Chipotle Mexican Grill (CMG) Expected to Announce Quarterly Earnings on Wednesday

Chipotle Mexican Grill (NYSE:CMG) is anticipated to post its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Chipotle Mexican Grill to announce earnings of $0.2905 per share and revenue of $3.29 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 4:30 PM ET.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the prior year, the company earned $0.33 earnings per share. The company’s revenue was up 9.3% on a year-over-year basis. On average, analysts expect Chipotle Mexican Grill to post $1.14 EPS for the current fiscal year and $1.37 EPS for the next fiscal year.

Chipotle Mexican Grill Stock Up 3.1%

Shares of NYSE:CMG opened at $28.37 on Tuesday. Chipotle Mexican Grill has a 52-week low of $27.31 and a 52-week high of $41.52. The stock has a market cap of $35.90 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.67 and a beta of 0.96. The business has a 50-day moving average price of $33.51 and a 200-day moving average price of $34.37.

Analysts Set New Price Targets

A number of brokerages recently commented on CMG. BTIG Research reiterated a “buy” rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Gordon Haskett cut their price target on shares of Chipotle Mexican Grill from $42.00 to $36.00 and set a “hold” rating on the stock in a report on Monday, October 19th. DA Davidson set a $45.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday. Citigroup reduced their price target on shares of Chipotle Mexican Grill from $45.00 to $43.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Chipotle Mexican Grill from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Twenty-seven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $43.56.

Insiders Place Their Bets

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $35.75, for a total transaction of $95,631.25. Following the sale, the insider directly owned 21,415 shares of the company’s stock, valued at approximately $765,586.25. This trade represents a 11.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.45% of the company’s stock.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.