CHIPOTLE MEXICAN GRILL INC (CMG) Forecast, Price Target & Analyst Ratings

NYSE:CMG • US1696561059

Current stock price

30.86 USD
-1.31 (-4.07%)
At close:
30.77 USD
-0.09 (-0.29%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CHIPOTLE MEXICAN GRILL INC (CMG).

Forecast Snapshot

Consensus Price Target

Price Target
$45.73
+ 48.20% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 21, 2026
Period
Q1 / 2026
EPS Estimate
$0.24
Revenue Estimate
3.094B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.60%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$45.73
Upside
+ 48.20%
From current price of $30.86 to mean target of $45.73, Based on 43 analyst forecasts
Low
$35.35
Median
$45.90
High
$55.65

Price Target Revisions

1 Month
0.26%
3 Months
2.17%

Price Target Summary

43 Wall Street analysts provided a forecast for the next 12 months for CMG. The average price target is 45.73 USD. This implies a price increase of 48.2% is expected in the next year compared to the current price of 30.86.
The average price target has been revised upward by 2.17% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CMG Current Analyst RatingCMG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

CMG Historical Analyst RatingsCMG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
78.60%
CMG was analyzed by 43 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about CMG.
In the previous month the buy percentage consensus was at a similar level.
CMG was analyzed by 43 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-20TD CowenReiterate Buy -> Buy
2026-03-20MizuhoUpgrade Neutral -> Outperform
2026-03-06DA DavidsonInitiate Buy
2026-02-05Argus ResearchReiterate Hold -> Hold
2026-02-04TD CowenReiterate Buy -> Buy
2026-02-04MizuhoMaintains Neutral -> Neutral
2026-02-04BTIGReiterate Buy -> Buy
2026-02-04KeybancMaintains Overweight -> Overweight
2026-02-04Stephens & Co.Reiterate Equal-Weight -> Equal-Weight
2026-02-04StifelMaintains Buy -> Buy
2026-02-04BarclaysMaintains Equal-Weight -> Equal-Weight
2026-02-04Telsey Advisory GroupMaintains Outperform -> Outperform
2026-02-04Wells FargoMaintains Overweight -> Overweight
2026-02-04Morgan StanleyMaintains Overweight -> Overweight
2026-02-04Piper SandlerMaintains Overweight -> Overweight
2026-02-04CitigroupMaintains Buy -> Buy
2026-02-03Stephens & Co.Reiterate Equal-Weight -> Equal-Weight
2026-01-23Piper SandlerMaintains Overweight -> Overweight
2026-01-22BWG GlobalDowngrade Positive -> Mixed
2026-01-22Wells FargoMaintains Overweight -> Overweight
2026-01-21Raymond JamesMaintains Outperform -> Outperform
2026-01-13Telsey Advisory GroupMaintains Outperform -> Outperform
2026-01-09MizuhoMaintains Neutral -> Neutral
2026-01-09Telsey Advisory GroupInitiate Outperform
2026-01-08Truist SecuritiesMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 21, 2026
Period
Q1 / 2026
EPS Estimate
$0.24
Revenue Estimate
3.094B
Revenue Q2Q
7.61%
EPS Q2Q
-17.59%
Number of Analysts
36

Next Earnings Revisions

Revenue (1 Month)
0.03%
Revenue (3 Months)
-0.83%
EPS (1 Month)
-0.68%
EPS (3 Months)
-14.11%

Next Earnings Summary

CMG is expected to report earnings on 4/21/2026. The consensus EPS estimate for the next earnings is 0.24 USD and the consensus revenue estimate is 3.09B USD.
The next earnings revenue estimate has been revised downward by 0.83% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
CMG revenue by date.CMG revenue by date.
9.872B
14.33%		11.314B
14.61%		11.926B
5.41%		13.085B
9.72%		14.534B
11.07%		16.304B
12.18%		18.035B
10.62%		19.97B
10.73%		23.242B
16.38%		25.775B
10.90%		28.428B
10.29%
EBITDA
YoY % growth
CMG ebitda by date.CMG ebitda by date.
1.916B
30.46%		2.278B
18.94%		2.325B
2.04%		2.332B
0.31%		2.712B
16.30%		3.086B
13.79%		3.384B
9.66%		3.759B
11.08%		7.763B
106.52%		8.964B
15.47%		N/A
EBIT
YoY % growth
CMG ebit by date.CMG ebit by date.
1.596B
35.09%		1.943B
21.75%		1.963B
1.03%		1.936B
-1.39%		2.282B
17.87%		2.695B
18.10%		3.24B
20.22%		3.668B
13.21%		4.111B
12.08%		4.586B
11.55%		5.096B
11.12%
Operating Margin
CMG operating margin by date.CMG operating margin by date.
16.17%17.18%16.46%14.80%15.70%16.53%17.97%18.37%17.69%17.79%17.93%
EPS
YoY % growth
CMG eps by date.CMG eps by date.
0.90
36.80%		1.13
25.63%		1.16
2.89%		1.15
-0.68%		1.38
19.40%		1.64
19.18%		2.01
22.61%		2.35
17.09%		2.86
21.67%		3.31
15.52%		3.79
14.66%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.24
-17.59%		0.33
0.26%		0.30
1.88%		0.28
12.55%		0.30
26.90%		0.39
16.68%		0.34
16.06%		0.33
17.18%		0.35
16.55%		0.45
17.73%		0.41
20.03%		0.39
17.94%
Revenue
Q2Q % growth		3.094B
7.61%		3.354B
9.49%		3.308B
10.14%		3.32B
11.28%		3.437B
11.09%		3.716B
10.79%		3.655B
10.49%		3.664B
10.36%		3.817B
11.06%		4.099B
10.31%		4.066B
11.24%		4.069B
11.05%
EBITDA
Q2Q % growth		498.19M
-13.00%		664.02M
-10.59%		597.73M
-20.65%		572.54M
-27.54%		614.47M
23.34%		760.84M
14.58%		678.95M
13.59%		657.8M
14.89%		674.91M
9.84%		848.78M
11.56%		767.68M
13.07%		746.66M
13.51%
EBIT
Q2Q % growth		409.45M
-15.65%		566.43M
0.34%		494.43M
2.03%		468.1M
9.17%		502.17M
22.65%		642.11M
13.36%		561.12M
13.49%		545.24M
16.48%		562.3M
11.97%		730.76M
13.81%		649.69M
15.78%		627.14M
15.02%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CMG Yearly Revenue VS EstimatesCMG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
CMG Yearly EPS VS EstimatesCMG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
12.22%
EPS Next 5 Year
15.20%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.68%
Revenue Next 5 Year
10.68%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.14%
EBIT Next 5 Year
13.79%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CHIPOTLE MEXICAN GRILL INC / CMG Forecast FAQ

What do analysts expect the price target to be for CHIPOTLE MEXICAN GRILL INC (CMG)?

43 analysts have analysed CMG and the average price target is 45.73 USD. This implies a price increase of 48.2% is expected in the next year compared to the current price of 30.86.

Can you provide the upcoming earnings date for CHIPOTLE MEXICAN GRILL INC?

CHIPOTLE MEXICAN GRILL INC (CMG) will report earnings on 2026-04-21, after the market close.

What are the consensus estimates for CHIPOTLE MEXICAN GRILL INC (CMG) next earnings?

The consensus EPS estimate for the next earnings of CHIPOTLE MEXICAN GRILL INC (CMG) is 0.24 USD and the consensus revenue estimate is 3.09B USD.

What is the expected long term growth rate for CMG stock?

The expected long term growth rate for CHIPOTLE MEXICAN GRILL INC (CMG) is 10.68%.