
Chipotle (CMG) Stock Forecast & Price Target
Chipotle (CMG) Analyst Ratings
Bulls say
Chipotle Mexican Grill demonstrated a robust financial outlook, achieving systemwide sales of $11.3 billion in 2024, driven by strong momentum in comparable sales trends attributed to menu innovation, digital sales growth, and effective marketing strategies. The company has consistently improved its restaurant margins and remains poised for further enhancements, with the potential for incremental margins to exceed the current 40% following throughput improvements and increased efficiency in service speed. Additionally, Chipotle's strategic initiatives, including an expanding footprint and focused menu offerings, indicate significant growth opportunities in the North American market, with projections for high single-digit to low double-digit percentage unit growth over the coming years.
Bears say
Chipotle Mexican Grill faces a negative outlook due to deteriorating consumer spending, which is expected to further impact overall restaurant spending and lead to negative same-store sales (SSS) growth in the low-to-mid single digits for the fourth quarter of 2025. The company reported a decline in margins, primarily driven by increased costs associated with inflation, specifically higher beef prices linked to its Carne Asada limited-time offering. Additionally, Chipotle has revised its SSS growth forecast downward, anticipating a 4.3% reduction in revenue for the fourth quarter, underscoring the challenges posed by macroeconomic headwinds and lower-than-expected restaurant performance.
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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