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Boyd Gaming (BYD) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BYD Stock Forecast

Boyd Gaming stock forecast is as follows: an average price target of $76.25 (represents a 7.09% upside from BYD’s last price of $71.20) 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 $76.25 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $78.00 to $72.00. This represents a potential 7.09% upside from BYD's last price of $71.20.

BYD Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024Barry JonasTruist Financial$77.00$64.1220.09%8.15%
Oct 22, 2024Stephen GramblingMorgan Stanley$78.00$63.7422.37%9.55%
Sep 17, 2024Shaun KelleyBank of America Securities$72.00$62.3315.51%1.12%
Sep 04, 2024Stephen GramblingMorgan Stanley$74.00$62.1819.01%3.93%
Jul 22, 2024Ben ChaikenMizuho Securities$78.00$59.1231.94%9.55%
Apr 26, 2024Brandt MontourBarclays$68.00$62.898.13%-4.49%
Mar 25, 2024Ben ChaikenMizuho Securities$80.00$63.2926.40%12.36%
Feb 03, 2023Wells Fargo$77.00$66.3616.04%8.15%
Feb 03, 2023Credit Suisse$80.00$66.2620.74%12.36%
Feb 03, 2023John DeCreeCBRE$75.00$66.4812.82%5.34%
Feb 01, 2023Morgan Stanley$55.00$61.93-11.19%-22.75%
Nov 21, 2022Morgan Stanley$54.00$59.42-9.12%-24.16%
Apr 27, 2022Wells Fargo$85.00$62.3236.39%19.38%
Apr 26, 2022Susquehanna$74.00$64.2015.26%3.93%
Apr 25, 2022Morgan Stanley$76.00$62.8021.02%6.74%

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 8.15% increase from BYD last price ($71.20).

Boyd Gaming Price Target by Period

1M3M12M
# Anlaysts-27
Avg Price Target-$77.50$75.29
Last Closing Price$71.20$71.20$71.20
Upside/Downside-100.00%8.85%5.74%

In the current month, the average price target of Boyd Gaming stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Boyd Gaming's last price of $71.20. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Morgan StanleyOverweightOverweightHold
Oct 17, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 17, 2024Bank of America SecuritiesBuyBuyHold
Sep 04, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jun 21, 2024BarclaysEqual-WeightEqual-WeightHold
May 20, 2024Union GamingOutperformInitialise
May 20, 2024Raymond JamesOutperformInitialise
Apr 26, 2024Deutsche BankBuyHoldDowngrade
Apr 26, 2024BarclaysEqual-WeightEqual-WeightHold
Jan 26, 2024BarclaysBuyBuyHold
Jan 05, 2024SusquehannaBuyBuyHold
Jan 05, 2024BarclaysUnderperformUnderperformHold
Jul 14, 2023Morgan StanleyUnderweightEqual-WeightUpgrade
Apr 20, 2023Deutsche BankBuyBuyHold
Feb 03, 2023Wells FargoOverweightEqual-WeightDowngrade
Feb 03, 2023Wells FargoOverweightOverweightHold
Feb 03, 2023Credit SuisseOutperformOutperformHold
Feb 01, 2023Morgan StanleyUnderweightUnderweightHold
Dec 12, 2022JMP SecuritiesMarket PerformDowngrade
Nov 21, 2022Morgan StanleyUnderweightInitialise
Apr 27, 2022Wells FargoOverweightOverweightHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$997.46M$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$1.05B$1.00B$1.02B$1.02B$1.02B$986.40M$1.00B$992.33M$1.05B$918.47M$909.49M$955.58M$968.09M$905.21M$930.39M$911.55M$897.44M$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$1.00B$959.54M$973.88M$980.05M$972.81M$944.69M$961.74M$974.47M$944.10M$916.22M$909.49M$955.16M$902.98M$859.53M$891.05M$873.00M$859.49M$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
# Analysts44443335109347129955556666959644
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335109347129955556666959644
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$289.52M$277.15M$281.29M$283.07M$280.98M$272.85M$277.78M$277.52M$281.91M$259.27M$257.05M$324.20M$262.29M$249.11M$257.36M$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$295.81M$283.17M$287.40M$289.22M$287.09M$278.79M$283.82M$280.47M$296.01M$259.59M$257.05M$389.05M$273.61M$255.84M$262.96M$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$283.30M$271.20M$275.25M$276.99M$274.95M$267.00M$271.82M$275.42M$266.83M$258.95M$257.05M$259.36M$255.21M$242.93M$251.84M$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 %------------1.24%1.14%1.20%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335109347129955556666959644
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$163.93M$143.74M$154.91M$147.63M$163.12M$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$188.02M$158.30M$168.73M$166.51M$168.56M$147.81M$159.28M$150.30M$180.63M$135.33M$137.25M$203.87M$150.35M$156.22M$157.55M$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$177.75M$149.65M$159.51M$157.42M$159.36M$139.73M$150.58M$144.07M$145.61M$122.16M$137.21M$135.92M$126.71M$123.71M$148.94M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335109347129955556666959644
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$160.49M$153.63M$155.92M$156.91M$155.75M$151.25M$153.98M$153.83M$156.27M$143.72M$142.49M$123.41M$145.39M$138.09M$142.66M$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$163.97M$156.97M$159.31M$160.32M$159.14M$154.54M$157.33M$155.47M$164.08M$143.90M$142.49M$148.10M$151.67M$141.82M$145.76M$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$157.04M$150.33M$152.58M$153.54M$152.41M$148.00M$150.67M$152.67M$147.91M$143.54M$142.49M$98.73M$141.47M$134.66M$139.60M$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 %------------1.26%0.92%0.88%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335109347129955556666959644
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$1.78$1.56$1.69$1.61$1.78$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$2.05$1.72$1.84$1.81$1.83$1.61$1.73$1.64$1.97$1.47$1.49$1.59$1.64$1.70$1.71$1.54$1.49$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$1.93$1.63$1.74$1.71$1.73$1.52$1.64$1.57$1.58$1.33$1.49$1.58$1.38$1.35$1.62$1.47$1.41$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MLCOMelco Resorts & Entertainment$6.34$9.2045.11%Buy
MGMMGM Resorts$35.37$48.8037.97%Buy
CZRCaesars Entertainment$36.13$48.6334.60%Buy
CNTYCentury Casinos$3.75$5.0033.33%Buy
WYNNWynn Resorts$91.96$121.5732.20%Buy
GDENGolden Entertainment$33.06$38.3315.94%Buy
PENNPENN Entertainment$19.16$21.8614.09%Buy
BYDBoyd Gaming$73.88$76.253.21%Buy
LVSLas Vegas Sands$53.64$55.253.00%Buy
BALYBally's$17.74$18.172.42%Hold
MCRIMonarch Casino & Resort$82.16$84.002.24%Hold

BYD Forecast FAQ

Is Boyd Gaming a good buy?

Yes, according to 10 Wall Street analysts, Boyd Gaming (BYD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 60.00% of BYD's total ratings.

What is BYD's price target?

Boyd Gaming (BYD) average price target is $76.25 with a range of $72 to $78, implying a 7.09% from its last price of $71.2. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Boyd Gaming stock go up soon?

According to Wall Street analysts' prediction for BYD stock, the company can go up by 7.09% (from the last price of $71.2 to the average price target of $76.25), up by 9.55% based on the highest stock price target, and up by 1.12% based on the lowest stock price target.

Can Boyd Gaming stock reach $110?

BYD's average twelve months analyst stock price target of $76.25 does not support the claim that Boyd Gaming can reach $110 in the near future.

What are Boyd Gaming's analysts' financial forecasts?

Boyd Gaming's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.92B (high $4B, low $3.85B), average EBITDA is $1.11B (high $1.13B, low $1.09B), average net income is $610.21M (high $625.95M, low $593.75M), average SG&A $614.81M (high $626.47M, low $603.76M), and average EPS is $6.64 (high $6.81, low $6.46). BYD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4B (high $4.09B, low $3.92B), average EBITDA is $1.13B (high $1.16B, low $1.11B), average net income is $662.83M (high $681.56M, low $644.34M), average SG&A $626.95M (high $640.58M, low $613.49M), and average EPS is $7.21 (high $7.42, low $7.01).

Did the BYD's actual financial results beat the analysts' financial forecasts?

Based on Boyd Gaming's last annual report (Dec 2023), the company's revenue was $3.74B, beating the average analysts forecast of $3.61B by 3.50%. Apple's EBITDA was $1.27B, beating the average prediction of $1.06B by 19.08%. The company's net income was $620.02M, beating the average estimation of $575.62M by 7.71%. Apple's SG&A was $756.33M, beating the average forecast of $538.34M by 40.49%. Lastly, the company's EPS was $6.12, beating the average prediction of $6.09 by 0.50%. In terms of the last quarterly report (Dec 2023), Boyd Gaming's revenue was $954.41M, beating the average analysts' forecast of $928.04M by 2.84%. The company's EBITDA was $326.55M, beating the average prediction of $262.29M by 24.50%. Boyd Gaming's net income was $92.6M, missing the average estimation of $135.22M by -31.51%. The company's SG&A was $183.53M, beating the average forecast of $145.39M by 26.23%. Lastly, the company's EPS was $0.94, missing the average prediction of $1.47 by -36.12%