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 -17.92% downside from SG’s last price of $37.90) 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 -17.92% downside from SG's last price of $37.90.
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% | 2.90% |
| Aug 15, 2024 | Brian Bittner | Oppenheimer | $40.00 | $35.61 | 12.33% | 5.54% |
| Aug 09, 2024 | Brian Bittner | Oppenheimer | $36.00 | $32.53 | 10.67% | -5.01% |
| Jul 17, 2024 | Dennis Geiger | UBS | $31.00 | $26.81 | 15.63% | -18.21% |
| Jul 16, 2024 | Brian Harbour | Morgan Stanley | $25.00 | $26.81 | -6.75% | -34.04% |
| Jun 13, 2024 | Christine Cho | Goldman Sachs | $39.00 | $33.91 | 15.01% | 2.90% |
| Jun 07, 2024 | Christopher Carril | RBC Capital | $45.00 | $34.47 | 30.55% | 18.73% |
| May 13, 2024 | Katherine Griffin | Griffin | $36.00 | $31.56 | 14.07% | -5.01% |
| May 10, 2024 | Christopher Carril | RBC Capital | $35.00 | $33.45 | 4.65% | -7.65% |
| Apr 01, 2024 | Brian Bittner | Oppenheimer | $34.00 | $25.26 | 34.60% | -10.29% |
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 2.90% increase from SG last price ($37.90).
Sweetgreen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 10 |
| Avg Price Target | - | - | $36.00 |
| Last Closing Price | $37.90 | $37.90 | $37.90 |
| Upside/Downside | -100.00% | -100.00% | -5.01% |
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 $37.90. 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 |
|---|---|---|---|---|
| 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 |
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 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 | $231.25M | $239.21M | $253.39M | $213.37M | $193.21M | $203.35M | $213.76M | $181.62M | $163.40M | $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 | $236.76M | $244.91M | $259.43M | $218.45M | $197.82M | $208.20M | $218.85M | $183.52M | $164.59M | $175.69M | $180.79M | $152.02M | $153.48M | $154.62M | $159.92M | $129.08M | $127.70M | $129.44M | $129.19M | $101.57M | $84.70M | $227.00M | $464.32M |
| Low Forecast | $227.70M | $235.54M | $249.50M | $210.09M | $190.25M | $200.23M | $210.48M | $179.63M | $161.21M | $175.23M | $180.79M | $152.02M | $149.90M | $154.62M | $153.80M | $124.14M | $122.82M | $129.44M | $129.19M | $101.57M | $84.70M | $151.33M | $309.55M |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 7 | 3 | 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 | 2 | 2 | 2 | 5 | 7 | 3 | 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 | $-66.28M | $-68.57M | $-72.63M | $-61.16M | $-55.38M | $-58.29M | $-61.27M | $-52.06M | $-46.84M | $-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 | $-65.27M | $-67.52M | $-71.52M | $-60.22M | $-54.53M | $-57.39M | $-60.33M | $-51.49M | $-46.21M | $-50.23M | $-51.82M | $-43.57M | $-42.97M | $-44.32M | $-44.09M | $-35.58M | $-35.20M | $-35.08M | $-35.01M | $-28.59M | $-22.95M | $-391.88M | $139.49M |
| Low Forecast | $-67.86M | $-70.20M | $-74.36M | $-62.62M | $-56.70M | $-59.68M | $-62.73M | $-52.60M | $-47.18M | $-50.36M | $-51.82M | $-43.57M | $-43.99M | $-44.32M | $-45.84M | $-37.00M | $-36.61M | $-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 | 2 | 2 | 2 | 5 | 7 | 3 | 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 | $-12.85M | $-5.90M | $2.70M | $-12.93M | $-16.39M | $-9.42M | $-2.93M | $-15.38M | $-23.05M | $-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 | $-12.60M | $-5.78M | $2.79M | $-12.67M | $-16.06M | $-9.23M | $-2.87M | $-15.07M | $-18.86M | $-14.35M | $-10.30M | $-19.81M | $-15.06M | $-24.07M | $-20.10M | $-39.41M | $-44.44M | $-41.33M | $-34.32M | $-36.55M | $-74.80M | $-387.41M | $107.47M |
| Low Forecast | $-13.25M | $-6.08M | $2.65M | $-13.33M | $-16.90M | $-9.71M | $-3.02M | $-15.69M | $-26.20M | $-15.09M | $-10.83M | $-20.84M | $-37.06M | $-25.32M | $-21.15M | $-41.46M | $-46.75M | $-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 | 2 | 2 | 2 | 5 | 7 | 3 | 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 | $82.84M | $85.69M | $90.77M | $76.43M | $69.21M | $72.85M | $76.57M | $65.06M | $58.53M | $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 | $84.81M | $87.73M | $92.93M | $78.25M | $70.86M | $74.58M | $78.40M | $65.74M | $58.96M | $62.94M | $64.76M | $54.46M | $54.98M | $55.39M | $57.29M | $46.24M | $45.75M | $46.37M | $46.28M | $55.35M | $30.34M | $81.32M | $166.33M |
| Low Forecast | $81.57M | $84.38M | $89.38M | $75.26M | $68.15M | $71.73M | $75.40M | $64.35M | $57.75M | $62.77M | $64.76M | $54.46M | $53.70M | $55.39M | $55.10M | $44.47M | $44.00M | $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 | 2 | 2 | 2 | 5 | 7 | 3 | 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 | $-0.11 | $-0.05 | $0.02 | $-0.11 | $-0.14 | $-0.08 | $-0.03 | $-0.13 | $-0.20 | $-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 | $-0.11 | $-0.05 | $0.02 | $-0.11 | $-0.14 | $-0.08 | $-0.03 | $-0.13 | $-0.16 | $-0.13 | $-0.09 | $-0.17 | $-0.13 | $-0.21 | $-0.18 | $-0.34 | $-0.39 | $-0.36 | $-0.30 | $-0.39 | $-0.66 | $1.67 | $0.47 |
| Low Forecast | $-0.12 | $-0.05 | $0.02 | $-0.12 | $-0.15 | $-0.08 | $-0.03 | $-0.14 | $-0.23 | $-0.13 | $-0.09 | $-0.18 | $-0.32 | $-0.22 | $-0.18 | $-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 | $12.59 | $23.57 | 87.21% | Hold |
| PZZA | Papa John's | $47.31 | $75.00 | 58.53% | Buy |
| JACK | Jack in the Box | $45.60 | $71.75 | 57.35% | Buy |
| DENN | Denny's | $6.27 | $9.00 | 43.54% | Buy |
| WEN | Wendy's Company | $17.92 | $22.88 | 27.68% | Buy |
| BJRI | BJ's Restaurants | $34.13 | $39.60 | 16.03% | Buy |
| DPZ | Domino's Pizza | $438.97 | $484.20 | 10.30% | Buy |
| CHUY | Chuy's | $37.48 | $39.25 | 4.72% | Hold |
| WING | Wingstop | $333.21 | $348.24 | 4.51% | Buy |
| CMG | Chipotle Mexican Grill | $58.88 | $56.59 | -3.89% | Buy |
| SHAK | Shake Shack | $119.27 | $109.19 | -8.45% | Hold |
| SG | Sweetgreen | $37.90 | $31.11 | -17.92% | Buy |
| BROS | Dutch Bros | $52.62 | $43.00 | -18.28% | Buy |
| EAT | Brinker | $124.74 | $69.10 | -44.60% | Hold |