Sweetgreen, Inc. (NYSE:SG) Stock Has Consensus Price Target of $7.27

Posted by Stanley Muller on Oct 2nd, 2026

Sweetgreen, Inc. (NYSE:SG – Get Free Report) has been given a consensus rating of “Hold” by the nineteen ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $7.83.

Several brokerages have issued reports on SG. KeyCorp upgraded Sweetgreen from a “sector weight” rating to an “overweight” rating and set a $9.00 target price on the stock in a research note on Tuesday, September 8th. TD Cowen lifted their price objective on Sweetgreen from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Friday, September 11th. Royal Bank Of Canada boosted their price objective on Sweetgreen from $6.50 to $11.00 and gave the company an “outperform” rating in a research note on Tuesday. Wall Street Zen raised shares of Sweetgreen from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Finally, Weiss Ratings lowered shares of Sweetgreen from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th.

Read Our Latest Research Report on SG

Sweetgreen Stock Down 2.4%

Shares of SG stock opened at $8.66 on Friday. The firm has a market cap of $1.03 billion, a P/E ratio of 86.58 and a beta of 2.16. The company has a 50 day moving average of $6.79 and a 200-day moving average of $7.14. Sweetgreen has a 12-month low of $4.49 and a 12-month high of $10.63.

Sweetgreen (NYSE:SG – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.09). Sweetgreen had a net margin of 2.01% and a negative return on equity of 32.94%. The firm had revenue of $192.66 million during the quarter, compared to analysts’ expectations of $194.50 million. During the same quarter in the previous year, the company posted ($0.20) EPS. Sweetgreen’s revenue for the quarter was up 3.8% on a year-over-year basis. As a group, equities analysts expect that Sweetgreen will post -1.03 EPS for the current year.

Insider Buying and Selling

In related news, COO Jason Miles Cochran sold 4,809 shares of Sweetgreen stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $6.21, for a total value of $29,863.89. Following the completion of the transaction, the chief operating officer directly owned 207,076 shares in the company, valued at approximately $1,285,941.96. The trade was a 2.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jamie McConnell sold 15,033 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $6.21, for a total transaction of $93,354.93. Following the sale, the chief financial officer directly owned 210,489 shares in the company, valued at $1,307,136.69. The trade was a 6.67% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 18.19% of the company’s stock.

Hedge Funds Weigh In On Sweetgreen

Several hedge funds have recently made changes to their positions in the stock. Eastern Bank lifted its stake in Sweetgreen by 29.1% in the second quarter. Eastern Bank now owns 25,224 shares of the company’s stock worth $222,000 after purchasing an additional 5,693 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Sweetgreen during the first quarter valued at approximately $38,000. Versant Capital Management Inc raised its holdings in shares of Sweetgreen by 241.5% in the second quarter. Versant Capital Management Inc now owns 10,518 shares of the company’s stock worth $93,000 after buying an additional 7,438 shares during the period. Aspen Grove Capital LLC lifted its stake in shares of Sweetgreen by 36.4% during the 1st quarter. Aspen Grove Capital LLC now owns 30,000 shares of the company’s stock worth $156,000 after acquiring an additional 8,000 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Sweetgreen during the 2nd quarter worth approximately $90,000. 95.75% of the stock is currently owned by hedge funds and other institutional investors.

About Sweetgreen

(Get Free Report)

Sweetgreen, Inc operates a fast-casual restaurant chain focused on fresh, plant-forward meals. Its menu includes salads, grain bowls, warm bowls, sides, beverages and seasonal offerings prepared with a focus on whole ingredients and customizable combinations.

The company serves customers through company-operated restaurants and digital channels, including its website and mobile application for ordering, pickup and delivery. Sweetgreen has also developed automated restaurant technology, including its Infinite Kitchen platform, which is designed to support food preparation and restaurant operations.

Sweetgreen was founded in 2007 in Washington, DC, by Jonathan Neman, Nicolas Jammet and Nathaniel Ru.