $22 → $23 | Maintains | Overweight | Get Alert |
11/08/2024 | Buy Now | 8.25% | TD Cowen | Andrew Charles67% | $18 → $21 | Maintains | Hold | Get Alert |
11/08/2024 | Buy Now | 13.4% | Barclays | Jeffrey Bernstein65% | $18 → $22 | Maintains | Overweight | Get Alert |
11/08/2024 | Buy Now | 28.87% | Raymond James | Brian Vaccaro80% | $22 → $25 | Maintains | Strong Buy | Get Alert |
11/08/2024 | Buy Now | 28.87% | Stephens & Co. | Jim Salera43% | $20 → $25 | Maintains | Overweight | Get Alert |
10/22/2024 | Buy Now | -7.22% | Barclays | Jeffrey Bernstein65% | $21 → $18 | Maintains | Overweight | Get Alert |
10/17/2024 | Buy Now | 3.09% | Stephens & Co. | Jim Salera43% | → $20 | Initiates | → Overweight | Get Alert |
10/16/2024 | Buy Now | 18.56% | Benchmark | Todd Brooks45% | $23 → $23 | Reiterates | Buy → Buy | Get Alert |
10/04/2024 | Buy Now | 3.09% | Guggenheim | Gregory Francfort69% | $24 → $20 | Maintains | Buy | Get Alert |
09/12/2024 | Buy Now | -7.22% | TD Cowen | Andrew Charles67% | $18 → $18 | Reiterates | Hold → Hold | Get Alert |
08/27/2024 | Buy Now | 18.56% | Benchmark | Todd Brooks45% | → $23 | Initiates | → Buy | Get Alert |
08/07/2024 | Buy Now | 8.25% | Barclays | Jeffrey Bernstein65% | $27 → $21 | Maintains | Overweight | Get Alert |
08/07/2024 | Buy Now | -7.22% | TD Cowen | Andrew Charles67% | $18 → $18 | Reiterates | Hold → Hold | Get Alert |
07/17/2024 | Buy Now | 23.71% | B of A Securities | Sara Senatore59% | $29 → $24 | Maintains | Buy | Get Alert |
07/17/2024 | Buy Now | -7.22% | TD Cowen | Andrew Charles67% | $21 → $18 | Maintains | Hold | Get Alert |
07/02/2024 | Buy Now | -7.22% | Stifel | Chris O'Cull75% | $22 → $18 | Maintains | Hold | Get Alert |
06/13/2024 | Buy Now | 8.25% | TD Cowen | Andrew Charles67% | $25 → $21 | Maintains | Hold | Get Alert |
05/08/2024 | Buy Now | 28.87% | TD Cowen | Andrew Charles67% | $26 → $25 | Maintains | Hold | Get Alert |
05/08/2024 | Buy Now | 39.18% | Barclays | Jeffrey Bernstein65% | $29 → $27 | Maintains | Overweight | Get Alert |
04/12/2024 | Buy Now | 34.02% | TD Cowen | Andrew Charles67% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
04/11/2024 | Buy Now | 34.02% | TD Cowen | Andrew Charles67% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
04/10/2024 | Buy Now | 34.02% | TD Cowen | Andrew Charles67% | $26 → $26 | Reiterates | Hold → Hold | Get Alert |
03/06/2024 | Buy Now | 13.4% | Stifel | Chris O'Cull75% | $20 → $22 | Maintains | Hold | Get Alert |
03/06/2024 | Buy Now | 64.95% | Citigroup | Jon Tower72% | $24 → $32 | Maintains | Buy | Get Alert |
03/06/2024 | Buy Now | 49.48% | Barclays | Jeffrey Bernstein65% | $23 → $29 | Maintains | Overweight | Get Alert |
03/05/2024 | Buy Now | 34.02% | TD Cowen | Andrew Charles67% | $21 → $26 | Maintains | Market Perform | Get Alert |
01/25/2024 | Buy Now | 28.87% | Raymond James | Brian Vaccaro80% | $23 → $25 | Maintains | Strong Buy | Get Alert |
01/04/2024 | Buy Now | 3.09% | Stifel | Chris O'Cull75% | $22 → $20 | Downgrade | Buy → Hold | Get Alert |
01/03/2024 | Buy Now | 18.56% | Barclays | Jeffrey Bernstein65% | $20 → $23 | Maintains | Overweight | Get Alert |
11/02/2023 | Buy Now | 18.56% | Raymond James | Brian Vaccaro80% | $22 → $23 | Maintains | Strong Buy | Get Alert |
10/23/2023 | Buy Now | 3.09% | Barclays | Jeffrey Bernstein65% | $23 → $20 | Maintains | Overweight | Get Alert |
10/18/2023 | Buy Now | 13.4% | Raymond James | Brian Vaccaro80% | $24 → $22 | Upgrade | Outperform → Strong Buy | Get Alert |
08/02/2023 | Buy Now | 23.71% | Raymond James | Brian Vaccaro80% | $22 → $24 | Maintains | Outperform | Get Alert |
08/02/2023 | Buy Now | 18.56% | Barclays | Jeffrey Bernstein65% | $21 → $23 | Maintains | Overweight | Get Alert |
08/01/2023 | Buy Now | 3.09% | TD Cowen | Andrew Charles67% | $19 → $20 | Reiterates | → Market Perform | Get Alert |
07/27/2023 | Buy Now | 23.71% | Citigroup | Jon Tower72% | $22 → $24 | Maintains | Buy | Get Alert |
07/18/2023 | Buy Now | 13.4% | Piper Sandler | Nicole Miller Regan75% | → $22 | Initiates | → Overweight | Get Alert |
06/15/2023 | Buy Now | -2.06% | TD Cowen | Andrew Charles67% | → $19 | Reiterates | Market Perform → Market Perform | Get Alert |
06/09/2023 | Buy Now | -2.06% | TD Cowen | Andrew Charles67% | → $19 | Reiterates | Market Perform → Market Perform | Get Alert |
05/31/2023 | Buy Now | -2.06% | TD Cowen | Andrew Charles67% | $18 → $19 | Maintains | Market Perform | Get Alert |
05/03/2023 | Buy Now | 13.4% | Citigroup | Jon Tower72% | $20 → $22 | Maintains | Buy | Get Alert |
05/03/2023 | Buy Now | 8.25% | Barclays | Jeffrey Bernstein65% | $19 → $21 | Maintains | Overweight | Get Alert |
05/03/2023 | Buy Now | -7.22% | TD Cowen | Andrew Charles67% | $17 → $18 | Maintains | Market Perform | Get Alert |
03/08/2023 | Buy Now | 3.09% | Citigroup | Jon Tower72% | $21 → $20 | Maintains | Buy | Get Alert |
03/08/2023 | Buy Now | 13.4% | Raymond James | Brian Vaccaro80% | $23 → $22 | Maintains | Outperform | Get Alert |
03/08/2023 | Buy Now | -12.37% | TD Cowen | Andrew Charles67% | → $17 | Reiterates | → Market Perform | Get Alert |
01/26/2023 | Buy Now | -2.06% | Barclays | Jeffrey Bernstein65% | $17 → $19 | Maintains | Overweight | Get Alert |
01/24/2023 | Buy Now | 18.56% | Raymond James | Brian Vaccaro80% | $24 → $23 | Maintains | Outperform | Get Alert |
01/05/2023 | Buy Now | -12.37% | Barclays | Jeffrey Bernstein65% | $20 → $17 | Maintains | Overweight | Get Alert |
11/08/2022 | Buy Now | 3.09% | Barclays | Jeffrey Bernstein65% | $19 → $20 | Maintains | Overweight | Get Alert |
11/08/2022 | Buy Now | 3.09% | Citigroup | Jon Tower72% | $22 → $20 | Maintains | Buy | Get Alert |
11/07/2022 | Buy Now | -12.37% | Cowen & Co. | Andrew Charles67% | $18.5 → $17 | Maintains | Market Perform | Get Alert |
11/01/2022 | Buy Now | 13.4% | Citigroup | Jon Tower72% | $23 → $22 | Maintains | Buy | Get Alert |
08/10/2022 | Buy Now | 8.25% | Goldman Sachs | Jared Garber47% | $19 → $21 | Maintains | Buy | Get Alert |
08/10/2022 | Buy Now | -4.64% | Cowen & Co. | Andrew Charles67% | $15 → $18.5 | Maintains | Market Perform | Get Alert |
06/09/2022 | Buy Now | -2.06% | Barclays | Jeffrey Bernstein65% | $16 → $19 | Maintains | Overweight | Get Alert |
The latest price target for First Watch Restaurant Gr (NASDAQ:FWRG) was reported by Stephens & Co. on April 24, 2025. The analyst firm set a price target for $24.00 expecting FWRG to rise to within 12 months (a possible 23.71% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for First Watch Restaurant Gr (NASDAQ:FWRG) was provided by Stephens & Co., and First Watch Restaurant Gr reiterated their overweight rating.
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.
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.
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 24, 2025 so you should expect the next rating to be made available sometime around April 24, 2026.
While ratings are subjective and will change, the latest First Watch Restaurant Gr (FWRG) rating was a reiterated with a price target of $24.00 to $24.00. The current price First Watch Restaurant Gr (FWRG) is trading at is $19.40, which is out of the analyst’s predicted range.
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