Chesapeake Energy Corporation (CHK)
NASDAQ: CHK · IEX Real-Time Price · USD
83.02
+0.52 (0.63%)
At close: Jul 2, 2024, 4:00 PM
82.50
-0.52 (-0.63%)
After-hours: Jul 2, 2024, 6:53 PM EDT
Chesapeake Energy Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Chesapeake Energy stock have an average target of 103, with a low estimate of 88 and a high estimate of 117. The average target predicts an increase of 24.07% from the current stock price of 83.02.
Analyst Consensus: Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for CHK stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 2 | 2 | 1 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 27, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $101 → $111 | Strong Buy | Maintains | $101 → $111 | +33.70% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $107 → $93 | Strong Buy | Maintains | $107 → $93 | +12.02% | May 2, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $116 → $117 | Hold | Maintains | $116 → $117 | +40.93% | May 1, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $100 → $101 | Strong Buy | Maintains | $100 → $101 | +21.66% | May 1, 2024 |
Financial Forecast
Revenue This Year
3.88B
from 8.72B
Decreased by -55.50%
Revenue Next Year
10.06B
from 3.88B
Increased by 159.13%
EPS This Year
1.56
from 16.92
Decreased by -90.76%
EPS Next Year
5.77
from 1.56
Increased by 269.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.8B | 13.7B | 17.3B |
| Avg | 3.9B | 10.1B | 11.3B |
| Low | 2.7B | 3.6B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -33.3% | 251.8% | 71.5% |
| Avg | -55.5% | 159.1% | 12.1% |
| Low | -68.9% | -6.8% | -42.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.22 | 9.61 | 13.89 | 13.51 |
| Avg | 1.56 | 5.77 | 8.33 | 13.00 |
| Low | 0.60 | 2.42 | 3.52 | 12.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -75.1% | 514.6% | 140.7% | 62.3% |
| Avg | -90.8% | 269.2% | 44.2% | 56.1% |
| Low | -96.5% | 54.9% | -39.0% | 51.5% |
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.