CAVA Group, Inc. (CAVA)

NYSE: CAVA · Real-Time Price · USD
119.05
+2.00 (1.71%)
At close: Dec 20, 2024, 4:00 PM
119.50
+0.45 (0.38%)
After-hours: Dec 20, 2024, 7:57 PM EST
1.71%
Market Cap 13.64B
Revenue (ttm) 913.49M
Net Income (ttm) 53.75M
Shares Out 114.58M
EPS (ttm) 0.46
PE Ratio 257.89
Forward PE 204.69
Dividend n/a
Ex-Dividend Date n/a
Volume 2,156,025
Open 114.85
Previous Close 117.05
Day's Range 114.30 - 120.76
52-Week Range 39.05 - 172.43
Beta n/a
Analysts Buy
Price Target 144.77 (+21.6%)
Earnings Date Nov 12, 2024

About CAVA

CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc. was founded in 2006 and is headquartered in Washington, the District of Columbia. [Read more]

Industry Restaurants
IPO Date Jun 15, 2023
Employees 8,460
Stock Exchange NYSE
Ticker Symbol CAVA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CAVA stock is "Buy." The 12-month stock price forecast is $144.77, which is an increase of 21.60% from the latest price.

Price Target
$144.77
(21.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

I still have $600 million of CAVA stock, 'I'm bullish': Chair Ron Shaich on why he sold shares

Ron Shaich, Panera founder and Cava Board Chair, joins 'Closing Bell Overtime' to talk CAVA's massive run in 2024 and what's ahead for the chain.

7 days ago - CNBC Television

CAVA to Participate in Morgan Stanley Global Consumer and Retail Conference

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it wi...

18 days ago - Business Wire

CAVA CEO on Consumer Dining Trends

Brett Schulman, CAVA CEO & Co-Founder speaks with Romaine Bostick and Scarlet Fu about the growth of CAVA since its IPO and the trends of consumer fast-casual dining. -------- More on Bloomberg Televi...

24 days ago - Bloomberg Markets and Finance

Chipotle Has A Viable Challenger: CAVA Is Up And Coming

Potential for entry into new markets underpins our "Buy" rating for CAVA Group, Inc. and our "Hold" for Chipotle Mexican Grill. While CMG has massive benefits of scale, continuing growth by CAVA will ...

Other symbols: CMG
4 weeks ago - Seeking Alpha

CAVA CFO on Profits, Restaurant Openings & Industry Trends

Tricia Tolivar, CFO of CAVA, talks about the company with Nicole Petallides after posting an earnings beat. She calls the latest quarter for the fast-casual restaurant chain "outstanding," citing stro...

5 weeks ago - Schwab Network

Jim Cramer reviews ten stocks that are up more than 200% so far this year

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let'...

5 weeks ago - CNBC

3-Stock Lunch: Rivian, Cava, & AppLovin

Eva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss outlooks on three stocks: Rivian, Cava, and AppLovin.

Other symbols: APPRIVN
5 weeks ago - CNBC Television

Dow climbs 100 points amid postelection rally and fresh inflation data; Spotify, Cava stocks rise

The Dow Jones Industrial Average edged up on Wednesday as investors aimed to extend a post-election rally following an inflation report that met expectations. The blue-chip index rose by 258 points, o...

Other symbols: SPOT
5 weeks ago - Invezz

Cava Group Posts Q3 Beat: 'Notable Tangible Sales Drivers,' Analysts Say, Raise Forecasts

CAVA Group Inc CAVA shares were climbing on Wednesday after the company reported upbeat third-quarter earnings.

5 weeks ago - Benzinga

Cava Group stock flies to another record high, defying a challenging year for restaurant chains

Cava Group, Inc. (NYSE: CAVA) appears poised to lead the fast-casual restaurant sector in 2024, with its stock up an impressive 255% year to date. Following a robust third-quarter earnings report and ...

5 weeks ago - Fast Company

Cava stock: what could drive future gains after a 300% year-to-date rally?

Cava Group Inc (NYSE CAVA) chief executive Brett Schulman expects the company's stock price to push further up as long as his team keeps its “head down and focus on the mission to bring heart, health,...

5 weeks ago - Invezz

CAVA Group: Don't Be The Last One Dancing When The Music Stops

CAVA Group, Inc. is a well-managed, fast-growing quick-service restaurant with strong fundamentals, but its current valuation is excessively high and unsustainable. Despite exceptional Q3 results and ...

5 weeks ago - Seeking Alpha

Cava Stock: Analysts Rush to Raise Price Targets After Earnings

Wedbush, for one, issued a Street-high price target for Cava stock after its beat-and-raise quarter. Here's what you need to know.

5 weeks ago - Kiplinger

Cava Stock Surges To All-Time High on Strong Earnings, Sales Outlook

Shares of Cava Group (CAVA) jumped 17% Wednesday, a day after the fast-casual Mediterranean chain reported third-quarter results above expectation and again lifted its fiscal 2024 same-store sales gro...

5 weeks ago - Investopedia

CPI In-Line, CAVA Earnings Jump, CART Slides

October's Consumer Price Index data matched expectations. Jenny Horne dives into the contributing factors within the report including energy, shelter and food costs.

5 weeks ago - Schwab Network

Cava CEO Brett Schulman on Q3 results: We believe we're the category-defining brand

Cava co-founder and CEO Brett Schulman joins 'Squawk Box' to discuss the company's quarterly earnings results, his thoughts on Cava's stock surge, growth outlook, and more.

5 weeks ago - CNBC Television

Cava is riding a strong wave, but the stock's quadrupling in 2024 has analysts wary

Cava Group Inc., the Mediterranean-focused fast-casual restaurant chain, is riding a strong wave that shows no sign of cresting with its latest earnings beating Wall Street estimates on every metric, ...

5 weeks ago - Market Watch

CAVA Group, Inc. (CAVA) Q3 2024 Earnings Call Transcript

CAVA Group, Inc. (NYSE:CAVA) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder and CEO Tricia Tolivar...

5 weeks ago - Seeking Alpha

Cava's stock rallies 15% as Chipotle competitor vies to be ‘next major cultural cuisine'

Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its out...

5 weeks ago - Market Watch

Fast-Casual Restaurant Cava Posts Stellar Earnings. The CEO Sees a ‘Tipping Point' in Demand.

Same-restaurant sales grew by 18% year over year.

5 weeks ago - Barrons

CAVA Group Reports Third Quarter 2024 Results

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA) (“CAVA Group” or the “Company”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to ...

5 weeks ago - Business Wire

CAVA Group stock is overvalued: levels to watch after earnings?

CAVA Group (CAVA) stock price has jumped to a record high, making it one of the best-performing cryptocurrencies in the industry. It soared to $151.4 on Monday as investors waited for its third-quarte...

5 weeks ago - Invezz

How Barclays sees the restaurant space in 2024

Jeffrey Bernstein, senior restaurant analyst at Barclays, joins CNBC's 'The Exchange' to discuss why restaurants are set up well going into next year, his top restaurant stocks for 2025, and more.

Other symbols: CMGMCDSBUXWING
6 weeks ago - CNBC Television

CAVA Group: Don't Fight The Momentum

I maintain my buy rating on CAVA Group (CAVA) due to its impressive capital management that fuels rapid expansion. CAVA's financial strength is evident with a 35% YoY revenue growth, 14.4% same-store ...

2 months ago - Seeking Alpha

CAVA to Announce Third Quarter 2024 Financial Results on November 12, 2024

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference cal...

2 months ago - Business Wire