Sweetgreen
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 Q3 regulatory filings by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 39
70% more call options, than puts
Call options by funds: $172M | Put options by funds: $101M
64% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 64
24% more capital invested
Capital invested by funds: $2.93B [Q2] → $3.63B (+$697M) [Q3]
14% more funds holding
Funds holding: 237 [Q2] → 270 (+33) [Q3]
3.73% more ownership
Funds ownership: 96.9% [Q2] → 100.63% (+3.73%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Jon Tower 58% 1-year accuracy 18 / 31 met price target | 46%upside $49 | Buy Upgraded | 10 Jan 2025 |
Oppenheimer Brian Bittner 32% 1-year accuracy 12 / 38 met price target | 22%upside $41 | Outperform Maintained | 7 Jan 2025 |
TD Cowen Andrew Charles 44% 1-year accuracy 53 / 120 met price target | 34%upside $45 | Buy Reiterated | 18 Nov 2024 |
UBS Dennis Geiger 40% 1-year accuracy 8 / 20 met price target | 34%upside $45 | Buy Maintained | 8 Nov 2024 |
Goldman Sachs Christine Cho 60% 1-year accuracy 28 / 47 met price target | 19%upside $40 | Neutral Downgraded | 8 Nov 2024 |
Financial journalist opinion
Based on 10 articles about SG published over the past 30 days