Chipotle Mexican Grill Inc

Chipotle Mexican Grill Inc Stock Forecast & Price Prediction

Live Chipotle Mexican Grill Inc Stock (CMG) Price
$64.83

35

Ratings

  • Buy 24
  • Hold 10
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$64.83

P/E Ratio

60.56

Volume Traded Today

$7.3M

Dividend

Dividends not available for CMG

52 Week High/low

69.26/44.08

Chipotle Mexican Grill Inc Market Cap

$89.11B

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CMG Summary

From what 35 stock analysts predict, the share price for Chipotle Mexican Grill Inc (CMG) might decrease by 0.09% in the next year. This is based on a 12-month average estimation for CMG. Price targets go from $42 to $74. The majority of stock analysts believe CMG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CMG Analyst Ratings

About 35 Wall Street analysts have assignedCMG 24 buy ratings, 10 hold ratings, and 1 sell ratings. This means that analysts expect Chipotle Mexican Grill Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CMG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CMG stock forecast by analyst

These are the latest 20 analyst ratings of CMG.

Analyst/Firm

Rating

Price Target

Change

Date

David Palmer
Evercore ISI Group

Outperform

$72

Maintains

Dec 5, 2024
Jake Bartlett
Truist Securities

Buy

$74

Maintains

Dec 4, 2024
Logan Reich
RBC Capital

Outperform

$70

Reiterates

Nov 15, 2024
Jim Salera
Stephens & Co.

Equal-Weight

$65

Reiterates

Nov 12, 2024
Andrew Charles
TD Cowen

Buy

$68

Maintains

Oct 30, 2024
Jon Tower
Citigroup

Buy

$70

Maintains

Oct 30, 2024
Brian Mullan
Piper Sandler

Neutral

$60

Maintains

Oct 30, 2024
David Tarantino
Baird

Outperform

$70

Maintains

Oct 30, 2024
Zachary Fadem
Wells Fargo

Overweight

$67

Maintains

Oct 30, 2024
Jim Salera
Stephens & Co.

Equal-Weight

$65

Maintains

Oct 30, 2024
Jake Bartlett
Truist Securities

Buy

$72

Maintains

Oct 30, 2024
Jeffrey Bernstein
Barclays

Equal-Weight

$60

Maintains

Oct 30, 2024
Alton Stump
Loop Capital

Hold

$58

Maintains

Oct 30, 2024
Nick Setyan
Wedbush

Outperform

$69

Reiterates

Oct 30, 2024
Andrew Strelzik
BMO Capital

Market Perform

$56

Maintains

Oct 30, 2024
David Palmer
Evercore ISI Group

Outperform

$70

Maintains

Oct 15, 2024
Jake Bartlett
Truist Securities

Buy

$71

Maintains

Oct 15, 2024
Brian Mullan
Piper Sandler

Neutral

$59

Maintains

Oct 11, 2024
Jon Tower
Citigroup

Buy

$71

Maintains

Oct 2, 2024
Brian Bittner
Oppenheimer

Outperform

$65

Reiterates

Sep 30, 2024

CMG Company Information

What They Do: Operates fast-casual Mexican dining restaurants.

Business Model: The company generates revenue primarily by selling a variety of food and beverage items including burritos, tacos, and salads at its restaurants. Additionally, it enhances customer convenience and expands its reach through delivery services offered via its app and website.

Other Information: Founded in 1993, the company has established a significant presence in the United States and internationally, with operations in Canada, France, Germany, Dubai, and the UK. Its headquarters are located in Newport Beach, California.
CMG
Chipotle Mexican Grill Inc (CMG)

When did it IPO

2006

Staff Count

125,000

Country

United States

Sector/Industry

Consumer Cyclical/Restaurants

CEO

Mr. Scott Boatwright

Market Cap

$89.11B

Chipotle Mexican Grill Inc (CMG) Financial Data

In 2023, CMG generated $9.87B in revenue, which was a increase of 14.33% from the previous year. This can be seen as a signal that CMG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$5.98B

Revenue From 2021

$7.55B

26.11 %
From Previous Year

Revenue From 2022

$8.63B

14.41 %
From Previous Year

Revenue From 2023

$9.87B

14.33 %
From Previous Year
  • Revenue TTM $10.98B
  • Operating Margin TTM 17.5%
  • Gross profit TTM $2.59B
  • Return on assets TTM 14.0%
  • Return on equity TTM 45.7%
  • Profit Margin 13.5%
  • Book Value Per Share 2.65%
  • Market capitalisation $89.11B
  • Revenue for 2021 $7.55B
  • Revenue for 2022 $8.63B
  • Revenue for 2023 $9.87B
  • EPS this year (TTM) $1.08

Chipotle Mexican Grill Inc (CMG) Latest News

News Image

Sat, 07 Dec 2024

Sentiment - NEGATIVE

Source - The Motley Fool

Summary - Billionaire Ken Griffin, a notable Wall Street figure, successfully shorted stocks before the 1987 market crash, solidifying his reputation as a top investor.

Why It Matters - Ken Griffin's track record, including his prediction of the 1987 crash, signals his market insight. His strategies may influence investor sentiment and market movements.

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Investors in Chipotle Mexican Grill (NYSE: CMG) who acquired stock or options from Feb 8 to Oct 29, 2024, can apply to be lead plaintiff in a class action lawsuit by January 10, 2025.

Why It Matters - The announcement of a class action lawsuit against Chipotle could lead to increased volatility in its stock price, affecting investor confidence and potential returns.

News Image

Sat, 07 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against Chipotle Mexican Grill, Inc. (NYSE:CMG). Investors can contact Pomerantz LLP for more information.

Why It Matters - The class action lawsuit against Chipotle may lead to financial liabilities and affect stock prices, signaling potential risks for shareholders and influencing market sentiment.

News Image

Sat, 07 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Investors in Chipotle Mexican Grill (NYSE: CMG) have until January 10, 2025, to file lead plaintiff applications in a securities class action lawsuit for purchases made between February 8 and October 29, 2024.

Why It Matters - The announcement indicates potential legal risks for Chipotle, which may impact its stock price and investor confidence, especially for those affected during the specified Class Period.

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Investors in Chipotle Mexican Grill, Inc. (NYSE:CMG) who have incurred losses may explore potential recovery options under federal securities laws. More information is available via the provided link.

Why It Matters - Legal actions against Chipotle may indicate financial instability or operational issues, which could affect stock performance and investor sentiment.

News Image

Sat, 07 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Investors in Chipotle Mexican Grill, Inc. (NYSE:CMG) who experienced losses may explore potential recovery options under federal securities laws. More details are available through a legal link provided.

Why It Matters - Legal actions could impact Chipotle's stock price and investor sentiment, potentially affecting future performance and recovery prospects.

...

CMG Frequently asked questions

The highest forecasted price for CMG is $74 from David Tarantino at Baird.

The lowest forecasted price for CMG is $42 from from

The CMG analyst ratings consensus are 24 buy ratings, 10 hold ratings, and 1 sell ratings.