CAVA Group’s (CAVA) Outperform Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of CAVA Group (NYSE:CAVA) in a research report sent to investors on Wednesday,Benzinga reports. They currently have a $150.00 target price on the stock. Wedbush also issued estimates for CAVA Group’s Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.62 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $0.84 EPS.

Several other analysts also recently weighed in on the company. William Blair reaffirmed an “outperform” rating on shares of CAVA Group in a research note on Wednesday, November 13th. Loop Capital lifted their price target on CAVA Group from $122.00 to $147.00 and gave the company a “hold” rating in a research report on Thursday, November 14th. Sanford C. Bernstein initiated coverage on CAVA Group in a research report on Wednesday, November 20th. They set a “market perform” rating and a $145.00 price target on the stock. Piper Sandler lifted their price target on CAVA Group from $100.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Stifel Nicolaus lifted their price target on CAVA Group from $118.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $131.47.

CAVA Group Price Performance

Shares of CAVA Group stock opened at $94.98 on Wednesday. The business’s fifty day moving average price is $121.21 and its two-hundred day moving average price is $125.53. The company has a market capitalization of $10.88 billion, a P/E ratio of 206.47 and a beta of 3.25. CAVA Group has a 1-year low of $56.03 and a 1-year high of $172.43.

CAVA Group (NYSE:CAVA) last announced its earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $227.40 million for the quarter, compared to the consensus estimate of $223.34 million. CAVA Group had a net margin of 5.88% and a return on equity of 9.10%. On average, research analysts expect that CAVA Group will post 0.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Brett Schulman sold 20,564 shares of CAVA Group stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $119.18, for a total transaction of $2,450,817.52. Following the transaction, the chief executive officer now owns 776,369 shares in the company, valued at approximately $92,527,657.42. The trade was a 2.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Tricia K. Tolivar sold 2,086 shares of CAVA Group stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $119.18, for a total value of $248,609.48. Following the transaction, the chief financial officer now owns 235,592 shares in the company, valued at $28,077,854.56. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 651,784 shares of company stock worth $96,522,922 in the last three months. 12.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of CAVA Group by 20.4% during the fourth quarter. Vanguard Group Inc. now owns 8,011,602 shares of the company’s stock valued at $903,709,000 after buying an additional 1,357,187 shares in the last quarter. FMR LLC grew its holdings in shares of CAVA Group by 14.1% during the fourth quarter. FMR LLC now owns 3,976,353 shares of the company’s stock valued at $448,533,000 after buying an additional 491,320 shares in the last quarter. Jennison Associates LLC boosted its position in CAVA Group by 36,658.7% during the fourth quarter. Jennison Associates LLC now owns 2,461,732 shares of the company’s stock valued at $277,683,000 after purchasing an additional 2,455,035 shares during the last quarter. Two Sigma Advisers LP boosted its position in CAVA Group by 17.0% during the third quarter. Two Sigma Advisers LP now owns 2,210,900 shares of the company’s stock valued at $273,820,000 after purchasing an additional 321,800 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in CAVA Group by 33.0% during the fourth quarter. Federated Hermes Inc. now owns 1,464,987 shares of the company’s stock valued at $165,243,000 after purchasing an additional 363,814 shares during the last quarter. Hedge funds and other institutional investors own 73.15% of the company’s stock.

About CAVA Group

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.