Sweetgreen (NYSE:SG) Price Target Cut to $9.00 by Analysts at Oppenheimer

Sweetgreen (NYSE:SG) had its price objective lowered by stock analysts at Oppenheimer from $10.00 to $9.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer’s price target indicates a potential upside of 58.84% from the stock’s previous close.

SG has been the topic of several other research reports. Sanford C. Bernstein set a $7.00 price objective on shares of Sweetgreen in a research note on Wednesday, January 7th. Piper Sandler decreased their price target on shares of Sweetgreen from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Morgan Stanley reduced their price objective on Sweetgreen from $10.00 to $9.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Weiss Ratings restated a “sell (e+)” rating on shares of Sweetgreen in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $8.00 price target on shares of Sweetgreen in a report on Tuesday, December 9th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Sweetgreen presently has a consensus rating of “Hold” and a consensus price target of $8.51.

Sweetgreen Trading Down 7.7%

SG stock traded down $0.47 on Friday, hitting $5.67. The company had a trading volume of 4,394,676 shares, compared to its average volume of 4,281,450. Sweetgreen has a 12-month low of $4.99 and a 12-month high of $27.15. The stock has a market cap of $670.68 million, a price-to-earnings ratio of -5.85 and a beta of 1.92. The stock’s 50-day simple moving average is $6.55 and its 200 day simple moving average is $7.27.

Sweetgreen (NYSE:SG) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.11). Sweetgreen had a negative net margin of 16.55% and a negative return on equity of 25.67%. The firm had revenue of $155.19 million for the quarter, compared to the consensus estimate of $159.59 million. During the same period in the previous year, the company earned ($0.25) earnings per share. Sweetgreen’s quarterly revenue was down 3.5% compared to the same quarter last year. Research analysts forecast that Sweetgreen will post -0.74 earnings per share for the current year.

Institutional Investors Weigh In On Sweetgreen

A number of hedge funds have recently made changes to their positions in SG. Nisa Investment Advisors LLC boosted its position in shares of Sweetgreen by 98.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,129 shares of the company’s stock valued at $32,000 after acquiring an additional 1,055 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Sweetgreen by 312.3% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,808 shares of the company’s stock worth $42,000 after buying an additional 2,127 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Sweetgreen by 165.8% in the 3rd quarter. Larson Financial Group LLC now owns 3,766 shares of the company’s stock worth $30,000 after buying an additional 2,349 shares in the last quarter. Bogart Wealth LLC increased its holdings in shares of Sweetgreen by 1,150.0% in the 3rd quarter. Bogart Wealth LLC now owns 5,000 shares of the company’s stock worth $40,000 after buying an additional 4,600 shares during the last quarter. Finally, CWM LLC raised its position in shares of Sweetgreen by 212.2% during the 4th quarter. CWM LLC now owns 7,333 shares of the company’s stock valued at $50,000 after buying an additional 4,984 shares in the last quarter. 95.75% of the stock is currently owned by hedge funds and other institutional investors.

More Sweetgreen News

Here are the key news stories impacting Sweetgreen this week:

• Positive Sentiment: Management laid out a clear transformation plan for 2026 focused on menu innovation and operational changes that could stabilize comps and margins if execution improves. Read More.
• Neutral Sentiment: Sweetgreen held an earnings call and published full transcripts, providing detail on the company’s initiatives and cost actions — useful for investors assessing execution risk and timing. Read More.
• Neutral Sentiment: Company commentary in call highlights management’s focus on restoring traffic and simplifying operations; these are strategic but will likely take quarters to show meaningful financial improvement. Read More.
• Negative Sentiment: Q4 results missed expectations: GAAP loss of $0.42/sh vs. consensus -$0.31, revenue $155.2M vs. $159.6M estimate, and revenue down 3.5% y/y — signaling near-term revenue pressure. Read More.
• Negative Sentiment: Same-store sales plunged (company reported an ~11.5% comp decline in Q4) and traffic dropped sharply — the core demand weakness is the primary driver of the stock decline. Read More.
• Negative Sentiment: Analysts and coverage note the miss widens the path to profitability; independent write-ups flag the miss and worsening margins (negative ROE, negative net margin), weighing on investor confidence. Read More.

Sweetgreen Company Profile

Sweetgreen, Inc is a fast-casual restaurant chain specializing in salads, grain bowls and warm bowls that emphasize fresh, locally sourced ingredients. Since its founding in 2007 by Jonathan Neman, Nicolas Jammet and Nathaniel Ru, Sweetgreen has focused on sustainable agriculture, working with regional farmers across the United States to provide seasonal produce and promote environmentally responsible sourcing practices. The company’s menu features a variety of plant-forward options, including custom-build salads, chef-curated bowls and limited-time offerings that reflect changing harvests.

Sweetgreen operates a technology-driven service model that combines in-store experiences with digital ordering through its mobile app and website.