Chipotle Mexican Grill (NYSE:CMG) Price Target Raised to $47.00

Chipotle Mexican Grill (NYSE:CMGFree Report) had its target price hoisted by Piper Sandler from $44.00 to $47.00 in a report issued on Friday morning,Benzinga reports. Piper Sandler currently has an overweight rating on the restaurant operator’s stock.

Other analysts also recently issued research reports about the stock. Northcoast Research downgraded shares of Chipotle Mexican Grill from a “buy” rating to a “neutral” rating in a report on Friday, October 31st. Evercore ISI restated an “outperform” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Friday, December 19th. Truist Financial lifted their price objective on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Barclays increased their target price on Chipotle Mexican Grill from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Finally, Stephens decreased their price target on Chipotle Mexican Grill from $48.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.23.

Get Our Latest Stock Analysis on CMG

Chipotle Mexican Grill Stock Up 0.8%

CMG opened at $40.87 on Friday. Chipotle Mexican Grill has a 52 week low of $29.75 and a 52 week high of $59.57. The business has a 50 day moving average price of $36.38 and a two-hundred day moving average price of $39.73. The company has a market cap of $54.03 billion, a PE ratio of 36.16, a P/E/G ratio of 3.85 and a beta of 0.97.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last released its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. As a group, sell-side analysts expect that Chipotle Mexican Grill will post 1.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Chipotle Mexican Grill

A number of large investors have recently added to or reduced their stakes in CMG. Operose Advisors LLC purchased a new stake in shares of Chipotle Mexican Grill in the second quarter valued at about $25,000. Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new stake in Chipotle Mexican Grill in the 3rd quarter valued at approximately $25,000. Salomon & Ludwin LLC purchased a new stake in Chipotle Mexican Grill in the 3rd quarter valued at approximately $26,000. Finally, Signature Resources Capital Management LLC acquired a new stake in Chipotle Mexican Grill during the 2nd quarter valued at $28,000. 91.30% of the stock is owned by institutional investors and hedge funds.

Key Chipotle Mexican Grill News

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

  • Positive Sentiment: Piper Sandler raised its price target to $47 and maintains an “overweight” rating, signaling near-term upside from current levels. Piper Sandler price target raise via Benzinga
  • Positive Sentiment: Wells Fargo lifted its price target to $50 with an “overweight” call, the most bullish target cited and a potential catalyst for additional buying. Wells Fargo price target raise via Benzinga
  • Positive Sentiment: Raymond James published a forecast pointing to strong price appreciation for CMG, reinforcing the analyst-side optimism on growth and margin durability. Raymond James forecast (American Banking News)
  • Positive Sentiment: Industry pieces (Zacks, Yahoo) highlight Chipotle’s digital sales, menu innovation and expansion as drivers renewing investor confidence—supporting a bullish narrative on execution and long-term growth. 3 Restaurant Stocks Showing Growth Potential (Zacks)
  • Positive Sentiment: Long-term performance stories (e.g., Benzinga piece on a 15-year $100 investment) reinforce investor sentiment that Chipotle has been a durable growth compounder. If You Invested $100 In Chipotle 15 Years Ago (Benzinga)
  • Neutral Sentiment: Zacks flagged CMG as a trending stock with a roundup of facts investors should know—useful context but not an immediate price catalyst. Trending Stock: Facts to Know (Zacks)
  • Neutral Sentiment: Chipotle filed to form a PAC, signaling a change in political engagement; this may affect governance perceptions but has unclear near-term financial impact. Chipotle forms PAC (Business Insider)
  • Neutral Sentiment: Leadership moves — a search for a new CMO and related reshuffling — raise execution-watch flags for expansion and marketing strategy, but outcomes are uncertain. Leadership shuffle and CMO search (Yahoo Finance)
  • Negative Sentiment: BWG Global downgraded CMG, introducing a concrete bearish analyst catalyst that could pressure shares if other firms follow suit or if downgrade cites execution or margin risks. BWG Global downgrades Chipotle (MSN)

About Chipotle Mexican Grill

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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.

Further Reading

Analyst Recommendations for Chipotle Mexican Grill (NYSE:CMG)

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