
Chipotle (CMG) Stock Forecast & Price Target
Chipotle (CMG) Analyst Ratings
Bulls say
Chipotle Mexican Grill reported systemwide sales of $11.3 billion in 2024, showcasing its position as the largest fast-casual chain in the U.S. The company's same-store sales showed improvement, rising from approximately 7% in early 2024 to 8% by April, with management highlighting positive contributions from new menu items like Honey Chicken. Additionally, proprietary survey data indicates that Chipotle enjoys superior value perceptions compared to its fast casual peers, which could facilitate market share gains moving forward.
Bears say
Chipotle Mexican Grill has lowered its fiscal year 2025 same-store sales guidance to low single digits, reflecting a challenging macroeconomic environment. The company also reported a decline in restaurant-level margins by approximately 130 basis points year-over-year to 26.2%, attributed to softer comparable sales and rising commodity costs, resulting in a 2.3% decrease in transactions in the first quarter of 2025. Furthermore, first-quarter same-store sales fell by 0.4%, significantly underperforming expectations, leading to reduced adjusted earnings per share estimates for 2025 and 2026.
This aggregate rating is based on analysts' research of Chipotle and is not a guaranteed prediction by Public.com or investment advice.
Chipotle (CMG) Analyst Forecast & Price Prediction
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