Wedbush Comments on CAVA Group’s Q3 Earnings (NYSE:CAVA)

CAVA Group, Inc. (NYSE:CAVA) – Investment analysts at Wedbush cut their Q3 2026 earnings per share (EPS) estimates for CAVA Group in a research note issued on Wednesday, March 19th. Wedbush analyst N. Setyan now expects that the company will post earnings of $0.25 per share for the quarter, down from their previous forecast of $0.27. Wedbush has a “Outperform” rating and a $150.00 price target on the stock. The consensus estimate for CAVA Group’s current full-year earnings is $0.50 per share. Wedbush also issued estimates for CAVA Group’s FY2026 earnings at $0.89 EPS.

CAVA Group (NYSE:CAVA) last posted its earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $227.40 million for the quarter, compared to analysts’ expectations of $223.34 million. CAVA Group had a return on equity of 9.10% and a net margin of 5.88%.

CAVA has been the topic of several other research reports. Citigroup cut their price target on CAVA Group from $163.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Piper Sandler raised CAVA Group from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $142.00 to $115.00 in a research report on Friday, February 28th. William Blair reissued an “outperform” rating on shares of CAVA Group in a report on Wednesday, February 26th. UBS Group cut their price target on CAVA Group from $160.00 to $125.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. upgraded CAVA Group from a “neutral” rating to an “overweight” rating and set a $110.00 price target for the company in a research note on Thursday. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $131.47.

CAVA Group Stock Up 5.8 %

CAVA opened at $81.20 on Thursday. The firm has a market cap of $9.39 billion, a price-to-earnings ratio of 176.53 and a beta of 3.58. CAVA Group has a 52 week low of $58.22 and a 52 week high of $172.43. The business’s 50 day moving average is $111.90 and its two-hundred day moving average is $123.36.

Insiders Place Their Bets

In other CAVA Group news, CFO Tricia K. Tolivar sold 2,086 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $119.18, for a total value of $248,609.48. Following the sale, the chief financial officer now owns 235,592 shares of the company’s stock, valued at approximately $28,077,854.56. This represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Theodoros Xenohristos sold 851 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $119.18, for a total value of $101,422.18. Following the completion of the sale, the insider now directly owns 358,995 shares in the company, valued at $42,785,024.10. This trade represents a 0.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,235 shares of company stock worth $3,514,101. 12.10% of the stock is owned by corporate insiders.

Institutional Trading of CAVA Group

A number of large investors have recently made changes to their positions in CAVA. Arcadia Investment Management Corp MI acquired a new stake in shares of CAVA Group during the fourth quarter valued at $25,000. Allworth Financial LP boosted its stake in shares of CAVA Group by 369.2% during the fourth quarter. Allworth Financial LP now owns 244 shares of the company’s stock valued at $30,000 after acquiring an additional 192 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of CAVA Group by 274.0% during the fourth quarter. Larson Financial Group LLC now owns 273 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of CAVA Group by 80.9% during the fourth quarter. Whittier Trust Co. now owns 284 shares of the company’s stock valued at $32,000 after acquiring an additional 127 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in CAVA Group by 884.4% in the 4th quarter. Signaturefd LLC now owns 315 shares of the company’s stock worth $36,000 after buying an additional 283 shares during the last quarter. Institutional investors and hedge funds own 73.15% of the company’s stock.

CAVA Group Company Profile

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.