Sweetgreen (SG) Stock Forecast, Price Target & Predictions
SG Stock Forecast
Sweetgreen stock forecast is as follows: an average price target of $31.11 (represents a -8.98% downside from SG’s last price of $34.18) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
SG Price Target
The average price target for Sweetgreen (SG) is $31.11 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $12.00. This represents a potential -8.98% downside from SG's last price of $34.18.
SG Analyst Ratings
According to 9 Wall Street analysts, Sweetgreen's rating consensus is 'Buy'. The analyst rating breakdown for SG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sweetgreen Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 19, 2024 | Brian Mullan | Piper Sandler | $39.00 | $37.37 | 4.36% | 14.10% |
| Aug 15, 2024 | Brian Bittner | Oppenheimer | $40.00 | $35.61 | 12.33% | 17.03% |
| Aug 09, 2024 | Brian Bittner | Oppenheimer | $36.00 | $32.53 | 10.67% | 5.32% |
| Jul 17, 2024 | Dennis Geiger | UBS | $31.00 | $26.81 | 15.63% | -9.30% |
| Jul 16, 2024 | Brian Harbour | Morgan Stanley | $25.00 | $26.81 | -6.75% | -26.86% |
| Jun 13, 2024 | Christine Cho | Goldman Sachs | $39.00 | $33.91 | 15.01% | 14.10% |
| Jun 07, 2024 | Christopher Carril | RBC Capital | $45.00 | $34.47 | 30.55% | 31.66% |
| May 13, 2024 | Katherine Griffin | Griffin | $36.00 | $31.56 | 14.07% | 5.32% |
| May 10, 2024 | Christopher Carril | RBC Capital | $35.00 | $33.45 | 4.65% | 2.40% |
| Apr 01, 2024 | Brian Bittner | Oppenheimer | $34.00 | $25.26 | 34.60% | -0.53% |
The latest Sweetgreen stock forecast, released on Aug 19, 2024 by Brian Mullan from Piper Sandler, set a price target of $39.00, which represents a 4.36% increase from the stock price at the time of the forecast ($37.37), and a 14.10% increase from SG last price ($34.18).
Sweetgreen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 5 | 10 |
| Avg Price Target | $39.00 | $34.20 | $36.00 |
| Last Closing Price | $34.18 | $34.18 | $34.18 |
| Upside/Downside | 14.10% | 0.06% | 5.32% |
In the current month, the average price target of Sweetgreen stock is $39.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.10% increase as opposed to Sweetgreen's last price of $34.18. This month's average price target is up 14.04% compared to last quarter, and up 8.33% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Cowen & Co. | Hold | Buy | Upgrade |
| Aug 19, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
| Aug 09, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 09, 2024 | UBS | Buy | Buy | Hold |
| Aug 09, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 09, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 17, 2024 | UBS | - | Buy | Initialise |
| Jul 16, 2024 | Morgan Stanley | Underweight | Equal-Weight | Upgrade |
| Jun 13, 2024 | Goldman Sachs | - | Buy | Initialise |
| Jun 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
Sweetgreen's last stock rating was published by Cowen & Co. on Sep 04, 2024. The company Upgrade its SG rating from "Hold" to "Buy".
Sweetgreen Financial Forecast
Sweetgreen Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $153.03M | $153.43M | $152.53M | $125.06M | $118.57M | $124.03M | $124.92M | $102.59M | $96.43M | $447.50M | $439.70M |
| Avg Forecast | $227.54M | $243.36M | $252.75M | $210.78M | $190.90M | $205.95M | $213.55M | $181.04M | $162.14M | $175.92M | $180.79M | $152.02M | $152.04M | $154.62M | $156.20M | $126.07M | $124.73M | $129.44M | $129.19M | $101.57M | $84.70M | $189.16M | $386.94M |
| High Forecast | $236.68M | $253.14M | $262.90M | $219.25M | $198.57M | $214.23M | $222.13M | $188.32M | $168.66M | $177.71M | $188.05M | $158.12M | $153.48M | $160.83M | $162.48M | $131.14M | $129.74M | $134.64M | $132.57M | $104.22M | $86.91M | $227.00M | $464.32M |
| Low Forecast | $223.97M | $239.54M | $248.78M | $207.47M | $187.90M | $202.72M | $210.20M | $178.20M | $159.60M | $173.57M | $177.95M | $149.63M | $149.90M | $152.19M | $153.75M | $124.10M | $122.77M | $127.41M | $127.00M | $99.84M | $83.26M | $151.33M | $309.55M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | 14 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.99% | 0.98% | 0.99% | 0.95% | 0.96% | 0.97% | 1.01% | 1.14% | 2.37% | 1.14% |
Sweetgreen's average Quarter revenue forecast for Mar 24 based on 3 analysts is $152.02M, with a low forecast of $149.63M, and a high forecast of $158.12M. SG's average Quarter revenue forecast represents a -0.66% decrease compared to the company's last Quarter revenue of $153.03M (Dec 23).
Sweetgreen EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | 14 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-11.74M | $-9.04M | $-12.40M | $-19.33M | $-34.32M | $-22.67M | $-28.68M | $-38.47M | $-56.02M | $-122.90M | $134.60M |
| Avg Forecast | $-61.66M | $-65.95M | $-68.49M | $-57.12M | $-51.73M | $-55.81M | $-57.87M | $-49.06M | $-43.94M | $-47.67M | $-48.99M | $-41.19M | $-41.20M | $-41.90M | $-42.33M | $-34.16M | $-33.80M | $-76.17M | $-35.01M | $-35.73M | $-22.95M | $-489.84M | $116.25M |
| High Forecast | $-60.69M | $-64.91M | $-67.42M | $-56.22M | $-50.92M | $-54.94M | $-56.96M | $-48.29M | $-43.25M | $-47.04M | $-48.22M | $-40.55M | $-40.62M | $-41.24M | $-41.66M | $-33.63M | $-33.27M | $-60.94M | $-34.42M | $-28.59M | $-22.56M | $-391.88M | $139.49M |
| Low Forecast | $-64.14M | $-68.60M | $-71.24M | $-59.42M | $-53.81M | $-58.05M | $-60.20M | $-51.03M | $-45.71M | $-48.16M | $-50.96M | $-42.85M | $-41.59M | $-43.58M | $-44.03M | $-35.54M | $-35.16M | $-91.41M | $-35.92M | $-42.88M | $-23.55M | $-587.81M | $93.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.28% | 0.22% | 0.29% | 0.57% | 1.02% | 0.30% | 0.82% | 1.08% | 2.44% | 0.25% | 1.16% |
14 analysts predict SG's average Quarter EBITDA for Mar 20 to be $-489.84M, with a high of $-391.88M and a low of $-587.81M. This is -463.93% lower than Sweetgreen's previous annual EBITDA (Mar 19) of $134.60M.
Sweetgreen Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | 14 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-27.41M | $-25.05M | $-27.26M | $-33.66M | $-49.26M | $-47.40M | $-40.03M | $-49.20M | $-66.18M | $-121.50M | $103.70M |
| Avg Forecast | $-15.92M | $-7.06M | $521.68K | $-14.93M | $-18.73M | $-10.77M | $-3.93M | $-17.38M | $-21.74M | $-14.55M | $-10.40M | $-20.00M | $-26.37M | $-24.31M | $-20.30M | $-39.81M | $-44.88M | $-90.22M | $-34.32M | $-45.69M | $-74.80M | $-484.26M | $89.56M |
| High Forecast | $-15.60M | $-6.92M | $548.93K | $-14.63M | $-18.34M | $-10.55M | $-3.85M | $-17.03M | $-21.30M | $-12.73M | $-10.19M | $-19.60M | $-14.90M | $-23.82M | $-19.89M | $-38.99M | $-43.96M | $-72.18M | $-33.57M | $-36.55M | $-73.15M | $-387.41M | $107.47M |
| Low Forecast | $-16.75M | $-7.43M | $511.04K | $-15.71M | $-19.70M | $-11.33M | $-4.13M | $-18.29M | $-22.88M | $-15.46M | $-10.94M | $-21.05M | $-36.69M | $-25.58M | $-21.37M | $-41.89M | $-47.22M | $-108.27M | $-35.49M | $-54.82M | $-77.34M | $-581.12M | $71.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.34% | 0.85% | 1.10% | 0.53% | 1.17% | 1.08% | 0.88% | 0.25% | 1.16% |
Sweetgreen's average Quarter net income forecast for Mar 20 is $-484.26M, with a range of $-581.12M to $-387.41M. SG's average Quarter net income forecast represents a -566.99% decrease compared to the company's last Quarter net income of $103.70M (Mar 19).
Sweetgreen SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | 14 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $35.54M | $35.96M | $40.35M | $34.91M | $43.47M | $41.38M | $51.26M | $49.67M | $46.65M | - | - |
| Avg Forecast | $81.51M | $87.18M | $90.54M | $75.51M | $68.38M | $73.78M | $76.50M | $64.85M | $58.08M | $63.02M | $64.76M | $54.46M | $54.46M | $55.39M | $55.95M | $45.16M | $44.68M | $57.12M | $46.28M | $46.12M | $30.34M | $67.76M | $138.61M |
| High Forecast | $84.79M | $90.68M | $94.18M | $78.54M | $71.13M | $76.74M | $79.57M | $67.46M | $60.42M | $63.66M | $67.36M | $56.64M | $54.98M | $57.61M | $58.20M | $46.98M | $46.48M | $68.54M | $47.49M | $55.35M | $31.13M | $81.32M | $166.33M |
| Low Forecast | $80.23M | $85.81M | $89.12M | $74.32M | $67.31M | $72.62M | $75.30M | $63.84M | $57.17M | $62.18M | $63.75M | $53.60M | $53.70M | $54.52M | $55.08M | $44.45M | $43.98M | $45.70M | $45.49M | $36.90M | $29.83M | $54.21M | $110.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.65% | 0.72% | 0.77% | 0.97% | 0.72% | 1.11% | 1.08% | 1.54% | - | - |
Sweetgreen's average Quarter SG&A projection for Mar 24 is $54.46M, based on 3 Wall Street analysts, with a range of $53.60M to $56.64M. The forecast indicates a 53.21% rise compared to SG last annual SG&A of $35.54M (Dec 23).
Sweetgreen EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | 14 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.24 | $-0.22 | $-0.24 | $-0.30 | $-0.44 | $-0.43 | $-0.36 | $-0.45 | $-1.14 | $-0.85 | $0.75 |
| Avg Forecast | $-0.14 | $-0.06 | - | $-0.13 | $-0.16 | $-0.09 | $-0.03 | $-0.15 | $-0.19 | $-0.13 | $-0.09 | $-0.18 | $-0.23 | $-0.21 | $-0.18 | $-0.35 | $-0.40 | $-0.36 | $-0.30 | $-0.39 | $-0.66 | $1.40 | $0.39 |
| High Forecast | $-0.14 | $-0.06 | - | $-0.13 | $-0.16 | $-0.09 | $-0.03 | $-0.15 | $-0.19 | $-0.11 | $-0.09 | $-0.17 | $-0.13 | $-0.21 | $-0.18 | $-0.34 | $-0.39 | $-0.36 | $-0.30 | $-0.38 | $-0.64 | $1.67 | $0.47 |
| Low Forecast | $-0.15 | $-0.07 | - | $-0.14 | $-0.17 | $-0.10 | $-0.04 | $-0.16 | $-0.20 | $-0.14 | $-0.10 | $-0.19 | $-0.32 | $-0.23 | $-0.19 | $-0.37 | $-0.42 | $-0.38 | $-0.31 | $-0.40 | $-0.68 | $1.12 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.03% | 1.34% | 0.86% | 1.11% | 1.18% | 1.19% | 1.16% | 1.73% | -0.61% | 1.92% |
According to 14 Wall Street analysts, Sweetgreen's projected average Quarter EPS for Mar 20 is $1.40, with a low estimate of $1.12 and a high estimate of $1.67. This represents a 86.67% increase compared to SG previous annual EPS of $0.75 (Mar 19).
Sweetgreen Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DENN | Denny's | $6.68 | $11.75 | 75.90% | Hold |
| JACK | Jack in the Box | $44.15 | $77.50 | 75.54% | Buy |
| PZZA | Papa John's | $52.25 | $82.89 | 58.64% | Buy |
| BLMN | Bloomin' Brands | $16.74 | $25.50 | 52.33% | Hold |
| WEN | Wendy's Company | $17.63 | $23.11 | 31.08% | Buy |
| BJRI | BJ's Restaurants | $31.67 | $39.60 | 25.04% | Buy |
| DPZ | Domino's Pizza | $409.02 | $492.75 | 20.47% | Buy |
| BROS | Dutch Bros | $34.55 | $40.67 | 17.71% | Buy |
| CHUY | Chuy's | $37.34 | $39.25 | 5.12% | Hold |
| SHAK | Shake Shack | $103.86 | $101.71 | -2.07% | Hold |
| CMG | Chipotle Mexican Grill | $56.93 | $55.52 | -2.48% | Buy |
| SG | Sweetgreen | $34.18 | $31.11 | -8.98% | Buy |
| EAT | Brinker | $74.08 | $55.30 | -25.35% | Hold |
| WING | Wingstop | $412.70 | $297.53 | -27.91% | Hold |
SG Forecast FAQ
Is Sweetgreen a good buy?
Yes, according to 9 Wall Street analysts, Sweetgreen (SG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of SG's total ratings.
What is SG's price target?
Sweetgreen (SG) average price target is $31.11 with a range of $12 to $45, implying a -8.98% from its last price of $34.18. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sweetgreen stock go up soon?
According to Wall Street analysts' prediction for SG stock, the company can go down by -8.98% (from the last price of $34.18 to the average price target of $31.11), up by 31.66% based on the highest stock price target, and down by -64.89% based on the lowest stock price target.
Can Sweetgreen stock reach $50?
SG's average twelve months analyst stock price target of $31.11 does not support the claim that Sweetgreen can reach $50 in the near future.
What is Sweetgreen's current price target trend?
1 Wall Street analyst forecast a $39 price target for Sweetgreen (SG) this month, up 14.10% from its last price of $34.18. Compared to the last 3 and 12 months, the average price target increased by 0.06% and increased by 5.32%, respectively.
What are Sweetgreen's analysts' financial forecasts?
Sweetgreen's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $791.44M (high $823.25M, low $779.02M), average EBITDA is $-214M (high $-211M, low $-223M), average net income is $-50.806M (high $-49.77M, low $-53.46M), average SG&A $283.51M (high $294.91M, low $279.06M), and average EPS is $-0.447 (high $-0.438, low $-0.471). SG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $934.43M (high $971.98M, low $919.77M), average EBITDA is $-253M (high $-249M, low $-263M), average net income is $-37.391M (high $-36.591M, low $-39.383M), average SG&A $334.73M (high $348.19M, low $329.48M), and average EPS is $-0.329 (high $-0.322, low $-0.347).
Did the SG's actual financial results beat the analysts' financial forecasts?
Based on Sweetgreen's last annual report (Dec 2023), the company's revenue was $584.04M, which missed the average analysts forecast of $588.93M by -0.83%. Apple's EBITDA was $-53.386M, missing the average prediction of $-160M by -66.55%. The company's net income was $-113M, beating the average estimation of $-111M by 2.34%. Apple's SG&A was $146.76M, missing the average forecast of $210.97M by -30.43%. Lastly, the company's EPS was $-1.01, beating the average prediction of $-0.975 by 3.54%. In terms of the last quarterly report (Dec 2023), Sweetgreen's revenue was $153.03M, beating the average analysts' forecast of $152.04M by 0.65%. The company's EBITDA was $-11.738M, missing the average prediction of $-41.201M by -71.51%. Sweetgreen's net income was $-27.414M, beating the average estimation of $-26.368M by 3.97%. The company's SG&A was $35.54M, missing the average forecast of $54.46M by -34.74%. Lastly, the company's EPS was $-0.24, beating the average prediction of $-0.232 by 3.38%