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Churchill Downs (CHDN)
NASDAQ:CHDN
CHDN Analyst Ratings
Strong Buy
8 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CHDN Stock 12 Month Forecast
Average Price Target
$131.75
▲(34.33%Upside)
| Highest Price Target$150.00 | Average Price Target$131.75 | Lowest Price Target$115.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TipRanks
$110
Buy
12.15%
Upside
Upgraded
06/07/25
Churchill Downs has demonstrated strong financial performance and effective cash flow management, supporting a robust earnings call. However, high leverage and macroeconomic uncertainties pose risks. Technical indicators suggest short-term weakness, and the stock's valuation is fair but not compelling.
Stifel Nicolaus
$130
Buy
32.54%
Upside
Reiterated
06/05/25
Citizens JMP
$144→$138
Buy
40.70%
Upside
Reiterated
05/27/25
Mizuho Securities
$137→$134
Buy
36.62%
Upside
Reiterated
05/23/25
Truist Financial
$150
Buy
52.94%
Upside
Reiterated
05/05/25
Bank of America Securities
$115
Buy
17.25%
Upside
Reiterated
05/05/25
Jefferies
$160→$127
Buy
29.49%
Upside
Reiterated
04/25/25
Susquehanna
$150→$136
Buy
38.66%
Upside
Reiterated
04/22/25
Barclays
$125→$124
Buy
26.43%
Upside
Reiterated
04/22/25
Wells Fargo
$165→$158
Buy
61.09%
Upside
Reiterated
02/21/25
Churchill Downs Buy Rating: Strategic Derby Investments Poised to Boost EBITDA Amid Temporary SetbacksWe think this will drive material value over time, but recognize investors wanting to see some of CHDN's newer projects ramp first. Key takes. CHDN posted a slightly better than exp 4Q, w/ adj EBITDA of $237m +1% vs WFe/St. Upside was mostly from Gaming, w/ TwSp a bit better (1x benefit) and L&HR a touch light. The focus was on CHDN’s ambitious new Derby project pipeline, totaling $900m from '25 to '28. Potentially, these projects should drive a material lift to Derby EBITDA (assuming 12-13% cash/cash return on CDRT capex), but we recognize investors were anticipating CHDN’s capex cycle to be winding down, not re-starting. Debates.
Macquarie
$168→$175
Buy
78.43%
Upside
Reiterated
02/20/25
Capital One Financial
$156
Buy
59.05%
Upside
Reiterated
10/25/24
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
$110
Buy
12.15%
Upside
Upgraded
06/07/25
Churchill Downs has demonstrated strong financial performance and effective cash flow management, supporting a robust earnings call. However, high leverage and macroeconomic uncertainties pose risks. Technical indicators suggest short-term weakness, and the stock's valuation is fair but not compelling.
Stifel Nicolaus
$130
Buy
32.54%
Upside
Reiterated
06/05/25
Citizens JMP
$144→$138
Buy
40.70%
Upside
Reiterated
05/27/25
Mizuho Securities
$137→$134
Buy
36.62%
Upside
Reiterated
05/23/25
Truist Financial
$150
Buy
52.94%
Upside
Reiterated
05/05/25
Bank of America Securities
$115
Buy
17.25%
Upside
Reiterated
05/05/25
Jefferies
$160→$127
Buy
29.49%
Upside
Reiterated
04/25/25
Susquehanna
$150→$136
Buy
38.66%
Upside
Reiterated
04/22/25
Barclays
$125→$124
Buy
26.43%
Upside
Reiterated
04/22/25
Wells Fargo
$165→$158
Buy
61.09%
Upside
Reiterated
02/21/25
Churchill Downs Buy Rating: Strategic Derby Investments Poised to Boost EBITDA Amid Temporary SetbacksWe think this will drive material value over time, but recognize investors wanting to see some of CHDN's newer projects ramp first. Key takes. CHDN posted a slightly better than exp 4Q, w/ adj EBITDA of $237m +1% vs WFe/St. Upside was mostly from Gaming, w/ TwSp a bit better (1x benefit) and L&HR a touch light. The focus was on CHDN’s ambitious new Derby project pipeline, totaling $900m from '25 to '28. Potentially, these projects should drive a material lift to Derby EBITDA (assuming 12-13% cash/cash return on CDRT capex), but we recognize investors were anticipating CHDN’s capex cycle to be winding down, not re-starting. Debates.
Macquarie
$168→$175
Buy
78.43%
Upside
Reiterated
02/20/25
Capital One Financial
$156
Buy
59.05%
Upside
Reiterated
10/25/24
Best Analysts Covering Churchill Downs
1 Month
xxx
Success Rate
19/31 ratings generated profit
Average Return
+3.14%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 61.29% of your transactions generating a profit, with an average return of +3.14% per trade.
3 Months
xxx
Success Rate
17/31 ratings generated profit
Average Return
+3.71%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 54.84% of your transactions generating a profit, with an average return of +3.71% per trade.
1 Year
Success Rate
17/31 ratings generated profit
Average Return
+8.36%
reiterated a buy rating last month
Copying David Katz's trades and holding each position for 1 Year would result in 54.84% of your transactions generating a profit, with an average return of +8.36% per trade.
2 Years
xxx
Success Rate
17/31 ratings generated profit
Average Return
+12.90%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 54.84% of your transactions generating a profit, with an average return of +12.90% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CHDN Analyst Recommendation Trends
Rating
Dec 24
Feb 25
Apr 25
May 25
Jun 25
Strong Buy
0
0
4
6
6
Buy
19
24
21
20
14
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
19
24
25
26
20
Each month's total comprises the sum of three months' worth of ratings.
CHDN Financial Forecast
CHDN Stock Forecast FAQ
What is CHDN’s average 12-month price target, according to analysts?
Based on analyst ratings, Churchill Downs’s 12-month average price target is 131.75.
What is CHDN’s upside potential, based on the analysts’ average price target?
Churchill Downs has 34.33% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CHDN a Buy, Sell or Hold?
Churchill Downs has a consensus rating of Strong Buy which is based on 8 buy ratings, 0 hold ratings and 0 sell ratings.
What is Churchill Downs’s price target?
The average price target for Churchill Downs is 131.75. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $150.00 ,the lowest forecast is $115.00. The average price target represents 34.33% Increase from the current price of $98.08.
The highest analyst price target is $150.00 ,the lowest forecast is $115.00. The average price target represents 34.33% Increase from the current price of $98.08.
What do analysts say about Churchill Downs?
Churchill Downs’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
How can I buy shares of CHDN?
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