FWRG Overview

First Watch Restaurant Group, Inc. is a holding company. The Company operates and franchises restaurants in approximately 32 states operating under the First Watch trade name, which are focused on made-to-order breakfast, brunch and lunch. It is engaged in serving made-to-order breakfast, brunch and lunch using the freshest ingredients. Its menu includes elevated executions of classic favorites for breakfast, brunch and lunch, such as our protein-packed Breakfast Quinoa Bowl, Chickichanga and Avocado Toast. It also offers fresh juices, including Morning Meditation and Kale Tonic. The Company operates restaurants through its wholly owned subsidiary, First Watch Restaurants, Inc., and is a franchisor through its wholly owned subsidiary, First Watch Franchise Development Co. Its subsidiaries include AI Fresh Parent, Inc., First Watch E&I Restaurant Group, LLC, First Watch Franchise Development Co., First Watch Restaurants Texas, LLC, and others.

Wall Street analysts forecast FWRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FWRG is21.75 USD with a low forecast of 17.00 USD and a high forecast of 24.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

First Watch Restaurant Group Inc revenue for the last quarter amounts to 330.96M USD, increased 17.26

First Watch Restaurant Group Inc. EPS for the last quarter amounts to -0.04 USD, increased 300.00

First Watch Restaurant Group Inc (FWRG) has 17500 emplpoyees as of July 08 2026.

Today FWRG has the market capitalization of 792.75M USD.