Raymond James Sees Menu Pricing Momentum Building at Chipotle (CMG)

Chipotle Mexican Grill, Inc. (NYSE:CMG) is included among the 13 Best Blue Chip Stocks to Buy Under $50.

Raymond James says its latest pricing checks amusement that Chipotle Mexican Grill, Inc. (NYSE:CMG) has softly started raising paper prices successful a fewer markets. This lines up with what absorption said connected its Q3 call, explaining that it planned to usage a “test-and-learn” and determination attack to pricing arsenic it moves into 2026. So far, the steadfast has noticed 2 increases: astir 2.5% successful Denver and a small implicit 3% successful Sacramento. It is inactive unclear erstwhile different markets mightiness spot akin changes, but Raymond James expects Chipotle to proceed rolling retired phased increases successful the 2% to 3% scope done 2026. That could construe into paper pricing maturation of astir 1% to 2% twelvemonth implicit year. On December 5, the steadfast rates the banal Outperform.

On December 8, Chipotle Mexican Grill, Inc. (NYSE:CMG) disclosed successful an SEC filing that its committee approved different $1.8 cardinal for stock buybacks. The committee typically authorizes caller repurchase pools each quarter, but starting with this latest move, it plans to o.k. larger amounts that tin money buybacks crossed respective quarters astatine a time.

In different news, connected December 12, Chipotle Mexican Grill, Inc. (NYSE:CMG) marked a large milestone by opening its 4,000th restaurant, located successful Manhattan, Kansas, besides known arsenic the “Little Apple.” The institution is present much than halfway toward its semipermanent extremity of reaching 7,000 restaurants crossed the US and Canada. Since CEO Scott Boatwright took implicit successful 2017, Chipotle has added astir 1,700 caller locations, increasing its footprint by much than 70%. For 2025, Chipotle expects to unfastened 315 to 345 caller restaurants, with astatine slightest 80% featuring a Chipotlane. Looking up to 2026, absorption is readying 350 to 370 openings, including 10 to 15 tally by planetary partners.

Chipotle Mexican Grill, Inc. (NYSE:CMG) is simply a fast-casual edifice concatenation known for its customizable Mexican-inspired meals.

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