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 24.85% upside from CHX’s last price of $30.70) 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 24.85% upside from CHX's last price of $30.70.
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% | 30.29% |
| Apr 04, 2024 | David Anderson | Barclays | $51.00 | $39.00 | 30.77% | 66.12% |
| May 02, 2022 | - | Barclays | $38.00 | $21.10 | 80.09% | 23.78% |
| Feb 22, 2022 | Neil Mehta | Goldman Sachs | $24.00 | $20.84 | 15.16% | -21.82% |
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 30.29% increase from CHX last price ($30.70).
ChampionX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $45.50 |
| Last Closing Price | $30.70 | $30.70 | $30.70 |
| Upside/Downside | -100.00% | -100.00% | 48.21% |
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 $30.70. 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 | $938.11M | $934.65M | $899.92M | $914.11M | $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 | $1.95B | $1.79B | $1.66B | $1.53B | $993.86M | $974.24M | $970.65M | $934.57M | $949.31M | $953.46M | $954.91M | $921.56M | $953.36M | $999.58M | $1.01B | $1.00B | $1.05B | $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 | $1.82B | $1.68B | $1.55B | $1.43B | $930.52M | $912.16M | $908.79M | $875.02M | $888.82M | $879.54M | $954.91M | $921.56M | $943.43M | $954.75M | $949.60M | $939.31M | $982.22M | $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 | 2 | 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 | 2 | 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 | $160.66M | $148.21M | $136.72M | $126.12M | $82.06M | $80.44M | $80.14M | $77.17M | $78.38M | $78.59M | $81.88M | $129.25M | $81.23M | $82.90M | $83.74M | $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 | $166.84M | $153.91M | $141.99M | $130.98M | $85.22M | $83.54M | $83.23M | $80.14M | $81.40M | $81.76M | $81.88M | $155.10M | $81.75M | $85.71M | $86.97M | $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 | $156.21M | $144.11M | $132.94M | $122.64M | $79.79M | $78.22M | $77.93M | $75.03M | $76.21M | $75.42M | $81.88M | $103.40M | $80.90M | $81.87M | $81.43M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.24% | 2.17% | 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 $81.23M, with a high of $81.75M and a low of $80.90M. This is -56.18% 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 | 2 | 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 | $91.63M | $90.16M | $80.90M | $81.39M | $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 | $110.75M | $104.36M | $97.14M | $86.32M | $95.39M | $96.21M | $94.67M | $84.95M | $85.47M | $91.48M | $92.04M | $50.75M | $88.89M | $108.54M | $90.17M | $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 | $101.67M | $95.81M | $89.18M | $79.25M | $87.57M | $88.33M | $86.92M | $77.99M | $78.46M | $83.98M | $92.04M | $33.84M | $82.69M | $91.40M | $82.78M | $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 $88.89M. 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 | 2 | 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 | $187.18M | $186.48M | $179.55M | $182.39M | $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 | $388.22M | $358.13M | $330.38M | $304.78M | $198.30M | $194.38M | $193.67M | $186.47M | $189.41M | $190.24M | $190.53M | $207.93M | $190.22M | $199.44M | $202.36M | $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 | $363.48M | $335.31M | $309.33M | $285.35M | $185.66M | $182.00M | $181.32M | $174.59M | $177.34M | $175.49M | $190.53M | $138.62M | $188.24M | $190.50M | $189.47M | $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 | 2 | 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 | $0.47 | $0.47 | $0.42 | $0.42 | $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 | $0.45 | $0.49 | $0.50 | $0.49 | $0.44 | $0.44 | $0.47 | $0.48 | $0.42 | $0.46 | $0.56 | $0.47 | $0.36 | $0.43 | $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 | $0.46 | $0.45 | $0.40 | $0.41 | $0.43 | $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 | $12.94 | $23.33 | 80.29% | Buy |
| RES | RPC | $5.97 | $10.00 | 67.50% | Hold |
| OIS | Oil States | $5.36 | $7.50 | 39.93% | Hold |
| HLX | Helix Energy Solutions Group | $10.89 | $14.00 | 28.56% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| CHX | ChampionX | $30.70 | $38.33 | 24.85% | Buy |
| DNOW | NOW | $14.65 | $18.00 | 22.87% | - |
| MRC | MRC Global | $13.75 | $16.00 | 16.36% | Buy |
| FTI | TechnipFMC | $29.00 | $27.53 | -5.07% | Buy |
| BKR | Baker Hughes Company | $44.31 | $39.39 | -11.10% | Buy |
| WHD | Cactus | $65.29 | $54.00 | -17.29% | Hold |
| RNGR | Ranger Energy Services | $16.57 | $12.50 | -24.56% | Hold |
| OII | Oceaneering | $27.97 | $21.00 | -24.92% | Buy |