Churchill Downs Inc（CHDN）股票分析CHDNChurchill Downs Inc

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 currently a hold. The stock is priced at $81.70, with a forward P/E ratio of 22.94, indicating it may be overvalued relative to its earnings potential. However, the recent record revenue of $980 million in Q2 2026 and a strong gross margin of 43.27% show solid financial health. The main risk is the insider selling trend, which has increased by 115.46% over the last quarter, indicating potential lack of confidence from insiders.

3 analysts cover CHDN: 1 rate it Buy, 2 Hold and 0 Sell. The average price target is 137.33.