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.
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.
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 |
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
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
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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.
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.
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.
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.
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.
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.