ChampionX Corporation (CHX)
NASDAQ: CHX · IEX Real-Time Price · USD
33.01
+0.25 (0.76%)
At close: Jul 2, 2024, 4:00 PM
33.55
+0.54 (1.64%)
After-hours: Jul 2, 2024, 5:03 PM EDT
ChampionX Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for ChampionX stock have an average target of 39.14, with a low estimate of 32 and a high estimate of 51. The average target predicts an increase of 18.57% from the current stock price of 33.01.
Analyst Consensus: Buy
* Price targets were last updated on Apr 8, 2024.
Analyst Ratings
The average analyst rating for ChampionX stock from 7 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $32 → $40 | Hold | Maintains | $32 → $40 | +21.18% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $39 → $51 | Buy | Maintains | $39 → $51 | +54.50% | Apr 4, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $39 → $40 | Strong Buy | Maintains | $39 → $40 | +21.18% | Mar 27, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $38 → $32 | Buy → Hold | Downgrades | $38 → $32 | -3.06% | Jan 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $37 → $32 | Hold | Maintains | $37 → $32 | -3.06% | Nov 14, 2023 |
Financial Forecast
Revenue This Year
3.94B
from 3.76B
Increased by 4.81%
Revenue Next Year
4.21B
from 3.94B
Increased by 6.98%
EPS This Year
1.99
from 1.57
Increased by 26.68%
EPS Next Year
2.35
from 1.99
Increased by 17.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.1B | 4.5B | 4.7B | 4.8B | 5.0B |
| Avg | 3.9B | 4.2B | 4.5B | 4.6B | 4.8B |
| Low | 3.7B | 3.9B | 4.3B | 4.5B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 13.6% | 12.3% | 8.0% | 9.3% |
| Avg | 4.8% | 7.0% | 6.1% | 3.4% | 4.7% |
| Low | -0.2% | -0.2% | 1.0% | -0.2% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.24 | 2.65 | 3.15 | 3.05 | 3.27 |
| Avg | 1.99 | 2.35 | 2.76 | 2.80 | 2.99 |
| Low | 1.69 | 1.85 | 2.42 | 2.59 | 2.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 42.5% | 33.3% | 34.3% | 10.2% | 16.7% |
| Avg | 26.7% | 18.0% | 17.7% | 1.3% | 7.0% |
| Low | 7.4% | -6.9% | 3.2% | -6.3% | -1.2% |
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.