On September 16, 2026, Seaport Global initiated coverage of CAVA Group (NYSE: CAVA) with a “Buy” recommendation. As of September 15, 2026, CAVA’s stock closed at $49.99, having decreased by 16.88% over one week from $60.14 on September 8, and down 32.83% from $74.42 on August 14.
The consensus target mean for CAVA’s stock stands at $90.51, implying a potential increase of 81.06% from the most recent close. In its latest earnings report on August 11, CAVA Group reported an earnings per share (EPS) of 0.19, slightly surpassing the analyst estimate of 0.186, along with revenues of $368.4 million, above the $367.7 million forecast.
For fiscal 2026, CAVA anticipates opening 75 to 77 new restaurants, projecting same-restaurant sales growth of 4.5% to 6.5%, and a restaurant-level profit margin between 23.7% and 24.3%. The company also provided guidance of $181 million to $191 million in adjusted EBITDA. As of September 1, 2026, the aggregate analyst sentiment included 10 strong buy, 13 buy, and 12 hold recommendations, reflecting a positive outlook.
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