CAVA Group Stock News

Today, I'll review CAVA Group, Inc. with you, which can be best understood as "The Chipotle Of Mediterranean Cuisine". I'll provide data supporting that idea. To start, however, I'd like to share some general investing principles that I learned from Peter Lynch, as well as how I came to own CAVA myself.

It's been a rough start to 2025 for restaurant chains Cava Group (CAVA -0.34%) and Wingstop (WING -0.74%), with both stocks down around 24% and 21%, respectively (as of March 31).

Shares of CAVA Group Inc. NYSE: CAVA failed to celebrate its impressive 21.2% year-over-year (YOY) comparable sales (comps) growth reported in the fourth quarter of 2024.

With the S&P 500 down five of the last six weeks, investors seem to fearing the worst.

Cava Group (NYSE:CAVA)'s growth potential has Bank of America analysts bullish on the fast-casual Mediterranean chain, with the broker initiating coverage on the company with a ‘Buy' rating and a $112 price target. Shares of Cava traded hands at about $86 on Monday.

You can be forgiven if you've never heard of Cava Group (CAVA -3.16%). As of the end of 2024, the company had just 367 restaurant locations and many of these had only recently been rebranded from the Zoës Kitchen name.

With the recent market pullback, technology stocks have gotten a lot of investors' attention lately, but they are not the only growth stocks that suddenly find themselves at much lower prices. Two restaurant stocks with some of the best long-term prospects are also much cheaper than they were in mid-February.

NEW YORK , March 26, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, and S&P SmallCap 600: Cava Group Inc. (NYSE: CAVA) will replace Altair Engineering Inc. (NASD: ALTR) in the S&P MidCap 400 effective prior to the opening of trading on Monday, March 31. Siemens AG (XETR: SIE) acquired Altair Engineering in a deal completed today.