Raymond James Financial Cuts Chipotle Mexican Grill (NYSE:CMG) Price Target to $41.00
by Scott Moore · The Cerbat GemChipotle Mexican Grill (NYSE:CMG – Free Report) had its target price trimmed by Raymond James Financial from $43.00 to $41.00 in a research report released on Tuesday,Benzinga reports. The firm currently has an outperform rating on the restaurant operator’s stock.
A number of other research analysts also recently commented on CMG. Sanford C. Bernstein upped their price objective on Chipotle Mexican Grill from $40.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Mizuho upgraded Chipotle Mexican Grill from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $37.00 to $40.00 in a research note on Friday, March 20th. UBS Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Monday, January 26th. Zacks Research raised Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. Finally, Argus reissued a “hold” rating on shares of Chipotle Mexican Grill in a research note on Thursday, February 5th. Twenty-three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus target price of $46.47.
Chipotle Mexican Grill Price Performance
Shares of CMG opened at $33.91 on Tuesday. The company has a market cap of $44.17 billion, a P/E ratio of 29.75, a PEG ratio of 2.14 and a beta of 1.06. The stock has a fifty day moving average price of $34.76 and a 200 day moving average price of $36.23. Chipotle Mexican Grill has a 12 month low of $29.75 and a 12 month high of $58.42.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $2.96 billion. Chipotle Mexican Grill had a return on equity of 47.99% and a net margin of 12.88%.The firm’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.25 EPS. As a group, research analysts anticipate that Chipotle Mexican Grill will post 1.14 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Salomon & Ludwin LLC bought a new position in shares of Chipotle Mexican Grill in the third quarter worth $26,000. Wealth Watch Advisors INC acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at $25,000. Financial Life Planners acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at $25,000. MV Capital Management Inc. acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at $26,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at $29,000. Institutional investors own 91.30% of the company’s stock.
Key Stories Impacting Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Analyst raised their Q2 EPS estimate for CMG, which could support expectations for an upcoming quarter that beats consensus and help near-term sentiment. Q2 EPS Estimate for Chipotle Mexican Grill Lifted by Analyst
- Positive Sentiment: Coverage that groups CMG with other restaurants showing “strong earnings surprise potential” highlights demand resilience, digital sales growth and menu innovation as upside catalysts for Q1/FY26 results. This framing supports investor expectations for earnings upside. 4 Restaurant Stocks Showing Strong Earnings Surprise Potential
- Positive Sentiment: Multiple Zacks pieces argue Chipotle has the setup to beat estimates again (history of surprises + favorable demand/digital trends), which could underpin medium-term share support if upcoming results match expectations. Chipotle Expected to Beat Earnings Estimates
- Neutral Sentiment: Several “trending stock” articles recap why CMG is widely watched (high interest from retail and institutional investors). That attention increases volatility but doesn’t change fundamentals on its own. Here is What to Know Beyond Why Chipotle is a Trending Stock
- Negative Sentiment: Raymond James cut its price target on CMG to $41.00, a move that can pressure sentiment and provide sellers with a catalyst amid an already volatile tape. Raymond James Lowers Chipotle Price Target
- Negative Sentiment: A Zacks recap explains why CMG fell more than the broader market today, pointing to the mix of negative headlines/analyst actions and heavier-than-normal volume as drivers of the intraday decline. Here’s Why Chipotle Fell More Than Broader Market
About Chipotle Mexican Grill
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.