CAVA Group Reports First Quarter 2024 Results

Go back to CAVA Group Reports First Quarter 2024 Results

CAVA Group Inc (CAVA) PT Raised to $94 at Jefferies

May 29, 2024 12:26 PM EDT

Jefferies analyst Andy Barish raised the price target on CAVA Group Inc (NYSE: CAVA) to $94.00 (from $72.00) while maintaining a Buy rating.

The analyst comments "1Q EBITDA $33.3m vs $22.5m Cons on SSS & RLM upside, with FY24 guide raised for both, & suggests sequential... More

CAVA Group Inc (CAVA) PT Raised to $90 at Wedbush

May 29, 2024 6:40 AM EDT

Wedbush analyst Nick Setyan raised the price target on CAVA Group Inc (NYSE: CAVA) to $90.00 (from $74.00) while maintaining a Outperform rating.

... More

CAVA Group Inc (CAVA) PT Raised to $77 at JPMorgan

May 29, 2024 5:42 AM EDT

JPMorgan analyst John Ivankoe raised the price target on CAVA Group Inc (NYSE: CAVA) to $77.00 (from $64.00) while maintaining a Overweight rating.

The analyst comments "CAVA results - and resulting stock price - are demonstrating a visible expansion from multi-regional success to eventual national scale. We... More

CAVA Group Inc (CAVA) PT Raised to $85 at Morgan Stanley

May 29, 2024 5:24 AM EDT

Morgan Stanley analyst Brian Harbour raised the price target on CAVA Group Inc (NYSE: CAVA) to $85.00 (from $68.00) while maintaining a Overweight rating.

The analyst comments "Our view on the stock at this point: We remain OW the shares here, and after having doubled YTD, risk-reward skew isn't as compelling as it was and we've had to... More

CAVA Group Inc (CAVA) PT Raised to $87 at Citi

May 29, 2024 4:59 AM EDT

Citi analyst Jon Tower raised the price target on CAVA Group Inc (NYSE: CAVA) to $87.00 (from $81.00) while maintaining a Neutral rating.

The analyst comments "Investor expectations were high heading into the print (shares +92% YTD) and CAVA delivered another strong quarter/outlook where... More

CAVA Group, Inc. (CAVA) Tops Q1 EPS by 13c, Beats on Revenue

May 28, 2024 4:12 PM EDT

CAVA Group, Inc. (NYSE: CAVA) reported Q1 EPS of $0.12, $0.13 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $256.3 million versus the consensus estimate of $237.16 million.

For earnings history and earnings-related data on CAVA Group, Inc. (CAVA) click here.

... More