What is the analyst consensus rating for CMG?

The analyst consensus rating for CMG is "Buy" based on 29 analyst recommendations.

What is the average price target for CMG?

The average 12-month price target for CMG is $45.60, representing an upside of 37.5% from the current price of $33.16.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Chipotle Mexican Grill, Inc. (CMG) Forecast: Analyst Ratings & Targets

Latest CMG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Mar 20, 2026	Nick Setyan	Mizuho	Upgrades	Buy	$37.00 → $40.00 +3.00 (8.1%)
Mar 20, 2026	Andrew M. Charles	TD Cowen	Reiterates	Strong Buy	$44.00 → $44.00 +0.00 (0.0%)
Mar 6, 2026	Matt Curtis	DA Davidson	Initiates	Strong Buy	$51.00
Feb 5, 2026	John Staszak	Argus Research	Reiterates	Hold	-
Feb 4, 2026	Sarang Vora	Telsey Advisory	Maintains	Buy	$48.00 → $48.00 +0.00 (0.0%)
Feb 4, 2026	Eric Gonzalez	Keybanc	Maintains	Buy	$45.00 → $42.00 -3.00 (-6.7%)
Feb 4, 2026	Jim Salera	Stephens	Reiterates	Hold	$35.00 → $35.00 +0.00 (0.0%)
Feb 4, 2026	Gregory Francfort	Guggenheim	Reiterates	Hold	$37.00 → $36.00 -1.00 (-2.7%)
Feb 4, 2026	Chris O'Cull	Stifel	Maintains	Strong Buy	$50.00 → $45.00 -5.00 (-10.0%)
Feb 4, 2026	Sharon Zackfia	William Blair	Maintains	Buy	-
Feb 4, 2026	Nick Setyan	Mizuho	Maintains	Hold	$38.00 → $37.00 -1.00 (-2.6%)
Feb 4, 2026	Brian Mullan	Piper Sandler	Maintains	Buy	$47.00 → $44.00 -3.00 (-6.4%)
Feb 4, 2026	Peter Saleh	BTIG	Reiterates	Strong Buy	$45.00 → $45.00 +0.00 (0.0%)
Feb 4, 2026	Lauren Silberman	Deutsche Bank	Maintains	Buy	-
Feb 4, 2026	Eric Gonzalez	KeyBanc	Maintains	Buy	$42.00
Feb 4, 2026	Andrew M. Charles	TD Cowen	Reiterates	Strong Buy	$44.00 → $44.00 +0.00 (0.0%)
Feb 4, 2026	Jeffrey Bernstein	Barclays	Maintains	Hold	$44.00 → $40.00 -4.00 (-9.1%)
Feb 4, 2026	Sara Senatore	BofA Securities	Maintains	Buy	$55.00 → $53.00 -2.00 (-3.6%)
Feb 4, 2026	Andrew Strelzik	BMO Capital	Maintains	Buy	$55.00 → $52.00 -3.00 (-5.5%)
Feb 4, 2026	Jon Tower	Citi	Maintains	Strong Buy	$48.00 → $49.00 +1.00 (2.1%)
Feb 4, 2026	Zachary Fadem	Wells Fargo	Maintains	Buy	$50.00 → $45.00 -5.00 (-10.0%)
Feb 4, 2026	Brian Bittner	Oppenheimer	Reiterates	Buy	$51.00
Feb 4, 2026	David Palmer	Evercore ISI Group	Maintains	Buy	$45.00
Feb 4, 2026	Brian Harbour	Morgan Stanley	Maintains	Buy	$50.00 → $49.00 -1.00 (-2.0%)
Feb 3, 2026	Jim Salera	Stephens	Reiterates	Hold	$35.00 → $35.00 +0.00 (0.0%)
Feb 3, 2026	Danilo Gargiulo	Bernstein	Maintains	Buy	$50.00
Feb 3, 2026	Andrew Charles	TD Cowen	Initiates Coverage	Buy	$44.00
Feb 3, 2026	Zachary Fadem	Wells Fargo	Maintains	Buy	$50.00 → $45.00 -5.00 (-10.0%)
Feb 3, 2026	Logan Reich	RBC Capital	Reiterates	Buy	$50.00
Jan 26, 2026	Dennis Geiger	UBS	Maintains	Buy	$56.00 → $45.00 -11.00 (-19.6%)
Jan 23, 2026	Brian Mullan	Piper Sandler	Maintains	Buy	$44.00 → $47.00 +3.00 (6.8%)
Jan 22, 2026	Zachary Fadem	Wells Fargo	Maintains	Buy	$45.00 → $50.00 +5.00 (11.1%)
Jan 21, 2026	Brian Vaccaro	Raymond James	Maintains	Buy	$40.00 → $45.00 +5.00 (12.5%)
Jan 13, 2026	Sarang Vora	Telsey Advisory	Maintains	Buy	$50.00 → $50.00 +0.00 (0.0%)
Jan 9, 2026	Sarang Vora	Telsey Advisory	Initiates	Buy	$50.00
Jan 9, 2026	Nick Setyan	Mizuho	Maintains	Hold	$36.00 → $38.00 +2.00 (5.6%)
Jan 8, 2026	Jeff Farmer	Gordon Haskett Capital Corporation	Upgrades	Hold	-
Jan 8, 2026	Jake Bartlett	Truist	Maintains	Strong Buy	$45.00 → $50.00 +5.00 (11.1%)
Jan 7, 2026	Jeffrey Bernstein	Barclays	Maintains	Hold	$38.00 → $44.00 +6.00 (15.8%)
Jan 5, 2026	Danilo Gargiulo	Bernstein	Maintains	Buy	$40.00 → $50.00 +10.00 (25.0%)

Nick Setyan

Mizuho

BuyUpgrades

$37.00 → $40.00

Mar 20

Andrew M. Charles

TD Cowen

Strong BuyReiterates

$44.00 → $44.00

Mar 20

Matt Curtis

DA Davidson

Strong BuyInitiates

$51.00

Mar 6

John Staszak

Argus Research

HoldReiterates

Feb 5

Sarang Vora

Telsey Advisory

BuyMaintains

$48.00 → $48.00

Feb 4

Eric Gonzalez

Keybanc

BuyMaintains

$45.00 → $42.00

Feb 4

Jim Salera

Stephens

HoldReiterates

$35.00 → $35.00

Feb 4

Gregory Francfort

Guggenheim

HoldReiterates

$37.00 → $36.00

Feb 4

Chris O'Cull

Stifel

Strong BuyMaintains

$50.00 → $45.00

Feb 4

Sharon Zackfia

William Blair

BuyMaintains

Feb 4

Nick Setyan

Mizuho

HoldMaintains

$38.00 → $37.00

Feb 4

Brian Mullan

Piper Sandler

BuyMaintains

$47.00 → $44.00

Feb 4

Peter Saleh

BTIG

Strong BuyReiterates

$45.00 → $45.00

Feb 4

Lauren Silberman

Deutsche Bank

BuyMaintains

Feb 4

Eric Gonzalez

KeyBanc

BuyMaintains

$42.00

Feb 4

Andrew M. Charles

TD Cowen

Strong BuyReiterates

$44.00 → $44.00

Feb 4

Jeffrey Bernstein

Barclays

HoldMaintains

$44.00 → $40.00

Feb 4

Sara Senatore

BofA Securities

BuyMaintains

$55.00 → $53.00

Feb 4

Andrew Strelzik

BMO Capital

BuyMaintains

$55.00 → $52.00

Feb 4

Jon Tower

Citi

Strong BuyMaintains

$48.00 → $49.00

Feb 4

Zachary Fadem

Wells Fargo

BuyMaintains

$50.00 → $45.00

Feb 4

Brian Bittner

Oppenheimer

BuyReiterates

$51.00

Feb 4

David Palmer

Evercore ISI Group

BuyMaintains

$45.00

Feb 4

Brian Harbour

Morgan Stanley

BuyMaintains

$50.00 → $49.00

Feb 4

Jim Salera

Stephens

HoldReiterates

$35.00 → $35.00

Feb 3

Danilo Gargiulo

Bernstein

BuyMaintains

$50.00

Feb 3

Andrew Charles

TD Cowen

BuyInitiates Coverage

$44.00

Feb 3

Zachary Fadem

Wells Fargo

BuyMaintains

$50.00 → $45.00

Feb 3

Logan Reich

RBC Capital

BuyReiterates

$50.00

Feb 3

Dennis Geiger

UBS

BuyMaintains

$56.00 → $45.00

Jan 26

Brian Mullan

Piper Sandler

BuyMaintains

$44.00 → $47.00

Jan 23

Zachary Fadem

Wells Fargo

BuyMaintains

$45.00 → $50.00

Jan 22

Brian Vaccaro

Raymond James

BuyMaintains

$40.00 → $45.00

Jan 21

Sarang Vora

Telsey Advisory

BuyMaintains

$50.00 → $50.00

Jan 13

Sarang Vora

Telsey Advisory

BuyInitiates

$50.00

Jan 9

Nick Setyan

Mizuho

HoldMaintains

$36.00 → $38.00

Jan 9

Jeff Farmer

Gordon Haskett Capital Corporation

HoldUpgrades

Jan 8

Jake Bartlett

Truist

Strong BuyMaintains

$45.00 → $50.00

Jan 8

Jeffrey Bernstein

Barclays

HoldMaintains

$38.00 → $44.00

Jan 7

Danilo Gargiulo

Bernstein

BuyMaintains

$40.00 → $50.00

Jan 5

Chipotle Mexican Grill, Inc. (CMG) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest CMG Analyst Ratings & Recommendations

Frequently Asked Questions