Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Has Consensus Price Target of $43.56 According to Brokerages

Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) have been assigned an average recommendation of “Moderate Buy” from the thirty-seven ratings firms that are covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $42.44.

A number of equities research analysts have commented on CMG shares. Evercore reaffirmed an “outperform” rating and issued a $47.00 target price (up from $45.00) on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft lowered their price target on Chipotle Mexican Grill from $51.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, October 21st. BTIG Research restated a “buy” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Thursday. Argus lifted their price objective on Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. lowered their target price on Chipotle Mexican Grill from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Thursday.

Insider Activity at Chipotle Mexican Grill

In other news, insider Matthew R. Bush sold 2,675 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the completion of the sale, the insider owned 21,415 shares of the company’s stock, valued at $765,586.25. This represents a 11.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.45% of the stock is owned by insiders.

Institutional Trading of Chipotle Mexican Grill

Several large investors have recently added to or reduced their stakes in CMG. Citizens Financial Group Inc. RI grew its position in shares of Chipotle Mexican Grill by 2.5% during the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator’s stock valued at $407,000 after acquiring an additional 311 shares during the period. ANB Bank raised its holdings in Chipotle Mexican Grill by 5.8% in the 1st quarter. ANB Bank now owns 6,317 shares of the restaurant operator’s stock worth $202,000 after purchasing an additional 349 shares during the period. State of Wyoming raised its holdings in Chipotle Mexican Grill by 10.9% in the 1st quarter. State of Wyoming now owns 3,759 shares of the restaurant operator’s stock worth $120,000 after purchasing an additional 368 shares during the period. Valmark Advisers Inc. raised its holdings in Chipotle Mexican Grill by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 13,275 shares of the restaurant operator’s stock worth $425,000 after purchasing an additional 377 shares during the period. Finally, GM Advisory Group LLC lifted its position in Chipotle Mexican Grill by 7.2% during the first quarter. GM Advisory Group LLC now owns 6,434 shares of the restaurant operator’s stock valued at $206,000 after purchasing an additional 434 shares in the last quarter. 91.30% of the stock is currently owned by institutional investors.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: Comparable-sales recovery: Third-quarter comparable restaurant sales rose 2.1%, marking the third consecutive quarter of positive transaction growth. Value offers, limited-time menu items, loyalty initiatives and digital engagement helped bring customers back. Chipotle beats quarterly sales expectations on resilient demand
• Positive Sentiment: Revenue beat expectations: Third-quarter revenue rose 9.6% year over year to $3.29 billion, in line with or slightly above analysts’ expectations, supported by new restaurant openings and higher sales at existing locations. Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb
• Positive Sentiment: Growth initiatives remain intact: Chipotle opened 84 company-owned restaurants in the quarter, had more than 24 million active loyalty members and plans to open as many as 385 locations in 2027. A brisket launch, additional Chipotlanes and technology investments could support future traffic. Chipotle: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst support: DA Davidson and BTIG reaffirmed “buy” ratings with $45 price targets, while Oppenheimer maintained an “outperform” rating and a $51 target. These targets imply substantial upside if the traffic recovery continues.
• Neutral Sentiment: Pricing is offsetting inflation: Chipotle plans approximately 3% menu-price increases in the fourth quarter to offset higher beef, freight and labor expenses. Pricing supports revenue but could test customer demand. Chipotle stock soars after chain reveals menu price increases
• Negative Sentiment: Profitability remains pressured: Adjusted earnings of $0.27 per share fell short of the $0.29 consensus and declined from the prior year, reflecting elevated operating costs and margin pressure. Chipotle earnings miss estimates, but same-store sales increase
• Negative Sentiment: Several target reductions: JPMorgan, KeyBanc, Citigroup, BNP Paribas Exane and Bernstein lowered their price targets, signaling caution about margins and the pace of the recovery, even though most revised targets remain above the current market level.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $31.33 on Tuesday. Chipotle Mexican Grill has a fifty-two week low of $27.31 and a fifty-two week high of $41.42. The business has a 50-day simple moving average of $33.13 and a two-hundred day simple moving average of $34.17. The firm has a market cap of $39.65 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.02). The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Chipotle Mexican Grill had a net margin of 10.83% and a return on equity of 56.91%. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 earnings per share. As a group, research analysts predict that Chipotle Mexican Grill will post 1.14 earnings per share for the current year.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.