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Chipotle Mexican Grill

CMGNYSE
$53.54
0.160.30%
At Close: -
$53.55
0.00990.02%
After Hours: Jul 19, 7:59 PM EDT
15 minutes delayed
Q2 2024 earnings tomorrow on Wed Jul 24th after the market close
Conference call scheduled tomorrow at 16:30 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$3888.00
Lowest Price Target1
$58.00
Consensus Price Target1
$2341.50

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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 $2341.5 based on the ratings of 28 analysts. The high is $3888 issued by Argus Research on June 18, 2024. The low is $58 issued by Barclays on July 17, 2024. The 3 most-recent analyst ratings were released by Barclays, Evercore ISI Group, and Piper Sandler on July 17, 2024, July 16, 2024, and July 16, 2024, respectively. With an average price target of $63.33 between Barclays, Evercore ISI Group, and Piper Sandler, there's an implied 18.27% upside for Chipotle Mexican Grill Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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1
Mar
8
9
Apr
1
1
May
3
3
Jun
2
3
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Evercore ISI Group
Piper Sandler
Citigroup
Stephens & Co.

1calculated from analyst ratings

Analyst Ratings for Chipotle Mexican Grill

Buy NowGet Alert
07/17/2024Buy Now8.31%Barclays
Jeffrey Bernstein
$57.3 → $58MaintainsEqual-WeightGet Alert
07/16/2024Buy Now34.45%Evercore ISI Group
David Palmer
$72 → $72MaintainsOutperformGet Alert
07/16/2024Buy Now12.05%Piper Sandler
Brian Mullan
$61.4 → $60MaintainsNeutralGet Alert
07/12/2024Buy Now32.59%Citigroup
Jon Tower
$67.38 → $71MaintainsBuyGet Alert
07/10/2024Buy Now5595.62%Stephens & Co.
Jim Salera
$61 → $61ReiteratesEqual-Weight → Equal-WeightGet Alert
07/09/2024Buy Now26.98%Keybanc
Eric Gonzalez
$68 → $68MaintainsOverweightGet Alert
07/09/2024Buy Now30.72%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 Now34.45%TD Cowen
Andrew Charles
$72 → $72MaintainsBuyGet Alert
06/21/2024Buy Now5875.73%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
06/21/2024Buy Now6435.96%Baird
David Tarantino
$70 → $70MaintainsOutperformGet Alert
06/18/2024Buy Now7160.52%Argus Research
John Staszak
$73.36 → $77.76MaintainsBuyGet Alert
06/17/2024Buy Now5875.73%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
06/13/2024Buy Now6622.7%TD Cowen
Andrew Charles
$70 → $72MaintainsBuyGet Alert
06/13/2024Buy Now6865.47%Goldman Sachs
Christine Cho
→ $74.6Initiates → BuyGet Alert
06/03/2024Buy Now5502.25%JP Morgan
John Ivankoe
$55 → $60MaintainsNeutralGet Alert
05/29/2024Buy Now6473.31%Truist Securities
Jake Bartlett
$68.8 → $70.4MaintainsBuyGet Alert
05/22/2024Buy Now6407.95%Oppenheimer
Brian Bittner
$66 → $69.7MaintainsOutperformGet Alert
05/20/2024Buy Now5875.73%Wedbush
Nick Setyan
$64 → $64ReiteratesNeutral → NeutralGet Alert
04/26/2024Buy Now6435.96%TD Cowen
Andrew Charles
$70 → $70ReiteratesBuy → BuyGet Alert
04/25/2024Buy Now6191.33%Citigroup
Jon Tower
$67.16 → $67.38MaintainsBuyGet Alert
04/25/2024Buy Now5250.15%Barclays
Jeffrey Bernstein
$48 → $57.3MaintainsEqual-WeightGet Alert
04/25/2024Buy Now6323.91%Truist Securities
Joel Fishbein
$65 → $68.8MaintainsBuyGet Alert
04/25/2024Buy Now5688.99%Morgan Stanley
Brian Harbour
$59.72 → $62MaintainsEqual-WeightGet Alert
04/25/2024Buy Now6622.7%Deutsche Bank
Lauren Silberman
$68 → $72MaintainsBuyGet Alert
04/25/2024Buy Now6249.22%Keybanc
Eric Gonzalez
$65 → $68MaintainsOverweightGet Alert
04/25/2024Buy Now5222.14%BMO Capital
Andrew Strelzik
$48 → $57MaintainsMarket PerformGet Alert
04/25/2024Buy Now6155.85%BTIG
Peter Saleh
$65 → $67MaintainsBuyGet Alert
04/25/2024Buy Now5035.4%JP Morgan
John Ivankoe
$50 → $55MaintainsNeutralGet Alert
04/25/2024Buy Now6137.17%Raymond James
Brian Vaccaro
$66 → $66.8ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now6435.96%UBS
Dennis Geiger
$68 → $70MaintainsBuyGet Alert
04/25/2024Buy Now6622.7%Evercore ISI Group
David Palmer
$64 → $72MaintainsOutperformGet Alert
04/25/2024Buy Now6062.48%Wells Fargo
Zachary Fadem
$65.7 → $66MaintainsOverweightGet Alert
04/25/2024Buy Now5632.97%Piper Sandler
Brian Mullan
$48.84 → $61.4MaintainsNeutralGet Alert
04/25/2024Buy Now6062.48%Oppenheimer
Brian Bittner
$56.5 → $66ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now5875.73%Wedbush
Nick Setyan
$57 → $64MaintainsNeutralGet Alert
04/25/2024Buy Now6435.96%Baird
David Tarantino
$65 → $70MaintainsOutperformGet Alert
04/25/2024Buy Now5595.62%Stephens & Co.
Jim Salera
$60.2 → $61MaintainsEqual-WeightGet Alert
04/25/2024Buy Now6435.96%TD Cowen
Andrew Charles
$68 → $70MaintainsBuyGet Alert
04/18/2024Buy Now5875.73%Evercore ISI Group
David Palmer
$58 → $64MaintainsOutperformGet Alert
04/16/2024Buy Now4942.03%Jefferies
Andy Barish
$47 → $54MaintainsHoldGet Alert
04/12/2024Buy Now6249.22%TD Cowen
Andrew Charles
→ $68ReiteratesBuy → BuyGet Alert
04/12/2024Buy Now5476.11%Morgan Stanley
Brian Harbour
$50 → $59.72MaintainsEqual-WeightGet Alert
04/12/2024Buy Now5520.93%Stephens & Co.
Jim Salera
→ $60.2Reinstates → Equal-WeightGet Alert
04/11/2024Buy Now6249.22%UBS
Dennis Geiger
$58 → $68MaintainsBuyGet Alert
04/11/2024Buy Now6249.22%TD Cowen
Andrew Charles
$58 → $68MaintainsBuyGet Alert
04/11/2024Buy Now6006.45%Stifel
Chris O'Cull
$54 → $65.4MaintainsBuyGet Alert
04/10/2024Buy Now5315.51%TD Cowen
Andrew Charles
→ $58ReiteratesBuy → BuyGet Alert
04/09/2024Buy Now5969.11%Keybanc
Eric Gonzalez
$55 → $65MaintainsOverweightGet Alert
04/08/2024Buy Now6170.79%Citigroup
Jon Tower
$60.32 → $67.16MaintainsBuyGet Alert
03/28/2024Buy Now5969.11%BTIG
Peter Saleh
$55 → $65MaintainsBuyGet Alert
03/26/2024Buy Now5875.73%Bernstein
Danilo Gargiulo
$56 → $64MaintainsOutperformGet Alert
03/22/2024Buy Now5222.14%Wedbush
Nick Setyan
$48 → $57MaintainsNeutralGet Alert
03/20/2024Buy Now6062.48%Deutsche Bank
Lauren Silberman
$62 → $66MaintainsBuyGet Alert
02/07/2024Buy Now4568.54%Morgan Stanley
Brian Harbour
$45.68 → $50MaintainsEqual-WeightGet Alert
02/07/2024Buy Now4942.03%Stifel
Chris O'Cull
$51.2 → $54MaintainsBuyGet Alert
02/07/2024Buy Now5352.86%Truist Securities
Joel Fishbein
$54 → $58.4MaintainsBuyGet Alert
02/07/2024Buy Now4381.8%Barclays
Jeffrey Bernstein
$44.92 → $48MaintainsEqual-WeightGet Alert
02/07/2024Buy Now5315.51%TD Cowen
Andrew Charles
$53 → $58MaintainsOutperformGet Alert
02/07/2024Buy Now5035.4%Keybanc
Eric Gonzalez
$45 → $55MaintainsOverweightGet Alert
02/07/2024Buy Now5532.13%Citigroup
Jon Tower
$53.98 → $60.32MaintainsBuyGet Alert
02/07/2024Buy Now4381.8%Wedbush
Nick Setyan
→ $48ReiteratesNeutral → NeutralGet Alert
02/07/2024Buy Now5502.25%Stephens & Co.
Joshua Long
$56 → $60MaintainsOverweightGet Alert
02/07/2024Buy Now4381.8%BMO Capital
Andrew Strelzik
$42 → $48MaintainsMarket PerformGet Alert
02/07/2024Buy Now5128.77%Wells Fargo
Zachary Fadem
$52 → $56MaintainsOverweightGet Alert
02/02/2024Buy Now4680.59%Stifel
Chris O'Cull
$49 → $51.2MaintainsBuyGet Alert
01/25/2024Buy Now4661.91%Raymond James
Brian Vaccaro
$49 → $51MaintainsOutperformGet Alert
01/24/2024Buy Now4940.16%Citigroup
Jon Tower
$45.84 → $53.98MaintainsBuyGet Alert
01/22/2024Buy Now4848.66%Baird
David Tarantino
→ $53ReiteratesOutperform → OutperformGet Alert
01/16/2024Buy Now4056.87%Piper Sandler
Brian Mullan
$38.6 → $44.52MaintainsNeutralGet Alert
01/05/2024Buy Now4615.23%Oppenheimer
Brian Bittner
$44.5 → $50.5MaintainsOutperformGet Alert
01/04/2024Buy Now4475.17%Stifel
Chris O'Cull
$42 → $49MaintainsBuyGet Alert
01/03/2024Buy Now4094.22%Barclays
Jeffrey Bernstein
$37.7 → $44.92MaintainsEqual-WeightGet Alert
01/02/2024Buy Now5128.77%Stephens & Co.
Joshua Long
$46.6 → $56MaintainsOverweightGet Alert
12/21/2023Buy Now4381.8%Wedbush
Nick Setyan
→ $48DowngradeOutperform → NeutralGet Alert
12/07/2023Buy Now4475.17%Raymond James
Brian Vaccaro
$42 → $49MaintainsOutperformGet Alert
12/01/2023Buy Now4428.49%RBC Capital
Christopher Carril
$43.7 → $48.5MaintainsOutperformGet Alert
10/27/2023Buy Now4008.32%TD Cowen
Andrew Charles
→ $44ReiteratesOutperform → OutperformGet Alert
10/27/2023Buy Now3765.55%Morgan Stanley
John Glass
$40.2 → $41.4MaintainsEqual-WeightGet Alert
10/27/2023Buy Now4251.08%Stephens & Co.
Joshua Long
→ $46.6ReiteratesOverweight → OverweightGet Alert
10/27/2023Buy Now4101.69%Keybanc
Eric Gonzalez
$44 → $45MaintainsOverweightGet Alert
10/24/2023Buy Now4157.71%Truist Securities
Joel Fishbein
→ $45.6ReiteratesBuy → BuyGet Alert
10/23/2023Buy Now3382.73%Barclays
Jeffrey Bernstein
$39 → $37.3MaintainsEqual-WeightGet Alert
10/20/2023Buy Now4008.32%Wedbush
Nick Setyan
→ $44ReiteratesOutperform → OutperformGet Alert
10/19/2023Buy Now4335.12%Deutsche Bank
Lauren Silberman
→ $47.5Initiates → BuyGet Alert
10/18/2023Buy Now3821.58%Raymond James
Brian Vaccaro
$46 → $42MaintainsOutperformGet Alert
10/11/2023Buy Now4251.08%Stephens & Co.
Joshua Long
$48 → $46.6MaintainsOverweightGet Alert
10/11/2023Buy Now4120.36%Citigroup
Jon Tower
$47.82 → $45.2MaintainsBuyGet Alert
10/04/2023Buy Now4055%Oppenheimer
Brian Bittner
$46 → $44.5MaintainsOutperformGet Alert
09/20/2023Buy Now4157.71%Truist Securities
Jake Bartlett
$44.6 → $45.6MaintainsBuyGet Alert
09/20/2023Buy Now4008.32%TD Cowen
Andrew Charles
→ $44ReiteratesOutperform → OutperformGet Alert
09/15/2023Buy Now4064.34%Truist Securities
Jake Bartlett
→ $44.6ReiteratesBuy → BuyGet Alert
09/08/2023Buy Now4008.32%Wedbush
Nick Setyan
→ $44ReiteratesOutperform → OutperformGet Alert
07/27/2023Buy Now4064.34%Truist Securities
Jake Bartlett
$46.2 → $44.6MaintainsBuyGet Alert
07/27/2023Buy Now3653.51%Morgan Stanley
John Glass
$40.5 → $40.2MaintainsEqual-WeightGet Alert
07/27/2023Buy Now4101.69%RBC Capital
Christopher Carril
$46 → $45MaintainsOutperformGet Alert
07/27/2023Buy Now4195.06%Oppenheimer
Brian Bittner
$47 → $46MaintainsOutperformGet Alert
07/27/2023Buy Now3494.78%BMO Capital
Andrew Strelzik
$39 → $38.5MaintainsMarket PerformGet Alert
07/27/2023Buy Now3728.21%JP Morgan
John Ivankoe
$40 → $41MaintainsNeutralGet 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 Barclays on July 17, 2024. The analyst firm set a price target for $58.00 expecting CMG to rise to within 12 months (a possible 8.31% 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 Barclays, and Chipotle Mexican Grill maintained their equal-weight 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 17, 2024 so you should expect the next rating to be made available sometime around July 17, 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 $2865.00 to $58.00. The current price Chipotle Mexican Grill (CMG) is trading at is $53.55, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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