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

Sweetgreen (NYSE:SG) had its price objective lowered by stock analysts at Oppenheimer from $10.00 to $9.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Oppenheimer’s price target would suggest a potential upside of 58.84% from the company’s previous close.

A number of other analysts have also weighed in on SG. Piper Sandler reduced their target price on Sweetgreen from $12.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. William Blair reaffirmed a “market perform” rating on shares of Sweetgreen in a research note on Friday, November 7th. UBS Group lowered their price objective on shares of Sweetgreen from $7.50 to $6.50 and set a “neutral” rating for the company in a research report on Monday. JPMorgan Chase & Co. upped their target price on shares of Sweetgreen from $6.00 to $8.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Finally, Sanford C. Bernstein set a $7.00 price target on shares of Sweetgreen in a research note on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $8.51.

Sweetgreen Stock Performance

NYSE SG traded down $0.47 on Friday, hitting $5.67. 4,394,676 shares of the stock were exchanged, compared to its average volume of 4,281,450. Sweetgreen has a 52-week low of $4.99 and a 52-week high of $27.15. The firm has a market capitalization of $670.68 million, a P/E ratio of -5.85 and a beta of 1.92. The stock has a fifty day moving average price of $6.55 and a two-hundred day moving average price of $7.27.

Sweetgreen (NYSE:SG) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.11). Sweetgreen had a negative return on equity of 25.67% and a negative net margin of 16.55%.The firm had revenue of $155.19 million during the quarter, compared to the consensus estimate of $159.59 million. During the same period in the previous year, the business earned ($0.25) EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. Sell-side analysts expect that Sweetgreen will post -0.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sweetgreen

Several institutional investors have recently made changes to their positions in the company. Alpine Global Management LLC acquired a new stake in Sweetgreen during the fourth quarter valued at $92,000. Aristides Capital LLC acquired a new position in shares of Sweetgreen in the fourth quarter worth about $185,000. Virtu Financial LLC purchased a new stake in shares of Sweetgreen during the 4th quarter worth about $674,000. Invesco Ltd. grew its position in shares of Sweetgreen by 23.9% during the 4th quarter. Invesco Ltd. now owns 134,511 shares of the company’s stock valued at $909,000 after acquiring an additional 25,921 shares during the period. Finally, VARCOV Co. purchased a new position in shares of Sweetgreen in the 4th quarter valued at about $141,000. 95.75% of the stock is owned by hedge funds and other institutional investors.

Key Sweetgreen News

Here are the key news stories impacting Sweetgreen this week:

• Positive Sentiment: Management laid out a clear transformation plan for 2026 focused on menu innovation and operational changes that could stabilize comps and margins if execution improves. Read More.
• Neutral Sentiment: Sweetgreen held an earnings call and published full transcripts, providing detail on the company’s initiatives and cost actions — useful for investors assessing execution risk and timing. Read More.
• Neutral Sentiment: Company commentary in call highlights management’s focus on restoring traffic and simplifying operations; these are strategic but will likely take quarters to show meaningful financial improvement. Read More.
• Negative Sentiment: Q4 results missed expectations: GAAP loss of $0.42/sh vs. consensus -$0.31, revenue $155.2M vs. $159.6M estimate, and revenue down 3.5% y/y — signaling near-term revenue pressure. Read More.
• Negative Sentiment: Same-store sales plunged (company reported an ~11.5% comp decline in Q4) and traffic dropped sharply — the core demand weakness is the primary driver of the stock decline. Read More.
• Negative Sentiment: Analysts and coverage note the miss widens the path to profitability; independent write-ups flag the miss and worsening margins (negative ROE, negative net margin), weighing on investor confidence. Read More.

Sweetgreen Company Profile

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.