Zacks Research Issues Pessimistic Outlook for CMG Earnings

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Equities research analysts at Zacks Research lowered their Q2 2026 EPS estimates for Chipotle Mexican Grill in a report issued on Wednesday, May 13th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings of $0.32 per share for the quarter, down from their previous forecast of $0.33. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.13 per share. Zacks Research also issued estimates for Chipotle Mexican Grill’s FY2026 earnings at $1.14 EPS, Q1 2027 earnings at $0.31 EPS and FY2027 earnings at $1.37 EPS.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the firm earned $0.29 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year.

A number of other research firms have also weighed in on CMG. Royal Bank Of Canada reissued an “outperform” rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. BTIG Research reiterated a “buy” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, April 30th. KeyCorp dropped their price target on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Telsey Advisory Group decreased their price objective on shares of Chipotle Mexican Grill from $50.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of Chipotle Mexican Grill in a research note on Monday, March 9th. Twenty-four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.03.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $32.11 on Friday. The business has a 50-day moving average of $33.62 and a 200 day moving average of $35.38. Chipotle Mexican Grill has a 1-year low of $29.75 and a 1-year high of $58.42. The stock has a market capitalization of $41.19 billion, a PE ratio of 29.46, a P/E/G ratio of 2.07 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Life Planners bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter worth $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Chipotle Mexican Grill during the third quarter valued at $25,000. MV Capital Management Inc. purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $26,000. Osbon Capital Management LLC bought a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the 1st quarter worth $28,000. Institutional investors own 91.30% of the company’s stock.

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.