Jim Cramer on Chipotle Mexican Grill: “It’s Got to Show Some Better-Than-Expected Numbers, and It Hasn’t Been Able to Do That Yet”

Jim Cramer gave top insight on Chipotle Mexican Grill, Inc. (NYSE:CMG), sharing a game plan of what to buy, sell, and hold right now. During the episode, a caller asked for Cramer’s thoughts on the company, and he said:

Man, I gotta tell you, I thought candidly it was going to hold at this level. This is the crunch time. It’s at $30. I think it can do so. But here’s the problem. It’s got to show some better-than-expected numbers, and it hasn’t been able to do that yet. Scott Boatwright, you must deliver a better quarter. You got one month left. April 29, you gotta deliver. Have to.

Photo by Joshua Mayo on Unsplash

Chipotle Mexican Grill, Inc. (NYSE:CMG) owns and operates restaurants that provide burritos, bowls, tacos, salads, and other menu items. A caller asked what Cramer thinks of the stock over the long term and highlighted that they were in the “house of pain.” In response, the Mad Money host commented:

The house of pain is a terrible place to be. Though I had the Chicken al Pastor, man, that was dynamite, but that’s not going to be dispositive to the stock. I think the stock is marking time, but that the numbers are going to turn here. Scott Boatwright is doing everything right. It’s been at $34, $35 since it’s reported. I’m feeling okay about it, but I don’t like the restaurant group that much because it translates as being, if gasoline is up, restaurants are down. That’s the way it is.

We recently discussed the stock as part of our list of best restaurant stocks to buy for growth in 2026. You can read more here.

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