William Blair Issues Negative Outlook for CMG Earnings

Key Points

• William Blair has revised their earnings per share (EPS) forecast for Chipotle Mexican Grill, projecting a decrease to $0.28 for Q3 2025 from a previous estimate of $0.29.
• Despite the earnings downgrade, analysts maintain a Moderate Buy consensus rating for Chipotle, with a consensus price target of $59.28.
• Chipotle's stock opened at $41.00, with a notable 52-week range between a low of $38.30 and a high of $66.74.

Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) - William Blair cut their Q3 2025 earnings per share estimates for Chipotle Mexican Grill in a report issued on Tuesday, October 7th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will earn $0.28 per share for the quarter, down from their previous forecast of $0.29. The consensus estimate for Chipotle Mexican Grill's current full-year earnings is $1.29 per share. William Blair also issued estimates for Chipotle Mexican Grill's Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $1.18 EPS, FY2026 earnings at $1.38 EPS and FY2027 earnings at $1.61 EPS.

CMG has been the topic of a number of other research reports. KeyCorp lowered their price objective on Chipotle Mexican Grill from $60.00 to $58.00 and set an "overweight" rating on the stock in a research report on Thursday, July 24th. Melius assumed coverage on Chipotle Mexican Grill in a research report on Monday, July 14th. They issued a "hold" rating and a $60.00 price objective on the stock. Wells Fargo & Company lowered their price objective on Chipotle Mexican Grill from $65.00 to $60.00 and set an "overweight" rating on the stock in a research report on Thursday, July 24th. Stephens reissued an "equal weight" rating and issued a $60.00 target price on shares of Chipotle Mexican Grill in a research note on Monday, September 29th. Finally, UBS Group increased their target price on Chipotle Mexican Grill from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $59.28.

Chipotle Mexican Grill Stock Performance

Shares of CMG stock opened at $41.00 on Thursday. Chipotle Mexican Grill has a 52-week low of $38.30 and a 52-week high of $66.74. The company has a market capitalization of $54.98 billion, a PE ratio of 36.61, a price-to-earnings-growth ratio of 2.09 and a beta of 0.99. The business's fifty day moving average is $41.28 and its 200 day moving average is $47.78.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 43.50% and a net margin of 13.32%.The company had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter last year, the business posted $0.34 earnings per share. The firm's revenue was up 3.0% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Operose Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the second quarter valued at about $25,000. Signature Resources Capital Management LLC bought a new position in shares of Chipotle Mexican Grill during the second quarter valued at about $28,000. Lavaca Capital LLC bought a new position in shares of Chipotle Mexican Grill during the second quarter valued at about $28,000. Cloud Capital Management LLC bought a new position in shares of Chipotle Mexican Grill during the first quarter valued at about $25,000. Finally, Activest Wealth Management grew its stake in shares of Chipotle Mexican Grill by 109.3% in the second quarter. Activest Wealth Management now owns 517 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 270 shares during the last quarter. 91.30% of the stock is owned by institutional investors.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.