Mizuho Raises Chipotle Mexican Grill (NYSE:CMG) Price Target to $38.00

by · The Cerbat Gem

Chipotle Mexican Grill (NYSE:CMG – Get Free Report) had its price objective upped by equities research analysts at Mizuho from $36.00 to $38.00 in a report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the restaurant operator’s stock. Mizuho’s price target points to a potential downside of 4.34% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Wells Fargo & Company cut their target price on Chipotle Mexican Grill from $55.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Raymond James Financial restated an “outperform” rating and set a $40.00 price objective (down previously from $52.00) on shares of Chipotle Mexican Grill in a report on Thursday, October 30th. TD Cowen reduced their target price on Chipotle Mexican Grill from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. BTIG Research decreased their target price on Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Finally, KeyCorp cut their price target on shares of Chipotle Mexican Grill from $52.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.00.

View Our Latest Analysis on CMG

Chipotle Mexican Grill Trading Up 1.4%

Shares of NYSE:CMG traded up $0.54 during trading on Friday, reaching $39.72. The company’s stock had a trading volume of 7,951,449 shares, compared to its average volume of 13,749,802. The stock has a market capitalization of $52.52 billion, a PE ratio of 35.16, a price-to-earnings-growth ratio of 3.79 and a beta of 0.97. Chipotle Mexican Grill has a 12 month low of $29.75 and a 12 month high of $59.57. The firm’s 50 day simple moving average is $34.40 and its two-hundred day simple moving average is $41.15.

Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its 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. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.06 billion. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. Research analysts anticipate that Chipotle Mexican Grill will post 1.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Chipotle Mexican Grill

Several institutional investors have recently bought and sold shares of CMG. Operose Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at $25,000. Financial Life Planners bought a new stake in Chipotle Mexican Grill during the third quarter valued at about $25,000. Wealth Watch Advisors INC purchased a new position in Chipotle Mexican Grill in the third quarter valued at about $25,000. Salomon & Ludwin LLC purchased a new position in Chipotle Mexican Grill in the third quarter valued at about $26,000. Finally, 1248 Management LLC bought a new position in Chipotle Mexican Grill in the first quarter worth about $27,000. 91.30% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill News Summary

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

  • Positive Sentiment: Telsey Advisory initiated coverage with an “Outperform” and $50 price target, signaling institutional support for upside from current levels. Telsey Advisory coverage (Benzinga)
  • Positive Sentiment: Truist raised its price target to $50 and carries a “Buy” rating, reinforcing recent bullish analyst momentum. Truist raises PT to $50 (TickerReport)
  • Positive Sentiment: Tapasya Fund published a favorable Q4 2025 investor letter highlighting Chipotle as a strong long-term holding, which can attract buy-and-hold institutional flows. Tapasya Fund letter (InsiderMonkey)
  • Positive Sentiment: Barclays raised its target (recently to $44) and commentary from Barclays analysts suggests expectations for a price recovery, helping sentiment. Barclays note (Benzinga)
  • Positive Sentiment: New federal nutrition guidelines prompted coverage saying they could lift fast-casual brands like Chipotle (consumers shifting away from processed options), which traders read as a potential tailwind. RFK Jr. food guidelines (CNBC)
  • Neutral Sentiment: Zacks and other outlets note heavy investor interest and a ~16% one‑month run, highlighting improved execution but flagging valuation and consumer-pressure risks — watch multiple coverage metrics. Zacks: CMG rises 16% (Zacks)
  • Neutral Sentiment: Analyses from Fool and Investopedia frame the pullback as either a buying opportunity or a value trap depending on whether comps/stores recover as expected — this keeps both rotation and patience among investors in focus. Fool: opportunity vs. trap
  • Negative Sentiment: Bernstein reiterated an “Outperform” but cut its price target from $50 to $40, a signal that some sell‑side desks are more cautious on near‑term U.S. restaurant demand — this trimmed upside expectations. Bernstein cuts PT to $40 (InsiderMonkey)

Chipotle Mexican Grill Company Profile

(Get Free Report)

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.

Featured Stories