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 $135.6, which forecasts a 53.25% increase in the stock price over the next year. The lowest target is $124 and the highest is $155.

Price Target: $135.6 (+53.25%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$124	$135.6	$133	$155
Change	+40.14%	+53.25%	+50.32%	+75.18%

* Price targets were last updated on Feb 27, 2026.

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	3	3	3	3
Buy	8	8	8	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	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $125 → $124	Buy	Maintains	$125 → $124	+40.14%	Feb 27, 2026
Jordan Bender Citizens	Citizens	Buy Maintains $142 → $146	Buy	Maintains	$142 → $146	+65.01%	Jan 14, 2026
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $115 → $125	Buy	Maintains	$115 → $125	+41.27%	Jan 5, 2026
Trey Bowers Wells Fargo	Wells Fargo	Buy Initiates $115	Buy	Initiates	$115	+29.97%	Nov 18, 2025
Chad Beynon Macquarie	Macquarie	Buy Maintains $155	Buy	Maintains	$155	+75.18%	Oct 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.09B

Increased by 5.61%

from 2.93B

Revenue Next Year

3.20B

Increased by 3.53%

from 3.09B

EPS This Year

6.85

Increased by 28.47%

from 5.33

EPS Next Year

7.57

Increased by 10.52%

from 6.85

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.60B	1.81B	2.46B	2.73B	2.93B	3.09B	3.20B
Revenue Growth	51.54%	13.31%	36.02%	11.07%	7.01%	5.61%	3.53%
EPS	3.18	5.71	5.49	5.72	5.33	6.85	7.57
EPS Growth	-	79.56%	-3.85%	4.21%	-6.76%	28.47%	10.52%
Forward PE	-	-	-	-	-	12.91	11.68
No. Analysts	-	-	-	-	-	13	11

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

Revenue Forecast

Revenue	2026	2027	2028
High	3.2B	3.4B
Avg	3.1B	3.2B
Low	2.9B	3.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	9.5%	9.4%
Avg	5.6%	3.5%
Low	0.7%	-3.3%

EPS Forecast

EPS	2026	2027	2028
High	7.55	8.59
Avg	6.85	7.57
Low	5.60	5.93

EPS Growth

EPS Growth	2026	2027	2028
High	41.5%	25.3%
Avg	28.5%	10.5%
Low	4.9%	-13.4%

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.