William Blair Has Pessimistic View of Sweetgreen Q2 Earnings

Sweetgreen, Inc. (NYSE:SG - Free Report) - William Blair cut their Q2 2025 earnings per share (EPS) estimates for shares of Sweetgreen in a report issued on Tuesday, July 22nd. William Blair analyst S. Zackfia now forecasts that the company will post earnings of ($0.18) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Sweetgreen's current full-year earnings is ($0.74) per share. William Blair also issued estimates for Sweetgreen's Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.74) EPS and FY2026 earnings at ($0.73) EPS.

Several other research firms have also issued reports on SG. UBS Group reduced their target price on Sweetgreen from $35.00 to $30.00 and set a "buy" rating for the company in a report on Monday, May 5th. Piper Sandler reduced their target price on Sweetgreen from $27.00 to $20.00 and set a "neutral" rating for the company in a report on Friday, May 9th. JPMorgan Chase & Co. reduced their target price on Sweetgreen from $20.00 to $16.00 and set a "neutral" rating for the company in a report on Wednesday, June 25th. Barclays upped their target price on Sweetgreen from $16.00 to $17.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Finally, Bank of America reduced their target price on Sweetgreen from $27.00 to $22.00 and set a "buy" rating for the company in a report on Friday, July 18th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Sweetgreen has an average rating of "Hold" and a consensus target price of $23.31.

Sweetgreen Stock Performance

SG traded up $0.49 during midday trading on Friday, reaching $14.78. 4,632,934 shares of the company were exchanged, compared to its average volume of 5,059,327. The company's fifty day moving average price is $13.61 and its 200 day moving average price is $20.64. The company has a market cap of $1.73 billion, a price-to-earnings ratio of -19.19 and a beta of 2.06. Sweetgreen has a one year low of $11.86 and a one year high of $45.12.

Sweetgreen (NYSE:SG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.21) EPS for the quarter, hitting analysts' consensus estimates of ($0.21). The firm had revenue of $166.30 million during the quarter, compared to analyst estimates of $164.68 million. Sweetgreen had a negative return on equity of 19.72% and a negative net margin of 13.04%. The company's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.23) EPS.

Institutional Investors Weigh In On Sweetgreen

Institutional investors and hedge funds have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA purchased a new stake in Sweetgreen during the fourth quarter valued at about $52,558,000. Invesco Ltd. raised its position in Sweetgreen by 40.9% during the fourth quarter. Invesco Ltd. now owns 5,516,223 shares of the company's stock valued at $176,850,000 after purchasing an additional 1,601,666 shares in the last quarter. Wellington Management Group LLP raised its position in Sweetgreen by 30.0% during the first quarter. Wellington Management Group LLP now owns 5,762,598 shares of the company's stock valued at $144,180,000 after purchasing an additional 1,330,094 shares in the last quarter. Champlain Investment Partners LLC purchased a new stake in Sweetgreen during the first quarter valued at about $31,558,000. Finally, Blair William & Co. IL raised its position in Sweetgreen by 891.1% during the second quarter. Blair William & Co. IL now owns 1,157,405 shares of the company's stock valued at $17,222,000 after purchasing an additional 1,040,629 shares in the last quarter. Hedge funds and other institutional investors own 95.75% of the company's stock.

Insider Buying and Selling at Sweetgreen

In related news, Director Clifford Burrows bought 19,200 shares of the company's stock in a transaction on Friday, May 23rd. The shares were purchased at an average price of $13.11 per share, for a total transaction of $251,712.00. Following the completion of the transaction, the director directly owned 19,200 shares in the company, valued at approximately $251,712. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Mitch Reback sold 10,088 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $15.23, for a total value of $153,640.24. Following the sale, the chief financial officer owned 334,421 shares in the company, valued at approximately $5,093,231.83. This represents a 2.93% decrease in their position. The disclosure for this sale can be found here. 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.