Chipotle Mexican Grill Stock: Is Wall Street Bullish or Bearish?

With a market cap of $41.4 billion, Chipotle Mexican Grill, Inc. (CMG) is a restaurant company that owns and operates Chipotle Mexican Grill locations, offering Mexican-inspired foods like burritos, tacos, and bowls made with responsibly sourced ingredients. It also provides digital ordering through its website, mobile app, and delivery platforms, with operations across the United States and several international markets.

Shares of Chipotle Mexican Grill have lagged behind the broader market over the past 52 weeks. CMG stock has dropped 35.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27%. In addition, shares of the company are down 11.4% on a YTD basis, compared to SPX’s 9.8% increase.