CAVA Group (NYSE:CAVA) Given New $75.00 Price Target at KeyCorp

CAVA Group (NYSE:CAVA) had its price objective decreased by KeyCorp from $80.00 to $75.00 in a research note published on Thursday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock.

A number of other brokerages also recently weighed in on CAVA. Roth Capital reiterated a “buy” rating and issued a $95.00 price objective (down from $106.00) on shares of CAVA Group in a research report on Wednesday, August 12th. Robert W. Baird upgraded CAVA Group to a “strong-buy” rating in a research note on Monday, August 24th. Melius Research raised CAVA Group from a “hold” rating to a “buy” rating and set a $95.00 price target for the company in a report on Thursday, October 8th. TD Cowen lowered their price target on CAVA Group from $78.00 to $76.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Wolfe Research increased their price target on CAVA Group from $79.00 to $82.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, CAVA Group has a consensus rating of “Moderate Buy” and an average price target of $83.92.

CAVA Group Price Performance

CAVA opened at $59.60 on Thursday. The firm has a fifty day moving average price of $55.88 and a 200 day moving average price of $71.14. CAVA Group has a 1 year low of $43.41 and a 1 year high of $98.79. The stock has a market cap of $6.96 billion, a P/E ratio of 110.37, a P/E/G ratio of 4.94 and a beta of 1.75.

CAVA Group (NYSE:CAVA) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share (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 analysts’ expectations of $358.40 million. CAVA Group had a return on equity of 7.98% and a net margin of 4.50%. The business’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period last year, the company posted $0.12 earnings per share. Equities analysts expect that CAVA Group will post 0.55 EPS for the current year.

CAVA Group declared 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 buy up to 1.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its stock is undervalued.

Insider Activity at CAVA Group

In other news, insider Douglas Thompson bought 6,500 shares of the business’s stock in a transaction on Monday, August 31st. The shares were bought at an average price of $66.52 per share, with a total value of $432,380.00. Following the completion of the transaction, the insider directly owned 19,371 shares in the company, valued at $1,288,558.92. This trade represents a 50.50% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CAVA Group

A number of institutional investors have recently modified their holdings of CAVA. Modern Wealth Management LLC lifted its holdings in shares of CAVA Group by 4.2% during the first quarter. Modern Wealth Management LLC now owns 3,907 shares of the company’s stock worth $313,000 after purchasing an additional 158 shares during the period. Concurrent Investment Advisors LLC raised its position in CAVA Group by 7.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,356 shares of the company’s stock worth $342,000 after purchasing an additional 299 shares during the last quarter. Ancora Advisors LLC bought a new position in CAVA Group during the 2nd quarter worth $27,000. EverSource Wealth Advisors LLC raised its position in CAVA Group by 60.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,040 shares of the company’s stock worth $84,000 after purchasing an additional 393 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in CAVA Group during the 2nd quarter worth about $31,000. 73.15% of the stock is owned by institutional investors and hedge funds.

More CAVA Group News

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

• Positive Sentiment: CAVA raised its full-year same-restaurant sales outlook after Q3 comparable sales increased 3.1%. Revenue grew 21% year over year, and the company said it continued to gain market share. Article: Cava Group Raises Same-Restaurant Sales View on Higher Revenue
• Positive Sentiment: The company’s 2026 outlook calls for 76–78 net new restaurants and $184 million–$189 million in adjusted EBITDA, pointing to continued expansion. Article: CAVA outlines 2026 outlook
• Neutral Sentiment: Several analysts cut price targets following the results, but Bernstein, KeyCorp and TD Cowen retained outperform, overweight or buy ratings. BNP Paribas Exane lowered its target to $62 and moved to neutral. Article: BNP Paribas Exane rating
• Negative Sentiment: Q3 EPS of $0.11 missed the $0.12 consensus, while revenue of $356.44 million fell short of expectations of about $358.4 million. EPS was also down from $0.12 a year earlier, fueling concern about execution and profitability. Article: Cava Stock Tanks on Q3 Double-Miss
• Negative Sentiment: Management cited broader industry pressures, and commentary has raised concerns about traffic and margin slippage. These risks may temper optimism around sales growth and new restaurant openings. Article: CAVA Group: Margin And Traffic Slippage Is A Red Flag

CAVA Group Company Profile

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.