Sweetgreen, Inc.

SG · NYSE

Low target$5.00
Average target$7.94
High target$13.00

Analyst ratings

hold · 14 ratings

DateFirmActionRatingPrice target
May 27, 2026TD CowenMaintainsHold$8.00
May 22, 2026JP MorganUpgradesOverweight$13.00
May 20, 2026OppenheimerMaintainsOutperform$10.00
May 11, 2026DA DavidsonMaintainsNeutral$7.00
May 8, 2026UBSMaintainsNeutral$7.00
May 8, 2026TD CowenMaintainsHold$7.00
May 8, 2026BNP ParibasMaintainsUnderperform$5.00
March 27, 2026Piper SandlerMaintainsNeutral$7.00
February 27, 2026CitigroupMaintainsBuy$9.00
February 27, 2026RBC CapitalMaintainsOutperform$7.00
February 27, 2026OppenheimerMaintainsOutperform$9.00
February 23, 2026UBSMaintainsNeutral$6.50
January 29, 2026Goldman SachsMaintainsSell$5.60
January 20, 2026Morgan StanleyMaintainsEqual-Weight$9.00
January 20, 2026JP MorganMaintainsNeutral$8.00
January 7, 2026BarclaysMaintainsEqual-Weight$7.00
December 17, 2025Wells FargoDowngradesEqual-Weight$7.00
November 10, 2025BarclaysMaintainsEqual-Weight$5.00
November 7, 2025RBC CapitalMaintainsOutperform$7.00
November 7, 2025Wells FargoMaintainsOverweight$10.00
November 7, 2025Piper SandlerMaintainsNeutral$9.00
November 3, 2025UBSMaintainsBuy$12.00
October 22, 2025BarclaysMaintainsEqual-Weight$8.00
October 16, 2025Wells FargoMaintainsOverweight$13.00
October 6, 2025B of A SecuritiesDowngradesNeutral$9.50

Path to profitability and EPS trajectory

Bull case

Net loss per share is forecast to shrink dramatically from -$1.14 to -$0.071 next year, and Zacks projects year-over-year EPS improvement of 35% for the next quarter. The consensus estimate calls for full-year earnings of $0.62 per share, representing a +154.39% change, signaling meaningful progress toward profitability.

Bear case

Despite near-term EPS improvements, the five-year EPS growth forecast remains deeply negative at -24.36%, and the company holds a weak Piotroski F-Score of 3, suggesting that structural financial challenges will persist well beyond any short-term gains.

Valuation and analyst sentiment divergence

Bull case

Sweetgreen trades at a Forward P/E of 14.6, a notable discount to its industry average of 20.35, with a PEG ratio of 1.19, suggesting the stock may be undervalued. One analyst consensus pegs the average price target at $16.39, implying nearly 194% upside from recent prices.

Bear case

Analyst consensus has shifted to a 'Hold' rating, with 8 out of 14 analysts taking a negative stance and only 4 remaining optimistic. The current average price target of $7.94 reflects considerably more muted expectations, highlighting deep disagreement about the stock's fair value.

Revenue growth and traffic recovery outlook

Bull case

Signs of improving customer traffic and a discounted valuation are fueling optimism, with consensus revenue estimates pointing to $708.46 million for the full year, up 4.27% year-over-year. Monthly share price momentum, up 18.34%, further reflects growing investor confidence in a recovery.

Bear case

Sweetgreen continues to miss earnings estimates, and the five-year revenue growth forecast of only 12.95% raises questions about long-term scalability. High stock price volatility, reflected in a beta of 1.94, and an 86.82% decline over 52 weeks underscore persistent concerns about the company's business model.