Chipotle Mexican Grill (NYSE:CMG) Given New $42.00 Price Target at Piper Sandler

Chipotle Mexican Grill (NYSE:CMG) had its price objective decreased by research analysts at Piper Sandler from $44.00 to $42.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the restaurant operator’s stock. Piper Sandler’s price target would suggest a potential upside of 23.23% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Gordon Haskett cut shares of Chipotle Mexican Grill from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 8th. Mizuho upgraded shares of Chipotle Mexican Grill from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $37.00 to $40.00 in a report on Friday, March 20th. KeyCorp dropped their target price on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Truist Financial boosted their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Raymond James Financial dropped their price target on shares of Chipotle Mexican Grill from $43.00 to $41.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Twenty-three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $46.47.

Chipotle Mexican Grill Stock Up 3.3%

Shares of CMG stock traded up $1.09 during mid-day trading on Thursday, reaching $34.08. 16,993,942 shares of the company’s stock traded hands, compared to its average volume of 16,631,424. Chipotle Mexican Grill has a 12 month low of $29.75 and a 12 month high of $58.42. The company has a market cap of $44.39 billion, a P/E ratio of 29.87, a P/E/G ratio of 2.05 and a beta of 1.06. The company’s 50-day moving average price is $34.45 and its 200-day moving average price is $35.99.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a net margin of 12.88% and a return on equity of 47.99%. The firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter in the previous year, the business posted $0.29 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Equities analysts predict that Chipotle Mexican Grill will post 1.14 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CMG. Revolve Wealth Partners LLC lifted its holdings in shares of Chipotle Mexican Grill by 4.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after purchasing an additional 214 shares in the last quarter. Trueblood Wealth Management LLC raised its position in Chipotle Mexican Grill by 4.6% in the 3rd quarter. Trueblood Wealth Management LLC now owns 5,703 shares of the restaurant operator’s stock worth $224,000 after buying an additional 253 shares during the last quarter. Centurion Wealth Management LLC lifted its stake in Chipotle Mexican Grill by 3.1% during the 4th quarter. Centurion Wealth Management LLC now owns 8,713 shares of the restaurant operator’s stock valued at $322,000 after acquiring an additional 260 shares during the period. City State Bank boosted its holdings in shares of Chipotle Mexican Grill by 13.4% during the 4th quarter. City State Bank now owns 2,330 shares of the restaurant operator’s stock valued at $86,000 after acquiring an additional 275 shares during the last quarter. Finally, Pine Haven Investment Counsel Inc boosted its holdings in shares of Chipotle Mexican Grill by 0.8% during the 3rd quarter. Pine Haven Investment Counsel Inc now owns 37,391 shares of the restaurant operator’s stock valued at $1,465,000 after acquiring an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Revenue and comps surprised to the upside — Q1 revenue rose ~7.4% to about $3.1B and same-restaurant sales returned to growth (+0.5%), signaling a demand inflection that reassures growth-focused investors. Article Title
• Positive Sentiment: Transactions turned positive and management credited new high?protein menu items and digital initiatives for lifting traffic — a potential early sign the slump in visits is stabilizing. Article Title
• Positive Sentiment: Capital allocation and unit growth remain active (large share repurchases and continued new-restaurant openings), supporting EPS recovery over time and giving buy-side analysts reasons to reaffirm/raise targets. Article Title
• Neutral Sentiment: Management maintained its growth framework (aggressive unit-add guidance for 2026) which balances short?term margin pressure against long?term expansion plans; investors will watch execution. Article Title
• Negative Sentiment: Profitability deteriorated — operating margin and adjusted EPS compressed (EPS down to $0.24 from $0.29 a year ago) due to higher labor and operating costs; this is the main headwind to the share price. Article Title
• Negative Sentiment: Critical commentary and valuation concerns persist; some analysts / voices argue CMG’s recovery is uneven and multiples remain rich versus the near?term fundamentals. Article Title

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.