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Analyst Price Targets — FWRG

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DateAnalystFirmTargetPrice @ PostSourceHeadline
May 5, 2026 6:16 pmChris O'CullStifel Nicolaus$14.00$12.18TheFly First Watch Restaurant price target lowered to $14 from $15 at Stifel
February 24, 2026 7:42 pmBrian MullanPiper Sandler$19.00$12.32TheFly First Watch Restaurant price target lowered to $19 from $22 at Piper Sandler
January 7, 2026 11:39 amBarclays$19.00$15.90TheFly First Watch Restaurant price target lowered to $19 from $21 at Barclays
May 7, 2025 5:34 pmChris O'CullStifel Nicolaus$17.00$15.99TheFly First Watch Restaurant price target lowered to $17 from $18 at Stifel
May 7, 2025 11:36 amBrian VaccaroRaymond James$21.00$15.33TheFly First Watch Restaurant price target lowered to $21 from $25 at Raymond James
May 7, 2025 11:16 amBrian MullanPiper Sandler$20.00$15.33TheFly First Watch Restaurant price target lowered to $20 from $23 at Piper Sandler
April 22, 2025 10:25 amBarclays$24.00$19.88TheFly First Watch Restaurant price target raised to $24 from $21 at Barclays
March 11, 2025 5:37 pmJeffrey BernsteinBernstein$21.00$16.83TheFly First Watch Restaurant price target lowered to $21 from $24 at Barclays
November 11, 2024 12:17 pmBrian MullanPiper Sandler$23.00$17.66StreetInsider First Watch (FWRG) PT Raised to $23 at Piper Sandler
October 16, 2024 4:06 pmJim SaleraStephens$20.00$14.97StreetInsider Stephens Starts First Watch (FWRG) at Overweight

Latest News for FWRG

First Watch: A Long-Term Buy For Investors With The Stomach For Risk

First Watch Restaurant Group is rated a Modest Buy, reflecting a balance between low current profitability and strong long-term growth potential. FWRG's aggressive expansion has driven revenue CAGR of 18.3% over three years, but operating margins compressed from 4.6% to 2.3% due to rising costs. Valuation is rich on earnings multiples (78x forward P/E), but price-to-sales is modest; the market is betting on future…

Seeking Alpha • Jun 22, 2026
First Watch Restaurant Group, Inc. Announces Appointment of Ashlee Weisser to Chief Financial Officer

BRADENTON, Fla., June 08, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Ashlee Weisser to Chief Financial Officer effective June 8, 2026. She succeeds Mel Hope, who announced his planned retirement earlier this year and will continue to serve in an…

GlobeNewsWire • Jun 8, 2026

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