First Watch Restaurant Group Inc (FWRG)

Currency in USD
13.09
-0.25(-1.87%)
Closed·
13.090.00(0.00%)
·
FWRG is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
12.7613.50
52 wk Range
9.9719.53
Key Statistics
Prev. Close
13.34
Open
13.44
Day's Range
12.76-13.5
52 wk Range
9.97-19.53
Volume
1.07M
Average Volume (3m)
1.36M
1-Year Change
-25.8777%
Book Value / Share
10.27
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
FWRG Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
19.45
Upside
+48.62%
Members' Sentiments
Bearish
Bullish
ProTips
7 analysts have revised their earnings downwards for the upcoming period
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Sell
Moving Averages
Buy

Analyst Ratings

10 Buy
0 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 19.45
(+48.62% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Freedom Capital
Buy17.00+29.87%-New CoverageJun 30, 2026
Stifel
Hold14.00+6.95%15.00MaintainMay 05, 2026
TD Cowen
Buy17.00+29.87%18.00MaintainMay 05, 2026
DA Davidson
Buy17.00+29.87%17.00MaintainApr 28, 2026
BofA Securities
Buy19.00+45.15%20.00MaintainApr 24, 2026

First Watch Restaurant Group Inc SWOT Analysis


Expansion Momentum
First Watch demonstrates resilience through positive comparable sales and strategic geographic expansion, outperforming struggling family dining peers
Valuation Opportunity
Analysts set price targets ranging from $19 to $22, with an average around $20.50, highlighting significant upside from current undervalued trading levels
Demographic Edge
The company's focus on affluent, older customers provides pricing power and spending stability that competitors targeting value-conscious diners cannot match
Growth Trajectory
Robust unit economics and proven concept portability across diverse markets position the company to deliver sustained EBITDA expansion through operational leverage
Read full SWOT analysis

First Watch Restaurant Group Inc Earnings Call Summary for Q1/2026

  • Q1 revenue hit $331M (up 17.3% YoY), beating forecast by $1.57M; EPS loss of $0.04 missed estimate of $0.03 by 33%
  • Stock plunged 6.72% in pre-market to $12.22, down 32% over six months, trading near 52-week low of $10.09
  • Same-restaurant sales grew 2.8% despite 2% traffic decline; launched first major menu overhaul in over a decade
  • Restaurant-level profit margin improved to 18.5% from 17.5%; adjusted EBITDA rose 22.2% to $27.8M
  • Reaffirmed FY2026 guidance of 1-3% same-restaurant sales growth; opened 16 new locations focusing on core and emerging markets
Last Updated: 2026-05-05, 09:14 a/m
Read Full Transcript

Earnings

Latest Release
May 05, 2026
EPS / Forecast
-0.04 / -0.03
Revenue / Forecast
331M / 329.43M
EPS Revisions
Last 90 days

FWRG Income Statement

Compare FWRG to Peers and Sector

Metrics to compare
FWRG
Peers
Sector
Relationship
P/E Ratio
45.9x18.1x10.3x
PEG Ratio
0.72−0.100.02
Price/Book
1.3x3.4x1.4x
Price / LTM Sales
0.6x1.6x0.9x
Upside (Analyst Target)
49.0%14.6%28.5%
Fair Value Upside
Unlock8.5%12.4%Unlock

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
30.40M49.32%405.58M
Other Institutional Investors
39.95M50.68%532.95M
Public Companies & Retail Investors
0.000.00%0.00
Total
70.35M100.00%938.53M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.6.61%4,071,74554,317
BNY Asset Management6.40%3,946,63052,648

People Also Watch

14.67
MPAA
-2.46%
37.91
BBSI
+0.48%
17.21
MNRO
+0.35%
4.98
PTLO
-0.20%
13.55
CMCO
-6.62%

FAQ

What Is the First Watch Restaurant (FWRG) Stock Price Today?

The First Watch Restaurant stock price today is 13.09 USD.

What Stock Exchange Does First Watch Restaurant Trade On?

First Watch Restaurant is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for First Watch Restaurant?

The stock symbol for First Watch Restaurant is "FWRG."

What Is the First Watch Restaurant Market Cap?

As of today, First Watch Restaurant market cap is 806.93M USD.

What Is First Watch Restaurant's Earnings Per Share (TTM)?

The First Watch Restaurant EPS (TTM) is 0.28.

When Is the Next First Watch Restaurant Earnings Date?

First Watch Restaurant will release its next earnings report on Aug 11, 2026.

From a Technical Analysis Perspective, Is FWRG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has First Watch Restaurant Stock Split?

First Watch Restaurant has split 0 times.

How Many Employees Does First Watch Restaurant Have?

First Watch Restaurant has 17500 employees.

What is the current trading status of First Watch Restaurant (FWRG)?

As of Jul 03, 2026, First Watch Restaurant (FWRG) is trading at a price of 13.09 USD, with a previous close of 13.34 USD. The stock has fluctuated within a day range of 12.76 USD to 13.50 USD, while its 52-week range spans from 9.97 USD to 19.53 USD.

What Is First Watch Restaurant (FWRG) Price Target According to Analysts?

The average 12-month price target for First Watch Restaurant is 19.45 USD, with a high estimate of 22 USD and a low estimate of 17 USD. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +48.62% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.