Bally's (BALY) Stock Forecast, Price Target & Predictions
BALY Stock Forecast
Bally's stock forecast is as follows: an average price target of $18.10 (represents a 1.34% upside from BALY’s last price of $17.86) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
BALY Price Target
The average price target for Bally's (BALY) is $18.10 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $13.00. This represents a potential 1.34% upside from BALY's last price of $17.86.
BALY Analyst Ratings
According to 5 Wall Street analysts, Bally's's rating consensus is 'Hold'. The analyst rating breakdown for BALY stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Bally's Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 01, 2024 | Brandt Montour | Barclays | $18.00 | $17.23 | 4.47% | 0.78% |
| Jul 29, 2024 | Daniel Politzer | Wells Fargo | $18.25 | $17.08 | 6.84% | 2.18% |
| Jul 25, 2024 | Barry Jonas | Truist Financial | $18.25 | $16.95 | 7.67% | 2.18% |
| Apr 21, 2024 | David Katz | Jefferies | $13.00 | $14.50 | -10.34% | -27.21% |
| Oct 05, 2022 | Carlo Santarelli | Deutsche Bank | $23.00 | $22.46 | 2.40% | 28.78% |
| Apr 19, 2022 | - | Truist Financial | $38.00 | $31.49 | 20.67% | 112.77% |
The latest Bally's stock forecast, released on Aug 01, 2024 by Brandt Montour from Barclays, set a price target of $18.00, which represents a 4.47% increase from the stock price at the time of the forecast ($17.23), and a 0.78% increase from BALY last price ($17.86).
Bally's Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $16.88 |
| Last Closing Price | $17.86 | $17.86 | $17.86 |
| Upside/Downside | -100.00% | -100.00% | -5.49% |
In the current month, the average price target of Bally's stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bally's's last price of $17.86. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 18, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 05, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 01, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 01, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 29, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| Jul 25, 2024 | Cowen & Co. | - | Hold | Downgrade |
| Jul 15, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Apr 21, 2024 | Jefferies | Hold | Hold | Hold |
| Jan 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 05, 2022 | Deutsche Bank | - | Hold | Initialise |
Bally's's last stock rating was published by Cowen & Co. on Sep 18, 2024. The company gave BALY a "Hold" rating, the same as its previous rate.
Bally's Financial Forecast
Bally's Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $611.67M | $632.48M | $606.21M | $598.72M | $576.69M | $578.25M | $552.50M | $548.27M | $547.66M | $314.78M | $267.73M | $192.27M | $118.10M | $116.62M | $28.92M | $109.15M | $130.42M | $129.31M |
| Avg Forecast | $681.99M | $689.99M | $676.14M | $672.41M | $624.75M | $643.01M | $636.29M | $622.52M | $616.21M | $652.14M | $641.17M | $627.25M | $623.32M | $634.49M | $608.67M | $596.43M | $573.92M | $570.32M | $596.74M | $573.95M | $586.66M | $315.61M | $242.19M | $171.72M | $122.98M | $107.56M | $17.46M | $130.45M | $130.79M | $130.86M |
| High Forecast | $712.21M | $720.56M | $706.10M | $702.20M | $652.43M | $671.50M | $664.48M | $641.99M | $643.57M | $653.65M | $641.17M | $627.91M | $641.41M | $673.14M | $635.63M | $622.85M | $599.34M | $570.32M | $596.74M | $573.95M | $586.66M | $315.61M | $242.19M | $171.72M | $122.98M | $107.56M | $17.46M | $130.45M | $130.79M | $130.86M |
| Low Forecast | $653.82M | $661.49M | $648.22M | $644.64M | $598.95M | $616.45M | $610.01M | $603.06M | $600.68M | $650.62M | $641.17M | $626.60M | $601.22M | $617.55M | $583.53M | $571.79M | $550.21M | $570.32M | $596.74M | $573.95M | $586.66M | $315.61M | $242.19M | $171.72M | $122.98M | $107.56M | $17.46M | $130.45M | $130.79M | $130.86M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 1.00% | 1.00% | 1.00% | 1.01% | 0.93% | 0.96% | 0.93% | 1.00% | 1.11% | 1.12% | 0.96% | 1.08% | 1.66% | 0.84% | 1.00% | 0.99% |
Bally's's average Quarter revenue forecast for Mar 24 based on 4 analysts is $627.25M, with a low forecast of $626.60M, and a high forecast of $627.91M. BALY's average Quarter revenue forecast represents a 2.55% increase compared to the company's last Quarter revenue of $611.67M (Dec 23).
Bally's EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-56.60M | $130.25M | $-42.21M | $79.72M | $82.65M | $137.38M | $145.23M | $126.55M | $-20.94M | $45.79M | $145.72M | $18.21M | $-1.39M | $33.72M | $-11.45M | $6.21M | $38.45M | $30.84M |
| Avg Forecast | $91.03M | $92.10M | $90.25M | $89.75M | $83.39M | $85.83M | $84.93M | $83.10M | $82.25M | $87.05M | $85.58M | $200.32M | $83.20M | $84.69M | $81.25M | $214.25M | $-82.91M | $102.56M | $107.31M | $229.15M | $105.49M | $56.75M | $43.55M | $47.23M | $22.11M | $19.34M | $3.14M | $17.70M | $23.52M | $23.53M |
| High Forecast | $95.07M | $96.18M | $94.25M | $93.73M | $87.09M | $89.63M | $88.70M | $85.69M | $85.90M | $87.25M | $85.58M | $240.39M | $85.62M | $89.85M | $84.85M | $257.10M | $-66.33M | $102.56M | $107.31M | $274.97M | $105.49M | $56.75M | $43.55M | $56.68M | $22.11M | $19.34M | $3.14M | $21.23M | $23.52M | $23.53M |
| Low Forecast | $87.27M | $88.30M | $86.53M | $86.05M | $79.95M | $82.29M | $81.43M | $80.50M | $80.18M | $86.85M | $85.58M | $160.26M | $80.25M | $82.43M | $77.89M | $171.40M | $-99.49M | $102.56M | $107.31M | $183.32M | $105.49M | $56.75M | $43.55M | $37.79M | $22.11M | $19.34M | $3.14M | $14.16M | $23.52M | $23.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.68% | 1.54% | -0.52% | 0.37% | -1.00% | 1.34% | 1.35% | 0.55% | -0.20% | 0.81% | 3.35% | 0.39% | -0.06% | 1.74% | -3.65% | 0.35% | 1.63% | 1.31% |
5 analysts predict BALY's average Quarter EBITDA for Dec 23 to be $83.20M, with a high of $85.62M and a low of $80.25M. This is -36.12% lower than Bally's's previous annual EBITDA (Sep 23) of $130.25M.
Bally's Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-263.49M | $-61.80M | $-25.65M | $178.34M | $-487.53M | $593.00K | $59.50M | $1.89M | $-115.29M | $-14.75M | $68.94M | $-10.71M | $20.22M | $6.72M | $-23.55M | $-8.88M | $13.36M | $7.00M |
| Avg Forecast | $-41.75M | $-7.90M | $-15.01M | $-31.35M | $-36.97M | $-17.10M | $-18.99M | $-51.52M | $-32.07M | $-12.70M | $-78.85M | $3.13M | $-26.94M | $-5.83M | $-9.09M | $3.34M | $-456.54M | $13.62M | $6.93M | $3.58M | $24.90M | $21.26M | $36.37M | $-27.77M | $-3.76M | $8.97M | $-49.79M | $-25.30M | $19.08M | $17.94M |
| High Forecast | $-39.51M | $-7.47M | $-14.21M | $-29.67M | $-34.98M | $-16.18M | $-17.97M | $-26.61M | $-20.33M | $-12.02M | $-74.61M | $3.75M | $-25.96M | $8.01M | $-8.60M | $4.01M | $-365.24M | $13.62M | $6.93M | $4.29M | $24.90M | $21.26M | $36.37M | $-22.22M | $-3.76M | $8.97M | $-49.79M | $-20.24M | $19.08M | $17.94M |
| Low Forecast | $-44.16M | $-8.35M | $-15.88M | $-33.15M | $-39.10M | $-18.09M | $-20.08M | $-76.42M | $-43.81M | $-13.44M | $-83.39M | $2.50M | $-29.39M | $-24.77M | $-9.61M | $2.67M | $-547.85M | $13.62M | $6.93M | $2.86M | $24.90M | $21.26M | $36.37M | $-33.32M | $-3.76M | $8.97M | $-49.79M | $-30.36M | $19.08M | $17.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 9.78% | 10.60% | 2.82% | 53.34% | 1.07% | 0.04% | 8.59% | 0.53% | -4.63% | -0.69% | 1.90% | 0.39% | -5.38% | 0.75% | 0.47% | 0.35% | 0.70% | 0.39% |
Bally's's average Quarter net income forecast for Jun 23 is $-9.09M, with a range of $-9.61M to $-8.60M. BALY's average Quarter net income forecast represents a -105.10% decrease compared to the company's last Quarter net income of $178.34M (Mar 23).
Bally's SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $391.48M | $230.58M | $249.96M | $251.61M | $245.91M | $191.95M | $181.71M | $181.62M | $189.46M | $142.91M | $101.21M | $80.50M | $61.07M | $44.40M | $24.11M | $51.54M | $46.70M | $52.26M |
| Avg Forecast | $273.41M | $276.62M | $271.07M | $269.57M | $250.46M | $257.78M | $255.09M | $249.57M | $247.04M | $261.44M | $257.05M | $300.57M | $249.89M | $254.37M | $244.02M | $321.47M | $230.08M | $224.43M | $234.82M | $343.82M | $230.86M | $124.19M | $95.31M | $67.58M | $48.39M | $42.33M | $6.87M | $51.33M | $51.47M | $51.49M |
| High Forecast | $285.52M | $288.88M | $283.08M | $281.52M | $261.56M | $269.21M | $266.39M | $257.37M | $258.01M | $262.05M | $257.05M | $360.69M | $257.14M | $269.86M | $254.83M | $385.76M | $240.28M | $224.43M | $234.82M | $412.58M | $230.86M | $124.19M | $95.31M | $67.58M | $48.39M | $42.33M | $6.87M | $51.33M | $51.47M | $51.49M |
| Low Forecast | $262.12M | $265.19M | $259.87M | $258.44M | $240.12M | $247.14M | $244.55M | $241.77M | $240.81M | $260.83M | $257.05M | $240.46M | $241.03M | $247.58M | $233.94M | $257.18M | $220.58M | $224.43M | $234.82M | $275.05M | $230.86M | $124.19M | $95.31M | $67.58M | $48.39M | $42.33M | $6.87M | $51.33M | $51.47M | $51.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 0.91% | 1.02% | 0.78% | 1.07% | 0.86% | 0.77% | 0.53% | 0.82% | 1.15% | 1.06% | 1.19% | 1.26% | 1.05% | 3.51% | 1.00% | 0.91% | 1.01% |
Bally's's average Quarter SG&A projection for Mar 24 is $300.57M, based on 4 Wall Street analysts, with a range of $240.46M to $360.69M. The forecast indicates a -23.22% fall compared to BALY last annual SG&A of $391.48M (Dec 23).
Bally's EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-5.11 | $-1.15 | $-0.48 | $3.28 | $-8.87 | $0.01 | $0.98 | $0.03 | $-1.87 | $-0.30 | $1.43 | $-0.30 | $0.62 | $0.22 | $-0.77 | $-0.28 | $0.40 | $0.19 |
| Avg Forecast | $-0.86 | $-0.16 | $-0.31 | $-0.65 | $-0.76 | $-0.35 | $-0.39 | $-1.06 | $-0.66 | $-0.26 | $-1.62 | $-0.97 | $-0.55 | $-0.12 | $-0.19 | $-0.32 | $-0.04 | $0.28 | $0.14 | $-0.40 | $0.51 | $0.44 | $0.75 | $0.28 | $-0.08 | $0.18 | $-1.03 | $0.24 | $0.39 | $0.37 |
| High Forecast | $-0.81 | $-0.15 | $-0.29 | $-0.61 | $-0.72 | $-0.33 | $-0.37 | $-0.55 | $-0.42 | $-0.25 | $-1.54 | $-0.91 | $-0.53 | $0.16 | $-0.18 | $-0.31 | $-0.04 | $0.28 | $0.14 | $-0.40 | $0.51 | $0.44 | $0.75 | $0.28 | $-0.08 | $0.18 | $-1.03 | $0.24 | $0.39 | $0.37 |
| Low Forecast | $-0.91 | $-0.17 | $-0.33 | $-0.68 | $-0.80 | $-0.37 | $-0.41 | $-1.57 | $-0.90 | $-0.28 | $-1.72 | $-1.02 | $-0.60 | $-0.51 | $-0.20 | $-0.34 | $-0.04 | $0.28 | $0.14 | $-0.40 | $0.51 | $0.44 | $0.75 | $0.28 | $-0.08 | $0.18 | $-1.03 | $0.24 | $0.39 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 9.22% | 9.59% | 2.57% | -10.14% | 225.51% | 0.04% | 6.86% | -0.08% | -3.64% | -0.68% | 1.91% | -1.05% | -8.00% | 1.19% | 0.75% | -1.18% | 1.02% | 0.51% |
According to 5 Wall Street analysts, Bally's's projected average Quarter EPS for Jun 23 is $-0.19, with a low estimate of $-0.20 and a high estimate of $-0.18. This represents a -105.70% decrease compared to BALY previous annual EPS of $3.28 (Mar 23).
Bally's Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FLL | Full House Resorts | $4.70 | $13.00 | 176.60% | Buy |
| CNTY | Century Casinos | $4.25 | $9.00 | 111.76% | Buy |
| PENN | PENN Entertainment | $20.32 | $40.09 | 97.29% | Buy |
| MLCO | Melco Resorts & Entertainment | $5.98 | $10.06 | 68.23% | Buy |
| MGM | MGM Resorts | $37.27 | $51.63 | 38.53% | Buy |
| RRR | Red Rock Resorts | $49.52 | $62.29 | 25.79% | Buy |
| HGV | Hilton Grand Vacations | $40.81 | $51.20 | 25.46% | Buy |
| WYNN | Wynn Resorts | $91.25 | $112.61 | 23.41% | Buy |
| GDEN | Golden Entertainment | $33.20 | $39.20 | 18.07% | Buy |
| LVS | Las Vegas Sands | $49.18 | $57.53 | 16.98% | Buy |
| MCRI | Monarch Casino & Resort | $82.87 | $84.00 | 1.36% | Hold |
| BALY | Bally's | $17.86 | $18.10 | 1.34% | Hold |
| BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |