Chipotle Mexican Grill (CMG) Stock Forecast, Price Target & Predictions
CMG Stock Forecast
Chipotle Mexican Grill stock forecast is as follows: an average price target of $55.49 (represents a -5.29% downside from CMG’s last price of $58.59) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.
CMG Price Target
CMG Analyst Ratings
Chipotle Mexican Grill Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 30, 2024 | Andrew Strelzik | BMO Capital | $56.00 | $57.06 | -1.87% | -4.42% |
Oct 30, 2024 | Alton Stump | Loop Capital Markets | $58.00 | $57.13 | 1.53% | -1.01% |
Oct 30, 2024 | Brian Mullan | Piper Sandler | $60.00 | $56.28 | 6.62% | 2.41% |
Oct 30, 2024 | David Tarantino | Robert W. Baird | $70.00 | $60.49 | 15.72% | 19.47% |
Oct 30, 2024 | Jeffrey Bernstein | Bernstein | $60.00 | $60.49 | -0.81% | 2.41% |
Oct 15, 2024 | Jake Bartlett | Truist Financial | $71.00 | $59.28 | 19.77% | 21.18% |
Oct 15, 2024 | David Palmer | Evercore ISI | $70.00 | $59.28 | 18.08% | 19.47% |
Oct 14, 2024 | Danilo Gargiulo | Bernstein | $70.00 | $58.65 | 19.35% | 19.47% |
Oct 11, 2024 | Brian Mullan | Piper Sandler | $59.00 | $58.33 | 1.15% | 0.70% |
Aug 14, 2024 | David Palmer | Evercore ISI | $59.00 | $51.68 | 14.16% | 0.70% |
Chipotle Mexican Grill Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 9 | 12 | 56 |
Avg Price Target | $63.78 | $64.25 | $63.52 |
Last Closing Price | $58.59 | $58.59 | $58.59 |
Upside/Downside | 8.86% | 9.66% | 8.41% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 30, 2024 | Cowen & Co. | Buy | Buy | Hold |
Oct 30, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Oct 30, 2024 | Loop Capital Markets | Hold | Hold | Hold |
Oct 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Oct 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Oct 14, 2024 | Bernstein | Outperform | Outperform | Hold |
Oct 11, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Oct 07, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
Oct 02, 2024 | Citigroup | Buy | Buy | Hold |
Sep 30, 2024 | Truist Financial | Underperform | Underperform | Hold |
Chipotle Mexican Grill Financial Forecast
Chipotle Mexican Grill Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.52B | - | $2.51B | $2.37B | $2.18B | $2.22B | $2.21B | $2.02B | $1.96B | $1.95B | $1.89B | $1.74B | $1.61B | $1.60B | $1.36B | $1.41B | $1.44B | $1.40B |
Avg Forecast | $3.64B | $3.58B | $3.79B | $3.45B | $3.23B | $3.18B | $3.36B | $3.06B | $2.85B | $2.82B | $2.94B | $2.68B | $2.49B | $2.47B | $2.53B | $2.34B | $2.23B | $2.23B | $2.25B | $2.01B | $1.96B | $1.94B | $1.88B | $1.75B | $1.61B | $1.59B | $1.33B | $1.42B | $1.40B | $1.38B |
High Forecast | $3.69B | $3.63B | $3.85B | $3.50B | $3.28B | $3.23B | $3.42B | $3.09B | $2.87B | $2.82B | $2.94B | $2.68B | $2.53B | $2.54B | $2.57B | $2.38B | $2.27B | $2.23B | $2.25B | $2.01B | $1.96B | $1.94B | $1.88B | $1.75B | $1.61B | $1.59B | $1.33B | $1.42B | $1.40B | $1.38B |
Low Forecast | $3.58B | $3.52B | $3.74B | $3.39B | $3.18B | $3.13B | $3.32B | $3.01B | $2.82B | $2.81B | $2.94B | $2.68B | $2.46B | $2.45B | $2.50B | $2.31B | $2.20B | $2.23B | $2.25B | $2.01B | $1.96B | $1.94B | $1.88B | $1.75B | $1.61B | $1.59B | $1.33B | $1.42B | $1.40B | $1.38B |
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 6 | 6 | 13 | 25 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 13 | 13 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 0.99% | 1.01% | 0.98% | 0.99% | 0.99% | 1.01% | 1.00% | 1.01% | 1.00% | 1.00% | 1.00% | 1.01% | 1.02% | 0.99% | 1.03% | 1.02% |
Chipotle Mexican Grill EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 6 | 6 | 13 | 25 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 13 | 13 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $267.31M | - | $543.06M | $460.91M | $381.91M | $420.39M | $416.69M | $270.51M | $233.82M | $197.39M | $364.67M | $273.83M | $226.17M | $215.19M | $100.89M | $175.20M | $202.47M | $212.42M |
Avg Forecast | $587.57M | $578.07M | $612.80M | $556.77M | $521.39M | $513.70M | $543.78M | $494.48M | $460.54M | $455.24M | $475.14M | $313.00M | $402.32M | $399.55M | $409.24M | $284.55M | $237.34M | $361.07M | $362.80M | $258.68M | $316.72M | $313.89M | $304.37M | $247.51M | $259.69M | $257.21M | $215.69M | $164.96M | $226.77M | $223.19M |
High Forecast | $596.63M | $586.99M | $622.25M | $565.35M | $529.43M | $521.62M | $552.17M | $499.36M | $463.78M | $455.60M | $475.14M | $375.60M | $408.78M | $410.70M | $415.55M | $341.46M | $284.81M | $361.07M | $362.80M | $310.41M | $316.72M | $313.89M | $304.37M | $297.02M | $259.69M | $257.21M | $215.69M | $197.96M | $226.77M | $223.19M |
Low Forecast | $578.96M | $569.61M | $603.82M | $548.61M | $513.75M | $506.18M | $535.82M | $486.35M | $455.70M | $454.88M | $475.14M | $250.40M | $397.47M | $395.65M | $403.25M | $227.64M | $189.87M | $361.07M | $362.80M | $206.94M | $316.72M | $313.89M | $304.37M | $198.01M | $259.69M | $257.21M | $215.69M | $131.97M | $226.77M | $223.19M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | - | 1.33% | 1.62% | 1.61% | 1.16% | 1.15% | 1.05% | 0.74% | 0.63% | 1.20% | 1.11% | 0.87% | 0.84% | 0.47% | 1.06% | 0.89% | 0.95% |
Chipotle Mexican Grill Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 6 | 6 | 13 | 25 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 13 | 13 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $282.09M | - | $341.79M | $291.64M | $223.73M | $257.14M | $259.94M | $158.29M | $133.47M | $204.43M | $187.97M | $127.10M | $190.96M | $80.24M | $8.18M | $76.39M | $72.42M | $98.58M |
Avg Forecast | $495.93M | $516.19M | $626.92M | $502.93M | $419.02M | $431.25M | $527.12M | $424.42M | $334.58M | $343.57M | $438.03M | $189.50M | $266.82M | $290.12M | $338.51M | $172.27M | $135.48M | $253.94M | $249.50M | $156.61M | $145.18M | $174.96M | $180.55M | $114.88M | $103.13M | $95.76M | $9.76M | $71.93M | $76.26M | $88.75M |
High Forecast | $505.87M | $526.54M | $639.48M | $513.02M | $427.42M | $439.90M | $537.69M | $452.71M | $348.52M | $344.90M | $438.49M | $227.40M | $282.73M | $312.10M | $345.30M | $206.73M | $162.58M | $253.94M | $249.50M | $187.93M | $145.18M | $174.96M | $180.55M | $137.86M | $103.13M | $95.76M | $9.76M | $86.31M | $76.26M | $88.75M |
Low Forecast | $486.49M | $506.36M | $614.98M | $493.36M | $411.05M | $423.05M | $517.09M | $396.13M | $320.64M | $342.24M | $437.58M | $151.60M | $259.69M | $270.89M | $332.06M | $137.82M | $108.39M | $253.94M | $249.50M | $125.29M | $145.18M | $174.96M | $180.55M | $91.91M | $103.13M | $95.76M | $9.76M | $57.54M | $76.26M | $88.75M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | - | 1.01% | 1.69% | 1.65% | 1.01% | 1.04% | 1.01% | 0.92% | 1.17% | 1.04% | 1.11% | 1.85% | 0.84% | 0.84% | 1.06% | 0.95% | 1.11% |
Chipotle Mexican Grill SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 6 | 6 | 13 | 25 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 13 | 13 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $169.25M | - | $156.50M | $148.34M | $135.07M | $140.90M | $140.82M | $147.40M | $159.78M | $145.93M | $146.04M | $155.10M | $124.02M | $133.15M | $102.65M | $168.41M | $172.55M | $170.34M |
Avg Forecast | $268.10M | $263.76M | $279.61M | $254.04M | $237.90M | $234.39M | $248.12M | $225.62M | $210.14M | $207.72M | $216.80M | $176.46M | $183.57M | $182.31M | $186.73M | $160.42M | $162.18M | $164.75M | $165.54M | $145.83M | $144.51M | $143.22M | $138.88M | $140.20M | $118.49M | $117.36M | $98.42M | $158.57M | $103.47M | $101.84M |
High Forecast | $272.23M | $267.83M | $283.92M | $257.96M | $241.57M | $238.01M | $251.94M | $227.85M | $211.61M | $207.88M | $216.80M | $211.75M | $186.52M | $187.39M | $189.61M | $192.50M | $194.62M | $164.75M | $165.54M | $175.00M | $144.51M | $143.22M | $138.88M | $168.23M | $118.49M | $117.36M | $98.42M | $190.29M | $103.47M | $101.84M |
Low Forecast | $264.17M | $259.90M | $275.51M | $250.32M | $234.42M | $230.96M | $244.48M | $221.91M | $207.93M | $207.55M | $216.80M | $141.17M | $181.36M | $180.53M | $183.99M | $128.33M | $129.75M | $164.75M | $165.54M | $116.67M | $144.51M | $143.22M | $138.88M | $112.16M | $118.49M | $117.36M | $98.42M | $126.86M | $103.47M | $101.84M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 0.84% | 0.92% | 0.83% | 0.86% | 0.85% | 1.01% | 1.11% | 1.02% | 1.05% | 1.11% | 1.05% | 1.13% | 1.04% | 1.06% | 1.67% | 1.67% |
Chipotle Mexican Grill EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 6 | 6 | 13 | 25 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 13 | 13 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $10.28 | - | $12.38 | $10.56 | $8.08 | $9.26 | $9.32 | $5.64 | $4.74 | $7.26 | $6.68 | $4.52 | $6.82 | $2.87 | $0.29 | $2.75 | $2.61 | $3.55 |
Avg Forecast | $0.36 | $0.38 | $0.46 | $0.37 | $0.30 | $0.31 | $0.38 | $0.31 | $0.24 | $0.25 | $0.32 | $0.23 | $0.19 | $0.21 | $0.25 | $0.18 | $0.18 | $0.18 | $0.18 | $0.11 | $0.11 | $0.13 | $0.13 | $0.10 | $0.07 | $0.07 | $0.01 | $0.06 | $0.06 | $0.06 |
High Forecast | $0.37 | $0.38 | $0.47 | $0.37 | $0.31 | $0.32 | $0.39 | $0.33 | $0.25 | $0.25 | $0.32 | $0.24 | $0.21 | $0.23 | $0.25 | $0.18 | $0.18 | $0.18 | $0.18 | $0.11 | $0.11 | $0.13 | $0.13 | $0.10 | $0.07 | $0.07 | $0.01 | $0.06 | $0.06 | $0.06 |
Low Forecast | $0.35 | $0.37 | $0.45 | $0.36 | $0.30 | $0.31 | $0.38 | $0.29 | $0.23 | $0.25 | $0.32 | $0.23 | $0.19 | $0.20 | $0.24 | $0.18 | $0.17 | $0.18 | $0.18 | $0.11 | $0.11 | $0.13 | $0.13 | $0.10 | $0.07 | $0.07 | $0.01 | $0.06 | $0.06 | $0.06 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 52.96% | - | 50.27% | 58.97% | 45.35% | 50.38% | 51.61% | 50.02% | 45.10% | 57.33% | 51.11% | 45.94% | 91.36% | 41.40% | 41.03% | 48.48% | 47.28% | 55.26% |
Chipotle Mexican Grill Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PZZA | Papa John's | $55.26 | $81.70 | 47.85% | Buy |
BROS | Dutch Bros | $33.40 | $40.67 | 21.77% | Buy |
WEN | Wendy's Company | $19.66 | $22.96 | 16.79% | Buy |
WING | Wingstop | $296.94 | $346.44 | 16.67% | Buy |
DPZ | Domino's Pizza | $425.83 | $479.53 | 12.61% | Buy |
SBUX | Starbucks | $98.87 | $110.59 | 11.85% | Buy |
DRI | Darden Restaurants | $159.65 | $178.34 | 11.71% | Buy |
YUM | Yum! Brands | $132.34 | $144.68 | 9.32% | Buy |
MCD | McDonald's | $295.21 | $310.82 | 5.29% | Buy |
CMG | Chipotle Mexican Grill | $58.59 | $55.49 | -5.29% | Buy |
SHAK | Shake Shack | $124.10 | $109.19 | -12.01% | Hold |
CMG Forecast FAQ
Is Chipotle Mexican Grill a good buy?
Yes, according to 28 Wall Street analysts, Chipotle Mexican Grill (CMG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 60.71% of CMG's total ratings.
What is CMG's price target?
Chipotle Mexican Grill (CMG) average price target is $55.49 with a range of $32 to $74.6, implying a -5.29% from its last price of $58.59. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Chipotle Mexican Grill stock go up soon?
According to Wall Street analysts' prediction for CMG stock, the company can go down by -5.29% (from the last price of $58.59 to the average price target of $55.49), up by 27.33% based on the highest stock price target, and down by -45.38% based on the lowest stock price target.
Can Chipotle Mexican Grill stock reach $90?
CMG's average twelve months analyst stock price target of $55.49 does not support the claim that Chipotle Mexican Grill can reach $90 in the near future.
What is Chipotle Mexican Grill's current price target trend?
9 Wall Street analysts forecast a $63.78 price target for Chipotle Mexican Grill (CMG) this month, up 8.86% from its last price of $58.59. Compared to the last 3 and 12 months, the average price target increased by 9.66% and increased by 8.41%, respectively.
What are Chipotle Mexican Grill's analysts' financial forecasts?
Chipotle Mexican Grill's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.83B (high $13.01B, low $12.64B), average EBITDA is $2.07B (high $2.1B, low $2.04B), average net income is $1.8B (high $1.86B, low $1.75B), average SG&A $946.03M (high $959.37M, low $931.77M), and average EPS is $1.31 (high $1.35, low $1.27). CMG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $14.45B (high $14.67B, low $14.24B), average EBITDA is $2.34B (high $2.37B, low $2.3B), average net income is $2.14B (high $2.18B, low $2.1B), average SG&A $1.07B (high $1.08B, low $1.05B), and average EPS is $1.56 (high $1.59, low $1.53).
Did the CMG's actual financial results beat the analysts' financial forecasts?
Based on Chipotle Mexican Grill's last annual report (Dec 2023), the company's revenue was $9.87B, beating the average analysts forecast of $9.83B by 0.38%. Apple's EBITDA was $1.16B, missing the average prediction of $1.5B by -22.69%. The company's net income was $1.23B, beating the average estimation of $1.07B by 15.08%. Apple's SG&A was $633.58M, missing the average forecast of $713.02M by -11.14%. Lastly, the company's EPS was $44.59, beating the average prediction of $0.831 by 5269.05%. In terms of the last quarterly report (Dec 2023), Chipotle Mexican Grill's revenue was $2.52B, beating the average analysts' forecast of $2.49B by 1.07%. The company's EBITDA was $267.31M, missing the average prediction of $402.32M by -33.56%. Chipotle Mexican Grill's net income was $282.09M, beating the average estimation of $266.82M by 5.72%. The company's SG&A was $169.25M, missing the average forecast of $183.57M by -7.80%. Lastly, the company's EPS was $10.28, beating the average prediction of $0.194 by 5195.97%