Guggenheim Initiates Coverage on CAVA Group with Buy Rating and $100 Target

Guggenheim has officially initiated coverage of CAVA Group Inc. (NYSE: CAVA) with a "Buy" rating and a price target of $100. The analyst firm highlighted CAVA's robust unit economics, noting average unit volumes of $2.9 million and cash-on-cash returns exceeding 40%. Projections suggest a strong growth trajectory, with a revenue CAGR of 24% and an EBITDA CAGR of 32% expected between 2025 and 2028. Furthermore, Guggenheim's 2026 same-store sales growth forecast of 6.5% significantly outpaces the market consensus of 4.6%. The bullish outlook is supported by CAVA's conservative balance sheet, which provides a solid foundation for long-term expansion. This initiation reflects growing confidence in the Mediterranean fast-casual chain's ability to outperform its peers in the restaurant sector.

Sources:Financial Modeling Prepinvesting.commarketbeat.comgurufocus.combenzinga.commarketscreener.comstreetinsider.com