CAVA GroupCAVA
Market Cap: 9.1B
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 Q1 SEC filings by fund managers ($100M+ AUM)
283% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 30
67% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 55
63% more capital invested
Capital invested by funds: $3.58B [Q4 2023] → $5.85B (+$2.27B) [Q1 2024]
49% more call options, than puts
Call options by funds: $312M | Put options by funds: $210M
43% more funds holding
Funds holding: 196 [Q4 2023] → 281 (+85) [Q1 2024]
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]
2.49% more ownership
Funds ownership: 73.37% [Q4 2023] → 75.86% (+2.49%) [Q1 2024]
Research analyst outlook
28 Wall Street Analysts provided 1 year price forecasts over the past 6 months
28 analyst ratings
Morgan Stanley Brian Harbour | 13%upside $90 | Overweight Maintained | 16 Jul 2024 |
Wedbush Nick Setyan | 25%upside $100 | Outperform Maintained | 11 Jul 2024 |
TD Cowen Andrew Charles | 19%upside $95 | Buy Maintained | 13 Jun 2024 |
JP Morgan John Ivankoe | 4%downside $77 | Neutral Downgraded | 3 Jun 2024 |
Barclays Jeffrey Bernstein | 10%downside $72 | Equal-Weight Maintained | 30 May 2024 |
Financial journalist opinion
Based on 30 articles about CAVA published over the past 30 days