Chipotle (CMG) Receives a Buy from Evercore ISI

In a report released today, David Palmer from Evercore ISI maintained a Buy rating on Chipotle, with a price target of $45.00.

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Palmer covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Chipotle, and Domino’s Pizza. According to TipRanks, Palmer has an average return of 4.1% and a 57.58% success rate on recommended stocks.

In addition to Evercore ISI, Chipotle also received a Buy from Citi’s Jon Tower in a report issued today. However, on March 30, Exane BNP Paribas initiated coverage with a Hold rating on Chipotle (NYSE: CMG).

Based on Chipotle’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.98 billion and a net profit of $330.93 million. In comparison, last year the company earned a revenue of $2.85 billion and had a net profit of $331.76 million

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CMG in relation to earlier this year. Most recently, in February 2026, Patricia Filikrushel, a Director at CMG sold 3,350.00 shares for a total of $122,543.00.