CHIPOTLE MEXICAN GRILL INC (CMG) Forecast, Price Target & Analyst Ratings
NYSE:CMG • US1696561059
35.37 USD
-1.69 (-4.56%)
At close: Mar 6, 2026
35.31 USD
-0.06 (-0.17%)
After Hours: 3/6/2026, 8:08:53 PM
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
$45.61
+ 28.96% Upside
Next Earnings Forecast
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate$0.24
Revenue Estimate3.093B
ChartMill Buy Consensus
78.57%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$45.61
Upside
+ 28.96%
From current price of $35.37 to mean target of $45.61, Based on 42 analyst forecasts
Low
$35.35
Median
$45.90
High
$55.65
Price Target Revisions
1 Month
0.30%
3 Months
-0.30%
Price Target Summary
42 analysts have analysed CMG and the average price target is 45.61 USD. This implies a price increase of 28.96% is expected in the next year compared to the current price of 35.37.
The average price target has been revised downward by 0.3% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
78.57%
CMG was analyzed by 42 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 42 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-03-06 | DA Davidson | Initiate | Buy |
| 2026-02-05 | Argus Research | Reiterate | Hold -> Hold |
| 2026-02-04 | TD Cowen | Reiterate | Buy -> Buy |
| 2026-02-04 | Mizuho | Maintains | Neutral -> Neutral |
| 2026-02-04 | BTIG | Reiterate | Buy -> Buy |
| 2026-02-04 | Keybanc | Maintains | Overweight -> Overweight |
| 2026-02-04 | Stephens & Co. | Reiterate | Equal-Weight -> Equal-Weight |
| 2026-02-04 | Stifel | Maintains | Buy -> Buy |
| 2026-02-04 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2026-02-04 | Telsey Advisory Group | Maintains | Outperform -> Outperform |
| 2026-02-04 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-04 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2026-02-04 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2026-02-04 | Citigroup | Maintains | Buy -> Buy |
| 2026-02-03 | Stephens & Co. | Reiterate | Equal-Weight -> Equal-Weight |
| 2026-01-23 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2026-01-22 | BWG Global | Downgrade | Positive -> Mixed |
| 2026-01-22 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-01-21 | Raymond James | Maintains | Outperform -> Outperform |
| 2026-01-13 | Telsey Advisory Group | Maintains | Outperform -> Outperform |
| 2026-01-09 | Mizuho | Maintains | Neutral -> Neutral |
| 2026-01-09 | Telsey Advisory Group | Initiate | Outperform |
| 2026-01-08 | Truist Securities | Maintains | Buy -> Buy |
| 2026-01-07 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2026-01-05 | Bernstein | Maintains | Outperform -> Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate$0.24
Revenue Estimate3.093B
Revenue Q2Q7.57%
EPS Q2Q-17.02%
Number of Analysts36
Next Earnings Revisions
Revenue (1 Month)
-0.87%
Revenue (3 Months)
-0.87%
EPS (1 Month)
-12.61%
EPS (3 Months)
-13.17%
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 0.87% in the past 3 months.
Full Analyst Estimates
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 | 9.872B 14.33% | 11.314B 14.61% | 11.926B 5.41% | 13.092B 9.78% | 14.539B 11.05% | 16.263B 11.86% | 18.035B 10.90% | 19.97B 10.73% | 23.242B 16.38% | 25.775B 10.90% | 28.428B 10.29% | |
| EBITDA YoY % growth | 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 | 1.596B 35.09% | 1.943B 21.75% | 1.963B 1.03% | 1.94B -1.19% | 2.288B 17.94% | 2.692B 17.66% | 3.24B 20.36% | 3.668B 13.21% | 4.111B 12.08% | 4.586B 11.55% | 5.096B 11.12% | |
| Operating Margin | 16.17% | 17.18% | 16.46% | 14.82% | 15.74% | 16.55% | 17.97% | 18.37% | 17.69% | 17.79% | 17.93% | |
| EPS YoY % growth | 0.90 36.80% | 1.13 25.63% | 1.16 2.89% | 1.23 6.06% | 1.46 18.54% | 1.76 20.79% | 2.01 14.10% | 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 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.24 -17.02% | 0.34 3.39% | 0.31 6.22% | 0.29 14.22% | 0.32 33.47% | 0.40 17.61% | 0.35 13.91% | 0.32 11.37% |
| Revenue Q2Q % growth | 3.093B 7.57% | 3.36B 9.68% | 3.35B 11.54% | 3.346B 12.15% | 3.448B 11.48% | 3.752B 11.67% | 3.703B 10.54% | 3.676B 9.86% |
| EBITDA Q2Q % growth | 496.65M -13.27% | 663.49M -10.66% | 621.01M -17.56% | 575.28M -27.19% | 644.54M 29.78% | 797.08M 20.13% | 710.57M 14.42% | 650.88M 13.14% |
| EBIT Q2Q % growth | 411.78M -15.17% | 569.4M 0.86% | 522.71M 7.87% | 483.27M 12.71% | 535.33M 30.00% | 672.94M 18.18% | 585.79M 12.07% | 528.99M 9.46% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
14.94%
EPS Next 5 Year
15.20%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
10.58%
Revenue Next 5 Year
10.68%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
16.14%
EBIT Next 5 Year
13.79%
CHIPOTLE MEXICAN GRILL INC / CMG Forecast FAQ
What do analysts expect the price target to be for CHIPOTLE MEXICAN GRILL INC (CMG)?
42 analysts have analysed CMG and the average price target is 45.61 USD. This implies a price increase of 28.96% is expected in the next year compared to the current price of 35.37.
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 10.58%.