CMG Price Prediction Next Week
Based on the comprehensive analysis of news, technical indicators, and market sentiment, here is the price prediction for CMG for the next trading week:
Technical Analysis
- RSI (14) at 28.33 indicates oversold conditions
- MACD showing bearish momentum with -1.39
- Price trading below all major moving averages (5,10,20,60-day SMAs)
- Bollinger Bands showing price near lower band, suggesting potential bounce
News Sentiment Impact
- Citi placed CMG on "90-day positive catalyst watch" with Buy rating
- New honey chicken limited-time offer launching in March expected to boost traffic and sales
- Stock is down 13% year-to-date, creating potential reversal opportunity
- Mixed Q4 results with same-store sales growth of 5.4% missing estimates
Price Targets Short-term (Next Week):
- Support: $50.51 (Fibonacci S2)
- Resistance: $58.33 (Fibonacci R1)
- Target Price: $54.50-$55.34 (Fibonacci Pivot)
Trading Recommendation: BUY
- Entry Point: Current price ($51.46)
- Stop Loss: $50.50
- Take Profit: $55.30
Rationale:
- Oversold technical conditions suggest potential bounce
- Positive catalyst from new product launch in March
- Strong analyst support with price targets indicating upside
- Current price near technical support levels
The stock is likely to see a technical bounce from oversold levels, supported by positive catalysts and analyst optimism. However, broader market conditions and resistance levels may limit immediate upside potential.
CMG Similar Chart Price Prediction
The price of CMG is predicted to go up 6.12%, based on the high correlation periods with CPHC. The similarity of these two price pattern on the periods is 93.11%.
CMG
CPHC
Up: 6.12%Similarity: 93.11%
CMG Revenue Forecast
CMG EPS Forecast
CMG FAQs
What is bull’s view on CMG?
What is bear's view on CMG?
What is CMG revenue forecast for next quarter？
What is CMG eps forecast for next quarter？
CMG VS S&P500
Accelerated digital adoption during the pandemic supercharged Chipotle's loyalty program, which should continue to drive increased order frequency and reduce customer churn.
Chipotlanes should position the brand to better compete with quick-service rivals while opening up new trade areas. They're in 25% of the existing store footprint and in 80% of new unit openings.
The firm remains behind its 2014 throughput high-water marks, suggesting that recent operational initiatives targeting transaction capacity could provide a durable, multiyear lever for growth.
CMG Analyst's Forecast
Jon Tower
Citigroup
Strong Buy
2025-02-05
Price Target
$69 → $70
Upside
+21.72%
Citi analyst Jon Tower lowered the firm's price target on Chipotle to $69 from $70 and keeps a Buy rating on the shares as part of a Q4 earnings preview. Investors appear concerned about one-year comps slowing into year-end and Q1 to-date, which is likely due to holiday shifts and weather rather than underlying demand weakening, the analyst tells investors in a research note. In addition, Citi sees Chipotle offering its avocado tariff exposure with pricing should this prove a more permanent headwind.
Jeffrey Bernstein
Barclays
Hold
2025-01-07
Price Target
$60 → $63
Upside
+8.64%
Logan Reich
RBC Capital
Buy
2024-12-17
Price Target
$70 → $75
Upside
+16.66%
