Guggenheim Cuts Chipotle Mexican Grill (NYSE:CMG) Price Target to $35.00

Chipotle Mexican Grill (NYSE:CMG) had its price objective decreased by Guggenheim from $36.00 to $35.00 in a research note published on Friday morning,Benzinga reports. Guggenheim currently has a neutral rating on the restaurant operator’s stock.

A number of other equities research analysts have also recently commented on the stock. Zacks Research raised shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. Truist Financial raised their price objective on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Chipotle Mexican Grill in a research note on Monday, March 9th. DA Davidson assumed coverage on shares of Chipotle Mexican Grill in a research note on Friday, March 6th. They set a “buy” rating and a $51.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $48.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, February 4th. Twenty-three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $46.23.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $32.97 on Friday. The stock has a market capitalization of $42.29 billion, a price-to-earnings ratio of 30.25, a PEG ratio of 2.07 and a beta of 1.03. Chipotle Mexican Grill has a 12 month low of $29.75 and a 12 month high of $58.42. The firm’s 50 day simple moving average is $34.37 and its 200-day simple moving average is $35.90.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $0.29 EPS. Analysts anticipate that Chipotle Mexican Grill will post 1.13 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter valued at approximately $26,000. Wealth Watch Advisors INC acquired a new stake in shares of Chipotle Mexican Grill in the third quarter worth approximately $25,000. Financial Life Planners acquired a new stake in shares of Chipotle Mexican Grill in the third quarter worth approximately $25,000. MV Capital Management Inc. acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth approximately $26,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in Chipotle Mexican Grill in the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Key Stories Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Q1 sales beat and early recovery signs — Chipotle reported Q1 revenue slightly above expectations with same-store sales turning positive (+0.5%) and management highlighting strength from high?protein menu items and digital sales; that upside after a weak 2025 helped lift sentiment after the print. Chipotle reports surprise sales beat
• Positive Sentiment: Buy-side support from some firms — Several firms reaffirmed buys or raised targets (Citigroup raised its target to $46; TD Cowen issued a Buy), providing upside scenarios for investors focused on a rebound in comps and new-unit growth.
• Neutral Sentiment: Mixed analyst reactions — The sell?side is split: some firms raised targets or reiterated buys while others trimmed targets after Q1, creating divergent price-case narratives that could limit a clear directional trade. Read more on the mixed post?earnings reaction. Chipotle Gets Mixed Calls After Q1
• Negative Sentiment: Price?target cuts and margin worries — Guggenheim trimmed its target to $35 and cut EPS estimates citing margin pressure; analysts flagged higher labor and operating costs that compress profits even as sales recover. Guggenheim Cuts Chipotle Price Target
• Negative Sentiment: Put activity spike — Unusual options flow: ~61,900 put contracts traded (?39% above typical daily put volume), signalling elevated hedging or directional bearish bets that can amplify intraday downside.
• Negative Sentiment: Sector/headline drag and reset commentary — Analysts and market writeups point to a choppy restaurant tape and tougher consumer backdrop; Morgan Stanley and other outlets are questioning how much growth remains, contributing to selling pressure. Morgan Stanley resets Chipotle stock forecast
• Negative Sentiment: News pieces highlighting a slide today — Coverage noting the stock is sliding amid the mixed tape and analyst notes can reinforce short?term bearish momentum. Chipotle Stock Is Sliding Friday

About Chipotle Mexican Grill

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.