18.5% Below Target

Chord Energy Corporation (CHRD) has a consensus 12-month price target of $145.9, implying 18.5% upside from $123.12. The 19 analysts covering CHRD see moderate appreciation potential.

CHRD has a consensus rating of "Buy" based on 19 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $145.9 implies 18.5% upside from current levels.

With a forward P/E of 5.7081x, CHRD trades at a relatively low valuation. The consensus target of $145.9 implies 18.5% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $189 for CHRD, while the most conservative target is $99. The consensus of $145.9 represents the median expectation. Our quantitative valuation model projects a bull case target of $533 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CHRD is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 3 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CHRD stock forecast based on 19 Wall Street analysts shows a consensus price target of $145.9, with estimates ranging from $99 (bear case) to $189 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $404, with bear/bull scenarios of $255/$533.

Our quantitative valuation model calculates CHRD's fair value at $404 (base case), with a bear case of $255 and bull case of $533. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.

CHRD trades at a forward P/E ratio of 5.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 166.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on CHRD, with a "Buy" consensus rating and $145.9 price target (18.5% upside). 14 of 19 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CHRD analyst price targets range from $99 to $189, a 62% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $145.9 consensus represents the middle ground. Our model's $255-$533 range provides an independent fundamental perspective.