Sweetgreen, Inc. (SG)
NYSE: SG · IEX Real-Time Price · USD
31.75
-0.03 (-0.09%)
May 17, 2024, 4:00 PM EDT - Market closed
Sweetgreen Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Sweetgreen stock have an average target of 24.33, with a low estimate of 13 and a high estimate of 35. The average target predicts a decrease of -23.37% from the current stock price of 31.75.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Sweetgreen stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $25 → $28 | Hold | Maintains | $25 → $28 | -11.81% | May 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | -5.51% | May 10, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $16 → $17 | Sell | Maintains | $16 → $17 | -46.46% | May 10, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $35 | Buy | Maintains | $20 → $35 | +10.24% | May 10, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $22 → $26 | Hold | Maintains | $22 → $26 | -18.11% | May 10, 2024 |
Financial Forecast
Revenue This Year
685.01M
from 584.04M
Increased by 17.29%
Revenue Next Year
793.17M
from 685.01M
Increased by 15.79%
EPS This Year
-0.51
from -1.01
EPS Next Year
-0.38
from -0.51
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 704.6M | 820.1M | 968.8M | 1.1B | 1.3B |
| Avg | 685.0M | 793.2M | 921.2M | 1.1B | 1.3B |
| Low | 648.2M | 737.9M | 860.4M | 1.0B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.6% | 19.7% | 22.1% | 21.9% | 19.8% |
| Avg | 17.3% | 15.8% | 16.1% | 19.6% | 17.5% |
| Low | 11.0% | 7.7% | 8.5% | 13.8% | 11.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.30 | -0.19 | -0.43 | -0.41 | -0.33 |
| Avg | -0.51 | -0.38 | -0.44 | -0.40 | -0.32 |
| Low | -0.79 | -0.54 | -0.43 | -0.38 | -0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.