Churchill Downs Incorporated (CHDN)

Churchill Downs Stock Forecast

Stock Price Forecast

The 10 analysts that cover Churchill Downs stock have a consensus rating of "Strong Buy" and an average price target of $137.8, which forecasts a 35.23% increase in the stock price over the next year. The lowest target is $116 and the highest is $166.

Price Target: $137.8 (+35.23%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$116	$137.8	$138	$166
Change	+13.84%	+35.23%	+35.43%	+62.90%

* Price targets were last updated on Jul 28, 2025.

Analyst Ratings

The average analyst rating for Churchill Downs stock 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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	4	4	4	4	4	3
Buy	7	7	7	7	7	7
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chad Beynon Macquarie	Macquarie	Buy Maintains $150 → $154	Buy	Maintains	$150 → $154	+51.13%	Jul 28, 2025
Ben Chaiken Mizuho	Mizuho	Buy Maintains $136 → $142	Buy	Maintains	$136 → $142	+39.35%	Jul 25, 2025
Brandt Montour Barclays	Barclays	Buy Maintains $127 → $131	Buy	Maintains	$127 → $131	+28.56%	Jul 25, 2025
Joseph Stauff Susquehanna	Susquehanna	Buy Maintains $121 → $126	Buy	Maintains	$121 → $126	+23.65%	Jul 23, 2025
Ben Chaiken Mizuho	Mizuho	Buy Maintains $134 → $136	Buy	Maintains	$134 → $136	+33.46%	Jul 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.96B

Increased by 8.25%

from 2.73B

Revenue Next Year

3.09B

Increased by 4.22%

from 2.96B

EPS This Year

6.31

Increased by 10.36%

from 5.72

EPS Next Year

7.16

Increased by 13.39%

from 6.31

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.05B	1.60B	1.81B	2.46B	2.73B	2.96B	3.09B
Revenue Growth	-20.73%	51.54%	13.31%	36.02%	11.07%	8.25%	4.22%
EPS	-1.02	3.18	5.71	5.49	5.72	6.31	7.16
EPS Growth	-	-	79.56%	-3.85%	4.21%	10.36%	13.39%
Forward PE	-	-	-	-	-	16.14	14.23
No. Analysts	-	-	-	-	-	12	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.1B	3.3B
Avg	3.0B	3.1B
Low	2.8B	2.9B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.6%	10.2%
Avg	8.3%	4.2%
Low	2.9%	-2.7%

EPS Forecast

EPS	2025	2026	2027
High	6.72	8.01
Avg	6.31	7.16
Low	5.81	6.28

EPS Growth

EPS Growth	2025	2026	2027
High	17.5%	26.9%
Avg	10.4%	13.4%
Low	1.6%	-0.5%

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.