CAVA Group, Inc. (NYSE:CAVA – Get Free Report) has earned an average recommendation of “Moderate Buy” from the twenty-seven ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $90.00.
CAVA has been the subject of a number of research analyst reports. Roth Capital reissued a “buy” rating and issued a $95.00 target price (down from $106.00) on shares of CAVA Group in a report on Wednesday. Robert W. Baird upped their price target on CAVA Group from $88.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. UBS Group raised CAVA Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $85.00 to $90.00 in a research report on Wednesday, June 10th. DA Davidson lifted their price objective on CAVA Group from $80.00 to $84.00 and gave the stock a “neutral” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada lifted their price objective on CAVA Group from $90.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday.
Check Out Our Latest Research Report on CAVA Group
CAVA Group Stock Up 15.0%
CAVA Group (NYSE:CAVA – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. The company had revenue of $368.44 million during the quarter, compared to analyst estimates of $360.09 million. CAVA Group had a net margin of 4.82% and a return on equity of 8.43%. The firm’s revenue for the quarter was up 31.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. On average, sell-side analysts expect that CAVA Group will post 0.54 EPS for the current year.
More CAVA Group News
Here are the key news stories impacting CAVA Group this week:
- Positive Sentiment: Quarterly beat: CAVA reported adjusted earnings of $0.19 per share versus the $0.18 consensus estimate. Revenue increased 31.3% year over year to approximately $365 million–$368 million, exceeding Wall Street expectations. Cava Group Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Strong restaurant demand: Same-restaurant sales rose roughly 9%–9.7%, driven primarily by traffic and continued unit growth. Analysts also pointed to strong performance from newer locations, suggesting the brand is retaining customer momentum. What Drove CAVA Same-Store Sales Up 9.7%
- Positive Sentiment: Food-safety concerns appear manageable: Commentary following the earnings report characterized CAVA’s traffic recovery as faster than feared despite cyclospora-related concerns affecting the restaurant sector. CAVA Shakes Off Food-Safety Scare
- Positive Sentiment: Analyst support: RBC raised its price target to $95 and maintained an “outperform” rating, while Roth Capital reaffirmed its “buy” rating with a $95 target. Analyst Ratings
- Neutral Sentiment: CAVA reiterated its fiscal 2026 outlook for 4.5%–6.5% same-restaurant sales growth, preserving its guidance despite recent volatility. CAVA Reiterates Fiscal 2026 Outlook
- Negative Sentiment: Margin risks remain: Higher food, labor and delivery costs pressured profitability, while KeyCorp lowered its price target from $110 to $95 and Roth Capital reduced its target from $106 to $95. The cuts indicate analysts still see valuation and cost risks despite the earnings beat. CAVA Q2 Earnings Beat Estimates
- Negative Sentiment: A broader cyclospora scare has sharply reduced lettuce prices and could continue to weigh on consumer perceptions of leafy-green restaurant offerings, even though CAVA’s latest traffic trends were encouraging. Lettuce Prices Fall as Cyclospora Concerns Spread
Insider Activity
In other news, CAO Adam David Phillips sold 757 shares of CAVA Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $89.43, for a total value of $67,698.51. Following the completion of the sale, the chief accounting officer directly owned 6,848 shares in the company, valued at $612,416.64. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Tricia K. Tolivar sold 4,969 shares of CAVA Group stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $89.43, for a total transaction of $444,377.67. Following the completion of the sale, the chief financial officer owned 234,931 shares of the company’s stock, valued at $21,009,879.33. This represents a 2.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 82,703 shares of company stock worth $7,249,579. 6.70% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On CAVA Group
Large investors have recently added to or reduced their stakes in the stock. Bison Wealth LLC purchased a new stake in CAVA Group during the 4th quarter valued at $208,000. Goldman Sachs Group Inc. lifted its holdings in shares of CAVA Group by 14.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 606,780 shares of the company’s stock valued at $52,432,000 after buying an additional 75,828 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of CAVA Group by 17.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 236,622 shares of the company’s stock worth $20,447,000 after buying an additional 34,860 shares during the last quarter. Brown Advisory Inc. boosted its stake in shares of CAVA Group by 9.3% in the 2nd quarter. Brown Advisory Inc. now owns 2,979 shares of the company’s stock worth $251,000 after buying an additional 253 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in shares of CAVA Group by 20.3% in the 2nd quarter. Cresset Asset Management LLC now owns 9,165 shares of the company’s stock worth $772,000 after buying an additional 1,549 shares during the last quarter. Institutional investors own 73.15% of the company’s stock.
About CAVA Group
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.
Recommended Stories
- Five stocks we like better than CAVA Group
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for CAVA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAVA Group and related companies with MarketBeat.com's FREE daily email newsletter.
