Chipotle Mexican Grill (NYSE:CMG) Price Target Cut to $37.00 by Analysts at Mizuho

Chipotle Mexican Grill (NYSE:CMG) had its price target cut by Mizuho from $43.00 to $37.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the restaurant operator’s stock. Mizuho‘s price target suggests a potential upside of 31.79% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Weiss Ratings raised shares of Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Seaport Research Partners assumed coverage on Chipotle Mexican Grill in a research note on Wednesday, September 16th. They issued a “neutral” rating for the company. TD Cowen lowered Chipotle Mexican Grill from a “buy” rating to a “hold” rating and lowered their price objective for the company from $44.00 to $32.00 in a report on Wednesday. Piper Sandler cut their price objective on Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Stephens reduced their target price on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, October 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average target price of $43.56.

Chipotle Mexican Grill Trading Down 0.2%

Shares of NYSE:CMG opened at $28.08 on Friday. The firm has a market cap of $35.53 billion, a PE ratio of 25.33, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96. The company has a fifty day simple moving average of $33.70 and a 200 day simple moving average of $33.37. Chipotle Mexican Grill has a 12-month low of $27.82 and a 12-month high of $42.19.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the firm posted $0.33 EPS. As a group, equities research analysts forecast that Chipotle Mexican Grill will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the sale, 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 Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

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

More Chipotle Mexican Grill News

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

• Positive Sentiment: Deutsche Bank maintained a Buy rating despite reducing its price target from $51 to $45, implying substantial upside from recent trading levels. The firm’s analysis also noted that menu price increases had reached approximately 19.9% of stores, potentially supporting revenue and margins. Deutsche Bank Adjusts Chipotle Mexican Grill Price Target
• Positive Sentiment: Wells Fargo retained an Overweight rating, although it lowered its price target from $45 to $40. The continued bullish rating suggests some analysts believe the recent selloff has created an attractive long-term entry point. Wells Fargo Chipotle rating
• Neutral Sentiment: Chipotle shares reached their lowest level since January 2023, while the relative strength index entered oversold territory. That may attract bargain hunters, but it also reflects significant deterioration in investor sentiment. Chipotle shares hit lowest since January 2023
• Neutral Sentiment: Options activity was unusually high, including 80,695 put contracts—about 61% above typical volume. The activity signals elevated hedging or bearish speculation but does not by itself confirm further losses. Chipotle sees unusually high options volume
• Negative Sentiment: TD Cowen downgraded CMG from Buy to Hold and cut its price target from $44 to $32. Analyst Andrew Charles cited slowing sales and a weak start to October, reducing confidence in a fourth-quarter improvement and warning of below-consensus same-store sales growth in late 2026 and 2027. Chipotle rating lowered to Hold at TD Cowen
• Negative Sentiment: Gordon Haskett also lowered its target from $42 to $36 and kept a Hold rating. The cluster of target cuts is reinforcing concerns that inflation, consumer resistance to higher prices, and softer traffic could limit Chipotle’s near-term growth. Gordon Haskett Chipotle rating

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.