CAVA Group (NYSE:CAVA – Get Free Report) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a research report issued on Friday, Marketbeat Ratings reports.
Other analysts also recently issued reports about the stock. Weiss Ratings raised shares of CAVA Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of CAVA Group from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Morgan Stanley upped their target price on shares of CAVA Group from $85.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Wednesday. BMO Capital Markets set a $100.00 target price on shares of CAVA Group in a research report on Wednesday. Finally, Mizuho upped their target price on shares of CAVA Group from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $92.00.
Check Out Our Latest Stock Analysis on CAVA Group
CAVA Group Trading Up 1.0%
CAVA Group (NYSE:CAVA – Get Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $438.27 million for the quarter, compared to the consensus estimate of $360.89 million. CAVA Group had a net margin of 4.79% and a return on equity of 7.92%. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 EPS. Analysts predict that CAVA Group will post 0.53 EPS for the current fiscal year.
Insider Transactions at CAVA Group
In related news, insider Theodoros Xenohristos sold 9,044 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $79.75, for a total value of $721,259.00. Following the transaction, the insider owned 327,882 shares in the company, valued at $26,148,589.50. The trade was a 2.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 6.70% of the stock is currently owned by insiders.
Hedge Funds Weigh In On CAVA Group
A number of hedge funds have recently bought and sold shares of CAVA. Liontrust Investment Partners LLP bought a new position in CAVA Group during the 3rd quarter valued at about $43,189,000. Leibman Financial Services Inc. lifted its stake in CAVA Group by 162.9% during the 4th quarter. Leibman Financial Services Inc. now owns 67,324 shares of the company’s stock valued at $3,951,000 after acquiring an additional 41,712 shares during the period. Alliancebernstein L.P. lifted its stake in CAVA Group by 118.3% during the 3rd quarter. Alliancebernstein L.P. now owns 2,953,688 shares of the company’s stock valued at $178,432,000 after acquiring an additional 1,600,630 shares during the period. Envestnet Asset Management Inc. lifted its stake in CAVA Group by 57.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 222,499 shares of the company’s stock valued at $13,441,000 after acquiring an additional 81,393 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in CAVA Group by 20.4% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 103,706 shares of the company’s stock valued at $6,265,000 after acquiring an additional 17,600 shares during the period. Institutional investors own 73.15% of the company’s stock.
Key Headlines Impacting CAVA Group
Here are the key news stories impacting CAVA Group this week:
- Positive Sentiment: CAVA reported Q1 2026 revenue of about $438 million, well above Wall Street expectations, with same-restaurant sales up 9.7% and traffic driving much of the growth. Cava Group Inc (CAVA) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic …
- Positive Sentiment: The company raised its 2026 outlook, now expecting 75-77 net new openings and 4.5%-6.5% same-restaurant sales growth, reinforcing confidence in expansion and demand. CAVA outlines raised FY2026 plan for 75-77 net new openings and 4.5%-6.5% same-restaurant sales
- Positive Sentiment: Several analysts boosted targets or reiterated bullish calls after earnings, including Roth MKM, Piper Sandler, TD Cowen, Robert W. Baird, Stifel, and Telsey Advisory Group, signaling growing Street confidence. Piper Sandler Reaffirms Their Buy Rating on CAVA Group, Inc. (CAVA)
- Neutral Sentiment: CAVA also opened a new restaurant in Columbus, expanding its Midwest footprint, which supports long-term growth but is not an immediate earnings catalyst. CAVA Deepens Its Midwest Footprint with New Columbus Restaurant
- Negative Sentiment: Some commentary remains cautious on valuation, with one analysis arguing the stock’s premium multiple already reflects very strong growth, which could limit upside if execution slows. CAVA Group: Why A Stellar Q1 Doesn’t Justify A 150x Multiple
About CAVA Group
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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