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What is the price target for Cava Group (Cava)?

The current UPSIDE for CAVA Group, Inc. (CAVA) is 5.51% Based on short-term price targets offered by 12 analysts, the average price target for Cava Group comes to $132.92. The forecasts range from a low of $90.00 to a high of $190.00. The average price target represents a decline of 3.92% from the last closing price of $138.34.

Is Cava Group (cava) a good stock to buy?

CAVA Group, Inc. (CAVA) currently has an average brokerage recommendation (ABR) of 2.07 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The average price target for CAVA Group, Inc. (CAVA) is $149.17.

Is cava a good stock to buy in 2024?

Cava has lots of unexplored territory ahead of it to build a national brand. With strong unit economics, it looks like this company can self-fund its growth while still remaining profitable. The stock might keep moving higher in the short term, but it will likely struggle over the next few years after rising so high in 2024.

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