Chipotle Mexican Grill, Inc. (CMG)
NYSE: CMG · Real-Time Price · USD
32.23
+0.98 (3.14%)
At close: Jun 12, 2026, 4:00 PM EDT
32.16
-0.07 (-0.22%)
After-hours: Jun 12, 2026, 7:59 PM EDT

Chipotle Mexican Grill Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, Chipotle Mexican Grill stock has a consensus rating of "Buy" and an average price target of $42.88. The average 1-year stock price forecast is 33.04% higher than the current stock price, while the lowest is $35 (+8.59%) and the highest is $52 (+61.34%).

Price Target: $42.88 (+33.04%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$35$42.88$42$52
Change+8.59%+33.04%+30.31%+61.34%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy222223222121
Buy445445
Hold121211121110
Sell000000
Strong Sell000000
Total383839383636

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Upgrades
$38$35
BuyUpgrades$38$35+8.59%Jun 5, 2026
Bernstein
Bernstein
Buy
Maintains
$50
BuyMaintains$50+55.13%Jun 3, 2026
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$49$37
HoldDowngrades$49$37+14.80%Jun 3, 2026
UBS
UBS
Buy
Maintains
$45
BuyMaintains$45+39.62%Jun 1, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$45
BuyMaintains$45+39.62%May 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.98B
from 11.93B
Increased by 8.86%
Revenue Next Year
14.38B
from 12.98B
Increased by 10.75%
EPS This Year
1.13
from 1.17
Decreased by -3.07%
EPS Next Year
1.36
from 1.13
Increased by 19.62%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
7.55B8.63B9.87B11.31B11.93B12.98B
Revenue Growth
26.11%14.41%14.33%14.61%5.41%8.86%
Gross Profit
2.90B3.37B4.01B4.59B4.78B3.10B
Gross Margin
38.48%39.08%40.67%40.54%40.10%23.85%
Operating Income
824.23M1.18B1.60B1.96B2.02B1.90B
Net Income
652.98M899.10M1.23B1.53B1.54B1.44B
EPS
----1.171.13
EPS Growth
----4.46%-3.07%
Forward PE
58.0733.8445.5148.1631.8128.42
Free Cash Flow
704.52M703.12M927.68M1.17B1.01B1.50B
No. Analysts
-----34
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.3B
Avg13.0B
Low12.8B

Revenue Growth

Revenue Growth202620272028
High
11.5%
Avg
8.9%
Low
7.0%

EPS Forecast

EPS202620272028
High1.21
Avg1.13
Low1.07

EPS Growth

EPS Growth202620272028
High
3.4%
Avg
-3.1%
Low
-8.5%