CAVA Group (NYSE:CAVA) Price Target Raised to $90.00 at Royal Bank Of Canada

CAVA Group (NYSE:CAVAFree Report) had its price objective upped by Royal Bank Of Canada from $80.00 to $90.00 in a research report released on Wednesday,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other research analysts have also recently weighed in on CAVA. TD Cowen boosted their price target on CAVA Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. UBS Group boosted their target price on CAVA Group from $66.00 to $69.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. Johnson Rice set a $72.00 price target on shares of CAVA Group in a report on Monday, January 5th. Sanford C. Bernstein set a $70.00 price objective on shares of CAVA Group in a report on Wednesday, January 7th. Finally, Truist Financial raised their target price on shares of CAVA Group from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, CAVA Group presently has a consensus rating of “Moderate Buy” and an average target price of $83.22.

Check Out Our Latest Stock Report on CAVA

CAVA Group Stock Performance

Shares of NYSE CAVA opened at $85.39 on Wednesday. The firm’s 50 day moving average price is $65.30 and its 200-day moving average price is $61.69. CAVA Group has a 52-week low of $43.41 and a 52-week high of $101.58. The company has a market cap of $9.90 billion, a PE ratio of 158.12, a P/E/G ratio of 4.98 and a beta of 2.41.

CAVA Group (NYSE:CAVAGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $274.99 million during the quarter, compared to the consensus estimate of $268.04 million. CAVA Group had a net margin of 5.40% and a return on equity of 8.51%. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.05 earnings per share. On average, analysts forecast that CAVA Group will post 0.5 earnings per share for the current fiscal year.

Insider Activity at CAVA Group

In other news, CEO Brett Schulman sold 4,542 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $62.14, for a total transaction of $282,239.88. Following the completion of the sale, the chief executive officer owned 802,783 shares of the company’s stock, valued at $49,884,935.62. The trade was a 0.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Adam David Phillips sold 774 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $62.14, for a total value of $48,096.36. Following the completion of the transaction, the chief accounting officer directly owned 10,435 shares in the company, valued at approximately $648,430.90. This represents a 6.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 39,055 shares of company stock valued at $2,572,303 in the last three months. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of CAVA Group

A number of hedge funds and other institutional investors have recently bought and sold shares of CAVA. Pacer Advisors Inc. lifted its position in shares of CAVA Group by 65.6% during the 4th quarter. Pacer Advisors Inc. now owns 21,742 shares of the company’s stock valued at $1,276,000 after buying an additional 8,612 shares in the last quarter. Invesco Ltd. raised its stake in CAVA Group by 8.2% during the 4th quarter. Invesco Ltd. now owns 145,565 shares of the company’s stock worth $8,543,000 after acquiring an additional 11,013 shares during the period. Alberta Investment Management Corp purchased a new position in CAVA Group during the fourth quarter valued at approximately $1,473,000. Mercer Global Advisors Inc. ADV bought a new position in shares of CAVA Group in the fourth quarter worth approximately $323,000. Finally, State of Tennessee Department of Treasury increased its stake in shares of CAVA Group by 4.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 34,021 shares of the company’s stock worth $2,062,000 after purchasing an additional 1,543 shares in the last quarter. Hedge funds and other institutional investors own 73.15% of the company’s stock.

More CAVA Group News

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

  • Positive Sentiment: Reported Q4 results that beat Street estimates: $0.04 EPS vs. $0.03 expected and Q4 revenue above estimates; full‑year revenue topped $1 billion — the beat and scale milestone underpin the rally. Business Wire: Q4 Results
  • Positive Sentiment: Management gave a constructive 2026 outlook: 74–76 new restaurant openings and same‑restaurant sales growth guidance of roughly 3–5%, signaling continued unit expansion and comp recovery. Seeking Alpha: Openings & Guidance
  • Positive Sentiment: Multiple brokers raised price targets and issued buy/outperform ratings (notably TD Cowen and RBC to $90, Piper Sandler to $85 overweight, Telsey to $88, Sanford Bernstein to $84), reflecting bullish analyst reaction to the quarter and growth plan. Benzinga: Analyst Moves
  • Neutral Sentiment: Market commentary notes the broader fast‑casual group remains under scrutiny — CAVA’s strong print helps but the sector’s sensitivity to traffic and macro trends keeps some investors cautious. Barron’s: Sector Context
  • Neutral Sentiment: Morgan Stanley moved its target to $83 with an equal‑weight rating — a hold viewpoint that will temper upside expectations for some investors. Benzinga: Morgan Stanley
  • Negative Sentiment: UBS and Citigroup raised price targets to $75 but kept “neutral” ratings; those targets imply downside from current levels and could cap momentum if investors focus on relative valuation. TickerReport / Benzinga: UBS & Citi

CAVA Group Company Profile

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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.

Further Reading

Analyst Recommendations for CAVA Group (NYSE:CAVA)

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