Chord Energy Corporation (CHRD)
NASDAQ: CHRD · IEX Real-Time Price · USD
175.55
+0.21 (0.12%)
At close: Jul 19, 2024, 4:00 PM
175.54
-0.01 (-0.01%)
Pre-market: Jul 22, 2024, 4:38 AM EDT
Chord Energy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Chord Energy stock have an average target of 206.11, with a low estimate of 185 and a high estimate of 234. The average target predicts an increase of 17.41% from the current stock price of 175.55.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Chord Energy 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 4 | 5 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 18, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $233 → $234 | Buy | Maintains | $233 → $234 | +33.30% | Jul 18, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $195 | Strong Buy | Initiates | $195 | +11.08% | Jul 1, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $201 | Strong Buy | Initiates | $201 | +14.50% | Jun 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $228 → $226 | Strong Buy | Maintains | $228 → $226 | +28.74% | Jun 3, 2024 |
Financial Forecast
Revenue This Year
4.48B
from 3.90B
Increased by 14.87%
Revenue Next Year
5.13B
from 4.48B
Increased by 14.63%
EPS This Year
22.32
from 23.51
Decreased by -5.04%
EPS Next Year
23.22
from 22.32
Increased by 4.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3B | 6.6B | 6.7B |
| Avg | 4.5B | 5.1B | 5.5B |
| Low | 3.1B | 3.3B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.1% | 47.2% | 31.3% |
| Avg | 14.9% | 14.6% | 7.2% |
| Low | -20.3% | -26.2% | -11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.58 | 31.67 | 34.76 |
| Avg | 22.32 | 23.22 | 23.73 |
| Low | 20.27 | 19.07 | 18.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.6% | 41.9% | 49.7% |
| Avg | -5.0% | 4.0% | 2.2% |
| Low | -13.8% | -14.6% | -22.1% |
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.