Sweetgreen (SG) Stock Forecast, Price Target & Predictions

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SG Stock Forecast

Sweetgreen stock forecast is as follows: an average price target of $39.50 (represents a 17.18% upside from SG’s last price of $33.71) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

SG Price Target

The average price target for Sweetgreen (SG) is $39.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $39.00. This represents a potential 17.18% upside from SG's last price of $33.71.

SG Analyst Ratings

Buy

According to 10 Wall Street analysts, Sweetgreen's rating consensus is 'Buy'. The analyst rating breakdown for SG stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 3 'Hold' (30.00%), 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%	15.69%
Aug 15, 2024	Brian Bittner	Oppenheimer	$40.00	$35.61	12.33%	18.66%
Aug 09, 2024	Brian Bittner	Oppenheimer	$36.00	$32.53	10.67%	6.79%
Jul 17, 2024	Dennis Geiger	UBS	$31.00	$26.81	15.63%	-8.04%
Jul 16, 2024	Brian Harbour	Morgan Stanley	$25.00	$26.81	-6.75%	-25.84%
Jun 13, 2024	Christine Cho	Goldman Sachs	$39.00	$33.91	15.01%	15.69%
Jun 07, 2024	Christopher Carril	RBC Capital	$45.00	$34.47	30.55%	33.49%
May 13, 2024	Katherine Griffin	Griffin	$36.00	$31.56	14.07%	6.79%
May 10, 2024	Christopher Carril	RBC Capital	$35.00	$33.45	4.65%	3.83%
Apr 01, 2024	Brian Bittner	Oppenheimer	$34.00	$25.26	34.60%	0.86%
Jul 31, 2023	Brian Mullan	Piper Sandler	$19.00	$15.16	25.29%	-43.64%
Feb 07, 2023		Citigroup	$13.00	$10.88	19.49%	-61.44%
Feb 07, 2023		Cowen & Co.	$12.00	$11.02	8.89%	-64.40%

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 15.69% increase from SG last price ($33.71).

Sweetgreen Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	10
Avg Price Target	-	-	$36.00
Last Closing Price	$33.71	$33.71	$33.71
Upside/Downside	-100.00%	-100.00%	6.79%

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 $33.71. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jan 10, 2025	Citigroup	Neutral	Buy	Upgrade
Dec 11, 2024	KeyBanc		Sector Weight	Initialise
Sep 27, 2024	UBS	Buy	Buy	Hold
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
Jun 03, 2024	RBC Capital	Market Perform	Market Perform	Hold
May 10, 2024	Morgan Stanley	Underweight	Underweight	Hold
May 10, 2024	RBC Capital	Outperform	Outperform	Hold
May 10, 2024	Cowen & Co.	Hold	Hold	Hold
Apr 30, 2024	RBC Capital	Market Perform	Market Perform	Hold
Apr 29, 2024	Citigroup	Neutral	Neutral	Hold
Apr 12, 2024	Morgan Stanley	Underweight	Underweight	Hold
Apr 11, 2024	Cowen & Co.	Hold	Hold	Hold
Apr 01, 2024	Oppenheimer	Outperform	Outperform	Hold
Jul 31, 2023	Piper Sandler		Overweight	Upgrade
Jul 06, 2023	Bank of America Securities		Buy	Upgrade
Feb 07, 2023	Citigroup	Neutral	Neutral	Hold
Feb 07, 2023	Cowen & Co.		Market Perform	Downgrade

Sweetgreen's last stock rating was published by Citigroup on Jan 10, 2025. The company Upgrade its SG rating from "Neutral" 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	$231.81M	$240.66M	$253.87M	$213.27M	$193.80M	$203.86M	$213.11M	$181.31M	$163.32M	$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	$238.09M	$247.17M	$260.74M	$219.05M	$199.04M	$209.38M	$218.88M	$183.81M	$164.28M	$175.69M	$180.79M	$152.02M	$153.48M	$154.62M	$160.43M	$129.49M	$128.45M	$129.44M	$129.19M	$101.57M	$84.70M	$227.00M	$464.32M
Low Forecast	$227.04M	$235.71M	$248.65M	$208.89M	$189.81M	$199.67M	$208.73M	$178.08M	$161.58M	$175.23M	$180.79M	$152.02M	$149.90M	$154.62M	$152.99M	$123.48M	$122.42M	$129.44M	$129.19M	$101.57M	$84.70M	$151.33M	$309.55M
# Analysts	4	4	4	4	3	3	3	8	8	4	3	3	6	3	3	3	3	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 $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 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	4	4	4	4	3	3	3	8	8	4	3	3	6	3	3	3	3	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	$-66.45M	$-68.98M	$-72.77M	$-61.13M	$-55.55M	$-58.43M	$-61.09M	$-51.97M	$-46.81M	$-50.29M	$-51.82M	$-43.57M	$-43.58M	$-44.32M	$-44.77M	$-36.14M	$-35.75M	$-35.08M	$-35.01M	$-35.73M	$-22.95M	$-489.84M	$116.25M
High Forecast	$-65.08M	$-67.56M	$-71.27M	$-59.88M	$-54.41M	$-57.23M	$-59.83M	$-51.04M	$-46.31M	$-50.23M	$-51.82M	$-43.57M	$-42.97M	$-44.32M	$-43.85M	$-35.39M	$-35.09M	$-35.08M	$-35.01M	$-28.59M	$-22.95M	$-391.88M	$139.49M
Low Forecast	$-68.25M	$-70.85M	$-74.74M	$-62.79M	$-57.05M	$-60.02M	$-62.74M	$-52.69M	$-47.09M	$-50.36M	$-51.82M	$-43.57M	$-43.99M	$-44.32M	$-45.99M	$-37.12M	$-36.82M	$-35.08M	$-35.01M	$-42.88M	$-22.95M	$-587.81M	$93.00M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.27%	0.20%	0.28%	0.53%	0.96%	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 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	4	4	4	4	3	3	3	8	8	4	3	3	6	3	3	3	3	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	$-14.31M	$-6.61M	$2.95M	$-13.98M	$-17.36M	$-10.72M	$-4.17M	$-16.94M	$-23.82M	$-14.64M	$-10.51M	$-20.21M	$-26.64M	$-24.56M	$-20.51M	$-40.22M	$-45.34M	$-41.33M	$-34.32M	$-45.69M	$-74.80M	$-484.26M	$89.56M
High Forecast	$-13.92M	$-6.44M	$3.05M	$-13.60M	$-16.89M	$-10.44M	$-4.06M	$-14.82M	$-20.42M	$-14.25M	$-10.23M	$-19.67M	$-15.06M	$-23.91M	$-19.97M	$-39.14M	$-44.25M	$-41.33M	$-34.32M	$-36.55M	$-74.80M	$-387.41M	$107.47M
Low Forecast	$-14.81M	$-6.84M	$2.87M	$-14.47M	$-17.97M	$-11.10M	$-4.32M	$-19.06M	$-28.36M	$-15.15M	$-10.88M	$-20.92M	$-37.06M	$-25.43M	$-21.24M	$-41.63M	$-47.10M	$-41.33M	$-34.32M	$-54.82M	$-74.80M	$-581.12M	$71.65M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.02%	1.33%	0.84%	1.09%	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 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	4	4	4	4	3	3	3	8	8	4	3	3	6	3	3	3	3	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	$83.04M	$86.21M	$90.94M	$76.40M	$69.42M	$73.03M	$76.34M	$64.95M	$58.50M	$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	$85.29M	$88.54M	$93.40M	$78.47M	$71.30M	$75.00M	$78.41M	$65.84M	$58.85M	$62.94M	$64.76M	$54.46M	$54.98M	$55.39M	$57.47M	$46.39M	$46.01M	$46.37M	$46.28M	$55.35M	$30.34M	$81.32M	$166.33M
Low Forecast	$81.33M	$84.44M	$89.07M	$74.83M	$68.00M	$71.53M	$74.77M	$63.79M	$57.88M	$62.77M	$64.76M	$54.46M	$53.70M	$55.39M	$54.80M	$44.23M	$43.85M	$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 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	4	4	4	4	3	3	3	8	8	4	3	3	6	3	3	3	3	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	$-0.12	$-0.06	$0.03	$-0.12	$-0.15	$-0.09	$-0.04	$-0.15	$-0.21	$-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	$-0.12	$-0.06	$0.03	$-0.12	$-0.15	$-0.09	$-0.04	$-0.13	$-0.18	$-0.12	$-0.09	$-0.17	$-0.13	$-0.21	$-0.17	$-0.34	$-0.39	$-0.36	$-0.30	$-0.39	$-0.66	$1.67	$0.47
Low Forecast	$-0.13	$-0.06	$0.03	$-0.13	$-0.16	$-0.10	$-0.04	$-0.17	$-0.25	$-0.13	$-0.09	$-0.18	$-0.32	$-0.22	$-0.19	$-0.36	$-0.41	$-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PZZA	Papa John's	$38.87	$58.50	50.50%	Buy
JACK	Jack in the Box	$39.36	$58.29	48.09%	Buy
BLMN	Bloomin' Brands	$12.70	$18.60	46.46%	Hold
WING	Wingstop	$303.70	$421.89	38.92%	Buy
WEN	Wendy's	$14.82	$18.35	23.82%	Buy
DENN	Denny's	$6.38	$7.50	17.55%	Buy
SG	Sweetgreen	$33.71	$39.50	17.18%	Buy
DPZ	Domino's Pizza	$427.78	$481.87	12.64%	Buy
CMG	Chipotle Mexican Grill	$58.27	$64.00	9.83%	Buy
BJRI	BJ's Restaurants	$36.53	$39.60	8.40%	Buy
SHAK	Shake Shack	$120.02	$124.11	3.41%	Hold
BROS	Dutch Bros	$61.86	$47.00	-24.02%	Buy
EAT	Brinker	$179.79	$110.91	-38.31%	Hold

SG Forecast FAQ

Is Sweetgreen a good buy?

Yes, according to 10 Wall Street analysts, Sweetgreen (SG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 70.00% of SG's total ratings.

What is SG's price target?

Sweetgreen (SG) average price target is $39.5 with a range of $39 to $40, implying a 17.18% from its last price of $33.71. The data is based on 10 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 up by 17.18% (from the last price of $33.71 to the average price target of $39.5), up by 18.66% based on the highest stock price target, and up by 15.69% based on the lowest stock price target.

Can Sweetgreen stock reach $50?

SG's average twelve months analyst stock price target of $39.5 does not support the claim that Sweetgreen can reach $50 in the near future.

What are Sweetgreen's analysts' financial forecasts?

Sweetgreen's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $792.08M (high $811.11M, low $776.28M), average EBITDA is $-227M (high $-223M, low $-232M), average net income is $-49.19M (high $-46.211M, low $-52.442M), average SG&A $283.74M (high $290.56M, low $278.08M), and average EPS is $-0.429 (high $-0.403, low $-0.457). SG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $939.61M (high $965.05M, low $920.29M), average EBITDA is $-269M (high $-264M, low $-277M), average net income is $-31.945M (high $-30.908M, low $-33.252M), average SG&A $336.59M (high $345.7M, low $329.67M), and average EPS is $-0.278 (high $-0.269, low $-0.29).

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 $-169M by -68.38%. The company's net income was $-113M, beating the average estimation of $-112M by 1.30%. 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 $-43.58M by -73.07%. Sweetgreen's net income was $-27.414M, beating the average estimation of $-26.64M by 2.91%. 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%