CAVA Group (CAVA) Projected to Post Quarterly Earnings on Wednesday

Key Points

• CAVA is expected to report Q3 2026 results after the market close on November 4, with analysts forecasting earnings of $0.1194 per share and revenue of $358.4 million.
• The company’s prior quarter exceeded expectations, posting $0.19 EPS and $368.44 million in revenue, up 31.3% year over year. CAVA also authorized a $100 million share-buyback program, equal to roughly 1.7% of its outstanding shares.
• CAVA shares recently traded at $55.10, while analysts maintain a “Moderate Buy” consensus and an average price target of $87.35; however, several firms have recently lowered their targets.

CAVA Group (NYSE:CAVA - Get Free Report) is expected to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.1194 per share and revenue of $358.40 million for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

CAVA Group (NYSE:CAVA - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. The firm had revenue of $368.44 million during the quarter, compared to analyst estimates of $360.09 million. During the same quarter in the prior year, the firm posted $0.16 EPS. The firm's revenue for the quarter was up 31.3% on a year-over-year basis. On average, analysts expect CAVA Group to post $0.55 EPS for the current fiscal year and $0.74 EPS for the next fiscal year.

CAVA Group Trading Up 6.3%

CAVA stock traded up $3.24 during trading on Wednesday, hitting $55.10. 692,120 shares of the stock traded hands, compared to its average volume of 3,338,653. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 99.90 and a beta of 1.80. CAVA Group has a one year low of $43.41 and a one year high of $98.79. The company has a 50 day simple moving average of $57.46 and a 200 day simple moving average of $71.53.

CAVA Group announced that its board has authorized a stock buyback program on Friday, September 18th that permits the company to repurchase $100 million in outstanding shares. This buyback authorization permits the company to buy up to 1.7% of its shares through open market purchases. Share buyback programs are often an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling at CAVA Group

In related news, insider Douglas Thompson bought 6,500 shares of CAVA Group stock in a transaction dated Monday, August 31st. The shares were bought at an average cost of $66.52 per share, for a total transaction of $432,380.00. Following the completion of the transaction, the insider 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 through the SEC website. Corporate insiders own 6.70% of the company's stock.

Analyst Upgrades and Downgrades

CAVA has been the subject of a number of research analyst reports. TD Cowen cut their target price on shares of CAVA Group from $85.00 to $78.00 and set a "buy" rating for the company in a research note on Wednesday, October 21st. Morgan Stanley upgraded CAVA Group from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $86.00 to $90.00 in a research report on Wednesday, July 15th. Royal Bank Of Canada dropped their price target on CAVA Group from $95.00 to $85.00 and set an "outperform" rating for the company in a report on Thursday, September 17th. UBS Group cut their price objective on CAVA Group from $90.00 to $85.00 and set a "buy" rating for the company in a research report on Thursday, October 22nd. Finally, Wolfe Research lifted their price objective on CAVA Group from $79.00 to $82.00 and gave the company 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 data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $87.35.

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.

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