What Are Wall Street Analysts' Target Price for Chipotle Mexican Grill Stock?

With a market cap of $73.76 billion, Chipotle Mexican Grill, Inc. (CMG) is a fast-casual restaurant chain headquartered in Newport Beach, California. It is known for its focus on sustainably sourced ingredients and customizable menu options; Chipotle serves a broad customer base across the U.S. and internationally. 

CMG has significantly outperformed the broader market over the last year. The stock has gained 41.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.1%. In 2024, the stock has gained 17.1%, compared to SPX's 18.1% gains on a YTD basis.