
Chipotle (CMG) Stock Forecast & Price Target
Chipotle (CMG) Analyst Ratings
Bulls say
Chipotle Mexican Grill demonstrates a robust recovery in comparable sales trends, thanks to effective menu innovation, advertising efforts, and gains in digital sales, positioning the company for continued positive performance. The company has successfully enhanced restaurant margins and new unit returns, benefiting from ongoing improvements in throughput and speed of service, which are expected to support traffic growth. Furthermore, with anticipated menu innovations and significant expansion opportunities in North America, Chipotle is well-positioned for solid long-term unit growth and further enhancement of incremental margins.
Bears say
Chipotle Mexican Grill faces a challenging outlook due to declining consumer spending, which is projected to adversely impact overall restaurant spending and the company’s same-store sales (SSS). In the third quarter of 2025, Chipotle reported in-line earnings per share (EPS), but this was overshadowed by disappointing store-level margins and a downward revision of SSS growth forecasts for 4Q25, now expected to be in negative low-to-mid single digits. The broader macroeconomic headwinds have intensified, contributing to a forecasted revenue decrease of 4.3% in 4Q25, along with an anticipated decline in restaurant margins driven by higher beef inflation costs.
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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