Chord Energy (CHRD) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

CHRD Stock Forecast


Chord Energy stock forecast is as follows: an average price target of $189.25 (represents a 68.87% upside from CHRD’s last price of $112.07) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

CHRD Price Target


The average price target for Chord Energy (CHRD) is $189.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $212.00 to $160.00. This represents a potential 68.87% upside from CHRD's last price of $112.07.

CHRD Analyst Ratings


Buy

According to 5 Wall Street analysts, Chord Energy's rating consensus is 'Buy'. The analyst rating breakdown for CHRD stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Chord Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Scott HanoldRBC Capital$185.00$126.5046.25%65.08%
Oct 16, 2024Josh SilversteinUBS$168.00$126.5032.81%49.91%
Oct 15, 2024Gabriele SorbaraWilliams Trading$212.00$132.3760.16%89.17%
Oct 15, 2024Mark LearPiper Sandler$211.00$132.3759.40%88.28%
Oct 01, 2024Hanwen ChangWells Fargo$185.00$130.2342.06%65.08%
Sep 30, 2024Neal DingmannTruist Financial$185.00$130.8041.44%65.08%
Sep 05, 2024Lloud ByrneJefferies$160.00$137.3916.46%42.77%
Aug 23, 2024Mark LearPiper Sandler$206.00$148.9138.33%83.81%
Aug 21, 2024Noah HungnessBank of America Securities$208.00$150.0738.60%85.60%
Jun 03, 2024Neal DingmannTruist Financial$226.00$185.4121.89%101.66%
Jun 03, 2024Phillip JungwirthBMO Capital$230.00$179.6228.05%105.23%
May 22, 2024Derrick WhitfieldStifel Nicolaus$210.00$177.6818.19%87.38%
May 14, 2024Mark LearPiper Sandler$231.00$181.1027.55%106.12%
May 09, 2024Neal DingmannTruist Financial$228.00$180.2226.51%103.44%
Apr 29, 2024Scott HanoldRBC Capital$200.00$184.188.59%78.46%
Apr 19, 2024Mark LearPiper Sandler$230.00$178.6528.74%105.23%
Mar 13, 2024Nitin KumarMizuho Securities$195.00$163.9718.92%74.00%

The latest Chord Energy stock forecast, released on Oct 16, 2024 by Scott Hanold from RBC Capital, set a price target of $185.00, which represents a 46.25% increase from the stock price at the time of the forecast ($126.50), and a 65.08% increase from CHRD last price ($112.07).

Chord Energy Price Target by Period


1M3M12M
# Anlaysts-617
Avg Price Target-$191.00$204.12
Last Closing Price$112.07$112.07$112.07
Upside/Downside-100.00%70.43%82.14%

In the current month, the average price target of Chord Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Chord Energy's last price of $112.07. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024UBSUnderperformUnderperformHold
Oct 16, 2024Wells FargoBuyBuyHold
Oct 16, 2024RBC CapitalOutperformOutperformHold
Oct 16, 2024UBSBuyInitialise
Oct 15, 2024Piper SandlerOverweightOverweightHold
Oct 01, 2024Wells FargoOverweightOverweightHold
Sep 30, 2024Sandler O'NeillUnderperformUnderperformHold
Sep 30, 2024Truist FinancialBuyBuyHold
Sep 18, 2024Piper SandlerOverweightOverweightHold
Sep 05, 2024JefferiesHoldInitialise
Sep 05, 2024Sandler O'NeillBuyBuyHold
Sep 05, 2024Sandler O'NeilUnderperformUnderperformHold
Aug 23, 2024Piper SandlerOverweightOverweightHold
Aug 08, 2024RBC CapitalOutperformOutperformHold
Jul 18, 2024Piper SandlerOverweightOverweightHold
Jul 17, 2024Wolfe ResearchPeer PerformInitialise
Jun 03, 2024RBC CapitalOutperformOutperformHold
May 14, 2024Piper SandlerOverweightOverweightHold
Apr 29, 2024RBC CapitalOutperformOutperformHold
Apr 19, 2024Piper SandlerOverweightOverweightHold
Jan 23, 2024Wells FargoBuyBuyHold
Jan 23, 2024Stifel NicolausUnderperformUnderperformHold
Jun 13, 2023Piper SandlerOverweightOverweightHold

Chord Energy's last stock rating was published by UBS on Oct 16, 2024. The company gave CHRD a "Underperform" rating, the same as its previous rate.

Chord Energy Financial Forecast


Chord Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Mar 20Mar 19Mar 18Mar 17Mar 16
Revenue------------$964.68M$1.12B$912.07M$896.52M$1.02B$1.19B$789.38M$652.97M$429.37M$402.04M$393.06M$355.46M$258.13M$387.80M----
Avg Forecast$1.15B$1.14B$1.13B$1.13B$1.17B$1.13B$1.08B$1.05B$1.12B$1.26B$982.43M$771.87M$994.65M$825.21M$677.85M$703.21M$804.80M$839.33M$411.50M$365.00M$321.60M$201.80M$222.00M$220.67M$246.00M$329.63M$1.44B$254.57M$332.15M$110.80M
High Forecast$1.36B$1.35B$1.33B$1.33B$1.38B$1.34B$1.28B$1.43B$1.51B$1.29B$982.43M$771.87M$1.25B$855.85M$801.54M$831.52M$951.66M$839.33M$411.50M$365.00M$321.60M$201.80M$222.00M$220.67M$246.00M$395.55M$1.73B$305.48M$398.58M$132.96M
Low Forecast$998.61M$990.66M$976.95M$976.66M$1.01B$983.57M$937.37M$819.62M$913.74M$1.24B$982.43M$771.87M$861.16M$794.58M$588.20M$610.20M$698.36M$839.33M$411.50M$365.00M$321.60M$201.80M$222.00M$220.67M$246.00M$263.70M$1.15B$203.66M$265.72M$88.64M
# Analysts22221114313363334444999991016132011
Surprise %------------0.97%1.36%1.35%1.27%1.26%1.42%1.92%1.79%1.34%1.99%1.77%1.61%1.05%1.18%----

Chord Energy's average Quarter revenue forecast for Mar 24 based on 3 analysts is $771.87M, with a low forecast of $771.87M, and a high forecast of $771.87M. CHRD's average Quarter revenue forecast represents a -19.99% decrease compared to the company's last Quarter revenue of $964.68M (Dec 23).

Chord Energy EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Mar 20Mar 19Mar 18Mar 17Mar 16
# Analysts22221114313363334444999991016132011
EBITDA------------$374.67M$295.75M$398.87M$460.42M$558.28M$750.73M$235.50M$396.06M$244.97M$122.51M$128.57M$-2.03M$806.27M$-4.27B----
Avg Forecast$86.53M$85.84M$84.65M$84.63M$87.82M$85.23M$81.22M$79.07M$84.41M$94.97M$73.87M$-1.12M$74.79M$62.05M$50.97M$-1.20M$-77.36M$371.50M$182.13M$-1.28M$142.34M$89.32M$98.26M$-1.37M$108.88M$-3.68B$-256.14M$891.31K$147.01M$-86.67M
High Forecast$102.32M$101.50M$100.10M$100.07M$103.85M$100.78M$96.04M$107.18M$113.85M$96.75M$73.87M$-894.60K$93.94M$64.35M$60.27M$-956.79K$-61.89M$371.50M$182.13M$-1.02M$142.34M$89.32M$98.26M$-1.09M$108.88M$-2.95B$-204.91M$1.07M$176.42M$-69.33M
Low Forecast$75.08M$74.49M$73.46M$73.43M$76.21M$73.95M$70.48M$61.63M$68.70M$93.20M$73.87M$-1.34M$64.75M$59.74M$44.23M$-1.44M$-92.83M$371.50M$182.13M$-1.53M$142.34M$89.32M$98.26M$-1.64M$108.88M$-4.42B$-307.37M$713.05K$117.61M$-104.00M
Surprise %------------5.01%4.77%7.83%-384.97%-7.22%2.02%1.29%-309.63%1.72%1.37%1.31%1.48%7.41%1.16%----

3 analysts predict CHRD's average Quarter EBITDA for Mar 24 to be $-1.12M, with a high of $-894.60K and a low of $-1.34M. This is -100.30% lower than Chord Energy's previous annual EBITDA (Dec 23) of $374.67M.

Chord Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Mar 20Mar 19Mar 18Mar 17Mar 16
# Analysts22221114313363334444999991016132011
Net Income------------$301.63M$209.08M$216.07M$297.00M$377.57M$881.75M$130.84M$-19.55M$59.58M$71.95M$73.36M$-43.59M$769.26M$-4.31B----
Avg Forecast$282.16M$276.16M$258.31M$247.24M$234.71M$216.00M$192.91M$184.18M$187.41M$232.81M$310.20M$-24.01M$313.94M$319.93M$243.10M$-25.68M$-100.19M$416.92M$389.54M$-27.47M$277.91M$95.84M$140.19M$-29.38M$134.58M$-3.55B$-248.15M$370.86K$-4.49M$-60.66M
High Forecast$349.09M$341.67M$319.58M$305.89M$290.39M$267.24M$238.67M$212.36M$201.77M$288.03M$310.20M$-19.21M$337.61M$319.95M$300.77M$-20.55M$-80.16M$416.92M$389.54M$-21.97M$277.91M$95.84M$140.19M$-23.50M$134.58M$-2.84B$-198.52M$445.03K$-3.49M$-48.53M
Low Forecast$233.64M$228.68M$213.89M$204.73M$194.36M$178.86M$159.74M$153.37M$174.29M$192.78M$310.20M$-28.82M$295.87M$319.91M$201.30M$-30.82M$-120.23M$416.92M$389.54M$-32.96M$277.91M$95.84M$140.19M$-35.25M$134.58M$-4.26B$-297.77M$296.69K$-5.49M$-72.80M
Surprise %------------0.96%0.65%0.89%-11.56%-3.77%2.11%0.34%0.71%0.21%0.75%0.52%1.48%5.72%1.21%----

Chord Energy's average Quarter net income forecast for Mar 24 is $-24.01M, with a range of $-28.82M to $-19.21M. CHRD's average Quarter net income forecast represents a -107.96% decrease compared to the company's last Quarter net income of $301.63M (Dec 23).

Chord Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Mar 20Mar 19Mar 18Mar 17Mar 16
# Analysts22221114313363334444999991016132011
SG&A------------$25.55M$26.12M$42.17M$32.48M$58.08M$102.23M$24.82M$24.37M$20.23M$19.51M$20.21M$20.74M$41.65M$31.17M----
Avg Forecast$81.65M$81.00M$79.88M$79.85M$82.87M$80.42M$76.64M$74.61M$79.64M$89.62M$69.70M$11.42M$70.57M$58.55M$48.09M$12.22M$76.02M$59.55M$29.19M$13.07M$22.82M$14.32M$15.75M$13.98M$17.45M$49.94M$149.92M$30.77M$23.56M$30.98M
High Forecast$96.54M$95.78M$94.45M$94.42M$97.99M$95.09M$90.62M$101.13M$107.43M$91.29M$69.70M$13.71M$88.64M$60.72M$56.87M$14.66M$91.22M$59.55M$29.19M$15.68M$22.82M$14.32M$15.75M$16.77M$17.45M$59.92M$179.91M$36.92M$28.28M$37.18M
Low Forecast$70.85M$70.28M$69.31M$69.29M$71.91M$69.78M$66.50M$58.15M$64.83M$87.94M$69.70M$9.14M$61.10M$56.37M$41.73M$9.77M$60.81M$59.55M$29.19M$10.45M$22.82M$14.32M$15.75M$11.18M$17.45M$39.95M$119.94M$24.62M$18.85M$24.79M
Surprise %------------0.36%0.45%0.88%2.66%0.76%1.72%0.85%1.86%0.89%1.36%1.28%1.48%2.39%0.62%----

Chord Energy's average Quarter SG&A projection for Mar 24 is $11.42M, based on 3 Wall Street analysts, with a range of $9.14M to $13.71M. The forecast indicates a -55.28% fall compared to CHRD last annual SG&A of $25.55M (Dec 23).

Chord Energy EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Mar 20Mar 19Mar 18Mar 17Mar 16
# Analysts22221114313363334444999991016132011
EPS------------$6.95$5.03$5.19$7.13$9.08$21.34$6.69$-1.01$3.06$3.63$3.69$-2.20$38.91$-215.54$-0.37-$0.10$-0.40
Avg Forecast$4.51$4.41$4.12$3.95$3.75$3.45$3.08$2.94$2.99$3.72$4.95$4.74$5.01$5.11$3.88$4.30$5.98$8.35$7.80$7.02$5.57$1.92$2.81$1.96$2.70$-0.14$0.11$0.04$-0.09$-0.16
High Forecast$5.57$5.46$5.10$4.88$4.64$4.27$3.81$3.39$3.22$4.60$4.95$4.74$5.39$5.11$4.80$5.31$7.40$8.35$7.80$7.02$5.57$1.92$2.81$1.96$2.70$-0.11$0.13$0.05$-0.07$-0.13
Low Forecast$3.73$3.65$3.42$3.27$3.10$2.86$2.55$2.45$2.78$3.08$4.95$4.74$4.72$5.11$3.21$3.56$4.96$8.35$7.80$7.02$5.57$1.92$2.81$1.96$2.70$-0.17$0.09$0.04$-0.11$-0.19
Surprise %------------1.39%0.98%1.34%1.66%1.52%2.55%0.86%-0.14%0.55%1.89%1.31%-1.12%14.43%1539.59%-3.36%0.05%-1.11%2.50%

According to 3 Wall Street analysts, Chord Energy's projected average Quarter EPS for Mar 24 is $4.74, with a low estimate of $4.74 and a high estimate of $4.74. This represents a -31.80% decrease compared to CHRD previous annual EPS of $6.95 (Dec 23).

Chord Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CIVICivitas Resources$43.67$82.1788.16%Buy
CHRDChord Energy$112.07$189.2568.87%Buy
DINOHF Sinclair$34.23$51.6750.95%Buy
MGYMagnolia Oil & Gas$22.98$29.0026.20%Buy

CHRD Forecast FAQ


Is Chord Energy a good buy?

Yes, according to 5 Wall Street analysts, Chord Energy (CHRD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of CHRD's total ratings.

What is CHRD's price target?

Chord Energy (CHRD) average price target is $189.25 with a range of $160 to $212, implying a 68.87% from its last price of $112.07. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Chord Energy stock go up soon?

According to Wall Street analysts' prediction for CHRD stock, the company can go up by 68.87% (from the last price of $112.07 to the average price target of $189.25), up by 89.17% based on the highest stock price target, and up by 42.77% based on the lowest stock price target.

Can Chord Energy stock reach $200?

CHRD's highest twelve months analyst stock price target of $212 supports the claim that Chord Energy can reach $200 in the near future.

What are Chord Energy's analysts' financial forecasts?

Chord Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.43B (high $5.42B, low $3.75B), average EBITDA is $333.34M (high $407.84M, low $282.27M), average net income is $827.8M (high $1.01B, low $686.33M), average SG&A $314.53M (high $384.83M, low $266.34M), and average EPS is $13.22 (high $16.11, low $10.96). CHRD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.54B (high $5.37B, low $3.94B), average EBITDA is $341.65M (high $403.99M, low $296.46M), average net income is $1.06B (high $1.32B, low $880.95M), average SG&A $322.37M (high $381.19M, low $279.73M), and average EPS is $16.99 (high $21.02, low $14.07).

Did the CHRD's actual financial results beat the analysts' financial forecasts?

Based on Chord Energy's last annual report (Dec 2023), the company's revenue was $3.9B, beating the average analysts forecast of $3.2B by 21.73%. Apple's EBITDA was $1.28B, beating the average prediction of $186.6M by 585.12%. The company's net income was $1.02B, beating the average estimation of $851.28M by 20.26%. Apple's SG&A was $126.32M, missing the average forecast of $189.42M by -33.31%. Lastly, the company's EPS was $23.59, beating the average prediction of $18.3 by 28.92%. In terms of the last quarterly report (Dec 2023), Chord Energy's revenue was $964.68M, missing the average analysts' forecast of $994.65M by -3.01%. The company's EBITDA was $374.67M, beating the average prediction of $74.79M by 400.99%. Chord Energy's net income was $301.63M, missing the average estimation of $313.94M by -3.92%. The company's SG&A was $25.54M, missing the average forecast of $70.57M by -63.80%. Lastly, the company's EPS was $6.95, beating the average prediction of $5.01 by 38.65%