
Sweetgreen (SG) Stock Forecast & Price Target
Sweetgreen (SG) Analyst Ratings
Bulls say
Sweetgreen Inc. demonstrated strong financial performance in 2Q24, reporting a 9% increase in same-store sales, an improvement from the previous range of 6%-7% earlier in the quarter. The company is projecting a robust long-term restaurant growth rate of 15%-20%, which translates to an anticipated 50-67 net openings by 2027, significantly exceeding the 25 openings recorded in 2024. Additionally, historical performance indicates a positive trajectory, with same-store sales growth of 20% from Year 1 to Year 2 and 10% growth from Year 2 to Year 3, supporting an optimistic outlook for ongoing financial success.
Bears say
Sweetgreen Inc. faces significant headwinds as its same-store sales guidance for 2025 appears overly optimistic, with expectations of flat growth likely to be revised downward for a second consecutive time. The company's recent performance in 2Q has shown weaker-than-anticipated same-store sales results, corroborated by credit card data and foot traffic metrics, indicating a potential trend of declining consumer engagement. Such unfavorable financial indicators suggest a troubling outlook for the remainder of 2025, with projected estimates for 3Q and 4Q suggesting negative sales growth may persist, further exacerbating anticipated business challenges.
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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