Chord Energy (CHRD) Stock Forecast, Price Target & Predictions
CHRD Stock Forecast
Chord Energy stock forecast is as follows: an average price target of $195.36 (represents a 51.38% upside from CHRD’s last price of $129.05) 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 $195.36 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $230.00 to $160.00. This represents a potential 51.38% upside from CHRD's last price of $129.05.
CHRD Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Scott Hanold | RBC Capital | $185.00 | $126.50 | 46.25% | 43.36% |
| Oct 16, 2024 | Josh Silverstein | UBS | $168.00 | $126.50 | 32.81% | 30.18% |
| Oct 15, 2024 | Gabriele Sorbara | Williams Trading | $212.00 | $132.37 | 60.16% | 64.28% |
| Oct 15, 2024 | Mark Lear | Piper Sandler | $211.00 | $132.37 | 59.40% | 63.50% |
| Oct 01, 2024 | Hanwen Chang | Wells Fargo | $185.00 | $130.23 | 42.06% | 43.36% |
| Sep 30, 2024 | Neal Dingmann | Truist Financial | $185.00 | $130.80 | 41.44% | 43.36% |
| Sep 05, 2024 | Lloud Byrne | Jefferies | $160.00 | $137.39 | 16.46% | 23.98% |
| Aug 23, 2024 | Mark Lear | Piper Sandler | $206.00 | $148.91 | 38.33% | 59.63% |
| Aug 21, 2024 | Noah Hungness | Bank of America Securities | $208.00 | $150.07 | 38.60% | 61.18% |
| Jun 03, 2024 | Neal Dingmann | Truist Financial | $226.00 | $185.41 | 21.89% | 75.13% |
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 43.36% increase from CHRD last price ($129.05).
Chord Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 9 | 17 |
| Avg Price Target | $194.00 | $191.11 | $204.12 |
| Last Closing Price | $129.05 | $129.05 | $129.05 |
| Upside/Downside | 50.33% | 48.09% | 58.17% |
In the current month, the average price target of Chord Energy stock is $194.00, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 50.33% increase as opposed to Chord Energy's last price of $129.05. This month's average price target is up 1.51% compared to last quarter, and down -4.96% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | UBS | Underperform | Underperform | Hold |
| Oct 16, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 16, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 16, 2024 | UBS | - | Buy | Initialise |
| Oct 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 01, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 30, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Sep 30, 2024 | Truist Financial | Buy | Buy | Hold |
| Sep 18, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 05, 2024 | Jefferies | - | Hold | Initialise |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 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 | $1.26B | $1.25B | $1.25B | $1.21B | $1.17B | $1.14B | $1.19B | $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 | $1.57B | $1.55B | $1.72B | $1.70B | $1.71B | $1.65B | $1.59B | $1.47B | $1.58B | $1.29B | $982.43M | $771.87M | $1.25B | $855.85M | $922.04M | $956.53M | $1.09B | $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 | $923.61M | $916.25M | $1.01B | $1.00B | $1.01B | $971.14M | $936.89M | $938.60M | $951.70M | $1.24B | $982.43M | $771.87M | $861.16M | $794.58M | $544.02M | $564.37M | $645.91M | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 | 10 | 16 | 13 | 20 | 11 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 | 10 | 16 | 13 | 20 | 11 |
| 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 | $509.36M | $505.31M | $558.53M | $551.79M | $555.32M | $535.58M | $516.69M | $502.48M | $525.54M | $559.08M | $434.83M | $-1.12M | $440.24M | $365.25M | $300.02M | $-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 | $692.86M | $687.34M | $759.74M | $750.57M | $755.37M | $728.52M | $702.82M | $648.87M | $698.04M | $569.52M | $434.83M | $-894.60K | $552.98M | $378.81M | $408.11M | $-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 | $408.80M | $405.54M | $448.26M | $442.85M | $445.68M | $429.84M | $414.68M | $415.43M | $421.23M | $548.64M | $434.83M | $-1.34M | $381.16M | $351.69M | $240.79M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.81% | 1.33% | -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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 | 10 | 16 | 13 | 20 | 11 |
| 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 | $231.19M | $220.88M | $212.08M | $207.25M | $198.13M | $185.68M | $172.63M | $164.19M | $162.55M | $191.46M | $255.11M | $-24.01M | $258.19M | $263.12M | $199.93M | $-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 | $339.45M | $324.33M | $311.41M | $304.31M | $290.91M | $272.64M | $253.48M | $210.75M | $184.87M | $281.13M | $255.11M | $-19.21M | $277.65M | $263.13M | $293.56M | $-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 | $171.85M | $164.19M | $157.65M | $154.06M | $147.28M | $138.02M | $128.33M | $127.15M | $151.88M | $142.32M | $255.11M | $-28.82M | $243.33M | $263.10M | $148.61M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.79% | 1.08% | -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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 | 10 | 16 | 13 | 20 | 11 |
| 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 | $89.53M | $88.45M | $89.01M | $85.85M | $82.82M | $80.54M | $84.24M | $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 | $111.06M | $110.17M | $121.78M | $120.31M | $121.08M | $116.77M | $112.65M | $104.01M | $111.89M | $91.29M | $69.70M | $13.71M | $88.64M | $60.72M | $65.42M | $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 | $65.53M | $65.00M | $71.85M | $70.98M | $71.44M | $68.90M | $66.47M | $66.59M | $67.52M | $87.94M | $69.70M | $9.14M | $61.10M | $56.37M | $38.60M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 | 10 | 16 | 13 | 20 | 11 |
| 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 | $4.49 | $4.29 | $4.12 | $4.02 | $3.85 | $3.60 | $3.35 | $3.19 | $3.16 | $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 | $6.59 | $6.30 | $6.05 | $5.91 | $5.65 | $5.29 | $4.92 | $4.09 | $3.59 | $5.46 | $4.95 | $4.74 | $5.39 | $5.11 | $5.70 | $6.31 | $8.79 | $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 | $3.34 | $3.19 | $3.06 | $2.99 | $2.86 | $2.68 | $2.49 | $2.47 | $2.95 | $2.76 | $4.95 | $4.74 | $4.72 | $5.11 | $2.89 | $3.19 | $4.45 | $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).