Chipotle Mexican Grill Option Alert: Mar 21 $60 Calls at the Ask: 4100 vs 9949 OI

Chipotle Mexican Grill Option Alert: Mar 21 $60 Calls at the Ask: 4100 @ $1.28 vs 9949 OI; Ref=$58.06

Chipotle Mexican Grill 주식 (NYSE: CMG)

Chipotle Mexican Grill (NYSE:CMG) 주식

Chipotle Mexican Grill

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $11.3 billion in 2024. The Mexican concept is almost exclusively company-owned, with just three license stores operated through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of 3,726 stores at the end of 2024, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

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수요일(23일) 미국 증시는 급등했다. 다우존스는 419 포인트 이상 상승하여 39,606.57포인트에 이르렀다. 수요일 소매 투자자와 트레이더들이 주목한 주식은 다음과 같다. 테슬라, IBM, 치폴레, 텍사스 인스트루먼트 및 알파벳

수요일 주목받은 주식: 테슬라, IBM, 치폴레, 텍사스 인스트루먼트 및 알파벳

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1분기 실적: 패스트 캐주얼 레스토랑 체인 회사 치폴레는 1분기 매출이 29억 달러로 애널리스트 예상치 29억 5천만 달러를 하회했다고 보고했다. 벤징가 프로에 따르면 치폴레는 주당 29센트의 조정 순익을 보고하여 애널리스트의 예상치인 주당 28센트를 상회했다.

치폴레 1분기 실적 발표, 소비자 지출 둔화로 동일점포매출 감소···시간외 2% 하락

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링크가 매입한 종목에는 보잉(NYSE:BA), GE 항공(NYSE:GE), 팔로알토 네트웍스(NASDAQ:PANW), 치폴레 멕시칸 그릴(NYSE:CMG), 메타 플랫폼스(NASDAQ:META)가 포함된다.

독점: 시장 휩쏘 속 스테파니 링크가 매수한 &#39;최고의 주식&#39; 5종목은?

Chipotle Mexican Grill, Inc. Common Stock

Chipotle Mexican Grill Inc

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Guggenheim analyst Gregory Francfort maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Neutral and lowers the price target from $48 to $47.

Price Target

Analyst Ratings

Guggenheim Maintains Neutral on Chipotle Mexican Grill, Lowers Price Target to $47

Loop Capital analyst Alton Stump maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Buy and lowers the price target from $65 to $63.

Loop Capital Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $63

Chipotle Mexican Grill Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) reported <a href="https://www.benzinga.com/general/restaurants/25/04/44965628/chipotle-investors-get-burnt-on-q1-earnings-as-comparable-sales-fall-amid-slowdown-in-consumer-spending">first-quarter FY25 earnings </a>on Wednesday after market close. 
The following are the comments from two different analysts on the fast-casual restaurant chain&#8217;s performance:
<ul>
<li>Goldman Sachs analyst Christine Cho reiterated a Buy rating on the shares and lowered the price forecast from $62 to $57.</li>
<li>Bank of America Securities analyst Sara Senatore reiterated a Buy rating on the shares with a price forecast of $64.</li>
</ul>
Also Read: <a href="https://www.benzinga.com/news/earnings/25/04/44977669/pepsico-ceo-warns-of-tariffs-led-increase-in-supply-chain-costs-cuts-annual-profit-outlook">PepsiCo CEO Warns Of Tariffs Led &#8216;Increase In Supply Chain Costs,&#8217; Cuts Annual Profit Outlook</a>
Goldman Sachs: Chipotle's first-quarter 2025 results came in close to expectations, with adjusted earnings of 29 cents versus consensus estimates of 28 cents.
Traffic fell more than anticipated at -2.3%. This contributed to a slowdown as same-store sales growth declined 0.4% compared to a 5.4% gain in the prior quarter.
Total revenue of $2.88 billion missed projections by 2–4%, despite steady new store openings. Margins slightly outperformed expectations, with restaurant-level margin at 26.2% and EBITDA margin at 20.1%. 
Management struck a cautious tone. Traffic, they warn, may stay negative through the first half of the year due to consumer spending uncertainty.
Chipotle has revised its estimates on the impact of recent tariffs. The company now expects a 20 basis point cost hit in the second quarter, mainly due to existing inventory. 
The ongoing effect on the cost of sales is projected at 50 basis points. That&#8217;s down from the 60 basis points forecast in February. Guidance does not include potential effects from delayed tariffs or the 25% duties on imports from Mexico and Canada.
Despite near-term pressure, the analyst remains optimistic long-term. Growth initiatives such as the Chipotle Honey Chicken limited-time offer, stronger marketing efforts, and operational upgrades should help, analysts noted.
Bank of America: Chipotle's same-store sales growth (SSSG) of -0.4% in the first-quarter fell short of expectations, though the analyst suggests calendar shifts and weather may have masked steadier underlying trends.
Encouragingly, a pickup in the two-year growth rate from March to April signals potential momentum. The BofA analyst also expects improved sales ahead, driven by easier year-over-year comparisons, strong performance from limited-time offers like honey chicken, and increased ad spending.
Analysts expect upcoming tariffs to weigh on margins by 20 basis points in the second quarter and 50 basis points for the full year. Efficiencies from prior portion investments and operational upgrades like new kitchen equipment should counterbalance these pressures.
Price Action: CMG shares traded higher by 0.79% at $49.15 at last check Thursday.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44984872/gillette-parent-procter-gamble-slides-on-q3-sales-decline-lowered-outlook">Gillette And Tide Maker Procter &amp; Gamble Feels The Heat From Commodity And Forex Costs, Cuts Profit Outlook</a></li>
</ul>
Image: Shutterstock

Analyst Color

Reiteration

General

Chipotle Battles Slumping Sales, Analyst Pin Hope On Honey Chicken

RBC Capital analyst Logan Reich maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Outperform and lowers the price target from $65 to $60.

RBC Capital Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $60

UBS analyst Dennis Geiger maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Buy and lowers the price target from $65 to $60.

UBS Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $60

U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade <a href="https://www.benzinga.com/markets">tensions boosts risk sentiment.</a>
Positive quarterly results and robust guidance from U.S. firms is fueling hopes the economy can weather the ongoing tariff headwinds and avoid a recession.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
At midday trading in New York, the Nasdaq 100 surged 2.2%, climbing above the 19,000 mark for the first time in two weeks. The S&amp;P 500 advanced 1.5%, while the Dow Jones Industrial Average underperformed, rising 0.9%.
Technology stocks broadly outperformed, with strength concentrated in the Magnificent Seven and the semiconductor space.
Among major movers, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) soared 15% after reporting results that beat Wall Street expectations and issuing bullish forward guidance. In contrast, shares of International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) slumped 8% as the tech giant showed lower-than-expected non-GAAP earnings. 
In the consumer staples sector, Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) dropped more than 5% after missing revenue estimates.
Treasury yields continued to ease, with yields on the 10-year Treasury down 5 basis points to 4.33%. 
Gold rebounded modestly after suffering a 2.7% slide on Wednesday. Natural gas prices extended their losing streak, plunging 4.9% and heading for a tenth consecutive negative session. 
In the crypto market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.5% to trade at $93,300. 
<h2 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,095.73</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,456.36</td>
<td>1.5%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,943.95</td>
<td>1.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,944.47</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.5% up to $543.71.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.9% to $399.51.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 2.1% to $464.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.5% to $193.08.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 3%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.8%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
Stocks reacting to earnings included: 
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): up 0.6%</li>
<li>O'Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>): down 3.1%</li>
<li>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>): up 0.7%</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>): down 6.4%</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>): up 6.0%</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>): up 0.4%</li>
<li>ServiceNow, Inc. up 14.9%</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): up 5.5%</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>): up 10.0%</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>): up 3.6%</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): down 7.6%</li>
<li>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>): up 3.6%</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>): up 1.2%</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>): up 8.9%</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>): down 3.0%</li>
<li>Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>): up 7.1%</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): up 5.2%</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>): down 9.7%</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): up 2.3%</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.1%</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 2.5%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): up 0.4%</li>
<li>The Procter &amp; Gamble Company: down 5.3%</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): down 0.2%</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): down 0.2%</li>
<li>Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>): down 1.8%</li>
<li>Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): down 5.3%</li>
<li>Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): up 2.1%</li>
<li>Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 5.2%</li>
<li>Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>): down 4.8%</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): up 16.1%</li>
<li>CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>): up 2.3%</li>
<li>Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>): down 1.8%</li>
<li>CenterPoint Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>): up 1.8%</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>): down 10.7%</li>
<li>PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>): down 0.8%</li>
<li>Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>): down 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>): up 5.5%</li>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 0.6%</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>): down 0.4%</li>
<li>L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>): up 0.4%</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>): down 6.1%</li>
<li>Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>): up 1.8%</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 2.2%</li>
<li>Ameriprise Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>): down 0.2%</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): down 16.4%</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>): up 3.4%</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): up 9.7%</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>): down 3.1%</li>
</ul>
Stocks slated to report earnings after the bell include T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), VeriSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>), Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>), Principal Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), Physicians Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>), The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>), Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>), Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Erie Indemnity Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read also: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44985682/apples-ai-delays-rising-cost-pressures-trigger-price-target-cut-from-bank-of-america">Apple AI Delays, Rising Cost Pressures Trigger Price Target Cut From Bank Of America</a></li>
</ul>
Photo: Shutterstock

Large Cap

$BTC

ALLE

CBRE

CMCSA

SPDR Dow Jones Industrial Average ETF Trust

ERIE

GILD

INTC

LRCX

NDAQ

ORLY

POOL

TMUS

TSCO

VRSN

Select Sector SPDR-Consumer Discretionary

Wall Street Rally Extends Into Third Day: What's Driving Markets Thursday?

Morgan Stanley maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Overweight and lowers the price target from $67 to $65.

Morgan Stanley Maintains Overweight on Chipotle Mexican Grill, Lowers Price Target to $65

Truist Securities analyst Jake Bartlett maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Buy and lowers the price target from $64 to $63.

Truist Securities Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $63

Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) shares are trading on volatility Thursday. The company reported first-quarter earnings after the market <a href="https://www.benzinga.com//node/44965628">closed on Wednesday.</a>
What To Know: The company reported adjusted earnings per share of 29 cents, beating analysts&#8217; estimate of 28 cents. In addition, the company reported sales of $2.90 billion, missing analysts&#8217; estimate of $2.95 billion, but representing a 6.4% year-over-year increase.
Chipotle attributed the revenue growth to new restaurant openings. The company announced comparable restaurant sales fell&nbsp;0.4%&nbsp;year-over-year due to lower transactions of&nbsp;2.3%. 
During the first quarter, the company repurchased approximately $553.7 million worth of its stock. It has $847.7 million remaining under its current buyback authorization.
&#8220;While our&nbsp;first quarter&nbsp;results were impacted by several headwinds including weather and a slowdown in consumer spending, our teams continue to make significant progress improving the execution in our restaurants, innovating our back of house, and building Chipotle into a global iconic brand,&#8221; said&nbsp;Scott Boatwright, CEO, Chipotle.
&#8220;I am confident that we have a strong plan to return to positive transaction comps by the second half of the year, and during these uncertain times, we will continue to invest in the things that make Chipotle a special brand – our people, culinary, value proposition, innovation and growth.&#8221;
2025 Outlook: It sees full year comparable restaurant sales growth in the low single digit range. Furthermore, Chipotle expects 315 to 345 new company-owned restaurant openings.
Analyst Changes: Following the earnings report, multiple analysts lowered <a href="https://www.benzinga.com/quote/CMG/analyst-ratings">their price targets.</a>
<ul>
<li>Keybanc analyst Eric Gonzalez maintained an Overweight rating on Chipotle and lowered the price target from&nbsp;$60&nbsp;to&nbsp;$58.</li>
<li>Evercore ISI Group analyst David Palmer maintained an Outperform rating on Chipotle and lowered the price target from&nbsp;$64&nbsp;to&nbsp;$57.</li>
<li>Wells Fargo analyst Zachary Fadem maintained an Overweight rating on Chipotle and lowered the price target from&nbsp;$60&nbsp;to&nbsp;$55.</li>
</ul>
See Also: <a href="https://www.benzinga.com/general/biotech/25/04/44981281/french-drugmaker-sanofi-clocks-20-q1-profit-growth-forecasts-strong-rebound-in-annual-profit">French Drugmaker Sanofi Clocks 20% Q1 Profit Growth, Forecasts Strong Rebound In Annual Profit</a>
CMG Price Action: At the time of writing, Chipotle stock is trading 0.66% higher at $49.07, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: via Shutterstock

What's Going On With Chipotle Mexican Grill Shares Thursday?

Piper Sandler analyst Brian Mullan maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Neutral and lowers the price target from $59 to $52.

Piper Sandler Maintains Neutral on Chipotle Mexican Grill, Lowers Price Target to $52

WIIM

CMG stock has given up its prior loss. Chipotle Mexican Grill shares were trading lower after the company reported worse-than-expected Q1 sales results.

Keybanc analyst Eric Gonzalez maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Overweight and lowers the price target from $60 to $58.

Keybanc Maintains Overweight on Chipotle Mexican Grill, Lowers Price Target to $58

Evercore ISI Group analyst David Palmer maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Outperform and lowers the price target from $64 to $57.

Evercore ISI Group Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $57

Wells Fargo analyst Zachary Fadem maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Overweight and lowers the price target from $60 to $55.

Wells Fargo Maintains Overweight on Chipotle Mexican Grill, Lowers Price Target to $55

Baird analyst David Tarantino maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Outperform and lowers the price target from $62 to $56.

Baird Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $56

Stephens &amp; Co. analyst Jim Salera maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Equal-Weight and lowers the price target from $54 to $49.

Stephens & Co. Maintains Equal-Weight on Chipotle Mexican Grill, Lowers Price Target to $49

TD Securities analyst Andrew Charles maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Buy and lowers the price target from $60 to $57.

TD Securities Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $57

On Wednesday, U.S. stocks surged with the Dow Jones jumping over 419 points to 39,606.57. The NASDAQ climbed 2.5% to 16,708.05, and the S&amp;P 500 increased by 1.7% to 5,375.86.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) rose 1.90% to close at $245.48, hitting an intraday high of $249.34 and a low of $243.66. Its 52-week range is between $266.45 and $162.62. IBM reported <a href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details">first-quarter earnings</a> of $1.60 per share, surpassing analyst expectations of $1.40. Revenue also exceeded forecasts at $14.54 billion, compared to the anticipated $14.4 billion.
Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) saw a 3.52% increase, closing at $48.76. The stock reached a high of $49.70 and a low of $48.22, with a 52-week high of $69.26 and a low of $44.46. Chipotle reported first-quarter revenue of $2.9 billion, <a href="https://www.benzinga.com/general/restaurants/25/04/44965628/chipotle-investors-get-burnt-on-q1-earnings-as-comparable-sales-fall-amid-slowdown-in-consumer-spending">missing the $2.95 billion estimate</a>. However, adjusted earnings of 29 cents per share beat the expected 28 cents.
See Also:&nbsp;<a href="https://benzinga.com/25/04/44919745/tesla-shifts-cybertruck-marketing-strategy-to-appeal-to-traditional-pick-up-truck-customers-amid-poor-sales" target="_blank" rel="noreferrer noopener">Cybertruck Gets A Down-To-Earth Redesign As Tesla Shifts To Traditional Pickup Marketing Amid Poor Sales</a>
Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) climbed 3.67% to finish at $152.15, with a high of $155.34 and a low of $151.28. Its 52-week high and low are $220.38 and $139.95, respectively. Texas Instruments reported an 11% year-over-year revenue increase, with strong guidance for navigating supply chain dynamics. In the first quarter, revenue came in at $3.91 billion. The earnings per share of $1.28 beat estimates of $1.07.
Class A shares of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) rose 2.56% to $155.35, reaching a high of $157.53 and a low of $153.81. The stock&#8217;s 52-week range is $207.05 to $140.53. The company&#8217;s Class C shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) ended the day 2.48% higher at $157.72.  Alphabet is set to announce its quarterly earnings, with analysts predicting an <a href="https://www.benzinga.com/insights/earnings/25/04/44956346/a-glimpse-of-alphabets-earnings-potential">EPS of $2.02.</a>
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) surged 5.37% to close at $250.74, with an intraday high of $259.45 and a low of $244.43. Its 52-week high and low are $488.54 and $157.40. Tesla <a href="https://www.benzinga.com/25/04/44955303/tesla-stock-is-ripping-higher-wednesday-whats-driving-the-action">shares soared</a> following the release of its first-quarter results, despite missing revenue and earnings estimates.
Benzinga Edge Stock Rankings ranks Chipotle stock Quality in the 82nd percentile and Growth at the 72nd percentile. How do other restaurant chains compare? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here</a> to find out.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="445" height="286" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23215917/Screenshot-2025-04-24-at-10.58.12.png" alt="" class="wp-image-885496" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23215917/Screenshot-2025-04-24-at-10.58.12.png 445w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23215917/Screenshot-2025-04-24-at-10.58.12-300x193.png 300w" sizes="(max-width: 445px) 100vw, 445px" /></a></figure>
Photo Courtesy: Goodvibes Photo on Shutterstock.com
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44969765/cathie-wood-buys-more-nvidia-and-amd-stock-as-chinese-tech-giants-stockpile-chips-amid-looming-us-export-curbs">Cathie Wood Buys More NVIDIA And AMD Stock As Chinese Tech Giants Stockpile Chips Amid Looming US Export Curbs</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Tesla, IBM, Chipotle, Texas Instruments, Alphabet: Why These 5 Stocks Are On Investors' Radars Today

Chipotle Mexican Grill Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) reported financial results for the first quarter after the market close on Wednesday. Here&#8217;s a look at the key details<a href="https://www.benzinga.com/pressreleases/25/04/n44964490/chipotle-announces-first-quarter-2025-results"> from the quarter</a>.
Q1 Earnings: Chipotle reported first-quarter revenue of $2.9 billion, missing analyst <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">estimates</a>&nbsp;of $2.95 billion. The fast-casual restaurant chain company reported adjusted earnings of 29 cents per share, beating analyst estimates of 28 cents per share, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Chipotle said total revenue increased 6.4% on a year-over-year basis, but comparable restaurant sales fell 0.4% year-over-year due to lower transactions of&nbsp;2.3%. The total revenue growth was largely driven by new restaurant openings. Chipotle opened 57 new restaurants in the quarter, and 48 of those locations included a Chipotlane. 
Digital sales represented 35.4% of food and beverage revenue. Restaurant level operating margin was 26.2% in the first quarter. Food, beverage and packaging costs came in at 29.2% of total revenue, up from 28.8% in the first quarter of 2024. Chipotle said the increase was primarily due to inflation and higher usage across several items, including avocados, dairy and chicken.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/04/44945107/bearish-charts-and-upbeat-q1-estimates-heres-how-chipotle-stock-is-doing-after-recent-price-target-revisions">Chipotle Stock Faces Bearish Charts Despite Upbeat Q1 Estimates And Price Target Revisions</a>
The company also repurchased $553.7 million of its stock during the first quarter. Chipotle had $874.7 million remaining under its share repurchase authorization as of March 31.
&#8220;While our first quarter results were impacted by several headwinds, including weather and a slowdown in consumer spending, our teams continue to make significant progress improving the execution in our restaurants, innovating our back of house, and building Chipotle into a global iconic brand,&#8221; said Scott Boatwright, CEO of Chipotle.
&#8220;I am confident that we have a strong plan to return to positive transaction comps by the second half of the year, and during these uncertain times, we will continue to invest in the things that make Chipotle a special brand — our people, culinary, value proposition, innovation and growth.&#8221;
Guidance: Chipotle expects full-year 2025 comparable restaurant sales growth in the low-single-digit range, down from prior guidance for growth in the low- to mid-single-digit range. The company continues to expect to open between 315 and 345 new restaurants in 2025 with more than 80% including a Chipotlane.
Chipotle executives will further discuss the quarter on a conference call with investors and analysts at 4:30 p.m. ET.
CMG Price Action: <a href="https://www.benzinga.com/quote/CMG" target="_blank" rel="noreferrer noopener">Chipotle shares</a> were down approximately 20% year-to-date heading into Wednesday&#8217;s report. Shares were down 3.61% after-hours, trading at $46.34 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/general/restaurants/25/04/44907247/restaurant-sector-q1-volatilty-from-weather-inflation-analyst-lowers-price-targets">Restaurant Sector Q1 Volatilty From Weather, Inflation — Analyst Lowers Price Targets</a></li>
</ul>
Photo: Shutterstock.

Chipotle Investors Get Burnt On Q1 Earnings As Comparable Sales Fall Amid Slowdown In Consumer Spending

Chipotle Mexican Grill shares are trading lower after the company reported worse-than-expected Q1 sales results.

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CHIPOTLE MEXICAN GRILL TO ANNOUNCE FIRST QUARTER 2025 RESULTS ON APRIL 23, 2025

CHIPOTLE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Chipotle Mexican Grill, Inc. - CMG

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