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WAIT
It went public right before Thanksgiving. The stock became way too hot. Circle back now and shares have fallen to an interesting level. Still not a buy, though. It IPO'd at $28, spiked to $56 immediately and closed around $50. This company is dirupting an entire industry (food). Then, Omicron hit and this stock fell to $24, now back to $33. SG has a strong concept run by smart guys. But it has only 130 locations in the U.S, so you're buying future growth, not current performance. Interesting concept, but a lot of things can go wrong as it grows. In the first 9 months this year, they saw 21% same-store sales growth, though coming off a low base. Pre-Covid, they saw 15% SS-sales growth in 2019. These are fantastic numbers. They had positive profit margins pre-Covid, dipped negative in 2020, but now positive again. SG projects ambitious goals. He is torn about this. SG speaks to the modern, ecologically friendly customers, but such food stocks have initially roared then fizzled. How big can a salad chain get in America? This may be popular on the east coast where Wall Street is, but what about middle America? Wait to see how SG does.
food services
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Sweetgreen(SG-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Sweetgreen is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sweetgreen(SG-Q) Frequently Asked Questions

What is Sweetgreen stock symbol?

Sweetgreen is a OTC stock, trading under the symbol SG-Q on the (). It is usually referred to as or SG-Q

Is Sweetgreen a buy or a sell?

In the last year, there was no coverage of Sweetgreen published on Stockchase.

Is Sweetgreen a good investment or a top pick?

Sweetgreen was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Sweetgreen.

Why is Sweetgreen stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sweetgreen worth watching?

In the last year 0 stock analysts on Stockchase covered Sweetgreen. The stock is worth watching.

What is Sweetgreen stock price?

On , Sweetgreen (SG-Q) stock closed at a price of $.