CAVA Group (NYSE:CAVA) Given New $80.00 Price Target at Sanford C. Bernstein

CAVA Group (NYSE:CAVA) had its target price cut by Sanford C. Bernstein from $95.00 to $80.00 in a research note published on Thursday,Benzinga reports. They currently have an outperform rating on the stock.

A number of other analysts have also recently commented on CAVA. Royal Bank Of Canada reduced their price objective on CAVA Group from $85.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday. Guggenheim lowered their target price on CAVA Group from $100.00 to $95.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Wolfe Research raised their target price on CAVA Group from $79.00 to $82.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Northcoast Research upgraded CAVA Group from a “sell” rating to a “neutral” rating in a research note on Thursday, August 13th. Finally, KeyCorp reduced their price target on shares of CAVA Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday. One investment 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.92.

CAVA Group Trading Down 3.8%

Shares of CAVA stock opened at $59.60 on Thursday. CAVA Group has a 12-month low of $43.41 and a 12-month high of $98.79. The firm’s 50 day moving average is $55.88 and its 200 day moving average is $71.14. The stock has a market capitalization 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 earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). The company had revenue of $356.44 million for the quarter, compared to analysts’ expectations of $358.40 million. CAVA Group had a net margin of 4.50% and a return on equity of 7.98%. CAVA Group’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. As a group, equities analysts predict that CAVA Group will post 0.55 earnings per share for the current year.

CAVA Group announced that its board has authorized a share repurchase program on Friday, September 18th that authorizes the company to repurchase $100 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 1.7% of its shares through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other CAVA Group news, insider Douglas Thompson bought 6,500 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $66.52 per share, for a total transaction of $432,380.00. Following the purchase, the insider directly owned 19,371 shares in the company, valued at $1,288,558.92. This represents a 50.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.70% of the stock is owned by insiders.

Institutional Investors Weigh In On CAVA Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in CAVA Group during the second quarter worth $757,013,000. Wellington Management Group LLP boosted its position in shares of CAVA Group by 76.9% during the 2nd quarter. Wellington Management Group LLP now owns 1,605,508 shares of the company’s stock valued at $126,000,000 after acquiring an additional 697,699 shares during the last quarter. Primecap Management Co. CA purchased a new stake in CAVA Group in the second quarter valued at $92,956,000. William Blair Investment Management LLC acquired a new stake in CAVA Group in the 2nd quarter valued at approximately $89,861,000. Finally, Prime Capital Management Co Ltd purchased a new position in CAVA Group in the 2nd quarter valued at approximately $80,962,000. 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

About CAVA Group

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.