Chesapeake Utilities (CPK) Stock Forecast, Price Target & Predictions
CPK Stock Forecast
Chesapeake Utilities stock forecast is as follows: an average price target of $120.50 (represents a -2.64% downside from CPK’s last price of $123.77) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CPK Price Target
The average price target for Chesapeake Utilities (CPK) is $120.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $123.00 to $118.00. This represents a potential -2.64% downside from CPK's last price of $123.77.
CPK Analyst Ratings
According to 3 Wall Street analysts, Chesapeake Utilities's rating consensus is 'Hold'. The analyst rating breakdown for CPK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Chesapeake Utilities Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Nicholas Campanella | Barclays | $118.00 | $113.55 | 3.92% | -4.66% |
| Jan 10, 2024 | Shelby Tucker | RBC Capital | $123.00 | $105.58 | 16.50% | -0.62% |
The latest Chesapeake Utilities stock forecast, released on Aug 13, 2024 by Nicholas Campanella from Barclays, set a price target of $118.00, which represents a 3.92% increase from the stock price at the time of the forecast ($113.55), and a -4.66% decrease from CPK last price ($123.77).
Chesapeake Utilities Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $118.00 | $120.50 |
| Last Closing Price | $123.77 | $123.77 | $123.77 |
| Upside/Downside | -100.00% | -4.66% | -2.64% |
In the current month, the average price target of Chesapeake Utilities stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Chesapeake Utilities's last price of $123.77. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 13, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 30, 2024 | Barclays | - | Equal-Weight | Initialise |
| Jan 10, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| Oct 02, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Downgrade |
Chesapeake Utilities's last stock rating was published by Barclays on Aug 13, 2024. The company gave CPK a "Equal-Weight" rating, the same as its previous rate.
Chesapeake Utilities Financial Forecast
Chesapeake Utilities 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $131.55M | $135.59M | $218.13M | $187.30M | $131.05M | - | $222.88M | $160.36M | $107.33M | $111.08M | $191.19M | $137.04M | $101.42M | $97.05M | $152.71M | $131.97M | $92.63M |
| Avg Forecast | $206.61M | $202.15M | $197.79M | $193.52M | $240.50M | $181.75M | $182.15M | $262.40M | $231.35M | $171.85M | $194.70M | $260.16M | $234.60M | $143.17M | $158.23M | $248.83M | $186.06M | $127.97M | $125.20M | $210.00M | $173.50M | $113.53M | $106.23M | $183.63M | $160.40M | $112.80M | $124.67M | $203.07M | $215.73M | $162.60M |
| High Forecast | $215.09M | $210.44M | $205.90M | $201.46M | $250.37M | $189.21M | $189.62M | $273.16M | $240.84M | $178.90M | $202.69M | $270.83M | $244.23M | $159.50M | $164.72M | $259.04M | $193.70M | $133.22M | $125.20M | $213.02M | $176.00M | $115.17M | $107.76M | $186.28M | $162.71M | $114.42M | $126.46M | $205.99M | $218.84M | $164.94M |
| Low Forecast | $198.13M | $193.86M | $189.67M | $185.58M | $230.63M | $174.29M | $174.68M | $251.64M | $221.86M | $164.80M | $186.71M | $249.49M | $224.98M | $128.10M | $151.74M | $238.63M | $178.43M | $122.72M | $125.20M | $206.98M | $171.00M | $111.90M | $104.70M | $180.99M | $158.09M | $111.18M | $122.87M | $200.14M | $212.63M | $160.26M |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.86% | 0.88% | 1.01% | 1.02% | - | 1.06% | 0.92% | 0.95% | 1.05% | 1.04% | 0.85% | 0.90% | 0.78% | 0.75% | 0.61% | 0.57% |
Chesapeake Utilities's average Quarter revenue forecast for Dec 23 based on 1 analysts is $234.60M, with a low forecast of $224.98M, and a high forecast of $244.23M. CPK's average Quarter revenue forecast represents a 78.34% increase compared to the company's last Quarter revenue of $131.55M (Sep 23).
Chesapeake Utilities 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.77M | $46.48M | $72.10M | $60.39M | $38.49M | - | $74.59M | $55.14M | $38.85M | $41.82M | $69.91M | $53.98M | $37.90M | $32.69M | $59.95M | $48.16M | $26.81M |
| Avg Forecast | $69.21M | $67.72M | $66.26M | $64.83M | $80.56M | $60.88M | $61.02M | $87.90M | $77.50M | $57.57M | $65.22M | $87.22M | $78.59M | $47.96M | $53.01M | $79.29M | $62.33M | $29.28M | $41.94M | $72.08M | $56.40M | $26.62M | $40.15M | $65.35M | $49.76M | $32.48M | $30.51M | $61.60M | $38.45M | $30.24M |
| High Forecast | $72.05M | $70.50M | $68.97M | $67.48M | $83.87M | $63.38M | $63.52M | $91.51M | $80.68M | $59.93M | $67.90M | $104.67M | $81.81M | $53.43M | $55.18M | $95.15M | $64.89M | $35.14M | $41.94M | $86.50M | $67.69M | $31.94M | $48.18M | $78.42M | $59.71M | $38.98M | $36.61M | $73.92M | $46.14M | $36.29M |
| Low Forecast | $66.37M | $64.94M | $63.54M | $62.17M | $77.26M | $58.39M | $58.51M | $84.29M | $74.32M | $55.21M | $62.55M | $69.78M | $75.37M | $42.91M | $50.83M | $63.43M | $59.77M | $23.42M | $41.94M | $57.67M | $45.12M | $21.29M | $32.12M | $52.28M | $39.81M | $25.99M | $24.41M | $49.28M | $30.76M | $24.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.88% | 0.91% | 0.97% | 1.31% | - | 1.03% | 0.98% | 1.46% | 1.04% | 1.07% | 1.08% | 1.17% | 1.07% | 0.97% | 1.25% | 0.89% |
1 analysts predict CPK's average Quarter EBITDA for Dec 23 to be $78.59M, with a high of $81.81M and a low of $75.37M. This is 108.10% upper than Chesapeake Utilities's previous annual EBITDA (Sep 23) of $37.77M.
Chesapeake Utilities 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.41M | $16.13M | $36.34M | $26.15M | $9.66M | - | $36.93M | $22.70M | $12.47M | $13.81M | $34.47M | $22.35M | $9.26M | $10.96M | $28.93M | $22.56M | $5.62M |
| Avg Forecast | $46.68M | $17.20M | $21.66M | $65.66M | $44.21M | $22.99M | $23.48M | $49.17M | $38.29M | $16.29M | $18.13M | $42.67M | $34.73M | $14.04M | $21.41M | $38.79M | $31.42M | $9.40M | $18.51M | $35.26M | $23.23M | $8.55M | $13.26M | $32.22M | $20.60M | $7.94M | $10.23M | $29.73M | $18.01M | $6.34M |
| High Forecast | $49.17M | $18.12M | $22.82M | $69.17M | $46.57M | $24.22M | $24.73M | $51.79M | $40.33M | $17.16M | $19.10M | $51.20M | $36.58M | $15.38M | $22.55M | $46.55M | $33.09M | $11.28M | $18.51M | $42.32M | $27.88M | $10.26M | $15.91M | $38.66M | $24.72M | $9.53M | $12.27M | $35.68M | $21.61M | $7.61M |
| Low Forecast | $44.19M | $16.28M | $20.51M | $62.16M | $41.85M | $21.76M | $22.23M | $46.54M | $36.25M | $15.42M | $17.16M | $34.13M | $32.88M | $13.37M | $20.27M | $31.03M | $29.74M | $7.52M | $18.51M | $28.21M | $18.59M | $6.84M | $10.61M | $25.77M | $16.48M | $6.35M | $8.18M | $23.78M | $14.41M | $5.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.75% | 0.94% | 0.83% | 1.03% | - | 1.05% | 0.98% | 1.46% | 1.04% | 1.07% | 1.08% | 1.17% | 1.07% | 0.97% | 1.25% | 0.89% |
Chesapeake Utilities's average Quarter net income forecast for Dec 23 is $34.73M, with a range of $32.88M to $36.58M. CPK's average Quarter net income forecast represents a 269.20% increase compared to the company's last Quarter net income of $9.41M (Sep 23).
Chesapeake Utilities 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $751.74K | $735.51K | $719.63K | $704.10K | $875.05K | $661.29K | $662.74K | $954.73K | $841.76K | $625.27K | $708.41K | $946.58K | $853.60K | $520.90K | $575.72K | $905.37K | $676.99K | $465.60K | $455.53K | $553.58K | $457.36K | $299.28K | $280.04K | $484.07K | $422.83K | $297.35K | $328.63K | $535.30K | $568.69K | $428.63K |
| High Forecast | $782.58K | $765.69K | $749.16K | $732.99K | $910.95K | $688.42K | $689.93K | $993.90K | $876.29K | $650.92K | $737.47K | $985.41K | $888.62K | $580.32K | $599.34K | $942.51K | $704.76K | $484.70K | $455.53K | $561.55K | $463.94K | $303.59K | $284.07K | $491.04K | $428.92K | $301.63K | $333.36K | $543.01K | $576.88K | $434.80K |
| Low Forecast | $720.90K | $705.34K | $690.11K | $675.22K | $839.15K | $634.16K | $635.56K | $915.56K | $807.22K | $599.62K | $679.35K | $907.75K | $818.58K | $466.07K | $552.11K | $868.23K | $649.21K | $446.50K | $455.53K | $545.60K | $450.77K | $294.97K | $276.01K | $477.10K | $416.74K | $293.07K | $323.90K | $527.59K | $560.50K | $422.45K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Chesapeake Utilities's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to CPK last annual SG&A of $NaN (undefined).
Chesapeake Utilities 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.53 | $0.91 | $2.05 | $1.47 | $0.54 | - | $2.09 | $1.29 | $0.71 | $0.79 | $1.97 | $1.28 | $0.56 | $0.67 | $1.76 | $1.38 | $0.34 |
| Avg Forecast | $2.09 | $0.77 | $0.97 | $2.94 | $1.98 | $1.03 | $1.05 | $2.20 | $1.71 | $0.73 | $0.81 | $2.09 | $1.55 | $0.63 | $0.96 | $2.11 | $1.41 | $0.73 | $0.83 | $1.99 | $1.32 | $0.60 | $0.67 | $1.83 | $1.15 | $0.49 | $0.62 | $1.78 | $1.13 | $0.41 |
| High Forecast | $2.20 | $0.81 | $1.02 | $3.10 | $2.08 | $1.08 | $1.11 | $2.32 | $1.81 | $0.77 | $0.85 | $2.20 | $1.64 | $0.69 | $1.01 | $2.22 | $1.48 | $0.77 | $0.83 | $2.03 | $1.34 | $0.61 | $0.68 | $1.87 | $1.17 | $0.50 | $0.63 | $1.82 | $1.15 | $0.42 |
| Low Forecast | $1.98 | $0.73 | $0.92 | $2.78 | $1.87 | $0.97 | $1.00 | $2.08 | $1.62 | $0.69 | $0.77 | $1.97 | $1.47 | $0.60 | $0.91 | $2.00 | $1.33 | $0.69 | $0.83 | $1.95 | $1.30 | $0.58 | $0.66 | $1.80 | $1.13 | $0.48 | $0.61 | $1.75 | $1.11 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.95% | 0.97% | 1.05% | 0.74% | - | 1.05% | 0.98% | 1.19% | 1.18% | 1.07% | 1.11% | 1.14% | 1.08% | 0.99% | 1.22% | 0.83% |
According to 1 Wall Street analysts, Chesapeake Utilities's projected average Quarter EPS for Dec 23 is $1.55, with a low estimate of $1.47 and a high estimate of $1.64. This represents a 193.40% increase compared to CPK previous annual EPS of $0.53 (Sep 23).
Chesapeake Utilities Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OPAL | OPAL Fuels | $3.65 | $8.50 | 132.88% | Buy |
| NWN | Northwest Natural Company | $40.49 | $48.75 | 20.40% | Hold |
| SR | Spire | $66.92 | $69.33 | 3.60% | Buy |
| NI | NiSource | $34.18 | $35.00 | 2.40% | Buy |
| CPK | Chesapeake Utilities | $123.76 | $120.50 | -2.63% | Hold |
| NJR | New Jersey Resources | $48.02 | $46.00 | -4.21% | Hold |
| OGS | ONE Gas | $73.52 | $68.00 | -7.51% | Hold |
CPK Forecast FAQ
Is Chesapeake Utilities a good buy?
No, according to 3 Wall Street analysts, Chesapeake Utilities (CPK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of CPK's total ratings.
What is CPK's price target?
Chesapeake Utilities (CPK) average price target is $120.5 with a range of $118 to $123, implying a -2.64% from its last price of $123.77. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Chesapeake Utilities stock go up soon?
According to Wall Street analysts' prediction for CPK stock, the company can go down by -2.64% (from the last price of $123.77 to the average price target of $120.5), down by -0.62% based on the highest stock price target, and down by -4.66% based on the lowest stock price target.
Can Chesapeake Utilities stock reach $200?
CPK's average twelve months analyst stock price target of $120.5 does not support the claim that Chesapeake Utilities can reach $200 in the near future.
What are Chesapeake Utilities's analysts' financial forecasts?
Chesapeake Utilities's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $866.8M (high $902.36M, low $831.24M), average EBITDA is $290.37M (high $302.28M, low $278.45M), average net income is $139.85M (high $147.3M, low $132.39M), average SG&A $3.15M (high $3.28M, low $3.02M), and average EPS is $6.26 (high $6.6, low $5.93). CPK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $800.06M (high $832.88M, low $767.24M), average EBITDA is $268.01M (high $279.01M, low $257.02M), average net income is $151.21M (high $159.27M, low $143.14M), average SG&A $2.91M (high $3.03M, low $2.79M), and average EPS is $6.77 (high $7.13, low $6.41).
Did the CPK's actual financial results beat the analysts' financial forecasts?
Based on Chesapeake Utilities's last annual report (Dec 2022), the company's revenue was $680.7M, beating the average analysts forecast of $649.23M by 4.85%. Apple's EBITDA was $211.91M, beating the average prediction of $205.63M by 3.05%. The company's net income was $89.8M, missing the average estimation of $94.6M by -5.08%. Apple's SG&A was $0, missing the average forecast of $2.15M by -100.00%. Lastly, the company's EPS was $5.07, beating the average prediction of $4.96 by 2.27%. In terms of the last quarterly report (Sep 2023), Chesapeake Utilities's revenue was $131.55M, missing the average analysts' forecast of $143.17M by -8.12%. The company's EBITDA was $37.77M, missing the average prediction of $47.96M by -21.25%. Chesapeake Utilities's net income was $9.41M, missing the average estimation of $14.04M by -33.02%. The company's SG&A was $0, missing the average forecast of $520.9K by -100.00%. Lastly, the company's EPS was $0.53, missing the average prediction of $0.629 by -15.71%