Citizens lowers target for Churchill Downs stock to USD 131.00
Published on 10/15/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citizens lowered its Churchill Downs target from USD 137.00 to USD 131.00 on October 13, 2026.
- Churchill Downs scheduled its third-quarter 2026 results call for October 29, 2026.
- Churchill Downs stock costs EUR 73.50 at Lang & Schwarz on October 15, 2026 at 8:34 p.m. CEST.
- Churchill Downs had a USD 5.7 billion market capitalization and a P/E ratio of 14.17 on October 15, 2026.
Citizens lowered its Churchill Downs target from USD 137.00 to USD 131.00 on October 13, 2026, while maintaining a Market Outperform rating, according to Investing.com. The revised target stands 58.86 percent above the USD 82.46 Nasdaq price on October 15, 2026 at 2:36 p.m. ET. Churchill Downs stock was trading at EUR 73.50 at Lang & Schwarz on October 15, 2026 at 8:34 p.m. CEST.
October 29 results date
Churchill Downs has scheduled its third-quarter 2026 results conference call for October 29, 2026 at 9:00 a.m. EDT, according to the company's investor-relations page. The date gives the market a defined checkpoint after the recent target reduction and keeps the next reported period ahead of the calendar year-end.
USD 73.08 to USD 118.35 range
The Nasdaq quote of USD 82.46 leaves the stock 12.83 percent above its 52-week low of USD 73.08 and 30.33 percent below its 52-week high of USD 118.35, both as of October 15, 2026. The same quote showed a market capitalization of USD 5.7 billion and a trading volume of 498,680 shares, compared with an average volume of 1,096,360 shares.
Churchill Downs operates racetracks, casinos, historical racing venues and online wagering businesses. Its investor-relations page identifies the company as Nasdaq-listed CHDN and describes the Kentucky Derby racetrack as its flagship asset.
Valuation and market comparison
The stock's P/E ratio was 14.17 and its trailing dividend yield was 0.01 percent on October 15, 2026. Citizens' revised valuation used 10.3 times estimated 2027 EBITDA, down from 10.5 times, and 11.5 times estimated free cash flow, up from 11.3 times, according to Investing.com.
Comparison with peers
CHDN (Nasdaq, USD): P/E 14.17, market capitalization USD 5.7 billion
PENN (Nasdaq, USD): plus 4.34 percent, P/E minus 2.38, market capitalization USD 2.0 billion
DKNG (Nasdaq, USD): plus 1.18 percent, P/E minus 59.64, market capitalization USD 9.5 billion
Price and upcoming date
Citizens' target reduction leaves a wide gap between the analyst's USD 131.00 objective and the latest Nasdaq quote, while the October 29 results call is the next scheduled company date. The euro quotation from Lang & Schwarz stood at EUR 73.50 on October 15, 2026 at 8:34 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Churchill Downs stock.
Churchill Downs market data
- Company: Churchill Downs Incorporated
- ISIN: US1714841087
- Ticker: CHDN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 8:34 p.m. CEST): EUR 73.50
- Market capitalization: USD 5.7 billion (as of October 15, 2026)
- 52-week range: USD 73.08-118.35 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Gambling
- Next earnings date: October 29, 2026
Market context: Market report Nasdaq Composite.
