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Cava Group Inc has a consensus price target of $137.81 based on the ratings of 18 analysts. The high is $190 issued by Wedbush on November 13, 2024. The low is $48 issued by Jefferies on July 10, 2023. The 3 most-recent analyst ratings were released by Bernstein, Piper Sandler, and Loop Capital on November 20, 2024, November 15, 2024, and November 14, 2024, respectively. With an average price target of $144.67 between Bernstein, Piper Sandler, and Loop Capital, there's an implied 2.97% upside for Cava Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cava Group (NYSE:CAVA) was reported by Bernstein on November 20, 2024. The analyst firm set a price target for $145.00 expecting CAVA to rise to within 12 months (a possible 3.20% upside). 61 analyst firms have reported ratings in the last year.
The latest analyst rating for Cava Group (NYSE:CAVA) was provided by Bernstein, and Cava Group initiated their market perform rating.
The last upgrade for Cava Group Inc happened on April 10, 2024 when Argus Research raised their price target to $70. Argus Research previously had a hold for Cava Group Inc.
The last downgrade for Cava Group Inc happened on August 29, 2024 when Morgan Stanley changed their price target from $90 to $110 for Cava Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cava Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cava Group was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Cava Group (CAVA) rating was a initiated with a price target of $0.00 to $145.00. The current price Cava Group (CAVA) is trading at is $140.50, which is within the analyst’s predicted range.
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