Chipotle Mexican Grill, Inc. (CMG)
NYSE: CMG · Real-Time Price · USD
32.89
+0.09 (0.27%)
At close: May 22, 2026, 4:00 PM EDT
32.83
-0.06 (-0.20%)
After-hours: May 22, 2026, 7:59 PM EDT
Chipotle Mexican Grill Stock Forecast
Stock Price Forecast
According to 37 analysts polled by S&P Global, Chipotle Mexican Grill stock has a consensus rating of "Buy" and an average price target of $43.38. The average 1-year stock price forecast is 31.89% higher than the current stock price, while the lowest is $35 (+6.42%) and the highest is $52 (+58.10%).
Price Target: $43.38 (+31.89%)
Analyst Consensus: Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 11 | 10 | 11 |
| Buy | 11 | 11 | 11 | 12 | 12 | 12 |
| Hold | 6 | 6 | 7 | 6 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 27 | 28 | 29 | 29 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +21.62% | May 5, 2026 |
| Guggenheim | Guggenheim | Hold Maintains $36 → $35 | Hold | Maintains | $36 → $35 | +6.42% | May 1, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $44 → $46 | Strong Buy | Maintains | $44 → $46 | +39.86% | Apr 30, 2026 |
| BNP Paribas | BNP Paribas | Hold Maintains $37 → $39 | Hold | Maintains | $37 → $39 | +18.58% | Apr 30, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $45 | Buy | Reiterates | $45 | +36.82% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
13.10B
from 11.93B
Increased by 9.86%
Revenue Next Year
14.51B
from 13.10B
Increased by 10.74%
EPS This Year
1.14
from 1.14
Increased by 0.41%
EPS Next Year
1.36
from 1.14
Increased by 19.23%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 14.0B | 15.5B | ||||||
| Avg | 13.1B | 14.5B | ||||||
| Low | 12.6B | 13.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 17.1% | 18.1% | ||||||
| Avg | 9.9% | 10.7% | ||||||
| Low | 5.5% | 5.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 1.26 | 1.55 | ||||||
| Avg | 1.14 | 1.36 | ||||||
| Low | 1.05 | 1.19 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 10.5% | 35.1% | ||||||
| Avg | 0.4% | 19.2% | ||||||
| Low | -8.0% | 3.6% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.