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CMG Stock Forecast: Chipotle Mexican Grill, Inc. Price Predictions for 2026-2027

Last close, 3 Nov 2026
$33
+1.06% on the day

The 35 Wall Street analysts covering Chipotle Mexican Grill, Inc. hold a median 12-month price target of $40 — +20.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 42 of 100 as at 3 Nov 2026 — in the lower half.

Market cap
$40.4B
Ticker Nerd rank
42/ 100
Median analyst target
$40
Analysts covering
35
Revenue$3.3B+9.3% y/y
Operating income$555.8M
Net income$403.5M
Free cash flow$463.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+18.9%
1M
+2.8%
YTD
−10.1%
1Y
+5.6%
From 52W high
−18.6%
From 52W low
+20.9%
$28
$41
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CMG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Chipotle Mexican Grill, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Nov 2026
42/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
82
Volatility
76
Accruals
60
Issuance
57
Value
54
Revisions
40
Momentum
40
Growth
40
Size
6

Quality (82): The business earns solid, repeatable profits on what it owns.

Growth (40): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (6): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CMG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CMG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$35$40$45$50$55Jan 26Apr 26Jul 26Oct 26CMGHigh $53Median $40Low $32

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says35 analysts
23 Buy12 Hold0 Sell
Low $32Median $40High $53

The green dot is the last close — the median target sits +20.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 12 moved it down.

DateFirmActionRatingTarget
29 Oct 2026BernsteinMaintainsOutperform$50 → $43
29 Oct 2026BNP ParibasMaintainsNeutral$39 → $36
29 Oct 2026BTIGReiteratesBuy$45
29 Oct 2026CitigroupMaintainsBuy$43 → $41
29 Oct 2026DA DavidsonMaintainsBuy$45
29 Oct 2026Freedom Capital MarketsMaintainsHold$39 → $35
29 Oct 2026GuggenheimMaintainsNeutral$36 → $32
29 Oct 2026JP MorganMaintainsOverweight$37 → $36
29 Oct 2026KeybancMaintainsOverweight$42 → $40
29 Oct 2026OppenheimerReiteratesOutperform$51
29 Oct 2026RBC CapitalMaintainsOutperform$45 → $40
29 Oct 2026Stephens & Co.ReiteratesEqual-Weight$38
29 Oct 2026TD CowenReiteratesHold$32
23 Oct 2026Evercore ISI GroupMaintainsOutperform$47 → $40
23 Oct 2026MizuhoMaintainsOutperform$43 → $37
21 Oct 2026TD CowenDowngradeHold$44 → $32
21 Oct 2026TD CowenDowngradeHold—
21 Oct 2026Wells FargoMaintainsOverweight$45 → $40
21 Oct 2026Wells FargoMaintainsOverweight—
19 Oct 2026CitigroupMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CMG appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

CMG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Nov 2026, Chipotle Mexican Grill, Inc. returned +5.6% against +11.6% for the S&P 500, dividends included.

CMG vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130Jan 26Apr 26Jul 26Oct 26CMGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CMG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
−5.4%
Analysts raising
3
Analysts cutting
1
Fundamentals

Chipotle Mexican Grill, Inc. (CMG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
30.7×

Cheaper than 25% of US stocks

Price / sales
3.3×

Cheaper than 36% of US stocks

Price / book
15.1×

Cheaper than 6% of US stocks

EV / EBITDA
19.9×

Cheaper than 15% of US stocks

Growth & margins
Revenue growth (YoY)
9.6%

Higher than 52% of US stocks

Earnings growth (YoY)
−11.1%

Higher than 26% of US stocks

Gross margin
25.2%

Higher than 27% of US stocks

Operating margin
14.1%

Higher than 71% of US stocks

Net margin
10.8%

Higher than 71% of US stocks

Returns & dividend
Return on equity
48.5%

Higher than 93% of US stocks

Return on assets
12.5%

Higher than 95% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Chipotle Mexican Grill, Inc. (CMG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Chipotle Mexican Grill, Inc. has a market value of $40.4B and an enterprise value of $45.0B.

  • Revenue in the twelve months to 30 June 2026: $12.4B. The latest quarter grew 9.6% year on year.

  • Net income over the same four quarters: $1.4B, a 11.4% net margin.

  • Diluted earnings per share, trailing twelve months: $1.09.

  • Free cash flow in the twelve months to 30 June 2026: $1.6B.

  • Chipotle Mexican Grill, Inc. spent $2.8B on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 1.3B.

  • Trailing P/E: 30.7×; forward P/E: 24.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Chipotle Mexican Grill, Inc. employs 140,000 people — $89K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Nov 2026

Data provided by Twelve Data

Peers

CMG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelRestaurants
CompanyMarket capTKN rank
CMGChipotle Mexican Grill, Inc.$40.4B42
YUMYum! Brands, Inc.$43.6B70
QSRRestaurant Brands International, Inc.$33.6B55
DRIDarden Restaurants, Inc.$25.1B67
YUMCYum China Holdings, Inc.$16.9B73
SBUXStarbucks Corp.$119.1B78
TXRHTexas Roadhouse, Inc.$12.2B54

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Chipotle Mexican Grill, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CMG news & analysis

Chipotle Stock: The Dip Is A Long-Term Opportunity

Seeking Alpha · 4 Nov 2026positive

Seeking Alpha describes Chipotle’s growth strategy as combining menu innovation, international expansion, evolving brand messaging and a rewards program with more than 24 million members. It says the company plans to open 350–400 stores annually, alongside low-single-digit same-store sales growth, and the author views the stock as trading below their calculated base-case value.

Why it matters — The article outlines Chipotle’s expansion plans and loyalty program, while presenting the author’s valuation view of CMG.

Chipotle Mexican Grill: Quality Growth In A Struggling Sector

Seeking Alpha · 4 Nov 2026positive

Seeking Alpha describes Chipotle as showing 9.6% revenue growth in Q3, with positive comparable sales and increased transactions despite a challenging consumer environment. It highlights localized pricing and Chipotlanes as supporting margin management and expansion plans through 2027.

Why it matters — The reported growth and operational strategies offer CMG watchers indicators of how the company is managing consumer pressures while pursuing expansion.

Chipotle: Stagnant Growth And Margin Pressure Force A Downgrade

Seeking Alpha · 3 Nov 2026negative

Seeking Alpha downgraded Chipotle from hold to a soft sell, citing declining profitability and sluggish comparable-sales growth. In Q3, operating margin fell from 15.7% to 13.7%, while store-level margin declined from 25.2% to 23.3%.

Why it matters — The item highlights pressure on CMG’s margins and growth alongside valuation metrics it describes as high.

Chipotle's COO says he looks for this problem-solving skill in future leaders

Business Insider · 3 Nov 2026neutral

Chipotle COO Jason Kidd says he looks to promote workers who demonstrate problem-solving skills. The advice is presented as a way to show leadership potential at work.

Why it matters — The comments offer insight into a leadership quality Chipotle values when considering employee promotions.

Wall Street Analysts Think Chipotle (CMG) Is a Good Investment: Is It?

Zacks Investment Research · 2 Nov 2026neutral

The article discusses how Wall Street analysts’ recommendations can inform investor decisions and how rating changes may affect a stock’s price. The headline frames the question of whether analysts view Chipotle as a good investment, but the excerpt gives no specific rating or change.

Why it matters — CMG watchers may follow analyst recommendations because rating changes can influence market attention and the stock’s price.

FAQ

Frequently asked questions about CMG stock

What is the CMG stock price forecast for 2026-2027?

The 35 Wall Street analysts covering Chipotle Mexican Grill, Inc. have a median 12-month price target of $40, with estimates ranging from $32 to $53. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CMG stock a buy right now?

Of the 35 analysts covering Chipotle Mexican Grill, Inc., 23 rate it a Buy, 12 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Chipotle Mexican Grill, Inc. 42 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CMG?

As at 3 Nov 2026, Chipotle Mexican Grill, Inc. ranks 42 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (82 of 100).

Will CMG stock go up?

No one can know that. What the data says: the median 12-month target from 35 analysts implies +20.3% from the last close, and Ticker Nerd's factor model ranks Chipotle Mexican Grill, Inc. 42 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CMG stock forecast for 2030?

No analyst covering Chipotle Mexican Grill, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CMG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $32 to $53 over the next 12 months.

How has CMG stock performed over the past year?

Chipotle Mexican Grill, Inc. returned +5.6% over the 12 months to 3 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Chipotle Mexican Grill, Inc. do?

Chipotle Mexican Grill, Inc. is a fast-casual restaurant company that operates and develops Chipotle Mexican Grill locations across the United States and select international markets.

What is the latest news on CMG?

The most recent item we track (Seeking Alpha, 4 Nov 2026): "Chipotle Stock: The Dip Is A Long-Term Opportunity". Seeking Alpha describes Chipotle’s growth strategy as combining menu innovation, international expansion, evolving brand messaging and a rewards program with more than 24 million members. It says the company plans to open 350–400 stores annually, alongside low-single-digit same-store sales growth, and the author views the stock as trading below their calculated base-case value.

Company

About Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc. is a fast-casual restaurant company that operates and develops Chipotle Mexican Grill locations across the United States and select international markets. The company focuses on Mexican-inspired menu offerings, including burritos, burrito bowls, tacos, quesadillas, and salads prepared with fresh ingredients and customizable protein, rice, bean, and topping combinations. Chipotle also provides digital ordering through its app and website, along with delivery and pickup options that support off-premise dining. Its restaurant model emphasizes speed, convenience, and made-to-order meals, making it a prominent name in the quick-service and fast-casual dining segment. Chipotle Mexican Grill serves consumers, families, and on-the-go customers seeking casual meals in a streamlined dining format.

CEO Mr. Scott Boatwright · 140,000 employees · United States · https://www.chipotle.com