Rating Change
Citigroup analysts reiterated a Buy rating on First Watch Restaurant Group, Inc. (NASDAQ:FWRG) on August 05, 2026.
Rating Change Citigroup analysts reiterated a Buy rating on First Watch Restaurant Group, Inc. (NASDAQ:FWRG) on August 05, 2026. Market Context First Watch Restaurant Group, Inc.

Citigroup analysts reiterated a Buy rating on First Watch Restaurant Group, Inc. (NASDAQ:FWRG) on August 05, 2026.
First Watch Restaurant Group, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $12.86 with a market capitalization of $1.0B.
Analyst coverage from Citigroup provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for First Watch Restaurant Group, Inc..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 05, 2026 | Citigroup | Buy | N/A |
| Jul 01, 2026 | Freedom Capital Markets | Buy | N/A |
| Jun 03, 2026 | TD Cowen | Buy | N/A |
| May 06, 2026 | Stephens & Co. | Overweight | N/A |
| May 05, 2026 | TD Cowen | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View FWRG Stock Page
A Buy rating from Citigroup reflects the analyst's outlook on First Watch Restaurant Group, Inc. (NASDAQ:FWRG). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FWRG forecast page.
Current market data
NASDAQ · FWRG
$12.51
Up: +$0.13 · +1.05%
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