Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
138.78
-1.19 (-0.85%)
Sep 18, 2024, 4:00 PM EDT - Market closed

Churchill Downs Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 157.3, with a low estimate of 138 and a high estimate of 166. The average target predicts an increase of 13.34% from the current stock price of 138.78.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $138 $157.3 $161 $166
Change -0.56% +13.34% +16.01% +19.61%
* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

The average analyst rating for CHDN stock from 10 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 555444
Buy 444666
Hold 000000
Sell 000000
Strong Sell 000000
Total 999101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Upgrades
$145$155
Strong Buy Upgrades $145$155 +11.69% Aug 12, 2024
Macquarie
Macquarie
Buy
Maintains
$154$162
Buy Maintains $154$162 +16.73% Jul 26, 2024
JMP Securities
JMP Securities
Buy
Maintains
$158$166
Buy Maintains $158$166 +19.61% Jul 26, 2024
Mizuho
Mizuho
Buy
Maintains
$143$157
Buy Maintains $143$157 +13.13% Jul 26, 2024
Stifel
Stifel
Strong Buy
Maintains
$160$164
Strong Buy Maintains $160$164 +18.17% Jul 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.81B
from 2.46B
Increased by 14.31%
Revenue Next Year
3.11B
from 2.81B
Increased by 10.55%
EPS This Year
6.30
from 5.49
Increased by 14.73%
EPS Next Year
7.74
from 6.30
Increased by 22.85%
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
1.33B1.05B1.60B1.81B2.46B2.81B3.11B3.26B
Revenue Growth
31.78%-20.73%51.54%13.31%36.02%14.31%10.55%4.82%
EPS
1.69-1.023.185.715.496.307.748.75
EPS Growth
-60.14%--79.56%-3.85%14.73%22.85%13.12%
Forward PE
-----22.0317.9415.86
No. Analysts -----11116
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.9B 3.4B 3.6B
Avg 2.8B 3.1B 3.3B
Low 2.7B 2.9B 2.9B

Revenue Growth

Revenue Growth 202420252026
High
19.0%
19.2%
15.3%
Avg
14.3%
10.6%
4.8%
Low
8.7%
2.2%
-5.9%

EPS Forecast

EPS 202420252026
High 6.74 8.63 9.66
Avg 6.30 7.74 8.75
Low 5.85 7.03 7.55

EPS Growth

EPS Growth 202420252026
High
22.8%
37.0%
24.8%
Avg
14.7%
22.8%
13.1%
Low
6.6%
11.6%
-2.4%
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.