Chesapeake Energy (CHK) Stock Forecast, Price Target & Predictions


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CHK Stock Forecast


Chesapeake Energy stock forecast is as follows: an average price target of $103.27 (represents a 41.04% upside from CHK’s last price of $73.22) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

CHK Price Target


The average price target for Chesapeake Energy (CHK) is $103.27 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $118.00 to $75.00. This represents a potential 41.04% upside from CHK's last price of $73.22.

CHK Analyst Ratings


Buy

According to 15 Wall Street analysts, Chesapeake Energy's rating consensus is 'Buy'. The analyst rating breakdown for CHK stock is 0 'Strong Buy' (0.00%), 9 'Buy' (60.00%), 6 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Chesapeake Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 20, 2024Cameron BeanScotiabank$105.00$73.2443.36%43.40%
Jul 30, 2024Mike SciallaStephens$118.00$76.2454.77%61.16%
May 01, 2024Nitin KumarMizuho Securities$101.00$87.4815.45%37.94%
Apr 09, 2024Betty JiangBarclays$102.00$89.9113.45%39.31%
Apr 09, 2024Lloyd ByrneJefferies$115.00$89.9127.91%57.06%
Jan 12, 2024Nitin KumarMizuho Securities$104.00$79.6230.62%42.04%
Apr 25, 2023Mike SciallaStephens$91.00$79.7814.06%24.28%
Feb 08, 2023-Citigroup$90.00$85.095.77%22.92%
Aug 22, 2022-Goldman Sachs$117.00$96.3321.46%59.79%
Jul 18, 2022Umang ChoudharyGoldman Sachs$106.00$83.1827.43%44.77%
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The latest Chesapeake Energy stock forecast, released on Aug 20, 2024 by Cameron Bean from Scotiabank, set a price target of $105.00, which represents a 43.36% increase from the stock price at the time of the forecast ($73.24), and a 43.40% increase from CHK last price ($73.22).

Chesapeake Energy Price Target by Period


1M3M12M
# Anlaysts126
Avg Price Target$105.00$111.50$107.50
Last Closing Price$73.22$73.22$73.22
Upside/Downside43.40%52.28%46.82%

In the current month, the average price target of Chesapeake Energy stock is $105.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 43.40% increase as opposed to Chesapeake Energy's last price of $73.22. This month's average price target is down -5.83% compared to last quarter, and down -2.33% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 20, 2024ScotiabankSector PerformSector PerformHold
Aug 09, 2024Piper SandlerOverweightOverweightHold
Aug 09, 2024BenchmarkBuyBuyHold
Jul 30, 2024StephensEqual-WeightEqual-WeightHold
Jul 17, 2024Wolfe Research-OutperformInitialise
Jun 27, 2024UBSSector PerformSector PerformHold
Jun 27, 2024StephensUnderperformUnderperformHold
May 01, 2024StephensEqual-WeightEqual-WeightHold
Apr 09, 2024UBSNeutralNeutralHold
Apr 09, 2024JefferiesBuyBuyHold
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Chesapeake Energy's last stock rating was published by Scotiabank on Aug 20, 2024. The company gave CHK a "Sector Perform" rating, the same as its previous rate.

Chesapeake Energy Financial Forecast


Chesapeake Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Revenue------------$2.75B$1.51B$1.42B$3.04B$4.12B$3.16B-$656.00M$3.08B$887.00M$691.00M-$2.52B$1.90B$2.06B$2.37B$2.16B$3.07B
Avg Forecast$2.94B$2.84B$2.74B$2.87B$2.71B$2.40B$2.24B$2.34B$1.39B$764.59M$822.54M$1.30B$1.64B$1.47B$1.58B$1.42B$1.65B$1.80B$1.99B$1.57B$1.79B$1.39B$736.63M$854.00M$3.66B$2.93B$1.84B$1.49B$15.60B$2.74B
High Forecast$3.65B$3.52B$3.40B$3.57B$3.36B$2.98B$2.78B$2.91B$1.73B$840.34M$1.02B$1.61B$1.64B$1.90B$1.96B$1.77B$2.05B$2.23B$1.99B$1.97B$2.26B$1.75B$926.94M$1.07B$4.39B$3.51B$2.21B$1.79B$18.72B$3.29B
Low Forecast$2.22B$2.14B$2.07B$2.17B$2.04B$1.81B$1.69B$1.77B$1.05B$646.88M$621.21M$980.86M$1.63B$1.03B$1.19B$1.07B$1.24B$1.36B$1.99B$1.07B$1.23B$951.46M$504.05M$584.35M$2.93B$2.34B$1.47B$1.19B$12.48B$2.19B
# Analysts334545223731211595448655510916201612
Surprise %------------1.68%1.03%0.90%2.13%2.50%1.76%-0.42%1.72%0.64%0.94%-0.69%0.65%1.12%1.59%0.14%1.12%

Chesapeake Energy's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.30B, with a low forecast of $980.86M, and a high forecast of $1.61B. CHK's average Quarter revenue forecast represents a -52.86% decrease compared to the company's last Quarter revenue of $2.75B (Dec 23).

Chesapeake Energy EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts334545223731211595448655510916201612
EBITDA------------$1.30B$430.00M$450.00M$1.89B$2.69B$1.45B-$-648.00M$1.76B$-338.00M$-421.00M-$-7.52B$396.00M$688.00M$853.00M$345.00M$837.00M
Avg Forecast$1.11B$1.07B$1.03B$1.08B$1.02B$904.52M$842.74M$882.72M$524.97M$288.24M$310.08M$-315.72M$618.05M$553.15M$595.54M$-287.02M$620.73M$-234.78M$750.75M$-260.92M$676.32M$-213.44M$-310.89M$75.86K$-11.76B$-263.79M$100.52M$120.12M$-335.05M$488.39M
High Forecast$1.38B$1.33B$1.28B$1.35B$1.27B$1.12B$1.05B$1.10B$652.31M$316.79M$385.30M$-252.58M$619.88M$714.54M$739.99M$-229.61M$771.30M$-187.83M$750.75M$-208.74M$851.05M$-170.75M$-248.71M$91.03K$-9.41B$-211.03M$120.63M$144.14M$-268.04M$586.07M
Low Forecast$837.07M$807.66M$778.97M$818.39M$770.19M$683.12M$636.46M$666.66M$396.48M$243.86M$234.18M$-378.86M$616.23M$389.52M$449.77M$-344.42M$468.79M$-281.74M$750.75M$-313.11M$462.78M$-256.13M$-373.07M$60.69K$-14.11B$-316.55M$80.42M$96.10M$-402.06M$390.72M
Surprise %------------2.10%0.78%0.76%-6.57%4.34%-6.18%-2.48%2.60%1.58%1.35%-0.64%-1.50%6.84%7.10%-1.03%1.71%

1 analysts predict CHK's average Quarter EBITDA for Mar 24 to be $-315.72M, with a high of $-252.58M and a low of $-378.86M. This is -124.36% lower than Chesapeake Energy's previous annual EBITDA (Dec 23) of $1.30B.

Chesapeake Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts334545223731211595448655510916201612
Net Income------------$569.00M$70.00M$391.00M$1.39B$3.58B$883.00M-$-764.00M$1.43B$-345.00M$-430.00M-$-8.31B$-324.00M$-61.00M$-82.00M$-21.00M$513.00M
Avg Forecast$358.23M$273.46M$262.06M$339.94M$252.87M$155.93M$131.51M$196.59M$86.40M$19.50M$-1.45M$-653.68M$93.34M$74.99M$52.11M$-594.26M$384.47M$-239.97M$541.82M$-540.23M$1.49B$-218.16M$-324.18M$166.00$-12.02B$-436.06M$-53.32M$43.12M$-40.44M$448.20M
High Forecast$471.18M$359.70M$344.70M$447.14M$332.60M$205.09M$172.97M$258.58M$113.64M$30.65M$-987.31K$-522.95M$306.70M$141.79M$68.54M$-475.41M$505.70M$-191.98M$541.82M$-432.19M$1.78B$-174.52M$-259.35M$199.00$-9.61B$-348.85M$-42.66M$51.74M$-32.35M$537.85M
Low Forecast$244.24M$186.45M$178.67M$231.77M$172.40M$106.31M$89.66M$134.03M$58.91M$13.00M$-1.90M$-784.42M$-115.57M$17.58M$35.53M$-713.11M$262.13M$-287.97M$541.82M$-648.28M$1.19B$-261.79M$-389.02M$133.00$-14.42B$-523.27M$-63.98M$34.50M$-48.52M$358.56M
Surprise %------------6.10%0.93%7.50%-2.34%9.31%-3.68%-1.41%0.96%1.58%1.33%-0.69%0.74%1.14%-1.90%0.52%1.14%

Chesapeake Energy's average Quarter net income forecast for Mar 24 is $-653.68M, with a range of $-784.42M to $-522.95M. CHK's average Quarter net income forecast represents a -214.88% decrease compared to the company's last Quarter net income of $569.00M (Dec 23).

Chesapeake Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts334545223731211595448655510916201612
SG&A------------$1.81B$753.00M$31.00M$35.00M$40.00M$40.00M-$26.00M$28.00M$30.00M$24.00M-$65.00M$57.00M$66.00M$89.00M$103.00M$51.00M
Avg Forecast$272.32M$262.76M$253.42M$266.25M$250.56M$222.24M$207.06M$216.88M$128.98M$70.82M$76.19M$764.06M$151.85M$135.91M$146.32M$694.60M$152.51M$20.87M$184.46M$631.45M$29.02M$18.97M$17.72M$164.94K$94.13M$82.05M$57.69M$39.16M$198.33M$44.56M
High Forecast$338.38M$326.49M$314.89M$330.83M$311.34M$276.14M$257.28M$269.49M$160.27M$77.84M$94.67M$916.87M$152.30M$175.56M$181.81M$833.52M$189.51M$25.04M$184.46M$757.74M$34.82M$22.76M$21.27M$197.93K$112.96M$98.46M$69.23M$46.99M$238.00M$53.47M
Low Forecast$205.67M$198.44M$191.39M$201.08M$189.23M$167.84M$156.38M$163.80M$97.41M$59.92M$57.54M$611.25M$151.41M$95.70M$110.51M$555.68M$115.18M$16.69M$184.46M$505.16M$23.21M$15.18M$14.18M$131.95K$75.30M$65.64M$46.15M$31.33M$158.67M$35.65M
Surprise %------------11.91%5.54%0.21%0.05%0.26%1.92%-0.04%0.96%1.58%1.35%-0.69%0.69%1.14%2.27%0.52%1.14%

Chesapeake Energy's average Quarter SG&A projection for Mar 24 is $764.06M, based on 1 Wall Street analysts, with a range of $611.25M to $916.87M. The forecast indicates a -57.74% fall compared to CHK last annual SG&A of $1.81B (Dec 23).

Chesapeake Energy EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts334545223731211595448655510916201612
EPS--------------$2.93$10.31$26.16$7.29-$-6.32$12.90$-3.51$-4.39-$-852.35$-33.26$-7.18$-10.07$-3.04$112.75
Avg Forecast$2.73$2.08$2.00$2.59$1.93$1.19$1.00$1.50$0.66$0.15$-0.01$0.59$0.71$0.57$0.40$1.70$2.93$4.45$3.82$2.43$2.48$1.67$1.20$2.73$-23.04$-16.46$-17.08$-5.50$55.21$32.58
High Forecast$3.59$2.74$2.63$3.41$2.54$1.56$1.32$1.97$0.87$0.23$-0.01$0.78$2.34$1.08$0.52$2.24$3.86$5.86$3.82$3.25$3.31$2.24$1.60$3.64$-18.43$-13.17$-13.66$-4.40$66.25$39.10
Low Forecast$1.86$1.42$1.36$1.77$1.31$0.81$0.68$1.02$0.45$0.10$-0.01$0.40$-0.88$0.13$0.27$1.16$2.00$3.04$3.82$1.43$1.46$0.99$0.71$1.61$-27.65$-19.75$-20.50$-6.60$44.16$26.06
Surprise %------------0.01%0.00%7.38%6.06%8.92%1.64%--2.60%5.20%-2.10%-3.66%-36.99%2.02%0.42%1.83%-0.06%3.46%

According to 1 Wall Street analysts, Chesapeake Energy's projected average Quarter EPS for Mar 24 is $0.59, with a low estimate of $0.40 and a high estimate of $0.78. This represents a 14748.00% increase compared to CHK previous annual EPS of - (Dec 23).

Chesapeake Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
APAAPA$23.94$43.5281.79%Buy
DVNDevon Energy$39.45$64.0462.33%Buy
MTDRMatador Resources Company$49.84$78.0056.50%Buy
ARAntero Resources$26.49$39.6549.68%Buy
SWNSouthwestern Energy Company$6.26$8.8541.37%Hold
CHKChesapeake Energy$73.22$103.2741.04%Buy
PRPermian Resources$13.49$18.2535.29%Buy
CTRACoterra Energy$22.78$29.5329.63%Buy
EQTEQT$33.19$41.0023.53%Buy
COPConocoPhillips$103.50$123.8619.67%Buy
EOGEOG Resources$119.37$131.7910.40%Buy
RRCRange Resources$29.03$31.006.79%Buy
FANGDiamondback Energy$172.42$182.385.78%Buy
HESHess$128.57$132.793.28%Hold
CRKComstock Resources$10.02$8.33-16.87%Hold

CHK Forecast FAQ


Yes, according to 15 Wall Street analysts, Chesapeake Energy (CHK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 60.00% of CHK's total ratings.

Chesapeake Energy (CHK) average price target is $103.27 with a range of $75 to $118, implying a 41.04% from its last price of $73.22. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CHK stock, the company can go up by 41.04% (from the last price of $73.22 to the average price target of $103.27), up by 61.16% based on the highest stock price target, and up by 2.43% based on the lowest stock price target.

CHK's highest twelve months analyst stock price target of $118 supports the claim that Chesapeake Energy can reach $110 in the near future.

1 Wall Street analyst forecast a $105 price target for Chesapeake Energy (CHK) this month, up 43.40% from its last price of $73.22. Compared to the last 3 and 12 months, the average price target increased by 52.28% and increased by 46.82%, respectively.

Chesapeake Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.68B (high $12.03B, low $7.31B), average EBITDA is $3.65B (high $4.54B, low $2.76B), average net income is $736.88M (high $969.25M, low $502.41M), average SG&A $896.75M (high $1.11B, low $677.25M), and average EPS is $5.62 (high $7.39, low $3.83). CHK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.39B (high $14.15B, low $8.6B), average EBITDA is $4.29B (high $5.33B, low $3.24B), average net income is $1.23B (high $1.62B, low $841.13M), average SG&A $1.05B (high $1.31B, low $796.58M), and average EPS is $9.41 (high $12.37, low $6.41).

Based on Chesapeake Energy's last annual report (Dec 2023), the company's revenue was $8.72B, beating the average analysts forecast of $6.11B by 42.75%. Apple's EBITDA was $4.54B, beating the average prediction of $1.48B by 206.81%. The company's net income was $2.42B, missing the average estimation of $-374M by -747.12%. Apple's SG&A was $2.63B, beating the average forecast of $1.13B by 132.75%. Lastly, the company's EPS was $0.0169, missing the average prediction of $3.38 by -99.50%. In terms of the last quarterly report (Dec 2023), Chesapeake Energy's revenue was $2.76B, beating the average analysts' forecast of $1.64B by 68.04%. The company's EBITDA was $1.3B, beating the average prediction of $618.05M by 109.69%. Chesapeake Energy's net income was $569M, beating the average estimation of $93.34M by 509.58%. The company's SG&A was $1.81B, beating the average forecast of $151.85M by 1090.61%. Lastly, the company's EPS was $0.004, missing the average prediction of $0.712 by -99.44%