CAVA Group (NYSE:CAVA – Free Report) had its price objective lifted by Citigroup from $74.00 to $75.00 in a research report report published on Wednesday,Benzinga reports. Citigroup currently has a neutral rating on the stock.
Several other research firms have also recently weighed in on CAVA. TD Cowen increased their price objective on shares of CAVA Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday. Truist Financial increased their price target on CAVA Group from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday. Piper Sandler boosted their price objective on CAVA Group from $71.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday. Sanford C. Bernstein upped their target price on CAVA Group from $75.00 to $84.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Benchmark upgraded CAVA Group to a “strong-buy” rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $82.45.
View Our Latest Stock Report on CAVA Group
CAVA Group Trading Down 3.0%
CAVA Group (NYSE:CAVA – Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $274.99 million for the quarter, compared to analyst estimates of $268.04 million. CAVA Group had a return on equity of 8.43% and a net margin of 5.40%.The firm’s quarterly revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 earnings per share. As a group, analysts forecast that CAVA Group will post 0.5 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CAO Adam David Phillips sold 774 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 $48,096.36. Following the transaction, the chief accounting officer directly owned 10,435 shares of the company’s stock, valued at $648,430.90. This trade represents a 6.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kenneth Robert Bertram sold 994 shares of CAVA Group stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $62.14, for a total transaction of $61,767.16. Following the transaction, the insider directly owned 49,122 shares in the company, valued at approximately $3,052,441.08. This represents a 1.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,055 shares of company stock valued at $2,572,303 over the last 90 days. 6.80% of the stock is currently owned by company insiders.
Institutional Trading of CAVA Group
A number of large investors have recently bought and sold shares of CAVA. Los Angeles Capital Management LLC purchased a new position in shares of CAVA Group in the fourth quarter worth about $25,000. Cornerstone Planning Group LLC boosted its position in shares of CAVA Group by 378.7% during the 3rd 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 last quarter. Harbor Investment Advisory LLC lifted its position in CAVA Group by 347.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 515 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of CAVA Group during the 2nd quarter valued at $31,000. Finally, Toth Financial Advisory Corp raised its position in shares of CAVA Group by 656.7% during 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 in the last quarter. 73.15% of the stock is owned by hedge funds and other institutional investors.
CAVA Group News Summary
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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