DA Davidson Initiates Chipotle Mexican Grill (CMG) with Buy Rating and $51 Price Target

Chipotle Mexican Grill, Inc. (NYSE:CMG) earns a place on our list of 13 stocks with consistent growth to buy right now.

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Analyst sentiment toward Chipotle Mexican Grill, Inc. (NYSE:CMG) has recently turned positive, even though several institutional investors have held varying positions in the stock. While some major investors reduced their holdings, the outlook remains optimistic.

On March 6, 2026, citing prospects for a significant turnaround in fiscal 2026, DA Davidson analyst Matt Curtis noted that the firm’s sales and EPS projections are above consensus over the next two years. These could support valuation multiple expansion as top-line momentum improves, including several sales-driving initiatives that could help trends return to the company’s historical mid-single-digit growth range by year-end. He began covering Chipotle Mexican Grill, Inc. (NYSE:CMG) with a “Buy” rating and a $51 price target.

Despite the Chipotle Mexican Grill, Inc. (NYSE:CMG)’s stronger sales outlook noted by analysts, Bill Ackman’s Pershing Square Capital Management sold its stake in Chipotle during the fourth quarter of 2025, indicating a change in the fund’s portfolio positioning. To read more about Bill Ackman’s portfolio, you can check our Recent Article dedicated to the billionaire’s recent activity surrounding his holdings.

Chipotle Mexican Grill, Inc. (NYSE:CMG) functions as a fast-casual restaurant chain that specializes in customizable meals, digital ordering, and restaurant expansion in both domestic and foreign markets. It serves freshly produced burritos, bowls, tacos, and salads.

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