Sweetgreen (NYSE:SG) Shares Down 4.1% – Here’s What Happened

Posted by Brenda Bartman on Aug 3rd, 2026

Sweetgreen, Inc. (NYSE:SG – Get Free Report) shares were down 4.1% during trading on Monday . The stock traded as low as $6.38 and last traded at $6.1830. Approximately 1,010,366 shares changed hands during trading, a decline of 79% from the average daily volume of 4,878,371 shares. The stock had previously closed at $6.45.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Sweetgreen from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $8.00 to $13.00 in a research report on Friday, May 22nd. Oppenheimer upped their target price on shares of Sweetgreen from $9.00 to $10.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. DA Davidson raised their price target on Sweetgreen from $5.50 to $7.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. UBS Group boosted their price target on Sweetgreen from $6.50 to $7.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Weiss Ratings raised Sweetgreen from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 22nd. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $7.72.

Check Out Our Latest Analysis on Sweetgreen

Sweetgreen Stock Performance

The company has a market cap of $712.39 million, a PE ratio of 49.80 and a beta of 2.20. The stock’s 50-day simple moving average is $8.07 and its 200 day simple moving average is $6.91.

Sweetgreen (NYSE:SG – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.04). Sweetgreen had a net margin of 2.49% and a negative return on equity of 33.07%. The firm had revenue of $161.52 million during the quarter, compared to analysts’ expectations of $163.94 million. During the same period in the previous year, the firm earned ($0.21) EPS. The firm’s revenue was down 2.9% on a year-over-year basis. On average, sell-side analysts predict that Sweetgreen, Inc. will post -0.51 EPS for the current fiscal year.

Institutional Investors Weigh In On Sweetgreen

Institutional investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC increased its position in Sweetgreen by 165.8% during the 3rd quarter. Larson Financial Group LLC now owns 3,766 shares of the company’s stock worth $30,000 after purchasing an additional 2,349 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Sweetgreen in the 1st quarter valued at approximately $38,000. CWM LLC boosted its stake in shares of Sweetgreen by 212.2% in the fourth 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. Caitong International Asset Management Co. Ltd boosted its stake in shares of Sweetgreen by 281.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 7,912 shares of the company’s stock valued at $53,000 after buying an additional 5,839 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC acquired a new position in Sweetgreen during the first quarter worth $56,000. Hedge funds and other institutional investors own 95.75% of the company’s stock.

Sweetgreen Company Profile

(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.