CAVA Group, Inc. (CAVA)

NYSE: CAVA · IEX Real-Time Price · USD
94.59
-0.68 (-0.71%)
At close: Jul 2, 2024, 4:00 PM
94.55
-0.04 (-0.04%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-0.71%
Market Cap 10.79B
Revenue (ttm) 784.62M
Net Income (ttm) 29.41M
Shares Out 114.03M
EPS (ttm) 0.36
PE Ratio 262.75
Forward PE 248.71
Dividend n/a
Ex-Dividend Date n/a
Volume 1,829,681
Open 94.50
Previous Close 95.27
Day's Range 92.82 - 95.98
52-Week Range 29.05 - 97.64
Beta n/a
Analysts Buy
Price Target 76.69 (-18.92%)
Earnings Date Aug 13, 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 15 analysts, the average rating for CAVA stock is "Buy." The 12-month stock price forecast is $76.69, which is a decrease of -18.92% from the latest price.

Price Target
$76.69
(-18.92% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Bullish on CAVA, ALB & Bearish on TSLA

Cava (CAVA), Tesla (TSLA), and Albemarle (ALB) are today's Big Three. Scott Bauer and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.

Other symbols: ALBTSLA
1 day ago - Schwab Network

Restaurants bulk up on protein offerings: Here's what to know

Consumers may be spending at restaurants more cautiously, but there's been a bright spot for some companies with specialty protein offerings. CNBC's Kate Rogers joins 'Squawk on the Street' with more.

Other symbols: SG
15 days ago - CNBC Television

Cava's success buoyed by consumer preference for healthy options: Torch Capital's Jonathan Keidan

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

18 days ago - CNBC Television

Cava Market Valuation Equals $33 Million Per Restaurant

Cava has soared more than 300% since its initial public offering in June 2023, giving it a market valuation of over $10 billion. Bailey Lipschultz reports on Bloomberg Television.

18 days ago - Bloomberg Markets and Finance

Bullish on CAVA, CMG & Bearish on SPOT

Cava (CAVA), Chipotle (CMG), and Spotify (SPOT) are today's big three stocks. Joel Hawthorne and Ben Lichtenstein discuss how to trade and the technical trends of these names.

Other symbols: CMGSPOT
19 days ago - Schwab Network

CAVA Debuts Mediterranean-Inspired Grilled Steak

WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today launched Grilled Steak, a new menu item available at CAVA's locations across the country. CAV...

4 weeks ago - Business Wire

CAVA Group CEO on Earnings, Traffic, Prices, Dinner Expansion

CAVA Group tops earnings estimates but saw a slowness in foot traffic. Co-Founder and CEO Brett Schulman gives his outlook on the company and says there has been increased awareness of the brand acros...

4 weeks ago - Bloomberg Markets and Finance

Cava (CAVA) CFO on Earnings Beat & New Product Offerings

Cava's (CAVA) 1Q earnings and revenue top estimates. CFO Tricia Toliver joins Nicole Petallides to give an overview of the company and discuss these earnings.

4 weeks ago - Schwab Network

Three-Stock Lunch: Dick's Sporting Goods, Cava & Chewy

Will McGough, Prime Capital Investment Advisors director of investments, joins 'Power Lunch' to discuss plays for three stocks, including Dick's Sporting Goods, Cava and Chewy.

Other symbols: CHWYDKS
4 weeks ago - CNBC Television

Cava CEO on opening more stores

Cava CEO Brett Schulman joins ‘Squawk on the Street' to discuss the company's quarterly earnings results, what the post-pandemic economy has done for Cava, and more.

4 weeks ago - CNBC Television

Cava CEO Brett Schulman on Q1 earnings beat

Cava CEO Brett Schulman joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what the post-pandemic economy has done for Cava, and more.

4 weeks ago - CNBC Television

Cava shares slip despite Q1 beat, raising same store sales guidance

Nick Setyan, Wedbush Securities Senior Analyst, joins 'Closing Bell Overtime' to talk Cava Q1 earnings as the stock struggles in extended trading.

5 weeks ago - CNBC Television

Cava Stock Tumbles After Earnings Beat. Consumers Pulled Back.

The fast-casual food chain's same-store sales growth slowed even as quarterly earnings beat estimates.

5 weeks ago - Barrons

CAVA beats Street estimates in fiscal Q1

Cava Group Inc (NYSE: CAVA) is trading down in extended hours on Tuesday even though it reported market-beating financial results for its first quarter. This is a developing story.

5 weeks ago - Invezz

CAVA Group Reports First 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 to Participate in Upcoming Investor Conferences

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...

5 weeks ago - Business Wire

CAVA Group stock price forecast ahead of earnings: buy or sell?

CAVA Group (NASDAQ: CAVA) stock price has surged to a record high as investors compare it with Chipotle Mexican Grill (NYSE: CMG). It soared to a high of $82.82, which was 182% above its lowest level ...

5 weeks ago - Invezz

CAVA Opens a 55,000-Square-Foot Manufacturing Facility in Virginia's Shenandoah Valley

WASHINGTON--(BUSINESS WIRE)--CAVA (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand, today announced the official opening of a new, state-of-the-art food production and pa...

6 weeks ago - Business Wire

Fast-Casual Restaurants Want to Be the Next Chipotle. These 3 Stand Out.

Shake Shack, Sweetgreen, and Cava Group are opening dozens of restaurants and using technology to become more efficient.

Other symbols: SGSHAK
7 weeks ago - Barrons

CAVA to Announce First Quarter 2024 Financial Results on May 28, 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

Cava producer Freixenet reaches deal with unions over drought measures

Spanish cava producer Freixenet said on Saturday it has reached a deal with unions over its proposal to introduce a "short-time work scheme" for nearly 80% of its workforce due to a drought.

2 months ago - Reuters

Planting Hope (MYLK) Announces Receipt of Management Cease Trade Order (MTCO)

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") is pleased to announce that, further to ...

2 months ago - Accesswire

Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement

Not for distribution to U.S. news wire services or dissemination in the United States. CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / April 26, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MY...

2 months ago - Accesswire

Here's why CAVA Group stock price is going vertical

CAVA Group (NYSE: CAVA) stock price just gone vertical and is slowly approaching its all-time high after the spectacular Chipotle Mexican Grill (CMG) earnings. It jumped to a high of $70, a few points...

2 months ago - Invezz

The Planting Hope Company Inc. Announces Application for Voluntary MCTO

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / April 26, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") announces that it has proactively app...

2 months ago - Accesswire