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

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Analyst price target for FWRG

Based on 9 analysts offering 12 month price targets for First Watch Restaurant Group Inc.
Min Forecast
$18.50+27.76%
Avg Forecast
$23.72+63.83%
Max Forecast
$30.00+107.18%

Should I buy or sell FWRG stock?

Based on 9 analysts offering ratings for First Watch Restaurant Group Inc.
Strong Buy
Strong Buy
7 analysts 77.78%
Buy
1 analysts 11.11%
Hold
1 analysts 11.11%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FWRG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Bottom 15%
15
Strong BuyMaintains$21.00+45.03%2022-08-10
Cowen & Co.
Bottom 17%
17
HoldMaintains$18.50+27.76%2022-08-10
Barclays
Bottom 10%
10
Strong BuyMaintains$19.00+31.22%2022-06-09
Anonymous
Goldman Sachs
Strong BuyMaintains$22.00+51.93%2022-03-24
Jefferies
Top 19%
82
Strong BuyMaintains$25.00+72.65%2022-03-22
Raymond James
Top 2%
99
BuyInitiates Coverage On$24.00+65.75%2022-01-13
Guggenheim
Top 17%
84
Strong BuyInitiates Coverage On$26.00+79.56%2021-10-26
Bank of America
Bottom 14%
14
Strong BuyInitiates Coverage On$30.00+107.18%2021-10-26
Stifel Nicolaus
Top 19%
82
Strong BuyInitiates Coverage On$25.00+72.65%2021-10-26
Piper Sandler
Top 5%
96
Strong BuyInitiates Coverage On$25.00+72.65%2021-10-26

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Forecast return on equity

Is FWRG forecast to generate an efficient return?
Company
N/A
Industry
53.44%
Market
121.74%

Forecast return on assets

Is FWRG forecast to generate an efficient return on assets?
Company
N/A
Industry
24.56%

FWRG earnings per share forecast

What is FWRG's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$0.20+300%
Avg 2 year Forecast
$0.31+520%
Avg 3 year Forecast
$0.35+600%
FWRG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FWRG revenue forecast

What is FWRG's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$725.1M+7.01%
Avg 2 year Forecast
$850.8M+25.55%
Avg 3 year Forecast
$954.5M+40.86%
FWRG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FWRG earnings growth forecast

How is FWRG forecast to perform vs Restaurants companies and vs the US market?
Company
103.28%
Industry
26.52%
Market
16.88%
FWRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FWRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FWRG's earnings are forecast to... subscribe to Premium to read more.
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
12.28%
Industry
10.51%
Market
8.59%
FWRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FWRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FWRG vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
FWRG$14.48$23.72+63.83%Strong Buy
KRUS$73.58$80.50+9.40%Strong Buy
DIN$63.56$91.38+43.76%Strong Buy
EAT$24.98$35.06+40.35%Hold
RICK$65.34$100.00+53.05%Buy

First Watch Restaurant Group Stock Forecast FAQ

Is First Watch Restaurant Group Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: FWRG) stock is to Strong Buy FWRG stock.

Out of 9 analysts, 7 (77.78%) are recommending FWRG as a Strong Buy, 1 (11.11%) are recommending FWRG as a Buy, 1 (11.11%) 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 earnings growth forecast for 2022-2024?

(NASDAQ: FWRG) First Watch Restaurant Group's forecast annual earnings growth rate of 103.28% is forecast to beat the US Restaurants industry's average forecast earnings growth rate of 26.52%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.88%.

First Watch Restaurant Group's earnings in 2022 is $3,477,000.On average, 6 Wall Street analysts forecast FWRG's earnings for 2022 to be $11,816,070, with the lowest FWRG earnings forecast at $8,862,052, and the highest FWRG earnings forecast at $12,997,677. On average, 6 Wall Street analysts forecast FWRG's earnings for 2023 to be $18,314,908, with the lowest FWRG earnings forecast at $14,770,087, and the highest FWRG earnings forecast at $21,859,729.

In 2024, FWRG is forecast to generate $20,678,122 in earnings, with the lowest earnings forecast at $17,133,301 and the highest earnings forecast at $24,222,943.

What is FWRG's revenue growth forecast for 2022-2024?

(NASDAQ: FWRG) First Watch Restaurant Group's forecast annual revenue growth rate of 12.28% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 10.51%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.59%.

First Watch Restaurant Group's revenue in 2022 is $677,626,000.On average, 4 Wall Street analysts forecast FWRG's revenue for 2022 to be $42,839,160,335, with the lowest FWRG revenue forecast at $42,750,539,813, and the highest FWRG revenue forecast at $42,939,596,926. On average, 4 Wall Street analysts forecast FWRG's revenue for 2023 to be $50,263,669,507, with the lowest FWRG revenue forecast at $49,389,398,518, and the highest FWRG revenue forecast at $50,667,306,445.

In 2024, FWRG is forecast to generate $56,392,369,407 in revenue, with the lowest revenue forecast at $54,584,924,321 and the highest revenue forecast at $57,621,063,404.

What is FWRG's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: FWRG) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of 24.56%.

What is FWRG's Price Target?

According to 9 Wall Street analysts that have issued a 1 year FWRG price target, the average FWRG price target is $23.72, with the highest FWRG stock price forecast at $30.00 and the lowest FWRG stock price forecast at $18.50.

On average, Wall Street analysts predict that First Watch Restaurant Group's share price could reach $23.72 by Aug 10, 2023. The average First Watch Restaurant Group stock price prediction forecasts a potential upside of 63.83% from the current FWRG share price of $14.48.

What is FWRG's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: FWRG) First Watch Restaurant Group's current Earnings Per Share (EPS) is $0.05. On average, analysts forecast that FWRG's EPS will be $0.20 for 2022, with the lowest EPS forecast at $0.15, and the highest EPS forecast at $0.22. On average, analysts forecast that FWRG's EPS will be $0.31 for 2023, with the lowest EPS forecast at $0.25, and the highest EPS forecast at $0.37. In 2024, FWRG's EPS is forecast to hit $0.35 (min: $0.29, max: $0.41).

What is FWRG's forecast return on equity (ROE) for 2022-2025?

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