History of Chipotle Mexican Grill
Chipotle Mexican Grill Stock Price Forecast- Chipotle Mexican Grill, Inc., also called Chipotle, is a globally recognized fast-casual restaurant chain specializing in freshly prepared bowls, tacos, and Mission burritos. As of March 2023, 3,200 restaurants are operated by Chipotle.
Chipotle was founded on July 13, 1993, by Steve Ells, and had 16 stores before McDonald’s Corporation invested heavily in 1998. By 2006, when McDonald’s entirely divested from Chipotle, the chain had grown to over 500 locations.
Chipotle was ranked eighth on a list of the fastest-growing restaurant chains in 2009, based on sales growth in the United States over the previous year, and third in 2010. In 2011, Consumer Reports selected Chipotle as the top Mexican fast-food chain. The company serves around 750,000 clients each day.
In January 2023, the firm announced plans to hire 15,000 people and open 7,000 new sites, up from 6,000 previously. This would treble its footprint. At the time of the announcement, it employed more than 116,068Â people.
Current Price Prediction of Chipotle Mexican Grill Inc. Stock
Chipotle Mexican Grill Stock Price Prediction 2024 To 2040
| CMG INC Price Prediction by Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $2950.73 | $3140.89 | $3351.35 |
| 2025 | $3245.24 | $3448.80 | $3682.88 |
| 2026 | $3453.85 | $3682.88 | $4049.54 |
| 2027 | $3620.09 | $4059.54 | $4497.98 |
| 2028 | $3795.88 | $4365.61 | $4943.61 |
| 2029 | $3809.07 | $4425.15 | $5042.14 |
| 2030 | $5557.60 | $8407.98 | $8575.68 |
| 2040 | $7914.84 | $8378.57 | $9035.41 |
Chipotle Mexican Grill Stock Price Forecast 2024
According to our Analysis and extensive market research by our team specialists, Chipotle Mexican Grill’s share price will reach a record maximum of $3351.35 in 2024 and a minimum price of $2950.73. The average share price of Chipotle Mexican Grill will be $3140.89 if the market maintains steady and little change.
Chipotle Mexican Grill Stock Price Forecast 2025
According to our expertise and market judgment, 2025 will be a fantastic season for all the shareholders, who have invested their money in Chipotle Mexican Grill Stock. The Record Maximum and Minimum Prices of the Stocks are $3682.88 and $3245.24. The average price this stock will maintain is $3448.80.
Chipotle Mexican Grill Stock Price Forecast 2026
If You are Planning to Buy or Sell Chipotle Mexican Grill stock in the Year 2026, it will be a very wise decision to Consider. So, according to our expertise, the maximum price CMG stock will touch in 2026 will be $4049.54 and the minimum price will be $3453.85. The average price this stock will maintain is $3448.80.
Chipotle Mexican Grill Stock Price Forecast 2027
2027 will be a year of good luck for all the CMG Shareholders. Each of your shares will attain a maximum price of $4497.98 and a minimum price of $3620.09. However, if we consider a stable economy, the stock will have an average price of $4059.54. It is advised to hold the stock for longer because, according to our calculations, the price may rise in upcoming years.
Chipotle Mexican Grill Stock Price Forecast 2028
According to our analysis and judgment, we predicted that CMG stock will reach of maximum rank of $4943.61 and a minimum price of $3795.88. We anticipate that this share’s average price of $4365.61.
Chipotle Mexican Grill Stock Price Forecast 2029
The year 2029 seems to be profitable for Chipotle Mexican Grill shareholders. The maximum price range of CMG stock of $5042.14 and the minimum price range around$3809.07 and the average price this stock will maintain is $4425.15. If you are a CMG shareholder, brace yourself to become rich in the year 2029.
Chipotle Mexican Grill Stock Price Forecast 2030
We Predicted long-term success for Chipotle Mexican Grill sense, In addition, we forecast a large growth in the stock market by 2030. Analysis Predicted that Chipotle Mexican Grill will minimum reach $5557.60 in 2030. The value of a CMG Share is the maximum increase to $8575.68 and the project that the stock could rise to the average price of $8407.98.
Chipotle Mexican Grill Stock Price Forecast 2040
In 2040, the maximum price of a Chipotle Mexican Grill Stock would be multiplicative. It will reach a maximum price of $9035.41 and a minimum price of $7914.84. These prices are much higher than in the preceding years. The average price this stock will maintain is $8378.57.
Also Read: Rio Tinto Stock Price Prediction 2024, 2025, 2026, 2030, 2040, 2050
Frequently Asked Questions-
What is the 2024 prediction for Chipotle Mexican Grill?
The 26 analysts with 12-month price forecasts for CMG stock have an average target of $3140.89 and a high estimate of $3351.35.Â
Is Chipotle a good long-term stock?
Chipotle Mexican Grill (CMG) has given long-term investors plenty to cheer about. Over the past 15 years, Chipotle stock has averaged an annual return of 28.9%, easily outpacing the S&P 500’s 15.7% gain.Â
Does CMG pay dividends?
Chipotle Mexican Grill (NYSE: CMG)Â does not pay a dividend.
Why does Chipotle not pay dividends?
Chipotle Mexican Grill doesn’t pay any dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business.
Disclaimer:Â The information on this page is not intended to be financial advice. It is for general information only and should not be used to make investment decisions. Please consult with a professional financial advisor before making any investment decisions.
