Analyst Price Target is $29.67
▲ +12.50% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for ChampionX in the last 3 months. The average price target is $29.67, with a high forecast of $34.00 and a low forecast of $22.00. The average price target represents a 12.50% upside from the last price of $26.37.
Current Consensus is
Buy
The current consensus among 6 polled investment analysts is to buy stock in ChampionX. This rating has held steady since August 2022, when it changed from a Hold consensus rating.
ChampionX Corp. engages in the provision of chemistry programs and services for global upstream oil and natural gas industry. It operates under the following segments: Production Chemical Technologies, Production and Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers products and services that cover a broad range of onshore and offshore chemical solutions in production and midstream operations. The Production and Automation Technologies focuses on offering products, technologies, and services that facilitate the safe, efficient, and cost-effective extraction of oil and gas through artificial lift and digital automation applications. The Drilling Technologies provides polycrystalline diamond cutter (“PDC“) inserts, bearings, valves, and mining tools. The Reservoir Chemical Technologies consists of the provision of chemistry-oriented solutions and technologies. The company was founded in 1928 and is headquartered in The Woodlands, TX.
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