Chipotle Mexican Grill (NYSE:CMG) Given New $42.00 Price Target at KeyCorp

Chipotle Mexican Grill (NYSE:CMG) had its price target reduced by KeyCorp from $45.00 to $42.00 in a report released on Wednesday,Benzinga reports. KeyCorp currently has an overweight rating on the restaurant operator’s stock.

A number of other brokerages have also commented on CMG. Barclays lowered their price objective on Chipotle Mexican Grill from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Wednesday. Stifel Nicolaus decreased their price objective on Chipotle Mexican Grill from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday. Evercore ISI restated an “outperform” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a report on Friday, December 19th. Robert W. Baird lowered their price target on Chipotle Mexican Grill from $59.00 to $49.00 and set an “outperform” rating for the company in a research note on Friday, October 10th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Chipotle Mexican Grill in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and a consensus price target of $47.50.

Chipotle Mexican Grill Trading Up 1.8%

Shares of NYSE CMG opened at $39.87 on Wednesday. Chipotle Mexican Grill has a one year low of $29.75 and a one year high of $59.09. The business has a fifty day simple moving average of $37.61 and a 200 day simple moving average of $38.98. The firm has a market capitalization of $52.72 billion, a price-to-earnings ratio of 34.97, a PEG ratio of 2.67 and a beta of 0.99.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 45.94% and a net margin of 12.88%.The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $2.96 billion. During the same period in the prior year, the firm posted $0.25 EPS. Chipotle Mexican Grill’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, research analysts anticipate that Chipotle Mexican Grill will post 1.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital World Investors grew its position in Chipotle Mexican Grill by 122.7% in the third quarter. Capital World Investors now owns 87,844,788 shares of the restaurant operator’s stock valued at $3,442,645,000 after acquiring an additional 48,398,628 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Chipotle Mexican Grill by 14.8% during the fourth quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator’s stock worth $5,349,764,000 after buying an additional 18,660,882 shares during the period. Norges Bank acquired a new stake in Chipotle Mexican Grill during the 2nd quarter worth about $1,001,668,000. Capital International Investors grew its stake in Chipotle Mexican Grill by 42.4% during the third quarter. Capital International Investors now owns 38,497,927 shares of the restaurant operator’s stock worth $1,509,043,000 after purchasing an additional 11,471,658 shares during the period. Finally, Sustainable Growth Advisers LP acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $597,031,000. Institutional investors and hedge funds own 91.30% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Q4 beat on EPS and revenue — Chipotle reported $0.25 EPS and $2.98B revenue, modestly above consensus; new restaurant openings helped top-line growth and margins held up. Zacks: Q4 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Management’s long-term playbook reassures growth investors — CEO Scott Boatwright outlined a “Recipe for Growth” emphasizing technology, back‑of‑house efficiency, menu innovation and accelerated store/international expansion that could drive a multi‑year rebound. MarketBeat: Is Chipotle’s 2026 Playbook the Secret Sauce for a Reversal?
• Positive Sentiment: Positive media and pundit views underpin confidence — Forbes and TV commentators argued recent pessimism is overblown and highlighted the company’s capacity to outperform consensus over time. Forbes: Why Market Pessimism Appears Overblown
• Neutral Sentiment: Analysts still see upside but recalibrated targets — several firms lowered targets yet kept Buy/Overweight calls (Citigroup nudged its target up to $49 while others trimmed theirs), leaving a mixed analyst picture. Benzinga: Analysts Slash Forecasts
• Neutral Sentiment: Strong balance sheet and capital returns remain a stabilizer — management emphasized cash flow, share‑count reduction and capacity to invest, which supports longer‑term investor interest. PR Newswire: Q4 & Full‑Year Results / Recipe for Growth
• Negative Sentiment: Weak guidance and falling traffic pressured shares — Chipotle forecast roughly flat comparable sales for 2026 and reported the fourth straight quarter of declining transactions, which triggered after‑hours selling and investor concern about demand. CNBC: Stock Sinks on Falling Traffic, Weak Guidance
• Negative Sentiment: Near‑term headwinds: margin pressure and macro sensitivity — commentary flagged rising costs and discretionary spending weakness that could keep comps muted and compress margins until traffic stabilizes. Reuters: Forecasts Weak Annual Sales, Margin Pressure

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.