Chipotle Mexican Grill (NYSE:CMG) Given New $36.00 Price Target at Gordon Haskett

Chipotle Mexican Grill (NYSE:CMG) had its price objective cut by Gordon Haskett from $42.00 to $36.00 in a research note published on Monday morning. They currently have a hold rating on the restaurant operator’s stock.

A number of other research firms have also recently commented on CMG. Robert W. Baird restated a “neutral” rating and set a $40.00 price target (down from $44.00) on shares of Chipotle Mexican Grill in a research report on Monday, August 24th. Wells Fargo & Company lowered their price objective on Chipotle Mexican Grill from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Wednesday. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Chipotle Mexican Grill from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Argus increased their target price on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Twenty-seven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus target price of $43.88.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG traded up $0.24 during midday trading on Monday, reaching $28.36. 8,817,295 shares of the company’s stock traded hands, compared to its average volume of 17,783,027. The company has a fifty day simple moving average of $33.79 and a two-hundred day simple moving average of $33.41. Chipotle Mexican Grill has a 1 year low of $27.87 and a 1 year high of $42.19. The company has a market cap of $35.89 billion, a P/E ratio of 26.00, a PEG ratio of 1.80 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.33 billion. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 EPS. As a group, research analysts forecast that Chipotle Mexican Grill will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the transaction, the insider directly owned 21,415 shares of the company’s stock, valued at $765,586.25. This trade represents a 11.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Chipotle Mexican Grill

A number of large investors have recently made changes to their positions in CMG. BlackRock Inc. acquired a new stake in shares of Chipotle Mexican Grill in the second quarter valued at approximately $4,417,475,000. Arrowstreet Capital Limited Partnership lifted its position in Chipotle Mexican Grill by 19.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator’s stock worth $527,469,000 after buying an additional 2,727,762 shares in the last quarter. Amundi lifted its position in Chipotle Mexican Grill by 23.3% during the first quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock worth $383,486,000 after buying an additional 2,266,087 shares in the last quarter. Bank of America Corp DE acquired a new position in Chipotle Mexican Grill during the second quarter worth $383,483,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Chipotle Mexican Grill by 30.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,845,627 shares of the restaurant operator’s stock worth $368,751,000 after buying an additional 2,541,795 shares during the last quarter. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Deutsche Bank maintained a Buy view while noting that Chipotle’s price increases have reached approximately 19.9% of its stores. Higher pricing could support revenue and margins, although investors will be watching whether it further affects customer traffic. Chipotle price hikes reach 19.9% of stores, Deutsche Bank says
• Positive Sentiment: Wells Fargo lowered its price target to $40 from $45 but retained an Overweight rating, implying substantial potential upside from recent trading levels. Wells Fargo lowers Chipotle price target
• Positive Sentiment: Chipotle continues to benefit from industry-leading profitability, significant scale and a large company-owned restaurant base, characteristics highlighted in a comparison with Dutch Bros. Dutch Bros vs. Chipotle Mexican Grill
• Neutral Sentiment: Chipotle is scheduled to report quarterly results on October 28. Recent previews suggest expectations for an earnings beat may be limited, making same-store sales, traffic and management’s outlook key catalysts. Chipotle reports next week
• Negative Sentiment: TD Cowen downgraded CMG from Buy to Hold and cut its price target to $32 from $44, citing slowing sales and a weak start to October. The firm also warned that fourth-quarter and 2027 same-store sales could fall below consensus expectations. TD Cowen downgrades Chipotle
• Negative Sentiment: Unusually heavy put-option activity, with 80,695 puts purchased—about 61% above average daily volume—signals increased bearish hedging or speculation.
• Negative Sentiment: Persistent inflation and softer consumer demand continue to weigh on sales, while higher menu prices may not fully offset weaker traffic. The analyst actions have pushed CMG shares sharply lower and increased scrutiny of its valuation.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.