Chipotle Mexican Grill (NYSE:CMG) Price Target Raised to $49.00 at Citigroup

Chipotle Mexican Grill (NYSE:CMG) had its target price upped by research analysts at Citigroup from $48.00 to $49.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the restaurant operator’s stock. Citigroup’s price target suggests a potential upside of 24.75% from the company’s previous close.

Several other research firms have also recently commented on CMG. Sanford C. Bernstein raised their target price on shares of Chipotle Mexican Grill from $40.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Zacks Research upgraded Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. cut their price objective on Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Stephens restated an “equal weight” rating and issued a $35.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday. Finally, Morgan Stanley reduced their price target on Chipotle Mexican Grill from $50.00 to $49.00 and set an “overweight” rating on the stock in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $48.84.

Chipotle Mexican Grill Trading Up 0.3%

CMG stock traded up $0.11 during trading on Wednesday, hitting $39.28. 23,621,444 shares of the company’s stock were exchanged, compared to its average volume of 17,649,018. The business has a 50-day moving average price of $37.49 and a two-hundred day moving average price of $38.97. Chipotle Mexican Grill has a 52-week low of $29.75 and a 52-week high of $59.09. The stock has a market capitalization of $51.94 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 3.47 and a beta of 0.99.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The firm had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the business posted $0.25 EPS. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, equities research analysts anticipate that Chipotle Mexican Grill will post 1.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Chipotle Mexican Grill

Several institutional investors and hedge funds have recently made changes to their positions in the business. Operose Advisors LLC bought a new stake in Chipotle Mexican Grill in the second quarter valued at about $25,000. Lavaca Capital LLC acquired a new stake in Chipotle Mexican Grill in the second quarter worth $28,000. Activest Wealth Management lifted its stake in Chipotle Mexican Grill by 109.3% in the second quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 270 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Chipotle Mexican Grill during the second quarter valued at $34,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Chipotle Mexican Grill during the second quarter worth about $34,000. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Q4 results beat modestly — adjusted EPS $0.25 vs. $0.24 est. and revenue $2.98B vs. $2.96B; new-store openings and gift-card breakage supported year?over?year sales growth. Chipotle Q4 Earnings & Revenues Surpass Estimates, Stock Down
• Positive Sentiment: Management announced a “Recipe for Growth” (menu, tech, back?of?house efficiency, faster store openings) and marketing activations that could help restore transactions over time. CHIPOTLE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS
• Neutral Sentiment: Company framed 2026 targets as conservative — analysts say conservative guidance can set the stage for upside if execution outperforms. Chipotle Stock Could Benefit from the Company’s ‘Conservative’ 2026 Targets
• Negative Sentiment: Guidance and foot?traffic weakness: management expects comparable (same?store) sales roughly flat in 2026 and reported fourth straight quarter of declining transactions — the main driver of the after?hours selloff. Chipotle forecasts weak annual sales, margin pressure as consumers cut discretionary spending
• Negative Sentiment: Analysts cut price targets across the board (Wells Fargo, Piper Sandler, KeyCorp, Barclays, Stifel, etc.), signaling more muted near?term expectations despite many ratings remaining Buy/Overweight. Benzinga — analyst price target notes
• Negative Sentiment: Market reaction: shares fell sharply after hours on the weak outlook and traffic commentary before stabilizing the following session as investors digested the strategy and analyst notes. Chipotle stock sinks 11% as restaurant chain reports falling traffic, weak guidance

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.