Sweetgreen, Inc.

Sweetgreen, Inc. (NYSE: SG) operates as a restaurant and lifestyle brand centered on providing healthy food at scale, with a menu built around customization and convenience to support nutritious choices across both lunch and dinner occasions.

As per US Dailies Report published on ‘SG’ on Nov 12, 2025, Kalkine provided an ‘Buy’ stance on the stock at USD 5.23 based on technical analysis and the stock price has now moved up by ~ 31.36% since then.

Noted below are the details of support and resistance levels provided in our previous report:

Rationale:

Despite a near-term uplift in restaurant stocks driven by easing geopolitical tensions and lower oil prices, the underlying fundamentals for Sweetgreen remain weak, with declining revenues, missed expectations, soft same-store sales outlook, and continued pressure on consumer demand. Elevated volatility, significant drawdown from historical highs, and cautious analyst revisions further indicate that recent rallies may be more sentiment-driven than reflective of durable earnings recovery or sustained operating momentum.

Share Price Chart  

Conclusion

Given that the recent rally appears to be supported more by short-term macro tailwinds and sentiment shifts, while underlying fundamentals, cautious analyst outlook, and persistent volatility remain concerns, a "Sell" is recommendation on Sweetgreen, Inc. (NYSE: SG) has been given at the closing market price of USD 6.87 as on 17 April 2026.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 17 April 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and/or technical analysis taking into consideration both short-term and long-term scenario.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 6: Dividend Yield may vary as per the stock price movement.