CAVA Stock Recent News

Cava (CAVA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Shares of Cava Group (CAVA 2.43%) are trading hands with a price-to-earnings ratio of nearly 300. That's an important number to keep in mind as investors assess the future.

Cava (CAVA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Cava Group (CAVA) concluded the recent trading session at $122.97, signifying a -1.53% move from its prior day's close.

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Cava Group (CAVA 0.70%) stock was a breakout winner last year as the market cap of the Mediterranean fast-casual restaurant chain more than doubled on blistering growth. The numbers the company is generating right now are reminiscent of Chipotle Mexican Grill, the leader and pioneer in fast casual, and Cava's average unit volumes, or average sales per restaurant, are already approaching Chipotle levels.

Shares of Cava Group (CAVA 0.50%) have risen by more than 150% over the past year. That's great if you own the stock, but you can't expect that performance to continue indefinitely.

In the closing of the recent trading day, Cava Group (CAVA) stood at $124.01, denoting a +0.5% change from the preceding trading day.

CAVA'S stock is experiencing strong upward momentum, with impressive annual gains +169%. The rise did not have significant pullbacks, indicative of a strong shareholder base. At current levels, the stock trades 31% below the peak of its trend at all-time highs, offering a repositioning opportunity.

Cava Group (CAVA 0.61%) is one of the hottest restaurant growth stocks to come along in a while. It rocketed to more than $170 in 2024 before pulling back late in the year.