Chipotle Mexican Grill, Inc. (CMG)
NYSE: CMG · Real-Time Price · USD
35.18
+1.92 (5.77%)
At close: Nov 4, 2026, 4:00 PM EST
34.74
-0.44 (-1.25%)
After-hours: Nov 4, 2026, 7:31 PM EST

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, Chipotle Mexican Grill stock has a consensus rating of "Buy" and an average price target of $40.57. The average 1-year stock price forecast is 15.32% higher than the current stock price, while the lowest is $32 (-9.04%) and the highest is $53 (+50.65%).

Price Target: $40.57 (+15.32%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$32$40.57$40$53
Change-9.04%+15.32%+13.70%+50.65%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy212120201919
Buy544344
Hold101011121212
Sell000000
Strong Sell000000
Total363535353535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$43
BuyMaintains$43+22.23%Nov 3, 2026
UBS
UBS
Buy
Maintains
n/a
BuyMaintainsn/an/aNov 3, 2026
Telsey Advisory
Telsey Advisory
Buy
Maintains
$48 → $40
BuyMaintains$48 → $40+13.70%Oct 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$40
HoldMaintains$40+13.70%Oct 29, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$37 → $36
BuyMaintains$37 → $36+2.33%Oct 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.00B
from 11.93B
Increased by 9.00%
Revenue Next Year
14.38B
from 13.00B
Increased by 10.63%
EPS This Year
1.09
from 1.17
Decreased by -7.10%
EPS Next Year
1.33
from 1.09
Increased by 22.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
7.55B8.63B9.87B11.31B11.93B13.00B
Revenue Growth
26.11%14.41%14.33%14.61%5.41%9.00%
Operating Income
824.23M1.18B1.60B1.96B2.02B1.81B
Net Income
652.98M899.10M1.23B1.53B1.54B1.37B
EPS
----1.171.09
EPS Growth
----4.46%-7.10%
Forward PE
58.0733.8445.5148.1631.8132.37
Free Cash Flow
----1.45B1.51B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.1B
Avg13.0B
Low12.9B

Revenue Growth

Revenue Growth202620272028
High
9.7%
Avg
9.0%
Low
8.3%

EPS Forecast

EPS202620272028
High1.11
Avg1.09
Low1.07

EPS Growth

EPS Growth202620272028
High
-5.1%
Avg
-7.1%
Low
-8.5%