Sweetgreen (NYSE: SG) recently gapped up after clearing the $13 level, showing renewed momentum and strong market interest . Technical setup points to a key breakout above $16.58, paving the way toward the $27.15 resistance—a setup offering a solid risk‑reward profile with a stop‑loss at $2.78.
Wall Street analysts are cautiously optimistic: the consensus rating remains “Moderate Buy,” with 14 analysts covering the stock and the average 12‑month target reaching ~$28—potential upside over 90% from current levels. Notably, JPMorgan recently downgraded SG to neutral with a $16 target, citing consumer sensitivity, while TD Cowen emphasized the strength of the chain’s Infinite Kitchen automation and same-store sales momentum
Despite short-term headwinds, structural growth drivers remain intact. SG is scaling fast-casual expansion, rolling out automated kitchens, and gaining digital traction through its rewards program and loyalty initiatives
https://tradingview.sweetlogin.com/x/Zv6ZVdn5/
SG
Wall Street analysts are cautiously optimistic: the consensus rating remains “Moderate Buy,” with 14 analysts covering the stock and the average 12‑month target reaching ~$28—potential upside over 90% from current levels. Notably, JPMorgan recently downgraded SG to neutral with a $16 target, citing consumer sensitivity, while TD Cowen emphasized the strength of the chain’s Infinite Kitchen automation and same-store sales momentum
Despite short-term headwinds, structural growth drivers remain intact. SG is scaling fast-casual expansion, rolling out automated kitchens, and gaining digital traction through its rewards program and loyalty initiatives
https://tradingview.sweetlogin.com/x/Zv6ZVdn5/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.