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 4.56% upside from BALY’s last price of $17.31) 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 4.56% upside from BALY's last price of $17.31.
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% | 3.99% |
| Jul 29, 2024 | Daniel Politzer | Wells Fargo | $18.25 | $17.08 | 6.84% | 5.43% |
| Jul 25, 2024 | Barry Jonas | Truist Financial | $18.25 | $16.95 | 7.67% | 5.43% |
| Apr 21, 2024 | David Katz | Jefferies | $13.00 | $14.50 | -10.34% | -24.90% |
| Oct 05, 2022 | Carlo Santarelli | Deutsche Bank | $23.00 | $22.46 | 2.40% | 32.87% |
| Apr 19, 2022 | - | Truist Financial | $38.00 | $31.49 | 20.67% | 119.53% |
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 3.99% increase from BALY last price ($17.31).
Bally's Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $18.17 | $16.88 |
| Last Closing Price | $17.31 | $17.31 | $17.31 |
| Upside/Downside | -100.00% | 4.97% | -2.48% |
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 $17.31. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Aug 05, 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 | Jul 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 | - | $548.27M | $547.66M | $314.78M | $267.73M | $192.27M | $118.10M | $116.62M | $28.92M | $109.15M | $130.42M | $129.31M |
| Avg Forecast | $716.98M | $703.98M | $701.28M | $689.82M | $659.82M | $680.05M | $664.02M | $647.39M | $637.07M | $655.06M | $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 | $742.37M | $728.91M | $726.12M | $714.25M | $683.19M | $704.13M | $687.54M | $670.32M | $659.63M | $672.78M | $663.88M | $649.47M | $641.41M | $673.14M | $630.22M | $617.55M | $594.24M | $590.52M | $596.74M | $587.53M | $600.54M | $323.08M | $247.93M | $175.79M | $125.89M | $110.11M | $17.87M | $133.54M | $133.88M | $133.96M |
| Low Forecast | $697.39M | $684.75M | $682.13M | $670.98M | $641.79M | $661.47M | $645.88M | $629.70M | $619.67M | $641.06M | $623.65M | $610.12M | $601.22M | $617.55M | $592.04M | $580.13M | $558.24M | $554.74M | $596.74M | $562.07M | $574.52M | $309.08M | $237.18M | $168.17M | $120.44M | $105.34M | $17.10M | $127.75M | $128.08M | $128.15M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 1.00% | 1.00% | 1.00% | 1.01% | - | 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 $610.12M, and a high forecast of $649.47M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-56.60M | $130.25M | $-42.21M | $79.72M | $82.65M | $137.38M | - | $126.55M | $-20.94M | $45.79M | $145.72M | $18.21M | $-1.39M | $33.72M | $-11.45M | $6.21M | $38.45M | $30.84M |
| Avg Forecast | $128.93M | $126.59M | $126.11M | $124.05M | $118.65M | $122.29M | $119.41M | $116.41M | $114.56M | $117.80M | $115.30M | $200.32M | $112.09M | $114.10M | $109.45M | $214.25M | $103.20M | $95.07M | $107.31M | $229.15M | $-88.67M | $75.16M | $183.83M | $47.23M | $22.11M | $28.39M | $-14.34M | $17.70M | $23.52M | $39.89M |
| High Forecast | $133.49M | $131.08M | $130.57M | $128.44M | $122.85M | $126.62M | $123.63M | $120.54M | $118.62M | $120.98M | $119.38M | $240.39M | $115.34M | $121.05M | $113.33M | $257.10M | $106.86M | $114.09M | $107.31M | $274.97M | $-70.94M | $90.19M | $220.60M | $56.68M | $22.64M | $34.07M | $-11.47M | $21.23M | $24.08M | $47.87M |
| Low Forecast | $125.41M | $123.13M | $122.66M | $120.66M | $115.41M | $118.95M | $116.14M | $113.23M | $111.43M | $115.28M | $112.15M | $160.26M | $108.11M | $111.05M | $106.46M | $171.40M | $100.38M | $76.06M | $107.31M | $183.32M | $-106.41M | $60.12M | $147.06M | $37.79M | $21.66M | $22.71M | $-17.20M | $14.16M | $23.03M | $31.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.50% | 1.14% | -0.39% | 0.37% | 0.80% | 1.45% | - | 0.55% | 0.24% | 0.61% | 0.79% | 0.39% | -0.06% | 1.19% | 0.80% | 0.35% | 1.63% | 0.77% |
5 analysts predict BALY's average Quarter EBITDA for Dec 23 to be $112.09M, with a high of $115.34M and a low of $108.11M. This is -13.95% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-263.49M | $-61.80M | $-25.65M | $178.34M | $-487.53M | $593.00K | - | $1.89M | $-115.29M | $-14.75M | $68.94M | $-10.71M | $20.22M | $6.72M | $-23.55M | $-8.88M | $13.36M | $7.00M |
| Avg Forecast | $-41.67M | $-7.88M | $-14.98M | $-31.29M | $-35.32M | $-6.40M | $-16.65M | $-50.56M | $-38.56M | $-10.33M | $-78.69M | $3.13M | $-26.88M | $-5.82M | $-9.07M | $3.34M | $-1.91M | $-30.62M | $6.87M | $3.58M | $-488.28M | $-24.20M | $86.97M | $-27.77M | $-4.00M | $5.66M | $-29.50M | $-25.30M | $20.29M | $9.05M |
| High Forecast | $-40.19M | $-7.60M | $-14.45M | $-30.17M | $-34.06M | $-6.17M | $-16.06M | $-48.77M | $-37.19M | $-1.82M | $-75.89M | $3.75M | $-25.91M | $8.00M | $-8.75M | $4.01M | $-1.84M | $-24.49M | $6.87M | $4.29M | $-390.63M | $-19.36M | $104.37M | $-22.22M | $-3.89M | $6.79M | $-23.60M | $-20.24M | $20.91M | $10.87M |
| Low Forecast | $-43.59M | $-8.25M | $-15.67M | $-32.73M | $-36.94M | $-6.69M | $-17.41M | $-52.89M | $-40.33M | $-19.45M | $-82.31M | $2.50M | $-29.33M | $-24.72M | $-9.49M | $2.67M | $-2.00M | $-36.74M | $6.87M | $2.86M | $-585.94M | $-29.04M | $69.58M | $-33.32M | $-4.12M | $4.53M | $-35.40M | $-30.36M | $19.74M | $7.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 9.80% | 10.62% | 2.83% | 53.34% | 255.58% | -0.02% | - | 0.53% | 0.24% | 0.61% | 0.79% | 0.39% | -5.06% | 1.19% | 0.80% | 0.35% | 0.66% | 0.77% |
Bally's's average Quarter net income forecast for Jun 23 is $-9.07M, with a range of $-9.49M to $-8.75M. BALY's average Quarter net income forecast represents a -105.09% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $391.48M | $230.58M | $249.96M | $251.61M | $245.91M | $191.95M | - | $181.62M | $189.46M | $142.91M | $101.21M | $80.50M | $61.07M | $44.40M | $24.11M | $51.54M | $46.70M | $52.26M |
| Avg Forecast | $282.14M | $277.02M | $275.96M | $271.45M | $259.65M | $267.61M | $261.30M | $254.75M | $250.69M | $257.77M | $252.31M | $300.57M | $245.28M | $249.68M | $239.52M | $321.47M | $225.84M | $296.68M | $234.82M | $343.82M | $230.86M | $234.53M | $127.68M | $67.58M | $48.39M | $37.39M | $6.87M | $51.33M | $51.47M | $67.62M |
| High Forecast | $292.13M | $286.84M | $285.74M | $281.07M | $268.84M | $277.08M | $270.55M | $263.78M | $259.57M | $264.74M | $261.24M | $360.69M | $252.40M | $264.89M | $248.00M | $385.76M | $233.84M | $356.02M | $234.82M | $412.58M | $236.32M | $281.44M | $153.22M | $69.17M | $49.54M | $44.87M | $7.03M | $52.55M | $52.68M | $81.14M |
| Low Forecast | $274.43M | $269.46M | $268.42M | $264.04M | $252.55M | $260.30M | $254.16M | $247.80M | $243.85M | $252.27M | $245.41M | $240.46M | $236.59M | $243.01M | $232.97M | $257.18M | $219.67M | $237.35M | $234.82M | $275.05M | $226.08M | $187.63M | $102.15M | $66.18M | $47.39M | $29.91M | $6.73M | $50.27M | $50.40M | $54.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.60% | 0.92% | 1.04% | 0.78% | 1.09% | 0.65% | - | 0.53% | 0.82% | 0.61% | 0.79% | 1.19% | 1.26% | 1.19% | 3.51% | 1.00% | 0.91% | 0.77% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-5.11 | $-1.15 | $-0.48 | $3.28 | $-8.87 | $0.01 | - | $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 | $-0.73 | $-0.13 | $-0.34 | $-1.04 | $-0.80 | $-0.21 | $-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 | $-0.83 | $-0.16 | $-0.30 | $-0.62 | $-0.70 | $-0.13 | $-0.33 | $-1.01 | $-0.77 | $-0.04 | $-1.56 | $-0.93 | $-0.53 | $0.16 | $-0.18 | $-0.31 | $-0.04 | $0.29 | $0.14 | $-0.39 | $0.53 | $0.45 | $0.77 | $0.29 | $-0.08 | $0.19 | $-1.00 | $0.24 | $0.41 | $0.38 |
| Low Forecast | $-0.90 | $-0.17 | $-0.32 | $-0.67 | $-0.76 | $-0.14 | $-0.36 | $-1.09 | $-0.83 | $-0.40 | $-1.70 | $-1.01 | $-0.60 | $-0.51 | $-0.20 | $-0.34 | $-0.04 | $0.27 | $0.14 | $-0.41 | $0.50 | $0.43 | $0.73 | $0.28 | $-0.08 | $0.18 | $-1.06 | $0.23 | $0.38 | $0.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 9.22% | 9.59% | 2.57% | -10.14% | 225.51% | 0.04% | - | -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 |
|---|---|---|---|---|---|
| CNTY | Century Casinos | $2.57 | $13.00 | 405.84% | Buy |
| FLL | Full House Resorts | $5.08 | $13.00 | 155.91% | Buy |
| PENN | PENN Entertainment | $19.90 | $41.32 | 107.64% | Buy |
| MLCO | Melco Resorts & Entertainment | $5.71 | $9.72 | 70.23% | Buy |
| HGV | Hilton Grand Vacations | $36.93 | $56.25 | 52.32% | Buy |
| MGM | MGM Resorts | $36.51 | $52.84 | 44.73% | Buy |
| LVS | Las Vegas Sands | $40.02 | $57.00 | 42.43% | Buy |
| WYNN | Wynn Resorts | $78.46 | $109.82 | 39.97% | Buy |
| GDEN | Golden Entertainment | $32.58 | $41.00 | 25.84% | Buy |
| MCRI | Monarch Casino & Resort | $75.36 | $84.00 | 11.46% | Hold |
| RRR | Red Rock Resorts | $54.20 | $60.29 | 11.24% | Buy |
| BALY | Bally's | $17.31 | $18.10 | 4.56% | Hold |
| BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |
BALY Forecast FAQ
Is Bally's a good buy?
No, according to 5 Wall Street analysts, Bally's (BALY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of BALY's total ratings.
What is BALY's price target?
Bally's (BALY) average price target is $18.1 with a range of $13 to $23, implying a 4.56% from its last price of $17.31. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Bally's stock go up soon?
According to Wall Street analysts' prediction for BALY stock, the company can go up by 4.56% (from the last price of $17.31 to the average price target of $18.1), up by 32.87% based on the highest stock price target, and down by -24.90% based on the lowest stock price target.
Can Bally's stock reach $30?
BALY's average twelve months analyst stock price target of $18.1 does not support the claim that Bally's can reach $30 in the near future.
What are Bally's's analysts' financial forecasts?
Bally's's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.65B (high $2.75B, low $2.58B), average EBITDA is $476.76M (high $493.64M, low $463.73M), average net income is $-109M (high $-105M, low $-114M), average SG&A $1.04B (high $1.08B, low $1.01B), and average EPS is $-2.246 (high $-2.166, low $-2.349). BALY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.81B (high $2.91B, low $2.74B), average EBITDA is $505.67M (high $523.58M, low $491.86M), average net income is $-95.822M (high $-92.42M, low $-100M), average SG&A $1.11B (high $1.15B, low $1.08B), and average EPS is $-1.976 (high $-1.906, low $-2.067).
Did the BALY's actual financial results beat the analysts' financial forecasts?
Based on Bally's's last annual report (Dec 2023), the company's revenue was $2.45B, which missed the average analysts forecast of $2.46B by -0.56%. Apple's EBITDA was $229.92M, missing the average prediction of $549.88M by -58.19%. The company's net income was $-173M, beating the average estimation of $-38.427M by 349.19%. Apple's SG&A was $1.11B, beating the average forecast of $1.06B by 5.50%. Lastly, the company's EPS was $-3.24, beating the average prediction of $-1.185 by 173.44%. In terms of the last quarterly report (Dec 2023), Bally's's revenue was $611.67M, missing the average analysts' forecast of $623.32M by -1.87%. The company's EBITDA was $-56.596M, missing the average prediction of $112.09M by -150.49%. Bally's's net income was $-263M, beating the average estimation of $-26.883M by 880.13%. The company's SG&A was $391.48M, beating the average forecast of $245.28M by 59.60%. Lastly, the company's EPS was $-5.11, beating the average prediction of $-0.554 by 821.85%