First Watch Restaurant Group Inc. Common Stock (FWRG)

About FWRG

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

Sector

Consumer Discretionary

Industry

Restaurants

Employees

18,000

Website

investors.firstwatch.com/

Fundamentals

1-day range

$12.39$12.74

Market cap

$770.56M

P/E (trailing)

44.94

P/E (forward)

49.21

EPS (trailing)

$0.28

Dividend yield

—

Beta

1.06

Avg. volume

1.14M

Forecasts

11 analyst ratings

First Watch Restaurant Group Inc. Common Stock Competitors

Chosen by industry and closest market cap.

• FWRG

  First Watch Restaurant Group Inc. Common Stock

  $12.53

  ▲ 1.21%
  Market cap $770.56MP/E 44.94
  $9.97$19.39
• BLMN

  Bloomin' Brands Inc. Common Stock

  $10.59

  ▲ 1.44%
  Market cap $773.95MP/E 33.40
  $5.19$12.63
• SG

  Sweetgreen Inc. Class A Common Stock

  $6.97

  ▲ 2.65%
  Market cap $703.46MP/E 52.67
  $4.49$10.63
• HDL

  SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares

  $13.27

  ▲ 0.00%
  Market cap $877.25MP/E 28.07
  $9.16$16.57
• CNNE

  Cannae Holdings Inc. Common Stock

  $15.64

  ▲ 1.23%
  Market cap $654.71MP/E —
  $10.46$19.88
• KRUS

  Kura Sushi USA Inc. Class A Common Stock

  $47.49

  ▲ 2.63%
  Market cap $580.15MP/E —
  $42.62$87.99
• DIN

  Dine Brands Global Inc. Common Stock

  $33.52

  ▲ 0.52%
  Market cap $457.68MP/E 27.44
  $22.38$39.68

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

• 5 Must-Read Analyst Questions From First Watch’s Q2 Earnings Call
  Yahoo · 8/12/2026
• 3 of Wall Street’s Favorite Stocks Walking a Fine Line
  Yahoo · 8/12/2026
• First Watch (FWRG) Q2 2026 Earnings Call Transcript
  Yahoo · 8/11/2026
• Guggenheim Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $20
  benzinga · 8/7/2026
• Guggenheim Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $20
  Benzinga · 8/7/2026
• Citigroup Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $20
  Benzinga · 8/5/2026
• First Watch Restaurant Group, Inc. Q2 2026 Earnings Call Summary
  Yahoo · 8/4/2026
• First Watch Restaurant Group Inc (FWRG) (Q2 2026) Earnings Call Highlights: Revenue Surges 15. ...
  Yahoo · 8/4/2026
• First Watch Restaurant Group, Inc. 2026 Q2 - Results - Earnings Call Presentation
  SeekingAlpha · 8/4/2026

• Ashlee Suzanne Weisser · June 8, 2026 · Grant

  26.6K
• Jostein Solheim · May 21, 2026 · Grant

  12.3K
• Rachel K. Tipograph · May 21, 2026 · Grant

  12.3K
• Stephanie Lilak · May 21, 2026 · Grant

  12.3K
• Charles Jemley · May 21, 2026 · Grant

  12.3K
• William A. Kussell · May 21, 2026 · Grant

  12.3K
• Irene Chang Britt · May 21, 2026 · Grant

  12.3K
• Ralph Alvarez · May 21, 2026 · Grant

  17.6K
• Michael D. Fleisher · May 21, 2026 · Grant

  12.3K
• Matthew Eisenacher · March 17, 2026 · Sale

  2.8K @ $12.52
• John Daniel Jones · March 17, 2026 · Sale

  1.7K @ $12.52
• Eric Richard Hartman · March 17, 2026 · Sale

  1.8K @ $12.52
• Christopher Anthony Tomasso · March 17, 2026 · Sale

  25.1K @ $12.52
• Laura Anne Sorensen · March 17, 2026 · Sale

  1.7K @ $12.52
• Jay Anthony Wolszczak · March 17, 2026 · Sale

  3.2K @ $12.52

Institutional Ownership

March 31, 2026

Total shares held

66.86M

Total value held

$676.51M

Institutional holders

204