Chipotle Mexican Grill, Inc. (CMG)

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

The 27 analysts that cover Chipotle Mexican Grill stock have a consensus rating of "Buy" and an average price target of $48.7, which forecasts a 19.60% increase in the stock price over the next year. The lowest target is $35 and the highest is $65.

Price Target: $48.7 (+19.60%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35	$48.7	$46	$65
Change	-14.05%	+19.60%	+12.97%	+59.63%

Analyst Ratings

The average analyst rating for Chipotle Mexican Grill stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	6	9	10	10	10	10
Buy	12	12	11	11	11	11
Hold	6	5	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	26	27	27	27	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Vaccaro Raymond James	Raymond James	Buy Maintains $40 → $45	Buy	Maintains	$40 → $45	+10.51%	Jan 21, 2026
Sarang Vora Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $50	Buy	Maintains	$50	+22.79%	Jan 13, 2026
Nick Setyan Mizuho	Mizuho	Hold Maintains $36 → $38	Hold	Maintains	$36 → $38	-6.68%	Jan 9, 2026
Sarang Vora Telsey Advisory Group	Telsey Advisory Group	Buy Initiates $50	Buy	Initiates	$50	+22.79%	Jan 9, 2026
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $45 → $50	Strong Buy	Maintains	$45 → $50	+22.79%	Jan 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.02B

Increased by 6.28%

from 11.31B

Revenue Next Year

13.21B

Increased by 9.85%

from 12.02B

EPS This Year

1.17

Increased by 5.14%

from 1.11

EPS Next Year

1.23

Increased by 5.11%

from 1.17

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.98B	7.55B	8.63B	9.87B	11.31B	12.02B	13.21B
Revenue Growth	7.13%	26.11%	14.41%	14.33%	14.61%	6.28%	9.85%
EPS	0.25	0.46	0.64	0.89	1.11	1.17	1.23
EPS Growth	1.13%	82.91%	39.74%	39.06%	24.72%	5.14%	5.11%
Forward PE	-	-	-	-	-	34.89	33.20
No. Analysts	-	-	-	-	-	39	39

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	12.6B	14.3B
Avg	12.0B	13.2B
Low	11.6B	12.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	11.4%	18.9%
Avg	6.3%	9.8%
Low	2.6%	5.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	1.26	1.39
Avg	1.17	1.23
Low	1.08	1.11

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	13.5%	18.8%
Avg	5.1%	5.1%
Low	-2.9%	-5.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.