Chipotle Mexican Grill, Inc. (CMG)

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Chipotle Mexican Grill stock have an average target of 65.41, with a low estimate of 54 and a high estimate of 77.76. The average target predicts an increase of 34.04% from the current stock price of 48.80.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$54	$65.41	$67	$77.76
Change	+10.66%	+34.04%	+37.30%	+59.34%

Analyst Ratings

The average analyst rating for Chipotle Mexican Grill stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	10	10	10	10	11	11
Buy	11	10	10	10	10	10
Hold	9	9	9	9	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	30	29	29	29	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Gonzalez Keybanc	Keybanc	Buy Maintains $64 → $60	Buy	Maintains	$64 → $60	+22.95%	Apr 15, 2025
Logan Reich RBC Capital	RBC Capital	Buy Maintains $70 → $65	Buy	Maintains	$70 → $65	+33.20%	Apr 14, 2025
David Tarantino Baird	Baird	Buy Maintains $68 → $62	Buy	Maintains	$68 → $62	+27.05%	Apr 7, 2025
Jon Tower Citigroup	Citigroup	Strong Buy Maintains $70 → $62	Strong Buy	Maintains	$70 → $62	+27.05%	Apr 2, 2025
John Ivankoe JP Morgan	JP Morgan	Hold Maintains $60 → $58	Hold	Maintains	$60 → $58	+18.85%	Mar 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.75B

Increased by 12.72%

from 11.31B

Revenue Next Year

14.45B

Increased by 13.30%

from 12.75B

EPS This Year

1.31

Increased by 17.76%

from 1.11

EPS Next Year

1.55

Increased by 18.64%

from 1.31

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	12.75B	14.45B	16.39B
Revenue Growth	7.13%	26.11%	14.41%	14.33%	14.61%	12.72%	13.30%	13.46%
EPS	0.25	0.46	0.64	0.89	1.11	1.31	1.55	1.85
EPS Growth	1.13%	82.91%	39.74%	39.06%	24.72%	17.76%	18.64%	19.07%
Forward PE	-	-	-	-	-	37.33	31.47	26.43
No. Analysts	-	-	-	-	-	37	35	14

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	13.5B	15.9B	18.1B
Avg	12.8B	14.4B	16.4B
Low	12.1B	13.5B	15.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.6%	24.4%	25.3%
Avg	12.7%	13.3%	13.5%
Low	7.2%	5.6%	6.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.66	1.89	2.07
Avg	1.31	1.55	1.85
Low	1.17	1.32	1.63

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	49.5%	44.6%	33.4%
Avg	17.8%	18.6%	19.1%
Low	5.1%	1.2%	4.9%

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.