Chipotle Mexican Grill (CMG)

• Market cap: $53.7B
• 1 day: 0.88%
• 5 days: 2.64%
• 1 month: -7.75%
• 3 months: -22.79%
• 6 months: -16.26%
• Year to date: -33.18%
• 1 year: -29.7%
• 5 years: 64.62%
• 10 years: 174.3%
• Sector: Consumer Discretionary
• Industry: Restaurants

About: Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $11.3 billion in 2024. The Mexican concept is almost exclusively company-owned, with just three license stores operated through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of 3,726 stores at the end of 2024, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Employees: 130,504

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

14% more capital invested

Capital invested by funds: $58.5B [Q1] → $66.5B (+$8.02B) [Q2]

1.96% more ownership

Funds ownership: 86.0% [Q1] → 87.96% (+1.96%) [Q2]

8% more call options, than puts

Call options by funds: $2.36B | Put options by funds: $2.19B

5% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 153

0% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 14 (+0) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 562 | Existing positions reduced: 601

1% less funds holding

Funds holding: 1,536 [Q1] → 1,516 (-20) [Q2]

Research analyst outlook

17 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $46
• Avg. target: $58
• High target: $65

17 analyst ratings

• positive: 14 82%
• neutral: 3 18%
• negative: 0 0%

Stephens & Co. Jim Salera	$60	Equal-Weight Reiterated	11 Sep 2025
Stifel Chris O'Cull	$60	Buy Maintained	9 Sep 2025
BTIG Peter Saleh	$57	Buy Reiterated	5 Sep 2025
Rothschild & Co Chris Luyckx	$55	Buy Upgraded	3 Sep 2025
Raymond James Brian Vaccaro	$56	Outperform Maintained	15 Aug 2025