The analysts covering Chord Energy Corporation (NASDAQ:CHRD) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business.

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After the downgrade, the consensus from Chord Energy's ten analysts is for revenues of US$4.0b in 2025, which would reflect a sizeable 21% decline in sales compared to the last year of performance. Statutory earnings per share are supposed to tumble 37% to US$9.40 in the same period. Prior to this update, the analysts had been forecasting revenues of US$4.6b and earnings per share (EPS) of US$10.82 in 2025. Indeed, we can see that the analysts are a lot more bearish about Chord Energy's prospects, administering a substantial drop in revenue estimates and slashing their EPS estimates to boot.

Check out our latest analysis for Chord Energy NasdaqGS:CHRD Earnings and Revenue Growth May 10th 2025

Despite the cuts to forecast earnings, there was no real change to the US$134 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that sales are expected to reverse, with a forecast 27% annualised revenue decline to the end of 2025. That is a notable change from historical growth of 31% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.5% per year. It's pretty clear that Chord Energy's revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales slower than the wider market. We're also surprised to see that the price target went unchanged. Still, deteriorating business conditions (assuming accurate forecasts!) can be a leading indicator for the stock price, so we wouldn't blame investors for being more cautious on Chord Energy after the downgrade.

Story Continues

That said, the analysts might have good reason to be negative on Chord Energy, given major dilution from new stock issuance in the past year. Learn more, and discover the 1 other flag we've identified, for free  on our platform here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.