First Watch Restaurant Group Inc (FWRG)

Currency in USD
15.58
-0.33(-2.07%)
Closed·
15.73+0.15(+0.96%)
·
FWRG is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
15.5215.85
52 wk Range
12.9022.71
Key Statistics
Prev. Close
15.91
Open
15.85
Day's Range
15.52-15.85
52 wk Range
12.9-22.71
Volume
861.06K
Average Volume (3m)
1.21M
1-Year Change
-17.48%
Book Value / Share
9.95
Fair Value
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Fair Value Upside
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FWRG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
22.36
Upside
+43.54%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Technical Analysis

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

First Watch Restaurant Company Profile

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. The company was founded in 1983 and is based in Bradenton, Florida.

First Watch Restaurant Group Inc SWOT Analysis


Breakfast Champion
First Watch's unique positioning in the daytime dining segment drives strong comparable store sales growth, showcasing resilience in a competitive market
Expansion Appetite
Aggressive unit growth strategy targets over 10% annual increase, with new locations demonstrating strong performance and scalability potential
Financial Forecast
Revised EBITDA guidance of $119-123 million for FY2025 reflects management's confidence, with analysts projecting sharp positive inflection in growth
Navigating Headwinds
First Watch faces challenges including cost pressures and high valuations, with a P/E ratio of 300x and EV/EBITDA of 22.2x, as it pursues ambitious growth
Read full SWOT analysis

First Watch Restaurant Group Inc Earnings Call Summary for Q3/2025

  • First Watch reported Q3 2025 revenue of $316 million (+25.6% YoY), exceeding forecasts, while EPS of $0.05 missed expectations of $0.07, yet stock surged 14.45% premarket to $18.14.
  • Same-restaurant sales grew 7.1% with traffic up 2.6%, while restaurant-level operating profit margin improved by 80 basis points to 19.7%, with adjusted EBITDA reaching $34.1 million.
  • The company opened 21 new restaurants in Q3, contributing to growth strategy, with plans to open 63-64 new locations in 2025.
  • Updated 2025 guidance projects same-restaurant sales growth of approximately 4%, total revenue growth of 20-21%, and adjusted EBITDA of around $123 million.
  • CEO Chris Tomasso emphasized prioritizing 'long-term market position and traffic growth over short-term margin protection,' while noting challenges from 6% commodity inflation and 4% labor cost inflation.
Last Updated: 04/11/2025, 14:16
Read Full Transcript

Compare FWRG to Peers and Sector

Metrics to compare
FWRG
Peers
Sector
Relationship
P/E Ratio
191.4x18.2x10.9x
PEG Ratio
−2.58−2.050.02
Price/Book
1.6x3.2x1.4x
Price / LTM Sales
0.8x1.6x1.0x
Upside (Analyst Target)
38.3%34.1%23.4%
Fair Value Upside
Unlock−13.9%10.2%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 22.36
(+43.54% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Benchmark
Buy24.00+54.04%24.00Maintain26/09/2025
Stifel
Hold17.00+9.11%17.00Maintain11/08/2025
Benchmark
Buy24.00+54.04%22.00Maintain06/08/2025
Piper Sandler
Buy22.00+41.21%20.00Maintain05/08/2025
TD Cowen
Buy21.00+34.79%19.00Maintain29/07/2025

Earnings

Latest Release
Nov 04, 2025
EPS / Forecast
0.05 / 0.07
Revenue / Forecast
316.00M / 309.05M
EPS Revisions
Last 90 days

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FAQ

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

The live First Watch Restaurant share price today is 15.58

What Stock Exchange Does First Watch Restaurant (FWRG) Trade On?

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

What Is the Ticker (Stock Symbol) for First Watch Restaurant?

The stock symbol (also called a 'ticker') for First Watch Restaurant is "FWRG."

What Is the Current First Watch Restaurant Market Cap?

As of today, First Watch Restaurant market capitalisation is 950.88M.

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

The First Watch Restaurant EPS is currently 0.08 (Trailing Twelve Months).

When Is the Next First Watch Restaurant Earnings Date?

First Watch Restaurant's next earnings report will be released on 10 Mar 2026.

Is FWRG a Buy or Sell From a Technical Analyst Perspective?

Based on today's First Watch Restaurant moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has First Watch Restaurant Stock Split?

First Watch Restaurant has split 0 times. (See the FWRG stock split history page for full effective split date and price information.)

How Many Employees Does First Watch Restaurant Have?

First Watch Restaurant has 15000 employees.

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

As of 24 Dec 2025, First Watch Restaurant (FWRG) is trading at a price of 15.58, with a previous close of 15.91. The stock has fluctuated within a day range of 15.52 to 15.85, while its 52-week range spans from 12.90 to 22.71.

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

The average 12-month price target for First Watch Restaurant is USD22.36364, with a high estimate of USD26 and a low estimate of USD17. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +43.54% Upside potential.

What Is the FWRG After Hours Price?

FWRG's last after hours stock price is 15.73, the stock has decreased by 0.15, or 0.96%.
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