First Watch Restaurant Group, Inc. Common Stock (FWRG) is a publicly traded Consumer Cyclical sector company. As of May 21, 2026, FWRG trades at $11.03 with a market cap of $678.71M and a P/E ratio of 34.20. FWRG moved +0.78% today. Year to date, FWRG is -31.74%; over the trailing twelve months it is -33.03%. Its 52-week range spans $10.09 to $22.71. Analyst consensus is strong buy with an average price target of $19.09. Rallies surfaces FWRG's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
First Watch Q1 Revenue Rises 17% to $331M, Opens 16 New Restaurants: First Watch reported Q1 2026 revenue of $331 million, up 17.3% year-on-year, with adjusted EBITDA rising to $27.8 million from $22.8 million, while net loss widened to $2.7 million. The chain added 16 restaurants for a total of 648 units and set full-year revenue growth guidance at 12–14%.
| Metric | Value |
|---|---|
| Price | $11.03 |
| Market Cap | $678.71M |
| P/E Ratio | 34.20 |
| EPS | $0.32 |
| Dividend Yield | 0.00% |
| 52-Week High | $22.71 |
| 52-Week Low | $10.09 |
| Volume | 862.34K |
| Avg Volume | 0 |
| Revenue (TTM) | $1.22B |
| Net Income | $19.43M |
| Gross Margin | 99.86% |
12 analysts cover FWRG: 0 strong buy, 11 buy, 1 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $19.09.