UBS Downgrades PT to $130, Maintains Buy Rating

UBS Downgrades PT to $130, Maintains Buy Rating

UBS Group has downgraded its price target for Chord Energy (NASDAQ: CHRD) to $130, while maintaining a "buy" rating on the stock. This adjustment comes after the company's latest earnings release, where it reported a quarterly revenue of $1.18 billion and a net profit of $1.79 EPS, slightly missing analysts' consensus estimates [1]. UBS's move indicates a potential downside of 17.90% from the company's previous close.

Chord Energy operates as an independent exploration and production company in the United States, focusing on crude oil, natural gas, and natural gas liquids in the Williston Basin. The company's stock has been the subject of various analyst reports, with a consensus rating of "Moderate Buy" and a price target of $148.38 [1]. UBS Group's latest move comes amidst a mixed analyst sentiment, with several other research firms also issuing reports on CHRD. Bank of America, Piper Sandler, Wells Fargo & Company, Citigroup, and Mizuho have all recently adjusted their price targets and ratings for Chord Energy [1]. Additionally, institutional investors have shown interest in the stock, with several significant increases in holdings reported [1].

As Chord Energy continues to operate in the energy sector, which is subject to market volatility, investors should closely monitor the company's performance and the broader market trends. The recent earnings report and UBS's updated price target provide valuable insights for investors considering CHRD as part of their portfolio.

References:
[1] https://www.marketbeat.com/instant-alerts/ubs-group-issues-positive-forecast-for-chord-energy-nasdaqchrd-stock-price-2025-08-12/