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NASDAQ: CHDN
Churchill Downs Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CHDN

Based on 8 analysts offering 12 month price targets for Churchill Downs Inc.
Min Forecast
$138.00+19.42%
Avg Forecast
$145.25+25.69%
Max Forecast
$165.00+42.78%

Should I buy or sell CHDN stock?

Based on 8 analysts offering ratings for Churchill Downs Inc.
Strong Buy
Strong Buy
6 analysts 75%
Buy
2 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CHDN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-27
lockedlocked$00.00+00.00%2023-10-19
lockedlocked$00.00+00.00%2023-10-17
lockedlocked$00.00+00.00%2023-10-12
lockedlocked$00.00+00.00%2023-10-03
Bank of America
Bottom 25%
25
Strong BuyMaintains$142.00+22.88%2023-07-31
Wells Fargo
Top 36%
65
Strong BuyMaintains$139.00+20.28%2023-07-28
Jefferies
Top 15%
86
Strong BuyReiterates$165.00+42.78%2023-06-14

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Forecast return on equity

Is CHDN forecast to generate an efficient return?
Company
77.77%
Industry
-28.94%
Market
39.36%
CHDN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CHDN forecast to generate an efficient return on assets?
Company
10.24%
Industry
0.82%
CHDN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CHDN revenue forecast

What is CHDN's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$2.5B+3.02%
Avg 2 year Forecast
$2.8B+15.53%
Avg 3 year Forecast
$3.1B+29.22%
CHDN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CHDN earnings growth forecast

How is CHDN forecast to perform vs Gambling companies and vs the US market?
Company
30.98%
Industry
30.81%
Market
21.47%
CHDN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CHDN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CHDN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CHDN revenue growth forecast

How is CHDN forecast to perform vs Gambling companies and vs the US market?
Company
7.67%
Industry
10.22%
Market
6.57%
CHDN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CHDN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CHDN vs Gambling Stocks

TickerPricePrice TargetUp/downsideConsensus
CHDN$115.56$145.25+25.69%Strong Buy
LNW$86.37$88.33+2.27%Strong Buy
IGT$26.47$39.33+48.59%Strong Buy
SGHC$2.98$4.75+59.40%Strong Buy
NGMS$28.08$29.50+5.06%Hold
View Top Gambling Stocks

Churchill Downs Stock Forecast FAQ

Is Churchill Downs Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: CHDN) stock is to Strong Buy CHDN stock.

Out of 8 analysts, 6 (75%) are recommending CHDN as a Strong Buy, 2 (25%) are recommending CHDN as a Buy, 0 (0%) are recommending CHDN as a Hold, 0 (0%) are recommending CHDN as a Sell, and 0 (0%) are recommending CHDN as a Strong Sell.

If you're new to stock investing, here's how to buy Churchill Downs stock.

What is CHDN's revenue growth forecast for 2023-2025?

(NASDAQ: CHDN) Churchill Downs's forecast annual revenue growth rate of 7.67% is not forecast to beat the US Gambling industry's average forecast revenue growth rate of 10.22%, and while it is forecast to beat the US market's average forecast revenue growth rate of 6.57%.

Churchill Downs's revenue in 2023 is $2,380,600,000.On average, 8 Wall Street analysts forecast CHDN's revenue for 2023 to be $182,941,558,205, with the lowest CHDN revenue forecast at $181,665,986,783, and the highest CHDN revenue forecast at $183,570,392,538. On average, 8 Wall Street analysts forecast CHDN's revenue for 2024 to be $205,166,115,092, with the lowest CHDN revenue forecast at $201,374,684,176, and the highest CHDN revenue forecast at $209,632,330,750.

In 2025, CHDN is forecast to generate $229,469,853,396 in revenue, with the lowest revenue forecast at $221,158,722,336 and the highest revenue forecast at $253,930,464,607.

What is CHDN's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: CHDN) forecast ROA is 10.24%, which is higher than the forecast US Gambling industry average of 0.82%.

What is CHDN's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CHDN price target, the average CHDN price target is $145.25, with the highest CHDN stock price forecast at $165.00 and the lowest CHDN stock price forecast at $138.00.

On average, Wall Street analysts predict that Churchill Downs's share price could reach $145.25 by Oct 27, 2024. The average Churchill Downs stock price prediction forecasts a potential upside of 25.69% from the current CHDN share price of $115.56.

What is CHDN's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: CHDN) forecast ROE is 77.77%, which is considered strong.
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