Chipotle Mexican Grill, Inc. (CMG) Stock Forecast
CMG analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.26 / 5 from 35 analysts
- Price target
- $43.55 average of analyst targets
- Upside to target
- +45.7% from the latest close
- Next earnings
- October 28, 2026 EPS estimate $0.29
- 52-week range
- $28.18 – $42.36
CMG analyst ratings
35 analystsNumber of analysts at each rating.
CMG price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CMG earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.29 | $0.28 | $0.30 | $0.29 | +0.3% | 32 |
| Current fiscal year (2026) | $1.15 | $1.11 | $1.22 | $1.17 | −1.8% | 34 |
| Next fiscal year (2027) | $1.37 | $1.27 | $1.45 | $1.15 | +19.0% | 34 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CMG revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $3.28B | $3.25B | $3.33B | +9.3% | 29 |
| Current fiscal year (2026) | $13.03B | $12.92B | $13.20B | +9.2% | 33 |
| Next fiscal year (2027) | $14.44B | $14.09B | $15.07B | +10.8% | 33 |
CMG EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CMG revenue: reported and forecast
CMG EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | +0.8% | 3 up · 1 down |
| Current fiscal year (2026) | $1.14 | $1.15 | $1.15 | $1.15 | $1.15 | +1.2% | 3 up · 1 down |
| Next fiscal year (2027) | $1.35 | $1.37 | $1.37 | $1.37 | $1.37 | +1.0% | 5 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CMG earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CMG beat in 12 of 12.
What analysts expect from CMG
35 analysts cover Chipotle; their consensus rating is buy (4.26 on a 1–5 scale, where 5 is a strong buy). The average price target is $43.55, 45.7% above the latest close of $29.89. Analysts expect earnings of $1.15 per share for 2026, −1.8% from a year earlier. For 2027 the average estimate is $1.37 per share on revenue of $14.4 billion. Chipotle beat the EPS estimate in 12 of the last 12 quarters.
Related: CMG income statement, CMG key metrics, CMG chart. See the CMG stock overview for the latest quote and news.
CMG forecast FAQ
What is Chipotle's price target?
The average analyst price target for Chipotle is $43.55, 45.7% above the latest close of $29.89.
Is Chipotle a buy, hold or sell?
Of 35 analysts covering Chipotle, 20 rate it a strong buy, 4 a buy, 11 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Chipotle's EPS forecast?
Analysts forecast $1.15 per share for 2026 (range $1.11 to $1.22); for 2027 the estimate is $1.37.
What is Chipotle's revenue forecast?
The average revenue estimate for 2026 is $13.0 billion, growth of 9.2%; for 2027 it is $14.4 billion.
When does Chipotle report earnings?
Chipotle is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes; the EPS estimate is $0.29.
Does Chipotle usually beat earnings estimates?
Chipotle reported EPS at or above the analyst estimate in 12 of the last 12 quarters.