Chipotle Mexican Grill (NYSE:CMG) Price Target Raised to $47.00 at Piper Sandler

Chipotle Mexican Grill (NYSE:CMG) had its target price upped by Piper Sandler from $44.00 to $47.00 in a research note published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the restaurant operator’s stock.

Other research analysts have also issued reports about the stock. Robert W. Baird dropped their price target on shares of Chipotle Mexican Grill from $59.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, October 10th. JPMorgan Chase & Co. dropped their target price on Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Monday, December 29th. Northcoast Research downgraded Chipotle Mexican Grill from a “buy” rating to a “neutral” rating in a research note on Friday, October 31st. Finally, Barclays increased their price objective on Chipotle Mexican Grill from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, Chipotle Mexican Grill has an average rating of “Moderate Buy” and an average price target of $50.23.

Chipotle Mexican Grill Trading Up 0.8%

NYSE:CMG opened at $40.87 on Friday. Chipotle Mexican Grill has a 12-month low of $29.75 and a 12-month high of $59.57. The stock’s 50 day simple moving average is $36.38 and its 200-day simple moving average is $39.96. The firm has a market cap of $54.03 billion, a P/E ratio of 36.16, a PEG ratio of 3.84 and a beta of 0.97.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.29. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $3.06 billion. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. Chipotle Mexican Grill’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm posted $0.27 EPS. Research analysts forecast that Chipotle Mexican Grill will post 1.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Operose Advisors LLC acquired a new stake in Chipotle Mexican Grill in the 2nd quarter valued at about $25,000. Financial Life Planners acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at approximately $25,000. Wealth Watch Advisors INC purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $26,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $28,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Piper Sandler raised its price target to $47 and maintains an “overweight” rating, signaling near-term upside from current levels. Piper Sandler price target raise via Benzinga
• Positive Sentiment: Wells Fargo lifted its price target to $50 with an “overweight” call, the most bullish target cited and a potential catalyst for additional buying. Wells Fargo price target raise via Benzinga
• Positive Sentiment: Raymond James published a forecast pointing to strong price appreciation for CMG, reinforcing the analyst-side optimism on growth and margin durability. Raymond James forecast (American Banking News)
• Positive Sentiment: Industry pieces (Zacks, Yahoo) highlight Chipotle’s digital sales, menu innovation and expansion as drivers renewing investor confidence—supporting a bullish narrative on execution and long-term growth. 3 Restaurant Stocks Showing Growth Potential (Zacks)
• Positive Sentiment: Long-term performance stories (e.g., Benzinga piece on a 15-year $100 investment) reinforce investor sentiment that Chipotle has been a durable growth compounder. If You Invested $100 In Chipotle 15 Years Ago (Benzinga)
• Neutral Sentiment: Zacks flagged CMG as a trending stock with a roundup of facts investors should know—useful context but not an immediate price catalyst. Trending Stock: Facts to Know (Zacks)
• Neutral Sentiment: Chipotle filed to form a PAC, signaling a change in political engagement; this may affect governance perceptions but has unclear near-term financial impact. Chipotle forms PAC (Business Insider)
• Neutral Sentiment: Leadership moves — a search for a new CMO and related reshuffling — raise execution-watch flags for expansion and marketing strategy, but outcomes are uncertain. Leadership shuffle and CMO search (Yahoo Finance)
• Negative Sentiment: BWG Global downgraded CMG, introducing a concrete bearish analyst catalyst that could pressure shares if other firms follow suit or if downgrade cites execution or margin risks. BWG Global downgrades Chipotle (MSN)

Chipotle Mexican Grill Company Profile

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.