Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of December 31, 2020, it owned and operated 2,724 Chipotle restaurants in the United States, 40 international Chipotle restaurants, and 4 non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
IPO Year: 2006
Exchange: NYSE
Website: chipotle.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/3/2025 | $55.00 | Neutral → Buy | Rothschild & Co Redburn |
| 8/12/2025 | $50.00 | Neutral → Overweight | Piper Sandler |
| 7/18/2025 | $65.00 | Market Perform → Outperform | BMO Capital Markets |
| 7/14/2025 | $60.00 | Hold | Melius |
| 6/10/2025 | $55.00 | Neutral | Redburn Atlantic |
| 4/28/2025 | Buy → Hold | Argus | |
| 3/14/2025 | $58.00 → $65.00 | Hold → Buy | Loop Capital |
| 3/3/2025 | $65.00 → $70.00 | Equal-Weight → Overweight | Morgan Stanley |
| 2/5/2025 | $59.00 → $73.00 | Buy → Strong Buy | CFRA |
| 11/15/2024 | $70.00 | Outperform | RBC Capital Mkts |
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In partnership, Chipotle and SPC Group plan to open the first Chipotle restaurants in South Korea and Singapore in 2026. NEWPORT BEACH, Calif., Sept. 10, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it has signed a joint venture to open restaurants in Asia for the first time. In partnership, SPC Group, a leading South Korea-based food company, and Chipotle plan to open the first Chipotle restaurants in South Korea and Singapore in 2026. "With a rapidly evolving dining-out business, fueled by preferences for variety and convenience, expanding into Asia presents an incredible growth opportunity for Chipotle," said Scott Boatwright, Chief Executive Officer of Chipotle.
SAN FRANCISCO and FREMONT, Calif., Sept. 10, 2025 /PRNewswire/ -- Nitricity, the climate scaleup electrifying the production of nitrogen fertilizer worldwide, today announced it has closed a $50 million Series B funding round, days ahead of the groundbreaking ceremony on the company's first-of-a-kind organic fertilizer plant in Delhi, California. The company's Ash Tea product is already demonstrating strong results in the field, with up to 30% yield increases.The funding round was co-led by new investor World Fund, Europe's leading climate VC, and returning investor Khosla Ven
NEWPORT BEACH, Calif., Sept. 2, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, October 29, 2025 at 4:30 PM Eastern time to discuss third quarter 2025 financial results and provide a business update for the fourth quarter to date. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, October 29, 2025. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 9993024. International callers can dial 1-412-317-6061 and will be prompted to enter the code 9993024. The call will also be webcast live from the Company's website
Starting Thursday, September 4, Carne Asada, featuring tender, juicy cuts of freshly grilled steak, finished with fresh lime and cilantro, will be back on the menu in the U.S. and Canada for a limited timeAccording to Google search history, Carne Asada was Chipotle's most-searched menu item and the second-most searched limited time offering among all national restaurant brands*In celebration of college football season, Chipotle is giving guests a first-time chance to score a BUY-ONE-GET-ONE (BOGO) free entrée deal by wearing a college football jersey in U.S. restaurants on Monday, September 15 after 5 p.m. local time**As an official partner of EA SPORTS™ College Football 26, Chipotle will be
For the 2025-26 school year, all student athletes at The Ohio State University, University of Florida and University of Georgia will receive a customized card granting them free Chipotle for the duration of their respective athletic seasonsChipotle's program will allow nearly 2,000 student athletes to benefit from NILChipotle launched two new ads that tap into the passion of college football: one featuring The Ohio State University football players Caleb Downs, Sonny Styles and Carnell Tate and the second starring University of Florida quarterback DJ Lagway and former basketball guard Walter Clayton Jr.NEWPORT BEACH, Calif., Aug. 27, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) tod
"Build-Your-Own Chipotle" serves four to six people and is a fast, easy, stress-free option to feed any small group occasion with no advance planning requiredThe offering brings the customizable Chipotle experience to guests' homes, allowing them to build their own entrees step by step with real ingredientsA new digital-exclusive menu offering, "Build-Your-Own Chipotle" launches tomorrow, Tuesday, August 26For a limited time, fans can enjoy $10 off their first "Build-Your-Own Chipotle" order with code TRYBYOC*NEWPORT BEACH, Calif., Aug. 25, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it will launch "Build-Your-Own Chipotle," a family meal offering intended to feed
Starting today, select guests in the Dallas area can have their Chipotle digital orders flown to them using Zipline with the launch of Zipotle's early access programZipline's autonomous aircraft, Zips, travel directly to customers' houses, conveniently delivering orders in just a few minutes of flyingNEWPORT BEACH, Calif., Aug. 21, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it is partnering with Zipline, the world's largest autonomous delivery system, to fly digital orders to guests' locations in greater Dallas. A small number of Zipline users will have access to Zipotle starting today, ahead of a broader service launch in the coming weeks. Chipotle's new delivery
The brand's new Chipotle U Rewards program is exclusively designed to reward every part of the college experience and bring more value to Gen Z than ever before The brand teamed up with Urban Outfitters to create the Urban Outfitters x Chipotle 'A Little Extra' Dorm Collection, a line of dorm room decor inspired by both brands' college superfansNEWPORT BEACH, Calif., Aug. 19, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it is bringing more value to college students than ever before with a new Chipotle U Rewards program created to recognize and celebrate students at various milestones of their higher education journey. Chipotle is the first major national restaurant
Chipotle Rewards members can put their brand knowledge to the test for a chance to win multiple prizes, including a BUY-ONE-GET-ONE free entrée code, Queso Blanco or Adobo Ranch offer and Chipotle Rewards points*For the first time ever, Chipotle IQ's gameplay period will span two weeks, running Tuesday, August 12 through Thursday, August 14 and Tuesday, August 19 through Thursday, August 21 for a chance to win more prizes than ever beforeNEWPORT BEACH, Calif., Aug. 11, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced the return of Chipotle IQ, the fan favorite trivia game that tests guests' knowledge on everything from Chipotle's real food to sourcing and sustainability
From July 28 to July 30, Chipotle's new interactive "AvoLotto Sweepstakes" will allow fans to scan real avocados using an AR Lens on Snapchat for a chance to score free guac for a year*On July 31, Chipotle Rewards members can score a free topping or side of guac with the digital code AVO2025 when they purchase a regular-priced entrée**Chipotle's National Avocado Day offers are giving guests more value than ever with the brand's biggest free guac drop in historyGuests who opt in to Chipotle Rewards "Summer of Extras" can earn free food even faster and track their progress with an interactive dashboard that provides ordering stats for Rewards membersNEWPORT BEACH, Calif., July 28, 2025 /PRNews
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Rothschild & Co Redburn upgraded Chipotle Mexican Grill from Neutral to Buy and set a new price target of $55.00
Piper Sandler upgraded Chipotle Mexican Grill from Neutral to Overweight and set a new price target of $50.00
BMO Capital Markets upgraded Chipotle Mexican Grill from Market Perform to Outperform and set a new price target of $65.00
Melius initiated coverage of Chipotle Mexican Grill with a rating of Hold and set a new price target of $60.00
Redburn Atlantic initiated coverage of Chipotle Mexican Grill with a rating of Neutral and set a new price target of $55.00
Argus downgraded Chipotle Mexican Grill from Buy to Hold
Loop Capital upgraded Chipotle Mexican Grill from Hold to Buy and set a new price target of $65.00 from $58.00 previously
Morgan Stanley upgraded Chipotle Mexican Grill from Equal-Weight to Overweight and set a new price target of $70.00 from $65.00 previously
CFRA upgraded Chipotle Mexican Grill from Buy to Strong Buy and set a new price target of $73.00 from $59.00 previously
RBC Capital Mkts resumed coverage of Chipotle Mexican Grill with a rating of Outperform and set a new price target of $70.00
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
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Live finance-specific insights
NEWPORT BEACH, Calif., Sept. 2, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, October 29, 2025 at 4:30 PM Eastern time to discuss third quarter 2025 financial results and provide a business update for the fourth quarter to date. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, October 29, 2025. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 9993024. International callers can dial 1-412-317-6061 and will be prompted to enter the code 9993024. The call will also be webcast live from the Company's website
NEWPORT BEACH, Calif., June 3, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, July 23, 2025 at 4:30 PM Eastern time to discuss second quarter 2025 financial results and provide a business update for the third quarter to date. A press release with second quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, July 23, 2025. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 5564931. International callers can dial 1-412-317-6061 and will be prompted to enter the code 5564931. The call will also be webcast live from the Company's website on the inves
NEWPORT BEACH, Calif., March 18, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, April 23, 2025 at 4:30 PM Eastern time to discuss first quarter 2025 financial results and provide a business update for the second quarter to date. A press release with first quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, April 23, 2025. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 9708556. International callers can dial 1-412-317-6061 and will be prompted to enter the code 9708556. The call will also be webcast live from the Company's website on the in
NEWPORT BEACH, Calif., Dec. 3, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Tuesday, February 4, 2025 at 4:30 PM Eastern time to discuss fourth quarter and full year 2024 financial results and provide a business update for the 2025 first quarter to date. A press release with fourth quarter and full year 2024 financial results will be issued at approximately 4:10 PM Eastern time on Tuesday, February 4, 2025. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 4898404. International callers can dial 1-412-317-6061 and will be prompted to enter the code 4898404. The call will also be webcast l
NEWPORT BEACH, Calif., Sept. 4, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Tuesday, October 29, 2024 at 4:30 PM Eastern time to discuss third quarter financial results and provide a business update for the fourth quarter to date. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern time on Tuesday, October 29, 2024. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 0106477. International callers can dial 1-412-317-6061 and will be prompted to enter the code 0106477. The call will also be webcast live from the Company's website on the investor
CMG will begin trading following the company's historic 50-for-1 stock splitAfter market close yesterday, shareholders of record as of June 18, 2024, received 49 additional shares for each share heldNEWPORT BEACH, Calif., June 26, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE:CMG) today announced that its 50-for-1 stock split was effective after market close yesterday and its shares will begin trading on a post-split basis today. After market close yesterday, shareholders of record as of June 18, 2024, received 49 additional shares for each share held. To commemorate this special event and in recognition of the company's strong performance, Chipotle will offer a special one-time eq
This is one of the biggest stock splits in New York Stock Exchange (NYSE) historyThe record date is June 18 and the stock will begin trading on a post-split basis on June 26NEWPORT BEACH, Calif., June 6, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE:CMG) today announced that during its annual meeting, its shareholders approved an increase in the number of authorized shares of its common stock, which is necessary to facilitate the company's 50-for-1 stock split. This will be one of the biggest stock splits in New York Stock Exchange (NYSE) history. Shareholders of record as of June 18, 2024 will receive 49 additional shares for each share held, which will be distributed after market
NEWPORT BEACH, Calif., June 5, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, July 24, 2024 at 4:30 PM Eastern time to discuss second quarter financial results and provide a business update for the third quarter to date. A press release with first quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, July 24, 2024. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 5419901. International callers can dial 1-412-317-6061 and will be prompted to enter the code 5419901. The call will also be webcast live from the Company's website on the investor r
RESTAURANT GENERAL MANAGERS WILL RECEIVE SPECIAL EQUITY GRANT NEWPORT BEACH, Calif., March 19, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE:CMG) today announced that its Board of Directors approved a 50-for-one split of its common stock. This would be one of the biggest stock splits in New York Stock Exchange (NYSE) history. The stock split is subject to shareholder approval of an amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of common stock to accommodate the stock split. The company intends to seek shareholder approval for this amendment at its upcoming annual meeting on June 6, 2024. If the Certificate of Incorporation amend
NEWPORT BEACH, Calif., March 5, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Wednesday, April 24, 2024 at 4:30 PM Eastern time to discuss first quarter financial results and provide a business update for the second quarter to date. A press release with first quarter financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, April 24, 2024. Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 7358132. International callers can dial 1-412-317-6061 and will be prompted to enter the code 7358132. The call will also be webcast live from the Company's website on the investor re
Live Leadership Updates
Chipotle Rewards members can put their brand knowledge to the test for a chance to win multiple prizes, including a BUY-ONE-GET-ONE free entrée code, Queso Blanco or Adobo Ranch offer and Chipotle Rewards points*For the first time ever, Chipotle IQ's gameplay period will span two weeks, running Tuesday, August 12 through Thursday, August 14 and Tuesday, August 19 through Thursday, August 21 for a chance to win more prizes than ever beforeNEWPORT BEACH, Calif., Aug. 11, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced the return of Chipotle IQ, the fan favorite trivia game that tests guests' knowledge on everything from Chipotle's real food to sourcing and sustainability
From July 28 to July 30, Chipotle's new interactive "AvoLotto Sweepstakes" will allow fans to scan real avocados using an AR Lens on Snapchat for a chance to score free guac for a year*On July 31, Chipotle Rewards members can score a free topping or side of guac with the digital code AVO2025 when they purchase a regular-priced entrée**Chipotle's National Avocado Day offers are giving guests more value than ever with the brand's biggest free guac drop in historyGuests who opt in to Chipotle Rewards "Summer of Extras" can earn free food even faster and track their progress with an interactive dashboard that provides ordering stats for Rewards membersNEWPORT BEACH, Calif., July 28, 2025 /PRNews
From June 1 through August 31, "Summer of Extras" will give Chipotle's U.S. loyalty members the chance to earn extra benefits, extra points and extra free Chipotle. Chipotle is dropping 10,000 free burritos¹ into the wallets of lucky Rewards members who participate in "Summer of Extras" program, every week from June 1 through August 31.One Chipotle Rewards member in each of the 48 states the company operates in, plus Washington D.C., will win free burritos for a year. 1,2To participate in "Summer of Extras," fans can join Chipotle Rewards and opt in to the program at chipotle.com/summer-of-extras.NEWPORT BEACH, Calif., May 19, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today anno
Kidd brings over 25 years of operations and retail experience to the company's Executive CommitteeHartung to step down as an executive officer to become a senior advisor for the company effective June 1NEWPORT BEACH, Calif., May 6, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that it hired Jason Kidd as its chief operating officer, effective May 19. Kidd will be responsible for overseeing operations of Chipotle's nearly 3,800 restaurants and will report directly to Chief Executive Officer Scott Boatwright, based in the company's Newport Beach headquarters. Additionally, after nearly 25 years with the company, President and Chief Strategy Officer Jack Hartung will st
The popular "Chipotle segments" on Strava are expanding to 25 cities, including international destinations for the first timeChipotle will motivate guests to achieve their goals with a new "Goals, Gym, Guac" motivational text message community, providing exclusive creator content and a chance to score a free Lifestyle Bowl offer1 on "No Quitters Day," January 10Chipotle's lineup of seven Lifestyle Bowls makes maintaining a healthy lifestyle easier than everNEWPORT BEACH, Calif., Jan. 2, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that its partnership with Strava, the app for active people with more than 135 million users in more than 190 countries, is back and bigg
Former CFO Jack Hartung to remain with the organization indefinitely as President and Chief Strategy Officer, beginning October 1, 202415-year Chipotle veteran, Rymer, and 6-year veteran, McConnell, will assume their new roles, beginning October 1, 2024NEWPORT BEACH, Calif., Aug. 28, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that it has accelerated the appointment of Adam Rymer to Chief Financial Officer, beginning October 1, 2024. Rymer will serve on Chipotle's executive leadership team and report to Scott Boatwright, Interim Chief Executive Officer. Former Chief Financial and Administrative Officer, Jack Hartung, will serve in his new role indefinitely as Presi
CHIPOTLE VETERAN ADAM RYMER NAMED SUCCESSOR NEWPORT BEACH, Calif., July 9, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that after nearly 25 years with the company, Jack Hartung has decided to retire, effective March 31, 2025. Hartung has served as Chief Financial Officer since 2002. The company also reported that Adam Rymer, a 15-year Chipotle veteran will assume the role of Chief Financial Officer, beginning January 1, 2025. Rymer joined Chipotle in 2009 and currently serves as Vice President of Finance, overseeing its Corporate Finance, Field Finan
For more than 20 years, Chipotle's iconic Celebrity Card has been primarily gifted to brand superfans who are athletes, artists, musicians, or influencersAt a time when social media and the speed of culture are redefining who is considered a celebrity, Chipotle is giving all fans the chance to receive a coveted Chipotle Celebrity CardFrom June 24 through July 3, fans can apply to become a Chipotle Celebrity Card holder via LinkedIn Easy Apply*Chipotle Celebrity Cards grant holders access to free Chipotle meals and catering for one yearNEWPORT BEACH, Calif., June 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that it is accepting applications on LinkedIn for its co
Chipotle unveils a curated list of its most unique restaurant locations for memorable Valentine's Day diningPeople with the word "Chipotle" in their online dating profiles are 2.4 times more likely to strike up a conversation with a potential matchChipotle will offer new Valentine's Day-themed virtual and physical gift cards for burrito loversNEWPORT BEACH, Calif., Feb. 1, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today launched a new Must-Visit Restaurant list featuring its most unique locations around the world, just in time for Valentine's Day. Whether fans are in a situationship or have proven their love by knowing their partner's Chipotle order, these restaurants feature ic
NEWPORT BEACH, Calif., Sept. 14, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced a new addition to its board of directors, Laura Fuentes, effective September 15. Brian Niccol, Chairman and Chief Executive Officer, stated: "We are pleased to welcome Laura to Chipotle's board. Her people leadership experience and deep understanding of the global hospitality industry will be pivotal in helping Chipotle to deliver added value to our guests, communities, employees and shareholders." With Ms. Fuentes' election, the Chipotle board will now be comprised of 10 di