Guggenheim maintained a Neutral rating on Chipotle (CMG) and lowered its price target to $36 from $37, citing the company’s conservative 2026 sales growth guidance and a valuation that doesn’t yet reflect flat same-store sales. Conversely, Telsey Advisory lowered its price target to $48 from $50 but kept an Outperform rating, noting strong Q4 results and a favorable risk-reward profile, believing CMG is on track to be a leading restaurant brand. The article highlights differing analyst opinions on CMG’s future outlook and valuation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Guggenheim Notes Chipotle's (CMG) Conservative 2026 Guidance, Valuation Gap
Guggenheim maintained a Neutral rating on Chipotle (CMG) and lowered its price target to $36 from $37, citing the company’s conservative 2026 sales growth guidance and a valuation that doesn’t yet reflect flat same-store sales. Conversely, Telsey Advisory lowered its price target to $48 from $50 but kept an Outperform rating, noting strong Q4 results and a favorable risk-reward profile, believing CMG is on track to be a leading restaurant brand. The article highlights differing analyst opinions on CMG’s future outlook and valuation.