Chipotle Mexican Grill, Inc. (CMG)

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

The 25 analysts that cover Chipotle Mexican Grill stock have a consensus rating of "Buy" and an average price target of $59.92, which forecasts a 39.20% increase in the stock price over the next year. The lowest target is $46 and the highest is $70.

Price Target: $59.92 (+39.20%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$46	$59.92	$60	$70
Change	+6.86%	+39.20%	+39.39%	+62.62%

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	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	11	11	9	8	8	6
Buy	10	10	10	10	12	13
Hold	7	7	7	8	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	28	26	26	27	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Vaccaro Raymond James	Raymond James	Buy Maintains $60 → $56	Buy	Maintains	$60 → $56	+30.10%	Aug 15, 2025
Brian Mullan Piper Sandler	Piper Sandler	Hold → Buy Upgrades $53 → $50	Hold → Buy	Upgrades	$53 → $50	+16.16%	Aug 12, 2025
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $64 → $60	Strong Buy	Maintains	$64 → $60	+39.39%	Jul 25, 2025
Gregory Francfort Guggenheim	Guggenheim	Hold Maintains $47 → $46	Hold	Maintains	$47 → $46	+6.86%	Jul 25, 2025
Brian Vaccaro Raymond James	Raymond James	Buy Reiterates $62 → $60	Buy	Reiterates	$62 → $60	+39.39%	Jul 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.28B

Increased by 8.57%

from 11.31B

Revenue Next Year

13.85B

Increased by 12.72%

from 12.28B

EPS This Year

1.23

Increased by 10.37%

from 1.11

EPS Next Year

1.45

Increased by 18.10%

from 1.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.98B	7.55B	8.63B	9.87B	11.31B	12.28B	13.85B	15.51B
Revenue Growth	7.13%	26.11%	14.41%	14.33%	14.61%	8.57%	12.72%	11.98%
EPS	0.25	0.46	0.64	0.89	1.11	1.23	1.45	1.71
EPS Growth	1.13%	82.91%	39.74%	39.06%	24.72%	10.37%	18.10%	17.91%
Forward PE	-	-	-	-	-	35.14	29.75	25.23
No. Analysts	-	-	-	-	-	36	36	18

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	13.1B	15.1B	17.2B
Avg	12.3B	13.8B	15.5B
Low	11.8B	13.1B	14.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.6%	23.2%	24.2%
Avg	8.6%	12.7%	12.0%
Low	4.7%	6.4%	4.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.37	1.59	1.89
Avg	1.23	1.45	1.71
Low	1.15	1.28	1.50

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	23.0%	29.4%	30.6%
Avg	10.4%	18.1%	17.9%
Low	3.3%	4.8%	3.6%

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.