CAVA Group (NYSE:CAVA – Free Report) had its target price upped by TD Cowen from $85.00 to $90.00 in a research note released on Wednesday morning,Benzinga reports. TD Cowen currently has a buy rating on the stock.
A number of other equities analysts also recently commented on CAVA. Truist Financial raised their price objective on CAVA Group from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Johnson Rice set a $72.00 price target on shares of CAVA Group in a report on Monday, January 5th. Piper Sandler decreased their target price on CAVA Group from $100.00 to $71.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. KeyCorp decreased their target price on shares of CAVA Group from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Finally, Telsey Advisory Group boosted their price objective on shares of CAVA Group from $85.00 to $88.00 and gave the stock an “outperform” rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $82.45.
View Our Latest Analysis on CAVA
CAVA Group Stock Performance
CAVA Group (NYSE:CAVA – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. CAVA Group had a net margin of 5.40% and a return on equity of 8.43%. The business had revenue of $274.99 million for the quarter, compared to analyst estimates of $268.04 million. During the same period in the previous year, the business posted $0.05 earnings per share. The business’s revenue was up 20.9% compared to the same quarter last year. Equities analysts expect that CAVA Group will post 0.5 earnings per share for the current year.
Insider Activity
In other CAVA Group news, insider Kenneth Robert Bertram sold 994 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $62.14, for a total transaction of $61,767.16. Following the transaction, the insider owned 49,122 shares in the company, valued at $3,052,441.08. This represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Theodoros Xenohristos sold 1,039 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $62.14, for a total transaction of $64,563.46. Following the completion of the transaction, the insider directly owned 332,205 shares in the company, valued at approximately $20,643,218.70. This represents a 0.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 39,055 shares of company stock valued at $2,572,303. 6.80% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On CAVA Group
A number of hedge funds have recently modified their holdings of the business. Atlantic Union Bankshares Corp bought a new stake in shares of CAVA Group in the 2nd quarter valued at about $31,000. Cornerstone Planning Group LLC grew its stake in CAVA Group by 378.7% in the third quarter. Cornerstone Planning Group LLC now owns 450 shares of the company’s stock valued at $27,000 after acquiring an additional 356 shares during the period. Los Angeles Capital Management LLC acquired a new position in CAVA Group during the 4th quarter valued at about $25,000. Toth Financial Advisory Corp raised its position in CAVA Group by 656.7% in the 3rd quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock valued at $31,000 after buying an additional 440 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in CAVA Group by 347.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 515 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 73.15% of the company’s stock.
Key Headlines Impacting CAVA Group
Here are the key news stories impacting CAVA Group this week:
- Positive Sentiment: Q4 beat and $1B revenue milestone: CAVA reported an EPS and revenue beat for Q4 and crossed the $1 billion revenue mark — results that supported the recent rally. CAVA valuation and earnings
- Positive Sentiment: Shares initially gapped up after earnings as investors reacted to the beat and management commentary. Shares gap up after earnings
- Positive Sentiment: Bullish analyst activity: TD Cowen raised its price target to $90, signaling confidence in growth and comp performance ahead. TD Cowen raises PT
- Positive Sentiment: Additional bullish notes from major brokers — UBS, Morgan Stanley, RBC and Piper Sandler flagged upside potential or said the stock is likely to rise, adding buy-side momentum. UBS bullish outlook Morgan Stanley comment RBC note Piper Sandler forecast
- Neutral Sentiment: Citigroup raised its price target to $75 — an upgrade in coverage but a target below the current trading level, making its impact ambiguous. Citigroup raises PT
- Neutral Sentiment: Argus reaffirmed a “hold” rating, suggesting some analysts remain cautious despite the beat. Argus hold rating
- Negative Sentiment: Valuation worries: multiple commentators note CAVA trades at a rich multiple (high trailing P/S ~7) and question whether Q4 justifies the premium, which can cap near-term upside. Invezz valuation piece Seeking Alpha valuation critique
- Negative Sentiment: Modest same-store-sales guidance: management is guiding 3–5% comps in 2026 while limiting menu price increases to attract value-conscious customers — a conservative growth outlook that may disappoint growth-focused investors. Earnings call summary
CAVA Group Company Profile
CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.
Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.
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