CAVA Group (NYSE:CAVA – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Roth Capital in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $95.00 price objective on the stock, down from their previous price objective of $106.00. Roth Capital’s price target would indicate a potential upside of 37.84% from the stock’s current price.
Several other equities research analysts also recently weighed in on CAVA. TD Cowen reissued a “buy” rating on shares of CAVA Group in a research report on Wednesday. Benchmark lifted their price target on CAVA Group from $80.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Northcoast Research raised CAVA Group to a “strong sell” rating in a report on Tuesday, April 21st. KeyCorp cut their price objective on CAVA Group from $110.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Freedom Capital raised CAVA Group to a “hold” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CAVA Group currently has an average rating of “Moderate Buy” and a consensus price target of $90.38.
Get Our Latest Analysis on CAVA
CAVA Group Trading Up 13.3%
CAVA Group (NYSE:CAVA – Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. CAVA Group had a net margin of 4.79% and a return on equity of 7.92%. The firm had revenue of $368.44 million for the quarter, compared to analysts’ expectations of $360.09 million. During the same period in the prior year, the company posted $0.16 earnings per share. The firm’s quarterly revenue was up 31.3% on a year-over-year basis. Sell-side analysts predict that CAVA Group will post 0.54 EPS for the current year.
Insider Buying and Selling at CAVA Group
In other CAVA Group news, CFO Tricia K. Tolivar sold 4,969 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $89.43, for a total value of $444,377.67. Following the transaction, the chief financial officer owned 234,931 shares of the company’s stock, valued at $21,009,879.33. This trade represents a 2.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Kelly Costanza sold 12,490 shares of CAVA Group stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $90.00, for a total value of $1,124,100.00. Following the completion of the transaction, the insider owned 98,490 shares of the company’s stock, valued at approximately $8,864,100. The trade was a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 82,703 shares of company stock worth $7,249,579. 6.70% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new stake in CAVA Group in the second quarter worth $31,000. Los Angeles Capital Management LLC bought a new position in shares of CAVA Group during the fourth quarter worth about $25,000. TD Private Client Wealth LLC increased its holdings in shares of CAVA Group by 118.2% in the 4th quarter. TD Private Client Wealth LLC now owns 600 shares of the company’s stock worth $35,000 after acquiring an additional 325 shares during the period. EverSource Wealth Advisors LLC lifted its position in CAVA Group by 115.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 647 shares of the company’s stock valued at $38,000 after purchasing an additional 347 shares during the last quarter. Finally, Allworth Financial LP lifted its position in CAVA Group by 57.4% in the 4th quarter. Allworth Financial LP now owns 650 shares of the company’s stock valued at $38,000 after purchasing an additional 237 shares during the last quarter. Institutional investors and hedge funds own 73.15% of the company’s stock.
CAVA Group News Roundup
Here are the key news stories impacting CAVA Group this week:
- Positive Sentiment: CAVA reported adjusted earnings of $0.19 per share, above the $0.18 consensus estimate, while revenue rose approximately 31.3% year over year to roughly $365 million-$368 million, exceeding analyst expectations. CAVA Group Q2 Earnings Beat Estimates on Traffic and Unit Growth
- Positive Sentiment: Comparable-restaurant sales grew 9%, driven primarily by increased traffic, indicating resilient consumer demand despite broader concerns about restaurant spending. The company also benefited from continued unit growth. Cava Same-Store Sales Gains Boost Earnings in Second Quarter
- Positive Sentiment: Management reiterated its fiscal 2026 outlook, including a projected 4.5%-6.5% increase in same-restaurant sales. Maintaining guidance after a strong quarter helped reinforce investor confidence. CAVA Reiterates FY2026 Outlook
- Positive Sentiment: RBC raised its price target to $95 and retained an “outperform” rating, suggesting analysts see substantial upside following the earnings report. RBC Analyst Update
- Neutral Sentiment: KeyCorp lowered its price target to $95 from $110 but maintained an “overweight” rating. The revision reflects a more cautious valuation view, while the rating indicates continued confidence in CAVA’s operating outlook. KeyCorp Analyst Update
- Negative Sentiment: Higher food, labor and delivery expenses pressured margins. Food-safety-related volatility, including easing concerns tied to cyclospora, remains a risk to traffic and future comparable-sales performance.
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.
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