On May 23, 2025, Chord Energy (CHRD, Financial) received an updated analyst rating from B of A Securities, as reported by analyst Noah Hungness. The financial firm maintained its "Buy" rating for the stock, signaling continued confidence in the company’s long-term prospects.
However, there was a slight adjustment to Chord Energy's (CHRD, Financial) price target. The price target was lowered from $114.00 USD to $112.00 USD, marking a decrease of -1.75%. This adjustment reflects B of A Securities' updated financial models and forecasts for the energy sector and Chord Energy's market performance.
Chord Energy (CHRD, Financial) continues to be evaluated positively by B of A Securities despite the modest drop in its anticipated stock price value. Investors should note the maintained "Buy" rating, indicating that analysts still see potential for growth or an undervalued stock relative to market conditions.
The price target adjustment for Chord Energy (CHRD, Financial) serves as a critical piece of information for investors monitoring this stock. As always, investors are encouraged to consider this information alongside their independent research and financial objectives.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Chord Energy Corp (CHRD, Financial) is $134.50 with a high estimate of $174.00 and a low estimate of $100.00. The average target implies an upside of 49.91% from the current price of $89.72. More detailed estimate data can be found on the Chord Energy Corp (CHRD) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Chord Energy Corp's (CHRD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Chord Energy Corp (CHRD, Financial) in one year is $104.01, suggesting a upside of 15.93% from the current price of $89.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Chord Energy Corp (CHRD) Summary page.
