Royal Bank Of Canada Cuts Sweetgreen (NYSE:SG) Price Target to $7.00

Sweetgreen (NYSE:SG) had its target price cut by Royal Bank Of Canada from $8.00 to $7.00 in a report issued on Friday,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also recently weighed in on SG. Weiss Ratings reissued a “sell (e+)” rating on shares of Sweetgreen in a research report on Monday, December 29th. William Blair reissued a “market perform” rating on shares of Sweetgreen in a report on Friday, November 7th. Oppenheimer lowered their price objective on Sweetgreen from $10.00 to $9.00 and set an “outperform” rating for the company in a research note on Friday. The Goldman Sachs Group upped their target price on Sweetgreen from $5.00 to $5.60 and gave the company a “sell” rating in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein set a $7.00 target price on Sweetgreen in a research note on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Sweetgreen currently has an average rating of “Hold” and an average price target of $8.43.

Sweetgreen Stock Down 9.7%

SG opened at $5.55 on Friday. The firm’s 50 day moving average is $6.53 and its 200-day moving average is $7.21. Sweetgreen has a 52-week low of $4.99 and a 52-week high of $27.15. The firm has a market capitalization of $656.36 million, a P/E ratio of -4.86 and a beta of 1.93.

Sweetgreen (NYSE:SG) last announced its earnings results on Thursday, February 26th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.11). Sweetgreen had a negative net margin of 19.73% and a negative return on equity of 31.09%. The firm had revenue of $155.19 million during the quarter, compared to analysts’ expectations of $159.59 million. During the same quarter last year, the company posted ($0.25) earnings per share. Sweetgreen’s revenue for the quarter was down 3.5% compared to the same quarter last year. Equities analysts expect that Sweetgreen will post -0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sweetgreen

Several institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP lifted its stake in Sweetgreen by 1,428.8% during the third quarter. Marshall Wace LLP now owns 3,923,973 shares of the company’s stock worth $31,313,000 after purchasing an additional 3,667,306 shares during the last quarter. Woodson Capital Management LP raised its holdings in shares of Sweetgreen by 152.6% during the fourth quarter. Woodson Capital Management LP now owns 6,000,000 shares of the company’s stock worth $40,560,000 after purchasing an additional 3,625,000 shares during the period. Greenhouse Funds LLLP bought a new position in shares of Sweetgreen in the 2nd quarter worth about $32,122,000. Federated Hermes Inc. boosted its holdings in shares of Sweetgreen by 366.8% in the 4th quarter. Federated Hermes Inc. now owns 2,647,899 shares of the company’s stock valued at $17,900,000 after buying an additional 2,080,628 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of Sweetgreen by 240.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,692,838 shares of the company’s stock valued at $13,509,000 after buying an additional 1,196,222 shares during the last quarter. 95.75% of the stock is owned by institutional investors and hedge funds.

Sweetgreen News Roundup

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

About Sweetgreen

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.