CAVA Group (CAVA) Stock Forecast & Price Target

$133.56

-0.26 (-0.19%)

(As of 10/31/2024 ET)

CAVA Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
8

Buy
8

Based on 16 Wall Street analysts who have issued ratings for CAVA Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 8 have given a hold rating, and 8 have given a buy rating for CAVA.

Consensus Price Target

$118.71
-11.12% Downside

According to the 16 analysts' twelve-month price targets for CAVA Group, the average price target is $118.71. The highest price target for CAVA is $140.00, while the lowest price target for CAVA is $90.00. The average price target represents a forecasted downside of -11.12% from the current price of $133.56.

CAVA Analyst Ratings Over Time

Type	Current Forecast 11/2/23 to 11/1/24	1 Month Ago 10/3/23 to 10/2/24	3 Months Ago 8/4/23 to 8/3/24	1 Year Ago 11/2/22 to 11/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$118.71	$115.64	$82.75	$46.67
Forecasted Upside	-11.12% Downside	-5.90% Downside	1.86% Upside	37.01% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CAVA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CAVA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CAVA Group Stock vs. The Competition

Type	CAVA Group	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.50	2.50	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	-11.12% Downside	40.08% Upside	10.65% Upside
News Sentiment Rating	Positive News See Recent CAVA News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/29/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$115.00 ➝ $140.00	+1.53%
10/22/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$95.00 ➝ $113.00	-16.70%
9/27/2024	UBS Group 4 of 5 stars	D. Geiger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$135.00	+6.24%
9/24/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$115.00 ➝ $130.00	+2.14%
9/23/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$115.00 ➝ $130.00	+0.94%
9/11/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$104.00 ➝ $128.00	+6.22%
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8/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$90.00 ➝ $110.00	-7.09%
8/26/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$77.00 ➝ $90.00	-29.18%
8/26/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$80.00 ➝ $122.00	-0.20%
8/23/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$94.00 ➝ $117.00	+14.80%
8/23/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$100.00 ➝ $120.00	+17.74%
8/23/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$105.00 ➝ $125.00	+22.65%
8/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$90.00 ➝ $110.00	+10.43%
5/30/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Mullan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$63.00 ➝ $92.00	+4.36%
2/27/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform
11/17/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:25 AM ET.

CAVA Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for CAVA Group is $118.71, with a high forecast of $140.00 and a low forecast of $90.00.
: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CAVA Group in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CAVA shares.
: According to analysts, CAVA Group's stock has a predicted downside of -11.12% based on their 12-month stock forecasts.
: Over the previous 90 days, CAVA Group's stock had 1 downgrade by analysts.
: CAVA Group has been rated by research analysts at Argus, Barclays, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Robert W. Baird, Stifel Nicolaus, TD Cowen, TD Securities, UBS Group, and Wedbush in the past 90 days.
: Analysts like CAVA Group more than other "retail/wholesale" companies. The consensus rating for CAVA Group is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how CAVA compares to other companies.

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With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election.

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This page (NYSE:CAVA) was last updated on 11/1/2024 by MarketBeat.com Staff

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CAVA Group (CAVA) Stock Forecast & Price Target