Sweetgreen (SG) Stock Forecast, Price Target & Predictions
SG Stock Forecast
Sweetgreen stock forecast is as follows: an average price target of $33.75 (represents a -3.98% downside from SG’s last price of $35.15) 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 $33.75 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 $25.00. This represents a potential -3.98% downside from SG's last price of $35.15.
SG Analyst Ratings
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%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 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% | 10.95% |
| Aug 15, 2024 | Brian Bittner | Oppenheimer | $40.00 | $35.61 | 12.33% | 13.80% |
| Aug 09, 2024 | Brian Bittner | Oppenheimer | $36.00 | $32.53 | 10.67% | 2.42% |
| Jul 17, 2024 | Dennis Geiger | UBS | $31.00 | $26.81 | 15.63% | -11.81% |
| Jul 16, 2024 | Brian Harbour | Morgan Stanley | $25.00 | $26.81 | -6.75% | -28.88% |
| Jun 13, 2024 | Christine Cho | Goldman Sachs | $39.00 | $33.91 | 15.01% | 10.95% |
| Jun 07, 2024 | Christopher Carril | RBC Capital | $45.00 | $34.47 | 30.55% | 28.02% |
| May 13, 2024 | Katherine Griffin | Griffin | $36.00 | $31.56 | 14.07% | 2.42% |
| May 10, 2024 | Christopher Carril | RBC Capital | $35.00 | $33.45 | 4.65% | -0.43% |
| Apr 01, 2024 | Brian Bittner | Oppenheimer | $34.00 | $25.26 | 34.60% | -3.27% |
| Jul 31, 2023 | Brian Mullan | Piper Sandler | $19.00 | $15.16 | 25.29% | -45.95% |
| Feb 07, 2023 | Citigroup | $13.00 | $10.88 | 19.49% | -63.02% | |
| Feb 07, 2023 | Cowen & Co. | $12.00 | $11.02 | 8.89% | -65.86% |
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 10.95% increase from SG last price ($35.15).
Sweetgreen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 10 |
| Avg Price Target | - | - | $36.00 |
| Last Closing Price | $35.15 | $35.15 | $35.15 |
| Upside/Downside | -100.00% | -100.00% | 2.42% |
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 $35.15. 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 |
|---|---|---|---|---|
| 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 KeyBanc on Dec 11, 2024. The company Initialise its SG rating from "null" to "Sector Weight".
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 | $193.59M | $203.61M | $213.09M | $181.57M | $163.37M | $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 | $238.72M | $247.83M | $261.43M | $219.63M | $199.36M | $209.68M | $219.44M | $183.87M | $164.34M | $175.69M | $180.79M | $152.02M | $153.48M | $154.62M | $160.85M | $129.83M | $128.45M | $129.44M | $129.19M | $101.57M | $84.70M | $227.00M | $464.32M |
| Low Forecast | $227.52M | $236.20M | $249.17M | $209.33M | $190.01M | $199.84M | $209.15M | $178.14M | $162.42M | $175.23M | $180.79M | $152.02M | $149.90M | $154.62M | $153.31M | $123.74M | $122.42M | $129.44M | $129.19M | $101.57M | $84.70M | $151.33M | $309.55M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 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 | $-55.49M | $-58.36M | $-61.08M | $-52.05M | $-46.83M | $-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 | $-65.22M | $-67.71M | $-71.42M | $-60.00M | $-54.46M | $-57.28M | $-59.95M | $-51.06M | $-46.56M | $-50.23M | $-51.82M | $-43.57M | $-42.97M | $-44.32M | $-43.95M | $-35.47M | $-35.09M | $-35.08M | $-35.01M | $-28.59M | $-22.95M | $-391.88M | $139.49M |
| Low Forecast | $-68.43M | $-71.04M | $-74.94M | $-62.96M | $-57.14M | $-60.10M | $-62.90M | $-52.71M | $-47.11M | $-50.36M | $-51.82M | $-43.57M | $-43.99M | $-44.32M | $-46.11M | $-37.21M | $-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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 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 | $-17.48M | $-10.03M | $-3.50M | $-16.53M | $-23.76M | $-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 | $-13.96M | $-6.45M | $3.06M | $-13.64M | $-17.06M | $-9.79M | $-3.41M | $-14.58M | $-20.36M | $-14.29M | $-10.25M | $-19.72M | $-15.06M | $-23.97M | $-20.02M | $-39.25M | $-44.25M | $-41.33M | $-34.32M | $-36.55M | $-74.80M | $-387.41M | $107.47M |
| Low Forecast | $-14.86M | $-6.87M | $2.88M | $-14.52M | $-18.16M | $-10.42M | $-3.63M | $-17.50M | $-28.28M | $-15.20M | $-10.91M | $-20.99M | $-37.06M | $-25.51M | $-21.31M | $-41.77M | $-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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 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 | $69.35M | $72.94M | $76.33M | $65.04M | $58.52M | $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 | $85.51M | $88.78M | $93.65M | $78.68M | $71.42M | $75.11M | $78.61M | $65.87M | $58.87M | $62.94M | $64.76M | $54.46M | $54.98M | $55.39M | $57.62M | $46.51M | $46.01M | $46.37M | $46.28M | $55.35M | $30.34M | $81.32M | $166.33M |
| Low Forecast | $81.50M | $84.61M | $89.26M | $74.99M | $68.07M | $71.59M | $74.92M | $63.81M | $58.18M | $62.77M | $64.76M | $54.46M | $53.70M | $55.39M | $54.92M | $44.33M | $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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 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 | $-0.03 | $-0.14 | $-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 | $-0.03 | $-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 | $-0.09 | $-0.03 | $-0.15 | $-0.25 | $-0.13 | $-0.10 | $-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 |
|---|---|---|---|---|---|
| BLMN | Bloomin' Brands | $12.60 | $20.00 | 58.73% | Hold |
| JACK | Jack in the Box | $42.85 | $61.33 | 43.13% | Buy |
| WING | Wingstop | $295.84 | $419.00 | 41.63% | Buy |
| PZZA | Papa John's | $41.96 | $58.50 | 39.42% | Buy |
| DENN | Denny's | $6.26 | $7.50 | 19.81% | Buy |
| WEN | Wendy's Company | $17.06 | $19.22 | 12.66% | Buy |
| DPZ | Domino's Pizza | $446.74 | $488.71 | 9.39% | Buy |
| BJRI | BJ's Restaurants | $37.33 | $39.60 | 6.08% | Buy |
| CMG | Chipotle Mexican Grill | $64.29 | $63.81 | -0.75% | Buy |
| SG | Sweetgreen | $35.88 | $33.75 | -5.94% | Buy |
| SHAK | Shake Shack | $129.19 | $119.00 | -7.89% | Hold |
| BROS | Dutch Bros | $52.96 | $41.00 | -22.58% | Buy |
| EAT | Brinker | $133.77 | $100.50 | -24.87% | Hold |