
Sweetgreen (SG) Stock Forecast & Price Target
Sweetgreen (SG) Analyst Ratings
Bulls say
Sweetgreen Inc. demonstrated a positive trend in its financial performance, reporting a 9% increase in same-store sales in the second quarter of 2024, indicating a notable improvement from earlier in the quarter. The company is positioned for significant growth, with a long-term guidance of 15%-20% net restaurant growth, forecasting 50-67 new openings by 2027, which marks more than double the new locations opened in 2024. Additionally, historical performance has shown robust same-store sales growth of 20% from Year 1 to Year 2 and 10% from Year 2 to Year 3, underscoring the potential for sustained financial expansion.
Bears say
Sweetgreen Inc. faces a precarious financial outlook as the consensus for 2025 same store sales appears overly optimistic, with estimates of flat growth likely to be revised downward for a second consecutive time. Data from Bloomberg Second Measure and Placer.ai indicate much weaker-than-expected performance for 2Q, raising concerns about the viability of projections for the remainder of the year. Additionally, the company's estimates for 3Q and 4Q show a decline, suggesting same store sales may remain negative throughout 2025, posing significant risk to overall financial performance.
This aggregate rating is based on analysts' research of Sweetgreen and is not a guaranteed prediction by Public.com or investment advice.
Sweetgreen (SG) Analyst Forecast & Price Prediction
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