CHDN Stock Summary and Trading Ideas (Churchill Downs | NASDAQ:CHDN)

Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

Churchill Downs trades on the NASDAQ stock market under the symbol CHDN.

As of January 9, 2026, CHDN stock price declined to $108.24 with 805,453 million shares trading.

CHDN has a beta of 0.55, meaning it tends to be less sensitive to market movements. CHDN has a correlation of 0.10 to the broad based SPY ETF.

CHDN has a market cap of $7.55 billion. This is considered a Mid Cap stock.

Last quarter Churchill Downs reported $683 million in Revenue and $1.09 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.11.

In the last 3 years, CHDN traded as high as $150.45 and as low as $85.58.

The top ETF exchange traded funds that CHDN belongs to (by Net Assets): IJH, VTI, VB, VBK, VXF.

CHDN has underperformed the market in the last year with a price return of -15.8% while the SPY ETF gained +19.0%. However, in the short term, CHDN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.3% vs +3.7% return in SPY. But in the last 2 weeks, CHDN shares have been beat by the market, returning -5.5% compared to an SPY return of +0.5%.

CHDN support price is $109.85 and resistance is $113.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHDN shares will trade within this expected range on the day.