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Churchill Downs (CHDN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CHDN Stock Forecast

Churchill Downs (CHDN) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $156.67, with a high of $164.00 and a low of $151.00. This represents a 25.87% increase from the last price of $124.47.

$120 $129 $138 $147 $156 $165 High: $164 Avg: $156.67 Low: $151 Last Closed Price: $124.47

CHDN Stock Rating

Churchill Downs stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 5 Strong Sell Sell Hold Buy Strong Buy

CHDN Forecast vs Benchmarks

TypeNameUpside
StockChurchill Downs25.87%
SectorConsumer Cyclical Stocks 4.57%
IndustryGambling, Resorts & Casinos Stocks 19.52%
IdeaSports Betting Stocks List14.89%

Price Target Trends

1M3M12M
# Anlaysts--8
Avg Price Target--$157.50
Last Closing Price$124.47$124.47$124.47
Upside/Downside--26.54%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2529---11
Dec, 2429---11
Nov, 24292--13
Oct, 24392--14
Sep, 24392--14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Jeffrey StantailStifel Nicolaus$164.00$134.1322.27%31.76%
Oct 22, 2024Ben ChaikenMizuho Securities$151.00$135.4911.45%21.31%
Aug 12, 2024Shaun KelleyBank of America Securities$155.00$133.6615.97%24.53%
Jul 29, 2024David KatzJefferies$167.00$144.6415.46%34.17%
Jul 26, 2024Ben ChaikenMizuho Securities$157.00$140.6811.60%26.13%
Jul 22, 2024Jeffrey StantailStifel Nicolaus$160.00$140.1114.20%28.55%
Jul 18, 2024Barry JonasTruist Financial$165.00$143.0415.35%32.56%
Apr 15, 2024Daniel PolitzerWells Fargo$141.00$120.7316.79%13.28%
Oct 03, 2023Jeffrey StantialStifel Nicolaus$148.00$114.6129.13%18.90%
Aug 21, 2023Jordan BenderJMP Securities$155.00$124.0324.97%24.53%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Truist FinancialUnderperformUnderperformhold
Aug 12, 2024Bank of America SecuritiesBuyupgrade
Jul 26, 2024MacquarieOutperformOutperformhold
Jul 17, 2024JMP SecuritiesOutperformOutperformhold
Jul 16, 2024Wells FargoOverweightOverweighthold
Jul 11, 2024Wells FargoMarket OutperformMarket Outperformhold
Jul 11, 2024JefferiesBuyBuyhold
Apr 15, 2024Wells FargoMarket OutperformOverweightupgrade
Apr 09, 2024Wells FargoMarket OutperformMarket Outperformhold
Mar 11, 2024Wells FargoMarket OutperformMarket Outperformhold

Financial Forecast

EPS Forecast

$-1 $1 $3 $5 $7 $9 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.17$3.23$5.79$5.55----
Avg Forecast$-0.05$3.23$4.16$5.09$5.76$6.90$8.06$9.07
High Forecast$-0.05$3.12$4.06$4.59$5.60$6.03$7.46$8.84
Low Forecast$-0.05$3.35$4.39$5.46$5.95$7.45$8.42$9.37
Surprise %-440.00%-39.18%9.04%----

Revenue Forecast

$1B $2B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.05B$1.60B$1.81B$2.46B----
Avg Forecast$1.04B$1.59B$1.80B$2.45B$2.73B$3.00B$3.15B$3.19B
High Forecast$1.02B$1.55B$1.77B$2.44B$2.72B$2.95B$3.15B$3.13B
Low Forecast$1.07B$1.64B$1.88B$2.47B$2.77B$3.04B$3.15B$3.27B
Surprise %1.06%0.36%0.35%0.37%----

Net Income Forecast

$-200M $-10M $180M $370M $560M $750M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$13.30M$249.10M$439.40M$417.30M----
Avg Forecast$-117.87M$201.32M$492.84M$417.30M$439.60M$510.36M$597.96M$676.00M
High Forecast$-157.76M$161.06M$394.27M$333.84M$426.46M$458.58M$567.83M$672.57M
Low Forecast$-77.98M$241.59M$591.41M$500.76M$452.74M$567.15M$640.51M$712.94M
Surprise %-111.28%23.73%-10.84%-----

CHDN Forecast FAQ

Is Churchill Downs stock a buy?

Churchill Downs stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Churchill Downs is a favorable investment for most analysts.

What is Churchill Downs's price target?

Churchill Downs's price target, set by 5 Wall Street analysts, averages $156.67 over the next 12 months. The price target range spans from $151 at the low end to $164 at the high end, suggesting a potential 25.87% change from the previous close price of $124.47.

How does Churchill Downs stock forecast compare to the average forecast of its sector, industry, and investment themes?

Churchill Downs stock forecast shows a 25.87% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%) and outperforming the gambling, resorts & casinos stocks industry (19.52%), leading the sports betting stocks list (14.89%) investment theme.

What is the breakdown of analyst ratings for Churchill Downs over the past three months?

  • January 2025: 18.18% Strong Buy, 81.82% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 18.18% Strong Buy, 81.82% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 15.38% Strong Buy, 69.23% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.

What is Churchill Downs’s EPS forecast?

Churchill Downs's average annual EPS forecast for its fiscal year ending in December is 5.76 for 2024, a 3.78% increase from the reported $5.55 in 2023. The prediction for 2025 is $6.9, $8.06 for 2026, and $9.07 for 2027.

What is Churchill Downs’s revenue forecast?

Churchill Downs's average annual revenue forecast for its fiscal year ending in December is $2.73B for 2024, a 11.00% increase from the reported $2.46B in 2023. The forecast for 2025 is $3B, $3.15B for 2026, and $3.19B for 2027.

What is Churchill Downs’s net income forecast?

For its fiscal year ending in December, Churchill Downs's average annual net income forecast is $439.6M for 2024, reflecting an 5.34% increase from the reported $417.3M in 2023. The projection for 2025 is $510.36M, $597.96M for 2026, and $676M for 2027.