Zacks Research Analysts Reduce Earnings Estimates for CMG

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Equities research analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for Chipotle Mexican Grill in a research note issued on Wednesday, December 3rd. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings of $0.34 per share for the quarter, down from their previous estimate of $0.35. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.29 per share. Zacks Research also issued estimates for Chipotle Mexican Grill’s Q3 2026 earnings at $0.31 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.23 EPS, Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.36 EPS and FY2027 earnings at $1.42 EPS.

A number of other research analysts have also weighed in on CMG. Barclays cut their price target on shares of Chipotle Mexican Grill from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 30th. JPMorgan Chase & Co. dropped their price objective on shares of Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Rothschild & Co Redburn raised shares of Chipotle Mexican Grill from a “neutral” rating to a “buy” rating and set a $55.00 target price for the company in a research note on Wednesday, September 3rd. UBS Group set a $45.00 target price on Chipotle Mexican Grill in a report on Friday, October 31st. Finally, Piper Sandler upgraded Chipotle Mexican Grill from a “neutral” rating to an “overweight” rating and cut their price target for the company from $53.00 to $50.00 in a report on Tuesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $49.81.

Chipotle Mexican Grill Stock Performance

NYSE CMG opened at $33.59 on Monday. The stock has a market cap of $44.41 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 3.47 and a beta of 0.99. The business has a 50 day simple moving average of $36.06 and a 200 day simple moving average of $43.30. Chipotle Mexican Grill has a 52-week low of $29.75 and a 52-week high of $66.74.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting 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 company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter last year, the firm posted $0.27 earnings per share. Chipotle Mexican Grill’s revenue was up 7.5% compared to the same quarter last year.

Institutional Trading of Chipotle Mexican Grill

Hedge funds and other institutional investors have recently modified their holdings of the stock. Swiss Life Asset Management Ltd raised its holdings in Chipotle Mexican Grill by 9.4% during the third quarter. Swiss Life Asset Management Ltd now owns 280,593 shares of the restaurant operator’s stock worth $10,996,000 after acquiring an additional 24,050 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $66,000. Maple Capital Management Inc. raised its stake in shares of Chipotle Mexican Grill by 2.9% during the 3rd quarter. Maple Capital Management Inc. now owns 365,616 shares of the restaurant operator’s stock worth $14,328,000 after purchasing an additional 10,280 shares in the last quarter. Blue Fin Capital Inc. raised its stake in shares of Chipotle Mexican Grill by 2.8% during the 3rd quarter. Blue Fin Capital Inc. now owns 16,311 shares of the restaurant operator’s stock worth $639,000 after purchasing an additional 449 shares in the last quarter. Finally, Old North State Trust LLC boosted its holdings in shares of Chipotle Mexican Grill by 2.0% in the 3rd quarter. Old North State Trust LLC now owns 27,973 shares of the restaurant operator’s stock valued at $1,096,000 after buying an additional 551 shares during the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.