Chipotle Mexican Grill (CMG) News Today

Chipotle Mexican Grill, Inc. (CMG) — Shares traded slightly higher today. Investors are weighing promotional activity and an upcoming earnings release against several analyst price‑target cuts and notes of underperformance.

• Positive Sentiment: Chipotle is bringing back its Boorito Halloween promotion (discounted $6 entrées for Rewards members plus a TikTok costume contest and other October offers) that can boost traffic and short‑term comps. Article Title
• Neutral Sentiment: Chipotle will report Q3 2025 earnings after the close on Oct. 29; that event is likely to drive volatility and be the primary near‑term catalyst for the stock. Article Title
• Neutral Sentiment: Analyst commentary is mixed on the upcoming report: Zacks previews expected earnings growth but notes Chipotle may lack the “right combination” to deliver an earnings beat, suggesting cautious expectations ahead of results. Article Title
• Negative Sentiment: Barclays cut its price target on CMG from $53 to $43 and kept an equal‑weight rating, removing upside for the stock and likely contributing to downward pressure. Article Title
• Negative Sentiment: KeyCorp trimmed its price target to $52, adding to analyst downgrades and weighing on sentiment ahead of the print. Article Title
• Negative Sentiment: Market commentary notes CMG has underperformed peers recently and traded down more than the broader market in the latest session, reflecting investor caution amid the analyst cuts and earnings uncertainty. Article Title

Bottom line for investors: promotional activity and Rewards engagement are supportive, but multiple analyst price‑target cuts and cautious earnings expectations are pressuring sentiment ahead of the Oct. 29 Q3 report—expect heightened volatility around the print.