CMGCMGConsumer Cyclical · Restaurants

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

Last close, 3 Sept 2026
$38
−2.47% on the day

The 34 Wall Street analysts covering Chipotle Mexican Grill, Inc. hold a median 12-month price target of $44 — +15.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 54 of 100 as at 2 Sept 2026 — in the upper half.

Market cap
$48.7B
Ticker Nerd rank
54 / 100
Median analyst target
$44
Analysts covering
34
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
+0.9%
1M
+0.3%
YTD
+1.5%
1Y
−10.1%
From 52W high
−11.3%
From 52W low
+33.3%
$28
$42
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 2 Sept 2026
54 / 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
83
Revisions
76
Volatility
71
Accruals
64
Issuance
56
Value
49
Growth
39
Momentum
37
Size
5

Quality (83): The business earns solid, repeatable profits on what it owns.

Momentum (37): The shares have been drifting down relative to others.

Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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$55Oct 25Jan 26Apr 26Jul 26CMGHigh $53Median $44Low $35

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 says34 analysts
24 Buy10 Hold0 Sell
Low $35Median $44High $53

The green dot is the last close — the median target sits +15.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
24 Aug 2026BairdDowngradeNeutral$44$40
5 Aug 2026BTIGReiteratesBuy$45
5 Aug 2026BTIGReiteratesBuy
4 Aug 2026Argus ResearchMaintainsBuy$40$45
4 Aug 2026Argus ResearchMaintainsBuy
31 July 2026GuggenheimMaintainsNeutral
31 July 2026GuggenheimMaintainsNeutral$35$36
30 July 2026BTIGReiteratesBuy$45
30 July 2026BTIGReiteratesBuy
30 July 2026DA DavidsonMaintainsBuy
30 July 2026DA DavidsonMaintainsBuy$45$50
30 July 2026Evercore ISI GroupMaintainsOutperform
30 July 2026Evercore ISI GroupMaintainsOutperform$45$47
30 July 2026Morgan StanleyMaintainsEqual-Weight$37$39
30 July 2026Morgan StanleyMaintainsEqual-Weight
30 July 2026Piper SandlerMaintainsOverweight$42$39
30 July 2026Piper SandlerMaintainsOverweight
30 July 2026Stephens & Co.MaintainsEqual-Weight$36$40
30 July 2026Stephens & Co.MaintainsEqual-Weight
30 July 2026TD CowenReiteratesBuy$44

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CMG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 Sept 2026, Chipotle Mexican Grill, Inc. returned −10.1% against +21.4% for the S&P 500, dividends included.

CMG vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120Oct 25Jan 26Apr 26Jul 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 movingNext fiscal year
EPS revision, 90 days
+1.4%
Analysts raising
23
Analysts cutting
5
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
35.7×

Cheaper than 22% of US stocks

Price / sales
3.9×

Cheaper than 32% of US stocks

Price / book
22.2×

Cheaper than 4% of US stocks

EV / EBITDA
23.5×

Cheaper than 12% of US stocks

Growth & margins
Revenue growth (YoY)
9.3%

Higher than 50% of US stocks

Earnings growth (YoY)
−7.5%

Higher than 28% of US stocks

Gross margin
25.2%

Higher than 28% of US stocks

Operating margin
16.1%

Higher than 74% of US stocks

Net margin
11.4%

Higher than 72% of US stocks

Returns & dividend
Return on equity
49.6%

Higher than 93% of US stocks

Return on assets
13.1%

Higher than 96% of US stocks

Dividend yield

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 $48.7B and an enterprise value of $53.5B.

  • Revenue in the twelve months to 30 June 2026: $12.4B. The latest quarter grew 9.3% 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: 35.7×; forward P/E: 28.1× — the forward figure prices analyst consensus estimates, not reported 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 Sept 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.$48.7B
54
YUMYum! Brands, Inc.$42.0B
51
QSRRestaurant Brands International, Inc.$35.9B
63
DRIDarden Restaurants, Inc.$25.2B
74
SBUXStarbucks Corp.$121.4B
88
YUMCYum China Holdings, Inc.$15.8B
88
MCDMcDonald's Corp.$184.7B
63

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 Mexican Grill (CMG) Stock Falls Amid Market Uptick: What Investors Need to Know

Zacks Investment Research · 3 Sept 2026negative

Chipotle Mexican Grill (CMG) closed the recent trading session at $37.57, representing a -2.47% decline from its previous day's close. The drop occurred amid a broader market uptick, according to Zacks Investment Research.

Why it matters — A CMG watcher would care because the stock fell against an otherwise rising market, marking a notable session for the company's share price.

YUMC or CMG: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 3 Sept 2026neutral

Zacks Investment Research published an article comparing Yum China Holdings (YUMC) and Chipotle Mexican Grill (CMG) as potential value stock picks in the Retail - Restaurants sector, posing a question about which offers value investors a better opportunity right now.

Why it matters — This comparison highlights CMG as a candidate for value-focused restaurant investors, giving CMG watchers insight into how the company measures up against a peer in the sector.

CHIPOTLE ARRIVES IN ASIA WITH FIRST RESTAURANT IN SEOUL

PRNewsWire · 2 Sept 2026positive

Chipotle Mexican Grill opened its first restaurant in Asia at a location in Seoul, South Korea, in partnership with Sangmidang Holdings (formerly SPC Group). The opening marks a significant milestone in the company's global expansion, establishing South Korea as a reference market for future growth across Asia.

Why it matters — CMG watchers would care because this marks the company's entry into the Asian market through a joint venture, representing a new geographic growth avenue beyond its existing footprint.

CHIPOTLE MEXICAN GRILL TO ANNOUNCE THIRD QUARTER 2026 RESULTS ON OCTOBER 28, 2026

PRNewsWire · 1 Sept 2026neutral

Chipotle Mexican Grill announced it will host a conference call on Wednesday, October 28, 2026, at 4:30 p.m. to discuss its third-quarter 2026 results. The call will follow the company's earnings release scheduled for that date.

Why it matters — This sets the date for CMG's third-quarter earnings disclosure, which investors and analysts monitor for an update on the company's financial performance.

CHIPOTLE MARKS A BRAND FIRST WITH ALL-NEW POLLO ASADO AND THE DEBUT OF CHILI LIME CHIPS

PRNewsWire · 31 Aug 2026positive

Chipotle announced its first-ever simultaneous launch of two limited-time menu items: an all-new recipe for Pollo Asado returning August 31, and Chili Lime Chips, a new side inspired by a viral fan food hack, debuting for Rewards members on August 31 and for all guests on September 4.

Why it matters — CMG watchers would care because this is a brand-first dual limited-time menu launch, with the Chili Lime Chips stemming from a viral fan trend, potentially driving customer interest and engagement.

FAQ

Frequently asked questions about CMG stock

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

The 34 Wall Street analysts covering Chipotle Mexican Grill, Inc. have a median 12-month price target of $44, with estimates ranging from $35 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 34 analysts covering Chipotle Mexican Grill, Inc., 24 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Chipotle Mexican Grill, Inc. 54 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CMG?

As at 2 Sept 2026, Chipotle Mexican Grill, Inc. ranks 54 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 (83 of 100).

Will CMG stock go up?

No one can know that. What the data says: the median 12-month target from 34 analysts implies +15.8% from the last close, and Ticker Nerd's factor model ranks Chipotle Mexican Grill, Inc. 54 out of 100 as at 2 Sept 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: $35 to $53 over the next 12 months.

How has CMG stock performed over the past year?

Chipotle Mexican Grill, Inc. returned -10.1% over the 12 months to 3 Sept 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 (Zacks Investment Research, 3 Sept 2026): "Chipotle Mexican Grill (CMG) Stock Falls Amid Market Uptick: What Investors Need to Know". Chipotle Mexican Grill (CMG) closed the recent trading session at $37.57, representing a -2.47% decline from its previous day's close. The drop occurred amid a broader market uptick, according to Zacks Investment Research.

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