Chipotle Mexican Grill
(NYSE:CMG)
$3151.63
13.35[0.43%]
At close: May 24
$3151.63
0[0.00%]
After Hours: 4:55PM EDT
Consensus Rating1
Buy
Highest Price Target1
$3600.00
Lowest Price Target1
$2070.00
Consensus Price Target1
$3103.11

Chipotle Mexican Grill Stock (NYSE:CMG), Analyst Ratings, Price Targets, Predictions

Chipotle Mexican Grill Inc has a consensus price target of $3103.11, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Oppenheimer, Wedbush, and TD Cowen on May 22, 2024, May 20, 2024, and April 26, 2024. With an average price target of $3395 between Oppenheimer, Wedbush, and TD Cowen, there's an implied 7.72% upside for Chipotle Mexican Grill Inc from these 3 analyst ratings.

Analyst Trend
8
4
Feb
3
1
Mar
21
9
Apr
1
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Oppenheimer
Wedbush
TD Cowen
Citigroup
Barclays

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Chipotle Mexican Grill

Buy NowGet Alert
05/22/2024Buy Now10.58%Oppenheimer
Brian Bittner
$3300 → $3485MaintainsOutperformGet Alert
05/20/2024Buy Now1.53%Wedbush
Nick Setyan
→ $3200ReiteratesNeutral → NeutralGet Alert
04/26/2024Buy Now11.05%TD Cowen
Andrew Charles
→ $3500ReiteratesBuy → BuyGet Alert
04/25/2024Buy Now6.9%Citigroup
Jon Tower
$3358 → $3369MaintainsBuyGet Alert
04/25/2024Buy Now-9.09%Barclays
Jeffrey Bernstein
$2400 → $2865MaintainsEqual-WeightGet Alert
04/25/2024Buy Now9.15%Truist Securities
Joel Fishbein
$3250 → $3440MaintainsBuyGet Alert
04/25/2024Buy Now-1.64%Morgan Stanley
Brian Harbour
$2986 → $3100MaintainsEqual-WeightGet Alert
04/25/2024Buy Now14.23%Deutsche Bank
Lauren Silberman
$3400 → $3600MaintainsBuyGet Alert
04/25/2024Buy Now7.88%Keybanc
Eric Gonzalez
$3250 → $3400MaintainsOverweightGet Alert
04/25/2024Buy Now-9.57%BMO Capital
Andrew Strelzik
$2400 → $2850MaintainsMarket PerformGet Alert
04/25/2024Buy Now6.29%BTIG
Peter Saleh
$3250 → $3350MaintainsBuyGet Alert
04/25/2024Buy Now-12.74%JP Morgan
John Ivankoe
$2500 → $2750MaintainsNeutralGet Alert
04/25/2024Buy Now5.98%Raymond James
Brian Vaccaro
$3300 → $3340ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now11.05%UBS
Dennis Geiger
$3400 → $3500MaintainsBuyGet Alert
04/25/2024Buy Now14.23%Evercore ISI Group
David Palmer
$3200 → $3600MaintainsOutperformGet Alert
04/25/2024Buy Now4.71%Wells Fargo
Zachary Fadem
$3285 → $3300MaintainsOverweightGet Alert
04/25/2024Buy Now-2.59%Piper Sandler
Brian Mullan
$2442 → $3070MaintainsNeutralGet Alert
04/25/2024Buy Now4.71%Oppenheimer
Brian Bittner
$2825 → $3300ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now1.53%Wedbush
Nick Setyan
$2850 → $3200MaintainsNeutralGet Alert
04/25/2024Buy Now11.05%Baird
David Tarantino
$3250 → $3500MaintainsOutperformGet Alert
04/25/2024Buy Now-3.22%Stephens & Co.
Jim Salera
$3010 → $3050MaintainsEqual-WeightGet Alert
04/25/2024Buy Now11.05%TD Cowen
Andrew Charles
$3400 → $3500MaintainsBuyGet Alert
04/18/2024Buy Now1.53%Evercore ISI Group
David Palmer
$2900 → $3200MaintainsOutperformGet Alert
04/16/2024Buy Now-14.33%Jefferies
Andy Barish
$2350 → $2700MaintainsHoldGet Alert
04/12/2024Buy Now-5.26%Morgan Stanley
Brian Harbour
$2500 → $2986MaintainsEqual-WeightGet Alert
04/12/2024Buy Now7.88%TD Cowen
Andrew Charles
→ $3400ReiteratesBuy → BuyGet Alert
04/12/2024Buy Now-4.49%Stephens & Co.
Jim Salera
→ $3010Reinstates → Equal-WeightGet Alert
04/11/2024Buy Now7.88%UBS
Dennis Geiger
$2900 → $3400MaintainsBuyGet Alert
04/11/2024Buy Now7.88%TD Cowen
Andrew Charles
$2900 → $3400MaintainsBuyGet Alert
04/11/2024Buy Now3.76%Stifel
Chris O'Cull
$2700 → $3270MaintainsBuyGet Alert

FAQ

Q

What is the target price for Chipotle Mexican Grill (CMG)?

A

The latest price target for Chipotle Mexican Grill (NYSE: CMG) was reported by Oppenheimer on May 22, 2024. The analyst firm set a price target for $3485.00 expecting CMG to rise to within 12 months (a possible 10.58% upside). 100 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Chipotle Mexican Grill (CMG)?

A

The latest analyst rating for Chipotle Mexican Grill (NYSE: CMG) was provided by Oppenheimer, and Chipotle Mexican Grill maintained their outperform rating.

Q

When was the last upgrade for Chipotle Mexican Grill (CMG)?

A

There is no last upgrade for Chipotle Mexican Grill.

Q

When was the last downgrade for Chipotle Mexican Grill (CMG)?

A

The last downgrade for Chipotle Mexican Grill Inc happened on December 21, 2023 when Wedbush changed their price target from N/A to $2400 for Chipotle Mexican Grill Inc.

Q

When is the next analyst rating going to be posted or updated for Chipotle Mexican Grill (CMG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chipotle Mexican Grill, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chipotle Mexican Grill was filed on May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.

Q

Is the Analyst Rating Chipotle Mexican Grill (CMG) correct?

A

While ratings are subjective and will change, the latest Chipotle Mexican Grill (CMG) rating was a maintained with a price target of $3300.00 to $3485.00. The current price Chipotle Mexican Grill (CMG) is trading at is $3151.63, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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