Analyst Reassess CAVA Group (CAVA) As Company Launches First-ever Seafood Offering

CAVA Group, Inc. (NYSE:CAVA) is one of the 7 Best Restaurant Stocks to Buy for Growth in 2026. On March 16, JP Morgan’s John Ivankoe maintained his Buy rating on the CAVA Group, Inc. (NYSE:CAVA) stock, along with a price target of $80. This is below the stock’s current market price. Sara Senatore of the Bank of America Securities has a higher price target of $95, which she reiterated on March 11. This also happens to be the highest price target on Wall Street, offering 13% upside from here.

These updates come after the company’s Q4 2025 results announced on February 24. Despite pressure on margins, which will likely worsen given higher oil prices and resulting inflation, management is planning 74 to 76 new restaurant openings in 2026. While the management does not plan any price increases in its menu, this was said before oil prices took off at the end of February.

Apart from the new markets being targeted, the company also announced the addition of its first-ever seafood offering: Pomegranate-glazed Salmon. The item is expected to be available in restaurants by the end of Q1 2026. The new item is also expected to put pressure on the company’s margins in the short term.

CAVA Group, Inc. (NYSE:CAVA) is an operator and owner of a chain of restaurants under the CAVA brand across the United States. The company also offers spreads, dips, and dressings through grocery stores, as well as online and mobile ordering platforms.

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