CAVA Group, Inc. (CAVA)

NYSE: CAVA · Real-Time Price · USD
139.69
-1.56 (-1.10%)
At close: Nov 20, 2024, 4:00 PM
138.65
-1.04 (-0.74%)
Pre-market: Nov 21, 2024, 4:23 AM EST
-1.10%
Market Cap 16.01B
Revenue (ttm) 913.49M
Net Income (ttm) 53.75M
Shares Out 114.58M
EPS (ttm) 0.46
PE Ratio 302.60
Forward PE 240.18
Dividend n/a
Ex-Dividend Date n/a
Volume 2,355,120
Open 142.72
Previous Close 141.25
Day's Range 137.40 - 143.00
52-Week Range 31.47 - 172.43
Beta n/a
Analysts Buy
Price Target 144.77 (+3.64%)
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 3.64% from the latest price.

Price Target
$144.77
(3.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
1 day 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...

6 days 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'...

7 days 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
7 days 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
7 days 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.

7 days 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 ...

7 days 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,...

7 days 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 ...

7 days 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.

7 days 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...

7 days 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.

7 days 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.

7 days 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, ...

7 days 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...

8 days 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...

8 days 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.

8 days 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 ...

8 days 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...

9 days 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
12 days 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 ...

27 days 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...

4 weeks ago - Business Wire

Barclays: Look at these restaurant stocks ahead of earnings

Jeffrey Bernstein, Barclays analyst, joins 'Money Movers' to discuss which types of restaurants are stabilizing the best, if traffic is the answer to restaurant woes, and much more.

Other symbols: MCDSHAK
4 weeks ago - CNBC Television

CAVA Group stock price has soared: more upside?

CAVA Group (CAVA) stock price is firing on all cylinders, making it one of the best-performing companies in the US. It has jumped by over 194% this year, beating Nvidia and MicroStrategy, which have r...

6 weeks ago - Invezz

CAVA Launches First New Flavor of Its Cult-Favorite Pita Chips

WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today announced that it will be launching Garlic Ranch Pita Chips, the brand's first-ever variation...

6 weeks ago - Business Wire