Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
139.05
-3.73 (-2.61%)
Dec 3, 2024, 12:13 PM EST - Market open
Churchill Downs Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 161.38, with a low estimate of 151 and a high estimate of 168. The average target predicts an increase of 16.06% from the current stock price of 139.05.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 25, 2024.
Analyst Ratings
The average analyst rating for CHDN stock from 8 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 6 | 6 | 6 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $166 → $165 | Strong Buy | Reiterates | $166 → $165 | +18.66% | Oct 25, 2024 |
| Mizuho | Mizuho | Buy Maintains $157 → $151 | Buy | Maintains | $157 → $151 | +8.59% | Oct 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $161 → $168 | Buy | Maintains | $161 → $168 | +20.82% | Oct 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $166 | Buy | Reiterates | $166 | +19.38% | Oct 14, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $145 → $155 | Hold → Strong Buy | Upgrades | $145 → $155 | +11.47% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
2.79B
from 2.46B
Increased by 13.17%
Revenue Next Year
3.06B
from 2.79B
Increased by 9.91%
EPS This Year
6.15
from 5.49
Increased by 12.03%
EPS Next Year
7.26
from 6.15
Increased by 18.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.0% | 18.6% | 15.7% |
| Avg | 13.2% | 9.9% | 4.9% |
| Low | 8.1% | 3.0% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.