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CMGconsumer cyclicalnyse

Chipotle Mexican Grill logoChipotle Mexican Grill

Chipotle Mexican Grill (CMG) is a consumer cyclical company; Yahoo Finance files it under restaurants.

Price

$34.43

-2.74% on Nov 6

Risk

Very High

51.0% vol · 30d

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Key facts, as of

As of November 6, 2026, Chipotle Mexican Grill (CMG) trades at $34.43, up 12.7% over the past year. Its 52-week range runs from $27.31 to $41.42; the price is 16.9% below that high. It is 50.3% below its all-time high of $69.26, reached in June 2024. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +342.0%, against +316.3% for the S&P 500 (SPY). It sits 1.5% above its 200-day average of $33.91. Its 30-day volatility is 51.0% annualized, which we rate very high risk. It has a trailing P/E of 32.2.

Cite: Portfolio Terminal, "Chipotle Mexican Grill (CMG) stock analysis", 2026-11-06. https://portfolio-terminal.com/analyse/cmg

01Market

Where it trades today

Market cap

$43.55B

Price / earnings

32.2x

Beta

0.99

swings less than the market

Dividend yield

none

Volume

15.48M

avg 18.22M

50-day average

$32.76

200-day average

$33.91

30-day move

+5.4%

52-week range16.9% below the high
low $27.31$34.43high $41.42

trading 50% of the way up its 52-week range

02Price

How the price has moved

30-day price+5.35%
30 days ago$32.68 → $34.43today
1-year performance+9.1%
$30$35$39NovDecJanFebMarAprMayJunJulAugSepOct
CMG · 52 weeks$31.57 → $34.43
03History

How far it is from its record

All-time high

$69.26

Jun 2024, intraday

From the high

−50.3%

+101.2% to regain it

History from

Jan 2006

monthly, Yahoo Finance

10 years

+342.0%

SPY +316.3%

Chipotle Mexican Grill (CMG) is 50.3% below its all-time high of $69.26, reached in June 2024. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +342.0%, against +316.3% for the S&P 500 (SPY).

CMG since Jan 2006−50.3% from the high
$18$54$34.43$69.26 · Jun 202420102020
Month-end closes, split-adjusted · dashed: today
04Read

The read, from its own figures

the read3 sources

What its numbers say

  • CMG closes above its 50-day average ($32.76) while the 50-day is still under the 200-day ($33.91): a rebound inside a longer decline, not yet an uptrend.
  • At $34.43, CMG is 16.9% below its 1-year high of $41.42, set on January 21, 2026, and 26.1% above its 1-year low of $27.31 (October 23, 2026).
  • Over the past month CMG rose 5.4%, from $32.68 to $34.43.
  • CMG trades at 32.2x its last twelve months of earnings and 26.0x the next twelve months' estimate, so analysts expect earnings 24.0% higher.
  • Its P/E is 47.1% above the 21.9x median of the 3 other restaurants companies we track (MCD, SBUX, YUM).
  • CMG's 30-day volatility, 51.0% a year, works out to a typical daily move of about 3.2%.
  • Yahoo Finance puts its beta at 0.99: over five years of monthly returns, CMG moved about 0.99% for each 1% move of the S&P 500.

What would change the read

  • The rebound holds while it closes above the 50-day average, $32.76 (−4.9%); it becomes an uptrend when the 50-day climbs 3.5% to cross the 200-day at $33.91.
  • A close above $41.42 (+20.3%) would be a new 1-year high; below $27.31 (−20.7%), a new 1-year low.

How it is computed

  • Prices are Yahoo Finance's daily candles for CMG, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
  • The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
  • Peers are the other companies Yahoo Finance files under restaurants among the assets we track, not a full industry screen; the median counts those with a positive P/E.
  • Every sentence here is written by code from those figures, refreshed daily; nobody edits it for CMG by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.

Sources

  • Yahoo Finance quote and daily historyopen →

    The candles, the averages' inputs and the quote fields used for CMG. Last refresh: Nov 8, 2026, 10:53 PM UTC.

  • How Portfolio Terminal computes its figuresopen →

    The methodology page behind the analytics and their refresh cadence.

  • Industry classification

    Yahoo Finance's industry, as stored in our list of tracked assets: Restaurants.

Computed, not written · Code turns the figures above into these sentences; market data refreshed 11/8/2026, 10:53:24 PM. Page built by Julien Esnault. A description of the data, not advice.
05About

What Chipotle Mexican Grill does

profile

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. The company sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids' meals, chips, and sides. It also offers Mexican-inspired meals using responsibly sourced meats, such as chicken, beef, and pork under the Responsibly Raised brand. In addition, the company provides digital ordering through its website, mobile app, and third-party delivery platforms. It operates in the United States, Canada, France, Germany, South Korea, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport…

Employees

140,000

Industry

Restaurants

Headquarters

Newport Beach, United States

06Analyst Consensus

What analysts expect

CMG carries a buy consensus from 30 analysts, with an average price target of $40.57 versus $34.43 today (+17.8%). Targets are estimates and can move quickly after earnings.

Consensus

Buy

Average target

$40.57

$32.00 to $53.00

Upside to target

+17.8%

Analysts covering

30

Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.

07Financial Strength

How the business is doing

CMG generated $12.71B in trailing revenue (9.6% year over year), with a 10.8% net margin, and $1.18B of free cash flow, against $4.70B of net debt.

Revenue (TTM)

$12.71B

Net margin

10.8%

Revenue growth

9.6%

Free cash flow

$1.18B

Gross margin

39.3%

Operating margin

14.1%

Return on equity

48.5%

Total cash

$902.56M

Total debt

$5.60B

Earnings growth

-6.2%

08Annual Financials

The numbers, year by year

annual financials4 years
Fiscal yearRevenueGross profitOperating incomeNet incomeEPSFree cash flow
2025$11.93B$3.03B$2.01B$1.54B$1.15$1.45B
2024$11.31B$3.02B$1.99B$1.53B$1.12$1.51B
2023$9.87B$2.59B$1.63B$1.23B$0.89$1.22B
2022$8.63B$2.06B$1.21B$899.10M$0.65$844.01M
Company filings via Yahoo Finance. Refreshed 11/8/2026.
09Next Earnings

When it reports next

Next report

Oct 28, 2026

EPS estimate

$0.25

Revenue estimate

$3.27B

Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.

10ETFs

Which ETFs hold it

CMG is in 18 of the 54 ETFs we track. It weighs most in XLY: 1.02% of the fund, holding #24 of 48.

etfs holding it18 of 54 funds
XLY1.02%#24 of 48JEPI0.78%#44 of 119VO0.40%#104 of 271RSP0.17%#474 of 504JEPQ0.17%#76 of 94VUG0.13%#87 of 135IWF0.11%#93 of 371VOO0.06%#261 of 505VUAA0.06%#261 of 503IVV0.06%#273 of 503CSPX0.06%#273 of 503SPY0.06%#274 of 504VTI0.06%#269 of 3,516ITOT0.05%#278 of 2,423IWDA0.04%#436 of 1,248SSAC0.04%#460 of 1,640VWCE0.04%#457 of 3,795VT0.03%#467 of 10,155
11Investors

Famous investors who hold it

CMG is in the latest 13F of 1 of the 15 famous investors we follow. Renaissance Technologies (Founded by Jim Simons) holds the most of it: 0.16% of the portfolio, position #133 of 2,931, as of Q2 2026.

famous investors1 of 15 13F filers
Renaissance TechnologiesFounded by Jim Simons · Q2 20260.16%#133 of 2,931
SEC Form 13F, Q2 2026, filed August 13, 2026. Long US positions only, 45 days after the quarter; shares, not options.Every investor we follow →
12Industry

How its figures compare with those peers

versus its peersCMG vs the median of MCD, SBUX, YUM
metricCMGmedian · ngap
price / earnings32.2x21.9x · 3+47%
beta0.990.53 · 3+87%
dividend yield0.00%2.39% · 3−100%
30-day volatility51.0%30.0% · 3+70%
Live Yahoo Finance figures for each name; n counts the peers that have the figure.
13Peers

Companies in the same industry

CMG beside the other companies Yahoo Finance files under restaurants among the assets we track (MCD, SBUX, YUM, largest first).

peers4 companies
companypricemarket cap
Chipotle Mexican Grill logoCMG$34.43$43.55B
McDonald's Corporation logoMCD$276.52$195.16BStarbucks Corporation logoSBUX$105.41$120.18BYum! Brands logoYUM$161.14$43.23B
Any row opens that company's own analysis.
14Technicals

What the chart is saying

Back above its 50-day average, still under the long-term trend.

recovering
cmg · daily
50-day 32.76200-day 33.91resistancesupport
27.5030.0032.507030RSI 14 · 63volR 36.96R 35.33S 33.56S 31.5834.43JunJulAugSepOctNov
Daily candles · CMGLevels are zones where the price turned at least twice in the last year. Last close $34.43 on 2026-11-06.

RSI (14)

63

neutral zone

vs 50-day

+5.1%

avg $32.76

vs 200-day

+1.5%

avg $33.91

From 1-year high

−16.9%

high $41.42 · 2026-01-21

levels and the read51% annualized vol · 30d
resistance$36.96turned here 3×+7.4%
resistance$35.33turned here 2×+2.6%
support$33.56turned here 4×−2.5%
support$31.58turned here 3×−8.3%
  • Price is 5.1% above its 50-day average and 1.5% above its 200-day.
  • The 50-day crossed below the 200-day on 2026-09-22 (a “death cross”).
  • RSI at 63 is neither stretched nor washed out.
  • The nearest ceiling is $35.33 (+2.6%), the nearest floor $33.56 (-2.5%).

A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.

15Questions

Questions people ask about it

questions9 answered

How is CMG valued right now?

Chipotle Mexican Grill trades at 32.2 times its last twelve months of earnings and 26.0 times the next twelve months' estimate (Yahoo Finance, November 6, 2026). On the chart: back above its 50-day average, still under the long-term trend. Price is 5.1% above its 50-day average and 1.5% above its 200-day.

What is the risk level of CMG?

Based on 30-day volatility of 51.0%, CMG has VERY HIGH risk. Its beta of 0.99 means it has swung less than the S&P 500 over the last five years.

Does CMG pay dividends?

Yahoo Finance shows no dividend yield for Chipotle Mexican Grill (November 6, 2026).

How far is CMG from its all-time high?

Chipotle Mexican Grill is 50.3% below its all-time high of $69.26, reached in June 2024. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +342.0%, against +316.3% for the S&P 500 (SPY).

Which ETFs hold CMG?

18 of the 54 popular ETFs we track hold Chipotle Mexican Grill. The largest weights: XLY (1.02%), JEPI (0.78%), VO (0.40%), RSP (0.17%) and JEPQ (0.17%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.

How much of VOO is CMG?

0.06%, as of September 30, 2026: CMG is holding #261 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.61 in Chipotle Mexican Grill.

Which famous investors own CMG?

Renaissance Technologies (0.16% of Founded by Jim Simons's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.

What is the analyst price target for CMG?

The average analyst price target for Chipotle Mexican Grill (CMG) is $40.57 based on 30 analyst estimates, about 17.8% above the current price of $34.43. The published range runs from $32.00 to $53.00.

How much revenue does CMG generate?

Chipotle Mexican Grill reported $12.71B in trailing twelve-month revenue. Revenue growth is running at 9.6% year over year. Net margin sits at 10.8%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.

Compare CMG with anything

Five years side by side: what $10,000 became, how far each fell, whether they move together.

Chipotle Mexican Grill logo