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 3.64% from the current stock price of 139.69.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$144.77	$142	$190
Change	-21.25%	+3.64%	+1.65%	+36.02%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	5	4	4	4	4	4
Buy	5	4	3	3	3	2
Hold	5	5	6	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	13	13	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	+1.65%	Nov 15, 2024
Alton Stump Loop Capital	Loop Capital	Hold Maintains $122 → $147	Hold	Maintains	$122 → $147	+5.23%	Nov 14, 2024
Brian Harbour Morgan Stanley	Morgan Stanley	Hold Maintains $123 → $135	Hold	Maintains	$123 → $135	-3.36%	Nov 14, 2024
Jon Tower Citigroup	Citigroup	Hold Maintains $140 → $163	Hold	Maintains	$140 → $163	+16.69%	Nov 13, 2024
Jeffrey Bernstein Barclays	Barclays	Hold Maintains $113 → $142	Hold	Maintains	$113 → $142	+1.65%	Nov 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

956.82M

Increased by 31.31%

from 728.70M

Revenue Next Year

1.16B

Increased by 21.34%

from 956.82M

EPS This Year

0.43

Increased by 106.43%

from 0.21

EPS Next Year

0.51

Increased by 17.61%

from 0.43

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	956.82M	1.16B	1.41B	1.51B	1.75B
Revenue Growth	-	12.81%	29.17%	31.31%	21.34%	21.45%	6.74%	16.28%
EPS	-51.08	-44.42	0.21	0.43	0.51	0.71	0.85	0.81
EPS Growth	-	-	-	106.43%	17.61%	38.70%	19.72%	-4.82%
Forward PE	-	-	-	322.24	273.98	197.54	165.00	173.36
No. Analysts	-	-	-	17	17	11	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.0B	1.2B	1.5B
Avg	956.8M	1.2B	1.4B
Low	894.3M	1.0B	1.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	37.8%	29.2%	29.7%
Avg	31.3%	21.3%	21.4%
Low	22.7%	5.9%	11.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.50	0.66	0.96
Avg	0.43	0.51	0.71
Low	0.36	0.36	0.58

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	140.0%	52.6%	87.4%
Avg	106.4%	17.6%	38.7%
Low	72.7%	-16.4%	13.4%

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.