Chipotle (CMG)
NYSE:CMG

Chipotle (CMG) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CMG Analyst Ratings

Strong Buy
19Ratings
17 Buy
2 Hold
0 Sell
Based on 19 analysts giving stock ratings to
Chipotle
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CMG Stock 12 Months Forecast

Average Price Target

$1,843.47
▲(13.31% Upside)
Based on 19 Wall Street analysts offering 12 month price targets for Chipotle in the last 3 months. The average price target is $1,843.47 with a high forecast of $2,500.00 and a low forecast of $1,510.00. The average price target represents a 13.31% change from the last price of $1,626.96.
Highest Price Target$2,500Average Price Target$1,843Lowest Price Target$1,510
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Goldman Sachs
$1860.00
Buy
14.32%
Upside
Reiterated
UPDATE: Chipotle Mexican Grill (CMG) PT Raised to $1,860 at Goldman SachsGoldman Sachs analyst Jared Garber raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,860.00 (from $1,840.00) while maintaining a Buy rating.
Robert W. Baird
$1800.00
Buy
10.64%
Upside
Reiterated
Robert W. Baird Sticks to Its Buy Rating for Chipotle (CMG)
Stifel Nicolaus
$1750.00
Buy
7.56%
Upside
Reiterated
Stifel Nicolaus Remains a Buy on Chipotle (CMG)
Oppenheimer
$1800.00
Buy
10.64%
Upside
Reiterated
This Chipotle Analyst Sees Further Upside In 2023 As The Cost Of Dining In Overtakes Dining OutThe consensus is overly discounting the equation for margins and EPS power through 2023, the analyst said.
Morgan Stanley
$1847.00
Buy
13.52%
Upside
Reiterated
Chipotle Mexican Grill (CMG) PT Raised to $1,847 at Morgan StanleyMorgan Stanley analyst John Glass raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,847.00 (from $1,808.00) while maintaining a Overweight rating.
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CMG Financial Forecast

CMG Earnings Forecast
Next quarter’s earnings estimate for CMG is $8.92 with a range of $8.61 to $9.36. The previous quarter’s EPS was $9.51. CMG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.78% of the time in the same period. In the last calendar year CMG has Outperformed its overall industry.
Next quarter’s earnings estimate for CMG is $8.92 with a range of $8.61 to $9.36. The previous quarter’s EPS was $9.51. CMG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.78% of the time in the same period. In the last calendar year CMG has Outperformed its overall industry.
CMG Sales Forecast
Next quarter’s sales forecast for CMG is $2.24B with a range of $2.22B to $2.30B. The previous quarter’s sales results were $2.22B. CMG beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 64.86% of the time in the same period. In the last calendar year CMG has Underperformed its overall industry.
Next quarter’s sales forecast for CMG is $2.24B with a range of $2.22B to $2.30B. The previous quarter’s sales results were $2.22B. CMG beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 64.86% of the time in the same period. In the last calendar year CMG has Underperformed its overall industry.
CMG Analyst Recommendation Trends
In the current month, CMG has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CMG average analyst price target in the past 3 months is $1.84K
In the current month, CMG has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CMG average analyst price target in the past 3 months is $1.84K

CMG Stock Forecast FAQ

What is CMG’s average 12-month price target, according to analysts?
Based on analyst ratings, Chipotle’s 12-month average price target is $1,843.47.
    What is CMG’s upside potential, based on the analysts’ average price target?
    Chipotle has 13.31% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CMG a Buy, Sell or Hold?
          Chipotle has a conensus rating of Strong Buy which is based on 17 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Chipotle’s price target?
            The average price target for Chipotle is $1,843.47. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $2,500.00 ,the lowest forecast is $1,510.00. The average price target represents 13.31% Increase from the current price of $1,626.96.
              What do analysts say about Chipotle?
              Chipotle’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 19 Wall Streets Analysts.

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