Should You Buy Chipotle Mexican Grill Inc (CMG) Today? Analysis, Price Targets, and 2026 Outlook.
No data
No data
Growth
Profitability
Efficiency
Wall Street analysts forecast CMG stock price to rise
25 Analyst Rating
Wall Street analysts forecast CMG stock price to rise
18 Buy
7 Hold
0 Sell
Moderate Buy
Current: 33.980
Low
35
Averages
45.95
High
56
Current: 33.980
Low
35
Averages
45.95
High
56
JPMorgan
Neutral
to
Overweight
upgrade
$38 -> $35
AI Analysis
2026-06-05
Reason
JPMorgan
Price Target
$38 -> $35
AI Analysis
2026-06-05
upgrade
Neutral
to
Overweight
Reason
JPMorgan upgraded Chipotle to Overweight from Neutral with a price target of $35, down from $38, after meeting with management. The shares are down 43% since May 2025 and at levels first hit in 2021, the analyst tells investors in a research note. At or below $30 per share, JPMorgan sees "much more risk-weighted upside than downside." A "rare valuation opportunity has emerged" at Chipotle, the firm contends. It says the stock's multiple has "now fully re-rated to reflect a more moderate - yet still well above average - growth profile." Chipotle now offers "quality growth at the right price," JPMorgan says.
Morgan Stanley
Overweight -> Equal Weight
downgrade
$49 -> $37
2026-06-03
Reason
Morgan Stanley
Price Target
$49 -> $37
2026-06-03
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded Chipotle to Equal Weight from Overweight with a price target of $37, down from $49. The firm does not have conviction that Chipotle's narrative "changes quickly." Chipotle likely faces a future of more modest comps and margin expansion, the analyst tells investors in a research note. Morgan Stanley says Chipotle's sales drivers are "less impactful with less visibility into margin upside." In addition, the company's unit growth could fade beyond 2026, adds the firm.
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