Chipotle Mexican Grill (NYSE:CMG – Free Report) had its price target lowered by Raymond James Financial from $43.00 to $41.00 in a research note published on Tuesday,Benzinga reports. Raymond James Financial currently has an outperform rating on the restaurant operator’s stock.
A number of other research firms also recently weighed in on CMG. Zacks Research upgraded Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Truist Financial raised their price target on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. UBS Group restated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Monday, January 26th. Piper Sandler decreased their price objective on Chipotle Mexican Grill from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Stephens reiterated an “equal weight” rating and issued a $35.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, February 4th. Twenty-four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.
Get Our Latest Analysis on CMG
Chipotle Mexican Grill Stock Performance
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 47.99% and a net margin of 12.88%.The business had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the business posted $0.25 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, sell-side analysts forecast that Chipotle Mexican Grill will post 1.14 EPS for the current fiscal year.
Institutional Trading of Chipotle Mexican Grill
Several large investors have recently modified their holdings of CMG. Financial Life Planners bought a new stake in shares of Chipotle Mexican Grill in the third quarter worth about $25,000. Wealth Watch Advisors INC bought a new stake in shares of Chipotle Mexican Grill in the third quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $26,000. MV Capital Management Inc. bought a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $26,000. Finally, Osbon Capital Management LLC bought a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $28,000. 91.30% of the stock is owned by institutional investors.
More Chipotle Mexican Grill News
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Chipotle announced the nationwide return of Chipotle Honey Chicken (starting April 28), its best‑performing LTO from 2025, now available across North America and Europe and added to the High Protein Cup — a promotion that historically drove strong incremental traffic and ticket lifts. CHIPOTLE KICKS OFF THE SUMMER SEASON WITH THE RETURN OF HIGHLY POPULAR CHIPOTLE HONEY CHICKEN
- Positive Sentiment: Chipotle’s loyalty relaunch emphasizes value and could drive higher in‑restaurant frequency and win back less frequent customers—key for sustaining mid‑single digit revenue growth and margin leverage. A look at how Chipotle’s loyalty relaunch could affect customer behavior
- Positive Sentiment: Analyst model tweaks: Zacks slightly raised Q2 FY2027 and FY2028 EPS estimates, signaling modestly improved near‑term earnings outlook that can support the share price if sales and comps follow. MarketBeat – Zacks Research estimate updates
- Neutral Sentiment: Long‑term performance feature: A Yahoo Finance piece highlights how a $1,000 investment in Chipotle a decade ago would have performed — positive framing for long‑term holders but unlikely to drive short‑term price moves. Here’s How Much a $1000 Investment in Chipotle Mexican Grill Made 10 Years Ago Would Be Worth Today
- Neutral Sentiment: Industry tech note: An article on CAVA scaling kitchen display systems underscores broader restaurant tech investments to improve order accuracy—relevant as an industry trend but not a direct catalyst for Chipotle. CAVA’s KDS Rollout Boosts Digital Accuracy: Can Tech Drive Traffic?
- Negative Sentiment: Raymond James trimmed its price target from $43 to $41 while keeping an “Outperform” rating—reduces modeled upside and may cap near‑term expectations for gains. Benzinga note on Raymond James price target change
- Negative Sentiment: Royal Bank of Canada cut its price target to $45, another sign of analyst caution that could limit momentum despite positive sales initiatives. Royal Bank Of Canada Cuts Chipotle Mexican Grill Price Target to $45.00
About Chipotle Mexican Grill
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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