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Chipotle (CMG)
NYSE:CMG
US Market
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Chipotle (CMG) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CMG Analyst Ratings

Strong Buy
26Ratings
Strong Buy
20 Buy
6 Hold
0 Sell
Based on 26 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 Month Forecast

Average Price Target

$44.30
▲(23.65% Upside)
Based on 26 Wall Street analysts offering 12 month price targets for Chipotle in the last 3 months. The average price target is $44.30 with a high forecast of $52.00 and a low forecast of $35.00. The average price target represents a 23.65% change from the last price of $35.83.
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Highest Price Target$52.00Average Price Target$44.30Lowest Price Target$35.00
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​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI Analyst forecast on CMG
Evercore ISI
Evercore ISI
$45
Buy
25.59%
Upside
Reiterated
04/24/26
Evercore ISI Sticks to Their Buy Rating for Chipotle (CMG)
Telsey Advisory Analyst forecast on CMG
Telsey Advisory
Telsey Advisory
$48
Buy
33.97%
Upside
Reiterated
04/24/26
Chipotle (CMG) Gets a Buy from Telsey Advisory
Bank of America Securities Analyst forecast on CMG
Bank of America Securities
Bank of America Securities
$53$50
Buy
39.55%
Upside
Reiterated
04/24/26
Chipotle price target lowered to $50 from $53 at BofAChipotle price target lowered to $50 from $53 at BofA
Raymond James Analyst forecast on CMG
Raymond James
Raymond James
$43$41
Buy
14.43%
Upside
Reiterated
04/21/26
Chipotle price target lowered to $41 from $43 at Raymond JamesChipotle price target lowered to $41 from $43 at Raymond James
RBC Capital Analyst forecast on CMG
RBC Capital
RBC Capital
$50$45
Buy
25.59%
Upside
Reiterated
04/16/26
Analysts Offer Insights on Consumer Cyclical Companies: Chipotle (NYSE: CMG), Tractor Supply (NASDAQ: TSCO) and Ulta Beauty (NASDAQ: ULTA)
TD Cowen
$44
Buy
22.80%
Upside
Assigned
04/15/26
Citi
$49$44
Buy
22.80%
Upside
Reiterated
04/14/26
Analysts' Top Consumer Cyclical Picks: Smurfit Westrock (SW), Chipotle (CMG)
Mizuho Securities Analyst forecast on CMG
Mizuho Securities
Mizuho Securities
$40
Buy
11.64%
Upside
Reiterated
04/02/26
Analysts Offer Insights on Consumer Cyclical Companies: General Motors (NYSE: GM) and Chipotle (NYSE: CMG)
Exane BNP Paribas Analyst forecast on CMG
Exane BNP Paribas
Exane BNP Paribas
$37
Hold
3.27%
Upside
Initiated
03/30/26
Chipotle initiated with a Neutral at BNP ParibasChipotle initiated with a Neutral at BNP Paribas
Truist Financial Analyst forecast on CMG
Truist Financial
Truist Financial
Hold
Reiterated
03/18/26
Analysts Offer Insights on Consumer Cyclical Companies: Chipotle (NYSE: CMG) and Bayerische Motoren Werke Aktiengesellschaft (Other OTC: BAMXF)
D.A. Davidson Analyst forecast on CMG
D.A. Davidson
D.A. Davidson
$51
Buy
42.34%
Upside
Initiated
03/06/26
Chipotle initiated with a Buy at DA DavidsonChipotle initiated with a Buy at DA Davidson
J.P. Morgan Analyst forecast on CMG
J.P. Morgan
J.P. Morgan
$40
Hold
11.64%
Upside
Reiterated
02/04/26
J.P. Morgan Keeps Their Hold Rating on Chipotle (CMG)
BTIG
$45
Buy
25.59%
Upside
Reiterated
02/04/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Toll Brothers (NYSE: TOL), Chipotle (NYSE: CMG) and Yum! Brands (NYSE: YUM)
Deutsche Bank  Analyst forecast on CMG
Deutsche Bank
Deutsche Bank
Buy
Reiterated
02/04/26
Deutsche Bank maintained its buy rating on Chipotle shares with a belief that its weak guidance for 2026 will make it easier for the company to surpass expectations. "We continue to believe CMG offers a favorable setup catalyst path in 2026," wrote analyst Lauren Silberman, "and think the company took an appropriately conservative approach to its guide with room for beats on both SSS and margins, which should help improve credibility (and sentiment)."
Piper Sandler Analyst forecast on CMG
Piper Sandler
Piper Sandler
$47$44
Buy
22.80%
Upside
Reiterated
02/04/26
Chipotle price target lowered to $44 from $47 at Piper SandlerChipotle price target lowered to $44 from $47 at Piper Sandler
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI Analyst forecast on CMG
Evercore ISI
Evercore ISI
$45
Buy
25.59%
Upside
Reiterated
04/24/26
Evercore ISI Sticks to Their Buy Rating for Chipotle (CMG)
Telsey Advisory Analyst forecast on CMG
Telsey Advisory
Telsey Advisory
$48
Buy
33.97%
Upside
Reiterated
04/24/26
Chipotle (CMG) Gets a Buy from Telsey Advisory
Bank of America Securities Analyst forecast on CMG
Bank of America Securities
Bank of America Securities
$53$50
Buy
39.55%
Upside
Reiterated
04/24/26
Chipotle price target lowered to $50 from $53 at BofAChipotle price target lowered to $50 from $53 at BofA
Raymond James Analyst forecast on CMG
Raymond James
Raymond James
$43$41
Buy
14.43%
Upside
Reiterated
04/21/26
Chipotle price target lowered to $41 from $43 at Raymond JamesChipotle price target lowered to $41 from $43 at Raymond James
RBC Capital Analyst forecast on CMG
RBC Capital
RBC Capital
$50$45
Buy
25.59%
Upside
Reiterated
04/16/26
Analysts Offer Insights on Consumer Cyclical Companies: Chipotle (NYSE: CMG), Tractor Supply (NASDAQ: TSCO) and Ulta Beauty (NASDAQ: ULTA)
TD Cowen
$44
Buy
22.80%
Upside
Assigned
04/15/26
Citi
$49$44
Buy
22.80%
Upside
Reiterated
04/14/26
Analysts' Top Consumer Cyclical Picks: Smurfit Westrock (SW), Chipotle (CMG)
Mizuho Securities Analyst forecast on CMG
Mizuho Securities
Mizuho Securities
$40
Buy
11.64%
Upside
Reiterated
04/02/26
Analysts Offer Insights on Consumer Cyclical Companies: General Motors (NYSE: GM) and Chipotle (NYSE: CMG)
Exane BNP Paribas Analyst forecast on CMG
Exane BNP Paribas
Exane BNP Paribas
$37
Hold
3.27%
Upside
Initiated
03/30/26
Chipotle initiated with a Neutral at BNP ParibasChipotle initiated with a Neutral at BNP Paribas
Truist Financial Analyst forecast on CMG
Truist Financial
Truist Financial
Hold
Reiterated
03/18/26
Analysts Offer Insights on Consumer Cyclical Companies: Chipotle (NYSE: CMG) and Bayerische Motoren Werke Aktiengesellschaft (Other OTC: BAMXF)
D.A. Davidson Analyst forecast on CMG
D.A. Davidson
D.A. Davidson
$51
Buy
42.34%
Upside
Initiated
03/06/26
Chipotle initiated with a Buy at DA DavidsonChipotle initiated with a Buy at DA Davidson
J.P. Morgan Analyst forecast on CMG
J.P. Morgan
J.P. Morgan
$40
Hold
11.64%
Upside
Reiterated
02/04/26
J.P. Morgan Keeps Their Hold Rating on Chipotle (CMG)
BTIG
$45
Buy
25.59%
Upside
Reiterated
02/04/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Toll Brothers (NYSE: TOL), Chipotle (NYSE: CMG) and Yum! Brands (NYSE: YUM)
Deutsche Bank  Analyst forecast on CMG
Deutsche Bank
Deutsche Bank
Buy
Reiterated
02/04/26
Deutsche Bank maintained its buy rating on Chipotle shares with a belief that its weak guidance for 2026 will make it easier for the company to surpass expectations. "We continue to believe CMG offers a favorable setup catalyst path in 2026," wrote analyst Lauren Silberman, "and think the company took an appropriately conservative approach to its guide with room for beats on both SSS and margins, which should help improve credibility (and sentiment)."
Piper Sandler Analyst forecast on CMG
Piper Sandler
Piper Sandler
$47$44
Buy
22.80%
Upside
Reiterated
02/04/26
Chipotle price target lowered to $44 from $47 at Piper SandlerChipotle price target lowered to $44 from $47 at Piper Sandler
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Chipotle

3 Months
xxx
Success Rate
16/22 ratings generated profit
73%
Average Return
+7.55%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 72.73% of your transactions generating a profit, with an average return of +7.55% per trade.
1 Year
Nick SetyanMizuho Securities
Success Rate
24/31 ratings generated profit
77%
Average Return
+22.14%
Copying Nick Setyan's trades and holding each position for 1 Year would result in 77.42% of your transactions generating a profit, with an average return of +22.14% per trade.
2 Years
xxx
Success Rate
29/31 ratings generated profit
94%
Average Return
+36.60%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.55% of your transactions generating a profit, with an average return of +36.60% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

CMG Analyst Recommendation Trends

Rating
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
5
0
0
0
1
Buy
35
25
43
41
31
Hold
10
5
10
11
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
50
30
53
52
39
In the current month, CMG has received 32 Buy Ratings, 7 Hold Ratings, and 0 Sell Ratings. CMG average Analyst price target in the past 3 months is 44.30.
Each month's total comprises the sum of three months' worth of ratings.

CMG Financial Forecast

CMG Earnings Forecast

Next quarter’s earnings estimate for CMG is $0.24 with a range of $0.22 to $0.26. The previous quarter’s EPS was $0.25. CMG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year CMG has Performed in-line its overall industry.
Next quarter’s earnings estimate for CMG is $0.24 with a range of $0.22 to $0.26. The previous quarter’s EPS was $0.25. CMG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year CMG has Performed in-line its overall industry.

CMG Sales Forecast

Next quarter’s sales forecast for CMG is $3.07B with a range of $3.03B to $3.13B. The previous quarter’s sales results were $2.98B. CMG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year CMG has Performed in-line its overall industry.
Next quarter’s sales forecast for CMG is $3.07B with a range of $3.03B to $3.13B. The previous quarter’s sales results were $2.98B. CMG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year CMG has Performed in-line its overall industry.

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 44.30.
    What is CMG’s upside potential, based on the analysts’ average price target?
    Chipotle has 23.65% 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 consensus rating of Strong Buy which is based on 20 buy ratings, 6 hold ratings and 0 sell ratings.
            What is Chipotle’s price target?
            The average price target for Chipotle is 44.30. This is based on 26 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $52.00 ,the lowest forecast is $35.00. The average price target represents 23.65% Increase from the current price of $35.83.
              What do analysts say about Chipotle?
              Chipotle’s analyst rating consensus is a Strong Buy. This is based on the ratings of 26 Wall Streets Analysts.
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