Analysts’ Weekly Ratings Updates for Chipotle Mexican Grill (CMG)

Several brokerages have updated their recommendations and price targets on shares of Chipotle Mexican Grill (NYSE: CMG) in the last few weeks:

• 10/23/2026 – Chipotle Mexican Grill had its price target lowered by Mizuho from $43.00 to $37.00. They now have an “outperform” rating on the stock.
• 10/22/2026 – Chipotle Mexican Grill was given a new $45.00 price target by DA Davidson.
• 10/21/2026 – Chipotle Mexican Grill had its price target lowered by Deutsche Bank Aktiengesellschaft from $51.00 to $45.00. They now have a “buy” rating on the stock.
• 10/21/2026 – Chipotle Mexican Grill had its price target lowered by Wells Fargo & Company from $45.00 to $40.00. They now have an “overweight” rating on the stock.
• 10/21/2026 – Chipotle Mexican Grill was downgraded by TD Cowen from “buy” to “hold”. They now have a $32.00 price target on the stock, down from $44.00.
• 10/19/2026 – Chipotle Mexican Grill had its price target lowered by Gordon Haskett from $42.00 to $36.00. They now have a “hold” rating on the stock.
• 10/19/2026 – Chipotle Mexican Grill had its price target lowered by Citigroup from $45.00 to $43.00. They now have a “buy” rating on the stock.
• 10/16/2026 – Chipotle Mexican Grill had its price target lowered by Raymond James Financial from $42.50 to $37.00. They now have an “outperform” rating on the stock.
• 10/15/2026 – Chipotle Mexican Grill had its price target raised by Morgan Stanley from $39.00 to $40.00. They now have an “equal weight” rating on the stock.
• 10/15/2026 – Chipotle Mexican Grill had its price target lowered by Stephens from $40.00 to $38.00. They now have an “equal weight” rating on the stock.
• 10/9/2026 – Chipotle Mexican Grill had its “buy” rating reaffirmed by UBS Group.
• 10/2/2026 – Chipotle Mexican Grill had its price target lowered by Robert W. Baird from $40.00 to $35.00. They now have a “neutral” rating on the stock.
• 9/29/2026 – Chipotle Mexican Grill had its price target lowered by JPMorgan Chase & Co. from $40.00 to $37.00. They now have an “overweight” rating on the stock.
• 9/16/2026 – Chipotle Mexican Grill is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
• 9/14/2026 – Chipotle Mexican Grill had its price target raised by Gordon Haskett from $40.00 to $42.00. They now have a “hold” rating on the stock.
• 9/1/2026 – Chipotle Mexican Grill had its “buy” rating reaffirmed by Bank of America. They now have a $53.00 price target on the stock, up from $50.00.
• 9/1/2026 – Chipotle Mexican Grill had its “outperform” rating reaffirmed by Mizuho. They now have a $43.00 price target on the stock.

Insider Activity at Chipotle Mexican Grill

In related news, insider Matthew R. Bush sold 2,675 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the completion of the transaction, the insider owned 21,415 shares of the company’s stock, valued at approximately $765,586.25. The trade was a 11.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.45% of the company’s stock.

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.