Should I Buy Chipotle Stock in 2025?
Chipotle Mexican Grill (NYSE: CMG) is set to report its fourth-quarter and full-year earnings for 2024 on Feb. 4. More importantly, it is the first full quarter for Scott Boatwright, who took over in August as interim CEO. Boatwright impressed the board to the point that it dropped the word "interim" from his job title in November, firmly installing him as the company's leader.
Nonetheless, the question for investors is whether his leadership will bring prosperity to Chipotle in 2025, or whether investors need to lower expectations on this restaurant stock.
Chipotle has become one of the more notable success stories in the restaurant industry. While it did not invent fast food, the company showed the market that it can make meals that are healthy and profitable. Its simple but effective approach has led to a footprint that now exceeds 3,600 locations (mainly in the U.S.) and continues to expand.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is an absolute favorite of our community with 73 Buy predictions and no Sell predictions.
With a target price of 63 € there is a positive potential of 34.9% for Chipotle Mexican Grill Inc. compared to the current price of 46.7 €.