Sweetgreen (SG) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

SG Stock Forecast


Sweetgreen stock forecast is as follows: an average price target of $31.11 (represents a -18.24% downside from SG’s last price of $38.05) 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 -18.24% downside from SG's last price of $38.05.

SG Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 19, 2024Brian MullanPiper Sandler$39.00$37.374.36%2.50%
Aug 15, 2024Brian BittnerOppenheimer$40.00$35.6112.33%5.12%
Aug 09, 2024Brian BittnerOppenheimer$36.00$32.5310.67%-5.39%
Jul 17, 2024Dennis GeigerUBS$31.00$26.8115.63%-18.53%
Jul 16, 2024Brian HarbourMorgan Stanley$25.00$26.81-6.75%-34.30%
Jun 13, 2024Christine ChoGoldman Sachs$39.00$33.9115.01%2.50%
Jun 07, 2024Christopher CarrilRBC Capital$45.00$34.4730.55%18.27%
May 13, 2024Katherine GriffinGriffin$36.00$31.5614.07%-5.39%
May 10, 2024Christopher CarrilRBC Capital$35.00$33.454.65%-8.02%
Apr 01, 2024Brian BittnerOppenheimer$34.00$25.2634.60%-10.64%
Row per page
Go to

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 2.50% increase from SG last price ($38.05).

Sweetgreen Price Target by Period


1M3M12M
# Anlaysts-310
Avg Price Target-$38.33$36.00
Last Closing Price$38.05$38.05$38.05
Upside/Downside-100.00%0.74%-5.39%

In the current month, the average price target of Sweetgreen stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sweetgreen's last price of $38.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 27, 2024UBSBuyBuyHold
Sep 04, 2024Cowen & Co.HoldBuyUpgrade
Aug 19, 2024Piper SandlerOverweightNeutralDowngrade
Aug 09, 2024OppenheimerOutperformOutperformHold
Aug 09, 2024UBSBuyBuyHold
Aug 09, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 09, 2024CitigroupNeutralNeutralHold
Jul 17, 2024UBS-BuyInitialise
Jul 16, 2024Morgan StanleyUnderweightEqual-WeightUpgrade
Jun 13, 2024Goldman Sachs-BuyInitialise
Row per page
Go to

Sweetgreen's last stock rating was published by UBS on Sep 27, 2024. The company gave SG a "Buy" rating, the same as its previous rate.

Sweetgreen Financial Forecast


Sweetgreen Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Mar 20Mar 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$189.60M$204.03M$213.46M$181.12M$161.29M$175.46M$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$227.54M$243.36M$252.75M$210.78M$189.60M$204.03M$213.46M$181.12M$161.29M$177.82M$180.79M$152.02M$153.48M$154.62M$156.20M$126.07M$124.73M$129.44M$129.19M$101.57M$84.70M$227.00M$464.32M
Low Forecast$227.54M$243.36M$252.75M$210.78M$189.60M$204.03M$213.46M$181.12M$161.29M$172.04M$180.79M$152.02M$149.90M$154.62M$156.20M$126.07M$124.73M$129.44M$129.19M$101.57M$84.70M$151.33M$309.55M
# Analysts334545223733633344447148
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 $152.02M, and a high forecast of $152.02M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Mar 20Mar 19
# Analysts334545223733633344447148
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$-57.12M$-51.38M$-55.29M$-57.84M$-49.08M$-43.71M$-47.55M$-48.99M$-41.19M$-41.20M$-41.90M$-42.33M$-34.16M$-33.80M$-35.08M$-35.01M$-35.73M$-22.95M$-489.84M$116.25M
High Forecast$-61.66M$-65.95M$-68.49M$-57.12M$-51.38M$-55.29M$-57.84M$-49.08M$-43.71M$-46.62M$-48.99M$-41.19M$-40.62M$-41.90M$-42.33M$-34.16M$-33.80M$-35.08M$-35.01M$-28.59M$-22.95M$-391.88M$139.49M
Low Forecast$-61.66M$-65.95M$-68.49M$-57.12M$-51.38M$-55.29M$-57.84M$-49.08M$-43.71M$-48.19M$-48.99M$-41.19M$-41.59M$-41.90M$-42.33M$-34.16M$-33.80M$-35.08M$-35.01M$-42.88M$-22.95M$-587.81M$93.00M
Surprise %------------0.28%0.22%0.29%0.57%1.02%0.65%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Mar 20Mar 19
# Analysts334545223733633344447148
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$-18.92M$-10.58M$-3.69M$-17.17M$-22.09M$-14.49M$-10.40M$-20.00M$-26.37M$-24.31M$-20.30M$-39.81M$-44.88M$-41.33M$-34.32M$-45.69M$-74.80M$-484.26M$89.56M
High Forecast$-15.92M$-7.06M$521.68K$-14.93M$-18.92M$-10.58M$-3.69M$-17.17M$-22.09M$-13.58M$-10.40M$-20.00M$-14.90M$-24.31M$-20.30M$-39.81M$-44.88M$-41.33M$-34.32M$-36.55M$-74.80M$-387.41M$107.47M
Low Forecast$-15.92M$-7.06M$521.68K$-14.93M$-18.92M$-10.58M$-3.69M$-17.17M$-22.09M$-15.39M$-10.40M$-20.00M$-36.69M$-24.31M$-20.30M$-39.81M$-44.88M$-41.33M$-34.32M$-54.82M$-74.80M$-581.12M$71.65M
Surprise %------------1.04%1.03%1.34%0.85%1.10%1.15%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Mar 20Mar 19
# Analysts334545223733633344447148
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$67.92M$73.09M$76.47M$64.88M$57.78M$62.85M$64.76M$54.46M$54.46M$55.39M$55.95M$45.16M$44.68M$46.37M$46.28M$46.12M$30.34M$67.76M$138.61M
High Forecast$81.51M$87.18M$90.54M$75.51M$67.92M$73.09M$76.47M$64.88M$57.78M$63.70M$64.76M$54.46M$54.98M$55.39M$55.95M$45.16M$44.68M$46.37M$46.28M$55.35M$30.34M$81.32M$166.33M
Low Forecast$81.51M$87.18M$90.54M$75.51M$67.92M$73.09M$76.47M$64.88M$57.78M$61.63M$64.76M$54.46M$53.70M$55.39M$55.95M$45.16M$44.68M$46.37M$46.28M$36.90M$30.34M$54.21M$110.89M
Surprise %------------0.65%0.65%0.72%0.77%0.97%0.89%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 $54.46M to $54.46M. The forecast indicates a 53.21% rise compared to SG last annual SG&A of $35.54M (Dec 23).

Sweetgreen EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Mar 20Mar 19
# Analysts334545223733633344447148
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$-0.17$-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$-0.17$-0.09$-0.03$-0.15$-0.19$-0.12$-0.09$-0.18$-0.13$-0.21$-0.18$-0.35$-0.40$-0.36$-0.30$-0.39$-0.66$1.67$0.47
Low Forecast$-0.14$-0.06-$-0.13$-0.17$-0.09$-0.03$-0.15$-0.19$-0.14$-0.09$-0.18$-0.32$-0.21$-0.18$-0.35$-0.40$-0.36$-0.30$-0.39$-0.66$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BLMNBloomin' Brands$15.46$25.5064.94%Hold
JACKJack in the Box$50.10$76.0851.86%Buy
PZZAPapa John's$56.14$81.7045.53%Buy
DENNDenny's$6.57$9.0036.99%Hold
BROSDutch Bros$33.00$40.6723.24%Buy
BJRIBJ's Restaurants$33.44$39.6018.42%Buy
WINGWingstop$297.18$346.4416.58%Buy
WENWendy's Company$19.72$22.9616.43%Buy
DPZDomino's Pizza$429.98$479.5311.52%Buy
CHUYChuy's$37.48$39.254.72%Hold
CMGChipotle Mexican Grill$56.38$55.49-1.58%Buy
SHAKShake Shack$123.56$109.19-11.63%Hold
SGSweetgreen$38.05$31.11-18.24%Buy
EATBrinker$107.94$69.10-35.98%Hold

SG Forecast FAQ


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.

Sweetgreen (SG) average price target is $31.11 with a range of $12 to $45, implying a -18.24% from its last price of $38.05. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SG stock, the company can go down by -18.24% (from the last price of $38.05 to the average price target of $31.11), up by 18.27% based on the highest stock price target, and down by -68.46% based on the lowest stock price target.

SG's average twelve months analyst stock price target of $31.11 does not support the claim that Sweetgreen can reach $60 in the near future.

Sweetgreen's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $788.2M (high $788.2M, low $788.2M), average EBITDA is $-214M (high $-214M, low $-214M), average net income is $-50.348M (high $-50.348M, low $-50.348M), average SG&A $282.35M (high $282.35M, low $282.35M), and average EPS is $-0.443 (high $-0.443, low $-0.443). SG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $934.43M (high $934.43M, low $934.43M), average EBITDA is $-253M (high $-253M, low $-253M), average net income is $-37.391M (high $-37.391M, low $-37.391M), average SG&A $334.73M (high $334.73M, low $334.73M), and average EPS is $-0.329 (high $-0.329, low $-0.329).

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%