TD Cowen Issues Positive Forecast for CAVA Group (NYSE:CAVA) Stock Price

CAVA Group (NYSE:CAVA) had its target price raised by TD Cowen from $85.00 to $90.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Several other research firms also recently weighed in on CAVA. The Goldman Sachs Group reissued a “neutral” rating and set a $68.00 target price on shares of CAVA Group in a research report on Wednesday, November 5th. Sanford C. Bernstein set a $70.00 price objective on shares of CAVA Group in a report on Wednesday, January 7th. Piper Sandler cut their target price on CAVA Group from $100.00 to $71.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CAVA Group in a research report on Wednesday, January 21st. Finally, Johnson Rice set a $72.00 price objective on CAVA Group in a report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.22.

CAVA Group Price Performance

Shares of CAVA stock opened at $85.39 on Wednesday. The stock’s fifty day moving average price is $65.30 and its 200 day moving average price is $61.69. CAVA Group has a 1-year low of $43.41 and a 1-year high of $101.58. The company has a market cap of $9.90 billion, a price-to-earnings ratio of 158.12, a price-to-earnings-growth ratio of 4.98 and a beta of 2.41.

CAVA Group (NYSE:CAVA) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. CAVA Group had a return on equity of 8.51% and a net margin of 5.40%.The company had revenue of $274.99 million during the quarter, compared to analysts’ expectations of $268.04 million. During the same period last year, the business posted $0.05 earnings per share. The firm’s revenue was up 20.9% compared to the same quarter last year. As a group, equities research analysts anticipate that CAVA Group will post 0.5 earnings per share for the current year.

Insider Buying and Selling at CAVA Group

In other CAVA Group news, CEO Brett Schulman sold 21,650 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $67.41, for a total value of $1,459,426.50. Following the completion of the transaction, the chief executive officer directly owned 807,325 shares of the company’s stock, valued at approximately $54,421,778.25. The trade was a 2.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kelly Costanza sold 1,707 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $62.14, for a total value of $106,072.98. Following the completion of the sale, the insider owned 119,139 shares in the company, valued at approximately $7,403,297.46. This represents a 1.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 39,055 shares of company stock worth $2,572,303. Insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On CAVA Group

Several large investors have recently made changes to their positions in the company. Pacer Advisors Inc. boosted its holdings in CAVA Group by 65.6% during the fourth quarter. Pacer Advisors Inc. now owns 21,742 shares of the company’s stock worth $1,276,000 after buying an additional 8,612 shares in the last quarter. Invesco Ltd. raised its position in shares of CAVA Group by 8.2% in the fourth 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 acquired a new position in shares of CAVA Group in the fourth quarter worth about $1,473,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of CAVA Group during the 4th quarter worth about $323,000. Finally, State of Tennessee Department of Treasury grew its position in shares of CAVA Group by 4.8% during the 4th quarter. State of Tennessee Department of Treasury now owns 34,021 shares of the company’s stock valued at $2,062,000 after acquiring an additional 1,543 shares during the period. 73.15% of the stock is currently owned by institutional investors and hedge funds.

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.