CAVA Group (NYSE:CAVA) Given New $86.00 Price Target at Morgan Stanley

CAVA Group (NYSE:CAVA) had its price target hoisted by equities research analysts at Morgan Stanley from $85.00 to $86.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 5.84% from the stock’s current price.

Several other research firms have also recently weighed in on CAVA. Roth Mkm initiated coverage on shares of CAVA Group in a research report on Tuesday, April 21st. They set a “buy” rating and a $106.00 price objective for the company. BNP Paribas Exane initiated coverage on shares of CAVA Group in a research report on Monday, March 30th. They set a “neutral” rating and a $91.00 price target on the stock. Wolfe Research assumed coverage on CAVA Group in a report on Monday, March 9th. They set an “outperform” rating and a $93.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of CAVA Group in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus upped their target price on CAVA Group from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, CAVA Group has a consensus rating of “Moderate Buy” and a consensus target price of $91.59.

CAVA Group Price Performance

Shares of CAVA Group stock traded up $3.14 during midday trading on Wednesday, reaching $81.26. The company had a trading volume of 2,169,989 shares, compared to its average volume of 3,358,087. The stock has a fifty day moving average price of $84.98 and a 200 day moving average price of $69.27. CAVA Group has a fifty-two week low of $43.41 and a fifty-two week high of $98.79. The firm has a market cap of $9.46 billion, a PE ratio of 149.26, a P/E/G ratio of 5.62 and a beta of 1.90.

CAVA Group (NYSE:CAVA) last released its quarterly earnings results on Tuesday, May 19th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.03. The firm had revenue of $438.27 million during the quarter, compared to analyst estimates of $418.46 million. CAVA Group had a net margin of 5.40% and a return on equity of 8.43%. The company’s revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 EPS. As a group, sell-side analysts forecast that CAVA Group will post 0.52 EPS for the current year.

Insider Activity at CAVA Group

In other news, insider Theodoros Xenohristos sold 9,044 shares of the company’s stock in a transaction that occurred 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 transaction, the insider directly owned 327,882 shares of the company’s stock, valued at $26,148,589.50. This represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 6.70% of the stock is currently owned by corporate insiders.

Institutional Trading of CAVA Group

A number of hedge funds and other institutional investors have recently bought and sold shares of CAVA. Los Angeles Capital Management LLC acquired a new position in CAVA Group during the fourth quarter worth $25,000. Cornerstone Planning Group LLC grew its holdings in shares of CAVA Group by 378.7% during the third quarter. Cornerstone Planning Group LLC now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 356 shares during the last quarter. Harbor Investment Advisory LLC increased its position in shares of CAVA Group by 347.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 515 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares in the last quarter. CNB Bank increased its position in shares of CAVA Group by 275.8% during the third quarter. CNB Bank now owns 575 shares of the company’s stock worth $35,000 after acquiring an additional 422 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of CAVA Group by 118.2% in the 4th quarter. TD Private Client Wealth LLC now owns 600 shares of the company’s stock worth $35,000 after acquiring an additional 325 shares during the last quarter. Institutional investors own 73.15% of the company’s stock.

CAVA Group News Summary

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

• Positive Sentiment: CAVA beat Q1 estimates with EPS of $0.20 versus $0.17 expected and revenue of $438.27 million versus $418.46 million expected, while sales climbed 32.1% year over year. CAVA Group Reports First Quarter 2026 Results
• Positive Sentiment: The company raised full-year expectations, including a plan for 75-77 net new openings and same-restaurant sales growth of 4.5%-6.5%, reinforcing confidence in continued expansion. CAVA outlines raised FY2026 plan
• Positive Sentiment: Wall Street turned more constructive after earnings, with Robert W. Baird lifting its target to $98, Stifel to $105, and TD Cowen reaffirming a buy rating with a $100 target. Analyst price target updates
• Positive Sentiment: CAVA also opened a new restaurant in Columbus, Ohio, showing continued unit growth and deeper Midwest expansion. CAVA Deepens Its Midwest Footprint with New Columbus Restaurant
• Neutral Sentiment: Coverage around CAVA’s AI initiatives and earnings-call transcript adds color to the growth story, but these items are unlikely to move the stock on their own. Cava wants AI to help power its Mediterranean bowl empire

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.