Churchill Downs (CHDN) News Today

Churchill Downs, Incorporated (NASDAQ: CHDN) saw its stock gain momentum today following a series of favorable analyst actions and solid second-quarter results, alongside several neutral developments that investors may also want to monitor.

• Positive Sentiment: Barclays PLC raised its price target on CHDN from $127 to $131 and reiterated an “overweight” rating, implying roughly 15.4% upside from current levels. Read more
• Positive Sentiment: Q2 earnings topped estimates, with EPS of $3.10 versus the $3.05 consensus, a 15.19% net margin and a 40.73% return on equity. Read more
• Positive Sentiment: Second-quarter sales exceeded analyst expectations, underlining revenue strength. Read more
• Neutral Sentiment: CHDN reported mixed Q2 metrics but announced an expanded share buyback program to enhance capital returns. Read more
• Neutral Sentiment: Short interest remained at zero shares with a days-to-cover ratio of 0.0, indicating minimal shorting activity.
• Neutral Sentiment: An investor note highlighted the importance of maintaining CHDN’s return on capital employed (ROCE) trajectory. Read more
• Neutral Sentiment: The full Q2 2025 earnings call transcript was released, offering detailed management commentary. Read more
• Neutral Sentiment: NBC Sports will air the 2026 Kentucky Oaks in primetime on NBC and Peacock for the first time, potentially boosting viewership of a marquee event. Read more
• Neutral Sentiment: The broadcast of the 2026 Kentucky Oaks was moved to primetime on NBC, underscoring a strategic push for greater audience reach. Read more
• Neutral Sentiment: An MSN feature detailed why CHDN stock is up, citing the Q2 beat and the higher price target. Read more