Where Will Chipotle Stock Be in 5 Years?
Chipotle Mexican Grill's (NYSE: CMG) stock has been a strong performer over the past five years -- it's up about 250% during that stretch. However, now that its former CEO, Brian Niccol, has left to take the helm of Starbucks, many investors are wondering where Chipotle and the stock may be headed over the next five years.
Future valuations are typically dependent on two main things: growth and valuation multiples. With that in mind, let's take a look at the company's main growth drivers and valuation to try to predict where Chipotle may be in five years.
The biggest driver of a stock over the long term is typically growth. If a company is not delivering solid revenue and earnings growth, its stock price will typically flounder.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
With 75 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 51.65 € the target price of 2357 € shows a potential of 4463.41% for Chipotle Mexican Grill Inc. which would more than double the current price.
