CAVA Group (NYSE:CAVA) Given New $105.00 Price Target at KeyCorp

CAVA Group (NYSE:CAVA) had its target price increased by KeyCorp from $95.00 to $105.00 in a research note published on Monday morning, MarketBeat reports. The firm currently has an overweight rating on the stock.

Several other equities analysts have also recently weighed in on CAVA. Guggenheim started coverage on shares of CAVA Group in a research note on Thursday, March 26th. They issued a “buy” rating and a $100.00 price objective on the stock. Barclays raised their target price on shares of CAVA Group from $52.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Royal Bank Of Canada raised their target price on shares of CAVA Group from $80.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of CAVA Group in a research note on Wednesday, January 21st. Finally, TD Cowen raised their target price on shares of CAVA Group from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $88.15.

CAVA Group Stock Up 2.7%

Shares of NYSE:CAVA opened at $97.33 on Monday. The firm’s 50 day moving average price is $79.84 and its 200-day moving average price is $66.23. CAVA Group has a twelve month low of $43.41 and a twelve month high of $101.50. The stock has a market capitalization of $11.33 billion, a PE ratio of 180.24, a price-to-earnings-growth ratio of 8.04 and a beta of 2.03.

CAVA Group (NYSE:CAVA) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. CAVA Group had a net margin of 5.40% and a return on equity of 8.43%. The firm had revenue of $274.99 million for the quarter, compared to analysts’ expectations of $268.04 million. During the same quarter in the prior year, the business earned $0.05 EPS. The business’s quarterly revenue was up 20.9% on a year-over-year basis. Analysts expect that CAVA Group will post 0.5 earnings per share for the current fiscal year.

Insider Buying and Selling at CAVA Group

In other CAVA Group news, insider Kenneth Robert Bertram sold 994 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $62.14, for a total transaction of $61,767.16. Following the completion of the sale, the insider directly owned 49,122 shares of the company’s stock, valued at $3,052,441.08. This trade represents a 1.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kelly Costanza sold 1,707 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $62.14, for a total transaction of $106,072.98. Following the sale, the insider directly owned 119,139 shares of the company’s stock, valued at approximately $7,403,297.46. This trade represents a 1.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 39,055 shares of company stock worth $2,572,303. Insiders own 12.10% of the company’s stock.

Institutional Investors Weigh In On CAVA Group

A number of institutional investors have recently added to or reduced their stakes in CAVA. Los Angeles Capital Management LLC purchased a new position in shares of CAVA Group in the fourth quarter valued at $25,000. Cornerstone Planning Group LLC grew its holdings 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 purchasing an additional 356 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of CAVA Group by 347.8% in 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 in the last quarter. Toth Financial Advisory Corp grew its holdings in shares of CAVA Group by 656.7% in the third quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock valued at $31,000 after purchasing an additional 440 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of CAVA Group in the third quarter valued at $33,000. 73.15% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting CAVA Group

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

• Positive Sentiment: Benchmark raised its price target from $80 to $110 and reiterated a Buy rating, a material lift to investor sentiment that signals stronger analyst confidence in growth and supports further upside. Benchmark Raises PT to $110
• Positive Sentiment: KeyCorp raised its target from $95 to $105 and kept an Overweight rating — another institutional bullish signal that likely contributed to the stock strength and may attract momentum-driven flows. KeyCorp Raises PT to $105
• Positive Sentiment: Market write-ups note CAVA is outperforming the broader market today, attributing the move to the analyst upgrades and ongoing growth narrative following recent quarterly revenue/earnings beats. Cava Group (CAVA) Gains As Market Dips
• Neutral Sentiment: Coverage pieces asking whether CAVA is “worth watching” or evaluating the stock’s momentum provide balanced analysis that can increase retail attention and trading volume but don’t decisively change fundamentals. Is CAVA Group Stock Worth Watching Right Now
• Negative Sentiment: Several articles highlight valuation concerns — questioning whether recent momentum has pushed CAVA above a justified valuation and noting evolving guidance trade-offs. These pieces can temper gains and prompt profit-taking, especially given CAVA’s high P/E and premium growth multiple. How The CAVA Group (CAVA) Growth Narrative Is Evolving With New Guidance And Valuation Concerns

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.