Chipotle Mexican Grill (NYSE:CMG) Price Target Raised to $44.00

Chipotle Mexican Grill (NYSE:CMGFree Report) had its target price lifted by Barclays from $38.00 to $44.00 in a report released on Wednesday morning,Benzinga reports. Barclays currently has an equal weight rating on the restaurant operator’s stock.

Several other equities analysts have also recently issued reports on the stock. Northcoast Research cut shares of Chipotle Mexican Grill from a “buy” rating to a “neutral” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. cut their price objective on Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Evercore ISI reiterated an “outperform” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a report on Friday, December 19th. BMO Capital Markets reissued an “outperform” rating on shares of Chipotle Mexican Grill in a research report on Thursday, October 30th. Finally, Mizuho raised their target price on Chipotle Mexican Grill from $34.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $50.00.

View Our Latest Analysis on Chipotle Mexican Grill

Chipotle Mexican Grill Stock Up 2.3%

Shares of Chipotle Mexican Grill stock opened at $40.10 on Wednesday. The business has a 50 day moving average of $34.57 and a 200 day moving average of $41.06. Chipotle Mexican Grill has a 52 week low of $29.75 and a 52 week high of $59.57. The company has a market cap of $53.02 billion, a PE ratio of 35.49, a P/E/G ratio of 3.66 and a beta of 0.97.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last released its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter in the previous year, the business posted $0.27 earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, research analysts anticipate that Chipotle Mexican Grill will post 1.29 earnings per share for the current year.

Hedge Funds Weigh In On Chipotle Mexican Grill

Institutional investors and hedge funds have recently modified their holdings of the company. Operose Advisors LLC purchased a new stake in Chipotle Mexican Grill during the second quarter valued at $25,000. Financial Life Planners bought a new stake in shares of Chipotle Mexican Grill during the 3rd quarter valued at about $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter valued at about $26,000. Finally, 1248 Management LLC bought a new position in shares of Chipotle Mexican Grill in the 1st quarter worth approximately $27,000. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill News Roundup

Here are the key news stories impacting Chipotle Mexican Grill this week:

  • Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
  • Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
  • Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
  • Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
  • Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
  • Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
  • Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
  • Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
  • Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines

Chipotle Mexican Grill Company Profile

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Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.

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