Sweetgreen (SG) AI Stock Analysis

• Market Cap: $683.26M
• Dividend Yield: N/A
• Average Volume (3M): 6.34M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: 2.43%
• EPS Growth: -23.25%
• Country: US
• Employees: 6,407
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): -0.24
• Shares Outstanding: 106,479,980
• 10 Day Avg. Volume: 7,996,345
• 30 Day Avg. Volume: 6,336,470
• PEG Ratio: 1.84
• Price to Book (P/B): 8.12
• Price to Sales (P/S): 5.35
• P/FCF Ratio: -74.25
• Enterprise Value/Market Cap: 1.74
• Enterprise Value/Revenue: 2.27
• Enterprise Value/Gross Profit: 17.25
• Enterprise Value/Ebitda: -39.47
• 1Y Price Target: $8.52
• Price Target Upside: 62.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13
• EPS Forecast (FY): -0.78
• Revenue Forecast (FY): $699.48M

• Rating: 43 Neutral
• Price Target: $5.50 ▲(5.16% Upside)

Sweetgreen's overall score is primarily impacted by its financial performance and technical analysis. While strategic initiatives from the earnings call offer some optimism, the company's profitability issues and bearish technical indicators weigh heavily on the score.

Positive Factors

Strategic Initiatives

The Sweet Growth Transformation Plan aims to enhance operational efficiency and brand relevance, potentially boosting long-term profitability and market position.

Liquidity Improvement

The sale of Spyce improves liquidity, providing financial flexibility to invest in growth initiatives and manage operational challenges.

Market Expansion

Expanding into new markets and opening new restaurants enhances Sweetgreen's market presence and potential revenue streams, supporting long-term growth.

Negative Factors

Profitability Challenges

Ongoing EBITDA losses indicate profitability challenges, which could hinder long-term financial health and investment capacity.

Same-Store Sales Decline

Declining same-store sales suggest weakening demand in key markets, potentially impacting revenue growth and competitive positioning.

Cost Pressures

Rising costs could pressure margins, making it challenging to maintain profitability and necessitating cost management improvements.

Sweetgreen Business Overview & Revenue Model

Company Description

Sweetgreen (SG) is a fast-casual restaurant chain that specializes in serving healthy, made-to-order salads and grain bowls. Founded in 2007, Sweetgreen operates primarily in the food service sector, focusing on fresh, locally sourced ingredients to promote a sustainable and healthy lifestyle. The company is known for its commitment to environmental sustainability and community engagement, offering a seasonal menu that highlights the best produce available.

How the Company Makes Money

Sweetgreen generates revenue primarily through the sale of its food and beverage offerings in its restaurants. The company operates a direct-to-consumer model, allowing customers to place orders online or through its mobile app for both in-store pickup and delivery. Key revenue streams include dine-in sales, takeout orders, and digital sales through its app and website. Additionally, Sweetgreen has explored partnerships with delivery services to enhance its reach and convenience for customers. The company also emphasizes its focus on customer loyalty programs and subscription services, providing incentives for repeat purchases and fostering a dedicated customer base, which contributes significantly to its earnings.

Sweetgreen Financial Statement Overview

Summary

Sweetgreen shows strong revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with moderate leverage, but improving margins and cash flow is crucial for future growth.

Income Statement

Sweetgreen's revenue shows a positive growth trend, with a TTM growth rate of 13.7%. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is relatively low at 15.99%, indicating challenges in cost management. Overall, while revenue growth is promising, profitability remains a significant concern.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.80, suggesting manageable leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio is stable, indicating a solid capital structure. While the company maintains a reasonable balance between debt and equity, the lack of profitability impacts overall financial health.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth, with a significant negative growth rate. The operating cash flow to net income ratio is below 1, indicating challenges in converting income into cash. The free cash flow to net income ratio is positive, but overall cash flow management needs improvement to support long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2020	Dec 2019	Dec 2018
Income Statement
Total Revenue	524.28M	676.83M	584.04M	220.62M	274.15M	1.46B
Gross Profit	69.02M	132.95M	101.92M	-8.70M	43.98M	1.46B
EBITDA	-30.16M	-23.16M	-52.51M	-113.97M	-48.41M	78.40M
Net Income	-84.34M	-90.37M	-113.38M	-141.22M	-67.92M	-18.10M
Balance Sheet
Total Assets	824.77M	856.76M	856.56M	265.68M	386.42M	6.01B
Cash, Cash Equivalents and Short-Term Investments	129.97M	214.79M	257.23M	102.64M	249.26M	834.90M
Total Debt	356.41M	330.71M	302.87M	0.00	0.00	1.41B
Total Liabilities	431.47M	410.61M	373.96M	573.04M	559.62M	4.07B
Stockholders Equity	393.30M	446.14M	482.60M	-307.36M	-173.19M	1.94B
Cash Flow
Free Cash Flow	-36.40M	-48.81M	-69.31M	-147.25M	-81.89M	108.00M
Operating Cash Flow	-17.17M	43.39M	26.48M	-90.35M	-37.20M	108.00M
Investing Cash Flow	-101.17M	-92.21M	-95.67M	-58.41M	-50.47M	-189.90M
Financing Cash Flow	4.18M	8.89M	-5.20M	2.15M	149.80M	-6.60M

Sweetgreen Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG, the sentiment is Negative. The current price of 5.23 is below the 20-day moving average (MA) of 6.81, below the 50-day MA of 7.70, and below the 200-day MA of 15.39, indicating a bearish trend. The MACD of -0.65 indicates Positive momentum. The RSI at 20.07 is Positive, neither overbought nor oversold. The STOCH value of 15.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG.

Sweetgreen Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TXRH	74 Outperform	$10.97B	25.21	31.55%	1.61%	14.40%	12.45%
CAVA	69 Neutral	$5.64B	42.81	19.84%	―	23.93%	153.50%
CAKE	68 Neutral	$2.36B	14.41	39.14%	2.35%	4.90%	27.14%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SHAK	60 Neutral	$3.89B	92.27	8.83%	―	13.49%	402.23%
PZZA	56 Neutral	$1.35B	36.23	―	3.62%	-0.64%	-60.71%
SG	43 Neutral	$683.26M	―	-26.47%	―	2.43%	-23.25%

Sweetgreen Corporate Events

Sweetgreen’s Earnings Call: Growth Amid Challenges

Sweetgreen, Inc.’s recent earnings call reflects a dual narrative of strategic foresight and financial hurdles. The company is actively pursuing growth through its Sweet Growth Transformation Plan and the strategic sale of Spyce, yet it faces significant challenges as evidenced by declining same-store sales, adjusted EBITDA loss, and rising costs.

Sweetgreen, Inc. Reports Q3 2025 Financial Results

Sweetgreen, Inc., a mission-driven restaurant and lifestyle brand, is known for serving healthy food at scale and operates within the fast-casual dining sector. The company, which emphasizes quality ingredients and innovative technology, has expanded to over 266 locations across the United States since its inception in 2007.

Sweetgreen Announces New CFO Appointment Amid Leadership Change

On September 4, 2025, Sweetgreen announced the retirement of Mitch Reback as Chief Financial Officer, effective September 21, 2025, and the appointment of Jamie McConnell as his successor, effective September 22, 2025. McConnell, who brings over 20 years of financial leadership experience, will oversee Sweetgreen’s finance department and report directly to CEO Jonathan Neman. Reback, who has been with Sweetgreen since 2015, will continue in an advisory role for six months to ensure a smooth transition. This leadership change is expected to support Sweetgreen’s ongoing growth and strengthen its financial foundation for long-term profitability.

The most recent analyst rating on (SG) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on Sweetgreen stock, see the SG Stock Forecast page.

Sweetgreen, Inc. Reports Q2 2025 Financial Results

Sweetgreen, Inc. is a mission-driven restaurant and lifestyle brand that focuses on serving healthy food at scale, operating in the fast-casual dining sector with a commitment to quality ingredients and community engagement.