CHESAPEAKE ENERGY CORP (CHK) Forecast, Price Target & Analyst Ratings
NASDAQ:CHK • US1651677353
81.46 USD
-0.79 (-0.96%)
At close: Oct 1, 2024
81.46 USD
0 (0%)
After Hours: 10/1/2024, 8:00:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CHESAPEAKE ENERGY CORP (CHK).
Forecast Snapshot
Consensus Price Target
$97.71
+ 19.95% Upside
Next Earnings Forecast
Release DateOct 29, 2024
PeriodQ3 / 2024
EPS Estimate$0.08
Revenue Estimate722M
ChartMill Buy Consensus
75.83%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$97.71
Upside
+ 19.95%
From current price of $81.46 to mean target of $97.71, Based on 24 analyst forecasts
Low
$77.77
Median
$94.86
High
$126.00
Price Target Revisions
1 Month
-7.14%
3 Months
-8.21%
Price Target Summary
24 Wall Street analysts provided a forecast for the next 12 months for CHK. The average price target is 97.71 USD. This implies a price increase of 19.95% is expected in the next year compared to the current price of 81.46.
The average price target has been revised downward by 8.21% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
75.83%
CHK was analyzed by 24 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about CHK.
In the previous month the buy percentage consensus was at a similar level.
CHK was analyzed by 24 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-10-01 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-09-30 | Truist Securities | Maintains | Buy -> Buy |
| 2024-09-27 | Roth MKM | Initiate | Buy |
| 2024-09-18 | UBS | Maintains | Neutral -> Neutral |
| 2024-09-16 | Mizuho | Maintains | Outperform -> Outperform |
| 2024-08-20 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2024-07-30 | Stephens & Co. | Maintains | Equal-Weight -> Equal-Weight |
| 2024-07-22 | Truist Securities | Maintains | Buy -> Buy |
| 2024-07-18 | Wolfe Research | Reiterate | Outperform |
| 2024-06-27 | Keybanc | Initiate | Sector Weight |
| 2024-05-13 | Mizuho | Maintains | Buy -> Buy |
| 2024-05-02 | Benchmark | Maintains | Buy -> Buy |
| 2024-05-01 | Mizuho | Maintains | Buy -> Buy |
| 2024-05-01 | Stephens & Co. | Maintains | Equal-Weight -> Equal-Weight |
| 2024-04-11 | Mizuho | Maintains | Buy -> Buy |
| 2024-04-11 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2024-04-10 | UBS | Maintains | Neutral -> Neutral |
| 2024-04-10 | Barclays | Initiate | Equal-Weight |
| 2024-04-10 | Jefferies | Maintains | Buy -> Buy |
| 2024-04-09 | Benchmark | Maintains | Buy -> Buy |
| 2024-04-05 | Truist Securities | Maintains | Buy -> Buy |
| 2024-04-04 | Keybanc | Initiate | Sector Weight |
| 2024-03-06 | Mizuho | Reiterate | Buy -> Buy |
| 2024-01-18 | UBS | Maintains | Neutral -> Neutral |
| 2024-01-12 | Mizuho | Upgrade | Neutral -> Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateOct 29, 2024
PeriodQ3 / 2024
EPS Estimate$0.08
Revenue Estimate722M
Revenue Q2Q-52.25%
EPS Q2Q-92.71%
Number of Analysts20
Next Earnings Revisions
Revenue (1 Month)
-5.86%
Revenue (3 Months)
-17.02%
EPS (1 Month)
-60.96%
EPS (3 Months)
-69.49%
Next Earnings Summary
CHK is expected to report earnings on 10/29/2024. The consensus EPS estimate for the next earnings is 0.08 USD and the consensus revenue estimate is 722.00M USD.
The next earnings revenue estimate has been revised downward by 17.02% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 5.792B 9.99% | 11.443B 97.57% | 7.775B -32.05% | 3.631B -53.30% | 9.206B 153.54% | 10.931B 18.74% | N/A | |
| EBITDA YoY % growth | 1.715B 17.39% | 5.302B 209.15% | 3.74B -29.46% | 1.982B -47.01% | 4.527B 128.41% | 5.506B 21.63% | 7.952B 44.42% | |
| EBIT YoY % growth | 724M 98.90% | 3.549B 390.19% | 2.213B -37.64% | 192.39M -91.31% | 1.457B 657.32% | 2.521B 73.03% | 4.126B 63.67% | |
| Operating Margin | 12.50% | 31.01% | 28.46% | 5.30% | 15.83% | 23.06% | N/A | |
| EPS YoY % growth | 20.90 8,722.11% | 17.24 -17.51% | 4.91 -71.52% | 1.27 -74.18% | 5.11 303.40% | 8.12 58.77% | 13.00 60.07% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.08 -92.71% | 0.58 -55.72% | 1.73 209.76% | 0.92 9,072.82% | 1.18 1,386.84% | 2.10 261.56% | 3.09 77.89% | 1.85 101.35% | 2.22 88.11% | 2.67 27.09% |
| Revenue Q2Q % growth | 722M -52.25% | 1.301B -33.21% | 2.676B 147.55% | 2.467B 388.51% | 2.656B 267.87% | 3.047B 134.20% | 3.279B 22.53% | 2.874B 16.50% | 3.001B 12.99% | 3.141B 3.09% |
| EBITDA Q2Q % growth | 389.48M -68.26% | 690.97M -67.35% | 1.313B 210.40% | 1.194B 151.90% | 1.28B 228.64% | 1.579B 128.52% | 1.825B 38.99% | 1.514B 26.80% | 1.597B 24.77% | 1.731B 9.63% |
| EBIT Q2Q % growth | -3.788M -104.79% | 153.38M -73.96% | 638.55M 2,560.63% | 383.21M 240.37% | 482.44M 12,837.01% | 789.61M 414.81% | 997.06M 56.14% | 580.85M 51.57% | 674.69M 39.85% | 793.43M 0.48% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
18.26%
EPS Next 5 Year
27.56%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
19.77%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
38.42%
EBIT Next 5 Year
39.90%
CHESAPEAKE ENERGY CORP / CHK Forecast FAQ
What is the average price target for CHESAPEAKE ENERGY CORP (CHK) stock?
24 analysts have analysed CHK and the average price target is 97.71 USD. This implies a price increase of 19.95% is expected in the next year compared to the current price of 81.46.
Can you provide the upcoming earnings date for CHESAPEAKE ENERGY CORP?
CHESAPEAKE ENERGY CORP (CHK) will report earnings on 2024-10-29, after the market close.
What are the consensus estimates for CHK stock next earnings?
The consensus EPS estimate for the next earnings of CHESAPEAKE ENERGY CORP (CHK) is 0.08 USD and the consensus revenue estimate is 722.00M USD.
What is the number of analysts for CHK stock?
The number of analysts covering CHESAPEAKE ENERGY CORP (CHK) is 24.