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Chipotle Mexican Grill Inc
NYSE:CMG

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Chipotle Mexican Grill Inc Logo
Chipotle Mexican Grill Inc
NYSE:CMG
Watchlist
Price: 2 879.5272 USD -0.83%
Updated: Apr 19, 2024
Section:
 

Wall Street
Price Targets

CMG Price Targets Summary
Chipotle Mexican Grill Inc

Wall Street analysts forecast CMG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CMG is 3 024.5734 USD with a low forecast of 2 222 USD and a high forecast of 3 570 USD.

CMG Lowest Forecast
Wall Street Target
2 222 USD
23% Downside
CMG Average Forecast
Wall Street Target
3 024.5734 USD
5% Upside
CMG Highest Forecast
Wall Street Target
3 570 USD
24% Upside
Lowest
Price Target
2 222 USD
23% Downside
Average
Price Target
3 024.5734 USD
5% Upside
Highest
Price Target
3 570 USD
24% Upside

CMG Last Price Targets
Chipotle Mexican Grill Inc

The latest public price target was made on Apr 11, 2024 by Chris O'Cull from Stifel Nicolaus , who expects CMG stock to rise by 14% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Chris O'Cull
Stifel Nicolaus
3 270 USD
Upside 14%
1 week ago
Apr 11, 2024
Chipotle price target raised to $3,270 from $2,700 at Stifel
TheFly
Dennis Geiger
UBS
3 400 USD
Upside 18%
1 week ago
Apr 11, 2024
Chipotle price target raised to $3,400 from $2,900 at UBS
TheFly
Aisling Grueninger
Piper Sandler
2 442 USD
Downside 15%
1 week ago
Apr 9, 2024
Piper Sandler Reiterates Neutral Rating on Chipotle Mexican Grill (CMG), 'Remains a Top 5 brand'
StreetInsider
John Staszak
Argus Research
3 366 USD
Upside 17%
2 weeks ago
Apr 4, 2024
Chipotle Mexican Grill (CMG) PT Raised to $3,366 at Argus
StreetInsider
Eric Gonzalez
KeyBanc
2 750 USD
Downside 4%
2 weeks ago
Apr 3, 2024
KeyBanc Reiterates Overweight Rating on Chipotle Mexican Grill (CMG)
StreetInsider
Unknown Analyst
BTIG
3 250 USD
Upside 13%
3 weeks ago
Mar 28, 2024
Chipotle Mexican Grill (CMG) PT Raised to $3,250 at BTIG
StreetInsider
Danilo Gargiulo
Bernstein
3 200 USD
Upside 11%
3 weeks ago
Mar 26, 2024
Chipotle Mexican Grill (CMG) PT Raised to $3,200 at Bernstein
StreetInsider
Nick Setyan
Wedbush
2 850 USD
Downside 1%
4 weeks ago
Mar 22, 2024
Chipotle Mexican Grill (CMG) PT Raised to $2,850 at Wedbush, 'believe a premium is justifiable'
StreetInsider
David Tarantino
Robert W. Baird
3 150 USD
Upside 9%
4 weeks ago
Mar 21, 2024
Chipotle Mexican Grill (CMG) PT Raised to $3,150 at Baird following stock split announcement
StreetInsider
Lauren Silberman
Deutsche Bank
3 300 USD
Upside 15%
4 weeks ago
Mar 20, 2024
Chipotle Mexican Grill (CMG) PT Raised to $3,300 at Deutsche Bank, 'Positioned for Continued Outperformance'
StreetInsider
Greg Badishkanian
Wolfe Research
2 850 USD
Downside 1%
1 month ago
Mar 12, 2024
Wolfe Research Reiterates Outperform Rating on Chipotle Mexican Grill (CMG)
StreetInsider
Nick Setyan
Wedbush
2 400 USD
Downside 17%
2 months ago
Feb 7, 2024
Chipotle Mexican Grill's Q4 'Was A Clean Beat,' 9 Analysts Provide Key Takeaways
Benzinga
Andrew Strelzik
Loop Capital Markets
2 400 USD
Downside 17%
2 months ago
Feb 7, 2024
Chipotle Mexican Grill's Q4 'Was A Clean Beat,' 9 Analysts Provide Key Takeaways
Benzinga
Joshua Long
Stephens
2 800 USD
Downside 3%
3 months ago
Jan 2, 2024
Chipotle Mexican Grill To Gain From Higher Traffic, Stable Beef Prices & More: Analyst
Benzinga
Brian Bittner
Oppenheimer
2 225 USD
Downside 23%
5 months ago
Oct 27, 2023
Chipotle Mexican Grill 'Stands Out From The Crowd': 6 Analysts Take Bite Into Q3 Results
Benzinga
Nick Setyan
Wedbush
2 200 USD
Downside 24%
5 months ago
Oct 27, 2023
Chipotle Mexican Grill 'Stands Out From The Crowd': 6 Analysts Take Bite Into Q3 Results
Benzinga
Joshua Long
Stephens
2 330 USD
Downside 19%
5 months ago
Oct 27, 2023
Chipotle Mexican Grill 'Stands Out From The Crowd': 6 Analysts Take Bite Into Q3 Results
Benzinga
Chipotle Mexican Grill
Wells Fargo
2 200 USD
Downside 24%
7 months ago
Sep 10, 2023
Chipotle Mexican Grill (NYSE:CMG) Stock Rating Reaffirmed by Wedbush
Defense World
Chipotle Mexican Grill
Guggenheim
1 950 USD
Downside 32%
7 months ago
Sep 10, 2023
Chipotle Mexican Grill (NYSE:CMG) Stock Rating Reaffirmed by Wedbush
Defense World
Chipotle Mexican Grill
Barclays
1 950 USD
Downside 32%
7 months ago
Sep 10, 2023
Chipotle Mexican Grill (NYSE:CMG) Stock Rating Reaffirmed by Wedbush
Defense World
Chipotle Mexican Grill
Wedbush
2 300 USD
Downside 20%
7 months ago
Sep 10, 2023
Chipotle Mexican Grill (NYSE:CMG) Stock Rating Reaffirmed by Wedbush
Defense World
Brian Bittner
Oppenheimer
2 300 USD
Downside 20%
8 months ago
Jul 27, 2023
Chipotle Mexican Grill Stock Tumbles: 5 Analysts Deep Dive Into Q2 Print, Q3 Outlook
Benzinga
Joshua Long
Stephens
2 400 USD
Downside 17%
8 months ago
Jul 27, 2023
Chipotle Mexican Grill Stock Tumbles: 5 Analysts Deep Dive Into Q2 Print, Q3 Outlook
Benzinga
Brian Bittner
Oppenheimer
2 350 USD
Downside 18%
9 months ago
Jul 17, 2023
Chipotle's Solid Cash Flow And Debt-Free Balance Sheet Augmenting Accelerating Unit Growth: Analyst
Benzinga
Eric Gonzalez
Loop Capital Markets
2 300 USD
Downside 20%
9 months ago
Jun 23, 2023
This Analyst Is Optimistic About Chipotle's Resilience Amid Inflation, Cites Strong Premium Digital Capabilities And Unit Returns
Benzinga
Eric Gonzalez
Loop Capital Markets
2 050 USD
Downside 29%
11 months ago
Apr 26, 2023
5 Chipotle Mexican Grill Analysts Dive Into 'Clean Beat' In Q1
Benzinga
Andrew Charles
Barclays
1 885 USD
Downside 35%
11 months ago
Apr 26, 2023
Chipotle Gets Price Target Hikes By Analysts Following Better-Than-Expected Q1 Earnings
Benzinga
Unknown Analyst
Raymond James
1 900 USD
Downside 34%
1 year ago
Feb 8, 2023
Raymond James Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $1900
Benzinga
Joshua Long
Stephens
1 760 USD
Downside 39%
1 year ago
Feb 8, 2023
Chipotle Shares Plunge After Q4 Print, But 4 Analysts Are Still Happy: Here's Why
Benzinga
Unknown Analyst
Wells Fargo
1 900 USD
Downside 34%
1 year ago
Feb 8, 2023
Wells Fargo Maintains Overweight on Chipotle Mexican Grill, Raises Price Target to $1900
Benzinga
Unknown Analyst
BMO Capital
1 800 USD
Downside 37%
1 year ago
Feb 8, 2023
BMO Capital Maintains Market Perform on Chipotle Mexican Grill, Raises Price Target to $1800
Benzinga
Unknown Analyst
Barclays
1 550 USD
Downside 46%
1 year ago
Feb 8, 2023
Barclays Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $1550
Benzinga
Unknown Analyst
Wedbush
2 080 USD
Downside 28%
1 year ago
Feb 8, 2023
Wedbush Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $2080
Benzinga
Unknown Analyst
Cowen & Co.
2 050 USD
Downside 29%
1 year ago
Feb 8, 2023
Cowen & Co. Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $2050
Benzinga
Unknown Analyst
Truist Financial
1 800 USD
Downside 37%
1 year ago
Feb 8, 2023
Truist Securities Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $1800
Benzinga
Unknown Analyst
Oppenheimer
1 875 USD
Downside 35%
1 year ago
Feb 3, 2023
Oppenheimer Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $1875
Benzinga
Show More Price Targets
Show Less Price Targets
Chris O'Cull
Stifel Nicolaus
Price Target 3 270 USD
Upside/Downside 14%
View Source
Dennis Geiger
UBS
Price Target 3 400 USD
Upside/Downside 18%
View Source
Aisling Grueninger
Piper Sandler
Price Target 2 442 USD
Upside/Downside 15%
View Source
John Staszak
Argus Research
Price Target 3 366 USD
Upside/Downside 17%
View Source
Eric Gonzalez
KeyBanc
Price Target 2 750 USD
Upside/Downside 4%
View Source
Unknown Analyst
BTIG
Price Target 3 250 USD
Upside/Downside 13%
View Source
Danilo Gargiulo
Bernstein
Price Target 3 200 USD
Upside/Downside 11%
View Source
Nick Setyan
Wedbush
Price Target 2 850 USD
Upside/Downside 1%
View Source
David Tarantino
Robert W. Baird
Price Target 3 150 USD
Upside/Downside 9%
View Source
Lauren Silberman
Deutsche Bank
Price Target 3 300 USD
Upside/Downside 15%
View Source
Greg Badishkanian
Wolfe Research
Price Target 2 850 USD
Upside/Downside 1%
View Source
Nick Setyan
Wedbush
Price Target 2 400 USD
Upside/Downside 17%
View Source
Andrew Strelzik
Loop Capital Markets
Price Target 2 400 USD
Upside/Downside 17%
View Source
Joshua Long
Stephens
Price Target 2 800 USD
Upside/Downside 3%
View Source
Brian Bittner
Oppenheimer
Price Target 2 225 USD
Upside/Downside 23%
View Source
Nick Setyan
Wedbush
Price Target 2 200 USD
Upside/Downside 24%
View Source
Joshua Long
Stephens
Price Target 2 330 USD
Upside/Downside 19%
View Source
Chipotle Mexican Grill
Wells Fargo
Price Target 2 200 USD
Upside/Downside 24%
View Source
Chipotle Mexican Grill
Guggenheim
Price Target 1 950 USD
Upside/Downside 32%
View Source
Chipotle Mexican Grill
Barclays
Price Target 1 950 USD
Upside/Downside 32%
View Source
Chipotle Mexican Grill
Wedbush
Price Target 2 300 USD
Upside/Downside 20%
View Source
Brian Bittner
Oppenheimer
Price Target 2 300 USD
Upside/Downside 20%
View Source
Joshua Long
Stephens
Price Target 2 400 USD
Upside/Downside 17%
View Source
Brian Bittner
Oppenheimer
Price Target 2 350 USD
Upside/Downside 18%
View Source
Eric Gonzalez
Loop Capital Markets
Price Target 2 300 USD
Upside/Downside 20%
View Source
Eric Gonzalez
Loop Capital Markets
Price Target 2 050 USD
Upside/Downside 29%
View Source
Andrew Charles
Barclays
Price Target 1 885 USD
Upside/Downside 35%
View Source
Unknown Analyst
Raymond James
Price Target 1 900 USD
Upside/Downside 34%
View Source
Joshua Long
Stephens
Price Target 1 760 USD
Upside/Downside 39%
View Source
Unknown Analyst
Wells Fargo
Price Target 1 900 USD
Upside/Downside 34%
View Source
Unknown Analyst
BMO Capital
Price Target 1 800 USD
Upside/Downside 37%
View Source
Unknown Analyst
Barclays
Price Target 1 550 USD
Upside/Downside 46%
View Source
Unknown Analyst
Wedbush
Price Target 2 080 USD
Upside/Downside 28%
View Source
Unknown Analyst
Cowen & Co.
Price Target 2 050 USD
Upside/Downside 29%
View Source
Unknown Analyst
Truist Financial
Price Target 1 800 USD
Upside/Downside 37%
View Source
Unknown Analyst
Oppenheimer
Price Target 1 875 USD
Upside/Downside 35%
View Source
Show More Price Targets
Show Less Price Targets
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Revenue
Forecast

Revenue Estimate
Chipotle Mexican Grill Inc

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's revenue is 10%. The projected CAGR for the next 3 years is 14%.

10%
Past Growth
14%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Chipotle Mexican Grill Inc

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's operating income is 9%. The projected CAGR for the next 3 years is 20%.

9%
Past Growth
20%
Estimated Growth
Estimates Accuracy
-2%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Chipotle Mexican Grill Inc

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's net income is 13%. The projected CAGR for the next 3 years is 21%.

13%
Past Growth
21%
Estimated Growth
Estimates Accuracy
-3%
Average Miss
What are analyst estimates?

See Also

Summary
CMG intrinsic value, competitors valuation, and company profile.
DCF Valuation
CMG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CMG stock valuation using valuation multiples.
Wall Street Estimates
CMG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CMG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CMG's stock price target?
Price Target
3 024.5734 USD

According to Wall Street analysts, the average 1-year price target for CMG is 3 024.5734 USD with a low forecast of 2 222 USD and a high forecast of 3 570 USD.

What is Chipotle Mexican Grill Inc's Revenue forecast?
Projected CAGR
14%

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's revenue is 10%. The projected CAGR for the next 3 years is 14%.

What is Chipotle Mexican Grill Inc's Operating Income forecast?
Projected CAGR
20%

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's operating income is 9%. The projected CAGR for the next 3 years is 20%.

What is Chipotle Mexican Grill Inc's Net Income forecast?
Projected CAGR
21%

For the last 8 years the compound annual growth rate for Chipotle Mexican Grill Inc's net income is 13%. The projected CAGR for the next 3 years is 21%.

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