On May 23, 2025, Mizuho analyst Ben Chaiken maintained an "Outperform" rating for Churchill Downs (CHDN, Financial). Despite maintaining the rating, the analyst lowered the price target from $137.00 to $134.00. This adjustment represents a 2.19% decrease in the price target.
Churchill Downs (CHDN, Financial) has been given consistent recognition for its performance potential, as indicated by the maintained "Outperform" rating. However, the revised price target reflects a cautious outlook from the analyst.
The adjustment in the price target for CHDN remains significant in understanding market forecasts and investor sentiment surrounding Churchill Downs. The updated price target from Mizuho underscores the importance of monitoring analyst insights for informed investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Churchill Downs Inc (CHDN, Financial) is $138.37 with a high estimate of $158.00 and a low estimate of $115.00. The average target implies an upside of 48.88% from the current price of $92.94. More detailed estimate data can be found on the Churchill Downs Inc (CHDN) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Churchill Downs Inc's (CHDN, Financial) average brokerage recommendation is currently 1.8, 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 Churchill Downs Inc (CHDN, Financial) in one year is $166.12, suggesting a upside of 78.74% from the current price of $92.94. 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 Churchill Downs Inc (CHDN) Summary page.
