CAVA Group (NYSE:CAVA) Coverage Initiated at KeyCorp

Equities research analysts at KeyCorp began coverage on shares of CAVA Group (NYSE:CAVA - Get Free Report) in a report released on Wednesday, MarketBeat reports. The brokerage set an "overweight" rating and a $100.00 price target on the stock. KeyCorp's price objective suggests a potential upside of 15.02% from the stock's previous close. KeyCorp also issued estimates for CAVA Group's Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.58 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $0.72 EPS.

Several other equities research analysts also recently weighed in on CAVA. Wall Street Zen downgraded shares of CAVA Group from a "hold" rating to a "sell" rating in a research report on Friday, June 27th. Stifel Nicolaus lowered their price objective on CAVA Group from $175.00 to $125.00 and set a "buy" rating for the company in a report on Wednesday, June 18th. UBS Group reduced their target price on CAVA Group from $125.00 to $112.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Citigroup lifted their target price on CAVA Group from $114.00 to $115.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. dropped their price target on CAVA Group from $115.00 to $95.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, CAVA Group has a consensus rating of "Moderate Buy" and a consensus price target of $117.82.

CAVA Group Price Performance

CAVA stock traded up $4.23 during midday trading on Wednesday, reaching $86.94. 4,952,461 shares of the company's stock traded hands, compared to its average volume of 3,219,629. CAVA Group has a fifty-two week low of $70.00 and a fifty-two week high of $172.43. The business has a 50-day moving average price of $84.90 and a two-hundred day moving average price of $98.08. The company has a market capitalization of $10.06 billion, a P/E ratio of 72.45, a PEG ratio of 3.88 and a beta of 2.65.

CAVA Group (NYSE:CAVA - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. CAVA Group had a net margin of 13.70% and a return on equity of 10.61%. The business had revenue of $331.83 million for the quarter, compared to the consensus estimate of $327.98 million. During the same quarter last year, the firm posted $0.12 EPS. The business's revenue for the quarter was up 28.1% compared to the same quarter last year. As a group, research analysts forecast that CAVA Group will post 0.5 earnings per share for the current fiscal year.

Insider Transactions at CAVA Group

In related news, insider Kelly Costanza sold 10,243 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $86.63, for a total value of $887,351.09. Following the sale, the insider directly owned 125,347 shares in the company, valued at $10,858,810.61. This trade represents a 7.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brett Schulman sold 31,856 shares of the business's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $75.16, for a total value of $2,394,296.96. Following the transaction, the chief executive officer owned 792,318 shares of the company's stock, valued at $59,550,620.88. This trade represents a 3.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 67,951 shares of company stock worth $5,409,027 in the last quarter. 6.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. First Horizon Advisors Inc. grew its position in CAVA Group by 1,400.0% in the 1st quarter. First Horizon Advisors Inc. now owns 285 shares of the company's stock valued at $25,000 after buying an additional 266 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CAVA Group in the 1st quarter worth approximately $26,000. Dagco Inc. acquired a new stake in shares of CAVA Group in the 1st quarter worth approximately $27,000. Larson Financial Group LLC boosted its holdings in shares of CAVA Group by 274.0% in the fourth quarter. Larson Financial Group LLC now owns 273 shares of the company's stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Finally, Versant Capital Management Inc acquired a new position in shares of CAVA Group during the first quarter valued at approximately $31,000. 73.15% of the stock is owned by institutional investors and hedge funds.

CAVA Group Company Profile

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.