Chipotle Mexican Grill (NYSE:CMG) Stock Gets Price Target Reduction from Gordon Haskett

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

A number of other equities research analysts also recently issued reports on CMG. Sanford C. Bernstein reiterated an “outperform” rating and set a $50.00 price target (up from $40.00) on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. TD Cowen cut Chipotle Mexican Grill from a “buy” rating to a “hold” rating and lowered their price target for the stock from $44.00 to $32.00 in a report on Wednesday. BTIG Research restated a “buy” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, August 5th. UBS Group reaffirmed a “buy” rating on shares of Chipotle Mexican Grill in a research note on Friday, October 9th. Finally, Weiss Ratings raised Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Twenty-seven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.74.

Chipotle Mexican Grill Price Performance

NYSE CMG traded up $0.17 on Monday, hitting $28.29. 9,496,834 shares of the company’s stock were exchanged, compared to its average volume of 17,787,084. The firm’s 50-day moving average price is $33.79 and its two-hundred day moving average price is $33.41. Chipotle Mexican Grill has a fifty-two week low of $27.87 and a fifty-two week high of $42.19. The firm has a market cap of $35.80 billion, a price-to-earnings ratio of 25.98, a P/E/G ratio of 1.80 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last issued its 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 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 business’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. On average, research analysts predict that Chipotle Mexican Grill will post 1.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Chipotle Mexican Grill

In related news, insider Matthew R. Bush sold 2,675 shares of Chipotle Mexican Grill 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 in the company, valued at $765,586.25. The trade was a 11.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Chipotle Mexican Grill

A number of institutional investors have recently made changes to their positions in CMG. EP Wealth Advisors LLC acquired a new position in Chipotle Mexican Grill in the 2nd quarter worth $948,000. Callan Family Office LLC acquired a new stake in shares of Chipotle Mexican Grill during the second quarter valued at about $1,406,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of Chipotle Mexican Grill by 7,051.6% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 243,726 shares of the restaurant operator’s stock valued at $7,787,000 after acquiring an additional 240,318 shares in the last quarter. Park National Corp OH increased its position in shares of Chipotle Mexican Grill by 442.1% during the third quarter. Park National Corp OH now owns 309,327 shares of the restaurant operator’s stock worth $9,883,000 after acquiring an additional 252,265 shares during the last quarter. Finally, KMG Fiduciary Partners LLC increased its position in shares of Chipotle Mexican Grill by 246.4% during the third quarter. KMG Fiduciary Partners LLC now owns 141,389 shares of the restaurant operator’s stock worth $4,517,000 after acquiring an additional 100,569 shares during the last quarter. 91.30% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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.