Chipotle Stock’s Worst Slump Since 2012 – Bulls and Bears Clash on CMG’s Future
Chipotle shares plunged 18% to $31.69 on Oct. 31, 2025, their worst drop since 2012, after Q3 results missed expectations and management cut sales guidance for the third time this year. The stock is down 47% in 2025, sharply underperforming the S&P 500 and industry peers. Same-store sales rose just 0.3% as customer traffic fell. Wall Street analysts slashed price targets but most maintain buy ratings.