Chesapeake Utilities (CPK) Stock Forecast, Price Target & Predictions

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CPK Stock Forecast

Chesapeake Utilities stock forecast is as follows: an average price target of $123.50 (represents a -2.33% downside from CPK’s last price of $126.45) 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 $123.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $124.00 to $123.00. This represents a potential -2.33% downside from CPK's last price of $126.45.

CPK Analyst Ratings

Hold

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
Oct 07, 2024	Nicholas Campanella	Barclays	$124.00	$122.59	1.15%	-1.94%
Aug 13, 2024	Nicholas Campanella	Barclays	$118.00	$113.55	3.92%	-6.68%
Jan 10, 2024	Shelby Tucker	RBC Capital	$123.00	$105.58	16.50%	-2.73%

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The latest Chesapeake Utilities stock forecast, released on Oct 07, 2024 by Nicholas Campanella from Barclays, set a price target of $124.00, which represents a 1.15% increase from the stock price at the time of the forecast ($122.59), and a -1.94% decrease from CPK last price ($126.45).

Chesapeake Utilities Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	3
Avg Price Target	-	$124.00	$121.67
Last Closing Price	$126.45	$126.45	$126.45
Upside/Downside	-100.00%	-1.94%	-3.78%

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 $126.45. 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
Oct 07, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
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

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Chesapeake Utilities's last stock rating was published by Barclays on Oct 07, 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	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	-	-	-	-	-	-	-	-	-	-	-	-	-	$131.55M	$135.59M	$218.13M	$187.30M	$131.05M	$139.47M	$222.88M	$160.36M	$107.33M	$111.08M	$191.19M	$137.04M	$101.42M	$97.05M	$152.71M	$131.97M	$92.63M
Avg Forecast	$242.00M	$173.20M	$200.40M	$282.30M	$238.65M	$173.05M	$182.15M	$262.40M	$227.40M	$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	$245.53M	$175.73M	$203.33M	$286.42M	$242.13M	$175.58M	$184.81M	$266.23M	$230.72M	$174.36M	$197.54M	$260.16M	$238.03M	$159.50M	$160.54M	$252.47M	$188.78M	$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
Low Forecast	$238.47M	$170.67M	$197.47M	$278.18M	$235.17M	$170.52M	$179.49M	$258.57M	$224.08M	$169.34M	$191.86M	$260.16M	$231.18M	$128.10M	$155.92M	$245.20M	$183.35M	$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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	8	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	0.86%	0.88%	1.01%	1.02%	1.11%	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 $231.18M, and a high forecast of $238.03M. 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	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	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	8	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$37.77M	$46.48M	$72.10M	$60.39M	$38.49M	$46.72M	$74.59M	$55.14M	$38.85M	$41.82M	$69.91M	$53.98M	$37.90M	$32.69M	$59.95M	$48.16M	$26.81M
Avg Forecast	$81.07M	$58.02M	$67.13M	$94.57M	$79.94M	$57.97M	$61.02M	$87.90M	$76.18M	$57.57M	$65.22M	$87.22M	$78.59M	$47.96M	$53.01M	$79.29M	$62.05M	$42.87M	$41.94M	$72.08M	$58.12M	$38.03M	$35.59M	$65.35M	$53.73M	$37.79M	$41.76M	$61.60M	$72.27M	$54.47M
High Forecast	$82.25M	$58.87M	$68.11M	$95.95M	$81.11M	$58.82M	$61.91M	$89.18M	$77.29M	$58.41M	$66.17M	$104.67M	$79.74M	$53.43M	$53.78M	$95.15M	$74.45M	$42.87M	$41.94M	$86.50M	$58.12M	$38.03M	$35.59M	$78.42M	$53.73M	$37.79M	$41.76M	$73.92M	$72.27M	$54.47M
Low Forecast	$79.88M	$57.17M	$66.15M	$93.19M	$78.78M	$57.12M	$60.13M	$86.62M	$75.06M	$56.73M	$64.27M	$69.78M	$77.44M	$42.91M	$52.23M	$63.43M	$49.64M	$42.87M	$41.94M	$57.67M	$58.12M	$38.03M	$35.59M	$52.28M	$53.73M	$37.79M	$41.76M	$49.28M	$72.27M	$54.47M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.79%	0.88%	0.91%	0.97%	0.90%	1.11%	1.03%	0.95%	1.02%	1.18%	1.07%	1.00%	1.00%	0.78%	0.97%	0.67%	0.49%

1 analysts predict CPK's average Quarter EBITDA for Dec 23 to be $78.59M, with a high of $79.74M and a low of $77.44M. 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	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	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	8	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.41M	$16.13M	$36.34M	$26.15M	$9.66M	$17.05M	$36.93M	$22.70M	$12.47M	$13.81M	$34.47M	$22.35M	$9.26M	$10.96M	$28.93M	$22.56M	$5.62M
Avg Forecast	$43.55M	$22.11M	$27.75M	$57.54M	$46.01M	$19.63M	$23.55M	$52.21M	$39.30M	$15.15M	$18.31M	$42.67M	$35.09M	$14.19M	$21.63M	$38.79M	$25.56M	$16.28M	$18.54M	$35.26M	$29.48M	$13.31M	$14.93M	$32.22M	$25.65M	$10.98M	$13.89M	$29.73M	$25.24M	$9.16M
High Forecast	$44.37M	$22.53M	$28.28M	$58.63M	$46.89M	$20.00M	$24.00M	$53.20M	$40.05M	$15.80M	$18.32M	$51.20M	$35.75M	$15.54M	$22.04M	$46.55M	$30.67M	$16.28M	$18.54M	$42.32M	$29.48M	$13.31M	$14.93M	$38.66M	$25.65M	$10.98M	$13.89M	$35.68M	$25.24M	$9.16M
Low Forecast	$42.72M	$21.69M	$27.23M	$56.45M	$45.14M	$19.26M	$23.10M	$51.22M	$38.56M	$14.50M	$18.31M	$34.13M	$34.42M	$13.51M	$21.22M	$31.03M	$20.44M	$16.28M	$18.54M	$28.21M	$29.48M	$13.31M	$14.93M	$25.77M	$25.65M	$10.98M	$13.89M	$23.78M	$25.24M	$9.16M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.66%	0.75%	0.94%	1.02%	0.59%	0.92%	1.05%	0.77%	0.94%	0.93%	1.07%	0.87%	0.84%	0.79%	0.97%	0.89%	0.61%

Chesapeake Utilities's average Quarter net income forecast for Dec 23 is $35.09M, with a range of $34.42M to $35.75M. CPK's average Quarter net income forecast represents a 272.99% 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	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	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	8	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$880.51K	$630.18K	$729.15K	$1.03M	$868.32K	$629.63K	$662.74K	$954.73K	$827.38K	$625.27K	$708.41K	$946.58K	$853.60K	$520.90K	$575.72K	$905.37K	$676.99K	$465.60K	$455.53K	$764.08K	$631.27K	$413.08K	$386.52K	$668.14K	$583.61K	$410.42K	$453.59K	$738.85K	$784.94K	$591.61K
High Forecast	$893.36K	$639.38K	$739.79K	$1.04M	$880.99K	$638.82K	$672.42K	$968.66K	$839.46K	$634.39K	$718.75K	$946.58K	$866.06K	$580.32K	$584.13K	$918.58K	$686.87K	$465.60K	$455.53K	$764.08K	$631.27K	$413.08K	$386.52K	$668.14K	$583.61K	$410.42K	$453.59K	$738.85K	$784.94K	$591.61K
Low Forecast	$867.65K	$620.98K	$718.50K	$1.01M	$855.64K	$620.44K	$653.07K	$940.79K	$815.31K	$616.14K	$698.07K	$946.58K	$841.14K	$466.07K	$567.32K	$892.15K	$667.11K	$465.60K	$455.53K	$764.08K	$631.27K	$413.08K	$386.52K	$668.14K	$583.61K	$410.42K	$453.59K	$738.85K	$784.94K	$591.61K
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	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	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	8	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.53	$0.91	$2.05	$1.47	$0.54	$0.96	$2.09	$1.29	$0.71	$0.79	$1.97	$1.28	$0.56	$0.67	$1.76	$1.38	$0.34
Avg Forecast	$1.93	$0.98	$1.23	$2.55	$2.04	$0.87	$1.04	$2.31	$1.74	$0.67	$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	$1.97	$1.00	$1.25	$2.60	$2.08	$0.89	$1.06	$2.36	$1.77	$0.70	$0.81	$2.09	$1.58	$0.69	$0.98	$2.15	$1.43	$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
Low Forecast	$1.89	$0.96	$1.21	$2.50	$2.00	$0.85	$1.02	$2.27	$1.71	$0.64	$0.81	$2.09	$1.53	$0.60	$0.94	$2.07	$1.38	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.84%	0.95%	0.97%	1.05%	0.74%	1.16%	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 $1.53 and a high estimate of $1.58. 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	$3.73	$8.50	127.88%	Buy
NWN	Northwest Natural Company	$41.29	$48.75	18.07%	Hold
SR	Spire	$65.69	$69.33	5.54%	Buy
NI	NiSource	$36.25	$35.80	-1.24%	Buy
NJR	New Jersey Resources	$47.73	$47.00	-1.53%	Hold
CPK	Chesapeake Utilities	$126.45	$123.50	-2.33%	Hold
OGS	ONE Gas	$75.09	$69.83	-7.00%	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 $123.5 with a range of $123 to $124, implying a -2.33% from its last price of $126.45. 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 -2.33% (from the last price of $126.45 to the average price target of $123.5), down by -1.94% based on the highest stock price target, and down by -2.73% based on the lowest stock price target.

Can Chesapeake Utilities stock reach $200?

CPK's average twelve months analyst stock price target of $123.5 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 $856.25M (high $868.75M, low $843.75M), average EBITDA is $286.83M (high $291.02M, low $282.65M), average net income is $141.4M (high $144.09M, low $138.72M), average SG&A $3.12M (high $3.16M, low $3.07M), and average EPS is $6.27 (high $6.39, low $6.15). CPK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $897.9M (high $911.01M, low $884.79M), average EBITDA is $300.78M (high $305.17M, low $296.39M), average net income is $150.95M (high $153.82M, low $148.09M), average SG&A $3.27M (high $3.31M, low $3.22M), and average EPS is $6.69 (high $6.82, low $6.56).

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, missing the average prediction of $218.94M by -3.21%. The company's net income was $89.8M, missing the average estimation of $95.64M by -6.11%. Apple's SG&A was $0, missing the average forecast of $2.36M 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 $14.19M by -33.70%. 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%