FWRG
First Watch Restaurant Group, Inc.
$10.97
+0.73%
$671.3M
No data for this timeframe.
Vol
Market Cap$671.3M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (89%)
Inst. Holders7 funds
Inst. Value$159.9M
Inst. Activity3 buys / 1 sells
Insider Activity0B / 13S
Insider Net $-$937.1K
Reddit Sentiment50° Neutral
SEC Reports5
Congressional2 trades
Recent Activity
May 5, 2026
SEC
First Watch reported Q1 2026 EPS of $0.24, a massive beat vs. consensus of -$0.03, on revenue of $331.0M (above $329.3M
PRESS-RELEASE — Impact 6/10
May 5, 2026
SEC
First Watch reported Q1 2026 total revenue of $331.0M (+17.3% YoY) and a GAAP net loss of -$0.04/share, wider than the -
8-K — Impact 5/10
May 5, 2026
earnings
First Watch Restaurant Group, Inc. Reports Q1 2026 Financial Results
<p align="center"><strong>Same-restaurant sales growth of 2.8%</strong><br><strong>Total revenues in
Apr 8, 2026
SEC
The filing is a definitive proxy statement (DEFA14A) related to a shareholder vote, but the cross-filing context shows a
DEFA14A — Impact 4/10
Mar 17, 2026
Insider
Sorensen Laura Anne sold 1,697 shares
Chief People Officer @ $12.52 ($21.2K)
Mar 17, 2026
Insider
Eisenacher Matthew sold 2,760 shares
Chief Brand Officer @ $12.52 ($34.6K)
Mar 17, 2026
Insider
Jones John Daniel sold 1,697 shares
Chief Operations Officer @ $12.52 ($21.2K)
Inst.
FMR LLC — DOUBLED
5,399,098 shares ($81.4M)
Price Targets
$19.00
+73.2% upside
Strong Buy
Current $10.97
Low $14.00
Median $19.50
High $22.00
12 analysts
$14.00
$22.00
Analyst Ratings
8Strong Buy
8Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| May 6, 2026 | Stephens & Co. | REITERATE | Overweight → Overweight |
| May 5, 2026 | TD Cowen | MAINTAIN | Buy → Buy |
| Apr 28, 2026 | DA Davidson | MAINTAIN | Buy → Buy |
| Apr 20, 2026 | Benchmark | MAINTAIN | Buy → Buy |
| Mar 6, 2026 | DA Davidson | INITIATE | Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $0.06 ▼ -35.4% | $0.03 — $0.09 | 17% YoY | 10 |
| Next Q | $0.07 ▼ -6.5% | $0.03 — $0.10 | 16% YoY | 10 |
| Current FY | $0.18 ▼ -5.3% | $0.10 — $0.25 | -56% YoY | 8 |
| Next FY | $0.27 ▼ -11.8% | $0.13 — $0.38 | 48% YoY | 10 |
Latest Reports
MIXED
PRESS-RELEASE
6/10
First Watch reported Q1 2026 EPS of $0.24, a massive beat vs. consensus of -$0.03, on revenue of $331.0M (above $329.3M
May 5, 2026
MIXED
8-K
5/10
First Watch reported Q1 2026 total revenue of $331.0M (+17.3% YoY) and a GAAP net loss of -$0.04/share, wider than the -
May 5, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| FMR LLC | $81.4M | DOUBLED |
| VANGUARD GROUP INC | $50.1M | — |
| BANK OF AMERICA CORP | $9.0M | TRIM |
| MORGAN STANLEY | $8.0M | ADD |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $6.2M | NEW |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| Mar 17, 2026 | Sorensen Laura | SELL | $21.2K |
| Mar 17, 2026 | Eisenacher Matthew | SELL | $34.6K |
| Mar 17, 2026 | Jones John | SELL | $21.2K |
| Mar 17, 2026 | Hartman Eric | SELL | $22.8K |
| Mar 17, 2026 | Tomasso Christopher | SELL | $313.8K |
Reddit Sentiment
50°
Neutral
Bearish
Neutral
Bullish
Congressional Trades
1 members: 1 buys, 1 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| Josh Gottheimer | D | BUY | $1,001 - $15,000 |
| Josh Gottheimer | D | SELL | $1,001 - $15,000 |
7 institutional holders with $159.9M total value (10,606,243 shares) as of 2025-Q4. Top holders: FMR, VANGUARD, BANK. Net buying activity: 3 institutions added/increased vs 1 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | FMR LLC | 5,399,098 | $81.4M | 50.9% | DOUBLED +112.2% |
| 2 | VANGUARD GROUP INC | 3,320,929 | $50.1M | 31.3% | — |
| 3 | BANK OF AMERICA CORP /DE/ | 595,450 | $9.0M | 5.6% | TRIM -30.2% |
| 4 | MORGAN STANLEY | 530,690 | $8.0M | 5.0% | ADD +55.9% |
| 5 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 411,754 | $6.2M | 3.9% | NEW |
| 6 | WELLS FARGO & COMPANY/MN | 262,232 | $4.0M | 2.5% | DOUBLED +160.9% |
| 7 | TWO SIGMA INVESTMENTS, LP | 86,090 | $1.3M | 0.8% | DOUBLED +127.8% |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| FMR LLC | DOUBLED | 2,544,101 | 5,399,098 | +112.2% | $81.4M | 2025-Q4 |
| BANK OF AMERICA CORP /DE/ | TRIM | 853,658 | 595,450 | -30.2% | $9.0M | 2025-Q4 |
| WELLS FARGO & COMPANY/MN | DOUBLED | 100,505 | 262,232 | +160.9% | $4.0M | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | DOUBLED | 37,793 | 86,090 | +127.8% | $1.3M | 2025-Q4 |
| BANK OF AMERICA CORP /DE/ | ADD | 490,122 | 853,658 | +74.2% | $13.4M | 2025-Q3 |
| MORGAN STANLEY | ADD | 292,203 | 455,413 | +55.9% | $7.1M | 2025-Q3 |
| TWO SIGMA INVESTMENTS, LP | TRIM | 111,043 | 37,793 | -66.0% | $591.1K | 2025-Q3 |
| BANK OF AMERICA CORP /DE/ | TRIM | 790,191 | 490,122 | -38.0% | $7.9M | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | ADD | 87,558 | 111,043 | +26.8% | $1.8M | 2025-Q2 |
| FMR LLC | DOUBLED | 244,249 | 2,272,377 | +830.4% | $37.8M | 2025-Q1 |
| MORGAN STANLEY | TRIM | 470,367 | 268,314 | -43.0% | $4.5M | 2025-Q1 |
| TWO SIGMA INVESTMENTS, LP | TRIM | 211,865 | 87,558 | -58.7% | $1.5M | 2025-Q1 |
| CITADEL ADVISORS LLC | NEAR_EXIT | 542,985 | 14,193 | -97.4% | $236.3K | 2025-Q1 |
| UBS Group AG | DOUBLED | 16,582 | 885,156 | +5238.1% | $16.5M | 2024-Q4 |
| CITADEL ADVISORS LLC | NEW | — | 542,985 | — | $10.1M | 2024-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 251,403 | — | $3.9M | 2024-Q3 |
7 unique insiders with 13 transactions. Net insider value: -$937.1K ($0.00 bought, $937.1K sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Mar 17, 2026 | Sorensen Laura Anne | Chief People Officer | SELL | 1,697 | $12.52 | $21.2K |
| Mar 17, 2026 | Eisenacher Matthew | Chief Brand Officer | SELL | 2,760 | $12.52 | $34.6K |
| Mar 17, 2026 | Jones John Daniel | Chief Operations Officer | SELL | 1,697 | $12.52 | $21.2K |
| Mar 17, 2026 | Hartman Eric Richard | Chief Development Officer | SELL | 1,819 | $12.52 | $22.8K |
| Mar 17, 2026 | Tomasso Christopher Anthony | President and CEO | SELL | 25,062 | $12.52 | $313.8K |
| Mar 17, 2026 | HOPE H MELVILLE III | CFO and Treasurer | SELL | 3,878 | $12.52 | $48.6K |
| Mar 17, 2026 | Wolszczak Jay Anthony | Chief Legal Officer, GC & Secy | SELL | 3,161 | $12.52 | $39.6K |
| Mar 10, 2026 | Eisenacher Matthew | Chief Brand Officer | SELL | 6,070 | $12.59 | $76.4K |
| Mar 10, 2026 | Wolszczak Jay Anthony | Chief Legal Officer, GC & Secy | SELL | 6,998 | $12.59 | $88.1K |
| Mar 10, 2026 | HOPE H MELVILLE III | CFO and Treasurer | SELL | 7,358 | $12.59 | $92.6K |
| Mar 10, 2026 | Hartman Eric Richard | Chief Development Officer | SELL | 4,820 | $12.59 | $60.7K |
| Mar 10, 2026 | Jones John Daniel | Chief Operations Officer | SELL | 4,600 | $12.59 | $57.9K |
| Mar 10, 2026 | Sorensen Laura Anne | Chief People Officer | SELL | 4,732 | $12.59 | $59.6K |
| Mar 1, 2026 | Wolszczak Jay Anthony | Chief Legal Officer, GC & Secy | A | 36,115 | $0.00 | $0.00 |
| Mar 1, 2026 | Jones John Daniel | Chief Operations Officer | A | 30,096 | $0.00 | $0.00 |
| Mar 1, 2026 | Sorensen Laura Anne | Chief People Officer | A | 30,096 | $0.00 | $0.00 |
| Mar 1, 2026 | Eisenacher Matthew | Chief Brand Officer | A | 28,089 | $0.00 | $0.00 |
| Mar 1, 2026 | Hartman Eric Richard | Chief Development Officer | A | 30,096 | $0.00 | $0.00 |
| Mar 1, 2026 | Tomasso Christopher Anthony | President and CEO | A | 321,027 | $0.00 | $0.00 |
5 SEC filing reports analyzed. Sentiment: 0 bullish, 2 bearish, 2 mixed, 1 neutral. Avg impact: 5.2/10.
MIXED
PRESS-RELEASE
6/10
First Watch reported Q1 2026 EPS of $0.24, a massive beat vs. consensus of -$0.03, on revenue of $33
May 5, 2026
MIXED
8-K
5/10
First Watch reported Q1 2026 total revenue of $331.0M (+17.3% YoY) and a GAAP net loss of -$0.04/sha
May 5, 2026
NEUTRAL
DEFA14A
4/10
The filing is a definitive proxy statement (DEFA14A) related to a shareholder vote, but the cross-fi
Apr 8, 2026
BEARISH
CLUSTER
6/10
Five executives at First Watch Restaurant Group, including the CEO and CFO, sold shares in a coordin
Mar 19, 2026
BEARISH
CLUSTER
5/10
Three C-suite executives at First Watch Restaurant Group — the Chief Brand Officer, Chief Operations
Mar 12, 2026
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Strong Buy (89% buy). Based on 18 analysts: 8 strong buy, 8 buy, 2 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$19.00 mean target
+73.2% upside
Strong Buy (1.36)
$14.00 Low
$22.00 High
| Metric | Value |
|---|---|
| Current Price | $10.97 |
| Target Low | $14.00 |
| Target Mean | $19.00 |
| Target Median | $19.50 |
| Target High | $22.00 |
| # Analysts | 12 |
| Recommendation | Strong Buy (1.36) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$0.06 | $0.03 | $0.09 | 16.7% | -35.4% | 0↑ 7↓ | $0.4B | 14.5% | 10 |
| Next Q 2026-09-30 |
$0.07 | $0.03 | $0.10 | 15.7% | -6.5% | 2↑ 3↓ | $0.3B | 10.0% | 10 |
| Current FY 2026-12-31 |
$0.18 | $0.10 | $0.25 | -55.5% | -5.3% | 2↑ 3↓ | $1.4B | 13.3% | 8 |
| Next FY 2027-12-31 |
$0.27 | $0.13 | $0.38 | 47.8% | -11.8% | 1↑ 5↓ | $1.6B | 12.4% | 10 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $0.060 | |
| 7d ago | $0.060 | +0.000 |
| 30d ago | $0.093 | -0.033 |
| 60d ago | $0.093 | -0.033 |
| 90d ago | $0.097 | -0.037 |
7 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 1 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| May 6, 2026 | Stephens & Co. | REITERATE | Overweight | Overweight |
| May 5, 2026 | TD Cowen | MAINTAIN | Buy | Buy |
| Apr 28, 2026 | DA Davidson | MAINTAIN | Buy | Buy |
| Apr 20, 2026 | Benchmark | MAINTAIN | Buy | Buy |
| Mar 6, 2026 | DA Davidson | INITIATE | — | Buy |
| Feb 25, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Feb 25, 2026 | Barclays | MAINTAIN | Overweight | Overweight |
| Feb 25, 2026 | Guggenheim | MAINTAIN | Buy | Buy |
| Feb 25, 2026 | Stephens & Co. | MAINTAIN | Overweight | Overweight |
| Feb 24, 2026 | TD Cowen | MAINTAIN | Buy | Buy |
| Jan 7, 2026 | Barclays | MAINTAIN | Overweight | Overweight |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| May 1, 2026 | 8 | 8 | 2 | 0 | 0 | 89% | |
| Apr 1, 2026 | 8 | 8 | 2 | 0 | 0 | 89% | |
| Mar 1, 2026 | 8 | 7 | 2 | 0 | 0 | 88% | |
| Feb 1, 2026 | 8 | 7 | 2 | 0 | 0 | 88% | |
| Jan 1, 2026 | 8 | 7 | 2 | 0 | 0 | 88% |
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 1 buys, 1 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Apr 6, 2026 | Josh Gottheimer | D | HOUSE | BUY | $1,001 - $15,000 | FIRST WATCH RESTAURA GRO INC | May 20, 2026 (45d) |
| Mar 5, 2026 | Josh Gottheimer | D | HOUSE | SELL | $1,001 - $15,000 | FIRST WATCH RESTAURA GRO INC | Apr 9, 2026 (36d) |
50°
Neutral
Bearish
Neutral
Bullish
2 mentions
0 bullish
0 bearish
2 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| Mar 2, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Mar 2, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
Recent Reddit Threads
May 5, 2026
earnings
First Watch Restaurant Group, Inc. Reports Q1 2026 Financial Results
<p align="center"><strong>Same-restaurant sales growth of 2.8%</strong><br><strong>Total revenues increased 17.3%</strong><br><strong>Net loss of $(2.
May 5, 2026
earnings_calendar
FWRG Q1 2026 Earnings Scheduled — 2026-05-05
Apr 17, 2026
short_volume
Short Volume: FWRG — 61.6% short (0.4M / 0.6M)
Short: 361,784 | Exempt: 15,085 | TRF Vol: 586,993 | Short Ratio: 61.6% | Off-exchange volume (dark pool + OTC)
Apr 16, 2026
short_volume
Short Volume: FWRG — 61.7% short (0.4M / 0.6M)
Short: 388,193 | Exempt: 275 | TRF Vol: 629,376 | Short Ratio: 61.7% | Off-exchange volume (dark pool + OTC)
Apr 2, 2026
short_volume
Short Volume: FWRG — 71.2% short (0.4M / 0.5M)
Short: 361,337 | Exempt: 0 | TRF Vol: 507,407 | Short Ratio: 71.2% | Off-exchange volume (dark pool + OTC)
Feb 24, 2026
earnings_calendar
FWRG Q4 2025 Earnings Before Market Open — 2026-02-24