Oppenheimer Cuts Sweetgreen (NYSE:SG) Price Target to $9.00

Sweetgreen (NYSE:SG) had its price objective reduced by Oppenheimer from $10.00 to $9.00 in a report released on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities research analysts have also issued reports on the stock. UBS Group reduced their target price on shares of Sweetgreen from $7.50 to $6.50 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Barclays increased their price objective on Sweetgreen from $5.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Zacks Research upgraded Sweetgreen from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 12th. William Blair restated a “market perform” rating on shares of Sweetgreen in a report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sweetgreen in a research report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $8.43.

Sweetgreen Price Performance

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 $7.21. Sweetgreen has a 12 month low of $4.99 and a 12 month high of $27.15. The stock has a market capitalization of $656.36 million, a price-to-earnings ratio of -4.86 and a beta of 1.93.

Sweetgreen (NYSE:SG) last issued its quarterly earnings results 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 return on equity of 31.09% and a negative net margin of 19.73%.The business had revenue of $155.19 million for the quarter, compared to analysts’ expectations of $159.59 million. During the same quarter last year, the company earned ($0.25) earnings per share. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. Equities research analysts anticipate that Sweetgreen will post -0.74 earnings per share for the current year.

Institutional Trading of Sweetgreen

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its holdings in shares of Sweetgreen by 165.8% in the 3rd quarter. Larson Financial Group LLC now owns 3,766 shares of the company’s stock valued at $30,000 after buying an additional 2,349 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Sweetgreen by 98.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,129 shares of the company’s stock worth $32,000 after acquiring an additional 1,055 shares in the last quarter. Bogart Wealth LLC lifted its position in Sweetgreen by 1,150.0% in the third quarter. Bogart Wealth LLC now owns 5,000 shares of the company’s stock valued at $40,000 after acquiring an additional 4,600 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in Sweetgreen by 312.3% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 2,808 shares of the company’s stock valued at $42,000 after acquiring an additional 2,127 shares in the last quarter. Finally, CWM LLC boosted its stake in Sweetgreen by 212.2% in the fourth quarter. CWM LLC now owns 7,333 shares of the company’s stock valued at $50,000 after acquiring an additional 4,984 shares in the last quarter. Institutional investors and hedge funds own 95.75% of the company’s stock.

Key Stories Impacting 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

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.