Oppenheimer Issues Pessimistic Forecast for Sweetgreen (NYSE:SG) Stock Price

Sweetgreen (NYSE:SG) had its price target lowered by equities research analysts at Oppenheimer from $10.00 to $9.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price target would suggest a potential upside of 62.31% from the company’s current price.

SG has been the subject of a number of other reports. Sanford C. Bernstein set a $7.00 price target on shares of Sweetgreen in a research note on Wednesday, January 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $8.00 target price on shares of Sweetgreen in a report on Tuesday, December 9th. Morgan Stanley lowered their target price on Sweetgreen from $10.00 to $9.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. JPMorgan Chase & Co. lifted their price target on Sweetgreen from $6.00 to $8.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Sweetgreen in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sweetgreen has an average rating of “Hold” and an average target price of $8.43.

Sweetgreen Stock Down 9.7%

Shares of Sweetgreen stock opened at $5.55 on Friday. The business has a 50 day moving average of $6.53 and a 200 day moving average of $7.23. Sweetgreen has a 52 week low of $4.99 and a 52 week high of $27.15. The company has a market cap of $656.36 million, a PE ratio of -4.86 and a beta of 1.92.

Sweetgreen (NYSE:SG) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.11). Sweetgreen had a negative net margin of 19.73% and a negative return on equity of 31.09%. The company had revenue of $155.19 million for the quarter, compared to analysts’ expectations of $159.59 million. During the same period in the previous year, the firm posted ($0.25) earnings per share. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. On average, research analysts anticipate that Sweetgreen will post -0.74 earnings per share for the current year.

Institutional Investors Weigh In On Sweetgreen

Several hedge funds have recently added to or reduced their stakes in SG. Vanguard Group Inc. increased its holdings in shares of Sweetgreen by 1.4% during the third quarter. Vanguard Group Inc. now owns 9,593,744 shares of the company’s stock valued at $76,558,000 after acquiring an additional 129,572 shares in the last quarter. Woodson Capital Management LP grew its position in Sweetgreen by 152.6% during the 4th quarter. Woodson Capital Management LP now owns 6,000,000 shares of the company’s stock valued at $40,560,000 after purchasing an additional 3,625,000 shares during the last quarter. Spyglass Capital Management LLC increased its stake in Sweetgreen by 4.0% during the 3rd quarter. Spyglass Capital Management LLC now owns 4,056,570 shares of the company’s stock valued at $32,371,000 after purchasing an additional 156,757 shares in the last quarter. Greenhouse Funds LLLP raised its holdings in Sweetgreen by 82.8% in the third quarter. Greenhouse Funds LLLP now owns 3,946,884 shares of the company’s stock worth $31,496,000 after buying an additional 1,788,175 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in shares of Sweetgreen by 1,428.8% in the third quarter. Marshall Wace LLP now owns 3,923,973 shares of the company’s stock worth $31,313,000 after buying an additional 3,667,306 shares in the last quarter. 95.75% of the stock is owned by institutional investors.

Trending Headlines about Sweetgreen

Here are the key news stories impacting Sweetgreen this week:

• Positive Sentiment: Oppenheimer cut its price target to $9 (from $10) but kept an “outperform” rating, citing upside versus the current price. Oppenheimer PT Cut
• Positive Sentiment: Royal Bank of Canada lowered its target to $7 (from $8) while retaining an “outperform” view, signaling analysts still see recovery potential. RBC PT Cut
• Neutral Sentiment: Company filed its formal Q4/fiscal 2025 results and press release outlining the quarter’s metrics and management commentary. This is the source document for the market move. BusinessWire Q4 Release
• Neutral Sentiment: Earnings call transcript and highlights are available for investors digging into management’s plan and commentary on the turnaround. Earnings Call Highlights
• Negative Sentiment: Q4 EPS missed expectations: reported a loss of $0.42 vs. consensus -$0.31, and revenue of $155.2M missed the ~$159.6M estimate; revenue declined ~3.5% year-over-year. MarketBeat Q4 Summary
• Negative Sentiment: Company guided 2026 same-store sales to decline ~4% to 2% as it pursues menu innovation and operational changes — a sign management expects near-term pressure. Guidance/SSS Decline
• Negative Sentiment: Reports and call notes indicate a sharp drop in customer traffic in Q4 and missed sales expectations, underscoring the operational challenge of restoring visits. Traffic Drop
• Negative Sentiment: Press coverage highlights that sales fell despite price increases and turnaround efforts, suggesting margin and volume headwinds persist. WSJ Coverage

About Sweetgreen

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.