Chipotle Mexican Grill, Inc. (CMG)

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

The 28 analysts that cover Chipotle Mexican Grill stock have a consensus rating of "Buy" and an average price target of $47.43, which forecasts a 44.78% increase in the stock price over the next year. The lowest target is $35 and the highest is $65.

Price Target: $47.43 (+44.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35	$47.43	$45	$65
Change	+6.84%	+44.78%	+37.36%	+98.41%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	10	10	10	10	10	11
Buy	11	11	11	11	11	12
Hold	6	6	6	6	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	27	27	27	28	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew M. Charles TD Cowen	TD Cowen	Strong Buy Reiterates $44	Strong Buy	Reiterates	$44	+34.31%	Mar 20, 2026
Nick Setyan Mizuho	Mizuho	Hold → Buy Upgrades $37 → $40	Hold → Buy	Upgrades	$37 → $40	+22.10%	Mar 20, 2026
Matt Curtis DA Davidson	DA Davidson	Strong Buy Initiates $51	Strong Buy	Initiates	$51	+55.68%	Mar 6, 2026
John Staszak Argus Research	Argus Research	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Feb 5, 2026
Jon Tower Citigroup	Citigroup	Strong Buy Maintains $48 → $49	Strong Buy	Maintains	$48 → $49	+49.57%	Feb 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.09B

Increased by 9.72%

from 11.93B

Revenue Next Year

14.53B

Increased by 11.07%

from 13.09B

EPS This Year

1.15

Increased by 1.06%

from 1.14

EPS Next Year

1.38

Increased by 19.40%

from 1.15

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	7.55B	8.63B	9.87B	11.31B	11.93B	13.09B	14.53B
Revenue Growth	26.11%	14.41%	14.33%	14.61%	5.41%	9.72%	11.07%
EPS	0.46	0.64	0.89	1.11	1.14	1.15	1.38
EPS Growth	82.91%	39.74%	39.06%	24.72%	2.70%	1.06%	19.40%
Forward PE	-	-	-	-	-	28.44	23.82
No. Analysts	-	-	-	-	-	41	40

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	13.8B	15.6B
Avg	13.1B	14.5B
Low	12.5B	13.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	15.9%	18.9%
Avg	9.7%	11.1%
Low	5.2%	6.0%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	1.33	1.54
Avg	1.15	1.38
Low	1.05	1.24

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	17.0%	34.0%
Avg	1.1%	19.4%
Low	-8.0%	8.0%

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.