Wells Fargo Raises Chipotle Mexican Grill Price Target to $65, Maintains Overweight Rating

Wells Fargo analyst Zachary Fadem reaffirmed his "Overweight" rating on Chipotle Mexican Grill (CMG), raising the price target from $55 to $65. This reflects an 18.18% increase and a positive outlook on the company's growth prospects. The average one-year price target from 31 analysts is $59.64, with an upside of 12.02% from the current price of $53.25. The average brokerage recommendation is 1.9, indicating "Outperform" status.

Wells Fargo analyst Zachary Fadem has reaffirmed his "Overweight" rating on Chipotle Mexican Grill (CMG) while raising the price target from $55 to $65. This represents an 18.18% increase, reflecting a positive outlook on the company's growth prospects. The move underscores the analyst's confidence in Chipotle's ongoing performance and future potential.

The average one-year price target from 31 analysts is $59.64, indicating an average upside of 12.02% from the current price of $53.25. The consensus brokerage recommendation is 1.9, which equates to an "Outperform" status, further highlighting the market's optimism towards the company [1].

Chipotle Mexican Grill, Inc., operates in the fast-casual dining sector, offering a variety of Mexican-inspired dishes through its restaurants and digital platforms. The company has been experiencing steady growth, driven by its focus on quality ingredients and customer satisfaction. Recent earnings reports have shown robust financial performance, with earnings per share (EPS) beating analyst expectations and revenue growth outpacing industry averages.

The positive sentiment surrounding Chipotle Mexican Grill is not limited to Wells Fargo. Raymond James analyst Brian Vaccaro has also raised the price target from $58.00 to $62.00, reflecting a 6.90% increase. Additionally, several institutional investors have recently increased their stakes in the company, including Bridgewater Advisors Inc. and Vinva Investment Management Ltd. [2, 3].

Institutional ownership of CMG is significant, with approximately 91.31% of the stock currently owned by institutional investors. This indicates strong support from large investment firms, further bolstering the company's market position.

The recent price target increases and positive analyst ratings suggest that investors should closely monitor Chipotle Mexican Grill's performance. As the company continues to expand its operations and refine its business model, it remains well-positioned to capitalize on the growing demand for fast-casual dining options.

References:

[1] https://www.marketbeat.com/instant-alerts/barclays-increases-chipotle-mexican-grill-nysecmg-price-target-to-5500-2025-07-17/
[2] https://www.gurufocus.com/news/2985673/chipotle-mexican-grill-cmg-gets-price-target-boost-by-raymond-james-cmg-stock-news
[3] https://www.marketbeat.com/instant-alerts/filing-5798-shares-in-chipotle-mexican-grill-inc-nysecmg-bought-by-bridgewater-advisors-inc-2025-07-17/