- Chipotle Mexican Grill (CMG, Financial) prepares to announce its Q2 earnings with an expected EPS of $0.33 and revenue of $3.12 billion.
- Average analyst price target suggests a potential 15.65% upside from the current CMG stock price.
- GuruFocus GF Value estimation indicates a 17.22% rise within one year, showcasing CMG's potential growth.
Chipotle Mexican Grill Inc. (NYSE: CMG) is gearing up for its much-anticipated Q2 earnings release on July 23rd. Investors are eyeing an expected earnings per share (EPS) of $0.33 and projected revenue figures reaching $3.12 billion. Although Chipotle has historically surpassed EPS expectations over the past two years, it's notable that recent analyst revisions have shown a downward trend in both EPS and revenue predictions.
Wall Street Analysts Forecast
Delving into Wall Street's perspective, 31 analysts have set a one-year price target for Chipotle Mexican Grill Inc. (CMG, Financial), with an average of $60.58. This encompasses a high estimate of $73.00 and a low estimate of $45.94. This average target suggests a potential upside of 15.65% from the current stock price of $52.38. For those seeking in-depth estimates, more detailed data is available on the Chipotle Mexican Grill Inc (CMG) Forecast page.
The consensus from 35 brokerage firms positions Chipotle Mexican Grill Inc. (CMG, Financial) with an average brokerage recommendation of 1.9, indicating an "Outperform" status. The rating scale spans from 1 to 5, with 1 being a Strong Buy and 5 representing a Sell stance.
According to GuruFocus calculations, the projected GF Value for Chipotle Mexican Grill Inc. (CMG, Financial) over the next year is $61.40, pointing to a potential upside of 17.22% from the current price of $52.38. The GF Value metric offers a fair value estimate, derived from the stock's historical trading multiples and projections of its business growth and performance. More comprehensive insights can be accessed on the Chipotle Mexican Grill Inc (CMG) Summary page.
