Shares of Chipotle (NYSE: CMG) fell 38.6% last year, according to data from S&P Global Market Intelligence. The fast-casual leader in Mexican food had poor traffic and sales figures last calendar year, leading investors to sell the stock. With over 4,000 locations in North America, there are worries that the brand is facing market saturation, which will inhibit growth in the coming years.
This is why Chipotle stock fell in 2025. But is it a buy-the-dip candidate for 2026?
For years, investors could bet on steady growth at Chipotle. It would open new stores and grow revenue at existing locations, fueling cumulative revenue growth of 178% over the last 10 years.
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