TD Cowen Reaffirms Buy Rating for CAVA Group (NYSE:CAVA)

CAVA Group (NYSE:CAVA)‘s stock had its “buy” rating restated by equities researchers at TD Cowen in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $100.00 price objective on the stock. TD Cowen’s price target points to a potential upside of 28.12% from the stock’s previous close.

Several other research firms have also recently weighed in on CAVA. BNP Paribas Exane assumed coverage on CAVA Group in a research report on Monday, March 30th. They set a “neutral” rating and a $91.00 price objective for the company. Northcoast Research raised CAVA Group to a “strong sell” rating in a research report on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of CAVA Group in a report on Wednesday, January 21st. Benchmark lifted their price objective on shares of CAVA Group from $80.00 to $110.00 and gave the company a “buy” rating in a report on Monday, April 20th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of CAVA Group from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, CAVA Group has an average rating of “Moderate Buy” and an average target price of $90.12.

CAVA Group Stock Performance

NYSE CAVA opened at $78.05 on Wednesday. The business has a 50 day simple moving average of $84.98 and a 200 day simple moving average of $69.27. CAVA Group has a 52-week low of $43.41 and a 52-week high of $98.79. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 144.54, a PEG ratio of 5.62 and a beta of 1.90.

CAVA Group (NYSE:CAVA) last posted its earnings results on Tuesday, May 19th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $438.27 million during the quarter, compared to analysts’ expectations of $418.46 million. CAVA Group had a return on equity of 8.43% and a net margin of 5.40%.CAVA Group’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 EPS. On average, analysts predict that CAVA Group will post 0.52 EPS for the current year.

Insider Activity

In other news, insider Theodoros Xenohristos sold 9,044 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $79.75, for a total transaction of $721,259.00. Following the sale, the insider directly owned 327,882 shares of the company’s stock, valued at approximately $26,148,589.50. This represents a 2.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 6.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CAVA. Los Angeles Capital Management LLC acquired a new position in CAVA Group during the fourth quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its holdings in CAVA Group by 378.7% in the third quarter. Cornerstone Planning Group LLC now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 356 shares during the period. Harbor Investment Advisory LLC increased its holdings in CAVA Group by 347.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 515 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the period. CNB Bank increased its holdings in CAVA Group by 275.8% in the third quarter. CNB Bank now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 422 shares during the period. Finally, TD Private Client Wealth LLC increased its holdings in CAVA Group by 118.2% in the fourth quarter. TD Private Client Wealth LLC now owns 600 shares of the company’s stock valued at $35,000 after purchasing an additional 325 shares during the period. 73.15% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting CAVA Group

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

• Positive Sentiment: CAVA reported Q1 earnings of $0.20 per share, ahead of the $0.17 consensus estimate, and revenue of $438.27 million versus expectations of $418.46 million, signaling solid operational execution. CAVA Group Reports First Quarter 2026 Results
• Positive Sentiment: Comparable sales and traffic trends came in strong, helping support a raised full-year outlook and boosting confidence that momentum can continue. Cava Revenue Climbs in as Traffic Grows
• Positive Sentiment: Management’s guidance increase and commentary about resilience despite a tougher macro backdrop suggest the growth story remains intact, which is encouraging for investors paying a premium valuation. Cava Defies Restaurant Downturn Fears With Raised Outlook
• Neutral Sentiment: CAVA also highlighted its push into AI, using data tools to predict orders, optimize labor, and personalize customer interactions, which could help long-term efficiency but is not an immediate financial catalyst. Cava wants AI to help power its Mediterranean bowl empire
• Neutral Sentiment: Analyst and media coverage has focused on the earnings beat and valuation debate, reinforcing that investor attention is centered on whether CAVA can sustain high growth after a strong quarter. Cava Group (CAVA) Q1 Earnings and Revenues Beat Estimates
• Negative Sentiment: Despite the strong quarter, CAVA’s earnings per share were slightly below last year’s level, and the stock still trades at a rich valuation, which may limit upside if growth slows. CAVA Group Faces First Comp Sales Test As Growth Story Meets Rich Valuation

About CAVA Group

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.