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CAVA Group, Inc.

CAVA · NYSE

Market closed$68.85$0.750000 (+1.10%)After hours $68.80 · -0.07%

Key statistics

Previous close$68.10
Open$68.65
Day high$71.35
Day low$68.19
52-week high$98.79
52-week low$43.41
Market cap8.02B
Volume2.14M
Average volume3.13M
P/E ratio132.40
Forward P/E38.30
EPS0.52
Dividend yield0.00%

Market context

Why it moved

CAVA shares edged modestly higher, likely benefiting from relief sentiment as the CDC's Cyclospora outbreak was definitively traced to Taylor Farms lettuce supplied specifically to Taco Bell, clearing CAVA of any association with the food safety scare and removing a potential overhang from the fast-casual restaurant sector.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026CAVA Group closed modestly higher, outperforming a broadly weaker market, as Wall Street's bullish sentiment continued to build following Morgan Stanley's mid-week upgrade to Overweight with a $90 price target. Analyst Brian Harbour dismissed recent softness in credit card data as a temporary signal, citing strong traffic growth, rapid unit expansion, and healthy margin visibility as reasons to stay constructive on the Mediterranean fast-casual chain ahead of Q2 earnings.

1.1013

July 17, 2026CAVA Group closed down 2.23% despite a Morgan Stanley upgrade to Overweight with a raised $90 price target, as broader tech-driven market weakness weighed on growth stocks. Morgan Stanley analyst Brian Harbour cited softness in credit card data as the reason for the stock's recent slide but expressed confidence in Q2 and full-year guidance, calling CAVA one of few restaurant names where traffic growth, unit expansion, new store performance, and margin visibility are all trending positively. The pullback came amid sector-wide pressure, with the XLY consumer discretionary ETF also declining, even as CAVA's long-term growth story—including 32% Q1 revenue growth and plans to open 75+ new restaurants in 2026—continues to attract analyst attention.

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July 16, 2026CAVA Group closed modestly lower despite receiving a high-profile Morgan Stanley upgrade to Overweight with a $90 price target, as shares gave back early gains of over 6% to finish down 0.43%. Analyst Brian Harbour cited attractive fundamentals after recent weakness driven by soft credit card data, noting Q2 and full-year guidance remain on track. The upgrade was reinforced by a concurrent UBS Buy upgrade (also $90 PT), strong Q1 results—32.1% revenue growth and a same-store sales beat—and plans to open 75-77 new restaurants in 2026, positioning CAVA as one of the sector's strongest growth stories despite broader restaurant industry headwinds.

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July 15, 2026CAVA Group fell sharply as consumer discretionary stocks faced pressure from a challenging macro backdrop combining Iran-driven oil price spikes, elevated inflation, and cautious consumer spending weighing on restaurant stocks broadly. Despite being named the top performer among modern fast-food chains in Q1 earnings reviews — with 32.2% revenue growth, 9.7% same-store sales growth, and a restaurant-level profit margin of 25.1% — the stock retreated alongside peers like Wingstop, which also dropped 3.6% on an analyst note. The broader restaurant industry continues to face headwinds from elevated menu prices and rising labor and food costs.

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July 14, 2026CAVA Group edged modestly higher, outperforming a broader market that declined on renewed U.S.-Iran military tensions and surging oil prices. The Mediterranean fast-casual chain has drawn favorable comparisons to peers amid a challenging restaurant environment, with analysts spotlighting CAVA alongside Chipotle as top names in a sector pressured by cautious consumer spending. Investor confidence remains supported by CAVA's strong Q1 print — including 6.8% traffic growth and a raised full-year same-store sales outlook of 4.5%–6.5% — and its CEO's disciplined no-discount strategy, which continues to differentiate the brand from struggling peers.

0.4988

July 11, 2026CAVA Group surged nearly 6%, snapping back sharply from a 29% pullback since its April highs, as investors appeared to reassess the disconnect between weak price action and strong fundamentals. The stock's recovery comes against a backdrop of broadly constructive analyst sentiment — a $93 mean price target from 24 analysts sits well above recent trading levels — and Q1 results that included 32% revenue growth, a 38% adjusted EBITDA beat, and raised full-year guidance, all while management noted Q2 same-store sales tracking in line with Q1's impressive 9.7% comp.

5.8358

July 10, 2026CAVA Group edged higher, closing up about 0.90% and extending gains in after-hours trading, even as the broader restaurant sector navigates a challenging macro backdrop. The stock remains roughly 29% below its April peak despite a strong Q1 print that saw 32% revenue growth, 9.7% same-store sales growth, and a raised full-year guidance — a disconnect that has Wall Street's 24-analyst consensus firmly bullish with a $93 mean target implying ~37% upside. Sector headwinds including US-Iran geopolitical tensions, rising energy costs, and consumer spending caution continue to weigh on restaurant names broadly, while analysts acknowledge CAVA's premium valuation (~128x earnings vs. ~24x industry average) leaves little room for execution missteps ahead of its pivotal Q2 report expected in mid-August.

0.9025

July 9, 2026CAVA Group fell nearly 3% in above-average volume as a broad risk-off selloff swept consumer cyclical stocks, triggered by President Trump declaring the U.S.-Iran ceasefire "over," sending oil prices surging 5%+ and stoking inflation fears. The decline extended a rough stretch for the stock that began July 6, when CAVA dropped ~6.5% amid investor concerns over its premium valuation near 118x forward earnings — despite strong Q1 2026 fundamentals including 32% revenue growth and 9.7% same-restaurant sales growth. Analysts remain constructive, with a median Street price target of ~$92.50 and recent commentary highlighting CAVA's resilience as fast-casual chains continue to outperform QSR peers amid growing grocery competition.

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Simply Wall Street · July 18, 2026CAVA (CAVA) Stock May Be Fully Priced On Earnings Despite 41% ReturnsStockStory · July 15, 2026Why Is CAVA (CAVA) Stock Soaring TodayInvesting.com · July 15, 2026Why is CAVA stock rallying today?TradingView · July 14, 2026Modern Fast Food Stocks Q1 Earnings: CAVA (NYSE:CAVA) Best of the BunchQuiver Quantitative · July 6, 2026CAVA Falls as Investors Reassess Valuation and Growth MomentumInvestor's Business Daily · May 20, 2026Cava Stock Looks Spicier But Undercooked After Earnings BeatInvesting.com · May 19, 2026Earnings call transcript: CAVA Group beats Q1 2026 forecasts, stock dipsBusiness Wire · May 19, 2026CAVA Group Reports First Quarter 2026 Results
Benzinga · July 15, 2026Morgan Stanley Upgrades Cava Group to Overweight, Raises Price Target to $90
Mt Newswire · July 15, 2026Morgan Stanley Upgrades CAVA Group to Overweight From Equalweight, Raises Price Target to $90 From $86
Mt Newswire · June 23, 2026Cava Group Insider Sold Shares Worth $900,000, According to a Recent SEC Filing
Benzinga · June 17, 2026Jim Cramer Calls CAVA 'Tasty, Clean, Fun,' Says Make This Biotech 'Your Speculation'
Mt Newswire · June 10, 2026CAVA Shares Rise After UBS Upgrade
Mt Newswire · June 10, 2026Cava Has Multiple Catalysts to Sustain Sales Growth Momentum, UBS Says in Upgrade
Mt Newswire · June 10, 2026Cava's Sales Momentum, Store Expansion Support Growth Outlook, UBS Securities Says
Benzinga · June 10, 2026UBS Upgrades Cava Group to Buy, Raises Price Target to $90

Peers

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