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Cava Group Inc has a consensus price target of $114.13 based on the ratings of 17 analysts. The high is $148 issued by Baird on November 4, 2024. The low is $48 issued by Jefferies on July 10, 2023. The 3 most-recent analyst ratings were released by Baird, Citigroup, and Barclays on November 4, 2024, October 29, 2024, and October 22, 2024, respectively. With an average price target of $133.67 between Baird, Citigroup, and Barclays, there's an implied -9.70% downside 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 Baird on November 4, 2024. The analyst firm set a price target for $148.00 expecting CAVA to fall to within 12 months (a possible -0.02% downside). 52 analyst firms have reported ratings in the last year.
The latest analyst rating for Cava Group (NYSE:CAVA) was provided by Baird, and Cava Group maintained their outperform 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 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Cava Group (CAVA) rating was a maintained with a price target of $125.00 to $148.00. The current price Cava Group (CAVA) is trading at is $148.03, which is out of the analyst’s predicted range.
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