CAVA GroupCAVA
Market Cap: $13.3B
About: Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's dips, spreads, and dressings are centrally produced and sold in grocery stores. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen. The company generates the majority of its revenue from the CAVA segment.
Employees: 8,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
274% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 35
60% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 8 (+3) [Q2]
40% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 87
34% more funds holding
Funds holding: 286 [Q1] → 382 (+96) [Q2]
31% more capital invested
Capital invested by funds: $5.93B [Q1] → $7.77B (+$1.84B) [Q2]
26% more call options, than puts
Call options by funds: $493M | Put options by funds: $392M
0.85% less ownership
Funds ownership: 74.33% [Q1] → 73.48% (-0.85%) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Morgan Stanley Brian Harbour 73% 1-year accuracy 16 / 22 met price target | 5%downside $110 | Equal-Weight Downgraded | 29 Aug 2024 |
JP Morgan John Ivankoe 67% 1-year accuracy 18 / 27 met price target | 23%downside $90 | Neutral Maintained | 26 Aug 2024 |
Loop Capital Alton Stump 50% 1-year accuracy 5 / 10 met price target | 5%upside $122 | Hold Maintained | 26 Aug 2024 |
Citigroup Jon Tower 66% 1-year accuracy 19 / 29 met price target | 1%downside $115 | Neutral Maintained | 23 Aug 2024 |
Barclays Jeffrey Bernstein 51% 1-year accuracy 29 / 57 met price target | 18%downside $95 | Equal-Weight Maintained | 23 Aug 2024 |
Financial journalist opinion
Based on 74 articles about CAVA published over the past 30 days