CAVA Group (NYSE:CAVA) Price Target Raised to $95.00 at Royal Bank Of Canada

CAVA Group (NYSE:CAVA) had its price target increased by analysts at Royal Bank Of Canada from $90.00 to $95.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 56.10% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the stock. Northcoast Research upgraded shares of CAVA Group to a “strong sell” rating in a research note on Tuesday, April 21st. Robert W. Baird increased their price target on shares of CAVA Group from $88.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Sanford C. Bernstein restated an “outperform” rating on shares of CAVA Group in a report on Wednesday. Benchmark increased their target price on CAVA Group from $80.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, UBS Group upgraded CAVA Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $85.00 to $90.00 in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.58.

CAVA Group Stock Performance

CAVA stock opened at $60.86 on Wednesday. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 117.04, a PEG ratio of 4.23 and a beta of 1.74. The firm has a 50 day moving average price of $73.06 and a 200-day moving average price of $76.79. CAVA Group has a 52-week low of $43.41 and a 52-week high of $98.79.

CAVA Group (NYSE:CAVA) last released its earnings results on Tuesday, August 11th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. CAVA Group had a return on equity of 7.92% and a net margin of 4.79%.The business had revenue of $368.44 million for the quarter, compared to the consensus estimate of $360.09 million. During the same period in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 31.3% compared to the same quarter last year. As a group, sell-side analysts forecast that CAVA Group will post 0.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CAVA Group news, CAO Adam David Phillips sold 757 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $89.43, for a total value of $67,698.51. Following the transaction, the chief accounting officer owned 6,848 shares of the company’s stock, valued at approximately $612,416.64. This represents a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 the business’s stock in a transaction dated 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 sale, the insider owned 98,490 shares of the company’s stock, valued at approximately $8,864,100. This represents a 11.25% 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. Insiders have sold a total of 82,703 shares of company stock valued at $7,249,579 over the last ninety days. 6.70% of the stock is owned by insiders.

Institutional Investors Weigh In On CAVA Group

A number of hedge funds have recently modified their holdings of the business. Bison Wealth LLC bought a new stake in CAVA Group during the fourth quarter valued at about $208,000. Goldman Sachs Group Inc. raised its position 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 purchasing an additional 75,828 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of CAVA Group by 17.3% during 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 valued at $20,447,000 after buying an additional 34,860 shares in the last quarter. Brown Advisory Inc. boosted its holdings in 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 period. Finally, Cresset Asset Management LLC raised its holdings in CAVA Group by 20.3% during the second quarter. Cresset Asset Management LLC now owns 9,165 shares of the company’s stock valued at $772,000 after acquiring an additional 1,549 shares during the period. Institutional investors own 73.15% of the company’s stock.

CAVA Group News Summary

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: CAVA reported quarterly earnings of $0.19 per share, exceeding the $0.18 analyst consensus and improving from $0.16 a year earlier. Revenue climbed 31.3% year over year to $368.44 million, ahead of the $360.09 million estimate. CAVA Group Reports Second Quarter 2026 Results
• Positive Sentiment: Same-restaurant sales increased approximately 9%, while traffic growth helped drive the quarterly beat. The company also posted a quarterly profit of about $23 million, reinforcing evidence of sustained demand for its food offerings. Cava Same-Store Sales Gains Boost Earnings in Second Quarter
• Positive Sentiment: The results suggest CAVA continues to benefit from Mediterranean cuisine demand and customer traffic, with analysts describing the quarter as a clean beat on both earnings and revenue. Cava Group Q2 2026: Traffic Growth Powers a Clean Beat
• Neutral Sentiment: Management reiterated its fiscal 2026 forecast for 4.5% to 6.5% same-restaurant sales growth and maintained full-year guidance. Keeping the outlook intact is reassuring, but the absence of an increase may limit additional upside expectations. CAVA Reiterates Fiscal 2026 Outlook
• Negative Sentiment: Food-safety-related disruptions and broader economic concerns are producing volatility in restaurant demand. Investors may remain cautious because CAVA trades at a premium valuation, with the supplied price data showing a trailing P/E above 117 and shares below their 50-day and 200-day moving averages.

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.