On May 7, 2025, Stephens & Co. analyst Jim Salera released an updated assessment of First Watch Restaurant Group (FWRG, Financial), maintaining an "Overweight" rating but adjusting the price target.
The price target for FWRG has been lowered from $24.00 to $23.00 USD, representing a decrease of 4.17%. This adjustment reflects the analyst's revised expectations for the company's stock performance.
The rating for First Watch Restaurant Group (FWRG, Financial) remains unchanged at "Overweight". This indicates a continued positive outlook on the stock's potential despite the adjustment in price target.
Investors and stakeholders are advised to consider this new price target and the maintained rating when evaluating their positions in FWRG.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for First Watch Restaurant Group Inc (FWRG, Financial) is $22.36 with a high estimate of $28.00 and a low estimate of $18.00. The average target implies an upside of 45.50% from the current price of $15.37. More detailed estimate data can be found on the First Watch Restaurant Group Inc (FWRG) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, First Watch Restaurant Group Inc's (FWRG, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for First Watch Restaurant Group Inc (FWRG, Financial) in one year is $27.30, suggesting a upside of 77.62% from the current price of $15.37. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the First Watch Restaurant Group Inc (FWRG) Summary page.
