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Sweetgreen, Inc. (SG)
NYSE: SG · IEX Real-Time Price · USD
24.52
+1.76 (7.73%)
At close: Apr 26, 2024, 4:00 PM
24.69
+0.17 (0.69%)
After-hours: Apr 26, 2024, 7:55 PM EDT

Sweetgreen Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Sweetgreen stock have an average target of 20.22, with a low estimate of 13 and a high estimate of 34. The average target predicts a decrease of -17.54% from the current stock price of 24.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $13 $20.22 $19 $34
Change -46.98% -17.54% -22.51% +38.66%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 221111
Buy 444455
Hold 332222
Sell 001111
Strong Sell 000000
Total 998899

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Brian Harbour
Morgan Stanley
 Morgan Stanley
Sell
Maintains
$11 → $16
 Sell Maintains $11 → $16 -34.75% Apr 12, 2024
Andrew Charles
TD Cowen
 TD Cowen
Hold
Reiterates
$22
 Hold Reiterates $22 -10.28% Apr 12, 2024
Andrew Charles
TD Cowen
 TD Cowen
Hold
Maintains
$17 → $22
 Hold Maintains $17 → $22 -10.28% Apr 11, 2024
Andrew Charles
TD Cowen
 TD Cowen
Hold
Reiterates
$17
 Hold Reiterates $17 -30.67% Apr 10, 2024
Brian Bittner
Oppenheimer
 Oppenheimer
Buy
Maintains
$17 → $34
 Buy Maintains $17 → $34 +38.66% Apr 1, 2024
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
274.15M220.62M339.87M470.11M584.04M685.01M793.17M921.23M1.12B1.39B
Revenue Growth
--19.53%54.06%38.32%24.24%17.29%15.79%16.15%21.79%23.89%
EPS
-4.50-8.80-5.51-1.73-1.01-0.51-0.38-0.44-0.52-0.47
EPS Growth
----------
No. Analysts -----1212644
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 704.6M 820.1M 968.8M 1.1B 1.4B
Avg 685.0M 793.2M 921.2M 1.1B 1.4B
Low 648.2M 737.9M 860.4M 1.1B 1.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
20.6%
19.7%
22.1%
24.2%
26.3%
Avg
17.3%
15.8%
16.1%
21.8%
23.9%
Low
11.0%
7.7%
8.5%
15.9%
17.8%

EPS Forecast

EPS 20242025202620272028
High -0.30 -0.19 -0.43 -0.53 -0.48
Avg -0.51 -0.38 -0.44 -0.52 -0.47
Low -0.79 -0.54 -0.43 -0.49 -0.45

EPS Growth

EPS Growth 20242025202620272028
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.