CMG
Chipotle Mexican Grill, Inc.
CMG has the edge over GME overall, supported by stronger modeled upside and lower modeled downside.
GME
GameStop Corp.
GME offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
CMG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
CMG's revenue, profitability, cash flow and balance sheet are all currently healthy.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
CMG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 28x | $35.17 | — |
| Current | 33x | $35.17 | — |
| Cheap | 37x | $39.28 | +12% |
| Fair | 56x | $59.81 | +70% |
| Expensive | 91x | $97.34 | +177% |
Historical ranges are pointers, not guarantees.
CMG's PE is in its cheap range at 33x. If earnings grow as analysts expect, today's price would be 28x next year's earnings.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME has the edge over CMG in the historical PE scenario, which offers more potential upside but is not a forecast.
CMG Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
CMG has the edge over GME on the outlook, with more favorable valuation and earnings expectations.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
CMG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | +19% |
| Q3 2026 | $1.07 | -5.3% |
| Q2 2026 | $1.09 | -2.7% |
| Q1 2026 | $1.09 | -3.5% |
| Q4 2025 | $1.14 | +2.7% |
| Q3 2025 | $1.13 | +5.6% |
| Q2 2025 | $1.12 | +9.8% |
| Q1 2025 | $1.13 | +20% |
| Q4 2024 | $1.11 | +25% |
CMG earned $1.07 per share over the past year, down 5.3% from the year before.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME has the edge over CMG on earnings, with more consistent year-over-year improvement.
CMG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3B | +9.6% |
| Q2 2026 | $3.3B | +9.3% |
| Q1 2026 | $3.1B | +7.4% |
| Q4 2025 | $3B | +4.9% |
| Q3 2025 | $3B | +7.5% |
| Q2 2025 | $3.1B | +3% |
| Q1 2025 | $2.9B | +6.4% |
| Q4 2024 | $2.8B | +13% |
CMG has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -2.2 points |
| Q2 2026 | 16% | -2.6 points |
| Q1 2026 | 13% | -3.8 points |
| Q4 2025 | 14% | -0.5 points |
| Q3 2025 | 16% | -1.1 points |
| Q2 2025 | 18% | -1.5 points |
| Q1 2025 | 17% | +0.3 points |
| Q4 2024 | 15% | +0.2 points |
CMG's operating margin was 14% last quarter, down 2.2 points from the same quarter a year ago.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME has the edge over CMG on profitability, with a higher operating margin.
CMG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $347.1M | -15% |
| Q2 2026 | $463.4M | +16% |
| Q1 2026 | $471M | +14% |
| Q4 2025 | $228.4M | -35% |
| Q3 2025 | $406.2M | +36% |
| Q2 2025 | $400.7M | -5.1% |
| Q1 2025 | $412.3M | -5.6% |
| Q4 2024 | $353.9M | +278% |
CMG generated $1.5B in free cash flow over the past year, down 4% from the year before.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the edge over CMG on cash flow, with more consistent year-over-year improvement.
CMG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -11.4M shares |
| 1 year | -5.4% | -71.8M shares |
| 3 years | -8.4% | -116M shares |
| 5 years | -11% | -156M shares |
| Available history | -10% | -147M shares |
CMG has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $110M |
| Q2 2026 | $653.9M |
| Q1 2026 | $701M |
| Q4 2025 | $741.8M |
| Q3 2025 | $686.7M |
| Q2 2025 | $443.3M |
| Q1 2025 | $553.8M |
| Q4 2024 | $339M |
CMG spent $2.2B buying back its own shares over the past year, up 9.1% from the year before.
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has 593M diluted shares, up 8.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
CMG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
CMG has more cash than debt.
GME Net Leverage
CMG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.1 | Neutral |
| Stochastic | 56.0 | Neutral |
CMG's weekly RSI is 53 (neutral) and its Stochastic is 56 (neutral).
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
CMG PE vs Consumer Cyclical Sector
| Metric | CMG | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 18x | 82% above |
| PE % | 11 | 47 | 36 pts below |
CMG is trading at 33x earnings, a 82% premium to the Consumer Cyclical sector's median of 18x.
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME has the edge over CMG on valuation relative to its sector.
CMG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.8 | 11% above |
| 20 week MA | $33.8 | 4.1% above |
| 50 week MA | $34.6 | 1.7% above |
| 100 week MA | $41.3 | 15% below |
| 200 week MA | $44.6 | 21% below |
CMG has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 21% below its 200-week average.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME has the edge over CMG on trend strength, trading above more of its moving averages.
CMG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.7 | $28.3 | +69% |
| 2021 | $28.3 | $35.0 | +24% |
| 2022 | $35.0 | $28.3 | -19% |
| 2023 | $28.3 | $45.7 | +62% |
| 2024 | $45.7 | $60.8 | +33% |
| 2025 | $60.8 | $37.8 | -38% |
| 2026 YTD | $37.8 | $35.2 | -7% |
CMG has finished higher in four of the last six years, two of them by more than 50%. It's down 7% so far in 2026.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over CMG on returns for 2026, with the stronger performance.