What is Zacks Research’s Estimate for CMG FY2026 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Stock analysts at Zacks Research cut their FY2026 EPS estimates for shares of Chipotle Mexican Grill in a research note issued to investors on Wednesday, November 11th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings per share of $1.09 for the year, down from their prior forecast of $1.15. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.10 per share. Zacks Research also issued estimates for Chipotle Mexican Grill’s Q4 2026 earnings at $0.25 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.35 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.34 EPS, Q1 2028 earnings at $0.35 EPS, Q2 2028 earnings at $0.41 EPS and FY2028 earnings at $1.51 EPS.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.02). Chipotle Mexican Grill had a net margin of 10.83% and a return on equity of 57.05%. The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the previous year, the firm earned $0.29 earnings per share. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis.

Other equities research analysts also recently issued research reports about the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $40.00 target price (down from $45.00) on shares of Chipotle Mexican Grill in a research report on Thursday, October 29th. Stephens reissued an “equal weight” rating and set a $38.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, October 29th. KeyCorp restated an “overweight” rating and issued a $40.00 price target (down from $42.00) on shares of Chipotle Mexican Grill in a research note on Thursday, October 29th. Telsey Advisory Group set a $40.00 price target on Chipotle Mexican Grill in a research note on Thursday, October 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Wednesday, November 4th. Twenty-seven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $42.36.

Chipotle Mexican Grill Stock Down 3.8%

Shares of Chipotle Mexican Grill stock opened at $35.26 on Friday. The company has a market cap of $44.60 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 2.41 and a beta of 1.00. The company’s 50 day moving average is $32.58 and its 200 day moving average is $33.89. Chipotle Mexican Grill has a twelve month low of $27.31 and a twelve month high of $41.42.

Institutional Investors Weigh In On Chipotle Mexican Grill

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Chipotle Mexican Grill during the second quarter valued at about $4,417,475,000. Bank of America Corp DE bought a new position in shares of Chipotle Mexican Grill in the second quarter worth about $383,483,000. Legal & General Group Plc bought a new position in shares of Chipotle Mexican Grill in the second quarter worth about $265,887,000. Man Group plc bought a new position in shares of Chipotle Mexican Grill in the second quarter worth about $240,389,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $222,809,000. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the transaction, the insider directly owned 21,415 shares in the company, valued at approximately $765,586.25. This trade represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.45% of the company’s stock.

Key Chipotle Mexican Grill News

Here’s some of the latest news about CMG:

• Positive Sentiment: Zacks Research raised several longer-term estimates, including FY2027 EPS to $1.34 from $1.32 and FY2028 EPS to $1.51 from $1.50. These small upgrades suggest some improved confidence in future earnings. Chipotle analyst estimates
• Neutral Sentiment: A recent article compared Chipotle with Coca-Cola as investment options after the Nvidia sell-off, highlighting Chipotle’s company-owned restaurant model and digital sales. The summary provided did not report a new company-specific development or a clear change in outlook. Chipotle Mexican Grill vs. Coca-Cola
• Negative Sentiment: Zacks Research cut its FY2026 EPS estimate to $1.09 from $1.15 and its Q4 2026 estimate to $0.25 from $0.29. The near-term downgrades could weigh on sentiment, particularly as the annual estimate is slightly below the cited $1.10 consensus. Chipotle analyst estimates

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill is a fast-casual restaurant company that serves Mexican-inspired food, including burritos, bowls, tacos and salads. Customers can customize meals with ingredients such as rice, beans, meats, vegetables, salsas and guacamole. Founded by Steve Ells in Denver, Colorado, in 1993, Chipotle built its business around preparing food in restaurant kitchens and emphasizing ingredients it describes as responsibly sourced. The company primarily operates its own restaurants, rather than relying on a franchise model.