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CHDN Stock Forecast: Churchill Downs, Inc. Price Predictions for 2026-2027

Last close, 4 Sept 2026
$87
−3.56% on the day

The 12 Wall Street analysts covering Churchill Downs, Inc. hold a median 12-month price target of $128 — +47.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 65 of 100 as at 3 Sept 2026 — in the upper half.

Market cap
$6.3B
Ticker Nerd rank
65 / 100
Median analyst target
$128
Analysts covering
12
Revenue$980.0M+4.9% y/y
Operating income$358.0M
Net income$242.0M
Free cash flow$159.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.1%
1M
+2.0%
YTD
−23.5%
1Y
−14.2%
From 52W high
−26.0%
From 52W low
+6.0%
$82
$118
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CHDN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Churchill Downs, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Sept 2026
65 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
95
Value
82
Volatility
79
Quality
69
Accruals
67
Revisions
50
Growth
47
Momentum
23
Size
21

Issuance (95): The share count has been shrinking and the company is not leaning on new borrowing.

Momentum (23): The shares have been drifting down relative to others.

Size (21): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CHDN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CHDN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Oct 25Jan 26Apr 26Jul 26CHDNHigh $157Median $128Low $100

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says12 analysts
12 Buy0 Hold0 Sell
Low $100Median $128High $157

The green dot is the last close — the median target sits +47.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
3 Aug 2026MizuhoMaintainsOutperform$155 → $157
31 July 2026CitizensMaintainsMarket Outperform$149 → $137
31 July 2026SusquehannaMaintainsPositive$121 → $124
31 July 2026Wells FargoMaintainsOverweight$120 → $117
14 July 2026Wells FargoMaintainsOverweight$132 → $120
14 July 2026Wells FargoMaintainsOverweight—
19 May 2026MacquarieMaintainsOutperform—
24 Apr 2026CitizensMaintainsMarket Outperform—
24 Apr 2026MacquarieMaintainsOutperform—
24 Apr 2026MizuhoMaintainsOutperform—
16 Apr 2026Wells FargoMaintainsOverweight—
27 Feb 2026Wells FargoMaintainsOverweight—
14 Jan 2026CitizensMaintainsMarket Outperform—
5 Jan 2026Wells FargoMaintainsOverweight—
18 Nov 2025Wells FargoInitiatesOverweight—
24 Oct 2025BarclaysMaintainsOverweight—
24 Oct 2025MacquarieMaintainsOutperform—
21 Oct 2025SusquehannaMaintainsPositive—
16 Oct 2025JP MorganMaintainsOverweight—
28 July 2025MacquarieMaintainsOutperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CHDN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CHDN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, Churchill Downs, Inc. returned −14.2% against +20.0% for the S&P 500, dividends included.

CHDN vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Oct 25Jan 26Apr 26Jul 26CHDNS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CHDN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.3%
Analysts raising
2
Analysts cutting
4
Fundamentals

Churchill Downs, Inc. (CHDN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
15.1×

Cheaper than 46% of US stocks

Price / sales
2.1×

Cheaper than 52% of US stocks

Price / book
4.7×

Cheaper than 23% of US stocks

EV / EBITDA
11.1×

Cheaper than 34% of US stocks

Growth & margins
Revenue growth (YoY)
4.9%

Higher than 39% of US stocks

Earnings growth (YoY)
11.1%

Higher than 49% of US stocks

Gross margin
42.8%

Higher than 54% of US stocks

Operating margin
36.5%

Higher than 90% of US stocks

Net margin
13.8%

Higher than 76% of US stocks

Returns & dividend
Return on equity
33.8%

Higher than 89% of US stocks

Return on assets
6.5%

Higher than 83% of US stocks

Dividend yield
1.9%

Higher than 44% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Churchill Downs, Inc. (CHDN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Churchill Downs, Inc. has a market value of $6.3B and an enterprise value of $11.0B.

  • Revenue in the twelve months to 30 June 2026: $3.0B. The latest quarter grew 4.9% year on year.

  • Net income over the same four quarters: $415.7M, a 13.9% net margin.

  • Diluted earnings per share, trailing twelve months: $5.83.

  • Free cash flow in the twelve months to 30 June 2026: $382.6M, after $226.9M of capital spending.

  • Churchill Downs, Inc. spent $86.8M on share buybacks and $31.8M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 69.7M.

  • Trailing P/E: 15.1×; forward P/E: 12.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.94%, paying out 7% of earnings.

  • Churchill Downs, Inc. employs 6,600 people — $453K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Sept 2026

Data provided by Twelve Data

Peers

CHDN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelGambling
CompanyMarket capTKN rank
CHDNChurchill Downs, Inc.$6.3B
65
RSIRush Street Interactive, Inc.$6.2B
86
SGHCSuper Group (SGHC) Ltd.$7.1B
56
BRSLBrightstar Lottery Plc$2.1B
49
DKNGDraftKings, Inc.$21.5B
38
ACELAccel Entertainment, Inc.$958.1M
99
CDROCodere Online Luxembourg SA$403.0M
11

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Churchill Downs, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CHDN news & analysis

Churchill Downs: Wall Street Continues To Underestimate The Kentucky Derby Empire

Seeking Alpha · 20 Aug 2026positive

Churchill Downs posted record Q2 2026 results, with revenue rising 5% to $980M, adjusted EBITDA up 6% to $477M, and adjusted diluted EPS up 11% to $3.45, as the company evolves beyond horse racing into a diversified gaming ecosystem. The results highlight margin improvement and strong operational execution.

Why it matters — The stronger-than-expected earnings growth and record quarterly performance signal the success of Churchill Downs' diversification strategy for investors tracking its expansion beyond horse racing.

Churchill Downs Incorporated (CHDN) Discusses Creation of Thoroughbred Championship Series Linking Iconic Races Transcript

Seeking Alpha · 3 Aug 2026neutral

A Seeking Alpha transcript records Churchill Downs Incorporated (CHDN) discussing the creation of a Thoroughbred Championship Series linking iconic races.

Why it matters — CHDN watchers would care because the company is discussing a new championship series connecting its high-profile races, a potentially notable strategic development in its racing business.

Churchill Downs, NYRA Unveil 2027 Thoroughbred Championship Series

MarketBeat · 3 Aug 2026positive

Churchill Downs (CHDN) and the New York Racing Association announced plans to launch the Thoroughbred Championship Series, a six-race competition for three-year-old horses that will begin in 2027.

Why it matters — The new series expands Churchill Downs' racing offerings and could create a fresh revenue stream and competitive event tied to its brand.

Horse Racing's Biggest Events Unite in Landmark New “Thoroughbred Championship Series”

GlobeNewsWire · 3 Aug 2026positive

Churchill Downs Incorporated and The New York Racing Association announced a new six-race Thoroughbred Championship Series spanning three iconic racing venues and crowning a single champion.

Why it matters — The landmark series could expand the prominence and visibility of CHDN's racing events, which is relevant to those following the company.

Churchill Downs Incorporated (CHDN) Q2 2026 Earnings Call Transcript

Seeking Alpha · 30 July 2026neutral

Churchill Downs Incorporated published the transcript of its Q2 2026 earnings call on Seeking Alpha, covering its financial results and management commentary for the quarter.

Why it matters — Earnings-call transcripts give CHDN watchers direct insight into management's view of the company's quarterly performance and outlook.

FAQ

Frequently asked questions about CHDN stock

What is the CHDN stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Churchill Downs, Inc. have a median 12-month price target of $128, with estimates ranging from $100 to $157. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CHDN stock a buy right now?

Of the 12 analysts covering Churchill Downs, Inc., 12 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Churchill Downs, Inc. 65 out of 100 across roughly 4,600 US stocks as at 3 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CHDN?

As at 3 Sept 2026, Churchill Downs, Inc. ranks 65 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (95 of 100).

Will CHDN stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +47.0% from the last close, and Ticker Nerd's factor model ranks Churchill Downs, Inc. 65 out of 100 as at 3 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CHDN stock forecast for 2030?

No analyst covering Churchill Downs, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CHDN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $100 to $157 over the next 12 months.

How has CHDN stock performed over the past year?

Churchill Downs, Inc. returned -14.2% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Churchill Downs, Inc. do?

Churchill Downs Incorporated is a U.S. gaming and racing company that operates live and historical horse racing venues, online wagering services, and regional casino properties.

What is the latest news on CHDN?

The most recent item we track (Seeking Alpha, 20 Aug 2026): "Churchill Downs: Wall Street Continues To Underestimate The Kentucky Derby Empire". Churchill Downs posted record Q2 2026 results, with revenue rising 5% to $980M, adjusted EBITDA up 6% to $477M, and adjusted diluted EPS up 11% to $3.45, as the company evolves beyond horse racing into a diversified gaming ecosystem. The results highlight margin improvement and strong operational execution.

Company

About Churchill Downs, Inc.

Churchill Downs Incorporated is a U.S. gaming and racing company that operates live and historical horse racing venues, online wagering services, and regional casino properties. Churchill Downs Incorporated’s business is organized around live and historical racing, wagering services and solutions, and gaming, giving it a diversified presence across pari-mutuel racing, sports and horse-racing betting, tote technology, and casino operations. Its portfolio includes Churchill Downs Racetrack and other racing-related properties, along with online wagering platforms and supporting technology services that serve racing fans, bettors, and gaming customers. The company also runs casino properties and related entertainment venues that complement its racing and wagering businesses. Based in Louisville, Kentucky, Churchill Downs Incorporated plays a prominent role in the U.S. horse racing and gaming market through a mix of physical venues, digital wagering products, and gaming operations.

CEO Mr. William C. Carstanjen · 6,600 employees · United States · https://www.churchilldownsincorporated.com