Top Wall Street Forecasters Revamp Chipotle Mexican Grill Price Expectations Ahead Of Q4 Earnings

Chipotle Mexican Grill, Inc. CMG will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 4, 2025.

Analysts expect the Newport Beach, California-based company to report quarterly earnings at 25 cents per share, up from 21 cents per share in the year-ago period. Chipotle projects quarterly revenue of $2.85 billion, compared to $2.52 billion a year earlier, according to data from Benzinga Pro.

Chipotle outperformed competitors in terms of customer visits with year-over-year visit growth in each month of 2024, according to data from Placer.ai.

Chipotle shares gained 0.02% to close at $58.36 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Raymond James analyst Brian Vaccaro maintained an Outperform rating and cut the price target from $72 to $69 on Jan. 28, 2025. This analyst has an accuracy rate of 81%.
• Citigroup analyst Jon Tower maintained a Buy rating and cut the price target from $70 to $69 on Jan. 27, 2025. This analyst has an accuracy rate of 73%.
• Wedbush analyst Nick Setyan reiterated an Outperform rating with a price target of $69 on Jan. 22, 2025. This analyst has an accuracy rate of 72%.
• Barclays analyst Jeffrey Bernstein maintained an Equal-Weight rating and raised the price target from $60 to $63 on Jan. 7, 2025. This analyst has an accuracy rate of 64%.
• Oppenheimer analyst Brian Bittner maintained an Outperform rating and raised the price target from $65 to $69 on Jan. 7, 2025. This analyst has an accuracy rate of 68%.

Considering buying CMG stock? Here’s what analysts think:

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