CAVA Group, Inc. (CAVA)

CAVA Group Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CAVA Group stock have an average target of 80.33, with a low estimate of 40 and a high estimate of 100. The average target predicts an increase of 0.43% from the current stock price of 79.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$80.33	$90	$100
Change	-49.99%	+0.43%	+12.51%	+25.02%

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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	4	5	5	4
Buy	7	7	6	6	5	4
Hold	4	4	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	15	15	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Harbour Morgan Stanley	Morgan Stanley	Buy Maintains $85 → $90	Buy	Maintains	$85 → $90	+12.51%	Jul 16, 2024
Nick Setyan Wedbush	Wedbush	Buy Maintains $90 → $100	Buy	Maintains	$90 → $100	+25.02%	Jul 11, 2024
Andrew Charles TD Cowen	TD Cowen	Strong Buy Maintains $90 → $95	Strong Buy	Maintains	$90 → $95	+18.76%	Jun 13, 2024
John Ivankoe JP Morgan	JP Morgan	Buy → Hold Downgrades $77	Buy → Hold	Downgrades	$77	-3.74%	Jun 3, 2024
Jeffrey Bernstein Barclays	Barclays	Hold Maintains $58 → $72	Hold	Maintains	$58 → $72	-9.99%	May 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

918.14M

Increased by 26.00%

from 728.70M

Revenue Next Year

1.10B

Increased by 19.92%

from 918.14M

EPS This Year

0.35

Increased by 64.43%

from 0.21

EPS Next Year

0.45

Increased by 30.29%

from 0.35

Year	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	500.07M	564.12M	728.70M	918.14M	1.10B	1.33B	1.51B	1.75B
Revenue Growth	-	12.81%	29.17%	26.00%	19.92%	20.44%	13.50%	16.28%
EPS	-51.06	-44.41	0.21	0.35	0.45	0.66	0.85	0.81
EPS Growth	-	-	-	64.43%	30.29%	46.50%	28.45%	-4.82%
Forward PE	-	-	-	231.65	177.79	121.36	94.48	99.27
No. Analysts	-	-	-	16	16	10	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	962.4M	1.2B	1.4B	1.6B	1.8B
Avg	918.1M	1.1B	1.3B	1.5B	1.8B
Low	848.9M	965.5M	1.2B	1.4B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	32.1%	28.3%	29.2%	19.5%	22.1%
Avg	26.0%	19.9%	20.4%	13.5%	16.3%
Low	16.5%	5.2%	9.6%	6.6%	9.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.48	0.60	0.82	0.87	0.83
Avg	0.35	0.45	0.66	0.85	0.81
Low	0.25	0.29	0.54	0.81	0.77

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	128.0%	74.5%	81.3%	32.2%	-2.0%
Avg	64.4%	30.3%	46.5%	28.4%	-4.8%
Low	16.7%	-14.9%	19.8%	23.4%	-8.6%

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.