On July 17, 2025, Barclays analyst Dan Levy announced an update regarding First Watch Restaurant Group, Inc. (FWRG, Financial). The analysis maintains the "Overweight" rating previously assigned to the stock, highlighting continued confidence in its performance.
In addition to maintaining the rating, Barclays has raised the price target for First Watch Restaurant Group (FWRG, Financial) from $20.00 to $21.00 USD, marking a 5% increase. This adjustment reflects the analyst's positive outlook on the company's prospect, suggesting potential growth within the market.
Investors should note the sustained optimism by analysts for First Watch Restaurant Group (FWRG, Financial), emphasizing the stock's potential upside in the evolving restaurant sector.
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 $20.91 with a high estimate of $23.00 and a low estimate of $17.00. The average target implies an upside of 20.44% from the current price of $17.36. 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 $28.56, suggesting a upside of 64.52% from the current price of $17.36. 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.
