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

CAVA Group (NYSE:CAVA) had its price target decreased by analysts at Sanford C. Bernstein from $95.00 to $80.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Sanford C. Bernstein‘s target price would suggest a potential upside of 43.30% from the stock’s current price.

CAVA has been the topic of a number of other research reports. TD Cowen reduced their target price on CAVA Group from $78.00 to $76.00 and set a “buy” rating on the stock in a report on Thursday. 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 research report on Thursday, October 8th. KeyCorp decreased their price target on CAVA Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research note on Thursday. Northcoast Research upgraded shares of CAVA Group from a “sell” rating to a “neutral” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. dropped their price target on CAVA Group from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, September 18th. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $85.23.

CAVA Group Stock Down 9.9%

Shares of NYSE:CAVA traded down $6.15 on Thursday, reaching $55.83. The company had a trading volume of 4,358,926 shares, compared to its average volume of 3,371,182. The stock has a market capitalization of $6.52 billion, a P/E ratio of 101.85, a P/E/G ratio of 4.81 and a beta of 1.75. CAVA Group has a twelve month low of $43.41 and a twelve month high of $98.79. The stock has a 50-day moving average price of $56.05 and a 200 day moving average price of $71.20.

CAVA Group (NYSE:CAVA) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.01). CAVA Group had a return on equity of 8.28% and a net margin of 4.82%. The company had revenue of $356.44 million during the quarter, compared to analyst estimates of $358.40 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. The business’s revenue for the quarter was up 21.0% on a year-over-year basis. On average, sell-side analysts predict that CAVA Group will post 0.55 earnings per share for the current fiscal year.

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

Insider Activity

In other news, insider Douglas Thompson acquired 6,500 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of $66.52 per share, with a total value of $432,380.00. Following the completion of the purchase, the insider directly owned 19,371 shares of the company’s stock, valued at $1,288,558.92. The trade was a 50.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.70% of the company’s stock.

Institutional Trading of CAVA Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in CAVA Group during the 2nd quarter worth $757,013,000. Primecap Management Co. CA acquired a new position in CAVA Group during the 2nd quarter worth approximately $92,956,000. William Blair Investment Management LLC bought a new stake in shares of CAVA Group during the second quarter worth about $89,861,000. Prime Capital Management Co Ltd acquired a new stake in shares of CAVA Group in the 2nd quarter worth about $80,962,000. Finally, Wellington Management Group LLP raised its holdings in shares of CAVA Group by 76.9% in the second quarter. Wellington Management Group LLP now owns 1,605,508 shares of the company’s stock valued at $126,000,000 after purchasing an additional 697,699 shares during the last quarter. 73.15% of the stock is currently owned by institutional investors.

Key Headlines Impacting CAVA Group

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

• Positive Sentiment: CAVA raised its full-year same-restaurant sales outlook after quarterly comparable sales grew 3.1%, citing continued market-share gains and a reduced drag from the cyclospora outbreak. Wall Street Journal article
• Positive Sentiment: The company’s 2026 outlook calls for 76–78 net new restaurant openings and adjusted EBITDA of $184 million to $189 million, supporting its growth story. Seeking Alpha article
• Neutral Sentiment: KeyCorp lowered its price target to $75 from $80 and TD Cowen cut its target to $76 from $78; both firms maintained bullish ratings, Overweight and Buy, respectively. The reductions temper the positive ratings but still imply substantial upside from the prices cited in the reports. KeyCorp analyst recommendations TD Cowen analyst recommendations
• Negative Sentiment: Third-quarter adjusted earnings were $0.11 per share versus the $0.12 consensus, while revenue of $356.44 million also came in below expectations of about $358.4 million. Revenue still grew 21% year over year, but the double miss likely weighed on shares. Benzinga article
• Negative Sentiment: Management also pointed to broader pressures across the restaurant industry, raising concern that consumer and operating conditions could challenge performance despite the stronger sales outlook. Benzinga article

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.