Sweetgreen, Inc.

SG · NYSE

Market open$7.19$0.965000 (+15.51%)

Key statistics

Previous close$6.22
Open$6.71
Day high$7.48
Day low$6.70
52-week high$16.70
52-week low$4.49
Market cap853.78M
Volume5.81M
Average volume5.39M
P/E ratio-6.19
Forward P/E54.96
EPS-1.16
Dividend yield0.00%

Market context

Why it moved

SG surged sharply higher, likely driven by takeover activity and positive earnings catalysts in Europe noted in market reports, combined with a broader relief in sentiment as softer US inflation data reduced rate hike fears and the dollar weakened, boosting European and financial sector stocks while broader markets saw selective gains amid the semiconductor-led selloff.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Sweetgreen shares are surging, rebounding sharply after a food safety scare tied to a cyclospora outbreak briefly hammered the stock more than 20% earlier this week. Crucially, Sweetgreen was not linked to the outbreak — Taco Bell and other produce-handling chains bore the brunt of consumer concern — allowing SG to recover as investors reassessed the panic-driven selloff. The bounce is also supported by broader optimism around the salad chain's expansion momentum and improving profitability outlook, even as Q1 results showed revenue of $161.5M, slightly missing estimates.

15.2733

July 17, 2026Sweetgreen shares tumbled as the fast-casual salad chain continues to face headwinds from weak same-store sales and a challenging consumer backdrop. The stock extended its recent struggles after Q1 results showed revenue down 2.9% year-over-year — the slowest growth among modern fast food peers — with significant misses on EBITDA and same-store sales estimates. The broader restaurant sector is grappling with increasingly value-conscious consumers, rising input costs, and intensifying competition, themes weighing disproportionately on premium-positioned concepts like Sweetgreen. In after-hours trading, shares recovered modestly, gaining about 2.7%.

-7.4405

July 16, 2026Sweetgreen shares tumbled, significantly underperforming the broader market and restaurant peers, as the stock extended a multi-session losing streak following a weak Q1 earnings report that showed revenue declining 2.9% year-over-year — the slowest growth among modern fast-food peers — alongside meaningful misses on EBITDA and same-store sales estimates. The selling came even as the broader market rallied on a cooler-than-expected CPI report, highlighting the stock's idiosyncratic pressure; the restaurant sector overall faces headwinds from cautious consumer spending and elevated input costs, while peers like CAVA and Chipotle have demonstrated stronger execution and traffic trends.

-5.2186

July 15, 2026Sweetgreen shares tumbled 14.27% — its sharpest single-day decline in recent memory — as investors reassessed the salad chain's trajectory following a disappointing Q1 report that showed revenue of $161.5 million, down 2.9% year-over-year, missing estimates by 1.6% and recording significant misses on EBITDA and same-store sales. The sell-off came despite the stock having surged roughly 30% in the first half of 2026, suggesting profit-taking as the broader restaurant industry faces persistent headwinds including cautious consumer spending, elevated menu prices, and rising labor costs, with the Zacks Retail-Restaurants industry ranking in the bottom 27% of sectors.

-14.2684

July 14, 2026Sweetgreen shares declined modestly, closing down around 1%, as broader market headwinds weighed on consumer cyclical stocks amid renewed U.S.-Iran tensions that sent oil prices surging and dampened equity sentiment across the board. The restaurant sector faced additional pressure from cautious consumer spending trends flagged in recent industry coverage, though strong June retail sales data offered some offset. Sweetgreen continues to trade at elevated valuation multiples relative to peers, with analyst sentiment and the upcoming Q2 earnings season keeping investor scrutiny high on profitability progress for the fast-casual chain.

-1.0766

July 10, 2026Sweetgreen gained nearly 3% as investors positioned ahead of its Q2 2026 earnings release, scheduled for August 6. The company confirmed the earnings date and also launched a limited-time Alice Waters' Peach & Goat Cheese Salad, a seasonal menu addition tied to a charitable partnership with The Edible Schoolyard Project. Sentiment remains cautious, however, as a Seeking Alpha analysis warned that the stock may be pricing in a "perfect turnaround" while analysts maintain a consensus price target near $7.81—below the current price—citing lagging same-store sales, a rich valuation at ~150x forward EV/EBITDA, and a declining free cash flow margin.

2.8025

July 9, 2026Sweetgreen edged higher, outperforming the broader consumer cyclical sector as investors weighed a Seeking Alpha analysis cautioning that the stock may be pricing in a 'perfect turnaround' despite ongoing operational challenges. The salad chain has surged roughly 30% in the first half of 2026 after hitting a low earlier in the year, though negative comparable sales and intensifying competition remain concerns. The session's gain came despite a broad market risk-off selloff driven by Trump declaring the U.S.-Iran ceasefire 'over,' which sent oil prices surging 5%+ and weighed on consumer discretionary peers.

1.4212

July 8, 2026Sweetgreen shares fell nearly 4% as a Seeking Alpha analysis cautioned that investors may be pricing in a "perfect turnaround" for the salad chain, weighing on a stock that had surged 30% in the first half of 2026. The pullback came despite a new limited-time menu launch (Alice Waters' Peach & Goat Cheese Salad) and broader sector headwinds including a weak June jobs report showing leisure and hospitality employment fell 61,000, rising Treasury yields, and a down day for the consumer discretionary sector.

-3.8509

Investing.com · July 17, 2026Sweetgreen bounces back as Taco Bell takes the heat for produce panicBloomberg · July 16, 2026Sweetgreen Falls on Parasite Outbreak Tied to ProduceBarron's · July 16, 2026Cyclospora Produce Scare Wipes Out Sweetgreen Stock GainsTradingView · July 16, 2026Dutch Bros, Sweetgreen, and Portillo's Shares Skyrocket and Plummet, What You Need To KnowForbes · July 15, 2026Cyclospora Outbreak: Sweetgreen, Taco Bell Parent Stocks Dip As Investors Appear SpookedBusiness Wire · May 26, 2026Sweetgreen Appoints Cindy Olsen as Chief Strategy Officer
Benzinga · May 27, 2026TD Cowen Maintains Hold on Sweetgreen, Raises Price Target to $8
Mt Newswire · May 22, 2026Sweetgreen Shares Rise After JPMorgan Upgrade
Benzinga · May 22, 2026JP Morgan Upgrades Sweetgreen to Overweight, Raises Price Target to $13
Mt Newswire · May 22, 2026JPMorgan Upgrades Sweetgreen to Overweight From Neutral, Price Target is $13
Benzinga · May 20, 2026Oppenheimer Maintains Outperform on Sweetgreen, Raises Price Target to $10
Mt Newswire · May 20, 2026Sweetgreen Supported by Wraps Launch, Operational Improvements and Easier Comparisons, Oppenheimer Says
Mt Newswire · May 20, 2026Oppenheimer Adjusts Price Target on Sweetgreen to $10 From $9, Maintains Outperform Rating
Benzinga · May 8, 2026UBS Maintains Neutral on Sweetgreen, Raises Price Target to $7

Peers