Sweetgreen Inc has a consensus price target of $18, established from looking at the 51 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, TD Cowen, and TD Cowen on April 12, 2024, April 12, 2024, and April 11, 2024. With an average price target of $20 between Morgan Stanley, TD Cowen, and TD Cowen, there's an implied -19.13% downside for Sweetgreen Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/12/2024 | SG | Buy Now | Sweetgreen | $24.73 | -35.31% | Morgan Stanley | Brian Harbour | $11 → $16 | Maintains | Underweight | Get Alert |
04/12/2024 | SG | Buy Now | Sweetgreen | $24.73 | -11.05% | TD Cowen | Andrew Charles | → $22 | Reiterates | Hold → Hold | Get Alert |
04/11/2024 | SG | Buy Now | Sweetgreen | $24.73 | -11.05% | TD Cowen | Andrew Charles | $17 → $22 | Maintains | Hold | Get Alert |
04/10/2024 | SG | Buy Now | Sweetgreen | $24.73 | -31.26% | TD Cowen | Andrew Charles | → $17 | Reiterates | Hold → Hold | Get Alert |
04/01/2024 | SG | Buy Now | Sweetgreen | $24.73 | 37.48% | Oppenheimer | Brian Bittner | $17 → $34 | Maintains | Outperform | Get Alert |
03/19/2024 | SG | Buy Now | Sweetgreen | $24.73 | 13.22% | JP Morgan | Rahul Krotthapalli | $20 → $28 | Maintains | Overweight | Get Alert |
03/07/2024 | SG | Buy Now | Sweetgreen | $24.73 | -31.26% | TD Cowen | Andrew Charles | $15 → $17 | Maintains | Market Perform | Get Alert |
03/06/2024 | SG | Buy Now | Sweetgreen | $24.73 | -19.13% | JP Morgan | Rahul Krotthapalli | $13 → $20 | Maintains | Overweight | Get Alert |
03/04/2024 | SG | Buy Now | Sweetgreen | $24.73 | -19.13% | RBC Capital | Christopher Carril | $13 → $20 | Maintains | Outperform | Get Alert |
03/01/2024 | SG | Buy Now | Sweetgreen | $24.73 | -55.52% | Morgan Stanley | Brian Harbour | $10 → $11 | Maintains | Underweight | Get Alert |
03/01/2024 | SG | Buy Now | Sweetgreen | $24.73 | -31.26% | Oppenheimer | Brian Bittner | $15 → $17 | Reiterates | Outperform → Outperform | Get Alert |
03/01/2024 | SG | Buy Now | Sweetgreen | $24.73 | -23.18% | Piper Sandler | Brian Mullan | $16 → $19 | Maintains | Overweight | Get Alert |
02/21/2024 | SG | Buy Now | Sweetgreen | $24.73 | -47.44% | Citigroup | Jon Tower | $12 → $13 | Maintains | Neutral | Get Alert |
01/16/2024 | SG | Buy Now | Sweetgreen | $24.73 | -59.57% | Morgan Stanley | Brian Harbour | → $10 | Downgrade | Equal-Weight → Underweight | Get Alert |
01/05/2024 | SG | Buy Now | Sweetgreen | $24.73 | -39.35% | Oppenheimer | Brian Bittner | $14 → $15 | Maintains | Outperform | Get Alert |
11/08/2023 | SG | Buy Now | Sweetgreen | $24.73 | -47.44% | JP Morgan | John Ivankoe | $14 → $13 | Maintains | Overweight | Get Alert |
11/03/2023 | SG | Buy Now | Sweetgreen | $24.73 | -35.31% | Piper Sandler | Brian Mullan | $19 → $16 | Maintains | Overweight | Get Alert |
10/24/2023 | SG | Buy Now | Sweetgreen | $24.73 | -47.44% | Citigroup | Jon Tower | $16 → $13 | Maintains | Neutral | Get Alert |
09/15/2023 | SG | Buy Now | Sweetgreen | $24.73 | -27.22% | RBC Capital | Christopher Carril | → $18 | Reiterates | Outperform → Outperform | Get Alert |
The latest price target for Sweetgreen (NYSE: SG) was reported by Morgan Stanley on April 12, 2024. The analyst firm set a price target for $16.00 expecting SG to fall to within 12 months (a possible -35.31% downside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Sweetgreen (NYSE: SG) was provided by Morgan Stanley, and Sweetgreen maintained their underweight rating.
The last upgrade for Sweetgreen Inc happened on July 31, 2023 when Piper Sandler raised their price target to $19. Piper Sandler previously had a neutral for Sweetgreen Inc.
The last downgrade for Sweetgreen Inc happened on January 16, 2024 when Morgan Stanley changed their price target from N/A to $10 for Sweetgreen Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sweetgreen, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sweetgreen was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
While ratings are subjective and will change, the latest Sweetgreen (SG) rating was a maintained with a price target of $11.00 to $16.00. The current price Sweetgreen (SG) is trading at is $24.73, which is out of the analyst’s predicted range.
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