10 Stocks with Huge Catalysts on the Horizon

8. Sweetgreen, Inc. (NYSE:SG)

Number of Hedge Fund Holders: 27

Sweetgreen, Inc. (NYSE:SG) found its way into our list of 10 stocks with huge catalysts on the horizon. Mixed analyst ratings on the stock amid investment in Infinite Kitchen technology and health-food headwinds.

Sweetgreen, Inc. (NYSE:SG) is a fast-casual restaurant chain specializing in serving healthy, plant-forward food, primarily salads and warm bowls. Operating from its headquarters in California, the company places importance on fresh, locally sourced ingredients, made from scratch in its restaurants. The company prioritizes sustainability and aims to be carbon neutral by the end of 2027.

On June 4, 2025, Sweetgreen, Inc. (NYSE:SG) participated in the 45th Annual William Blair Growth Stock Conference and discussed its strategic decisions. Part of it involves significantly expanding its restaurant count with a focus on technology-driven locations like the Infinite Kitchen – an automated food preparation system. Additionally, it also intends to benefit from the ongoing healthy foods trend with the help of its SG rewards program on its digital platform and Suite Lane drive-thru, which achieved same-store sales growth of 20%.

However, Morgan Stanley lowered its price target on the stock from $22 to $17 while maintaining an Equal Weight rating, following a drop in Q2 sales by 6.65%. Barclays, while maintaining the same rating, raised its target from $16 to $17.

Hence, with growth potential and mixed analyst sentiment, the institutional confidence in Sweetgreen, Inc. (NYSE:SG) stands modest at 27 hedge funds having an ownership stake in the company.