CHDN stock slips after a strong second quarter
Published on 09/02/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Churchill Downs Incorporated stock (ISIN US1714841087) traded at USD 86.65 on September 1, 2026, after the company reported second-quarter 2026 revenue of USD 980.0 million and adjusted EPS of USD 3.45. The figure matched consensus on EPS and came in slightly above revenue expectations, according to the MarketBeat earnings summary.
Second quarter in numbers
MarketBeat also showed the shares down 0.95 percent on the day and 23.84 percent year to date on September 1, 2026. The same summary put the average analyst price target at USD 136.88, with Susquehanna lifting its objective from USD 121.00 to USD 124.00 in a July 31 research note.
That leaves the stock below the average target by USD 50.23, a gap of 36.7 percent from the quoted target level. For investors, the contrast between a stable quarterly EPS print and a lower share price is the key tension.
Analysts stay active
Wolfe Research also moved on the name, with Zonebourse reporting an upgrade to buy on September 2, 2026. The same source showed a last close of USD 86.65 and a 5-day change of minus 2.28 percent.
Reuters did not appear in the search set, but the live market summaries still point to active coverage around the stock. The emphasis now sits on whether the next quarter can convert the USD 980.0 million revenue base into a stronger share-price reaction.
Latest Churchill Downs filing and market view
Quarterly revenue, EPS and analyst targets are the main numbers shaping the current CHDN debate.
Racing and gaming base
The company operates Churchill Downs Racetrack, casino properties and online wagering businesses, which makes the second-quarter revenue figure especially relevant for the broader earnings path. Zonebourse said the company published results for the second quarter and first half ended June 30, 2026.
Price and setup
As of September 1, 2026, the stock closed at USD 86.65 on Nasdaq. MarketBeat showed a consensus price target of USD 136.88 and a 2026 earnings estimate of USD 7.14 per share.
CHDN fact box
- Company: Churchill Downs Incorporated
- ISIN: US1714841087
- Ticker: CHDN
- Trading venue: Nasdaq
- Price (as of September 1, 2026): USD 86.65
- Sector / Industry: Consumer Discretionary / Hotels, Restaurants and Leisure
- Index membership: Russell 2000
