ChampionX (CHX) Stock Forecast, Price Target & Predictions
CHX Stock Forecast
ChampionX stock forecast is as follows: an average price target of $38.33 (represents a 34.82% upside from CHX’s last price of $28.43) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
CHX Price Target
The average price target for ChampionX (CHX) is $38.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $24.00. This represents a potential 34.82% upside from CHX's last price of $28.43.
CHX Analyst Ratings
According to 4 Wall Street analysts, ChampionX's rating consensus is 'Buy'. The analyst rating breakdown for CHX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ChampionX Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 08, 2024 | Luke Lemoine | Piper Sandler | $40.00 | $39.34 | 1.68% | 40.70% |
| Apr 04, 2024 | David Anderson | Barclays | $51.00 | $39.00 | 30.77% | 79.39% |
| May 02, 2022 | - | Barclays | $38.00 | $21.10 | 80.09% | 33.66% |
| Feb 22, 2022 | Neil Mehta | Goldman Sachs | $24.00 | $20.84 | 15.16% | -15.58% |
The latest ChampionX stock forecast, released on Apr 08, 2024 by Luke Lemoine from Piper Sandler, set a price target of $40.00, which represents a 1.68% increase from the stock price at the time of the forecast ($39.34), and a 40.70% increase from CHX last price ($28.43).
ChampionX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $45.50 |
| Last Closing Price | $28.43 | $28.43 | $28.43 |
| Upside/Downside | -100.00% | -100.00% | 60.04% |
In the current month, the average price target of ChampionX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ChampionX's last price of $28.43. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 08, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 04, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 15, 2022 | Bank of America Securities | - | Buy | Upgrade |
| May 02, 2022 | Barclays | Overweight | Overweight | Hold |
| Feb 22, 2022 | Goldman Sachs | - | Neutral | Upgrade |
ChampionX's last stock rating was published by Piper Sandler on Apr 08, 2024. The company gave CHX a "Neutral" rating, the same as its previous rate.
ChampionX Financial Forecast
ChampionX 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $939.78M | $926.60M | $948.35M | $985.86M | $1.02B | $932.57M | $865.96M | $822.14M | $818.78M | $749.17M | $684.89M | $706.12M | $633.53M | $298.91M | $261.43M | $245.13M | $278.38M |
| Avg Forecast | $1.87B | $1.73B | $1.59B | $1.47B | $957.00M | $933.00M | $943.71M | $909.00M | $922.19M | $916.50M | $954.91M | $921.56M | $947.33M | $966.78M | $976.62M | $966.04M | $1.01B | $939.30M | $887.38M | $824.07M | $833.00M | $790.54M | $721.19M | $672.60M | $635.88M | $638.61M | $143.54M | $247.80M | $255.97M | $305.70M |
| High Forecast | $1.94B | $1.79B | $1.65B | $1.52B | $989.15M | $964.34M | $975.41M | $939.54M | $953.17M | $953.46M | $954.91M | $921.56M | $953.36M | $999.58M | $1.01B | $998.50M | $1.04B | $939.30M | $887.38M | $824.07M | $833.00M | $790.54M | $721.19M | $672.60M | $635.88M | $638.61M | $143.54M | $247.80M | $255.97M | $305.70M |
| Low Forecast | $1.83B | $1.69B | $1.56B | $1.44B | $933.71M | $910.30M | $920.75M | $886.88M | $899.75M | $879.54M | $954.91M | $921.56M | $943.43M | $954.75M | $952.86M | $942.54M | $985.59M | $939.30M | $887.38M | $824.07M | $833.00M | $790.54M | $721.19M | $672.60M | $635.88M | $638.61M | $143.54M | $247.80M | $255.97M | $305.70M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.95% | 0.98% | 0.98% | 1.09% | 1.05% | 1.05% | 0.99% | 1.04% | 1.04% | 1.02% | 1.11% | 0.99% | 2.08% | 1.06% | 0.96% | 0.91% |
ChampionX's average Quarter revenue forecast for Dec 23 based on 3 analysts is $947.33M, with a low forecast of $943.43M, and a high forecast of $953.36M. CHX's average Quarter revenue forecast represents a 0.80% increase compared to the company's last Quarter revenue of $939.78M (Sep 23).
ChampionX 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $185.38M | $181.50M | $173.95M | $204.61M | $109.46M | $97.79M | $113.63M | $119.16M | $154.00M | $84.26M | $83.53M | $99.48M | $68.91M | $-44.76M | $-621.86M | $25.98M | $52.38M |
| Avg Forecast | $287.37M | $265.10M | $244.56M | $225.60M | $146.79M | $143.10M | $144.75M | $139.42M | $141.45M | $140.57M | $146.46M | $129.25M | $145.30M | $148.29M | $149.80M | $117.50M | $120.47M | $144.07M | $136.11M | $106.82M | $127.77M | $121.25M | $110.62M | $36.75M | $97.53M | $97.95M | $22.02M | $-853.25M | $39.26M | $46.89M |
| High Forecast | $297.02M | $274.01M | $252.77M | $233.18M | $151.72M | $147.91M | $149.61M | $144.11M | $146.20M | $146.24M | $146.46M | $155.10M | $146.23M | $153.32M | $154.83M | $141.00M | $144.56M | $144.07M | $136.11M | $128.18M | $127.77M | $121.25M | $110.62M | $44.10M | $97.53M | $97.95M | $22.02M | $-682.60M | $39.26M | $46.89M |
| Low Forecast | $280.38M | $258.65M | $238.60M | $220.11M | $143.21M | $139.62M | $141.22M | $136.03M | $138.00M | $134.90M | $146.46M | $103.40M | $144.70M | $146.44M | $146.15M | $94.00M | $96.37M | $144.07M | $136.11M | $85.45M | $127.77M | $121.25M | $110.62M | $29.40M | $97.53M | $97.95M | $22.02M | $-1.02B | $39.26M | $46.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.21% | 1.48% | 1.70% | 0.76% | 0.72% | 1.06% | 0.93% | 1.27% | 0.76% | 2.27% | 1.02% | 0.70% | -2.03% | 0.73% | 0.66% | 1.12% |
3 analysts predict CHX's average Quarter EBITDA for Dec 23 to be $145.30M, with a high of $146.23M and a low of $144.70M. This is -21.62% lower than ChampionX's previous annual EBITDA (Sep 23) of $185.38M.
ChampionX 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $77.71M | $95.80M | $63.53M | $67.86M | $23.07M | $27.34M | $36.70M | $43.77M | $56.83M | $7.25M | $5.77M | $7.36M | $-7.91M | $-109.64M | $-633.73M | $-4.13M | $10.22M |
| Avg Forecast | $105.47M | $99.38M | $92.50M | $82.20M | $90.84M | $86.92M | $92.87M | $84.00M | $84.47M | $87.11M | $92.04M | $42.29M | $84.65M | $95.21M | $85.87M | $38.45M | $44.13M | $61.76M | $49.31M | $34.95M | $46.31M | $34.42M | $18.82M | $2.54M | $7.90M | $-4.65M | $-52.73M | $-844.97M | $27.03M | $62.38M |
| High Forecast | $110.07M | $103.72M | $96.54M | $85.79M | $94.81M | $90.71M | $96.93M | $87.67M | $88.16M | $90.92M | $92.04M | $50.75M | $88.35M | $108.54M | $89.62M | $46.14M | $52.96M | $61.76M | $49.31M | $41.95M | $46.31M | $34.42M | $18.82M | $3.05M | $7.90M | $-4.65M | $-52.73M | $-675.98M | $27.03M | $62.38M |
| Low Forecast | $102.13M | $96.24M | $89.58M | $79.60M | $87.97M | $84.17M | $89.94M | $81.35M | $81.80M | $84.36M | $92.04M | $33.84M | $82.69M | $91.40M | $83.15M | $30.76M | $35.30M | $61.76M | $49.31M | $27.96M | $46.31M | $34.42M | $18.82M | $2.03M | $7.90M | $-4.65M | $-52.73M | $-1.01B | $27.03M | $62.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 1.12% | 1.65% | 1.54% | 0.37% | 0.55% | 1.05% | 0.94% | 1.65% | 0.39% | 2.27% | 0.93% | 1.70% | 2.08% | 0.75% | -0.15% | 0.16% |
ChampionX's average Quarter net income forecast for Dec 23 is $84.65M, with a range of $82.69M to $88.35M. CHX's average Quarter net income forecast represents a 8.93% increase compared to the company's last Quarter net income of $77.71M (Sep 23).
ChampionX 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $162.32M | $162.48M | $160.82M | $146.84M | $153.74M | $141.35M | $150.36M | $139.45M | $135.09M | $152.34M | $143.48M | $132.81M | $122.16M | $130.66M | $78.14M | $75.22M | $68.81M |
| Avg Forecast | $373.82M | $344.85M | $318.13M | $293.47M | $190.94M | $186.16M | $188.29M | $181.37M | $184.00M | $182.86M | $190.53M | $173.27M | $189.01M | $192.90M | $194.86M | $157.52M | $140.61M | $187.41M | $177.05M | $143.20M | $166.20M | $157.73M | $143.89M | $63.13M | $126.87M | $127.42M | $28.64M | $104.19M | $51.07M | $60.99M |
| High Forecast | $386.38M | $356.44M | $328.82M | $303.33M | $197.36M | $192.41M | $194.62M | $187.46M | $190.18M | $190.24M | $190.53M | $207.93M | $190.22M | $199.44M | $201.41M | $189.02M | $168.73M | $187.41M | $177.05M | $171.84M | $166.20M | $157.73M | $143.89M | $75.76M | $126.87M | $127.42M | $28.64M | $125.03M | $51.07M | $60.99M |
| Low Forecast | $364.73M | $336.46M | $310.39M | $286.33M | $186.30M | $181.63M | $183.71M | $176.95M | $179.52M | $175.49M | $190.53M | $138.62M | $188.24M | $190.50M | $190.12M | $126.02M | $112.49M | $187.41M | $177.05M | $114.56M | $166.20M | $157.73M | $143.89M | $50.50M | $126.87M | $127.42M | $28.64M | $83.35M | $51.07M | $60.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.83% | 1.02% | 1.04% | 0.82% | 0.80% | 1.05% | 0.84% | 0.86% | 1.06% | 2.27% | 1.05% | 0.96% | 4.56% | 0.75% | 1.47% | 1.13% |
ChampionX's average Quarter SG&A projection for Dec 23 is $189.01M, based on 3 Wall Street analysts, with a range of $188.24M to $190.22M. The forecast indicates a 16.45% rise compared to CHX last annual SG&A of $162.32M (Sep 23).
ChampionX 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.40 | $0.49 | $0.32 | $0.34 | $0.11 | $0.13 | $0.18 | $0.22 | $0.28 | $0.04 | $0.03 | $0.04 | $-0.04 | $-0.95 | $-8.51 | $-0.02 | $0.13 |
| Avg Forecast | $0.55 | $0.51 | $0.48 | $0.43 | $0.47 | $0.45 | $0.48 | $0.43 | $0.44 | $0.45 | $0.48 | $0.42 | $0.44 | $0.49 | $0.44 | $0.34 | $0.41 | $0.32 | $0.26 | $0.20 | $0.24 | $0.18 | $0.10 | $0.05 | $0.04 | $-0.02 | $-0.27 | $0.06 | $0.14 | $0.32 |
| High Forecast | $0.57 | $0.54 | $0.50 | $0.44 | $0.49 | $0.47 | $0.50 | $0.45 | $0.46 | $0.47 | $0.48 | $0.42 | $0.46 | $0.56 | $0.46 | $0.36 | $0.42 | $0.32 | $0.26 | $0.20 | $0.24 | $0.18 | $0.10 | $0.05 | $0.04 | $-0.02 | $-0.27 | $0.06 | $0.14 | $0.32 |
| Low Forecast | $0.53 | $0.50 | $0.46 | $0.41 | $0.45 | $0.44 | $0.47 | $0.42 | $0.42 | $0.44 | $0.48 | $0.42 | $0.43 | $0.47 | $0.43 | $0.33 | $0.39 | $0.32 | $0.26 | $0.20 | $0.24 | $0.18 | $0.10 | $0.05 | $0.04 | $-0.02 | $-0.27 | $0.06 | $0.14 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 1.10% | 0.93% | 0.84% | 0.34% | 0.51% | 0.92% | 0.92% | 1.57% | 0.41% | 0.59% | 0.98% | 1.66% | 3.48% | -140.31% | -0.14% | 0.40% |
According to 3 Wall Street analysts, ChampionX's projected average Quarter EPS for Dec 23 is $0.44, with a low estimate of $0.43 and a high estimate of $0.46. This represents a 9.45% increase compared to CHX previous annual EPS of $0.40 (Sep 23).
ChampionX Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| XPRO | Expro Group | $12.78 | $23.33 | 82.55% | Buy |
| RES | RPC | $5.68 | $10.00 | 76.06% | Hold |
| OIS | Oil States | $4.72 | $7.50 | 58.90% | Hold |
| HLX | Helix Energy Solutions Group | $9.22 | $14.00 | 51.84% | Buy |
| DNOW | NOW | $11.87 | $18.00 | 51.64% | - |
| CHX | ChampionX | $28.43 | $38.33 | 34.82% | Buy |
| MRC | MRC Global | $12.20 | $16.00 | 31.15% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| BKR | Baker Hughes Company | $38.17 | $39.39 | 3.20% | Buy |
| FTI | TechnipFMC | $26.39 | $26.18 | -0.80% | Buy |
| RNGR | Ranger Energy Services | $13.76 | $12.50 | -9.16% | Hold |
| WHD | Cactus | $61.36 | $54.00 | -11.99% | Hold |
| OII | Oceaneering | $25.45 | $21.00 | -17.49% | Buy |
CHX Forecast FAQ
Is ChampionX a good buy?
Yes, according to 4 Wall Street analysts, ChampionX (CHX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of CHX's total ratings.
What is CHX's price target?
ChampionX (CHX) average price target is $38.33 with a range of $24 to $51, implying a 34.82% from its last price of $28.43. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will ChampionX stock go up soon?
According to Wall Street analysts' prediction for CHX stock, the company can go up by 34.82% (from the last price of $28.43 to the average price target of $38.33), up by 79.39% based on the highest stock price target, and down by -15.58% based on the lowest stock price target.
Can ChampionX stock reach $40?
CHX's highest twelve months analyst stock price target of $51 supports the claim that ChampionX can reach $40 in the near future.
What are ChampionX's analysts' financial forecasts?
ChampionX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.74B (high $3.87B, low $3.65B), average EBITDA is $574.06M (high $593.35M, low $560.09M), average net income is $354.63M (high $370.12M, low $343.42M), average SG&A $746.76M (high $771.85M, low $728.59M), and average EPS is $1.83 (high $1.91, low $1.78). CHX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.67B (high $6.89B, low $6.51B), average EBITDA is $1.02B (high $1.06B, low $997.74M), average net income is $379.55M (high $396.13M, low $367.55M), average SG&A $1.33B (high $1.37B, low $1.3B), and average EPS is $1.96 (high $2.05, low $1.9).
Did the CHX's actual financial results beat the analysts' financial forecasts?
Based on ChampionX's last annual report (Dec 2023), the company's revenue was $3.76B, which missed the average analysts forecast of $3.86B by -2.55%. Apple's EBITDA was $506.61M, missing the average prediction of $560.88M by -9.68%. The company's net income was $314.24M, beating the average estimation of $304.19M by 3.30%. Apple's SG&A was $633.03M, missing the average forecast of $734.29M by -13.79%. Lastly, the company's EPS was $1.6, missing the average prediction of $1.72 by -6.79%. In terms of the last quarterly report (Sep 2023), ChampionX's revenue was $939.78M, missing the average analysts' forecast of $966.78M by -2.79%. The company's EBITDA was $185.38M, beating the average prediction of $148.29M by 25.02%. ChampionX's net income was $77.71M, missing the average estimation of $95.21M by -18.38%. The company's SG&A was $162.32M, missing the average forecast of $192.9M by -15.85%. Lastly, the company's EPS was $0.4, missing the average prediction of $0.492 by -18.77%