First Watch Restaurant Group (FWRG) Receives a Buy from Bank of America Securities

Bank of America Securities analyst Sara Senatore reiterated a Buy rating on First Watch Restaurant Group today and set a price target of $19.00.

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According to TipRanks, Senatore is a 3-star analyst with an average return of 1.3% and a 48.46% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as First Watch Restaurant Group, Portillo’s, and Brinker International.

In addition to Bank of America Securities, First Watch Restaurant Group also received a Buy from TD Cowen’s Andrew Charles in a report issued yesterday. However, on the same day, Stifel Nicolaus assigned a Hold rating to First Watch Restaurant Group (NASDAQ: FWRG).

Based on First Watch Restaurant Group’s latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $316.35 million and a net profit of $15.16 million. In comparison, last year the company earned a revenue of $263.29 million and had a net profit of $699 thousand

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FWRG in relation to earlier this year. Most recently, in March 2026, Matthew Eisenacher, the Chief Brand Officer of FWRG sold 2,760.00 shares for a total of $34,555.20.