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Chipotle Mexican Grill (CMG) Stock Forecast & Price Target

Chipotle Mexican Grill logo
$39.51 -0.30 (-0.76%)
As of 10:42 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Chipotle Mexican Grill - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
0
Hold
8
Buy
23

Based on 31 Wall Street analysts who have issued ratings for Chipotle Mexican Grill in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 31 analysts, 8 have given a hold rating, 21 have given a buy rating, and 2 have given a strong buy rating for CMG.

Consensus Price Target

$59.76
51.26% Upside
According to the 31 analysts' twelve-month price targets for Chipotle Mexican Grill, the average price target is $59.76. The highest price target for CMG is $73.00, while the lowest price target for CMG is $46.00. The average price target represents a forecasted upside of 51.26% from the current price of $39.51.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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CMG Analyst Ratings Over Time

TypeCurrent Forecast
9/19/24 to 9/19/25
1 Month Ago
8/20/24 to 8/20/25
3 Months Ago
6/21/24 to 6/21/25
1 Year Ago
9/20/23 to 9/19/24
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
21 Buy rating(s)
19 Buy rating(s)
19 Buy rating(s)
18 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$59.76$60.22$60.79$62.36
Forecasted Upside51.26% Upside39.77% Upside15.11% Upside7.61% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

CMG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Chipotle Mexican Grill Stock vs. The Competition

TypeChipotle Mexican GrillRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.81
2.46
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside50.94% Upside42.38% Upside11.11% Upside
News Sentiment Rating
Positive News

See Recent CMG News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/19/2025TD Cowen
4 of 5 stars
Reiterated RatingBuy$58.00+45.62%
9/11/2025Stephens
4 of 5 stars
Jim Salera
Jim Salera
Not Rated
Reiterated RatingEqual Weight$60.00+54.92%
9/9/2025Stifel Nicolaus
4 of 5 stars
Chris O'Cull
Chris O'Cull
Not Rated
Lower TargetBuy$65.00 ➝ $60.00+51.68%
9/5/2025BTIG Research
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Reiterated RatingBuy$57.00+37.75%
9/3/2025Rothschild Redb
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 UpgradeHoldStrong-Buy
9/3/2025Rothschild & Co Redburn
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UpgradeNeutralBuy$55.00+31.73%
8/15/2025Raymond James Financial
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Lower TargetOutperform$60.00 ➝ $56.00+27.75%
8/12/2025Piper Sandler
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UpgradeNeutralOverweight$53.00 ➝ $50.00+20.12%
7/25/2025Truist Financial
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Lower TargetBuy$64.00 ➝ $60.00+29.12%
7/25/2025Guggenheim
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Lower TargetNeutral$47.00 ➝ $46.00+0.58%
7/24/2025Wells Fargo & Company
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Lower TargetOverweight$65.00 ➝ $60.00+28.98%
7/24/2025Citigroup
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Lower TargetBuy$68.00 ➝ $62.00+33.20%
7/24/2025KeyCorp
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Lower TargetOverweight$60.00 ➝ $58.00+9.86%
7/24/2025Barclays
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Lower TargetEqual Weight$55.00 ➝ $53.00+0.39%
7/24/2025Robert W. Baird
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Lower TargetOutperform$62.00 ➝ $59.00+11.75%
7/18/2025BMO Capital Markets
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UpgradeMarket PerformOutperform$56.00 ➝ $65.00+21.44%
7/17/2025UBS Group
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Boost TargetBuy$60.00 ➝ $65.00+21.69%
7/14/2025Melius
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 Initiated CoverageHold$60.00+7.14%
6/18/2025TD Securities
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Reiterated RatingBuy$57.00+10.92%
6/10/2025Redburn Atlantic
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Initiated CoverageNeutral$55.00+7.53%
5/29/2025JPMorgan Chase & Co.
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Lower TargetNeutral$58.00 ➝ $54.00+6.92%
4/28/2025Argus
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DowngradeBuyHold
4/24/2025Loop Capital
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Lower TargetBuy$65.00 ➝ $63.00+27.27%
4/24/2025Royal Bank Of Canada
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Lower TargetOutperform$65.00 ➝ $60.00+21.69%
4/24/2025Morgan Stanley
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 Lower TargetOverweight$67.00 ➝ $65.00+32.56%
4/24/2025Evercore ISI
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Lower TargetOutperform$64.00 ➝ $57.00+16.86%
2/5/2025Wedbush
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Lower TargetOutperform$69.00 ➝ $64.00+8.29%
2/5/2025Cfra
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 UpgradeBuyStrong-Buy$59.00 ➝ $73.00+23.52%
1/28/2025Sanford C. Bernstein
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Reiterated RatingOutperform$70.00 ➝ $70.00+20.08%
1/7/2025Oppenheimer
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 Boost TargetOutperform$65.00 ➝ $69.00+17.43%
12/16/2024Jefferies Financial Group
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 Boost TargetHold$56.00 ➝ $62.00-4.16%
8/14/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy$67.00 ➝ $67.00+29.64%
7/25/2024The Goldman Sachs Group
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Lower TargetBuy$74.60 ➝ $67.00+33.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:42 AM ET.


Should I Buy Chipotle Mexican Grill Stock? CMG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 16, 2025. Please send any questions or comments about these Chipotle Mexican Grill pros and cons to contact@marketbeat.com.

Chipotle Mexican Grill
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Chipotle Mexican Grill, Inc.:

  • The current stock price is around $38.65, which may present a buying opportunity for investors looking for value in the fast-casual dining sector.
  • Chipotle Mexican Grill, Inc. reported a quarterly revenue increase of 3.0% compared to the same quarter last year, indicating steady growth in sales.
  • The company has a strong return on equity of 43.50%, suggesting effective management and profitability relative to shareholder equity.
  • Analysts have a consensus rating of "Moderate Buy" with a target price of approximately $59.76, indicating potential upside for investors.
  • Chipotle Mexican Grill, Inc. has a diverse menu that includes popular items like burritos and tacos, which helps attract a wide customer base and drive sales.

Chipotle Mexican Grill
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Chipotle Mexican Grill, Inc. for these reasons:

  • Recent price target reductions by analysts, such as from $65.00 to $60.00, may indicate concerns about the company's future performance.
  • The company reported earnings per share of $0.33, which, while above estimates, reflects a slight decline from $0.34 in the same quarter last year.
  • Chipotle Mexican Grill, Inc. has a relatively high P/E ratio of 34.51, which may suggest that the stock is overvalued compared to its earnings.
  • Market volatility and economic conditions can impact consumer spending in the restaurant sector, potentially affecting Chipotle's sales.
  • Competition in the fast-casual dining space is intense, which could pressure Chipotle's market share and profitability moving forward.

CMG Forecast - Frequently Asked Questions

According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Chipotle Mexican Grill is $59.76, with a high forecast of $73.00 and a low forecast of $46.00.

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 8 hold ratings, 21 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMG shares.

According to analysts, Chipotle Mexican Grill's stock has a predicted upside of 51.26% based on their 12-month stock forecasts.

Over the previous 90 days, Chipotle Mexican Grill's stock had 4 upgrades by analysts.

Analysts like Chipotle Mexican Grill more than other "retail/wholesale" companies. The consensus rating for Chipotle Mexican Grill is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how CMG compares to other companies.


This page (NYSE:CMG) was last updated on 9/19/2025 by MarketBeat.com Staff
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