Chesapeake Energy (CHK) Stock Forecast & Price Target

$80.60

+0.29 (+0.36%)

(As of 12/1/2023 ET)

Today's Range: $79.80
▼
$81.15
50-Day Range: $79.09
▼
$89.59
52-Week Range: $69.68
▼
$104.32

Volume: 1.25 million shs
Average Volume: 1.47 million shs
Market Capitalization: $10.56 billion

P/E Ratio: 2.19
Dividend Yield: 2.85%
Price Target: $109.73

Chesapeake Energy Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$109.73
36.14% Upside

High Forecast	$147.00
Average Forecast	$109.73
Low Forecast	$88.00

Type	Current Forecast 12/2/22 to 12/2/23	1 Month Ago 11/2/22 to 11/2/23	3 Months Ago 9/3/22 to 9/3/23	1 Year Ago 12/2/21 to 12/2/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)	12 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$109.73	$109.64	$109.00	$113.67
Predicted Upside	36.14% Upside	30.07% Upside	28.76% Upside	35.85% Upside

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CHK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Chesapeake Energy Stock vs. The Competition

Type	Chesapeake Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.60	2.57	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	36.14% Upside	440.90% Upside	2,867.40% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/22/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$89.00 ➝ $88.00	+6.85%
11/3/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$110.00 ➝ $112.00	+26.27%
10/18/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$107.00 ➝ $93.00	+4.64%
9/27/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$144.00 ➝ $147.00	+76.94%
8/17/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$102.00 ➝ $106.00	+28.36%
8/16/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$97.00 ➝ $96.00	+15.84%
Get the Latest News and Ratings for CHK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Chesapeake Energy and its competitors with MarketBeat's FREE daily newsletter.
4/24/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$91.00	+10.34%
3/16/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform	$125.00	+70.65%
3/10/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$155.00 ➝ $129.00	+68.56%
2/8/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$90.00	+5.77%
1/19/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$135.00 ➝ $130.00	+46.36%

(Data available from 12/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CHK Price Target - Frequently Asked Questions

What is Chesapeake Energy's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for Chesapeake Energy stock is Moderate Buy based on the current 4 hold ratings and 6 buy ratings for CHK. The average twelve-month price prediction for Chesapeake Energy is $109.73 with a high price target of $147.00 and a low price target of $88.00. Learn more on CHK's analyst rating history.
Do Wall Street analysts like Chesapeake Energy more than its competitors?: Analysts like Chesapeake Energy more than other Oils/Energy companies. The consensus rating score for Chesapeake Energy is 2.60 while the average consensus rating score for oils/energy companies is 2.56. Learn more on how CHK compares to other companies.
Does Chesapeake Energy's stock price have much upside?: According to analysts, Chesapeake Energy's stock has a predicted upside of 31.01% based on their 12-month stock forecasts.

What analysts cover Chesapeake Energy?: Chesapeake Energy has been rated by Bank of America, Benchmark, Truist Financial, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:CHK) was last updated on 12/2/2023 by MarketBeat.com Staff

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