Sweetgreen stock hits 52-week low at 11.85 USD

Published 01/08/2025, 20:38
Sweetgreen stock hits 52-week low at 11.85 USD

Sweetgreen Inc’s stock has reached a new 52-week low, hitting a price of 11.85 USD. The company, currently valued at $1.52 billion, maintains a healthy liquidity position with a current ratio of 1.97, indicating strong ability to meet short-term obligations. Over the past year, the stock has experienced a significant decline, with a 1-year change of -55.02%. According to InvestingPro, this performance comes despite 11.1% revenue growth, with two key ProTips highlighting the stock’s high price volatility and its trading near 52-week lows. Eight additional ProTips are available for subscribers. Investors will be closely monitoring Sweetgreen’s strategies to address these challenges and stabilize its stock performance, with particular attention to the upcoming earnings report in 6 days. For comprehensive analysis, including Fair Value estimates and detailed financial health scores, check out the Pro Research Report available on InvestingPro.

In other recent news, Sweetgreen Inc. reported its first-quarter 2025 earnings, with revenue reaching $166.3 million, slightly surpassing the anticipated $165.8 million. However, earnings per share (EPS) aligned with forecasts at a negative $0.21. UBS recently adjusted its price target for Sweetgreen to $19.00 from $30.00, maintaining a Buy rating due to macroeconomic headwinds affecting the company’s performance. Meanwhile, Barclays (LON:BARC) initiated coverage on Sweetgreen with an equalweight rating and set a price target of $16.00, citing the company’s strong growth metrics but challenges in valuation. TD Cowen reiterated a Buy rating with a price target of $25.00, noting positive signs from Sweetgreen’s revamped loyalty program. Additionally, Sweetgreen stockholders approved all proposals at the company’s annual meeting, electing nine directors to serve until 2026. These developments reflect ongoing efforts and challenges faced by Sweetgreen in the current market environment.

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