Wedbush Cuts Chipotle Mexican Grill (NYSE:CMG) Price Target to $64.00

Chipotle Mexican Grill (NYSE:CMG) had its target price lowered by Wedbush from $69.00 to $64.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the restaurant operator’s stock. Wedbush also issued estimates for Chipotle Mexican Grill’s Q3 2025 earnings at $0.33 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.37 EPS and FY2026 earnings at $1.51 EPS.

Several other brokerages also recently weighed in on CMG. Stephens reaffirmed an “equal weight” rating and set a $65.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. Jefferies Financial Group increased their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Oppenheimer increased their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Loop Capital increased their price target on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Finally, Citigroup cut their price target on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Ten research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $66.31.

Chipotle Mexican Grill Trading Down 0.1 %

Shares of CMG opened at $57.29 on Wednesday. Chipotle Mexican Grill has a 12 month low of $47.98 and a 12 month high of $69.26. The stock has a fifty day moving average price of $60.17 and a 200-day moving average price of $57.83. The firm has a market cap of $78.06 billion, a PE ratio of 53.32, a P/E/G ratio of 2.07 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. As a group, research analysts forecast that Chipotle Mexican Grill will post 1.11 EPS for the current year.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.02% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Chipotle Mexican Grill

Several institutional investors have recently modified their holdings of CMG. Alphinity Investment Management Pty Ltd acquired a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $692,701,000. Raymond James Financial Inc. acquired a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $315,220,000. Assenagon Asset Management S.A. grew its stake in shares of Chipotle Mexican Grill by 1,087.9% in the third quarter. Assenagon Asset Management S.A. now owns 4,712,724 shares of the restaurant operator’s stock worth $271,547,000 after acquiring an additional 4,315,983 shares in the last quarter. Congress Asset Management Co. acquired a new position in shares of Chipotle Mexican Grill in the third quarter worth $109,396,000. Finally, Thrivent Financial for Lutherans grew its stake in shares of Chipotle Mexican Grill by 674.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,122,778 shares of the restaurant operator’s stock worth $122,314,000 after purchasing an additional 1,848,625 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.