32.6% Below Target

The consensus Wall Street price target for CMG is $43.06, representing 32.6% upside from the current price of $32.485. With 67 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

CMG has a consensus rating of "Buy" based on 67 Wall Street analysts. The rating breakdown is predominantly bullish, with 47 Buy/Strong Buy ratings. The consensus 12-month price target of $43.06 implies 32.6% upside from current levels.

CMG trades at a forward P/E of 28.6161x, representing a moderate valuation. With analysts targeting $43.06 (32.6% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $52 for CMG, while the most conservative target is $36. The consensus of $43.06 represents the median expectation. Our quantitative valuation model projects a bull case target of $52 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CMG is heavily covered by Wall Street, with 67 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 47 have Buy ratings, 20 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CMG stock forecast based on 67 Wall Street analysts shows a consensus price target of $43.06, with estimates ranging from $36 (bear case) to $52 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $40, with bear/bull scenarios of $25/$52.

Our quantitative valuation model calculates CMG's fair value at $40 (base case), with a bear case of $25 and bull case of $52. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 67/100.

CMG trades at a forward P/E ratio of 28.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.5x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on CMG, with a "Buy" consensus rating and $43.06 price target (32.6% upside). 47 of 67 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CMG analyst price targets range from $36 to $52, a 37% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $43.06 consensus represents the middle ground. Our model's $25-$52 range provides an independent fundamental perspective.