Chipotle Mexican Grill, Inc. (CMG) earnings on April 29, 2026
More Chipotle Mexican Grill, Inc. earnings
Prior outlook: Optimistic Outcome: Accurate
The stock rose after the earnings report. It climbed as much as 6.93% during the day before settling to close up 2.97%.
CMG price around the earnings
33.97
Change: +3.0%
2026-04-30, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Strong expectations, price may climb.
Experts are confident in this stock due to strong recent price increases and consistent positive analyst ratings, even though it is nearing a price ceiling. The company's history of exceeding expectations in past earnings reports adds to this positive outlook.
Context analyzed before publication
- Summary
- Strong expectations; the scenario is optimistic.
- Playbook
- With strong momentum and analyst backing, the scenario is optimistic, especially considering its past performance.
- Trend
- Analyst confidence improving over past two sessions.
Analysts
Drivers
-
Analysts
Positive
Most analysts maintain buy ratings, and the average price target is above current price. This indicates strong confidence from financial experts regarding the company's future performance.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.74
- Analysts covering the stock
- 35
- Average price target
- 43.8
- Lowest price target
- 36
- Highest price target
- 53
- Upside to price target
- 21.5%
- Quarterly earnings growth
- -0.3%
- Revenue growth
- 4.9%
- Forward EPS
- 1.36
- Trailing EPS
- 1.14
- Analyst moves in the last 60 days
- 6
- Strong buy: 4
- Buy: 22
- Hold: 12
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 22
- Hold
- 12
- Sell
- 0
- Strong sell
- 0
- April 21, 2026 · Raymond James: Maintains rating (Outperform → Outperform)
- April 17, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
- April 14, 2026 · Citigroup: Maintains rating (Buy → Buy)
- March 20, 2026 · TD Cowen: Reiterates rating (Buy → Buy)
- March 20, 2026 · Mizuho: Upgrades rating (Neutral → Outperform)
- March 6, 2026 · DA Davidson: Initiates coverage (Buy)
News and sentiment
Drivers
-
News & sentiment
Positive
News surrounding the stock consists of positive analyst actions, and retail investors are expressing strong positive sentiment. This alignment suggests a favorable market perception.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- Raymond James Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $41 — Benzinga
- RBC Capital Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $45 — Benzinga
- Citigroup Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $44 — Benzinga
- If You Invested $100 In Chipotle Mexican Grill Stock 15 Years Ago, You Would Have This Much Today — Benzinga
- Here's How Much You Would Have Made Owning Chipotle Mexican Grill Stock In The Last 10 Years — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has experienced a significant price increase recently, showing strong buying interest. It is market review below its highest point of the year; the scenario is optimistic.
Evidence
- Average true range (ATR)
- 2.9%
- Distance to 52-week high
- -38.3%
- 14-day change (14d)
- +10.5%
- 30-day change
- +3.8%
- 30-day relative strength
- +0.0%
- Benchmark change
- +3.8%
- Nearest support
- 30.62
- Nearest resistance
- 37.08
- Volume accumulation ratio
- 0.82
Trends
Evidence
- Average earnings surprise
- +2.9%
- February 3, 2026: actual EPS 0.25 vs estimate 0.24 (surprise +4.9%)
- October 29, 2025: actual EPS 0.29 vs estimate 0.29 (surprise +0.9%)
- July 23, 2025: actual EPS 0.33 vs estimate 0.33 (surprise +1.3%)
- April 23, 2025: actual EPS 0.29 vs estimate 0.28 (surprise +4.7%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 18 earnings
- Median move
- 6.4%
- 75th percentile move
- 10%
- 90th percentile move
- 13.9%
- Up / down moves
- 9 / 9
- Average up move
- +6.8%
- Average down move
- -7.6%
Monitoring and close
What Chipotle Mexican Grill, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +3.0%
- Max favorable move (MFE)
- 6.9%
- Max adverse move (MAE)
- 0%