William Blair Comments on Sweetgreen’s Q2 Earnings (NYSE:SG)

Sweetgreen, Inc. (NYSE:SG) – William Blair issued their Q2 2025 earnings estimates for shares of Sweetgreen in a research report issued to clients and investors on Monday, January 20th. William Blair analyst S. Zackfia expects that the company will post earnings of ($0.09) per share for the quarter. The consensus estimate for Sweetgreen’s current full-year earnings is ($0.74) per share. William Blair also issued estimates for Sweetgreen’s FY2025 earnings at ($0.52) EPS and FY2026 earnings at ($0.49) EPS.

Other research analysts have also recently issued research reports about the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $40.00 target price on shares of Sweetgreen in a research report on Friday, November 8th. UBS Group upped their price objective on shares of Sweetgreen from $37.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, November 8th. TD Cowen reiterated a “buy” rating and issued a $45.00 target price on shares of Sweetgreen in a report on Monday, November 18th. Citigroup raised Sweetgreen from a “neutral” rating to a “buy” rating and boosted their target price for the company from $44.00 to $49.00 in a research report on Friday, January 10th. Finally, Morgan Stanley lowered their price target on Sweetgreen from $32.00 to $28.00 and set an “equal weight” rating for the company in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $41.20.

Sweetgreen Stock Up 2.8 %

Shares of Sweetgreen stock opened at $29.96 on Thursday. The firm has a market cap of $3.47 billion, a PE ratio of -38.41 and a beta of 2.38. Sweetgreen has a 52 week low of $10.17 and a 52 week high of $45.12. The business’s fifty day simple moving average is $35.57 and its 200-day simple moving average is $33.82.

Sweetgreen (NYSE:SG) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.02). The business had revenue of $173.43 million during the quarter, compared to analyst estimates of $173.67 million. Sweetgreen had a negative net margin of 13.27% and a negative return on equity of 18.82%. During the same quarter in the prior year, the company posted ($0.22) earnings per share.

Hedge Funds Weigh In On Sweetgreen

Institutional investors and hedge funds have recently modified their holdings of the company. GLOBALT Investments LLC GA purchased a new position in Sweetgreen in the third quarter valued at approximately $591,000. Oliver Luxxe Assets LLC acquired a new position in shares of Sweetgreen in the 3rd quarter valued at $1,973,000. Verition Fund Management LLC grew its position in shares of Sweetgreen by 189.6% in the 3rd quarter. Verition Fund Management LLC now owns 173,501 shares of the company’s stock valued at $6,151,000 after buying an additional 113,586 shares during the last quarter. Zweig DiMenna Associates LLC acquired a new stake in Sweetgreen during the 3rd quarter worth $3,329,000. Finally, Stephens Investment Management Group LLC lifted its position in Sweetgreen by 139.9% in the third quarter. Stephens Investment Management Group LLC now owns 939,335 shares of the company’s stock valued at $33,299,000 after acquiring an additional 547,816 shares during the last quarter. Institutional investors and hedge funds own 95.75% of the company’s stock.

Insider Activity

In other Sweetgreen news, insider Adrienne Gemperle sold 5,372 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.05, for a total transaction of $182,916.60. Following the completion of the transaction, the insider now owns 107,313 shares in the company, valued at $3,654,007.65. The trade was a 4.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jonathan Neman sold 1,010 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $40.01, for a total transaction of $40,410.10. Following the completion of the sale, the chief executive officer now directly owns 1,930,228 shares in the company, valued at approximately $77,228,422.28. This represents a 0.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 648,838 shares of company stock worth $25,065,773. Corporate insiders own 21.52% of the company’s stock.

Sweetgreen Company Profile

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.