CAVA Group (NYSE:CAVA – Free Report) had its target price raised by Sanford C. Bernstein from $75.00 to $84.00 in a report released on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.
A number of other brokerages also recently weighed in on CAVA. Royal Bank Of Canada boosted their target price on CAVA Group from $80.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of CAVA Group in a research report on Wednesday, January 21st. Citigroup upped their price objective on CAVA Group from $60.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Truist Financial lifted their target price on CAVA Group from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Argus cut their price target on shares of CAVA Group from $76.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $83.22.
Read Our Latest Stock Analysis on CAVA
CAVA Group Stock Up 25.9%
CAVA Group (NYSE:CAVA – Get Free Report) last issued its quarterly earnings data 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. CAVA Group had a return on equity of 8.51% and a net margin of 5.40%.The business had revenue of $274.99 million for the quarter, compared to analysts’ expectations of $268.04 million. During the same period last year, the business earned $0.05 EPS. The business’s revenue was up 20.9% on a year-over-year basis. As a group, equities research analysts expect that CAVA Group will post 0.5 earnings per share for the current year.
Insider Activity
In other CAVA Group news, insider Theodoros Xenohristos sold 1,039 shares of the company’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 $64,563.46. Following the sale, the insider directly owned 332,205 shares of the company’s stock, valued at $20,643,218.70. This represents a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Brett Schulman sold 21,650 shares of the stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $67.41, for a total transaction of $1,459,426.50. Following the transaction, the chief executive officer owned 807,325 shares of the company’s stock, valued at $54,421,778.25. This represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 39,055 shares of company stock worth $2,572,303. 6.80% of the stock is owned by company insiders.
Institutional Trading of CAVA Group
A number of institutional investors have recently modified their holdings of CAVA. Capital International Investors grew its stake in CAVA Group by 105.4% in the 3rd quarter. Capital International Investors now owns 4,228,736 shares of the company’s stock valued at $255,451,000 after buying an additional 2,169,553 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of CAVA Group in the third quarter worth $114,098,000. Capital Research Global Investors boosted its holdings in shares of CAVA Group by 27.2% in the fourth quarter. Capital Research Global Investors now owns 8,440,040 shares of the company’s stock worth $495,344,000 after acquiring an additional 1,805,174 shares during the period. Alliancebernstein L.P. grew its position in shares of CAVA Group by 118.3% in the third quarter. Alliancebernstein L.P. now owns 2,953,688 shares of the company’s stock valued at $178,432,000 after purchasing an additional 1,600,630 shares in the last quarter. Finally, Marshall Wace LLP raised its stake in shares of CAVA Group by 689.8% during the 4th quarter. Marshall Wace LLP now owns 1,387,774 shares of the company’s stock valued at $81,448,000 after purchasing an additional 1,212,068 shares during the period. 73.15% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting CAVA Group
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
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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