For the first quarter of 2026, analysts expect Chipotle to report consensus revenue of $3.07 billion and EPS of $0.24, with the current stock price of $34.21 trading significantly below the average analyst target of $44.82.
The primary focus for investors this quarter is the recovery of comparable restaurant transactions, as the company seeks to reverse a multi-quarter trend of declining guest traffic.
Despite aggressive unit expansion plans of up to 370 new restaurants for the year, Chipotle faces margin headwinds from rising beef and avocado costs. Management's 'Recipe for Growth' strategy, including a newly relaunched loyalty program and menu innovations like Honey Chicken, aims to stabilize sales following a disappointing flat-guidance outlook in early 2026.