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


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BYD Stock Forecast


Boyd Gaming stock forecast is as follows: an average price target of $75.14 (represents a 22.66% upside from BYD’s last price of $61.26) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

BYD Price Target


The average price target for Boyd Gaming (BYD) is $75.14 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $68.00. This represents a potential 22.66% upside from BYD's last price of $61.26.

BYD Analyst Ratings


Buy

According to 9 Wall Street analysts, Boyd Gaming's rating consensus is 'Buy'. The analyst rating breakdown for BYD stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 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
Sep 04, 2024Stephen GramblingMorgan Stanley$74.00$62.1819.01%20.80%
Jul 22, 2024Ben ChaikenMizuho Securities$78.00$59.1231.94%27.33%
Apr 26, 2024Brandt MontourBarclays$68.00$62.898.13%11.00%
Mar 25, 2024Ben ChaikenMizuho Securities$80.00$63.2926.40%30.59%
Feb 03, 2023-Wells Fargo$77.00$66.3616.04%25.69%
Feb 03, 2023-Credit Suisse$80.00$66.2620.74%30.59%
Feb 03, 2023John DeCreeCBRE$75.00$66.4812.82%22.43%
Feb 01, 2023-Morgan Stanley$55.00$61.93-11.19%-10.22%
Nov 21, 2022-Morgan Stanley$54.00$59.42-9.12%-11.85%
Apr 27, 2022-Wells Fargo$85.00$62.3236.39%38.75%
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The latest Boyd Gaming stock forecast, released on Sep 04, 2024 by Stephen Grambling from Morgan Stanley, set a price target of $74.00, which represents a 19.01% increase from the stock price at the time of the forecast ($62.18), and a 20.80% increase from BYD last price ($61.26).

Boyd Gaming Price Target by Period


1M3M12M
# Anlaysts124
Avg Price Target$74.00$76.00$75.00
Last Closing Price$61.26$61.26$61.26
Upside/Downside20.80%24.06%22.43%

In the current month, the average price target of Boyd Gaming stock is $74.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 20.80% increase as opposed to Boyd Gaming's last price of $61.26. This month's average price target is down -2.63% compared to last quarter, and down -1.33% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jun 21, 2024BarclaysEqual-WeightEqual-WeightHold
May 20, 2024Union Gaming-OutperformInitialise
May 20, 2024Raymond James-OutperformInitialise
Apr 26, 2024Deutsche BankBuyHoldDowngrade
Apr 26, 2024BarclaysEqual-WeightEqual-WeightHold
Jan 26, 2024BarclaysBuyBuyHold
Jan 05, 2024BarclaysUnderperformUnderperformHold
Jan 05, 2024SusquehannaBuyBuyHold
Jul 14, 2023Morgan StanleyUnderweightEqual-WeightUpgrade
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Boyd Gaming's last stock rating was published by Morgan Stanley on Sep 04, 2024. The company Upgrade its BYD rating from "Equal-Weight" to "Overweight".

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 22Jul 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-$860.74M$879.84M$843.06M$893.60M$753.31M$635.87M$652.24M$209.86M$680.52M$833.13M$819.57M
Avg Forecast$998.65M$938.89M$993.98M$1.00B$980.99M$924.91M$976.47M$983.37M$963.31M$915.09M$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$1.04B$975.99M$1.03B$1.04B$1.02B$961.46M$1.02B$1.02B$1.00B$947.66M$945.43M$993.12M$968.09M$905.21M$946.58M$927.41M$913.05M$890.43M$870.39M$856.80M$854.58M$856.08M$824.46M$694.65M$644.58M$642.32M$176.95M$772.59M$842.39M$845.45M
Low Forecast$960.59M$903.10M$956.10M$966.38M$943.60M$889.66M$939.25M$945.89M$926.60M$883.29M$874.83M$918.96M$902.98M$859.53M$875.88M$858.15M$844.87M$823.93M$870.39M$820.45M$818.33M$819.77M$789.49M$665.18M$617.23M$615.07M$169.44M$739.81M$806.66M$809.58M
# Analysts6446437449747129955556664474435
Surprise %------------1.03%1.02%1.01%1.08%1.05%1.02%-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 $918.96M, and a high forecast of $993.12M. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449747129955556664474435
EBITDA------------$326.55M$284.28M$308.44M$369.02M$366.16M$309.89M-$314.21M$292.85M$291.06M$333.84M$256.78M$230.75M$201.84M$-16.68M$101.09M$191.42M$178.80M
Avg Forecast$302.78M$284.66M$301.36M$304.61M$297.42M$280.42M$296.05M$298.14M$292.06M$277.44M$275.75M$324.20M$281.37M$267.23M$276.08M$294.73M$266.30M$296.30M$263.89M$267.94M$234.61M$269.37M$204.21M$243.04M$185.73M$161.71M$-22.79M$-131.20M$147.19M$178.56M
High Forecast$314.74M$295.91M$313.27M$316.64M$309.18M$291.50M$307.75M$309.93M$303.61M$287.32M$286.64M$389.05M$293.51M$274.45M$286.99M$353.68M$276.83M$355.56M$263.89M$321.53M$281.53M$323.24M$245.05M$291.65M$222.87M$194.06M$-18.23M$-104.96M$176.62M$214.27M
Low Forecast$291.24M$273.81M$289.88M$293.00M$286.09M$269.73M$284.77M$286.78M$280.93M$267.80M$265.24M$259.36M$273.77M$260.60M$265.56M$235.79M$256.15M$237.04M$263.89M$214.35M$187.69M$215.49M$163.37M$194.43M$148.58M$129.37M$-27.35M$-157.44M$117.75M$142.85M
Surprise %------------1.16%1.06%1.12%1.25%1.37%1.05%-1.17%1.25%1.08%1.63%1.06%1.24%1.25%0.73%-0.77%1.30%1.00%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449747129955556664474435
Net Income------------$92.61M$135.23M$192.45M$199.73M$172.68M$157.00M-$162.93M$109.78M$138.17M$113.73M$102.16M$83.29M$38.12M$-108.54M$-147.56M$24.30M$39.41M
Avg Forecast$180.23M$148.80M$167.06M$167.28M$169.94M$139.15M$157.47M$154.32M$158.72M$132.83M$141.99M$169.90M$139.91M$137.34M$158.53M$154.45M$137.77M$140.69M$135.04M$140.41M$101.00M$127.90M$86.54M$96.70M$68.34M$30.60M$-144.73M$-275.82M$22.75M$39.41M
High Forecast$189.49M$156.45M$175.65M$175.88M$178.67M$146.29M$165.56M$162.25M$166.87M$148.01M$149.29M$203.87M$155.56M$161.64M$166.67M$185.34M$144.84M$168.82M$135.04M$168.49M$121.20M$153.48M$103.85M$116.03M$82.01M$36.72M$-115.78M$-220.66M$27.29M$47.29M
Low Forecast$171.30M$141.43M$158.78M$158.99M$161.52M$132.25M$149.67M$146.68M$150.85M$119.54M$134.96M$135.92M$131.10M$128.00M$150.67M$123.56M$130.94M$112.55M$135.04M$112.33M$80.80M$102.32M$69.23M$77.36M$54.67M$24.48M$-173.67M$-330.99M$18.20M$31.52M
Surprise %------------0.66%0.98%1.21%1.29%1.25%1.12%-1.16%1.09%1.08%1.31%1.06%1.22%1.25%0.75%0.53%1.07%1.00%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449747129955556664474435
SG&A------------$183.53M$127.18M$126.17M$127.15M$120.13M$119.78M-$118.35M$120.82M$117.47M$116.65M$115.92M$115.59M$112.90M$85.68M$138.09M$135.24M$141.56M
Avg Forecast$166.52M$156.56M$165.74M$167.53M$163.57M$154.22M$162.82M$163.97M$160.63M$152.59M$151.65M$123.41M$154.75M$146.97M$151.84M$112.19M$146.46M$119.60M$145.13M$102.00M$111.16M$108.73M$88.76M$109.72M$94.84M$90.64M$114.24M$512.57M$262.50M$275.98M
High Forecast$173.10M$162.74M$172.29M$174.15M$170.04M$160.32M$169.26M$170.45M$166.98M$158.02M$157.65M$148.10M$161.42M$150.94M$157.84M$134.63M$152.25M$143.52M$145.13M$122.39M$133.39M$130.47M$106.51M$131.66M$113.81M$108.77M$137.09M$615.09M$315.01M$331.17M
Low Forecast$160.17M$150.59M$159.43M$161.14M$157.34M$148.35M$156.62M$157.72M$154.51M$147.28M$145.87M$98.73M$150.57M$143.32M$146.05M$89.76M$140.88M$95.68M$145.13M$81.60M$88.93M$86.98M$71.01M$87.78M$75.88M$72.51M$91.39M$410.06M$210.00M$220.78M
Surprise %------------1.19%0.87%0.83%1.13%0.82%1.00%-1.16%1.09%1.08%1.31%1.06%1.22%1.25%0.75%0.27%0.52%0.51%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449747129955556664474435
EPS------------$0.94$1.34$1.89$1.93$1.64$1.46-$1.45$0.96$1.21$1.00$0.90$0.73$0.34$-0.96$-1.30$0.21$0.35
Avg Forecast$1.90$1.57$1.76$1.76$1.79$1.46$1.66$1.62$1.67$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$1.99$1.65$1.85$1.85$1.88$1.54$1.74$1.71$1.76$1.56$1.57$1.66$1.64$1.70$1.75$1.58$1.52$1.39$1.39$1.25$1.28$1.29$1.00$0.47$0.40$0.20$-1.43$0.18$0.48$0.40
Low Forecast$1.80$1.49$1.67$1.67$1.70$1.39$1.57$1.54$1.59$1.26$1.42$1.50$1.38$1.35$1.58$1.43$1.38$1.26$1.39$1.18$1.21$1.22$0.95$0.44$0.37$0.19$-1.51$0.17$0.45$0.38
Surprise %------------0.64%0.93%1.13%1.28%1.13%1.10%-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 $1.50 and a high estimate of $1.66. 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
CNTYCentury Casinos$2.57$13.00405.84%Buy
PENNPENN Entertainment$19.90$41.32107.64%Buy
CZRCaesars Entertainment$38.87$73.0888.01%Buy
MLCOMelco Resorts & Entertainment$5.71$9.7270.23%Buy
MGMMGM Resorts$36.51$52.8444.73%Buy
LVSLas Vegas Sands$40.02$57.0042.43%Buy
WYNNWynn Resorts$78.46$109.8239.97%Buy
GDENGolden Entertainment$32.58$41.0025.84%Buy
BYDBoyd Gaming$61.26$75.1422.66%Buy
MCRIMonarch Casino & Resort$75.36$84.0011.46%Hold
BALYBally's$17.31$18.104.56%Hold

BYD Forecast FAQ


Yes, according to 9 Wall Street analysts, Boyd Gaming (BYD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of BYD's total ratings.

Boyd Gaming (BYD) average price target is $75.14 with a range of $68 to $80, implying a 22.66% from its last price of $61.26. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BYD stock, the company can go up by 22.66% (from the last price of $61.26 to the average price target of $75.14), up by 30.59% based on the highest stock price target, and up by 11.00% based on the lowest stock price target.

BYD's average twelve months analyst stock price target of $75.14 does not support the claim that Boyd Gaming can reach $90 in the near future.

1 Wall Street analyst forecast a $74 price target for Boyd Gaming (BYD) this month, up 20.80% from its last price of $61.26. Compared to the last 3 and 12 months, the average price target increased by 24.06% and increased by 22.43%, respectively.

Boyd Gaming's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.87B (high $4.02B, low $3.72B), average EBITDA is $1.17B (high $1.22B, low $1.13B), average net income is $620.88M (high $652.77M, low $590.11M), average SG&A $644.59M (high $670.07M, low $620.03M), and average EPS is $6.53 (high $6.87, low $6.21). BYD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.94B (high $4.09B, low $3.79B), average EBITDA is $1.19B (high $1.24B, low $1.15B), average net income is $663.38M (high $697.46M, low $630.51M), average SG&A $656.34M (high $682.28M, low $631.33M), and average EPS is $6.98 (high $7.34, low $6.63).

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 $1.12B by 13.14%. The company's net income was $620.02M, beating the average estimation of $590.23M by 5.05%. Apple's SG&A was $756.33M, beating the average forecast of $565.75M by 33.69%. 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 $281.37M by 16.06%. Boyd Gaming's net income was $92.6M, missing the average estimation of $139.91M by -33.81%. The company's SG&A was $183.53M, beating the average forecast of $154.75M by 18.60%. Lastly, the company's EPS was $0.94, missing the average prediction of $1.47 by -36.12%