Boyd Gaming (BYD) Stock Forecast, Price Target & Predictions
BYD Stock Forecast
Boyd Gaming stock forecast is as follows: an average price target of $75.44 (represents a 2.57% upside from BYD’s last price of $73.55) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
BYD Price Target
The average price target for Boyd Gaming (BYD) is $75.44 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $68.00. This represents a potential 2.57% upside from BYD's last price of $73.55.
BYD Analyst Ratings
According to 10 Wall Street analysts, Boyd Gaming's rating consensus is 'Buy'. The analyst rating breakdown for BYD stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Boyd Gaming Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Barry Jonas | Truist Financial | $77.00 | $64.12 | 20.09% | 4.69% |
| Oct 22, 2024 | Stephen Grambling | Morgan Stanley | $78.00 | $63.74 | 22.37% | 6.05% |
| Sep 17, 2024 | Shaun Kelley | Bank of America Securities | $72.00 | $62.33 | 15.51% | -2.11% |
| Sep 04, 2024 | Stephen Grambling | Morgan Stanley | $74.00 | $62.18 | 19.01% | 0.61% |
| Jul 22, 2024 | Ben Chaiken | Mizuho Securities | $78.00 | $59.12 | 31.94% | 6.05% |
| Apr 26, 2024 | Brandt Montour | Barclays | $68.00 | $62.89 | 8.13% | -7.55% |
| Mar 25, 2024 | Ben Chaiken | Mizuho Securities | $80.00 | $63.29 | 26.40% | 8.77% |
| Feb 03, 2023 | - | Wells Fargo | $77.00 | $66.36 | 16.04% | 4.69% |
| Feb 03, 2023 | - | Credit Suisse | $80.00 | $66.26 | 20.74% | 8.77% |
| Feb 03, 2023 | John DeCree | CBRE | $75.00 | $66.48 | 12.82% | 1.97% |
The latest Boyd Gaming stock forecast, released on Oct 23, 2024 by Barry Jonas from Truist Financial, set a price target of $77.00, which represents a 20.09% increase from the stock price at the time of the forecast ($64.12), and a 4.69% increase from BYD last price ($73.55).
Boyd Gaming Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 7 |
| Avg Price Target | $77.50 | $75.25 | $75.29 |
| Last Closing Price | $73.55 | $73.55 | $73.55 |
| Upside/Downside | 5.37% | 2.31% | 2.37% |
In the current month, the average price target of Boyd Gaming stock is $77.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 5.37% increase as opposed to Boyd Gaming's last price of $73.55. This month's average price target is up 2.99% compared to last quarter, and up 2.94% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 17, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 17, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Sep 04, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Jun 21, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 20, 2024 | Union Gaming | - | Outperform | Initialise |
| May 20, 2024 | Raymond James | - | Outperform | Initialise |
| Apr 26, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Apr 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jan 26, 2024 | Barclays | Buy | Buy | Hold |
Boyd Gaming's last stock rating was published by Morgan Stanley on Oct 22, 2024. The company gave BYD a "Overweight" rating, the same as its previous rate.
Boyd Gaming Financial Forecast
Boyd Gaming 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 | - | - | - | - | - | - | - | - | - | - | - | - | $954.41M | $903.16M | $916.95M | $963.97M | $922.92M | $877.26M | $894.45M | $860.74M | $879.84M | $843.06M | $893.60M | $753.31M | $635.87M | $652.24M | $209.86M | $680.52M | $833.13M | $819.57M |
| Avg Forecast | $1.02B | $980.59M | $995.24M | $1.00B | $994.15M | $965.41M | $982.83M | $981.90M | $997.42M | $917.34M | $909.49M | $955.37M | $928.04M | $881.39M | $910.59M | $892.15M | $878.34M | $856.58M | $870.39M | $840.44M | $838.27M | $839.74M | $808.72M | $681.39M | $632.27M | $630.06M | $173.57M | $757.84M | $826.31M | $829.31M |
| High Forecast | $1.06B | $1.01B | $1.03B | $1.04B | $1.03B | $998.78M | $1.02B | $993.70M | $1.05B | $918.47M | $909.49M | $955.58M | $968.09M | $905.21M | $942.07M | $922.99M | $908.71M | $856.58M | $870.39M | $840.44M | $838.27M | $839.74M | $808.72M | $681.39M | $632.27M | $630.06M | $173.57M | $757.84M | $826.31M | $829.31M |
| Low Forecast | $982.50M | $940.51M | $954.56M | $960.61M | $953.52M | $925.95M | $942.66M | $958.29M | $944.06M | $916.22M | $909.49M | $955.16M | $902.98M | $859.53M | $873.38M | $855.69M | $842.45M | $856.58M | $870.39M | $840.44M | $838.27M | $839.74M | $808.72M | $681.39M | $632.27M | $630.06M | $173.57M | $757.84M | $826.31M | $829.31M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 3 | 4 | 7 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | 1.01% | 1.08% | 1.05% | 1.02% | 1.03% | 1.02% | 1.05% | 1.00% | 1.10% | 1.11% | 1.01% | 1.04% | 1.21% | 0.90% | 1.01% | 0.99% |
Boyd Gaming's average Quarter revenue forecast for Mar 24 based on 4 analysts is $955.37M, with a low forecast of $955.16M, and a high forecast of $955.58M. BYD's average Quarter revenue forecast represents a 0.10% increase compared to the company's last Quarter revenue of $954.41M (Dec 23).
Boyd Gaming 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 3 | 4 | 7 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $326.55M | $284.28M | $308.44M | $369.02M | $366.16M | $309.89M | $308.56M | $314.21M | $292.85M | $291.06M | $333.84M | $256.78M | $230.75M | $201.84M | $-16.68M | $101.09M | $191.42M | $178.80M |
| Avg Forecast | $310.57M | $297.30M | $301.74M | $303.66M | $301.41M | $292.70M | $297.98M | $297.70M | $302.41M | $278.13M | $275.75M | $324.20M | $281.37M | $267.23M | $276.08M | $294.73M | $258.07M | $259.70M | $263.89M | $267.94M | $254.15M | $254.60M | $245.20M | $243.04M | $191.70M | $191.03M | $52.63M | $-131.20M | $250.53M | $251.44M |
| High Forecast | $321.31M | $307.58M | $312.18M | $314.15M | $311.84M | $302.82M | $308.29M | $301.28M | $317.53M | $278.47M | $275.75M | $389.05M | $293.51M | $274.45M | $285.63M | $353.68M | $309.69M | $259.70M | $263.89M | $321.53M | $254.15M | $254.60M | $245.20M | $291.65M | $191.70M | $191.03M | $52.63M | $-104.96M | $250.53M | $251.44M |
| Low Forecast | $297.88M | $285.15M | $289.41M | $291.25M | $289.10M | $280.74M | $285.80M | $290.54M | $286.23M | $277.79M | $275.75M | $259.36M | $273.77M | $260.60M | $264.80M | $235.79M | $206.46M | $259.70M | $263.89M | $214.35M | $254.15M | $254.60M | $245.20M | $194.43M | $191.70M | $191.03M | $52.63M | $-157.44M | $250.53M | $251.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.06% | 1.12% | 1.25% | 1.42% | 1.19% | 1.17% | 1.17% | 1.15% | 1.14% | 1.36% | 1.06% | 1.20% | 1.06% | -0.32% | -0.77% | 0.76% | 0.71% |
4 analysts predict BYD's average Quarter EBITDA for Mar 24 to be $324.20M, with a high of $389.05M and a low of $259.36M. This is -0.72% lower than Boyd Gaming's previous annual EBITDA (Dec 23) of $326.55M.
Boyd Gaming 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 3 | 4 | 7 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $92.61M | $135.23M | $192.45M | $199.73M | $172.68M | $157.00M | $146.76M | $162.93M | $109.78M | $138.17M | $113.73M | $102.16M | $83.29M | $38.12M | $-108.54M | $-147.56M | $24.30M | $39.41M |
| Avg Forecast | $182.85M | $153.95M | $164.09M | $161.94M | $164.19M | $143.63M | $153.99M | $147.29M | $162.42M | $128.74M | $137.23M | $169.90M | $135.22M | $132.74M | $153.21M | $154.45M | $111.10M | $125.86M | $131.72M | $140.41M | $118.44M | $119.60M | $92.88M | $96.70M | $36.78M | $18.55M | $-139.97M | $-275.82M | $44.15M | $36.90M |
| High Forecast | $191.07M | $160.87M | $171.47M | $169.22M | $171.57M | $150.09M | $160.91M | $150.86M | $170.73M | $135.33M | $137.25M | $203.87M | $150.35M | $156.22M | $160.10M | $185.34M | $133.32M | $128.34M | $131.72M | $168.49M | $118.44M | $120.20M | $94.52M | $116.03M | $36.78M | $18.55M | $-139.97M | $-220.66M | $44.15M | $36.90M |
| Low Forecast | $173.14M | $145.77M | $155.37M | $153.33M | $155.47M | $136.00M | $145.81M | $145.50M | $145.81M | $122.16M | $137.21M | $135.92M | $126.71M | $123.71M | $145.07M | $123.56M | $88.88M | $123.38M | $131.72M | $112.33M | $118.44M | $119.00M | $91.25M | $77.36M | $36.78M | $18.55M | $-139.97M | $-330.99M | $44.15M | $36.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.02% | 1.26% | 1.29% | 1.55% | 1.25% | 1.11% | 1.16% | 0.93% | 1.16% | 1.22% | 1.06% | 2.26% | 2.06% | 0.78% | 0.53% | 0.55% | 1.07% |
Boyd Gaming's average Quarter net income forecast for Mar 24 is $169.90M, with a range of $135.92M to $203.87M. BYD's average Quarter net income forecast represents a 83.46% increase compared to the company's last Quarter net income of $92.61M (Dec 23).
Boyd Gaming 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 3 | 4 | 7 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $183.53M | $127.18M | $126.17M | $127.15M | $120.13M | $119.78M | $122.32M | $118.35M | $120.82M | $117.47M | $116.65M | $115.92M | $115.59M | $112.90M | $85.68M | $138.09M | $135.24M | $141.56M |
| Avg Forecast | $170.81M | $163.51M | $165.95M | $167.00M | $165.77M | $160.98M | $163.88M | $163.73M | $166.32M | $152.96M | $151.65M | $123.41M | $154.75M | $146.97M | $151.84M | $112.19M | $122.27M | $142.83M | $145.13M | $102.00M | $139.78M | $140.02M | $134.85M | $109.72M | $105.43M | $105.06M | $28.94M | $512.57M | $137.78M | $138.28M |
| High Forecast | $176.71M | $169.16M | $171.69M | $172.78M | $171.50M | $166.54M | $169.55M | $165.69M | $174.63M | $153.15M | $151.65M | $148.10M | $161.42M | $150.94M | $157.09M | $134.63M | $146.73M | $142.83M | $145.13M | $122.39M | $139.78M | $140.02M | $134.85M | $131.66M | $105.43M | $105.06M | $28.94M | $615.09M | $137.78M | $138.28M |
| Low Forecast | $163.83M | $156.83M | $159.17M | $160.18M | $159.00M | $154.40M | $157.19M | $159.79M | $157.42M | $152.78M | $151.65M | $98.73M | $150.57M | $143.32M | $145.63M | $89.76M | $97.82M | $142.83M | $145.13M | $81.60M | $139.78M | $140.02M | $134.85M | $87.78M | $105.43M | $105.06M | $28.94M | $410.06M | $137.78M | $138.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.87% | 0.83% | 1.13% | 0.98% | 0.84% | 0.84% | 1.16% | 0.86% | 0.84% | 0.87% | 1.06% | 1.10% | 1.07% | 2.96% | 0.27% | 0.98% | 1.02% |
Boyd Gaming's average Quarter SG&A projection for Mar 24 is $123.41M, based on 4 Wall Street analysts, with a range of $98.73M to $148.10M. The forecast indicates a -32.76% fall compared to BYD last annual SG&A of $183.53M (Dec 23).
Boyd Gaming 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 3 | 4 | 7 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.94 | $1.34 | $1.89 | $1.93 | $1.64 | $1.46 | $1.33 | $1.45 | $0.96 | $1.21 | $1.00 | $0.90 | $0.73 | $0.34 | $-0.96 | $-1.30 | $0.21 | $0.35 |
| Avg Forecast | $1.99 | $1.68 | $1.79 | $1.76 | $1.79 | $1.56 | $1.68 | $1.60 | $1.77 | $1.40 | $1.49 | $1.58 | $1.47 | $1.44 | $1.67 | $1.51 | $1.45 | $1.32 | $1.39 | $1.22 | $1.25 | $1.26 | $0.98 | $0.46 | $0.39 | $0.20 | $-1.47 | $0.18 | $0.46 | $0.39 |
| High Forecast | $2.08 | $1.75 | $1.87 | $1.84 | $1.87 | $1.63 | $1.75 | $1.64 | $1.86 | $1.47 | $1.49 | $1.59 | $1.64 | $1.70 | $1.74 | $1.54 | $1.51 | $1.35 | $1.39 | $1.22 | $1.25 | $1.26 | $0.99 | $0.46 | $0.39 | $0.20 | $-1.47 | $0.18 | $0.46 | $0.39 |
| Low Forecast | $1.88 | $1.59 | $1.69 | $1.67 | $1.69 | $1.48 | $1.59 | $1.58 | $1.59 | $1.33 | $1.49 | $1.58 | $1.38 | $1.35 | $1.58 | $1.47 | $1.37 | $1.30 | $1.39 | $1.22 | $1.25 | $1.25 | $0.96 | $0.46 | $0.39 | $0.20 | $-1.47 | $0.18 | $0.46 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.93% | 1.13% | 1.28% | 1.13% | 1.10% | 0.96% | 1.19% | 0.77% | 0.96% | 1.02% | 1.97% | 1.89% | 1.74% | 0.65% | -7.33% | 0.45% | 0.90% |
According to 4 Wall Street analysts, Boyd Gaming's projected average Quarter EPS for Mar 24 is $1.58, with a low estimate of $1.58 and a high estimate of $1.59. This represents a 68.17% increase compared to BYD previous annual EPS of $0.94 (Dec 23).
Boyd Gaming Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CNTY | Century Casinos | $4.20 | $9.00 | 114.29% | Buy |
| PENN | PENN Entertainment | $21.23 | $40.09 | 88.84% | Buy |
| CZR | Caesars Entertainment | $39.30 | $70.00 | 78.12% | Buy |
| MLCO | Melco Resorts & Entertainment | $6.15 | $10.06 | 63.58% | Buy |
| MGM | MGM Resorts | $37.98 | $51.63 | 35.94% | Buy |
| WYNN | Wynn Resorts | $85.80 | $112.61 | 31.25% | Buy |
| GDEN | Golden Entertainment | $33.62 | $39.20 | 16.60% | Buy |
| LVS | Las Vegas Sands | $49.53 | $57.53 | 16.15% | Buy |
| BYD | Boyd Gaming | $73.55 | $75.44 | 2.57% | Buy |
| BALY | Bally's | $17.78 | $18.10 | 1.80% | Hold |
| MCRI | Monarch Casino & Resort | $83.40 | $84.00 | 0.72% | Hold |