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Chipotle Mexican Grill

CMGNYSE
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$49.83
-0.99-1.95%
At Close: -
$49.59
-0.24-0.48%
After Hours: 7:59 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Jul 24th, after the market close
The most recent conference call was at 16:30 PM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$3888.00
Lowest Price Target1
$53.00
Consensus Price Target1
$1311.26

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

Chipotle Mexican Grill Inc has a consensus price target of $1311.26 based on the ratings of 30 analysts. The high is $3888 issued by Argus Research on June 18, 2024. The low is $53 issued by Loop Capital on July 25, 2024. The 3 most-recent analyst ratings were released by Guggenheim, Keybanc, and Citigroup on July 26, 2024, July 25, 2024, and July 25, 2024, respectively. With an average price target of $63 between Guggenheim, Keybanc, and Citigroup, there's an implied 27.04% upside for Chipotle Mexican Grill Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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9
Apr
1
1
May
3
3
Jun
6
10
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Guggenheim
Keybanc
Citigroup
Raymond James
Loop Capital

1calculated from analyst ratings

Analyst Ratings for Chipotle Mexican Grill

Buy NowGet Alert
07/26/2024Buy Now8.89%Guggenheim
Gregory Francfort
$55 → $54MaintainsNeutralGet Alert
07/25/2024Buy Now33.09%Keybanc
Eric Gonzalez
$68 → $66MaintainsOverweightGet Alert
07/25/2024Buy Now39.14%Citigroup
Jon Tower
$71 → $69MaintainsBuyGet Alert
07/25/2024Buy Now26.03%Raymond James
Brian Vaccaro
$70 → $62.5MaintainsOutperformGet Alert
07/25/2024Buy Now6.88%Loop Capital
Alton Stump
$58 → $53MaintainsHoldGet Alert
07/25/2024Buy Now31.07%Evercore ISI Group
David Palmer
$72 → $65MaintainsOutperformGet Alert
07/25/2024Buy Now35.11%Deutsche Bank
Lauren Silberman
$72 → $67MaintainsBuyGet Alert
07/25/2024Buy Now10.91%BMO Capital
Andrew Strelzik
$57 → $55MaintainsMarket PerformGet Alert
07/25/2024Buy Now35.11%Goldman Sachs
Christine Cho
$74.6 → $67MaintainsBuyGet Alert
07/25/2024Buy Now39.14%Truist Securities
Jake Bartlett
$74 → $69MaintainsBuyGet Alert
07/25/2024Buy Now31.07%Oppenheimer
Brian Bittner
$70 → $65MaintainsOutperformGet Alert
07/25/2024Buy Now10.91%Barclays
Jeffrey Bernstein
$58 → $55MaintainsEqual-WeightGet Alert
07/25/2024Buy Now12.93%Piper Sandler
Brian Mullan
$61 → $56MaintainsNeutralGet Alert
07/25/2024Buy Now31.07%TD Cowen
Andrew Charles
$72 → $65MaintainsBuyGet Alert
07/25/2024Buy Now23.01%Stephens & Co.
Jim Salera
$64 → $61MaintainsEqual-WeightGet Alert
07/25/2024Buy Now8.89%Wedbush
Nick Setyan
$64 → $54MaintainsNeutralGet Alert
07/24/2024Buy Now10.91%Guggenheim
Gregory Francfort
$54.5 → $55MaintainsNeutralGet Alert
07/17/2024Buy Now16.96%Barclays
Jeffrey Bernstein
$57.3 → $58MaintainsEqual-WeightGet Alert
07/16/2024Buy Now45.19%Evercore ISI Group
David Palmer
$72 → $72MaintainsOutperformGet Alert
07/16/2024Buy Now20.99%Piper Sandler
Brian Mullan
$61.4 → $60MaintainsNeutralGet Alert
07/12/2024Buy Now43.17%Citigroup
Jon Tower
$67.38 → $71MaintainsBuyGet Alert
07/10/2024Buy Now6050.43%Stephens & Co.
Jim Salera
$61 → $61ReiteratesEqual-Weight → Equal-WeightGet Alert
07/09/2024Buy Now37.12%Keybanc
Eric Gonzalez
$68 → $68MaintainsOverweightGet Alert
07/09/2024Buy Now41.16%Stifel
Chris O'Cull
MaintainsBuyGet Alert
06/28/2024Buy NowBaird
David Tarantino
$70 → $74MaintainsOutperformGet Alert
06/28/2024Buy NowRaymond James
Brian Vaccaro
$67 → $70ReiteratesOutperform → OutperformGet Alert
06/26/2024Buy Now45.19%TD Cowen
Andrew Charles
$72 → $72MaintainsBuyGet Alert
06/21/2024Buy Now6352.91%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
06/21/2024Buy Now6957.87%Baird
David Tarantino
$70 → $70MaintainsOutperformGet Alert
06/18/2024Buy Now7740.29%Argus Research
John Staszak
$73.36 → $77.76MaintainsBuyGet Alert
06/17/2024Buy Now6352.91%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
06/13/2024Buy Now7159.53%TD Cowen
Andrew Charles
$70 → $72MaintainsBuyGet Alert
06/13/2024Buy Now7421.68%Goldman Sachs
Christine Cho
→ $74.6Initiates → BuyGet Alert
06/03/2024Buy Now5949.61%JP Morgan
John Ivankoe
$55 → $60MaintainsNeutralGet Alert
05/29/2024Buy Now6998.21%Truist Securities
Jake Bartlett
$68.8 → $70.4MaintainsBuyGet Alert
05/22/2024Buy Now6927.63%Oppenheimer
Brian Bittner
$66 → $69.7MaintainsOutperformGet Alert
05/20/2024Buy Now6352.91%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
04/26/2024Buy Now6957.87%TD Cowen
Andrew Charles
$70 → $70ReiteratesBuy → BuyGet Alert
04/25/2024Buy Now6693.71%Citigroup
Jon Tower
$67.16 → $67.38MaintainsBuyGet Alert
04/25/2024Buy Now5677.37%Barclays
Jeffrey Bernstein
$48 → $57.3MaintainsEqual-WeightGet Alert
04/25/2024Buy Now6836.88%Truist Securities
Joel Fishbein
$65 → $68.8MaintainsBuyGet Alert
04/25/2024Buy Now6151.26%Morgan Stanley
Brian Harbour
$59.72 → $62MaintainsEqual-WeightGet Alert
04/25/2024Buy Now7159.53%Deutsche Bank
Lauren Silberman
$68 → $72MaintainsBuyGet Alert
04/25/2024Buy Now6756.22%Keybanc
Eric Gonzalez
$65 → $68MaintainsOverweightGet Alert
04/25/2024Buy Now5647.13%BMO Capital
Andrew Strelzik
$48 → $57MaintainsMarket PerformGet Alert
04/25/2024Buy Now6655.39%BTIG
Peter Saleh
$65 → $67MaintainsBuyGet Alert
04/25/2024Buy Now5445.47%JP Morgan
John Ivankoe
$50 → $55MaintainsNeutralGet Alert
04/25/2024Buy Now6635.23%Raymond James
Brian Vaccaro
$66 → $66.8ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now6957.87%UBS
Dennis Geiger
$68 → $70MaintainsBuyGet Alert
04/25/2024Buy Now7159.53%Evercore ISI Group
David Palmer
$64 → $72MaintainsOutperformGet Alert
04/25/2024Buy Now6554.57%Wells Fargo
Zachary Fadem
$65.7 → $66MaintainsOverweightGet Alert
04/25/2024Buy Now6090.76%Piper Sandler
Brian Mullan
$48.84 → $61.4MaintainsNeutralGet Alert
04/25/2024Buy Now6554.57%Oppenheimer
Brian Bittner
$56.5 → $66ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now6352.91%Wedbush
Nick Setyan
$57 → $64MaintainsNeutralGet Alert
04/25/2024Buy Now6957.87%Baird
David Tarantino
$65 → $70MaintainsOutperformGet Alert
04/25/2024Buy Now6050.43%Stephens & Co.
Jim Salera
$60.2 → $61MaintainsEqual-WeightGet Alert
04/25/2024Buy Now6957.87%TD Cowen
Andrew Charles
$68 → $70MaintainsBuyGet Alert
04/18/2024Buy Now6352.91%Evercore ISI Group
David Palmer
$58 → $64MaintainsOutperformGet Alert
04/16/2024Buy Now5344.65%Jefferies
Andy Barish
$47 → $54MaintainsHoldGet Alert
04/12/2024Buy Now6756.22%TD Cowen
Andrew Charles
→ $68ReiteratesBuy → BuyGet Alert
04/12/2024Buy Now5921.38%Morgan Stanley
Brian Harbour
$50 → $59.72MaintainsEqual-WeightGet Alert
04/12/2024Buy Now5969.77%Stephens & Co.
Jim Salera
→ $60.2Reinstates → Equal-WeightGet Alert
04/11/2024Buy Now6756.22%UBS
Dennis Geiger
$58 → $68MaintainsBuyGet Alert
04/11/2024Buy Now6756.22%TD Cowen
Andrew Charles
$58 → $68MaintainsBuyGet Alert
04/11/2024Buy Now6494.07%Stifel
Chris O'Cull
$54 → $65.4MaintainsBuyGet Alert
04/10/2024Buy Now5747.95%TD Cowen
Andrew Charles
→ $58ReiteratesBuy → BuyGet Alert
04/09/2024Buy Now6453.74%Keybanc
Eric Gonzalez
$55 → $65MaintainsOverweightGet Alert
04/08/2024Buy Now6671.53%Citigroup
Jon Tower
$60.32 → $67.16MaintainsBuyGet Alert
03/28/2024Buy Now6453.74%BTIG
Peter Saleh
$55 → $65MaintainsBuyGet Alert
03/26/2024Buy Now6352.91%Bernstein
Danilo Gargiulo
$56 → $64MaintainsOutperformGet Alert
03/22/2024Buy Now5647.13%Wedbush
Nick Setyan
$48 → $57MaintainsNeutralGet Alert
03/20/2024Buy Now6554.57%Deutsche Bank
Lauren Silberman
$62 → $66MaintainsBuyGet Alert
02/07/2024Buy Now4941.34%Morgan Stanley
Brian Harbour
$45.68 → $50MaintainsEqual-WeightGet Alert
02/07/2024Buy Now5344.65%Stifel
Chris O'Cull
$51.2 → $54MaintainsBuyGet Alert
02/07/2024Buy Now5788.28%Truist Securities
Joel Fishbein
$54 → $58.4MaintainsBuyGet Alert
02/07/2024Buy Now4739.69%Barclays
Jeffrey Bernstein
$44.92 → $48MaintainsEqual-WeightGet Alert
02/07/2024Buy Now5747.95%TD Cowen
Andrew Charles
$53 → $58MaintainsOutperformGet Alert
02/07/2024Buy Now5445.47%Keybanc
Eric Gonzalez
$45 → $55MaintainsOverweightGet Alert
02/07/2024Buy Now5981.87%Citigroup
Jon Tower
$53.98 → $60.32MaintainsBuyGet Alert
02/07/2024Buy Now4739.69%Wedbush
Nick Setyan
→ $48ReiteratesNeutral → NeutralGet Alert
02/07/2024Buy Now5949.61%Stephens & Co.
Joshua Long
$56 → $60MaintainsOverweightGet Alert
02/07/2024Buy Now4739.69%BMO Capital
Andrew Strelzik
$42 → $48MaintainsMarket PerformGet Alert
02/07/2024Buy Now5546.3%Wells Fargo
Zachary Fadem
$52 → $56MaintainsOverweightGet Alert
02/02/2024Buy Now5062.33%Stifel
Chris O'Cull
$49 → $51.2MaintainsBuyGet Alert
01/25/2024Buy Now5042.17%Raymond James
Brian Vaccaro
$49 → $51MaintainsOutperformGet Alert
01/24/2024Buy Now5342.63%Citigroup
Jon Tower
$45.84 → $53.98MaintainsBuyGet Alert
01/22/2024Buy Now5243.82%Baird
David Tarantino
→ $53ReiteratesOutperform → OutperformGet Alert
01/16/2024Buy Now4388.81%Piper Sandler
Brian Mullan
$38.6 → $44.52MaintainsNeutralGet Alert
01/05/2024Buy Now4991.75%Oppenheimer
Brian Bittner
$44.5 → $50.5MaintainsOutperformGet Alert
01/04/2024Buy Now4840.51%Stifel
Chris O'Cull
$42 → $49MaintainsBuyGet Alert
01/03/2024Buy Now4429.14%Barclays
Jeffrey Bernstein
$37.7 → $44.92MaintainsEqual-WeightGet Alert
01/02/2024Buy Now5546.3%Stephens & Co.
Joshua Long
$46.6 → $56MaintainsOverweightGet Alert
12/21/2023Buy Now4739.69%Wedbush
Nick Setyan
→ $48DowngradeOutperform → NeutralGet Alert
12/07/2023Buy Now4840.51%Raymond James
Brian Vaccaro
$42 → $49MaintainsOutperformGet Alert
12/01/2023Buy Now4790.1%RBC Capital
Christopher Carril
$43.7 → $48.5MaintainsOutperformGet Alert
10/27/2023Buy Now4336.38%TD Cowen
Andrew Charles
→ $44ReiteratesOutperform → OutperformGet Alert
10/27/2023Buy Now4074.23%Morgan Stanley
John Glass
$40.2 → $41.4MaintainsEqual-WeightGet Alert
10/27/2023Buy Now4598.53%Stephens & Co.
Joshua Long
→ $46.6ReiteratesOverweight → OverweightGet Alert
10/27/2023Buy Now4437.21%Keybanc
Eric Gonzalez
$44 → $45MaintainsOverweightGet Alert
10/24/2023Buy Now4497.7%Truist Securities
Joel Fishbein
→ $45.6ReiteratesBuy → BuyGet Alert

FAQ

Q

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

A

The latest price target for Chipotle Mexican Grill (NYSE:CMG) was reported by Guggenheim on July 26, 2024. The analyst firm set a price target for $54.00 expecting CMG to rise to within 12 months (a possible 8.89% 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 Guggenheim, and Chipotle Mexican Grill maintained their neutral 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 July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 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 $55.00 to $54.00. The current price Chipotle Mexican Grill (CMG) is trading at is $49.59, which is out of the analyst’s predicted range.

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