CAVA Group stock price forecast ahead of earnings: buy or sell?
CAVA Group (NASDAQ: CAVA) stock price has surged to a record high as investors compare it with Chipotle Mexican Grill (NYSE: CMG). It soared to a high of $82.82, which was 182% above its lowest level in 2023. This jump has brought its total market cap to over $10 billion. Comparisons with ChipotleCAVA Group’s shares have surged hard this year, helped by its strong revenue growth and future potential. Its annual revenue has jumped from over $500 million in 2019 to over $728 million in 2023. Analysts are optimistic that its revenue growth will accelerate and reach over $878 million this year and...