Chipotle Mexican Grill (NYSE:CMG) Earns “Buy” Rating from BTIG Research

Chipotle Mexican Grill (NYSE:CMGGet Free Report)‘s stock had its “buy” rating reaffirmed by analysts at BTIG Research in a report issued on Thursday,Benzinga reports. They presently have a $45.00 price target on the restaurant operator’s stock. BTIG Research’s target price would indicate a potential upside of 36.50% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Mizuho upgraded shares of Chipotle Mexican Grill from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $37.00 to $40.00 in a report on Friday, March 20th. Sanford C. Bernstein increased their price target on shares of Chipotle Mexican Grill from $40.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. UBS Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a report on Monday, January 26th. BNP Paribas Exane started coverage on shares of Chipotle Mexican Grill in a report on Monday, March 30th. They issued a “neutral” rating and a $37.00 price target on the stock. Finally, Morgan Stanley cut their price target on shares of Chipotle Mexican Grill from $50.00 to $49.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Twenty-three equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.23.

Check Out Our Latest Research Report on Chipotle Mexican Grill

Chipotle Mexican Grill Stock Down 3.0%

CMG opened at $32.97 on Thursday. Chipotle Mexican Grill has a 52-week low of $29.75 and a 52-week high of $58.42. The company has a market cap of $42.38 billion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 2.08 and a beta of 1.03. The firm’s 50-day moving average price is $34.37 and its 200-day moving average price is $35.98.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. On average, research analysts anticipate that Chipotle Mexican Grill will post 1.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Chipotle Mexican Grill

Hedge funds have recently bought and sold shares of the stock. Financial Life Planners purchased a new stake in Chipotle Mexican Grill in the 3rd quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new stake in Chipotle Mexican Grill in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new stake in Chipotle Mexican Grill in the 3rd quarter worth approximately $26,000. MV Capital Management Inc. purchased a new stake in Chipotle Mexican Grill in the 4th quarter worth approximately $26,000. Finally, Osbon Capital Management LLC purchased a new stake in Chipotle Mexican Grill in the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Key Chipotle Mexican Grill News

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

  • Positive Sentiment: Q1 sales beat and early recovery signs — Chipotle reported Q1 revenue slightly above expectations with same-store sales turning positive (+0.5%) and management highlighting strength from high?protein menu items and digital sales; that upside after a weak 2025 helped lift sentiment after the print. Chipotle reports surprise sales beat
  • Positive Sentiment: Buy-side support from some firms — Several firms reaffirmed buys or raised targets (Citigroup raised its target to $46; TD Cowen issued a Buy), providing upside scenarios for investors focused on a rebound in comps and new-unit growth.
  • Neutral Sentiment: Mixed analyst reactions — The sell?side is split: some firms raised targets or reiterated buys while others trimmed targets after Q1, creating divergent price-case narratives that could limit a clear directional trade. Read more on the mixed post?earnings reaction. Chipotle Gets Mixed Calls After Q1
  • Negative Sentiment: Price?target cuts and margin worries — Guggenheim trimmed its target to $35 and cut EPS estimates citing margin pressure; analysts flagged higher labor and operating costs that compress profits even as sales recover. Guggenheim Cuts Chipotle Price Target
  • Negative Sentiment: Put activity spike — Unusual options flow: ~61,900 put contracts traded (?39% above typical daily put volume), signalling elevated hedging or directional bearish bets that can amplify intraday downside.
  • Negative Sentiment: Sector/headline drag and reset commentary — Analysts and market writeups point to a choppy restaurant tape and tougher consumer backdrop; Morgan Stanley and other outlets are questioning how much growth remains, contributing to selling pressure. Morgan Stanley resets Chipotle stock forecast
  • Negative Sentiment: News pieces highlighting a slide today — Coverage noting the stock is sliding amid the mixed tape and analyst notes can reinforce short?term bearish momentum. Chipotle Stock Is Sliding Friday

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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