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Chipotle Mexican Grill Inc. (CMG) has been a long-term winner that has prioritized healthier food options than other fast food restaurants. However, recent investors haven’t enjoyed as much success, with shares down by 36% year-to-date. A sudden slowdown in revenue and net income growth is a key culprit, as Chipotle looks to reinvigorate growth.
In this article, we’ll look at CMG’s latest share price, Wall Street sentiment, multiyear price forecasts, and the key factors that are playing a critical role in the company’s path going forward.
Current Stock Overview
Market Cap: $52 billion
Trailing P/E Ratio: 34.19
Forward P/E Ratio: 27.32
1-Year Return: -31%
2025 YTD: -36%
Chipotle stock has stumbled by more than 30% over the past year, trading at around $39 as of September 2025. The company only delivered 3% year-over-year revenue growth in the second quarter, with comparable restaurant sales dropping 4%, indicating that existing customers are showing up less frequently. Adjusted EPS declined by 2.9%, indicating tighter profit margins.
The stock also has a loftier 34.19 P/E ratio than its rivals. With a P/E of 26.16, McDonald’s delivered higher revenue and net income growth rates than Chipotle last quarter.
Chipotle continues to open new restaurants, including 61 in Q2. CEO Scott Boatwright has said that comparisons will ease in future earnings reports, which can set the stage for higher revenue growth. Digital orders have been a success, representing 35.5% of total food and beverage revenue. The company is also working on multiple growth initiatives, such as a recently introduced college rewards program, expansion into Asia, and family-style portions.
CMG has a consensus Buy rating from 30 analysts, according to Benzinga. The average price target is $59.48 per share, which represents a sizable 53% gain from current levels. The highest price target is $70, and the lowest is $46. The three most recent ratings suggest a near-term average target of $59, suggesting a 51% upside.
Quick Snapshot Table of Predictions
Year | Lowest Prediction ($) | Average Prediction ($) | Maximum Prediction ($) |
2025 | 38.53 | 38.61 | 38.70 |
2026 | 38.24 | 38.36 | 38.46 |
2027 | 38.56 | 38.66 | 38.72 |
2028 | 36.49 | 36.49 | 36.49 |
2029 | 35.60 | 36.56 | 37.60 |
2030 | 29.67 | 31.82 | 33.63 |
The forecast range in this table is based on algorithmic projections provided by CoinCodex. These models use historical price trends, volatility patterns and moving averages to estimate future stock prices over multiple time horizons.
Bull & Bear Case
Chipotle has endured a rough stretch over the past year, but there are signs that the company can turn it around.
Bull Case
- Digital sales continue to perform well and boost revenue.
- Chipotle is expanding internationally, which can unlock additional revenue growth.
- New restaurants continue to open at a fast rate, putting more locations in front of customers.
Bear Case
- Revenue growth has slowed, and comparable sales dropped year-over-year, indicating customers aren’t buying as frequently.
- Pricing pressure continues to hurt profit margins
- Chipotle has a higher P/E ratio than most restaurant stocks, and if it doesn’t report higher financial growth rates soon, its valuation may contract
Stock Price Prediction for 2025
Forecast Range: $38.53 – $38.70
CoinCodex forecasts Chipotle reaching an average estimated value of $38.61 per share in 2025, implying a slight decline from the current price. The stock’s high valuation and decelerating revenue growth are some of the issues that can keep shares flat.
Stock Price Prediction for 2026
Forecast Range: $38.24 – $38.46
CoinCodex sees Chipotle reaching an average estimated value of $38.36 per share, suggesting a small decline from current levels. These forecasts suggest that margins shrink and the company’s growth initiatives have trouble panning out.
Stock Price Prediction for 2030
Forecast Range: $29.67 – $33.63
CoinCodex forecasts an average price target of $31.82 per share, which suggests an 18% downside from current levels, and a -3.99% CAGR over the next five years. More pricing pressure and diners opting for more affordable food and meal prep amid a high cost of living could lead to these forecasts. However, Chipotle may rally if its international expansion generates meaningful revenue growth and digital sales continue to grow.
Investment Considerations
Chipotle faces pricing pressure, decelerating revenue growth, and declining comparable sales, which are all serious headwinds accounting for the stock’s 36% year-to-date drop. An expansion into Asia could reignite growth since the restaurant chain doesn’t have much of a presence there right now.
If international expansion falls flat, however, Chipotle has limited opportunities to generate more growth. It’s still opening restaurants at a fast clip, though, and once easier comparables arrive, the company may once again deliver respectable revenue growth.
Many fast food restaurant stocks have been underperforming vs. the overall market, and chains that strive to offer healthier options have faced more scrutiny over their high valuations and decelerating growth rates. Chipotle was once viewed as a growth stock, but it now requires more patience, appealing to value investors who may view it as a buy-the-dip opportunity.
Frequently Asked Questions
Is CMG stock a good long-term investment?
CMG may be a good long-term investment for investors who believe in fast food restaurants that offer healthier food options. However, declining comparable sales and an unfavorable long-term forecast for the stock offer reasons for concern.
What will CMG stock be worth in 2030?
CoinCodex projects CMG stock will reach an average price target of $31.82 per share by 2030, which suggests a steep downside from current levels.
Does CMG stock pay a dividend?
No. Chipotle does not pay a dividend. The company reinvests profits into opening additional stores.