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​Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the Best Stocks to Buy While the Market Is Down.

​The Street has a bullish sentiment on Chipotle Mexican Grill, Inc. (NYSE:CMG) as 67% of the 42 analysts covering the stock have a Buy rating on the stock. Moreover, the average 12-month price target on the stock suggests more than 22% upside from the current level.

​Recently, on April 17, RBC Capital lowered the firm’s price target on the stock from $50 to $45, while maintaining a Buy rating on the shares. The rating comes ahead of the company’s FQ1 2026 earnings, expected to be released on April 29. RBC expects the same-store sales to beat the consensus estimates slightly. The optimism for the sales beat is based on an easier year-over-year comparison as consumer traffic declined in February 2025.

​Moreover, the firm expects the company to reiterate flat same-store-sales guidance for fiscal 2026, mainly due to macroeconomic uncertainties from consumer spending pressures. However, RBC sees room for improvement as the conditions get better later in the year.

​Chipotle Mexican Grill, Inc. (NYSE:CMG) is a global fast-casual restaurant chain known for customizable burritos, tacos, bowls, and salads, emphasizing high-quality, responsibly sourced ingredients and classic cooking methods, operating over 3,900 locations by late 2025.

While we acknowledge the potential of CMG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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