FWRG

$12.61

Post-MarketAs of Mar 17, 8:00 PM UTC

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States.

Historical Price

Price (Line)
Synthesizing Whystock Narrative...
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Peer Comparison

AMZNTSLAHD

Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$12.61
Potential Downside
54.2%
Whystock Fair Value$5.78
Price
UndervaluedFair ValueOvervalued

Fundamentals

SectorConsumer Cyclical
IndustryRestaurants

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...

Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$770.95M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
40.68
Beta
Defensive asset. Lower volatility than the S&P 500.
0.92
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROIC
Average efficiency. Growth may require heavy reinvestment.
3.18%
Quick Ratio
Tight liquidity. Monitor cash flow carefully against debt.
0.17

Recent News

StockStory
Mar 17, 2026

Yum China, Shake Shack, Dutch Bros, First Watch, and The Cheesecake Factory Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after a significant drop in crude oil prices helped to ease inflation worries. Major indices saw strong gains, with the S&P 500 heading for its best session in weeks, rising over 1%.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Simply Wall St.
Mar 14, 2026

How The First Watch (FWRG) Narrative Is Shifting On Slower Sales And Long Term Growth Hopes

The narrative fair value estimate for First Watch Restaurant Group has been fine tuned, with the price target moving from US$19.91 to US$19.50 per share. That adjustment lines up with recent research, where many analysts are trimming targets while still highlighting long term growth drivers and ongoing questions about near term execution and same store sales. As you read on, you will see how this updated view fits into the broader analyst debate and how you can keep track of the evolving...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
StockStory
Mar 13, 2026

Dine Brands, Wingstop, Dutch Bros, First Watch, and Jack in the Box Stocks Trade Down, What You Need To Know

A number of stocks fell in the afternoon session after crude oil prices surged past $100 per barrel due to geopolitical conflict, sparking concerns over rising operational costs and a potential decline in consumer spending.

BEARISH
Negative press. News cycle fixated on risk factors or misses.
StockStory
Mar 10, 2026

Sit-Down Dining Stocks Q4 Highlights: First Watch (NASDAQ:FWRG)

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how First Watch (NASDAQ:FWRG) and the rest of the sit-down dining stocks fared in Q4.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Insider Monkey
Mar 10, 2026

First Watch Restaurant Group, Inc. (FWRG) PT Lowered by BofA on Softer Same-Restaurant Sales Outlook

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) is one of the most promising restaurant stocks to buy according to hedge funds. TheFly reported on February 25 that BofA Securities reduced its price target for FWRG from $24 to $20 while keeping a Neutral rating on the stock. Due to a weaker increase in same-restaurant sales, the […]

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.