$17.37
0.03% today
NYSE, May 15, 03:51 pm CET
ISIN
US33748L1017
Symbol
FWRG
Industry

First Watch Restaurant Group Target price 2025 - Analyst rating & recommendation

First Watch Restaurant Group Classifications & Recommendation:

Buy
91%
Hold
9%

First Watch Restaurant Group Price Target

Target Price $20.91
Price $17.36
Potential
Number of Estimates 11
11 Analysts have issued a price target First Watch Restaurant Group 2026 . The average First Watch Restaurant Group target price is $20.91. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 11 analysts: 10 Analysts recommend First Watch Restaurant Group to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the First Watch Restaurant Group stock has an average upside potential 2026 of . Most analysts recommend the First Watch Restaurant Group stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Revenue Billion $ 1.02 1.21
13.95% 18.74%
EBITDA Margin 10.15% 9.56%
0.95% 5.80%
Net Margin 1.80% 0.75%
35.79% 58.34%

10 Analysts have issued a sales forecast First Watch Restaurant Group 2025 . The average First Watch Restaurant Group sales estimate is

$1.2b
Unlock
. This is
14.27% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.2b 15.25%
Unlock
, the lowest is
$1.2b 12.09%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2024 $1.0b 13.95%
2025
$1.2b 18.74%
Unlock
2026
$1.4b 16.12%
Unlock
2027
$1.6b 14.11%
Unlock
2028
$1.8b 12.66%
Unlock
2029
$2.0b 13.55%
Unlock

10 Analysts have issued an First Watch Restaurant Group EBITDA forecast 2025. The average First Watch Restaurant Group EBITDA estimate is

$115m
Unlock
. This is
19.57% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$125m 29.55%
Unlock
, the lowest is
$107m 10.89%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 $103m 15.03%
2025
$115m 11.90%
Unlock
2026
$144m 24.64%
Unlock
2027
$170m 18.28%
Unlock
2028
$195m 14.83%
Unlock
2029
$227m 16.23%
Unlock

EBITDA Margin

2024 10.15% 0.95%
2025
9.56% 5.80%
Unlock
2026
10.27% 7.43%
Unlock
2027
10.64% 3.60%
Unlock
2028
10.85% 1.97%
Unlock
2029
11.10% 2.30%
Unlock

5 First Watch Restaurant Group Analysts have issued a net profit forecast 2025. The average First Watch Restaurant Group net profit estimate is

$9.0m
Unlock
. This is
12.98% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$12.2m 17.61%
Unlock
, the lowest is
$6.1m 41.15%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 $18.3m 26.83%
2025
$9.0m 50.69%
Unlock
2026
$22.1m 144.68%
Unlock

Net Margin

2024 1.80% 35.79%
2025
0.75% 58.34%
Unlock
2026
1.58% 110.67%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Earnings Per Share $ 0.30 0.15
26.83% 50.00%
P/E 117.30
EV/Sales 1.56

5 Analysts have issued a First Watch Restaurant Group forecast for earnings per share. The average First Watch Restaurant Group EPS is

$0.15
Unlock
. This is
11.76% lower
Unlock
than earnings per share in the financial year 2024. The highest EPS forecast is
$0.20 17.65%
Unlock
, the lowest is
$0.10 41.18%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 $0.30 26.83%
2025
$0.15 50.00%
Unlock
2026
$0.36 140.00%
Unlock

P/E ratio

Current 99.66 79.44%
2025
117.30 17.70%
Unlock
2026
47.96 59.11%
Unlock

Based on analysts' sales estimates for 2025, the First Watch Restaurant Group stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.78 10.55%
2025
1.56 12.46%
Unlock
2026
1.34 13.88%
Unlock
2027
1.18 12.37%
Unlock
2028
1.04 11.23%
Unlock
2029
0.92 11.94%
Unlock

P/S ratio

Current 1.00 26.80%
2025
0.88 12.49%
Unlock
2026
0.76 13.88%
Unlock
2027
0.66 12.37%
Unlock
2028
0.59 11.23%
Unlock
2029
0.52 11.94%
Unlock

Current First Watch Restaurant Group Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
Guggenheim
Locked
Locked
Locked May 08 2025
Stephens & Co.
Locked
Locked
Locked May 07 2025
Piper Sandler
Locked
Locked
Locked May 07 2025
Raymond James
Locked
Locked
Locked May 07 2025
TD Securities
Locked
Locked
Locked May 07 2025
Benchmark
Locked
Locked
Locked May 07 2025
Barclays
Locked
Locked
Locked May 06 2025
Analyst Rating Date
Locked
Guggenheim:
Locked
Locked
May 08 2025
Locked
Stephens & Co.:
Locked
Locked
May 07 2025
Locked
Piper Sandler:
Locked
Locked
May 07 2025
Locked
Raymond James:
Locked
Locked
May 07 2025
Locked
TD Securities:
Locked
Locked
May 07 2025
Locked
Benchmark:
Locked
Locked
May 07 2025
Locked
Barclays:
Locked
Locked
May 06 2025

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today