CAVA Group Inc (CAVA) PT Raised to $115 at Citi

CAVA Group Inc (CAVA) PT Raised to $122 at Loop Capital

Loop Capital analyst Alton Stump raised the price target on CAVA Group Inc (NYSE: CAVA) to $122.00 (from $80.00) while maintaining a Hold rating.

The analyst comments "CAVA reported another sharp EBITDA and solid comparable sales beat in 2Q; Maintaining our HOLD rating on... More

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

JPMorgan analyst John Ivankoe raised the price target on CAVA Group Inc (NYSE: CAVA) to $90.00 (from $77.00) while maintaining a Neutral rating.

The analyst comments "CAVAs multi-regional success continues to support eventual national scale - with 2Q24 headline SSS of 14.4% underpinned by 9%+ traffic coming... More

Midday movers: Workday, Ross Stores, CAVA Group rise ; Intuit falls

(Updated - August 23, 2024 12:29 PM EDT)

Investing.com -- U.S. stock futures rose Friday, ending the week on a positive tone, after Fed chair Jerome Powell signaled the Fed would begin rate cuts in September.

Here are some of the biggest U.S. stock movers today:

Uber Technologies (NYSE: UBER) stock rose 4% after the ride-hailing service announced a multiyear partnership with Cruise, a subsidiary of General... More

CAVA Group Inc (CAVA) PT Raised to $115 at TD Cowen

TD Cowen analyst Andrew Charles raised the price target on CAVA Group Inc (NYSE: CAVA) to $115.00 (from $95.00) while maintaining a Buy rating.

The analyst commented, "We are pleased with 2Q's strong results that we believe accelerated following the June 3 launch of... More

CAVA Group Inc (CAVA) PT Raised to $118 at Stifel

Stifel analyst Chris O'Cull raised the price target on CAVA Group Inc (NYSE: CAVA) to $118.00 (from $110.00) while maintaining a Buy rating.... More

CAVA Group Inc (CAVA) PT Raised to $125 at Baird

Baird analyst David Tarantino raised the price target on CAVA Group Inc (NYSE: CAVA) to $125.00 (from $105.00) while maintaining a Outperform rating.

The analyst comments "Maintaining Outperform rating, with new $125 price target. We are raising 2024-2025 EBITDA estimates following another strong quarterly update that... More

CAVA Group Inc (CAVA) PT Raised to $120 at Wedbush

Wedbush analyst Nick Setyan raised the price target on CAVA Group Inc (NYSE: CAVA) to $120.00 (from $100.00) while maintaining a Outperform rating.... More

Stocks expected to have increasing option volume: CAVA WDAY INTU BILL ROST UBER LYFT GM

Stocks expected to have increasing option volume: CAVA WDAY INTU BILL ROST UBER LYFT GM

CAVA Group Inc (CAVA) PT Raised to $95 at Barclays

Barclays analyst Jeffrey Bernstein raised the price target on CAVA Group Inc (NYSE: CAVA) to $95.00 (from $72.00) while maintaining a Equalweight rating.... More

After-hours movers: Uber, Workday, Ross Stores, CAVA Group

After-Hours Stock Movers:

Uber (NYSE: UBER) fell 3% and General Motors (NYSE: GM) rose 1.8% after Uber and Cruise announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the... More

CAVA Group, Inc. (CAVA) Tops Q2 EPS by 7c, raises guidance

CAVA Group, Inc. (NYSE: CAVA) reported Q2 EPS of $0.17, $0.07 better than the analyst estimate of $0.10. Revenue for the quarter came in at $231.4 million versus the consensus estimate of $209.7 million.

FY Guidance:
Adjusted EBITDA: $109.0 to $114.0 million

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

CAVA Group (CAVA) call put ratio 1.5 calls to 1 put with focus on August 23 weekly calls into quarter results

CAVA Group (NYSE: CAVA) August 23 weekly call option implied volatility is at 241, September is at 71; compared to its 52-week range of 47 to 88 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.