JPMorgan Chase & Co. Cuts CAVA Group (NYSE:CAVA) Price Target to $80.00

21 Sep 2026, 05:56 by Danessa Lincoln · The Markets Daily

CAVA Group (NYSE:CAVA – Free Report) had its price objective trimmed by JPMorgan Chase & Co. from $85.00 to $80.00 in a research report released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other analysts have also recently issued reports about the company. Guggenheim lowered their price target on CAVA Group from $100.00 to $95.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. DA Davidson dropped their price objective on shares of CAVA Group from $84.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, August 13th. Citigroup restated a “buy” rating on shares of CAVA Group in a research report on Tuesday, July 28th. Weiss Ratings cut CAVA Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 24th. Finally, Freedom Capital raised CAVA Group to a “hold” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, CAVA Group presently has an average rating of “Moderate Buy” and a consensus price target of $88.64.

Read Our Latest Stock Report on CAVA

CAVA Group Price Performance

CAVA opened at $51.67 on Friday. The firm’s fifty day moving average price is $64.07 and its two-hundred day moving average price is $75.89. The company has a market capitalization of $6.04 billion, a P/E ratio of 93.96, a P/E/G ratio of 4.01 and a beta of 1.74. CAVA Group has a fifty-two week low of $43.41 and a fifty-two week high of $98.79.

CAVA Group (NYSE:CAVA – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.01. The business had revenue of $368.44 million for the quarter, compared to analyst estimates of $360.09 million. CAVA Group had a net margin of 4.82% and a return on equity of 8.28%. The firm’s revenue was up 31.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. On average, equities research analysts expect that CAVA Group will post 0.55 EPS for the current fiscal year.

CAVA Group declared that its board has authorized a stock repurchase program on Friday, September 18th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to repurchase up to 1.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, insider Douglas Thompson bought 6,500 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of $66.52 per share, with a total value of $432,380.00. Following the transaction, the insider owned 19,371 shares in the company, valued at $1,288,558.92. This represents a 50.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On CAVA Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ancora Advisors LLC acquired a new position in CAVA Group during the second quarter valued at approximately $27,000. FNY Investment Advisers LLC bought a new position in shares of CAVA Group in the second quarter valued at $31,000. Philadelphia Investment Partners LLC acquired a new position in CAVA Group during the second quarter worth $33,000. TD Private Client Wealth LLC increased its holdings in CAVA Group by 118.2% during the fourth quarter. TD Private Client Wealth LLC now owns 600 shares of the company’s stock worth $35,000 after buying an additional 325 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in CAVA Group by 115.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 647 shares of the company’s stock worth $38,000 after acquiring an additional 347 shares in the last quarter. 73.15% of the stock is owned by institutional investors.

Key CAVA Group News

Here are the key news stories impacting CAVA Group this week:

Positive Sentiment: CAVA’s board authorized a $100 million share-repurchase program running through September 2027. The company may buy shares in the open market, private transactions, or under Rule 10b5-1 trading plans. Buybacks can support earnings per share and signal management’s confidence that the stock is undervalued. CAVA Announces a $100 Million Share Repurchase Program
Positive Sentiment: A bullish investment case points to CAVA’s strong operating momentum, including approximately 9% same-store sales growth, 5.3% higher traffic, and more than 26% year-over-year revenue and EBITDA growth. The company also plans to expand to more than 1,000 restaurants by 2032, supporting its long-term growth opportunity. Cava Looks Appetizing Even If The Valuation Is High
Positive Sentiment: Seaport Global initiated coverage with a Buy rating, while JPMorgan maintained an Overweight rating. These recommendations indicate that some analysts view the recent decline as an attractive entry point.
Neutral Sentiment: JPMorgan lowered its price target from $85 to $80 but retained its Overweight rating, implying substantial potential upside if CAVA meets its growth expectations. JPMorgan CAVA Price Target
Negative Sentiment: Royal Bank of Canada also cut its target from $95 to $85, reflecting a more cautious view despite maintaining an Outperform rating. Other commentary highlights the restaurant sector’s headwinds, while CAVA’s elevated valuation leaves the stock sensitive to any slowdown in traffic, margins, or new-store growth. Why Is CAVA Stock Crashing

CAVA Group Company Profile

(Get Free Report)

CAVA Group, Inc is a U.S.-based restaurant company that operates the CAVA fast-casual Mediterranean restaurant brand. Its restaurants offer customizable meals, including grain bowls, salads, pitas, dips, spreads and sides made with Mediterranean-inspired ingredients and flavors. Customers can order meals in restaurants, through digital channels and for catering.