Chipotle Mexican Grill, Inc. (NYSE:CMG) Receives $44.16 Average PT from Brokerages

Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) have received a consensus recommendation of “Moderate Buy” from the thirty-three analysts that are presently covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation and twenty-four have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $44.1607.

CMG has been the topic of several research reports. Piper Sandler decreased their price objective on shares of Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. DA Davidson raised their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Evercore reaffirmed an “outperform” rating and set a $47.00 target price on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Morgan Stanley upped their price target on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Finally, TD Cowen reissued a “buy” rating and issued a $44.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, July 30th.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Improving domestic momentum: Chipotle’s second-quarter revenue increased 9.3% to approximately $3.3 billion, while comparable restaurant sales rose 2.2%, supported by a 1.0% increase in transactions. Management also raised its full-year comparable-sales outlook to low-single-digit growth, encouraging investors that demand may be recovering. Chipotle Eyes Low-Single-Digit 2026 Comps: Is the Worst Over?
• Positive Sentiment: Continued restaurant expansion: The company opened 100 company-owned locations in the quarter, most featuring a Chipotlane. Chipotle also announced plans to open its first Saudi Arabian restaurant in Riyadh later this month with franchise partner Alshaya Group, extending its international growth strategy while limiting the capital required for expansion. Chipotle Debuts in Saudi Arabia With First Restaurant in Riyadh
• Neutral Sentiment: Mixed institutional and analyst signals: Recent filings show substantial buying by JPMorgan and BlackRock but sizable reductions by Capital World Investors and other institutions. Analysts’ median price target is $40, above the current trading level, although Zacks maintains a “Hold” rating. One Zacks update modestly raised its FY2026 EPS estimate to $1.15, while other updates lowered FY2027 and FY2028 estimates.
• Negative Sentiment: Risks remain: Softer near-term trends could challenge the recovery, particularly as consumers remain under pressure and investors rotate toward established restaurant chains. Earlier August salmonella-related jalapeño removals also created brand and traffic concerns, even though the absence of a new escalation may be helping sentiment. Chipotle Opens First Location in the Kingdom of Saudi Arabia

Hedge Funds Weigh In On Chipotle Mexican Grill

A number of large investors have recently made changes to their positions in CMG. BlackRock Inc. bought a new stake in Chipotle Mexican Grill in the 2nd quarter valued at $4,417,475,000. Norges Bank bought a new position in Chipotle Mexican Grill during the 4th quarter worth $711,837,000. Vanguard Group Inc. lifted its holdings in shares of Chipotle Mexican Grill by 14.8% during the fourth quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator’s stock worth $5,349,764,000 after buying an additional 18,660,882 shares in the last quarter. Capital World Investors lifted its holdings in shares of Chipotle Mexican Grill by 15.8% during the fourth quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator’s stock worth $3,762,457,000 after buying an additional 13,843,222 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its position in shares of Chipotle Mexican Grill by 206.4% in the fourth quarter. Clearbridge Investments LLC now owns 14,062,158 shares of the restaurant operator’s stock valued at $520,300,000 after acquiring an additional 9,473,120 shares during the period. Institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 2.7%

Shares of NYSE CMG opened at $33.49 on Thursday. The company has a market capitalization of $42.38 billion, a P/E ratio of 30.73, a P/E/G ratio of 2.13 and a beta of 0.94. Chipotle Mexican Grill has a 12 month low of $28.03 and a 12 month high of $44.27. The stock has a 50 day moving average of $33.39 and a 200-day moving average of $34.15.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter in the prior year, the business earned $0.33 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts predict that Chipotle Mexican Grill will post 1.14 EPS for the current fiscal year.

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.