SweetgreenSG
Market Cap: $3.18B
About: Sweetgreen Inc is a next-generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.
Employees: 6,186
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
143% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 30
53% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 57
25% more capital invested
Capital invested by funds: $2.26B [Q1] → $2.83B (+$573M) [Q2]
22% more funds holding
Funds holding: 194 [Q1] → 237 (+43) [Q2]
4.14% more ownership
Funds ownership: 89.41% [Q1] → 93.55% (+4.14%) [Q2]
7% more call options, than puts
Call options by funds: $97.1M | Put options by funds: $91M
33% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
TD Cowen Andrew Charles 47% 1-year accuracy 54 / 116 met price target | 54%upside $43 | Buy Upgraded | 4 Sept 2024 |
B of A Securities Sara Senatore 54% 1-year accuracy 13 / 24 met price target | 54%upside $43 | Buy Maintained | 19 Aug 2024 |
Piper Sandler Aisling Grueninger 50% 1-year accuracy 1 / 2 met price target | 40%upside $39 | Neutral Downgraded | 19 Aug 2024 |
Oppenheimer Brian Bittner 33% 1-year accuracy 11 / 33 met price target | 44%upside $40 | Outperform Maintained | 15 Aug 2024 |
Citigroup Jon Tower 66% 1-year accuracy 19 / 29 met price target | 15%upside $32 | Neutral Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 39 articles about SG published over the past 30 days