B
Bull
Bull · 25%CHDN
$122.53
Scenario price
$80.020
-1.024 (-1.28%)At close
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- High
- 81.200
- Open
- 80.870
- VWAP
- 79.96
- Volume
- 1.21M
- Mkt Cap
- 10.33B
- Low
- 78.650
- Amount
- 96.59M
- EV/EBITDA, TTM
- 7.41
Churchill Downs Incorporated is a racing, online wagering and gaming entertainment company, which is anchored by its flagship event, the Kentucky Derby. The Company operates through three reportable segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia and New Hampshire. The Wagering Services and Solutions segment includes TwinSpires, which is a retail and online sports betting business; United Tote Company, which manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities (OTBs), and other pari-mutuel wagering businesses; and Exacta Systems, LLC that provides central determinant system technology in historical racing machine (HRMs) across the country. The Gaming segment is engaged in the casino properties and associated racetrack facilities.
AI analysis of Churchill Downs Inc (CHDN)
BuyChurchill Downs Inc is a good buy right now due to its current price of $79.96, which is significantly below the analyst price targets of $138 and $119. The company reported record revenue of $980 million in Q2 2026, reflecting a strong growth momentum. However, the main risk is the recent downgrade from Mizuho, lowering the price target from $157 to $125, indicating potential volatility ahead.
Analyst Ratings (3)
+71.62% upside
Hold
1 Buy
2 Hold
0 Sell
Current: 80.02
Low
125.00
Average
137.33
High
146.00
Mizuho
Outperform
$157
2026-08-03
Mizuho
2026-08-03
Price Target
$157
Outperform
BofA
Buy
$100
2026-08-03
BofA
2026-08-03
Price Target
$100
Buy
Susquehanna
Positive
$124
2026-07-31
Susquehanna
2026-07-31
Price Target
$124
Positive
Citizens
Outperform
$137
2026-07-31
Citizens
2026-07-31
Price Target
$137
Outperform
Wells Fargo
Overweight
$120
2026-07-14
Wells Fargo
2026-07-14
Price Target
$120
Overweight
Valuation Metrics
The current forward P/E ratio for Churchill Downs Inc (CHDN) is 22.94, compared to its 5-year average forward P/E of 21.13.
Alphio AI Price Scenarios for CHDN
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.
Whales holding CHDN
Events Timeline
News
8.508-03GlobenewswireChurchill Downs and NYRA Launch Thoroughbred Championship Series
8.508-03NewsfilterChurchill Downs and NYRA Launch Thoroughbred Championship Series
9.507-30seekingalphaChurchill Downs Q2 2026 Earnings Call Highlights
9.507-30seekingalphaChurchill Downs Reports Strong Q2 with Record Revenue and Earnings
- 7.006-22seekingalpha
Maryland Exercises Right of First Refusal on Preakness Stakes IP, Impacting Churchill Downs
CHDN FAQ — answered by Alphio AI
Churchill Downs Incorporated is a racing, online wagering and gaming entertainment company, which is anchored by its flagship event, the Kentucky Derby. The Company operates through three reportable segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia and New Hampshire. The Wagering Services and Solutions segment includes TwinSpires, which is a retail and online sports betting business; United Tote Company, which manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities (OTBs), and other pari-mutuel wagering businesses; and Exacta Systems, LLC that provides central determinant system technology in historical racing machine (HRMs) across the country. The Gaming segment is engaged in the casino properties and associated racetrack facilities. It operates in the Consumer Cyclicals sector (SERVICES-RACING, INCLUDING TRACK OPERATION industry).
Churchill Downs Inc is a good buy right now due to its current price of $79.96, which is significantly below the analyst price targets of $138 and $119. The company reported record revenue of $980 million in Q2 2026, reflecting a strong growth momentum. However, the main risk is the recent downgrade from Mizuho, lowering the price target from $157 to $125, indicating potential volatility ahead.
3 analysts cover CHDN: 1 rate it Buy, 2 Hold and 0 Sell. The average price target is 137.33.
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