What is Zacks Research’s Estimate for CMG Q2 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Equities researchers at Zacks Research decreased their Q2 2026 EPS estimates for shares of Chipotle Mexican Grill in a research report issued to clients and investors on Wednesday, December 3rd. Zacks Research analyst Team now anticipates that the restaurant operator will earn $0.34 per share for the quarter, down from their prior 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.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus cut their price objective on Chipotle Mexican Grill from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, September 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Monday, December 1st. UBS Group set a $45.00 price objective on shares of Chipotle Mexican Grill in a research note on Friday, October 31st. Rothschild Redb raised shares of Chipotle Mexican Grill from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 3rd. Finally, Evercore ISI reduced their price target on shares of Chipotle Mexican Grill from $53.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.81.

Chipotle Mexican Grill Trading Down 0.6%

Shares of CMG stock opened at $33.94 on Monday. The stock has a 50 day simple moving average of $36.18 and a 200-day simple moving average of $43.42. The company has a market cap of $44.88 billion, a price-to-earnings ratio of 30.04, a price-to-earnings-growth ratio of 3.47 and a beta of 0.99. Chipotle Mexican Grill has a 12-month low of $29.75 and a 12-month high of $66.74.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.06 billion. During the same period in the prior year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis.

Institutional Investors Weigh In On Chipotle Mexican Grill

Several institutional investors have recently bought and sold shares of the business. Ascent Group LLC boosted its position in shares of Chipotle Mexican Grill by 3.5% in the second quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator’s stock worth $323,000 after buying an additional 193 shares during the period. E. Ohman J or Asset Management AB boosted its stake in Chipotle Mexican Grill by 0.3% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator’s stock valued at $3,326,000 after purchasing an additional 194 shares during the period. Occidental Asset Management LLC increased its position in Chipotle Mexican Grill by 2.8% in the 2nd quarter. Occidental Asset Management LLC now owns 7,257 shares of the restaurant operator’s stock worth $407,000 after buying an additional 195 shares during the period. Perennial Advisors LLC lifted its holdings in shares of Chipotle Mexican Grill by 3.1% during the second quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator’s stock worth $374,000 after buying an additional 200 shares during the last quarter. Finally, Quent Capital LLC boosted its position in shares of Chipotle Mexican Grill by 2.0% in the second quarter. Quent Capital LLC now owns 10,555 shares of the restaurant operator’s stock valued at $593,000 after acquiring an additional 208 shares during the period. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Company Profile

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.