First Watch Restaurant Group (FWRG) – Analysts’ Weekly Ratings Updates

First Watch Restaurant Group (NASDAQ: FWRG) has recently received a number of price target changes and ratings updates:

• 11/4/2026 – First Watch Restaurant Group had its “overweight” rating reaffirmed by Stephens. They now have a $18.00 price target on the stock.
• 10/29/2026 – First Watch Restaurant Group was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 10/21/2026 – First Watch Restaurant Group had its price target lowered by Citigroup from $20.00 to $19.00. They now have a “buy” rating on the stock.
• 10/16/2026 – First Watch Restaurant Group had its price target lowered by Raymond James Financial from $20.00 to $18.00. They now have a “strong-buy” rating on the stock.
• 10/15/2026 – First Watch Restaurant Group had its price target lowered by Stephens from $21.00 to $18.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – First Watch Restaurant Group was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 10/2/2026 – First Watch Restaurant Group had its price target lowered by DA Davidson from $17.00 to $15.00. They now have a “buy” rating on the stock.
• 9/29/2026 – First Watch Restaurant Group was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 9/14/2026 – First Watch Restaurant Group was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.

First Watch Restaurant Group Stock Down 2.8%

First Watch Restaurant Group stock traded down $0.38 during trading on Thursday, reaching $13.12. The stock had a trading volume of 1,922,725 shares, compared to its average volume of 1,489,016. The company has a quick ratio of 0.22, a current ratio of 0.27 and a debt-to-equity ratio of 0.44. First Watch Restaurant Group, Inc. has a 52-week low of $9.88 and a 52-week high of $18.77. The stock has a market cap of $809.64 million, a PE ratio of 41.00, a P/E/G ratio of 61.56 and a beta of 1.00. The business has a 50 day moving average price of $11.39 and a 200 day moving average price of $12.42.

First Watch Restaurant Group (NASDAQ:FWRG) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. First Watch Restaurant Group had a net margin of 1.45% and a return on equity of 3.12%. The company had revenue of $349.86 million for the quarter, compared to the consensus estimate of $348.99 million. During the same period in the prior year, the firm posted $0.05 EPS. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. On average, analysts predict that First Watch Restaurant Group, Inc. will post 0.14 EPS for the current year.

First Watch Restaurant Group, Inc operates a daytime-focused restaurant concept serving breakfast, brunch and lunch. Its restaurants offer made-to-order meals such as omelets, pancakes, French toast, sandwiches, salads and bowls, along with fresh juices, coffee and other beverages. The company generally does not serve dinner, positioning its restaurants around the daytime dining occasion.

First Watch restaurants emphasize fresh preparation and seasonal menu offerings, including items made with eggs, fruits, vegetables and other ingredients prepared in the restaurant.