Morgan Stanley raises target for Chipotle Mexican Grill stock to USD 40.00

Published on 10/15/2026 at 21:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stephens cut its target to USD 38.00 on October 15, 2026. Chipotle Mexican Grill stock costs EUR 27.38 on October 15, 2026 at 9:43 p.m. CEST.

Analyst targets and earnings date

Morgan Stanley raised its Chipotle target to USD 40.00 on October 15, 2026.
Stephens lowered its target to USD 38.00 on October 15, 2026.
Chipotle Mexican Grill stock costs EUR 27.38 at Lang & Schwarz on October 15, 2026 at 9:43 p.m. CEST.
Chipotle will discuss third-quarter results on October 28, 2026.

Isometrisches 3D-Diagramm der Restaurantwertschöpfungskette von Farm bis Lieferung — Chipotle Mexican Grill Wertschöpfungskette isometrisch von der Farm bis zur Lieferung verdeutlicht Aktie US1696561059, Illustration mit AI erstellt.

Morgan Stanley raised its Chipotle Mexican Grill price target from USD 39.00 to USD 40.00 on October 15, 2026, according to Markets Insider. The target stood 30.72 percent above Chipotle's USD 30.60 home-exchange price at 3:49 p.m. ET. Chipotle Mexican Grill stock was trading at EUR 27.38 at Lang & Schwarz on October 15, 2026 at 9:43 p.m. CEST.

Two target changes set the tone

Stephens lowered its price target from USD 40.00 to USD 38.00 and kept an Equal Weight rating on October 15, 2026, Markets Insider reported. The opposing revisions leave the analyst picture split, while both firms kept neutral ratings.

Revenue reached USD 3.35 billion

Chipotle generated USD 3.35 billion in revenue in the second quarter of 2026, compared with USD 3.09 billion in the first quarter. Operating profit was USD 525.6 million and net income attributable to common shareholders was USD 403.5 million in the second quarter. The operating margin was 16.00 percent for that period.

Price position and valuation

The NYSE quote was USD 30.60 at 3:49 p.m. ET on October 15, 2026, while the 52-week range was USD 28.04 to USD 42.74. Chipotle's market capitalization was USD 38.7 billion and its price earnings ratio was 28.06. A 31-analyst consensus put the average 12-month target at USD 43.76 on October 14, 2026, according to Investing.com.

Comparison with peers

Chipotle Mexican Grill: price earnings ratio 28.06, market capitalization USD 38.7 billion.
McDonald's (NYSE, USD): price earnings ratio 19.65, market capitalization USD 171.2 billion.
Yum! Brands (NYSE, USD): price earnings ratio 18.90, market capitalization USD 41.0 billion.

October 28 results date

Chipotle had announced on September 1, 2026 that it would discuss third-quarter results on October 28, 2026 at 4:30 p.m. ET, according to Chipotle InvestorRoom. The release will provide the next formal update on sales, margins and restaurant expansion.

Stock remains between range levels

The euro quotation places the German trading view below the USD 42.74 yearly high and above the USD 28.04 low, although those currencies are not directly comparable. The October 28 results call is the next scheduled company date.

Chipotle Mexican Grill stock was trading at EUR 27.38 at Lang & Schwarz on October 15, 2026 at 9:43 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Chipotle Mexican Grill stock.