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01.11.25 - 20:48
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Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending (24/7 Wall St.)
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Shares of Chipotle Mexican Grill (NYSE: CMG) collapsed over 20% on growing concerns about affordability and signs of a weakened US consumer. Things were already bad for the stock going into earnings, but the results combined with management's bluntly negative comments were the final blow. Today, nearly half the stock's value from its 52-week peak ... Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending
The post Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending appeared first on 24/7 Wall St.....
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30.10.25 - 15:42
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Chipotle Misses Q3 Estimates: ′Traffic Reversal Presents Confounding Problem′ (Benzinga)
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Chipotle stock slides after Q3 earnings miss and analyst downgrades. KeyBanc, BTIG, TD Cowen and Stephens lowered price targets.
Latest Ratings for CMG
DateFirmActionFromTo Feb 2022Morgan StanleyMaintainsOverweight Feb 2022Deutsche BankMaintainsHold Feb 2022BarclaysMaintainsEqual-Weight
View More Analyst Ratings for CMG
View the Latest Analyst Ratings
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30.10.25 - 15:25
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Chipotle Shares Plunge Most Since 2012 On Alarming "Consumer Slowdown" Materializing (ZeroHedge)
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Chipotle Shares Plunge Most Since 2012 On Alarming "Consumer Slowdown" Materializing
Shares of Chipotle Mexican Grill plunged in premarket trading after the company slashed its full-year sales outlook for the third time this year, now forecasting a low single-digit decline from the previous reporting year instead of flat growth. The downgrade reflects a clear pullback in discretionary dining behavior this fall, as working-class consumers tighten budgets amid mounting economic pressures. None of this should come as a surprise, as we cautioned in our note last week, "Low-Income Consumers Pulling Back on Restaurant Spending May Signal Trouble Ahead."
Trouble ahead indeed: Shares of Chipotle cratered 18% in premarket trading, adding to a brutal 34% year-to-date decline. It's been a rotten year for investors as the burrito chain, heavily exposed to younger, cost-sensitive consumers with mounting student loans and insurmountable credit card debt, bears the brunt of an emerg...
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