Western Standard LLC Purchases Shares of 513,240 First Watch Restaurant Group, Inc. $FWRG
Western Standard LLC has acquired a new stake of 513,240 shares in First Watch Restaurant Group, Inc. (NASDAQ: FWRG) during the second quarter, valued at approximately $6.62 million. This investment represents 2.2% of Western Standard LLC's holdings and makes First Watch its 15th largest holding. Other institutional investors have also increased their positions in the company, which has seen its stock rise by 4.0% and has an average analyst rating of "Moderate Buy."
Rice Hall James & Associates LLC Buys New Stake in First Watch Restaurant Group, Inc. $FWRG
Rice Hall James & Associates LLC has acquired a new stake of 138,372 shares, valued at approximately $1.78 million, in First Watch Restaurant Group (FWRG). This investment represents about 0.22% of the company, with institutional investors now collectively owning 96.11% of FWRG. Despite mixed financial results, including a revenue increase but an earnings per share miss, analysts maintain a "Moderate Buy" rating for the stock.
Oppenheimer Asset Management Inc. Makes New $1.34 Million Investment in First Watch Restaurant Group, Inc. $FWRG
Oppenheimer Asset Management Inc. recently acquired 104,278 shares of First Watch Restaurant Group, Inc. (NASDAQ:FWRG), valued at approximately $1.34 million, as per their latest 13F filing. Institutional investors collectively hold 96.11% of the company's stock, with several other major firms also adjusting their stakes. Despite missing the consensus earnings estimate by $0.01 per share with revenue up 15.2% year-over-year, analysts maintain a "Moderate Buy" consensus rating with an average price target of $18.56.
Manulife Financial (FWRG) reports over 6% beneficial stake in First Watch
Manulife Financial Corporation and its investment subsidiaries have reported a beneficial ownership exceeding 6% in First Watch Restaurant Group, Inc. Manulife Investment Management (US) LLC holds 3,810,295 shares (6.18%), and Manulife Investment Management Limited holds 13,687 shares (0.02%), based on 61,644,885 shares outstanding as of May 1, 2026. This disclosure was made via an amended Schedule 13G filing, indicating a passive investment.
First Watch stock maintained at Buy by DA Davidson on growth potential
DA Davidson has reiterated a Buy rating on First Watch Restaurant Group (NASDAQ:FWRG) with a $17.00 price target, citing potential for same-store sales growth and a sustainable earnings structure. The firm noted the stock's unusually low valuation at 8.4 times fiscal 2026 EBITDA, supported by a 0.11 PEG ratio and 19% revenue growth. Recent Q2 revenue exceeded expectations, showing a 15.2% increase year-over-year and a 3.4% rise in same-restaurant sales, leading to an upgraded full-year outlook.
Quantinno Capital Management LP Acquires 171,342 Shares of First Watch Restaurant Group, Inc. $FWRG
Quantinno Capital Management LP significantly increased its stake in First Watch Restaurant Group Inc. (NASDAQ:FWRG) by acquiring an additional 171,342 shares, bringing its total to 183,171 shares. This comes as First Watch reported mixed quarterly results, with revenue exceeding estimates but earnings per share falling short. Despite a slight dip in share price, analysts maintain a "Moderate Buy" rating for the company with an average price target of $18.56.
First Watch (FWRG) Q2 2026 Earnings Call Transcript
First Watch (FWRG) reported strong Q2 2026 results with a 15.2% increase in total revenue and 3.4% growth in same-restaurant sales, driven by new openings and marketing efforts. The company announced a strategic shift to self-fund all organic growth and maintenance capital expenditures starting in 2027, reducing its annual unit growth target to 50 company-operated restaurants to prioritize positive free cash flow and balance sheet strength. Updated guidance for 2026 reflects increased revenue and same-restaurant sales expectations, with a focus on brand awareness and culinary innovation.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Given Consensus Recommendation of "Moderate Buy" by Brokerages
First Watch Restaurant Group (NASDAQ:FWRG) has received a consensus "Moderate Buy" recommendation from eleven brokerages, with an average 12-month price target of $18.56. Despite exceeding revenue estimates, the company missed earnings per share expectations. Institutional investors hold a significant portion of the company's outstanding shares.
First Watch Restaurant Group (NASDAQ:FWRG) Upgraded by Wall Street Zen to Sell Rating
Wall Street Zen upgraded First Watch Restaurant Group (NASDAQ:FWRG) from "strong sell" to "sell," while the broader analyst consensus remains a "Moderate Buy" with an average price target of $18.56. The company's latest quarterly revenue increased by 15.2% year-over-year to $354.67 million, though EPS of $0.04 missed estimates by $0.01. Institutional investors hold 96.11% of FWRG, with several firms recently increasing their positions.
First Watch Restaurant Group, Inc. Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
First Watch Restaurant Group (NASDAQ:FWRG) recently reported quarterly results, missing EPS estimates by 18% despite revenues aligning with predictions. Following these results, analysts have significantly reduced their EPS forecasts for 2026, though revenue expectations remain stable. The consensus price target for FWRG stock, however, has not changed, suggesting analysts believe the lower earnings will not impact the stock's intrinsic value.
First Watch Restaurant Group Inc (FWRG) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of First Watch Restaurant Group Inc (FWRG), detailing its current price momentum score, support and resistance levels, and indicator readings. It also includes an analysis of various technical indicators like MACD, RSI, and moving averages (MA5-MA200), offering insights into buy, sell, or neutral signals. The stock's current momentum score is 3.46, placing it 73rd out of 118 in its industry, with its price trading between a resistance level of $13.45 and a support level of $11.61.
Sei Investments Co. Has $4.87 Million Stake in First Watch Restaurant Group, Inc. $FWRG
Sei Investments Co. significantly increased its stake in First Watch Restaurant Group (NASDAQ:FWRG) by 94.7% in the first quarter, now holding 464,782 shares valued at approximately $4.87 million. Despite reporting strong revenue growth of 15.2% to $354.7 million in Q2, the company's EPS of $0.04 missed analyst estimates of $0.05, with a net income of $2.3 million. Analysts maintain a "Moderate Buy" rating for FWRG, with an average price target of $18.67 against its current share price of $12.92.
Analysts Offer Insights on Consumer Cyclical Companies: Super Group (SGHC) (SGHC), Aptiv (APTV) and First Watch Restaurant Group (FWRG)
Three analysts have provided bullish sentiments on Super Group (SGHC), Aptiv (APTV), and First Watch Restaurant Group (FWRG) in the Consumer Cyclical sector. Needham maintained a Buy rating on Super Group with a $17.00 price target, RBC Capital reiterated a Buy rating on Aptiv with a $78.00 price target, and Benchmark Co. maintained a Buy rating on First Watch Restaurant Group with a $22.00 price target. All three companies received an analyst consensus of Strong Buy with significant upside potential.
First Trust Advisors LP Grows Stake in First Watch Restaurant Group, Inc. $FWRG
First Trust Advisors LP significantly increased its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 61.2% in the first quarter, now owning 346,201 shares valued at approximately $3.6 million. The company reported a 15.2% year-over-year revenue increase to $354.7 million, exceeding estimates, though EPS of $0.04 missed consensus. Analysts maintain a "Moderate Buy" rating with an average price target of $18.67, and management plans to open about 50 new restaurants annually starting in 2027.
First Watch Restaurant Group, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:FWRG) 2026-08-04
First Watch Restaurant Group, Inc. (FWRG) published its Q2 2026 earnings call presentation on August 4, 2026. The company reported an EPS of $0.05, missing estimates by $0.01, while revenue reached $354.67M, beating expectations by $3.10M and representing a 15.20% year-over-year increase. This presentation provides details discussed during their earnings call.
Earnings call transcript: First Watch tops revenue forecast in Q2 2026, shares rise
First Watch Restaurant Group (FWRG) exceeded its second-quarter 2026 revenue forecast, reporting $354.7 million against an expectation of $352.11 million, driven by strong same-restaurant sales and improved traffic. Shares rose over 7% in premarket trading following the positive results and a raised full-year outlook. The company plans to moderate its restaurant openings to 50 annually starting in 2027 to achieve positive free cash flow and will provide further strategic details at an upcoming Investor Day.
Full Transcript: First Watch Restaurant Gr Q2 2026 Earnings Call
First Watch Restaurant Group reported a 15.2% increase in total revenue for Q2 2026, driven by a 3.4% rise in same-restaurant sales and strong new restaurant openings. The company saw improved same-restaurant traffic, attributed to successful marketing strategies that increased brand awareness and customer engagement. First Watch opened 18 new restaurants and adjusted its 2026 guidance, expecting continued positive same-restaurant sales growth and aiming for 50 new company-operated restaurants annually starting in 2027 to achieve positive free cash flow.
First Watch Restaurant Group (Nasdaq: FWRG) grows Q2 sales, same-restaurant up 3.4%
First Watch Restaurant Group (FWRG) reported a 15.2% increase in total revenues to $354.7 million for Q2 2026, driven by new restaurant openings and a 3.4% rise in same-restaurant sales. Net income grew to $2.3 million, or $0.04 per diluted share, with Adjusted EBITDA reaching $34.5 million. The company expects annual same-restaurant sales growth between 1.5% and 3.0%, along with moderate commodity inflation and wage inflation for the full year.
Earnings Flash (FWRG) First Watch Restaurant Posts Fiscal Q2 EPS $0.04, vs. FactSet Est of $0.05
First Watch Restaurant Group (FWRG) announced its Fiscal Q2 Earnings Per Share (EPS) of $0.04, falling short of the FactSet estimate of $0.05. The company also reported Q2 revenue of $354.7M, which exceeded the FactSet estimate of $351.6M. These financial results were for the second quarter and six months ended June 28, 2026.
First Watch Restaurant Group, Inc. 2Q 2026: Revenue $354.67M, EPS $0.04— 10-Q Summary
First Watch Restaurant Group, Inc. reported strong second-quarter 2026 results, with revenue increasing 15.2% year-over-year to $354.67M and diluted EPS reaching $0.04. The growth was driven by new restaurant openings, higher average checks, and increased off-premise demand, including a 20% rise in third-party delivery sales. The company expanded its network to 665 restaurants and improved its restaurant-level operating profit margin to 18.8%.
First Watch Opens 18 Restaurants Across 15 States in Q2
First Watch Restaurant Group (NASDAQ:FWRG) reported strong Q2 2026 financial results, with total revenues increasing 15.2% year-over-year to $354.7 million and Adjusted EBITDA rising to $34.5 million. The company opened 18 new system-wide restaurants across 15 states, ending the quarter with 665 locations. Despite a slight decrease in same-restaurant traffic, same-restaurant sales grew by 3.4%, and First Watch updated its fiscal year 2026 guidance with optimistic projections for revenue and new restaurant growth.
First Watch Restaurant Group, Inc. (FWRG) Lags Q2 Earnings Estimates
First Watch Restaurant Group (FWRG) reported Q2 earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. Despite the earnings miss, the company's revenues of $354.67 million surpassed the consensus estimate by 1.04%. FWRG shares have declined 17.1% year-to-date, while its Zacks Rank #3 (Hold) suggests it will perform in line with the market.
First Watch Restaurant Group Inc (FWRG) Financial Health: Profitability & Balance Sheet Analysis
First Watch Restaurant Group Inc (FWRG) has a stable financial status with average operating efficiency, ranking 102 out of 119 in the Hotels & Entertainment Services industry. The company reported a 17.26% year-over-year increase in revenue to $330.96 million and a significant 223.88% year-over-year increase in net profit in its latest quarter. Its financial score is currently 6.16, a slight decrease from the previous score of 6.44.
Liquidity Mapping Around (FWRG) Price Events
This article analyzes First Watch Restaurant Group Inc. (NASDAQ: FWRG) based on AI-generated signals. It indicates a potential shift from positive near-term sentiment, with no clear price positioning signal but compelling upside potential as no resistance levels remain above the current price. The analysis provides three distinct institutional trading strategies (Position Trading, Momentum Breakout, and Risk Hedging) tailored to different risk profiles.
First Watch Restaurant Group Inc (FWRG) Institutional Confidence
First Watch Restaurant Group Inc (FWRG) has an institutional shareholding score of 10.00, placing it first in its industry. Institutional ownership has increased by 15.67% quarter-over-quarter, with Wasatch Global Investors being the largest shareholder. Fidelity Management & Research Company LLC significantly increased its holdings by 112.47%.
First Watch Restaurant Group, Inc. Revenue Breakdown – NASDAQ:FWRG
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) reported total revenue of $1.22 billion USD last year. The primary contributor to this revenue was the "Restaurant - In-restaurant Dining" segment, which generated $982.35 million USD. Geographically, the United States accounted for the entire $1.22 billion USD in revenue for the company.
First Watch Restaurant Group, Inc. (FWRG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
First Watch Restaurant Group, Inc. (FWRG) is expected to report a year-over-year increase in earnings and higher revenues for the quarter ended June 2026, with an EPS of $0.06 and revenues of $351.03 million. However, the Zacks Earnings ESP of -21.05% combined with a Zacks Rank #3 makes it difficult to predict an earnings beat. Investors are advised to consider other factors beyond just the earnings report for this stock, while BJ's Restaurants (BJRI) appears more likely to beat estimates.
FWRG|First Watch Restaurant Group Inc|Price:12.885|Chg%:+0.765
TradingKey provides a comprehensive stock analysis of First Watch Restaurant Group Inc (FWRG), noting its healthy fundamentals, high growth potential, and fair valuation despite an average stock market performance over the last month. The company, a daytime dining concept, shows strong institutional ownership and a "Strong Buy" rating from multiple analysts with a target price of 19.455. The stock is currently trading sideways, making it suitable for range-bound swing trading.
First Watch Restaurant Group Inc|Price:12.120|Chg%:+0.160
This article provides a company overview of First Watch Restaurant Group Inc (FWRG), a daytime dining concept serving breakfast, brunch, and lunch. It details the company's operations, menu, marketing strategies, and key financial information. The article also lists company executives with their shareholdings and provides institutional ownership data.
First Watch Restaurant Group Inc (FWRG) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of First Watch Restaurant Group Inc (FWRG), listing its major institutional holders and their respective proportions. It also categorizes shareholders by type, such as investment advisors and hedge funds, and provides historical data on institutional shareholdings and recent activity by top holders. Additionally, it lists ETFs that include FWRG in their portfolios.
FWRG|First Watch Restaurant Group Inc|Price:12.115|Chg%:+0.155
First Watch Restaurant Group Inc (FWRG) shows healthy fundamentals and high growth potential, though its valuation is considered fairly valued in the Hotels & Entertainment Services industry. Analysts rate the stock as a "Strong Buy" with a target price suggesting significant upside, despite institutional selling and sideways stock price movement in the short term. The company's strengths include consistent revenue growth and its focus on daytime dining across 29 states.
First Watch (FWRG) sees Millennium entities disclose 3.6% ownership stake
Millennium entities, including Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, have disclosed a 3.6% ownership stake in First Watch Restaurant Group, Inc. (FWRG). This disclosure was made via an amended Schedule 13G/A filing, indicating shared voting and dispositive power over 2,192,811 shares by each of these entities. Integrated Core Strategies (US) LLC also reported a 3.4% stake, and none of the reporting persons individually hold more than 5% of the class.
First Watch Restaurant Group, Inc. to Report Second Quarter 2026 Financial Results on August 4, 2026
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) announced it will release its second quarter 2026 financial results on Tuesday, August 4, 2026, before the market opens. A conference call and webcast hosted by CEO Chris Tomasso and CFO Ashlee Weisser will follow at 8:00 AM ET on the same day. Interested parties can access the call via dial-in, pre-registration link, or webcast through the company's investor relations website.
First Watch sets 8 a.m. ET webcast for August 4 results
First Watch Restaurant Group (NASDAQ: FWRG) announced it will release its second quarter 2026 financial results on Tuesday, August 4, 2026, before the market opens. A conference call and simultaneous webcast, hosted by CEO Chris Tomasso and CFO Ashlee Weisser, will follow at 8:00 AM ET. Interested parties can access the call via phone, online pre-registration, or the investor website, with the webcast archived shortly after the event.
First Watch Restaurant Group, Inc. to Report Second Quarter 2026 Financial Results on August 4, 2026
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) announced it will release its second quarter 2026 financial results on Tuesday, August 4, 2026, before the market opens. A conference call and webcast will follow at 8:00 AM ET, featuring CEO Chris Tomasso and CFO Ashlee Weisser, discussing the company's performance as a leading Daytime Dining concept.
Why (FWRG) Price Action Is Critical for Tactical Trading
This article analyzes First Watch Restaurant Group Inc. (NASDAQ: FWRG), highlighting a near-term weak sentiment which may lead to a resumption of long-term weakness. It identifies a mid-channel oscillation pattern and an exceptional 48.8:1 risk-reward short setup. The analysis provides specific institutional trading strategies including position, momentum breakout, and risk hedging, along with multi-timeframe signal analysis.
First Watch Restaurant Group (NASDAQ:FWRG) Lowered to Strong Sell Rating by Wall Street Zen
Wall Street Zen has downgraded First Watch Restaurant Group (FWRG) from "sell" to "strong sell," despite the broader analyst consensus remaining a "Moderate Buy." The company's stock trades below its average price target, and its recent earnings report showed strong revenue growth but missed EPS estimates. Institutional investors have notably adjusted their stakes in the company.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives Average Recommendation of "Moderate Buy" from Analysts
First Watch Restaurant Group (NASDAQ: FWRG) has received an average "Moderate Buy" rating from analysts, with a consensus one-year price target of $19.00. While revenue grew significantly to $330.96 million, the company reported an EPS miss of -$0.04. Institutional investors hold a substantial 96.11% of the shares, showing strong confidence despite mixed recent analyst updates.
Dimensional Fund Advisors holds 2,596,946 First Watch (NASDAQ: FWRG) shares
Dimensional Fund Advisors LP has reported beneficial ownership of 2,596,946 common shares of First Watch Restaurant Group (NASDAQ: FWRG), which constitutes 4.2% of the class. This filing indicates Dimensional holds sole voting power over 2,548,617 shares and sole dispositive power over all 2,596,946 shares, with the securities owned by underlying funds it advises. The advisory firm disclaims beneficial ownership beyond what is required for Section 13(d) reporting, and no single underlying fund's interest exceeds 5%.
Price to book forward of First Watch Restaurant Group, Inc. – NASDAQ:FWRG
This article provides the "Price to book forward" value for First Watch Restaurant Group, Inc. (NASDAQ: FWRG). It briefly mentions the stock is listed on the Nasdaq Stock Market and that the market was closed at the time of publication without any trades. The content is primarily a data point for investors interested in financial metrics for the restaurant sector.
Why First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Could Be Worth Watching
First Watch Restaurant Group (NASDAQ:FWRG) has seen a significant share price increase of 23% recently, though it is currently considered expensive based on its price-to-earnings ratio compared to the industry average. Despite its overvaluation relative to peers, analysts expect strong future earnings growth of 28% for the company. Investors are advised that its optimistic future growth seems to be priced in, suggesting it might not be the best time for new investors to enter, but long-term holders should monitor its fundamentals.
First Watch Restaurant Group stock and business outlook
First Watch Restaurant Group operates a daytime-only restaurant concept in the US, specializing in breakfast, brunch, and lunch. The company focuses on unit economics and brand differentiation within the competitive casual dining sector, utilizing both company-operated and franchised locations for growth. Investors track metrics like same-restaurant sales and cost management to assess its sustainable value creation.
Price to earnings forward of First Watch Restaurant Group, Inc. – NASDAQ:FWRG
The article displays the "Price to earnings forward" value for First Watch Restaurant Group, Inc. (NASDAQ: FWRG) on TradingView. It indicates that the market is closed and no trades have occurred for this particular financial metric. The core content focuses solely on this specific financial data point for the company.
Why (FWRG) Price Action Is Critical for Tactical Trading
This article analyzes First Watch Restaurant Group Inc. (FWRG) focusing on its price action as critical for tactical trading. It highlights a strong near and mid-term sentiment that could shift a weak long-term outlook, identifies a mid-channel oscillation pattern, and outlines specific risk-reward short setups. The article also provides three distinct institutional trading strategies based on AI models: Position Trading, Momentum Breakout, and Risk Hedging, along with a multi-timeframe signal analysis.
Enterprise value to EBITDA forward of First Watch Restaurant Group, Inc. – NASDAQ:FWRG
This article displays the enterprise value to EBITDA forward for First Watch Restaurant Group, Inc. (NASDAQ:FWRG). It is a financial data point presented on the TradingView platform, showing the value for the company and indicating that the market is currently closed with no trades.
Enterprise value to revenue forward of First Watch Restaurant Group, Inc. – NASDAQ:FWRG
This article provides the enterprise value to revenue forward for First Watch Restaurant Group, Inc. (NASDAQ:FWRG). It briefly touches upon the company's financial data on TradingView, indicating that the market was closed with no trades showing for the specified period. The content is primarily a data placeholder, rather than an analytical piece.
FWRG - First Watch Restaurant Group Inc Dividends
This article provides detailed financial information for First Watch Restaurant Group Inc (FWRG), including its dividend statistics, key financial ratios, performance metrics, and insider/institutional ownership. It highlights the company's valuation, growth rates, and stock performance, noting its current price, market capitalization, and various financial indicators.
First Watch Restaurant Group, Inc.(NasdaqGS:FWRG) added to Russell 3000 Value Benchmark
First Watch Restaurant Group, Inc. (FWRG) has been added to the Russell 3000 Value Benchmark. This news follows several other index-related changes for the company around the same date, including being dropped from various Russell Growth benchmarks and added to other Russell Value benchmarks. First Watch operates and franchises restaurants focusing on made-to-order breakfast, brunch, and lunch.
Freedom Capital initiates First Watch stock with buy rating
Freedom Capital has initiated coverage on First Watch Restaurant Group Inc. (NASDAQ:FWRG) with a Buy rating and a price target of $17.00, suggesting a potential upside of 31%. The firm highlighted First Watch as a "high quality growth name" and "the emerging leader in the better breakfast category" with attractive valuation following a recent pullback. However, InvestingPro's Fair Value analysis indicates the stock might be overvalued, and recent Q1 2026 results showed a net loss per share despite exceeding revenue forecasts.
First Watch Restaurant Group, Inc.(NasdaqGS:FWRG) dropped from Russell 2500 Growth Benchmark
First Watch Restaurant Group, Inc. (NasdaqGS:FWRG) has been removed from the Russell 2500 Growth Benchmark and other growth indices, while simultaneously being added to the Russell 2000 Value Benchmark and Russell 2500 Value Benchmark. The company, which operates and franchises breakfast, brunch, and lunch restaurants, recently announced Ashlee Weisser as its new Chief Financial Officer and reported its Q1 2026 earnings. Analysts currently have an average target price of $19.45 for FWRG, indicating a potential upside of 50% from its last close price.
