ChampionX Corporation (CHX)

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 11.80% from the current stock price of 35.01.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$39.14	$40	$51
Change	-8.60%	+11.80%	+14.25%	+45.67%

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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	2
Buy	3	3	3	3	3	2
Hold	1	1	2	2	2	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luke Lemoine Piper Sandler	Piper Sandler	Hold Maintains $32 → $40	Hold	Maintains	$32 → $40	+14.25%	Apr 8, 2024
David Anderson Barclays	Barclays	Buy Maintains $39 → $51	Buy	Maintains	$39 → $51	+45.67%	Apr 4, 2024
Scott Gruber Citigroup	Citigroup	Strong Buy Maintains $39 → $40	Strong Buy	Maintains	$39 → $40	+14.25%	Mar 27, 2024
Ian Macpherson Piper Sandler	Piper Sandler	Buy → Hold Downgrades $38 → $32	Buy → Hold	Downgrades	$38 → $32	-8.60%	Jan 8, 2024
Neil Mehta Goldman Sachs	Goldman Sachs	Hold Maintains $37 → $32	Hold	Maintains	$37 → $32	-8.60%	Nov 14, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

3.93B

Increased by 4.54%

from 3.76B

Revenue Next Year

4.21B

Increased by 7.02%

from 3.93B

EPS This Year

2.00

Increased by 27.68%

from 1.57

EPS Next Year

2.43

Increased by 21.12%

from 2.00

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.13B	1.90B	3.07B	3.81B	3.76B	3.93B	4.21B	4.47B	4.82B	5.01B
Revenue Growth	-7.13%	67.96%	61.84%	23.77%	-1.25%	4.54%	7.02%	6.37%	7.80%	3.84%
EPS	0.67	-5.01	0.54	0.75	1.57	2.00	2.43	2.82	2.83	3.07
EPS Growth	-43.70%	-	-	38.89%	109.33%	27.68%	21.12%	16.19%	0.42%	8.38%
No. Analysts	-	-	-	-	-	12	12	6	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.2B	4.5B	4.9B	5.1B	5.2B
Avg	3.9B	4.2B	4.5B	4.8B	5.0B
Low	3.7B	3.9B	4.1B	4.6B	4.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.5%	13.8%	15.6%	13.2%	7.9%
Avg	4.5%	7.0%	6.4%	7.8%	3.8%
Low	-0.3%	0.1%	-2.0%	3.6%	0.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.22	2.65	3.21	2.96	3.19
Avg	2.00	2.43	2.82	2.83	3.07
Low	1.85	2.26	2.40	2.73	2.98

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	41.1%	32.3%	32.3%	5.0%	12.7%
Avg	27.7%	21.1%	16.2%	0.4%	8.4%
Low	18.0%	12.9%	-1.1%	-3.1%	5.2%

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.