Chipotle Mexican Grill (CMG) Stock Forecast & Price Target

$58.34 +0.51 (+0.87%)

Closing price 01/29/2025 03:59 PM Eastern

Extended Trading

$58.35 +0.01 (+0.02%)

As of 01/29/2025 07:59 PM Eastern

Chipotle Mexican Grill - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 27 Analyst Ratings

Sell
0

Hold
9

Buy
18

Based on 27 Wall Street analysts who have issued ratings for Chipotle Mexican Grill in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 27 analysts, 9 have given a hold rating, and 18 have given a buy rating for CMG.

Consensus Price Target

$66.88
14.65% Upside

According to the 27 analysts' twelve-month price targets for Chipotle Mexican Grill, the average price target is $66.88. The highest price target for CMG is $77.76, while the lowest price target for CMG is $55.00. The average price target represents a forecasted upside of 14.65% from the current price of $58.34.

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CMG Analyst Ratings Over Time

Type	Current Forecast 1/31/24 to 1/30/25	1 Month Ago 1/1/24 to 12/31/24	3 Months Ago 11/2/23 to 11/1/24	1 Year Ago 1/31/23 to 1/31/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	18 Buy rating(s)	18 Buy rating(s)	18 Buy rating(s)	18 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$66.88	$66.55	$64.47	$45.96
Forecasted Upside	14.65% Upside	10.36% Upside	10.04% Upside	-4.61% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

CMG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CMG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Chipotle Mexican Grill Stock vs. The Competition

Type	Chipotle Mexican Grill	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.67	2.51	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.65% Upside	23.90% Upside	12.29% Upside
News Sentiment Rating	Positive News See Recent CMG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/28/2025	Raymond James 4 of 5 stars	Brian Vaccaro Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$72.00 ➝ $69.00	+19.80%
1/28/2025	Royal Bank of Canada 4 of 5 stars	L. Reich Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$75.00 ➝ $75.00	+30.56%
1/28/2025	Sanford C. Bernstein 3 of 5 stars	Danilo Gargiulo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$70.00 ➝ $70.00	+20.08%
1/27/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jon Tower Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$70.00 ➝ $69.00	+22.09%
1/22/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Setyan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$69.00 ➝ $69.00	+22.79%
1/7/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$60.00 ➝ $63.00	+8.06%
1/7/2025	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$65.00 ➝ $69.00	+17.43%
12/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$56.00 ➝ $62.00	-4.16%
12/12/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$67.00 ➝ $75.00	+13.67%
12/5/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$70.00 ➝ $72.00	+11.44%
Get the Latest News and Ratings for CMG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Chipotle Mexican Grill and its competitors with MarketBeat's FREE daily newsletter.
12/4/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$72.00 ➝ $74.00	+21.49%
11/12/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Salera Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Equal Weight	$65.00 ➝ $65.00	+9.67%
10/30/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$65.00 ➝ $68.00	+21.54%
10/30/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$53.00 ➝ $58.00	+3.33%
10/30/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$59.00 ➝ $60.00	+7.05%
10/30/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$55.00 ➝ $56.00	-0.43%
10/30/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$62.00 ➝ $70.00	+15.74%
8/14/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$67.00 ➝ $67.00	+29.64%
8/14/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$70.00 ➝ $70.00	+35.45%
7/25/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$68.00 ➝ $66.00	+29.62%
7/25/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Cho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$74.60 ➝ $67.00	+33.12%
7/24/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$54.50 ➝ $55.00	+4.66%
6/18/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$73.36 ➝ $77.76	+14.68%
6/3/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$55.00 ➝ $60.00	-2.76%
4/25/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$65.00 ➝ $67.00	+8.14%
4/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$59.72 ➝ $62.00	+0.07%
4/25/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$68.00 ➝ $70.00	+15.72%
7/21/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$44.00 ➝ $51.40	+22.72%
4/26/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$41.00 ➝ $44.00	+23.60%
2/8/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$39.00 ➝ $41.00	+18.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:13 AM ET.

Should I Buy Chipotle Mexican Grill Stock? CMG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, January 23, 2025. Please send any questions or comments about these Chipotle Mexican Grill pros and cons to contact@marketbeat.com.

Chipotle Mexican Grill
Bull Case

Here are some ways that investors could benefit from investing in Chipotle Mexican Grill, Inc.:

Chipotle Mexican Grill, Inc. has shown strong financial performance, reporting a revenue of $2.79 billion for the latest quarter, which reflects a 13.0% increase year-over-year. This growth indicates a robust demand for its offerings and effective business strategies.
The company recently reported earnings per share (EPS) of $0.27, surpassing analysts' expectations of $0.25. This positive earnings surprise can enhance investor confidence and potentially lead to stock price appreciation.
Chipotle Mexican Grill, Inc. has a high return on equity (ROE) of 43.20%, which suggests that the company is efficient in generating profits from its equity. A high ROE is often attractive to investors as it indicates strong financial health.
The current stock price is $57.58, which is relatively close to its 52-week high of $69.26. This proximity to the high may suggest that the stock has room for growth, making it an appealing investment opportunity.
Analysts have a consensus rating of "Moderate Buy" for Chipotle Mexican Grill, Inc., with an average target price of $66.81. This positive outlook from analysts can be a strong indicator of potential future performance.

Chipotle Mexican Grill
Bear Case

Investors should be bearish about investing in Chipotle Mexican Grill, Inc. for these reasons:

The stock has a high price-to-earnings (P/E) ratio of 53.69, which may indicate that it is overvalued compared to its earnings. A high P/E ratio can deter value-focused investors who prefer stocks with lower valuations.
Despite the positive revenue growth, the company reported revenue that fell short of analyst estimates by $0.03 billion. This slight miss could raise concerns about the company's ability to meet future expectations.
Chipotle Mexican Grill, Inc. has a beta of 1.27, suggesting that its stock is more volatile than the market. Higher volatility can lead to greater risk for investors, especially in uncertain market conditions.
Insider ownership is relatively low at 1.02%, which may indicate a lack of confidence from those who know the company best. Low insider ownership can sometimes be a red flag for potential investors.
With a P/E/G ratio of 1.89, which is above 1, it suggests that the stock may not be growing fast enough to justify its current valuation. This could be a concern for growth-oriented investors looking for strong growth prospects.

CMG Forecast - Frequently Asked Questions

: According to the research reports of 27 Wall Street equities research analysts, the average twelve-month stock price forecast for Chipotle Mexican Grill is $66.88, with a high forecast of $77.76 and a low forecast of $55.00.
: 27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 9 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMG shares.
: According to analysts, Chipotle Mexican Grill's stock has a predicted upside of 14.65% based on their 12-month stock forecasts.
: Chipotle Mexican Grill has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Jefferies Financial Group, Oppenheimer, Raymond James, Royal Bank of Canada, Sanford C. Bernstein, Stephens, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Chipotle Mexican Grill more than other "retail/wholesale" companies. The consensus rating score for Chipotle Mexican Grill is 2.67 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how CMG compares to other companies.

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This page (NYSE:CMG) was last updated on 1/30/2025 by MarketBeat.com Staff

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Chipotle Mexican Grill (CMG) Stock Forecast & Price Target