First Watch Restaurant Group, Inc. (FWRG) Earnings Expected to Grow: Should You Buy?
First Watch Restaurant Group (FWRG) is expected to report a significant year-over-year increase in earnings and revenue for the quarter ended December 2025. Despite this, the Zacks Earnings ESP suggests a potential slight miss on EPS due to recent bearish analyst revisions, although the stock holds a Zacks Rank #3. The article analyzes FWRG's earnings surprise history and compares it to Domino's Pizza (DPZ), which shows a higher likelihood of beating estimates.
1 of Wall Street's Favorite Stock for Long-Term Investors and 2 We Question
This article analyzes three stocks from Wall Street's perspective, highlighting one recommended for long-term investors and two that raise concerns. Intuitive Surgical (ISRG) is favored due to strong revenue growth and market share, while First Watch (FWRG) and Tandem Diabetes (TNDM) are questioned due to poor sales performance, cash burn, and declining profitability, respectively. The author emphasizes skepticism towards overly optimistic analyst forecasts and provides independent evaluations.
Precision Trading with First Watch Restaurant Group Inc. (FWRG) Risk Zones
First Watch Restaurant Group Inc. (FWRG) is showing weak near-term sentiment, potentially signaling a resumption of long-term weakness after a neutral shift. The analysis highlights an exceptional 38.6:1 risk-reward short setup, targeting 11.9% downside with only 0.3% risk. Different trading strategies, including Position, Momentum Breakout, and Risk Hedging, are provided based on AI-generated signals and multi-timeframe analysis.
First Watch Restaurant Group, Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on February 24, 2026
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) announced it will release its fourth quarter and fiscal year 2025 financial results on Tuesday, February 24, 2026, before market open. A conference call and webcast will follow at 8:00 AM ET, hosted by CEO Chris Tomasso and CFO Mel Hope. Interested parties can access the call via dial-in or webcast.
Breakfast chain First Watch sets Feb. 24 call on 2025 results
First Watch Restaurant Group (NASDAQ: FWRG) will release its fourth quarter and fiscal year 2025 financial results on February 24, 2026, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by CEO Chris Tomasso and CFO Mel Hope. Investors can access the call via dial-in, pre-registration link, or webcast, which will be archived shortly after the event.
Technical Reactions to FWRG Trends in Macro Strategies
This article provides a technical analysis of First Watch Restaurant Group Inc. (NASDAQ: FWRG), highlighting stable neutral readings in shorter horizons which could indicate an easing of a long-term weak bias. It outlines institutional trading strategies based on AI models for different risk profiles, including position trading, momentum breakout, and risk hedging. The analysis also details support and resistance levels across near-term, mid-term, and long-term horizons, and notes an exceptional risk-reward short setup.
Do Options Traders Know Something About FWRG Stock We Don't?
Investors in First Watch Restaurant Group, Inc. (FWRG) should note the high implied volatility of their May 15, 2026 $10 Call options, suggesting expectations of a significant stock price movement. Despite this, analysts currently rate FWRG as a Zacks Rank #3 (Hold) with recent downward revisions in earnings estimates, indicating a potential disconnect or a developing trading opportunity for options traders to sell premium.
Do Options Traders Know Something About FWRG Stock We Don't?
Options traders are showing significant interest in First Watch Restaurant Group (FWRG), with high implied volatility for the May 15, 2026 $10 Call option, suggesting expectations of a major price movement. Despite this, analysts have recently lowered earnings estimates for the company, which is currently a Zacks Rank #3 (Hold) in a low-ranking industry. This divergence could indicate a potential trading opportunity for those who sell options premiums, betting the stock won't move as drastically as implied volatility suggests.
Insider Selling: First Watch Restaurant Group (NASDAQ:FWRG) Director Sells 6,165 Shares of Stock
First Watch Restaurant Group (NASDAQ:FWRG) Director William Kussell sold 6,165 shares of the company's stock on January 22nd at an average price of $17.00, totaling $104,805. This sale reduced his position by 18.93%. The stock is currently trading at $16.16, and analysts maintain a "Moderate Buy" rating with an average price target of $20.91, despite the company missing its last quarterly EPS estimates.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Eleven brokerages have given First Watch Restaurant Group, Inc. (NASDAQ:FWRG) a consensus "Moderate Buy" rating, with an average 12-month target price of $20.91. The company has significant institutional ownership (96.11%) and recently reported an EPS miss of $0.05 against an $0.08 consensus, though revenue of $316.0 million beat estimates. FWRG, which specializes in daytime dining, currently trades around $16.96 with a market capitalization of $1.04 billion.
Analysts Conflicted on These Consumer Cyclical Names: First Watch Restaurant Group (FWRG) and Deckers Outdoor (DECK)
Analysts are divided on two consumer cyclical companies: First Watch Restaurant Group (FWRG) and Deckers Outdoor (DECK). Stifel Nicolaus maintained a Hold rating for FWRG, while Bernstein issued a Sell rating for DECK. The consensus for FWRG is a "Strong Buy" with significant upside, whereas DECK has a "Moderate Buy" consensus despite the recent downgrade.
Stephens Investment Management Group LLC Raises Stock Position in First Watch Restaurant Group, Inc. $FWRG
Stephens Investment Management Group LLC increased its stake in First Watch Restaurant Group, Inc. (FWRG) by 21.2% in the third quarter, now owning 932,064 shares valued at approximately $14.6 million. Despite institutional ownership reaching 96.11%, analyst sentiment is mixed, with a "Moderate Buy" consensus but recent downgrades and target price reductions. The company's stock performance shows a P/E ratio of 208.78 and a recent revenue beat, though EPS missed expectations.
Assessing First Watch Restaurant Group (FWRG) Valuation After Record Expansion And Traffic Growth
First Watch Restaurant Group (FWRG) reported strong preliminary 2025 results, including significant expansion and traffic growth, leading to a mixed stock performance with short-term gains but longer-term declines. While one narrative suggests the stock is undervalued at a $22 fair value, based on growth assumptions and margin improvement, another analysis using a DCF model claims it is overvalued with a fair value of only $4.12, indicating differing views on its future prospects. The article encourages investors to conduct their own analysis and consider various financial models.
First Watch reports 3.6% sales growth, positive traffic for 2025 By Investing.com
First Watch Restaurant Group (NASDAQ:FWRG) reported a 3.6% increase in same-restaurant sales and 0.5% positive traffic growth for the fiscal year ended December 28, 2025, with revenue growth of 17.27% over the last twelve months. The company opened 64 new system-wide restaurants in 2025 and its 2024 and 2025 new restaurant classes are outperforming expectations. Despite strong full-year results, the fourth quarter saw a 3.1% sales increase but a 1.9% decline in traffic, leading analysts like Raymond James and Benchmark to adjust sales growth forecasts while maintaining positive ratings.
Why First Watch (FWRG) Stock Is Trading Up Today
First Watch Restaurant Group (NASDAQ:FWRG) saw its stock jump 3.5% after announcing strong preliminary operational results for its 2025 fiscal year. The company reported record restaurant openings with 64 new locations and positive sales growth of 3.6% for restaurants open at least a year. Despite a slight traffic decline in Q4, the CEO expressed confidence in the company's long-term strategy, aiming for about 10% annual restaurant count growth.
First Watch gains after saying at ICR that its restaurant pipeline is strong (FWRG:NASDAQ)
First Watch Restaurant Group (FWRG) saw its stock rally after presenting a strong business update at the ICR Conference. The company reported a 3.1% increase in Q4 same-restaurant sales and a 3.6% rise for the full year, indicating robust growth despite a slight dip in Q4 same-restaurant growth. The positive report underscores a strong restaurant pipeline for First Watch.
First Watch Restaurant Group reports +3.6% same restaurant sales growth in 2025
First Watch Restaurant Group announced a 3.6% increase in same restaurant sales growth for 2025. The company specializes in daytime dining, offering breakfast, brunch, and lunch made with fresh ingredients. First Watch currently operates approximately 520 restaurants across 29 states.
This breakfast chain quietly added 64 new restaurants across 23 states
First Watch Restaurant Group (NASDAQ: FWRG) announced preliminary operational metrics for fiscal year 2025, highlighting the opening of a record 64 new system-wide restaurants across 23 states. The company achieved 3.6% same-restaurant sales growth for the year with positive traffic, even though Q4 experienced a slight traffic decline. First Watch ended 2025 with 633 restaurants across 32 states, demonstrating continued expansion and strong performance from its newer restaurant classes.
First Watch Brings a Fresh Take on Breakfast to the Heart of Back Bay
First Watch has opened its newest location at 777 Boylston St. in Boston's Back Bay, marking its continued expansion in New England. The restaurant offers a chef-driven breakfast, brunch, and lunch menu, featuring fresh ingredients, a local mural, and socially responsible Project Sunrise coffee. This opening follows a successful introduction in Hanover and aims to become a neighborhood favorite in the iconic Boylston Street area.
FWRG - First Watch Restaurant Group, Inc. Latest Stock News & Market Updates
This page provides the latest news and market updates for First Watch Restaurant Group (FWRG), focusing on corporate developments, financial performance, and operational milestones. Recent updates include the opening of a new restaurant in Boston, participation in investor conferences, a new board appointment, and Q3 2025 financial results. The company, known for its daytime dining concept, also announced its recognition as a "Most Loved Workplace" for the second consecutive year.
New Back Bay brunch spot pours free coffee to celebrate its opening
First Watch (NYSE:FWRG) has opened a new 3,100-square-foot restaurant in Back Bay, Boston, at 777 Boylston St., featuring seating for 130 guests, an outdoor patio, and a full interior bar. To celebrate, dine-in guests received free Project Sunrise coffee from January 7-9, 2026, and the opening included a "first pour" ceremony and community fundraising for The Jimmy Fund. This expansion reinforces First Watch's growth, with over 620 locations in 32 states, and serves made-to-order breakfast, brunch, and lunch daily.
First Watch Brings a Fresh Take on Breakfast to the Heart of Back Bay
First Watch has opened its newest Boston location in the heart of Back Bay, expanding its Massachusetts presence. The 3,100 square foot restaurant on Boylston Street features seating for 130 guests, an outdoor patio, a full interior bar, and Boston-inspired art. Known for its chef-driven breakfast, brunch, and lunch menu, First Watch emphasizes fresh ingredients, made-to-order dishes, and socially responsible Project Sunrise coffee.
First Watch Restaurant Group, Inc. to Participate in the 28th Annual ICR Conference
First Watch Restaurant Group, Inc. (Nasdaq: FWRG) announced that CEO Chris Tomasso and CFO Mel Hope will host a fireside chat at the 28th Annual ICR Conference on January 12, 2026, at 11:00 a.m. Eastern Time. The event will be webcast on the company’s investor relations website. Management will also hold meetings with institutional investors on the same day.
First Watch Restaurant Group, Inc. to Participate in the 28th Annual ICR Conference
First Watch Restaurant Group, Inc. (Nasdaq: FWRG) announced that its CEO and President, Chris Tomasso, and CFO, Mel Hope, will host a fireside chat at the 28th Annual ICR Conference on January 12, 2026, at 11:00 a.m. Eastern Time. The session will be available online and management will also hold meetings with institutional investors. First Watch is a leading Daytime Dining concept, recognized for its fresh ingredients and community contributions.
First Watch Restaurant Group, Inc. to Participate in the 28th Annual ICR Conference
First Watch Restaurant Group, Inc. announced that CEO Chris Tomasso and CFO Mel Hope will host a fireside chat at the 28th Annual ICR Conference on January 12, 2026. This leading Daytime Dining concept, known for its fresh ingredients and community involvement, will also hold meetings with institutional investors at the conference. The event will be available for viewing on the company's investor relations website.
First Watch Restaurant Group Appoints Rachel Tipograph to Board of Directors
First Watch Restaurant Group, Inc. has announced the appointment of Rachel Tipograph to its Board of Directors. Tipograph brings extensive experience in digital transformation, customer acquisition, and next-generation insights, having founded MikMak and previously served as Global Head of Digital and Social Media at Gap, Inc. Her expertise is expected to help First Watch scale its brand in innovative ways.
Price-Driven Insight from (FWRG) for Rule-Based Strategy
This article provides a price-driven insight for First Watch Restaurant Group Inc. (NASDAQ: FWRG), indicating weak sentiment across all horizons and supporting a short bias. It details an exceptional risk-reward setup targeting a 15.0% gain versus 0.3% risk, along with three distinct institutional trading strategies. The analysis includes position trading, momentum breakout, and risk hedging strategies, all incorporating sophisticated risk management.
First Watch Restaurant Group Announces Board Changes
First Watch Restaurant Group (FWRG) announced changes to its Board of Directors following Advent International, L.P.'s exit from the company. Tricia Glynn and David Paresky resigned effective December 23, 2025, and Rachel Tipograph was appointed as a Class II director effective December 29, 2025. These changes reflect shifts in the company's governance structure.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Given Consensus Rating of "Moderate Buy" by Analysts
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) has received a "Moderate Buy" consensus rating from analysts, with an average 1-year price target of $21.09. Despite missing recent EPS estimates, the company's revenue surpassed expectations, though profitability remains thin. Institutional investors hold approximately 96% of the stock.
First Watch Adds Tech-Focused Director After Advent Exit
First Watch Restaurant Group (FWRG) announced the resignations of directors Tricia Glynn and David Paresky following Advent International's exit, simultaneously appointing technology entrepreneur Rachel Tipograph as a Class II director. This move aims to enhance First Watch's digital transformation and customer acquisition strategies. The company's stock currently holds a "Buy" rating with a $23.00 price target from analysts, though Spark, TipRanks' AI Analyst, rates it as "Neutral" due to profitability challenges and overvaluation despite strong revenue growth.
First Watch Restaurant Group announces appointment of Rachel Tipograph to board of directors
First Watch Restaurant Group has announced the appointment of Rachel Tipograph to its board of directors. The announcement was made on December 29, 2025, per Reuters. Further details regarding her role and contributions were not immediately disclosed in this snippet.
First Watch appoints Rachel Tipograph to board of directors By Investing.com
First Watch Restaurant Group, Inc. has appointed Rachel Tipograph, founder and CEO of MikMak, to its Board of Directors to leverage her expertise in digital transformation and customer acquisition. Despite facing financial challenges like significant debt and a high P/E ratio, the company is optimistic, with analysts projecting a 38% potential upside. This announcement follows recent mixed Q3 2025 earnings and a secondary stock offering by Advent International.
First Watch Restaurant Group, Inc. Announces Appointment of Rachel Tipograph to Board of Directors
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) has announced the appointment of Rachel Tipograph to its Board of Directors. Tipograph brings extensive experience in digital transformation and customer acquisition, having founded MikMak and served as Global Head of Digital and Social Media at Gap, Inc. Her appointment is expected to bolster First Watch's efforts to scale its brand through innovative strategies.
Digital commerce founder joins breakfast and brunch chain’s board
First Watch Restaurant Group (NASDAQ: FWRG) announced the appointment of Rachel Tipograph, an entrepreneur and technology executive with expertise in digital transformation and commerce analytics, to its Board of Directors on December 29, 2025. Tipograph's extensive experience, including founding MikMak and leading digital strategy at Gap, is expected to support First Watch's scaling efforts and digital strategy. The market reacted moderately negatively to the news, with FWRG declining 2.46% on the day of the announcement.
How Reliance on Lower Egg Costs Will Impact First Watch Restaurant Group (FWRG) Investors
First Watch Restaurant Group (FWRG) recently experienced a "beat-and-raise" quarter, largely attributed to temporary lower egg prices rather than sustained operational improvements. This reliance on commodity tailwinds, combined with weakening unit economics, slowing same-store sales, and franchisee exits, raises concerns about the longevity of its growth model. Investors should consider how these factors reshape the investment narrative beyond short-term gains from favorable input costs.
First Watch Restaurant Group, Inc. $FWRG Shares Sold by Riverbridge Partners LLC
Riverbridge Partners LLC sold a portion of its stake in First Watch Restaurant Group, Inc. (FWRG) during Q3, reducing its holdings by 7.1% to 1,188,534 shares. Despite First Watch missing EPS expectations but beating revenue forecasts, the company exhibits thin profitability with a net margin of 0.42% and ROE of 0.83%. Analysts currently rate FWRG as a "Moderate Buy" with an average target price of $21.09, though the stock trades with a high P/E ratio of 202.79.
How (FWRG) Movements Inform Risk Allocation Models
This article analyzes First Watch Restaurant Group Inc. (NASDAQ: FWRG) using AI models to provide trading strategies and risk allocation insights. It identifies a near-term neutral sentiment suggesting a pause in mid and long-term weakness, with resistance currently being tested. The analysis offers specific entry, target, and stop-loss points for position trading, momentum breakout, and risk hedging strategies.
First Watch (FWRG) Valuation Check After an Earnings Beat Masked by Cheaper Eggs and Emerging Structural Strains
First Watch Restaurant Group (FWRG) reported an earnings beat, largely driven by cheaper eggs rather than sustainable operational improvements. While analysts see FWRG as undervalued with a consensus price target of $22, Simply Wall St's DCF model suggests a fair value closer to $7.74, indicating the growth story might be fully priced in given potential commodity/wage inflation risks. Investors should consider if the market has accurately priced in fading momentum or if structural issues will challenge future growth.
First Watch Restaurant Group (NASDAQ:FWRG) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.
Representative Gilbert Ray Cisneros, Jr. recently purchased between $1,001 and $15,000 worth of First Watch Restaurant Group (NASDAQ:FWRG) stock on November 26, 2025. This transaction occurred in his "150 MAIN STREET TRUST > BANK OF AMERICA" account. First Watch has a "Moderate Buy" consensus rating from analysts with an average price target of $21.09, and institutional investors collectively own 96.11% of the company's stock.
Jefferies Remains a Buy on First Watch Restaurant Group (FWRG)
Jefferies has maintained its Buy rating on First Watch Restaurant Group (FWRG) with a price target of $22.00. This follows similar optimism from Barclays, despite TR | OpenAI – 4o reiterating a Hold rating on the company. First Watch Restaurant Group reported strong Q3 earnings, with revenue increasing significantly year-over-year.
First Watch Restaurant Group, Inc. $FWRG Holdings Lessened by Advent International L.P.
Advent International L.P. has reduced its stake in First Watch Restaurant Group, Inc. ($FWRG) by 23.4%, selling 4.5 million shares, but still holds 14.69 million shares valued at approximately $235.6 million, making it their fifth-largest holding. Despite missing EPS estimates last quarter, First Watch reported strong revenue of $316.02 million. The stock currently holds a "Moderate Buy" rating from Wall Street analysts with an average price target of $21.09.
278,075 Shares in First Watch Restaurant Group, Inc. $FWRG Purchased by Maverick Capital Ltd.
Maverick Capital Ltd. acquired a new position of 278,075 shares in First Watch Restaurant Group (NASDAQ:FWRG) during Q2, valuing the stake at approximately $4.46 million and representing about 0.46% ownership. Other institutional investors like Vanguard Group Inc., The Manufacturers Life Insurance Company, and JPMorgan Chase & Co. also increased their holdings. First Watch Restaurant Group has a market capitalization of $1.02 billion, with analysts giving it a consensus "Moderate Buy" rating and a target price of $21.09.
Marshall Wace LLP Acquires 301,572 Shares of First Watch Restaurant Group, Inc. $FWRG
Marshall Wace LLP recently increased its stake in First Watch Restaurant Group ($FWRG) by purchasing an additional 301,572 shares, bringing their total to over 1.2 million shares valued at approximately $19.30 million. This comes as First Watch Restaurant Group, while showing a consensus "Moderate Buy" rating from analysts with an average target of $21.09, reported a slight EPS miss but a revenue beat in its latest quarterly earnings. The stock currently trades at $16.99 with a high P/E ratio of 212.40.
Trading Systems Reacting to (FWRG) Volatility
An analysis of First Watch Restaurant Group Inc. (NASDAQ: FWRG) identifies near-term weak sentiment, mid-term strength, and a broader long-term weak bias. The report highlights support being tested, an exceptional 44.6:1 risk-reward setup, and provides three AI-generated trading strategies (Position, Momentum Breakout, Risk Hedging) with specific entry, target, and stop-loss levels. The analysis concludes that while recent sentiment is weak, the stock has strong mid-term potential.
Evaluating First Watch (FWRG) After Advent’s 9.4 Million-Share Selloff and Shifting Ownership Dynamics
First Watch Restaurant Group (FWRG) recently experienced a significant share selloff by private equity firm Advent International, leading to short-term stock pressure. Despite this, analysts generally view FWRG as undervalued with a consensus price target of $22, though a discounted cash flow model suggests it may be overvalued. The article explores these differing valuations and the implications of the ownership shift for investors.
First Watch announces 5.3M-share secondary offering
First Watch Restaurant Group, Inc. announced a secondary offering of 5,300,000 shares of its common stock by an existing stockholder. The company will not sell any shares in this offering and will not receive any proceeds from the sale. The offering is subject to market conditions, and there is no guarantee regarding its completion or terms.
How Advent’s Major Stake Cut At First Watch (FWRG) Has Changed Its Investment Story
Advent International significantly reduced its stake in First Watch Restaurant Group (FWRG) by selling 9.4 million shares, now holding 5.29 million shares valued at $82.73 million. This sale is viewed as shareholder reshuffling rather than a change in First Watch's growth-focused narrative, with new unit openings and revenue growth remaining key drivers. Despite potential margin pressures from commodity and labor costs, First Watch projects substantial revenue and earnings growth by 2028.
Certain Stock Options of First Watch Restaurant Group, Inc. are subject to a Lock-Up Agreement Ending on 6-DEC-2025.
Certain stock options of First Watch Restaurant Group, Inc. (FWRG) are under a lock-up agreement that ends on December 6, 2025. This lock-up period began on November 5, 2025, lasting for 31 days. The agreement restricts executive officers and directors from selling or disposing of common stock, options, or other convertible securities without underwriter consent.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives Average Recommendation of "Moderate Buy" from Brokerages
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) has received an average "Moderate Buy" recommendation from eleven research firms, with an average 12-month price target of $21.09. Despite missing EPS estimates in its last earnings report, the company beat revenue expectations. Insider transactions show a significant sale by major shareholder Advent, while institutional investors hold a large portion of the stock.
Winners And Losers Of Q3: First Watch (NASDAQ:FWRG) Vs The Rest Of The Sit-Down Dining Stocks
This article analyzes the Q3 earnings of several sit-down dining stocks, highlighting First Watch (NASDAQ:FWRG) as a top performer with 25.6% revenue growth. It compares First Watch to other companies like Bloomin' Brands (NASDAQ:BLMN) and Denny's (NASDAQ:DENN), discussing their revenue performance, analyst beats, and stock reactions. The piece also provides a brief market update regarding interest rates, inflation, and the stock market's reaction to recent political events.
