CAVA Group, Inc. (CAVA)

CAVA Group Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for CAVA Group stock have an average target of 144.77, with a low estimate of 110 and a high estimate of 190. The average target predicts an increase of 21.60% from the current stock price of 119.05.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$144.77	$142	$190
Change	-7.60%	+21.60%	+19.28%	+59.60%

* Price targets were last updated on Nov 15, 2024.

Analyst Ratings

The average analyst rating for CAVA Group stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	4	4	4	4	4	4
Buy	4	3	3	3	2	2
Hold	5	6	7	7	8	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	14	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Mullan Piper Sandler	Piper Sandler	Hold Maintains $100 → $142	Hold	Maintains	$100 → $142	+19.28%	Nov 15, 2024
Alton Stump Loop Capital	Loop Capital	Hold Maintains $122 → $147	Hold	Maintains	$122 → $147	+23.48%	Nov 14, 2024
Brian Harbour Morgan Stanley	Morgan Stanley	Hold Maintains $123 → $135	Hold	Maintains	$123 → $135	+13.40%	Nov 14, 2024
Jon Tower Citigroup	Citigroup	Hold Maintains $140 → $163	Hold	Maintains	$140 → $163	+36.92%	Nov 13, 2024
Jeffrey Bernstein Barclays	Barclays	Hold Maintains $113 → $142	Hold	Maintains	$113 → $142	+19.28%	Nov 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

980.55M

Increased by 34.56%

from 728.70M

Revenue Next Year

1.21B

Increased by 23.50%

from 980.55M

EPS This Year

0.51

Increased by 144.80%

from 0.21

EPS Next Year

0.63

Increased by 23.30%

from 0.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Dec 26, 2021	Dec 25, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027	Dec 31, 2028
Revenue	500.07M	564.12M	728.70M	980.55M	1.21B	1.48B	1.76B	2.09B
Revenue Growth	-	12.81%	29.17%	34.56%	23.50%	22.05%	19.15%	18.57%
EPS	-51.08	-44.42	0.21	0.51	0.63	0.83	1.38	1.89
EPS Growth	-	-	-	144.80%	23.30%	31.24%	65.53%	37.04%
Forward PE	-	-	-	231.58	187.82	143.11	86.46	63.09
No. Analysts	-	-	-	17	17	12	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	1.0B	1.3B	1.6B
Avg	980.6M	1.2B	1.5B
Low	928.5M	1.1B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	40.2%	34.1%	33.3%
Avg	34.6%	23.5%	22.0%
Low	27.4%	7.6%	11.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	0.58	0.83	1.13
Avg	0.51	0.63	0.83
Low	0.45	0.49	0.65

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	175.0%	61.4%	78.9%
Avg	144.8%	23.3%	31.2%
Low	114.7%	-4.7%	2.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.