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Sweetgreen (SG) Stock Forecast & Price Target

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$43.40 +2.15 (+5.21%)
(As of 11/22/2024 ET)

Sweetgreen - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
7

Based on 11 Wall Street analysts who have issued ratings for Sweetgreen in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 4 have given a hold rating, and 7 have given a buy rating for SG.

Consensus Price Target

$39.80
-8.29% Downside
According to the 11 analysts' twelve-month price targets for Sweetgreen, the average price target is $39.80. The highest price target for SG is $45.00, while the lowest price target for SG is $27.00. The average price target represents a forecasted downside of -8.29% from the current price of $43.40.
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SG Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$39.80$38.20$37.00$14.11
Forecasted Upside-8.29% Downside1.93% Upside6.57% Upside46.99% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

SG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sweetgreen Stock vs. The Competition

TypeSweetgreenRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.64
2.51
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-8.29% Downside25.99% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent SG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024TD Cowen
4 of 5 stars
A. Charles
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Reiterated RatingBuy ➝ Buy$45.00 ➝ $45.00+34.29%
11/8/2024UBS Group
4 of 5 stars
D. Geiger
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Boost TargetBuy ➝ Buy$37.00 ➝ $45.00+10.84%
11/8/2024Oppenheimer
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$40.00 ➝ $45.00+7.35%
11/8/2024The Goldman Sachs Group
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C. Cho
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Reiterated RatingBuy ➝ Neutral$40.00 ➝ $40.00-5.30%
8/19/2024Bank of America
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 Boost TargetBuy ➝ Buy$39.00 ➝ $43.00+22.72%
8/19/2024Piper Sandler
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B. Mullan
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Reiterated RatingOverweight ➝ Neutral$33.00 ➝ $39.00+5.66%
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8/9/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$30.00 ➝ $32.00-8.57%
8/9/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$25.00 ➝ $27.00+2.82%
6/14/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$32.00 ➝ $37.00+14.84%
6/7/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$35.00 ➝ $45.00+30.89%
5/15/2024William Blair
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 Reiterated RatingOutperform
2/24/2023Cowen
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 Lower TargetMarket Perform$12.00 ➝ $10.00+10.74%
2/7/2023Cowen
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 DowngradeOutperform ➝ Market Perform$19.00 ➝ $12.00+8.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:58 AM ET.


SG Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Sweetgreen is $39.80, with a high forecast of $45.00 and a low forecast of $27.00.

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sweetgreen in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SG shares.

According to analysts, Sweetgreen's stock has a predicted downside of -8.29% based on their 12-month stock forecasts.

Over the previous 90 days, Sweetgreen's stock had 1 upgrade by analysts.

Sweetgreen has been rated by research analysts at Oppenheimer, TD Cowen, The Goldman Sachs Group, and UBS Group in the past 90 days.

Analysts like Sweetgreen more than other "retail/wholesale" companies. The consensus rating score for Sweetgreen is 2.64 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how SG compares to other companies.


This page (NYSE:SG) was last updated on 11/24/2024 by MarketBeat.com Staff
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