Chipotle Mexican Grill’s (CMG) Outperform Rating Reiterated at Mizuho

Mizuho reaffirmed their outperform rating on shares of Chipotle Mexican Grill (NYSE:CMGFree Report) in a report released on Tuesday,Benzinga reports. They currently have a $43.00 price objective on the restaurant operator’s stock.

Other analysts also recently issued research reports about the company. DA Davidson lifted their target price on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Robert W. Baird reissued a “neutral” rating and set a $40.00 price target (down from $44.00) on shares of Chipotle Mexican Grill in a research report on Monday, August 24th. Weiss Ratings upgraded Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. BTIG Research reaffirmed a “buy” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Finally, Citigroup dropped their price objective on Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Twenty-three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $43.84.

Read Our Latest Stock Report on Chipotle Mexican Grill

Chipotle Mexican Grill Trading Down 2.5%

Shares of CMG stock opened at $37.57 on Tuesday. Chipotle Mexican Grill has a 1 year low of $28.03 and a 1 year high of $42.81. The firm’s fifty day moving average price is $34.84 and its two-hundred day moving average price is $33.93. The firm has a market capitalization of $47.54 billion, a P/E ratio of 34.47, a PEG ratio of 2.36 and a beta of 0.94.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same period in the previous year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, equities research analysts forecast that Chipotle Mexican Grill will post 1.15 EPS for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the transaction, the insider owned 21,415 shares in the company, valued at $765,586.25. This represents a 11.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.45% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Chipotle Mexican Grill

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Chipotle Mexican Grill in the 2nd quarter valued at $4,417,475,000. California State Teachers Retirement System lifted its position in shares of Chipotle Mexican Grill by 3,133.9% during the 2nd quarter. California State Teachers Retirement System now owns 66,453,578 shares of the restaurant operator’s stock valued at $2,259,422,000 after acquiring an additional 64,398,656 shares during the period. Norges Bank acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth $711,837,000. Capital World Investors grew its holdings in shares of Chipotle Mexican Grill by 15.8% during the 4th quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator’s stock worth $3,762,457,000 after purchasing an additional 13,843,222 shares in the last quarter. Finally, Bank of America Corp DE bought a new position in shares of Chipotle Mexican Grill in the second quarter worth $383,483,000. 91.30% of the stock is currently owned by institutional investors.

Key Headlines Impacting Chipotle Mexican Grill

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

  • Positive Sentiment: International expansion creates a new growth opportunity. Chipotle opened its first Asian restaurant in Seoul, South Korea, through a joint venture with Sangmidang Holdings. The partners plan to open two additional South Korean locations by the end of 2026, with the country intended to serve as a model for broader expansion across Asia. Chipotle Arrives in Asia With First Restaurant in Seoul
  • Positive Sentiment: Mizuho maintained an “Outperform” rating. The reaffirmed bullish rating provides continued Wall Street support, although the report does not indicate a new price-target change. Mizuho Reaffirms Outperform Rating for Chipotle
  • Neutral Sentiment: Value investors are comparing CMG with Yum China Holdings (YUMC). The comparison reflects investor debate over which restaurant stock offers the better combination of valuation and growth; it does not represent a new company-specific catalyst. YUMC or CMG: Which Is the Better Value Stock Right Now?
  • Negative Sentiment: CMG declined even as the broader market advanced. That relative weakness suggests investors may be taking profits or reassessing Chipotle’s valuation and near-term upside. The latest reports do not identify a fresh earnings warning or operational setback as the cause.

About Chipotle Mexican Grill

(Get Free Report)

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.

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Analyst Recommendations for Chipotle Mexican Grill (NYSE:CMG)

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