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Chipotle (CMG)
NYSE:CMG
Chipotle (CMG) Stock Forecast & Price Target
6,220 Followers
See the Price Targets and Ratings of:
CMG Analyst Ratings
Moderate Buy
18 Buy
7 Hold
0 Sell
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
$67.63
▲(26.32% Upside)
| Highest Price Target$80.00 | Average Price Target$67.63 | Lowest Price Target$56.72 |
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 Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Wells Fargo
Reiterated
07/17/24
Barclays
Reiterated
07/17/24
Bank of America Securities
Reiterated
07/17/24
Piper Sandler
Assigned
07/16/24
Evercore ISI
Reiterated
07/16/24
Deutsche Numis
Assigned
07/16/24
Stephens
Reiterated
07/12/24
Truist Financial
Reiterated
07/09/24
Robert W. Baird
Reiterated
07/09/24
Stifel Nicolaus
$70
Buy
$70.00
(30.74% Upside)
Reiterated
07/09/24
Chipotle CFO Will Step Down in 2025 - TipRanks.comAnalysts, however, remain upbeat about Chipotles prospects. Truists Jake Bartlett recently reiterated a Buy rating on the stock while raising his price target to $74 from $70.4. Stifel Nicolaus Chris OCull also maintains a Buy rating on Chipotle with a $70 price target. The analyst anticipates another strong performance from the company on July 24, when it is scheduled to report its second-quarter results. The Street expects Chipotle to post an EPS of $0.31 on revenue of $2.93 billion for the quarter.
KeyBanc
$3,400→$68
Buy
$68.00
(27.01% Upside)
Reiterated
07/09/24
Chipotle price target adjusted to $68 from $3,400 at KeyBanc post-stock splitChipotle price target adjusted to $68 from $3,400 at KeyBanc post-stock split
Bernstein
$80
Buy
$80.00
(49.42% Upside)
Reiterated
06/27/24
Analysts Offer Insights on Consumer Cyclical Companies: Carvana Co (NYSE: CVNA) and Chipotle (NYSE: CMG)
Morgan Stanley
$61.69→$62
Hold
$62.00
(15.80% Upside)
Reiterated
06/27/24
Morgan Stanley Sticks to Their Hold Rating for Chipotle (CMG)
TD Cowen
$3,600→$72
Buy
$72.00
(34.48% Upside)
Reiterated
06/26/24
Chipotle Mexican Grill (CMG) PT Lowered to $72 at TD Cowen, Updating Model and Price Target Following 50:1 Stock SplitTD Cowen analyst Andrew Charles lowered the price target on Chipotle Mexican Grill (NYSE: CMG) to $72.00 (from $3,600.00) while maintaining a Buy rating.
Best Analysts Covering Chipotle
Which Analyst Should I Follow If I Want to Buy CMG and Sell After:
1 Month
xxx
Success Rate
24/38 ratings generated profit
Average Return
+2.38%
reiterated a xxx
rating 26 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 63.16% of your transactions generating a profit, with an average return of +2.38% per trade.
3 Months
xxx
Success Rate
29/38 ratings generated profit
Average Return
+7.69%
reiterated a xxx
rating 26 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 76.32% of your transactions generating a profit, with an average return of +7.69% per trade.
1 Year
Success Rate
26/32 ratings generated profit
Average Return
+34.36%
reiterated a buy rating 13 days ago
Copying Eric Gonzalez's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +34.36% per trade.
2 Years
xxx
Success Rate
30/32 ratings generated profit
Average Return
+64.05%
reiterated a xxx
rating 13 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.75% of your transactions generating a profit, with an average return of +64.05% 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
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
42
57
39
41
20
Hold
11
19
13
14
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
53
76
52
55
26
Each month's total comprises the sum of three months' worth of ratings.
CMG Financial Forecast
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 $67.63.
What is CMG’s upside potential, based on the analysts’ average price target?
Chipotle has 26.32% 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 Moderate Buy which is based on 18 buy ratings, 7 hold ratings and 0 sell ratings.
What is Chipotle’s price target?
The average price target for Chipotle is $67.63. This is based on 25 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $80.00 ,the lowest forecast is $56.72. The average price target represents 26.32% Increase from the current price of $53.54.
The highest analyst price target is $80.00 ,the lowest forecast is $56.72. The average price target represents 26.32% Increase from the current price of $53.54.
What do analysts say about Chipotle?
Chipotle’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 25 Wall Streets Analysts.
How can I buy shares of CMG?
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