FY2026 EPS Estimates for CAVA Group Cut by William Blair

CAVA Group, Inc. (NYSE:CAVA) – Equities research analysts at William Blair reduced their FY2026 earnings per share estimates for shares of CAVA Group in a report issued on Monday, October 20th. William Blair analyst S. Zackfia now expects that the company will earn $0.58 per share for the year, down from their previous estimate of $0.64. The consensus estimate for CAVA Group’s current full-year earnings is $0.50 per share.

CAVA has been the subject of a number of other reports. Cfra Research raised CAVA Group to a “strong-buy” rating in a report on Thursday, August 14th. Royal Bank Of Canada initiated coverage on CAVA Group in a report on Wednesday, October 8th. They set an “outperform” rating and a $80.00 price objective on the stock. Barclays reduced their target price on CAVA Group from $74.00 to $64.00 and set an “equal weight” rating for the company in a report on Wednesday. Citigroup cut their price objective on shares of CAVA Group from $102.00 to $88.00 and set a “neutral” rating for the company in a research report on Wednesday, August 13th. Finally, Melius initiated coverage on shares of CAVA Group in a research note on Monday, July 14th. They set a “hold” rating and a $95.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CAVA Group presently has a consensus rating of “Moderate Buy” and an average price target of $93.74.

CAVA Group Trading Down 1.7%

CAVA Group stock opened at $64.35 on Wednesday. The firm has a 50 day simple moving average of $64.84 and a 200 day simple moving average of $78.55. CAVA Group has a 1-year low of $58.33 and a 1-year high of $172.43. The firm has a market capitalization of $7.46 billion, a price-to-earnings ratio of 54.07, a P/E/G ratio of 3.37 and a beta of 2.50.

CAVA Group (NYSE:CAVA) last issued its earnings results on Tuesday, August 12th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. CAVA Group had a net margin of 12.98% and a return on equity of 9.83%. The firm had revenue of $280.62 million during the quarter, compared to analyst estimates of $285.65 million. During the same quarter last year, the business earned $0.17 earnings per share. The company’s quarterly revenue was up 20.2% on a year-over-year basis.

Institutional Investors Weigh In On CAVA Group

Several hedge funds have recently bought and sold shares of CAVA. First Horizon Advisors Inc. increased its stake in shares of CAVA Group by 1,400.0% during the first quarter. First Horizon Advisors Inc. now owns 285 shares of the company’s stock valued at $25,000 after purchasing an additional 266 shares in the last quarter. Vision Financial Markets LLC bought a new position in CAVA Group during the 1st quarter valued at approximately $26,000. Dagco Inc. purchased a new position in CAVA Group during the first quarter valued at $27,000. Atlantic Union Bankshares Corp bought a new stake in CAVA Group in the second quarter worth $31,000. Finally, Brooklyn Investment Group boosted its holdings in CAVA Group by 168.0% in the first quarter. Brooklyn Investment Group now owns 402 shares of the company’s stock worth $35,000 after acquiring an additional 252 shares in the last quarter. Institutional investors own 73.15% of the company’s stock.

CAVA Group Company Profile

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.