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Chipotle Mexican Grill Inc has a consensus price target of $48.55 based on the ratings of 33 analysts. The high is $65 issued by BMO Capital on July 18, 2025. The low is $35 issued by Stephens & Co. on February 4, 2026. The 3 most-recent analyst ratings were released by TD Cowen, Mizuho, and DA Davidson on March 20, 2026, March 20, 2026, and March 6, 2026, respectively. With an average price target of $45 between TD Cowen, Mizuho, and DA Davidson, there's an implied 31.86% upside for Chipotle Mexican Grill Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chipotle Mexican Grill (NYSE:CMG) was reported by TD Cowen on March 20, 2026. The analyst firm set a price target for $44.00 expecting CMG to rise to within 12 months (a possible 28.93% upside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Chipotle Mexican Grill (NYSE:CMG) was provided by TD Cowen, and Chipotle Mexican Grill reiterated their buy rating.
The last upgrade for Chipotle Mexican Grill Inc happened on March 20, 2026 when Mizuho raised their price target to $40. Mizuho previously had a neutral for Chipotle Mexican Grill Inc.
The last downgrade for Chipotle Mexican Grill Inc happened on January 22, 2026 when BWG Global changed their price target from N/A to N/A for Chipotle Mexican Grill Inc.
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 March 20, 2026 so you should expect the next rating to be made available sometime around March 20, 2027.
While ratings are subjective and will change, the latest Chipotle Mexican Grill (CMG) rating was a reiterated with a price target of $44.00 to $44.00. The current price Chipotle Mexican Grill (CMG) is trading at is $34.13, which is out of the analyst’s predicted range.