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Chipotle (CMG): analyst forecast and price target

$29.89 −2.26% close 16.10.26 · market cap $38.7B · Consumercyclical · Restaurants SPY 0.06%
Price targets and ratings of

Analyst consensus

Strong Buy

20 Buy6 Hold0 Sell

Ratings of 26 analysts in the last 3 months

12-month forecast

$43.76+46.4% upside

Based on 26 price targets given in the last 3 months, the average target is $43.76, the highest $53.00, the lowest $35.00. The average is +46.4% from the last price of $29.89.

$30.00$40.00$50.00Jan 26AprJulOctJan 27AprJulOctHigh$53.00Average$43.76Low$35.00
Highest target $53.00 Average target $43.76 Lowest target $35.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Brian Vaccaro★★★★★★★★★★#2106 · hits 50% · avg +6.0% Raymond James $42.50 → $37.00−12.9% Buy +23.8% Reiterated 16.10.26on TipRanks 07:11 −1.1%
Jim Salera★★★★★★★★★★#11939 · hits 35% · avg −10.2% Stephens $40.00 → $38.00−5.0% Hold +27.1% Reiterated 15.10.26on TipRanks 07:55 −0.1%next day −1.1%
Brian Harbour★★★★★★★★★★#10941 · hits 49% · avg −2.3% Morgan Stanley $40.00 → $39.00−2.5% Hold +30.5% Assigned 15.10.26on TipRanks 06:40 −0.1%next day −1.1%
Danilo Gargiulo★★★★★★★★★★#10979 · hits 52% · avg −3.5% Bernstein $50.00 Buy +67.3% Reiterated 13.10.26on TipRanks Oct 14 06:07 −0.2%next day +1.6%
Logan Reich★★★★★★★★★★#12108 · hits 39% · avg −9.0% RBC Capital $45.00 Buy +50.6% Reiterated 29.09.26on TipRanks Sep 30 21:45 +0.3%next day +0.4% · 5 days −5.0%
John Ivankoe★★★★★★★★★★#659 · hits 63% · avg +11.5% J.P. Morgan $40.00 → $37.00−7.5% Buy +23.8% Reiterated 29.09.26on TipRanks 07:25 +0.3%next day +0.4% · 5 days −5.0%
Eric Gonzalez★★★★★★★★★★#2623 · hits 52% · avg +6.3% KeyBanc $35.00 Hold +17.1% Initiated 15.09.26on TipRanks Sep 22 21:11 −5.5%next day −2.9% · 5 days −8.7%
Sara Senatore★★★★★★★★★★#9103 · hits 47% · avg −0.1% Bank of America Securities $53.00 Buy +77.3% Reiterated 14.09.26on TipRanks 06:25 +2.7%next day −5.5% · 5 days −12.4%
Brian Harbour★★★★★★★★★★#10941 · hits 49% · avg −2.3% Morgan Stanley $39.00 Hold +30.5% Reiterated 05.09.26on TipRanks Sep 7 09:50 +0.5%next day −2.1% · 5 days −4.6%
David Tarantino CFA★★★★★★★★★★#9096 · hits 40% · avg −2.4% Robert W. Baird $44.00 → $40.00−9.1% Hold +33.8% Downgrade 24.08.26on TipRanks Aug 27 21:17 +3.3%next day −1.9% · 5 days −0.4%
Andrew Charles★★★★★★★★★★#1572 · hits 51% · avg +7.2% TD Cowen $44.00 Buy +47.2% Reiterated 05.08.26on TipRanks 15:05 +2.2%next day −2.1% · 5 days −5.7%
Dennis Geiger★★★★★★★★★★#6791 · hits 51% · avg +0.7% UBS $45.00 Buy +50.6% Reiterated 05.08.26on TipRanks 07:36 +2.2%next day −2.1% · 5 days −5.7%
Peter Saleh★★★★★★★★★★#671 · hits 61% · avg +10.3% BTIG $45.00 Buy +50.6% Reiterated 05.08.26on TipRanks 07:36 +2.2%next day −2.1% · 5 days −5.7%
Sharon Zackfia★★★★★★★★★★#4054 · hits 44% · avg +3.0% William Blair — Buy — Reiterated 04.08.26on TipRanks 16:25 +2.2%next day −2.1% · 5 days −5.7%
John Staszak★★★★★★★★★★#835 · hits 59% · avg +8.8% Argus Research $40.00 → $45.00+12.5% Buy +50.6% Reiterated 03.08.26on TipRanks Aug 4 08:32 −0.8%next day −11.5% · 5 days −16.2%
Nick Setyan★★★★★★★★★★#740 · hits 54% · avg +11.7% Mizuho Securities $41.00 → $43.00+4.9% Buy +43.9% Reiterated 31.07.26on TipRanks Aug 4 08:18 −4.1%next day −0.8% · 5 days −15.4%
Unknown Analyst Freedom Capital Markets $38.00 → $39.00+2.6% Hold +30.5% Reiterated 30.07.26on TipRanks Sep 27 14:05 +10.8%next day −4.1% · 5 days −16.1%
Gregory Francfort★★★★★★★★★★#2482 · hits 64% · avg +7.4% Guggenheim $35.00 → $36.00+2.9% Hold +20.4% Reiterated 30.07.26on TipRanks Jul 31 07:18 +10.8%next day −4.1% · 5 days −16.1%
Joe Feldman★★★★★★★★★★#1642 · hits 54% · avg +6.6% Telsey Advisory $48.00 Buy +60.6% Reiterated 30.07.26on TipRanks 12:29 +10.8%next day −4.1% · 5 days −16.1%
Matt Curtis★★★★★★★★★★#11110 · hits 38% · avg −9.6% D.A. Davidson $45.00 → $50.00+11.1% Buy +67.3% Reiterated 30.07.26on TipRanks 09:20 +10.8%next day −4.1% · 5 days −16.1%
David Palmer★★★★★★★★★★#2520 · hits 57% · avg +3.8% Evercore ISI $45.00 → $47.00+4.4% Buy +57.2% Reiterated 30.07.26on TipRanks 08:41 +10.8%next day −4.1% · 5 days −16.1%
Brian Bittner★★★★★★★★★★#1132 · hits 61% · avg +7.0% Oppenheimer $51.00 Buy +70.6% Reiterated 30.07.26on TipRanks 08:36 +10.8%next day −4.1% · 5 days −16.1%
Lauren Silberman★★★★★★★★★★#1006 · hits 67% · avg +11.3% Deutsche Bank $48.00 → $51.00+6.2% Buy +70.6% Assigned 30.07.26on TipRanks 08:25 +10.8%next day −4.1% · 5 days −16.1%
Andrew Strelzik★★★★★★★★★★#2829 · hits 53% · avg +3.8% BMO Capital $52.00 Buy +74.0% Reiterated 30.07.26on TipRanks 07:57 +10.8%next day −4.1% · 5 days −16.1%
Zachary Fadem★★★★★★★★★★#5702 · hits 54% · avg +0.9% Wells Fargo $45.00 Buy +50.6% Reiterated 30.07.26on TipRanks 07:08 +10.8%next day −4.1% · 5 days −16.1%
Brian Mullan★★★★★★★★★★#1115 · hits 62% · avg +11.2% Piper Sandler $42.00 → $39.00−7.1% Buy +30.5% Reiterated 30.07.26on TipRanks 06:55 +10.8%next day −4.1% · 5 days −16.1%
Jim Salera★★★★★★★★★★#11939 · hits 35% · avg −10.2% Stephens $36.00 → $40.00+11.1% Hold +33.8% Reiterated 30.07.26on TipRanks 06:15 +10.8%next day −4.1% · 5 days −16.1%
Greg Badishkanian★★★★★★★★★★#1529 · hits 55% · avg +8.3% Wolfe Research $40.00 Buy +33.8% Reiterated 29.07.26on TipRanks Jul 30 11:25 +3.7%next day +10.8% · 5 days −4.8%
Danilo Gargiulo★★★★★★★★★★#10979 · hits 52% · avg −3.5% Bernstein $50.00 Buy +67.3% Reiterated 15.07.26on TipRanks Jul 16 05:50 −5.3%next day −0.7% · 5 days −6.0%
Jon Tower★★★★★★★★★★#1450 · hits 57% · avg +9.8% Citi $46.00 → $45.00−2.2% Buy +50.6% Assigned 10.07.26on TipRanks Jul 12 18:25 +1.4%next day +4.7% · 5 days −0.8%
Jeff Bernstein★★★★★★★★★★#7710 · hits 53% · avg +0.1% Barclays $40.00 → $38.00−5.0% Hold +27.1% Reiterated 30.04.26on TipRanks 04:55 +2.0%next day −3.2% · 5 days −3.9%
Brian Vaccaro★★★★★★★★★★#2106 · hits 50% · avg +6.0% Raymond James $43.00 → $41.00−4.7% Buy +37.2% Reiterated 21.04.26on TipRanks 06:55 +1.3%next day −3.6% · 5 days −9.9%
Stephen J McManus★★★★★★★★★★#641 · hits 75% · avg +75.5% Exane BNP Paribas $37.00 Hold +23.8% Initiated 30.03.26on TipRanks 07:25 +1.3%next day −0.2% · 5 days +1.8%
Jake Bartlett★★★★★★★★★★#739 · hits 56% · avg +10.5% Truist Financial — Hold — Reiterated 18.03.26on TipRanks 13:00 −3.7%next day +1.2% · 5 days 0.0%
Bradley Thomas★★★★★★★★★★#516 · hits 62% · avg +13.1% KeyBanc $40.00 → $45.00+12.5% Buy +50.6% Reiterated 28.01.26on TipRanks Jan 29 00:30 −1.2%next day 0.0% · 5 days +3.3%
Jeff Farmer★★★★★★★★★★#1522 · hits 62% · avg +11.7% Gordon Haskett Capital Corporation — Hold — Downgrade 08.01.26on TipRanks 06:45 +0.8%next day +1.7% · 5 days +2.6%
Andy Barish★★★★★★★★★★#1254 · hits 54% · avg +8.1% Jefferies $44.00 → $36.00−18.2% Hold +20.4% Reiterated 15.12.25on TipRanks 06:05 −0.4%next day −0.5% · 5 days +4.6%
Jim Sanderson★★★★★★★★★★#3664 · hits 64% · avg +8.5% Northcoast Research — Hold — Downgrade 31.10.25on TipRanks 08:25 −2.9%next day −0.8% · 5 days −1.8%
Christine Cho★★★★★★★★★★#5586 · hits 59% · avg +2.2% Goldman Sachs $52.00 → $45.00−13.5% Buy +50.6% Reiterated 31.10.25on TipRanks Oct 30 07:20 −17.1%next day −2.9% · 5 days −4.7%
Unknown Analyst Roth MKM $63.00 → $53.00−15.9% Buy +77.3% Reiterated 30.10.25on TipRanks 08:20 −17.1%next day −2.9% · 5 days −4.7%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Chipotle

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Lauren Silberman★★★★★★★★★★Deutsche Bank · #1006
Hits 67%151 of 227 Average return +11.3%
1 year Nick Setyan★★★★★★★★★★Mizuho Securities · #740
Hits 54%265 of 489 Average return +11.7%
2 years Nick Setyan★★★★★★★★★★Mizuho Securities · #740
Hits 54%265 of 489 Average return +11.7%

Most profitable

3 months Sara Senatore★★★★★★★★★★Bank of America Securities · #9103
Hits 47%197 of 415 Average return −0.1%
1 year Nick Setyan★★★★★★★★★★Mizuho Securities · #740
Hits 54%265 of 489 Average return +11.7%
2 years Peter Saleh★★★★★★★★★★BTIG · #671
Hits 61%273 of 447 Average return +10.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $44.16 at a price of $31.95 (+38.2%); now: $43.76 at $29.89 (+46.4%).

$30.00$35.00$40.00$45.00Sep 15Oct 1Oct 15Top analysts$42.71Average target$43.76Price$29.89

PriceAverage targetTop analysts’ target

Recommendation trend

0204073710Oct 2573410Nov53510Dec255Jan 264310Feb4111Mar34311Apr4277May5266Jun2297Jul1337Aug348Sep1115Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy452101
Buy272629333411
Hold767785
Sell000000

Earnings and sales forecast

Next report: 28.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.29 (from $0.28 to $0.30). Last quarter: $0.33.

Sales

Next quarter’s sales estimate — $3.3B (from $3.2B to $3.3B). Last quarter: $3.3B.

Best top-analyst consensus in the sector · Consumercyclical

WYNNWynn Resorts
SWSmurfit Westrock
MODModine
SGISomnigroup International
RLRalph Lauren
About Chipotle
  • CEO: Scott Boatwright
  • Employees: 130,301
  • 610 Newport Center Drive, Newport Beach, CA, 92660, US
  • www.chipotle.com

Chipotle Mexican Grill, Inc., along with its affiliated companies, oversees the ownership and daily running of Chipotle Mexican Grill eateries. By February 15, 2022, its global presence included roughly 3,000 restaurant locations spread across the United States, Canada, the United Kingdom, France, Germany, and other parts of Europe. The company was established in 1993 and maintains its principal office in Newport Beach, California.

Data from the stock’s TipRanks forecast page, read 2 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗