Sweetgreen (NYSE:SG) Stock Price Down 7.9% – Time to Sell?

Posted by Brian Himes on Jul 20th, 2026

Shares of Sweetgreen, Inc. (NYSE:SG – Get Free Report) dropped 7.9% on Monday . The stock traded as low as $6.58 and last traded at $6.5190. Approximately 1,307,409 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 4,839,057 shares. The stock had previously closed at $7.08.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on SG shares. DA Davidson raised their price objective on Sweetgreen from $5.50 to $7.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. TD Cowen lifted their target price on Sweetgreen from $7.00 to $8.00 and gave the company a “hold” rating in a research note on Wednesday, May 27th. Citigroup reiterated a “buy” rating on shares of Sweetgreen in a research report on Monday. Weiss Ratings upgraded Sweetgreen from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 22nd. Finally, UBS Group increased their target price on Sweetgreen from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $7.57.

View Our Latest Stock Report on Sweetgreen

Sweetgreen Stock Down 8.0%

The business has a 50-day simple moving average of $8.39 and a two-hundred day simple moving average of $6.97. The stock has a market capitalization of $774.18 million, a price-to-earnings ratio of 54.30 and a beta of 2.17.

Sweetgreen (NYSE:SG – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.04). Sweetgreen had a negative return on equity of 33.07% and a net margin of 2.49%.The business had revenue of $161.52 million during the quarter, compared to the consensus estimate of $163.94 million. During the same quarter last year, the firm posted ($0.21) earnings per share. Sweetgreen’s revenue was down 2.9% compared to the same quarter last year. On average, analysts forecast that Sweetgreen, Inc. will post -0.76 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Ibex Investors LLC grew its holdings in shares of Sweetgreen by 5,058.7% during the fourth quarter. Ibex Investors LLC now owns 825,400 shares of the company’s stock valued at $5,580,000 after buying an additional 809,400 shares in the last quarter. Capelight Capital Asset Management LP acquired a new stake in Sweetgreen in the fourth quarter valued at approximately $676,000. MYDA Advisors LLC bought a new stake in Sweetgreen in the fourth quarter worth $676,000. BNP Paribas Financial Markets increased its holdings in shares of Sweetgreen by 35.6% during the 4th quarter. BNP Paribas Financial Markets now owns 2,295,867 shares of the company’s stock valued at $15,520,000 after acquiring an additional 603,029 shares during the last quarter. Finally, Havemeyer Place LP bought a new position in shares of Sweetgreen in the 4th quarter valued at approximately $464,000. Institutional investors and hedge funds own 95.75% of the company’s stock.

About Sweetgreen

(Get Free Report)

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.