Chipotle Mexican Grill (NYSE:CMG) Price Target Raised to $50.00

Chipotle Mexican Grill (NYSE:CMG) had its price target lifted by Truist Financial from $45.00 to $50.00 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the restaurant operator’s stock.

A number of other research firms also recently weighed in on CMG. The Goldman Sachs Group reissued a “buy” rating on shares of Chipotle Mexican Grill in a research report on Thursday, December 18th. BTIG Research decreased their price objective on Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Cowen restated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Monday, January 5th. Evercore ISI restated an “outperform” rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a research note on Friday, December 19th. Finally, Mizuho lifted their price target on shares of Chipotle Mexican Grill from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $50.00.

Chipotle Mexican Grill Trading Up 2.3%

CMG opened at $40.10 on Thursday. The business has a 50 day moving average of $34.57 and a 200-day moving average of $40.96. The stock has a market capitalization of $53.02 billion, a price-to-earnings ratio of 35.49, a P/E/G ratio of 3.75 and a beta of 0.97. Chipotle Mexican Grill has a 1-year low of $29.75 and a 1-year high of $59.57.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, meeting the consensus estimate of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.06 billion. During the same period in the prior year, the company earned $0.27 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Equities analysts predict that Chipotle Mexican Grill will post 1.29 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CMG. Ascent Group LLC increased its position in shares of Chipotle Mexican Grill by 3.5% during the 2nd quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator’s stock worth $323,000 after purchasing an additional 193 shares in the last quarter. E. Ohman J or Asset Management AB boosted its position in Chipotle Mexican Grill by 0.3% in the second quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator’s stock valued at $3,326,000 after buying an additional 194 shares in the last quarter. Occidental Asset Management LLC grew its stake in Chipotle Mexican Grill by 2.8% during the second quarter. Occidental Asset Management LLC now owns 7,257 shares of the restaurant operator’s stock worth $407,000 after buying an additional 195 shares during the last quarter. Perennial Advisors LLC increased its holdings in shares of Chipotle Mexican Grill by 3.1% during the second quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator’s stock worth $374,000 after buying an additional 200 shares in the last quarter. Finally, Quent Capital LLC raised its stake in shares of Chipotle Mexican Grill by 2.0% in the second quarter. Quent Capital LLC now owns 10,555 shares of the restaurant operator’s stock valued at $593,000 after acquiring an additional 208 shares during the last quarter. 91.30% of the stock is owned by institutional investors.

Key Stories Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
• Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
• Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
• Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
• Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
• Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
• Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
• Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
• Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines

Chipotle Mexican Grill Company Profile

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.