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NASDAQ: FWRG
First Watch Restaurant Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for FWRG

Based on 5 analysts offering 12 month price targets for First Watch Restaurant Group Inc.
Min Forecast
$20.00+11.73%
Avg Forecast
$22.60+26.26%
Max Forecast
$24.00+34.08%

Should I buy or sell FWRG stock?

Based on 5 analysts offering ratings for First Watch Restaurant Group Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
1 analysts 20%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FWRG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 1%
100
BuyMaintains$24.00+34.08%2023-08-02
Barclays
Top 9%
92
Strong BuyMaintains$23.00+28.49%2023-08-02Find out why
TD Cowen
Top 28%
73
HoldReiterates$20.00+11.73%2023-08-01
Citigroup
Top 9%
92
Strong BuyMaintains$24.00+34.08%2023-07-27Find out why
Piper Sandler
Top 5%
96
Strong BuyInitiates Coverage On$22.00+22.91%2023-07-18

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Forecast return on equity

Is FWRG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.82%

Forecast return on assets

Is FWRG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

FWRG earnings growth forecast

How is FWRG forecast to perform vs Restaurants companies and vs the US market?
Company
11.68%
Industry
10.3%
Market
20.23%
FWRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

FWRG revenue growth forecast

How is FWRG forecast to perform vs Restaurants companies and vs the US market?
Company
9.81%
Industry
5.89%
Market
8.15%
FWRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

FWRG vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
FWRG$17.90$22.60+26.26%Strong Buy
PTLO$15.55$25.20+62.06%Strong Buy
SG$11.48$15.17+32.12%Buy
DIN$51.91$69.50+33.89%Strong Buy
EAT$30.15$39.09+29.66%Hold

First Watch Restaurant Group Stock Forecast FAQ

Is First Watch Restaurant Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: FWRG) stock is to Strong Buy FWRG stock.

Out of 5 analysts, 3 (60%) are recommending FWRG as a Strong Buy, 1 (20%) are recommending FWRG as a Buy, 1 (20%) are recommending FWRG as a Hold, 0 (0%) are recommending FWRG as a Sell, and 0 (0%) are recommending FWRG as a Strong Sell.

If you're new to stock investing, here's how to buy First Watch Restaurant Group stock.

What is FWRG's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: FWRG) forecast ROE is N/A, which is considered weak.

What is FWRG's Price Target?

According to 5 Wall Street analysts that have issued a 1 year FWRG price target, the average FWRG price target is $22.60, with the highest FWRG stock price forecast at $24.00 and the lowest FWRG stock price forecast at $20.00.

On average, Wall Street analysts predict that First Watch Restaurant Group's share price could reach $22.60 by Aug 2, 2024. The average First Watch Restaurant Group stock price prediction forecasts a potential upside of 26.26% from the current FWRG share price of $17.90.

What is FWRG's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: FWRG) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of N/A.
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