CAVA Group (NYSE:CAVA) Stock Price Expected to Rise, Robert W. Baird Analyst Says

CAVA Group (NYSE:CAVA) had its price objective hoisted by stock analysts at Robert W. Baird from $88.00 to $98.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s target price would suggest a potential upside of 25.56% from the company’s current price.

Several other brokerages have also recently issued reports on CAVA. Piper Sandler reaffirmed an “overweight” rating on shares of CAVA Group in a research report on Wednesday. KeyCorp lifted their target price on CAVA Group from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, April 20th. Mizuho lifted their target price on CAVA Group from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CAVA Group in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lifted their target price on CAVA Group from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, CAVA Group presently has an average rating of “Moderate Buy” and an average price target of $90.50.

CAVA Group Stock Performance

Shares of CAVA Group stock opened at $78.05 on Wednesday. The stock has a market capitalization of $9.09 billion, a PE ratio of 144.54, a price-to-earnings-growth ratio of 5.62 and a beta of 1.90. CAVA Group has a 52 week low of $43.41 and a 52 week high of $98.79. The stock has a 50 day moving average price of $84.98 and a two-hundred day moving average price of $69.27.

CAVA Group (NYSE:CAVA) last announced its earnings results on Tuesday, May 19th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $438.27 million for the quarter, compared to analysts’ expectations of $418.46 million. CAVA Group had a return on equity of 8.43% and a net margin of 5.40%.CAVA Group’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 earnings per share. Research analysts forecast that CAVA Group will post 0.52 EPS for the current year.

Insiders Place Their Bets

In related news, insider Theodoros Xenohristos sold 9,044 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $79.75, for a total transaction of $721,259.00. Following the completion of the transaction, the insider owned 327,882 shares in the company, valued at approximately $26,148,589.50. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 6.70% of the company’s stock.

Institutional Trading of CAVA Group

Hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its stake in shares of 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 buying an additional 356 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of CAVA Group during the 4th quarter valued at $25,000. Harbor Investment Advisory LLC raised its stake in shares of 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 purchasing an additional 400 shares during the period. CNB Bank raised its stake in shares of CAVA Group by 275.8% during the 3rd quarter. CNB Bank now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 422 shares during the period. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of CAVA Group during the 3rd quarter valued at $36,000. 73.15% of the stock is currently owned by institutional investors.

CAVA Group News Roundup

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

• Positive Sentiment: CAVA reported Q1 earnings of $0.20 per share, ahead of the $0.17 consensus estimate, and revenue of $438.27 million versus expectations of $418.46 million, signaling solid operational execution. CAVA Group Reports First Quarter 2026 Results
• Positive Sentiment: Comparable sales and traffic trends came in strong, helping support a raised full-year outlook and boosting confidence that momentum can continue. Cava Revenue Climbs in as Traffic Grows
• Positive Sentiment: Management’s guidance increase and commentary about resilience despite a tougher macro backdrop suggest the growth story remains intact, which is encouraging for investors paying a premium valuation. Cava Defies Restaurant Downturn Fears With Raised Outlook
• Neutral Sentiment: CAVA also highlighted its push into AI, using data tools to predict orders, optimize labor, and personalize customer interactions, which could help long-term efficiency but is not an immediate financial catalyst. Cava wants AI to help power its Mediterranean bowl empire
• Neutral Sentiment: Analyst and media coverage has focused on the earnings beat and valuation debate, reinforcing that investor attention is centered on whether CAVA can sustain high growth after a strong quarter. Cava Group (CAVA) Q1 Earnings and Revenues Beat Estimates
• Negative Sentiment: Despite the strong quarter, CAVA’s earnings per share were slightly below last year’s level, and the stock still trades at a rich valuation, which may limit upside if growth slows. CAVA Group Faces First Comp Sales Test As Growth Story Meets Rich Valuation

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.