CAVA Unveils Share Repurchase

CAVA Group's shares fell 37% over six months, partly due to a Cyclospora outbreak. Melius Research upgraded it to Buy with a $95 target, 82% above the Oct. 7 close, citing strong fundamentals and overreaction to recent issues. Analysts expect EPS growth to resume in 2027. CAVA trades at 78x forward earnings, below its 3-year average.

Melius upgraded CAVA Group (NYSE:CAVA) to Buy with a $95 price target, citing strong unit economics and growth potential. The stock is down 47% from its 52-week high. CAVA reported 27% revenue growth and a 2.48 current ratio. Analysts have mixed views on its valuation and price targets.

CAVA Group, Inc. (NYSE: CAVA) announced a share repurchase program, authorized to buy up to $100 million of its common stock. The program, valid until September 17, 2027, may be executed through open market purchases, private transactions, or other means. The company plans to fund repurchases with existing cash and operational cash flows.

CAVA GROUP, INC. (CAVA) filed an SEC Form 8-K — Other Events. EXHIBIT 99.1 CAVA Announces a $100 Million Share Repurchase Program WASHINGTON, D.C. (September 18, 2026) – CAVA Group, Inc. (NYSE: CAVA), today announced that its board of directors approved a share repurchase program with authorization to purchase up to $100 million of its outs

Seaport Research initiated coverage on five restaurant chains, rating Wendy's (WEN), Chipotle (CMG), Starbucks (SBUX), and McDonald's (MCD) 'Neutral', while naming CAVA Group (CAVA) 'Buy'. The firm cited weaker restaurant traffic, rising oil prices, and inflation as pressures on the industry. CAVA was highlighted for its growth potential and lower brand awareness, with a $58 price target.

CAVA's Q2 2026 results beat expectations with revenue up 31.3% to $365.4M, but shares fell 8.11% to $50.44. COO Douglas Thompson bought $432,380 in stock amid analyst price target cuts. Restaurant-level margins softened, but growth continues. Forward multiple dropped to 83.55x.