CAVA Group (CAVA) Stock Forecast & Price Target

$124.51

+0.21 (+0.17%)

(As of 02:37 PM 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 14 Analyst Ratings

Based on 14 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 14 analysts, 7 have given a hold rating, and 7 have given a buy rating for CAVA.

Consensus Price Target

$111.58
-10.38% Downside

High Forecast	$128.00
Average Forecast	$111.58
Low Forecast	$90.00

According to the 14 analysts' twelve-month price targets for CAVA Group, the average price target is $111.58. The highest price target for CAVA is $128.00, while the lowest price target for CAVA is $90.00. The average price target represents a forecasted downside of -10.38% from the current price of $124.51.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	7 Hold rating(s)	6 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	$111.58	$84.42	$81.50	$49.63
Forecasted Upside	-10.38% Downside	2.94% Upside	2.12% Upside	13.35% Upside

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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	2.51	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-10.32% Downside	40.21% Upside	7.94% Upside
News Sentiment Rating	Positive 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
9/12/2024	TD Cowen 4 of 5 stars		Reiterated Rating	Buy ➝ Buy	$115.00 ➝ $115.00	-7.79%
9/11/2024	Argus 3 of 5 stars		Boost Target	Buy ➝ Buy	$104.00 ➝ $128.00	+6.22%
8/29/2024	Morgan Stanley 3 of 5 stars		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	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$93.00 ➝ $115.00	-4.63%
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8/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$72.00 ➝ $95.00	-18.26%
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 Thursday at 02:56 PM ET.

CAVA Forecast - Frequently Asked Questions

What is CAVA Group's forecast for 2024?: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for CAVA Group is $111.58, with a high forecast of $128.00 and a low forecast of $90.00.
Should I buy or sell CAVA Group stock right now?: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CAVA Group in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CAVA shares.
Does CAVA Group's stock price have much downside?: According to analysts, CAVA Group's stock has a predicted downside of -0.32% based on their 12-month stock forecasts.
Has CAVA Group been downgraded by Wall Street analysts recently?: Over the previous 90 days, CAVA Group's stock had 1 downgrade by analysts.
What analysts cover CAVA Group?: 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, and Wedbush in the past 90 days.
Do Wall Street analysts like CAVA Group more than its competitors?: Analysts like CAVA Group less than other "retail/wholesale" companies. The consensus rating score for CAVA Group is 2.50 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how CAVA compares to other companies.