FWRG logo

First Watch Restaurant Group, Inc. Stock Price

NasdaqGS:FWRG Community·US$806.3m Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 5 Fair Values set on narratives written by author

FWRG Share Price Performance

US$13.09
-4.57 (-25.88%)
US$19.45
Fair Value
US$13.09
-4.57 (-25.88%)
32.7% undervalued intrinsic discount
US$19.45
Fair Value
Price US$13.09
AnalystConsensusTarget US$19.45
AnalystHighTarget US$26.00
AnalystLowTarget US$17.00

FWRG Community Narratives

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Fair Value US$19.45 32.7% undervalued intrinsic discount

Expanding Units In The Sun Belt Will Secure Future Success

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·
Fair Value US$26 49.7% undervalued intrinsic discount

Expanding Daytime Dining Footprint Will Unlock Long Runway For Breakfast And Brunch

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·
Fair Value US$17 23.0% undervalued intrinsic discount

Traffic Pressures And Menu Changes Will Test Expansion Plans Yet Support Long Term Potential

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US$17
23.0% undervalued intrinsic discount
Revenue
12.03% p.a.
Profit Margin
1.27%
Future PE
65.64x
Price in 2029
US$23.51
US$26
49.7% undervalued intrinsic discount
Revenue
14.14% p.a.
Profit Margin
0.97%
Future PE
123.58x
Price in 2029
US$35.51

Trending Discussion

Updated Narratives

FWRG logo

FWRG: Index Shift And New CFO Will Support Long-Term Outlook

Fair Value: US$17 23.0% undervalued intrinsic discount
0 users have set this as their fair value
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FWRG logo

FWRG: Geographic Expansion And New Leadership Will Support Long Term Upside

Fair Value: US$19.45 32.7% undervalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
FWRG logo

Expanding Daytime Dining Footprint Will Unlock Long Runway For Breakfast And Brunch

Fair Value: US$26 49.7% undervalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Proven track record with mediocre balance sheet.

1 Risk
3 Rewards

First Watch Restaurant Group, Inc. Key Details

US$1.3b

Revenue

US$1.0b

Cost of Revenue

US$262.7m

Gross Profit

US$245.1m

Other Expenses

US$17.6m

Earnings

Last Reported Earnings
Mar 29, 2026
Next Reporting Earnings
n/a
0.29
20.66%
1.38%
42.2%
View Full Analysis

About FWRG

Founded
1983
Employees
17500
CEO
Christopher Tomasso
WebsiteView website
www.firstwatch.com

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.

Recent FWRG News & Updates

Narrative Update Jul 01

FWRG: Index Shift And New CFO Will Support Long-Term Outlook

Analysts have raised the fair value estimate for First Watch Restaurant Group to $17.00 from $15.00, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and future P/E in light of recent price target revisions across the Street. Analyst Commentary Recent research on First Watch Restaurant Group shows a cluster of modest price target trims, with several bearish analysts reducing their expectations by US$1 to US$2.

Recent updates

No updates