Cava (CAVA) Stock Price

Financial Performance

Cava's revenue in the last quarter was $243.8M, a growth of 4.4% from the previous quarter and an impressive increase of 37.6% YoY. Their gross profit stood at $136.2M, which is a significant rise of both QoQ (180.1%) and YoY (394.7%). However, their operating income declined by -32.3% from the previous quarter to $13.8M indicating some operational inefficiencies or increased costs.

Stock Price & Technical Indicators

The stock price currently stands at $123.86 with a minor dip of -0.2% over the last month but still significantly above its 200-day moving average ($106.34). The RSI value is at 62.96 suggesting that it is neither oversold nor overbought.

Alternative Data Signals

In terms of web traffic, Cava has seen a decrease with visitors down by -11% MoM and -13.2% YoY, which could be a concern if this trend continues over time as it may indicate lessening interest or engagement with their products/services online.
On the other hand, mobile app downloads have surged up by an astounding 3191% MoM and up by 3102.% YoY reflecting high digital engagement.
The number of job openings increased by 20%, hinting towards potential expansion plans while social media followers across platforms have shown healthy growth rates indicating strong brand recognition and popularity.

Conclusion

Despite some areas for improvement such as operating income and web traffic trends, Cava's robust revenue growth, strong gross profit margins coupled with increasing app downloads and social media presence make a compelling case for the company's stock. Therefore, the AI stock analysis is cautiously bullish.

Note: This AI Stock Analysis is based on data as of January 28. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Cava (CAVA), currently trading at $63.63, will... Sign up to access price prediction.