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CAVA Group (CAVA) Stock Forecast & Price Target

$79.89
-2.70 (-3.27%)
(As of 01:32 PM ET)

CAVA Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 14 Wall Street analysts who have issued ratings for CAVA Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 6 have given a hold rating, and 8 have given a buy rating for CAVA.

Consensus Price Target

$82.75
3.58% Upside
High Forecast$100.00
Average Forecast$82.75
Low Forecast$40.00

According to the 14 analysts' twelve-month price targets for CAVA Group, the average price target is $82.75. The highest price target for CAVA is $100.00, while the lowest price target for CAVA is $40.00. The average price target represents a forecasted upside of 3.58% from the current price of $79.89.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
10 Buy rating(s)
6 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$82.75$81.50$60.42$45.86
Forecasted Upside3.58% Upside2.12% Upside9.70% Upside15.74% Upside
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CAVA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CAVA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CAVA Group Stock vs. The Competition

TypeCAVA GroupRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.57
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside2.17% Upside53.46% Upside9.26% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$85.00 ➝ $90.00+3.66%
7/11/2024Wedbush
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$90.00 ➝ $100.00+17.23%
6/13/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$90.00 ➝ $95.00+5.44%
6/3/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$77.00-16.80%
5/30/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$58.00 ➝ $72.00-24.69%
5/30/2024Piper Sandler
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B. Mullan
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DowngradeOverweight ➝ Neutral$63.00 ➝ $92.00+4.36%
5/29/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$72.00 ➝ $94.00+4.96%
5/29/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $92.00+11.62%
5/24/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$66.00 ➝ $90.00+15.98%
5/21/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$60.00 ➝ $81.00+0.56%
4/10/2024Argus
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 UpgradeHold ➝ Buy$70.00+16.12%
2/27/2024William Blair
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 Reiterated RatingOutperform
11/17/2023Raymond James
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 Initiated CoverageMarket Perform
9/14/2023Loop Capital
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 Initiated CoverageHold$40.00+10.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:02 PM ET.

CAVA Forecast - Frequently Asked Questions

What is CAVA Group's forecast for 2024?

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for CAVA Group is $82.75, with a high forecast of $100.00 and a low forecast of $40.00.

Should I buy or sell CAVA Group stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CAVA Group in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CAVA shares.

Does CAVA Group's stock price have much upside?

According to analysts, CAVA Group's stock has a predicted upside of 2.90% based on their 12-month stock forecasts.

Has CAVA Group been downgraded by Wall Street analysts recently?

Over the previous 90 days, CAVA Group's stock had 2 downgrades by analysts.

What analysts cover CAVA Group?

CAVA Group has been rated by research analysts at Barclays, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Robert W. Baird, Stifel Nicolaus, TD Cowen, and Wedbush in the past 90 days.

Do Wall Street analysts like CAVA Group more than its competitors?

Analysts like CAVA Group more than other "retail/wholesale" companies. The consensus rating for CAVA Group is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how CAVA compares to other companies.


This page (NYSE:CAVA) was last updated on 7/24/2024 by MarketBeat.com Staff

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