Chipotle (CMG, $853.51) gets ratings boost & price target hike from Wedbush, on strong digital prospects and new menu items
Shares of Chipotle Mexican Grill jumped +1.2% Monday, following a rating upgrade from Wedbush.
Analyst Nick Setyan upgraded his rating of the fast food restaurant chain' shares to outperform from neutral. He also boosted his 12-month stock price target from $780 to $980, the highest target of all the analysts surveyed by FactSet.
Setyan indicated that Chipotle is in a leading position to “enable a multi-year streak of mid- to high single digit SSS growth”, amidst a growing focus on digital transaction sin the industry. The analyst also hopes that new menu items like quesadillas, carne asada and white queso would bolster same-store sales growth for Chipotle.
In July, the chain’s second-quarter results revealed that its digital sales nearly doubled. Digital sales surged +99.1%, and contributed to 18.2% of total sales for the quarter. This was the program’s first full quarter since it began.
Setyan mentioned that loyalty would be a strong, key driver of penetration of Chipotle’s own app among consumers. He said CMG would be “at the top of restaurant apps” in terms of its popularity of usage on handheld devices.
Momentum Indicator for CMG turns positive, indicating new upward trend
CMG saw its Momentum Indicator move above the 0 level on June 20, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CMG just turned positive on June 16, 2025. Looking at past instances where CMG's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
CMG moved above its 50-day moving average on June 16, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMG advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 294 cases where CMG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where CMG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CMG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: CMG's P/B Ratio (20.367) is very high in comparison to the industry average of (5.422). P/E Ratio (46.708) is within average values for comparable stocks, (42.722). Projected Growth (PEG Ratio) (2.272) is also within normal values, averaging (1.873). Dividend Yield (0.000) settles around the average of (0.054) among similar stocks. P/S Ratio (6.301) is also within normal values, averaging (8.564).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
an operator of fast-casual, fresh Mexican food restaurants
Industry Restaurants
Advertisement