Gordon Haskett Has Lowered Expectations for Chipotle Mexican Grill (NYSE:CMG) Stock Price

Chipotle Mexican Grill (NYSE:CMG) had its target price lowered by equities researchers at Gordon Haskett from $42.00 to $36.00 in a research note issued on Monday. The brokerage currently has a “hold” rating on the restaurant operator’s stock. Gordon Haskett’s price target would suggest a potential upside of 27.04% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Raymond James Financial dropped their price target on Chipotle Mexican Grill from $42.50 to $37.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th. Mizuho reissued an “outperform” rating and issued a $43.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. Guggenheim restated a “neutral” rating and issued a $36.00 target price (up from $35.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Piper Sandler reduced their price target on Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $50.00 price target (up from $40.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Twenty-seven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average target price of $43.74.

Chipotle Mexican Grill Price Performance

Shares of Chipotle Mexican Grill stock traded up $0.22 on Monday, hitting $28.34. The company had a trading volume of 9,187,239 shares, compared to its average volume of 17,783,027. The firm has a market capitalization of $35.86 billion, a P/E ratio of 26.01, a P/E/G ratio of 1.80 and a beta of 0.96. Chipotle Mexican Grill has a twelve month low of $27.87 and a twelve month high of $42.19. The stock has a 50-day moving average of $33.79 and a 200-day moving average of $33.41.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. The business had revenue of $3.35 billion for 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 quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $0.33 earnings per share. Equities analysts predict that Chipotle Mexican Grill will post 1.14 EPS for the current year.

Insider Transactions at Chipotle Mexican Grill

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $4,417,475,000. Bank of America Corp DE bought a new stake in Chipotle Mexican Grill during the second quarter worth $383,483,000. Legal & General Group Plc bought a new stake in Chipotle Mexican Grill during the second quarter worth $265,887,000. Man Group plc bought a new stake in Chipotle Mexican Grill during the second quarter worth $240,389,000. Finally, Bank of New York Mellon Corp acquired a new stake in Chipotle Mexican Grill in the second quarter valued at $222,809,000. 91.30% of the stock is currently owned by institutional investors.

Key Chipotle Mexican Grill News

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.

About Chipotle Mexican Grill

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.