Churchill Downs, Incorporated (NASDAQ:CHDN) Receives $139.00 Average Target Price from Analysts

Posted by Francis Steltz on Jun 11th, 2026

Shares of Churchill Downs, Incorporated (NASDAQ:CHDN – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and eleven have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $139.00.

CHDN has been the topic of a number of research analyst reports. Mizuho increased their price objective on shares of Churchill Downs from $146.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Citigroup reissued an “outperform” rating on shares of Churchill Downs in a research report on Friday, April 24th. Citizens Jmp increased their price objective on shares of Churchill Downs from $146.00 to $149.00 and gave the stock a “market outperform” rating in a research report on Friday, April 24th. Wells Fargo & Company reissued an “overweight” rating and set a $130.00 price objective (up from $124.00) on shares of Churchill Downs in a research report on Thursday, April 16th. Finally, Weiss Ratings cut shares of Churchill Downs from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th.

Check Out Our Latest Analysis on Churchill Downs

Churchill Downs Stock Performance

Shares of CHDN opened at $88.66 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.44. The stock has a market capitalization of $6.18 billion, a P/E ratio of 16.42, a price-to-earnings-growth ratio of 0.59 and a beta of 0.68. The firm’s fifty day simple moving average is $89.76 and its two-hundred day simple moving average is $97.04. Churchill Downs has a 12 month low of $80.24 and a 12 month high of $118.46.

Churchill Downs (NASDAQ:CHDN – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.15. The company had revenue of $663.00 million for the quarter, compared to analysts’ expectations of $659.32 million. Churchill Downs had a net margin of 13.21% and a return on equity of 43.50%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 EPS. As a group, analysts predict that Churchill Downs will post 7.32 EPS for the current year.

Hedge Funds Weigh In On Churchill Downs

Several large investors have recently added to or reduced their stakes in CHDN. Fifth Third Bancorp increased its stake in Churchill Downs by 6,547.6% in the 4th quarter. Fifth Third Bancorp now owns 52,649 shares of the company’s stock valued at $5,990,000 after buying an additional 51,857 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Churchill Downs by 8.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,834 shares of the company’s stock valued at $21,326,000 after buying an additional 16,646 shares during the last quarter. UBS Group AG increased its stake in Churchill Downs by 26.9% in the 4th quarter. UBS Group AG now owns 350,982 shares of the company’s stock valued at $39,935,000 after buying an additional 74,421 shares during the last quarter. Fieldview Capital Management LLC purchased a new stake in Churchill Downs in the 3rd quarter valued at about $3,869,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in Churchill Downs in the 3rd quarter valued at about $1,158,000. Institutional investors own 82.59% of the company’s stock.

Churchill Downs Company Profile

(Get Free Report)

Churchill Downs Incorporated is a leading American entertainment and gaming company best known for operating the Churchill Downs racetrack in Louisville, Kentucky, home of the annual Kentucky Derby. Beyond its signature thoroughbred racing venue, the company manages a diversified portfolio of live racing facilities, casinos, and off-track betting operations. Its services encompass pari-mutuel wagering, historical horse racing machines, and online betting through its TwinSpires platform, reaching horse racing and sports betting enthusiasts nationwide.

In its live racing segment, Churchill Downs oversees a network of racetracks and racing festivals, offering year-round events in multiple states.