BNP Paribas Exane Has Lowered Expectations for CAVA Group (NYSE:CAVA) Stock Price

Posted by Brian Himes on Nov 7th, 2026

CAVA Group (NYSE:CAVA – Get Free Report) had its target price dropped by stock analysts at BNP Paribas Exane from $84.00 to $62.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the stock. BNP Paribas Exane‘s price target suggests a potential upside of 5.23% from the company’s current price.

A number of other research analysts also recently commented on CAVA. Royal Bank Of Canada lowered their target price on CAVA Group from $85.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday. Compass Point raised shares of CAVA Group to a “neutral” rating in a report on Monday, September 14th. Northcoast Research upgraded shares of CAVA Group from a “sell” rating to a “neutral” rating in a research report on Thursday, August 13th. Robert W. Baird raised shares of CAVA Group to a “strong-buy” rating in a research note on Monday, August 24th. Finally, Citigroup decreased their price target on shares of CAVA Group from $79.00 to $66.00 and set a “neutral” rating on the stock in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, CAVA Group presently has an average rating of “Moderate Buy” and a consensus price target of $83.88.

View Our Latest Analysis on CAVA Group

CAVA Group Price Performance

Shares of CAVA stock traded down $1.09 during trading hours on Thursday, hitting $58.92. The stock had a trading volume of 4,412,427 shares, compared to its average volume of 2,952,812. The stock has a market capitalization of $6.88 billion, a price-to-earnings ratio of 109.11, a PEG ratio of 4.94 and a beta of 1.75. CAVA Group has a one year low of $43.41 and a one year high of $98.79. The stock’s 50-day moving average price is $55.73 and its two-hundred day moving average price is $71.09.

CAVA Group (NYSE:CAVA – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). The firm had revenue of $356.44 million for the quarter, compared to the consensus estimate of $358.40 million. CAVA Group had a net margin of 4.82% and a return on equity of 8.28%. CAVA Group’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. As a group, equities research analysts predict that CAVA Group will post 0.55 earnings per share for the current fiscal year.

CAVA Group announced that its Board of Directors has authorized a stock buyback program on Friday, September 18th that authorizes the company to buy back $100 million in shares. This buyback authorization authorizes the company to purchase up to 1.7% of its shares through open market purchases. Share buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at CAVA Group

In related news, insider Douglas Thompson acquired 6,500 shares of the stock in a transaction dated Monday, August 31st. The stock was acquired at an average cost of $66.52 per share, with a total value of $432,380.00. Following the purchase, the insider directly owned 19,371 shares of the company’s stock, valued at approximately $1,288,558.92. This trade represents a 50.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CAVA Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Ancora Advisors LLC bought a new position in shares of CAVA Group during the 2nd quarter valued at approximately $27,000. FNY Investment Advisers LLC bought a new stake in CAVA Group in the second quarter worth $31,000. Philadelphia Investment Partners LLC purchased a new position in CAVA Group during the second quarter worth $33,000. CX Institutional purchased a new position in CAVA Group during the third quarter worth $26,000. Finally, Scarborough Advisors LLC purchased a new position in CAVA Group during the first quarter worth $54,000. Hedge funds and other institutional investors own 73.15% of the company’s stock.

Key Stories Impacting CAVA Group

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

Positive Sentiment: CAVA raised its sales outlook after moving past the cyclospora-related headwind. It also reported 24 net new restaurant openings in the third quarter and projected 76–78 net openings and $184 million–$189 million in adjusted EBITDA for 2026. Sales guidance update 2026 outlook
Neutral Sentiment: Several analysts cut price targets after the results, though some retained bullish ratings. Citigroup lowered its target to $65 and BNP Paribas Exane to $62, both with neutral ratings; Bernstein, KeyCorp and TD Cowen also reduced targets but maintained positive ratings. Citigroup rating BNP Paribas Exane rating
Negative Sentiment: Third-quarter EPS of $0.11 missed the $0.12 consensus, and revenue of $356.4 million came in below the $358.4 million estimate, despite growing 21% year over year. Reports also flagged margin and traffic slippage; shares slid 11% following the results. Earnings results Margin and traffic concerns Share decline after results

About CAVA Group

(Get Free Report)

CAVA Group, Inc operates CAVA, a fast-casual restaurant brand serving Mediterranean-inspired food in the United States. Its menu includes customizable bowls and pitas, salads, dips, spreads, grilled proteins, and other Mediterranean dishes, with options designed to accommodate a range of dietary preferences.

The company’s restaurants generally use an assembly-line format that allows customers to build meals from a selection of ingredients and sauces. CAVA also offers its branded dips, spreads, and other products through select grocery and retail channels, extending the brand beyond its restaurant locations.

CAVA was founded in 2010 by Dimitri Moshovitis, Ike Grigoropoulos, and Ted Xenohristos.