Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
126.00
+1.43 (1.15%)
Jan 17, 2025, 4:00 PM EST - Market closed

Churchill Downs Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 161.89, with a low estimate of 151 and a high estimate of 168. The average target predicts an increase of 28.48% from the current stock price of 126.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $151 $161.89 $164 $168
Change +19.84% +28.48% +30.16% +33.33%

Analyst Ratings

The average analyst rating for CHDN stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 444444
Buy 664445
Hold 000000
Sell 000000
Strong Sell 000000
Total 10108889

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Reiterates
$166
Buy Reiterates $166 +31.75% Jan 16, 2025
JMP Securities
JMP Securities
Buy
Reiterates
$166
Buy Reiterates $166 +31.75% Dec 19, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$166$165
Strong Buy Reiterates $166$165 +30.95% Oct 25, 2024
Mizuho
Mizuho
Buy
Maintains
$157$151
Buy Maintains $157$151 +19.84% Oct 22, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$161$168
Buy Maintains $161$168 +33.33% Oct 17, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.79B
from 2.46B
Increased by 13.21%
Revenue Next Year
3.06B
from 2.79B
Increased by 9.83%
EPS This Year
6.15
from 5.49
Increased by 12.03%
EPS Next Year
7.26
from 6.15
Increased by 18.00%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.33B1.05B1.60B1.81B2.46B2.79B3.06B3.21B
Revenue Growth
31.78%-20.73%51.54%13.31%36.02%13.21%9.83%4.93%
EPS
1.69-1.023.185.715.496.157.268.32
EPS Growth
-60.14%--79.56%-3.85%12.03%18.00%14.64%
Forward PE
-----20.4917.3615.14
No. Analysts -----11119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.9B 3.3B 3.5B
Avg 2.8B 3.1B 3.2B
Low 2.7B 2.9B 3.0B

Revenue Growth

Revenue Growth 2024202520262027
High
18.0%
17.2%
15.3%
Avg
13.2%
9.8%
4.9%
Low
8.1%
3.0%
-1.5%

EPS Forecast

EPS 2024202520262027
High 6.33 7.84 8.90
Avg 6.15 7.26 8.32
Low 5.91 6.54 7.48

EPS Growth

EPS Growth 2024202520262027
High
15.3%
27.5%
22.7%
Avg
12.0%
18.0%
14.6%
Low
7.6%
6.3%
3.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.