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

NYSE:CMG • US1696561059

Current stock price

34.21 USD
+0.31 (+0.91%)
At close:
34.201 USD
-0.01 (-0.03%)
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
$45.30
+ 32.42% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$0.24
Revenue Estimate
3.096B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.64%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$45.30
Upside
+ 32.42%
From current price of $34.21 to mean target of $45.30, Based on 44 analyst forecasts
Low
$35.35
Median
$45.90
High
$55.65

Price Target Revisions

1 Month
-0.68%
3 Months
-0.38%

Price Target Summary

44 Wall Street analysts provided a forecast for the next 12 months for CMG. The average price target is 45.3 USD. This implies a price increase of 32.42% is expected in the next year compared to the current price of 34.21.
The average price target has been revised downward by 0.38% 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 20

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
78.64%
CMG was analyzed by 44 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 44 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
2026-04-21Raymond JamesMaintains Outperform -> Outperform
2026-04-17RBC CapitalMaintains Outperform -> Outperform
2026-04-14CitigroupMaintains Buy -> Buy
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

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$0.24
Revenue Estimate
3.096B
Revenue Q2Q
7.68%
EPS Q2Q
-17.36%
Number of Analysts
36

Next Earnings Revisions

Revenue (1 Month)
0.06%
Revenue (3 Months)
-0.77%
EPS (1 Month)
0.27%
EPS (3 Months)
-12.97%

Next Earnings Summary

CMG is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 0.24 USD and the consensus revenue estimate is 3.10B USD.
The next earnings revenue estimate has been revised downward by 0.77% 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%		13.078B
9.66%		14.52B
11.03%		16.231B
11.78%		17.334B
6.80%		19B
9.61%		20.719B
9.05%		22.498B
8.59%		24.246B
7.77%
EBITDA
YoY % growth
CMG ebitda by date.CMG ebitda by date.
1.916B
30.46%		2.278B
18.94%		2.325B
2.04%		2.329B
0.19%		2.707B
16.23%		3.08B
13.78%		3.336B
8.31%		3.703B
11.00%		4.89B
32.06%		5.463B
11.72%		6.048B
10.71%
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%		3.266B
21.19%		3.747B
14.73%		4.272B
14.01%		4.795B
12.24%		5.333B
11.22%
Operating Margin
CMG operating margin by date.CMG operating margin by date.
16.17%17.18%16.46%14.80%15.72%16.60%18.84%19.72%20.62%21.31%22.00%
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
-1.04%		1.37
19.42%		1.64
19.35%		1.93
18.22%		2.24
15.93%		2.69
19.82%		3.08
14.66%		3.51
13.93%

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
-17.36%		0.33
0.02%		0.30
2.00%		0.28
12.70%		0.30
27.23%		0.39
17.38%		0.34
16.20%		0.33
17.06%		0.36
16.76%		0.46
17.96%		0.41
19.74%		0.39
17.90%
Revenue
Q2Q % growth		3.096B
7.68%		3.352B
9.42%		3.309B
10.17%		3.321B
11.31%		3.442B
11.18%		3.72B
10.98%		3.658B
10.55%		3.665B
10.36%		3.826B
11.16%		4.102B
10.27%		4.065B
11.13%		4.061B
10.80%
EBITDA
Q2Q % growth		499.26M
-12.81%		661.87M
-10.88%		597.36M
-20.70%		573.4M
-27.43%		616.32M
23.45%		761.38M
15.03%		679.08M
13.68%		657.48M
14.66%		680.16M
10.36%		848.81M
11.48%		766.03M
12.80%		743.12M
13.03%
EBIT
Q2Q % growth		410.81M
-15.37%		565.1M
0.10%		494.47M
2.04%		467.8M
9.10%		499.45M
21.58%		639.97M
13.25%		558.71M
12.99%		541.81M
15.82%		567.58M
13.64%		730.72M
14.18%		648.07M
15.99%		623.8M
15.13%

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
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
12.15%
EPS Next 5 Year
14.09%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.51%
Revenue Next 5 Year
9.58%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.06%
EBIT Next 5 Year
13.45%
→ 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)?

44 analysts have analysed CMG and the average price target is 45.3 USD. This implies a price increase of 32.42% is expected in the next year compared to the current price of 34.21.

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

CHIPOTLE MEXICAN GRILL INC (CMG) will report earnings on 2026-04-29, after the market close.

Can you provide the consensus estimates for CHIPOTLE MEXICAN GRILL INC 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 3.10B USD.

How many analysts cover CHIPOTLE MEXICAN GRILL INC (CMG) stock?

The number of analysts covering CHIPOTLE MEXICAN GRILL INC (CMG) is 44.