Research Analysts’ Weekly Ratings Changes for Sweetgreen (SG)

A number of firms have modified their ratings and price targets on shares of Sweetgreen (NYSE: SG) recently:

• 2/27/2025 – Sweetgreen had its price target lowered by analysts at Oppenheimer Holdings Inc. from $41.00 to $35.00. They now have an “outperform” rating on the stock.
• 2/27/2025 – Sweetgreen had its price target lowered by analysts at Piper Sandler from $39.00 to $27.00. They now have a “neutral” rating on the stock.
• 2/27/2025 – Sweetgreen had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $37.00 to $32.00. They now have a “neutral” rating on the stock.
• 2/27/2025 – Sweetgreen had its price target lowered by analysts at Citigroup Inc. from $43.00 to $39.00. They now have a “buy” rating on the stock.
• 2/27/2025 – Sweetgreen had its price target lowered by analysts at UBS Group AG from $45.00 to $35.00. They now have a “buy” rating on the stock.
• 2/27/2025 – Sweetgreen had its price target lowered by analysts at TD Securities from $45.00 to $33.00. They now have a “buy” rating on the stock.
• 2/25/2025 – Sweetgreen had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $45.00 price target on the stock.
• 2/12/2025 – Sweetgreen had its price target lowered by analysts at Citigroup Inc. from $49.00 to $43.00. They now have a “buy” rating on the stock.
• 1/21/2025 – Sweetgreen had its price target lowered by analysts at Morgan Stanley from $32.00 to $28.00. They now have an “equal weight” rating on the stock.

Sweetgreen Trading Down 1.9 %

Shares of NYSE SG traded down $0.47 during trading hours on Tuesday, reaching $23.66. The stock had a trading volume of 2,127,549 shares, compared to its average volume of 3,082,970. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of -30.33 and a beta of 2.44. The business’s fifty day moving average price is $27.94 and its two-hundred day moving average price is $33.22. Sweetgreen, Inc. has a 52-week low of $18.77 and a 52-week high of $45.12.

Insiders Place Their Bets

In other news, CFO Mitch Reback sold 10,926 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $26.43, for a total transaction of $288,774.18. Following the transaction, the chief financial officer now directly owns 344,055 shares of the company’s stock, valued at approximately $9,093,373.65. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 21.52% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sweetgreen

A number of large investors have recently made changes to their positions in SG. Oppenheimer & Co. Inc. increased its position in shares of Sweetgreen by 9.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 26,483 shares of the company’s stock valued at $939,000 after acquiring an additional 2,380 shares during the period. KBC Group NV increased its position in shares of Sweetgreen by 29.1% in the 3rd quarter. KBC Group NV now owns 3,127 shares of the company’s stock valued at $111,000 after acquiring an additional 704 shares during the period. Natixis Advisors LLC increased its position in shares of Sweetgreen by 91.9% in the 3rd quarter. Natixis Advisors LLC now owns 30,380 shares of the company’s stock valued at $1,077,000 after acquiring an additional 14,545 shares during the period. Quest Partners LLC increased its position in shares of Sweetgreen by 68.4% in the 3rd quarter. Quest Partners LLC now owns 4,256 shares of the company’s stock valued at $151,000 after acquiring an additional 1,728 shares during the period. Finally, GLOBALT Investments LLC GA acquired a new position in shares of Sweetgreen in the 3rd quarter valued at $591,000. 95.75% of the stock is owned by institutional investors and hedge funds.

Sweetgreen, Inc, together with its subsidiaries, operates fast food restaurants serving healthy foods at scale in the United States. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed. The company was founded in 2006 and is headquartered in Los Angeles, California.