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CAVA Group beat earnings expectations in Q2 2026, driving stock near its 52-week high despite insider selling and a high P/E ratio.
CAVA Group reported stronger-than-expected Q2 earnings on February 24, 2026, with $0.04 EPS and $274.99 million in revenue, up 20.9% year-over-year, beating estimates.
The stock rose initially on the news, trading near its 52-week high of $101.50 with a market cap of $9.54 billion.
Despite a high P/E ratio of 152.26 and mixed analyst views, some firms raised price targets, including TD Cowen to $90 and Sanford C. Bernstein to $84.
Others remained cautious.
Insiders sold 39,055 shares in the past 90 days, reducing their stake by 7.11%.
The company continues expanding its fast-casual Mediterranean dining chain, which includes the 2018 Zoe’s Kitchen acquisition.
CAVA Group superó las expectativas de ganancias en el segundo trimestre de 2026, llevando a las acciones cerca de su máximo de 52 semanas a pesar de las ventas internas y una alta relación P/E.