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Caesars Entertainment (CZR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CZR Stock Forecast

Caesars Entertainment stock forecast is as follows: an average price target of $48.63 (represents a 48.17% upside from CZR’s last price of $32.82) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

CZR Price Target

The average price target for Caesars Entertainment (CZR) is $48.63 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $58.00 to $35.00. This represents a potential 48.17% upside from CZR's last price of $32.82.

CZR Analyst Ratings

Buy

According to 18 Wall Street analysts, Caesars Entertainment's rating consensus is 'Buy'. The analyst rating breakdown for CZR stock is 1 'Strong Buy' (5.56%), 13 'Buy' (72.22%), 3 'Hold' (16.67%), 1 'Sell' (5.56%), and 0 'Strong Sell' (0.00%).

Caesars Entertainment Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Zachary WarringCFRA$35.00$41.56-15.79%6.64%
Oct 30, 2024Brandt MontourBarclays$57.00$45.2825.88%73.67%
Oct 29, 2024Joseph StauffSusquehanna$37.00$45.53-18.73%12.74%
Jul 31, 2024Chad BeynonMacquarie$52.00$40.7627.58%58.44%
Jul 31, 2024Steven WieczynskiStifel Nicolaus$56.00$36.9051.76%70.63%
Jul 17, 2024Jordan BenderJMP Securities$58.00$39.7745.84%76.72%
Jul 16, 2024Daniel PolitzerWells Fargo$53.00$39.2235.14%61.49%
Jul 15, 2024Joseph StauffSusquehanna$33.00$39.69-16.87%0.55%
Jul 12, 2024Stephen GramblingMorgan Stanley$41.00$38.965.24%24.92%
May 01, 2024Daniel PolitzerWells Fargo$54.00$35.8250.75%64.53%
Apr 19, 2024Jordan BenderJMP Securities$62.00$37.9863.24%88.91%
Apr 19, 2024Brandt MontourBarclays$63.00$37.9865.88%91.96%
Apr 12, 2024Carlo SantarelliDeutsche Bank$59.00$42.2239.74%79.77%
Apr 09, 2024Stephen GramblingMorgan Stanley$45.00$43.882.56%37.11%
May 25, 2023Susquehanna$39.00$41.40-5.80%18.83%
Feb 01, 2023Morgan Stanley$52.00$51.860.27%58.44%
Oct 03, 2022Susquehanna$27.00$33.89-20.33%-17.73%
Aug 03, 2022Wells Fargo$64.00$49.1730.16%95.00%
Jul 30, 2022Barry JonasTruist Financial$70.00$45.6953.21%113.28%
Jul 19, 2022Stifel Nicolaus$63.00$38.6063.21%91.96%
Jul 14, 2022Wells Fargo$65.00$36.9475.96%98.05%
Jun 06, 2022Deutsche Bank$90.00$52.2872.15%174.22%
May 04, 2022Morgan Stanley$97.00$62.8754.29%195.55%
Apr 25, 2022Morgan Stanley$99.00$66.4449.01%201.65%
Apr 21, 2022Deutsche Bank$100.00$71.4439.98%204.69%
Apr 19, 2022Truist Financial$105.00$71.7546.34%219.93%
Apr 07, 2022Steven WieczynskiStifel Nicolaus$127.00$70.5679.99%286.96%
Feb 23, 2022Daniel PolitzerWells Fargo$105.00$78.6833.45%219.93%
Jan 26, 2022Chad BeynonMacquarie$121.00$75.3560.58%268.68%
Dec 06, 2021Shaun KelleyBank of America Securities$135.00$92.0446.68%311.33%
Oct 27, 2021Stephen GramblingGoldman Sachs$128.00$110.7615.57%290.01%
Jun 10, 2021Joseph GreffJ.P. Morgan$129.00$111.4015.80%293.05%

The latest Caesars Entertainment stock forecast, released on Oct 30, 2024 by Zachary Warring from CFRA, set a price target of $35.00, which represents a -15.79% decrease from the stock price at the time of the forecast ($41.56), and a 6.64% increase from CZR last price ($32.82).

Caesars Entertainment Price Target by Period

1M3M12M
# Anlaysts-314
Avg Price Target-$43.00$50.36
Last Closing Price$32.82$32.82$32.82
Upside/Downside-100.00%31.02%53.44%

In the current month, the average price target of Caesars Entertainment stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Caesars Entertainment's last price of $32.82. 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 29, 2024SusquehannaPositivePositiveHold
Oct 22, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 17, 2024BarclaysOverweightOverweightHold
Oct 09, 2024SusquehannaUnderperformUnderperformHold
Oct 09, 2024Wells FargoMarket OutperformMarket OutperformHold
Oct 03, 2024Cowen & Co.BuyBuyHold
Aug 22, 2024Wells FargoMarket OutperformMarket OutperformHold
Aug 22, 2024SusquehannaUnderperformUnderperformHold
Aug 22, 2024JMP SecuritiesOutperformOutperformHold
Jul 31, 2024MacquarieOutperformOutperformHold
Jul 17, 2024JMP SecuritiesOutperformOutperformHold
Jul 16, 2024Wells FargoOverweightOverweightHold
Jul 15, 2024SusquehannaUnderperformNegativeDowngrade
Jul 12, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jun 03, 2024Cowen & Co.BuyBuyHold
May 20, 2024Raymond JamesStrong BuyInitialise
May 01, 2024Wells FargoOverweightOverweightHold
Apr 19, 2024JMP SecuritiesOutperformOutperformHold
Apr 19, 2024BarclaysOverweightOverweightHold
Apr 12, 2024Deutsche BankBuyBuyHold
Apr 09, 2024SusquehannaUnderperformUnderperformHold
Apr 09, 2024Wells FargoMarket OutperformMarket OutperformHold
Sep 18, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jun 16, 2023Morgan StanleyEqual-WeightEqual-WeightHold
May 25, 2023BarclaysOverweightUnderweightDowngrade
May 25, 2023Piper SandlerNeutralDowngrade
May 25, 2023Evercore ISIOutperformUpgrade
May 25, 2023DaiwaNeutralUpgrade
May 25, 2023CitigroupBuyUpgrade
May 25, 2023Janney MontgomeryBuyUpgrade
May 25, 2023SusquehannaNegativeNeutralUpgrade
Feb 27, 2023BarclaysOverweightOverweightHold
Feb 01, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Oct 03, 2022SusquehannaNegativeNegativeHold
Jul 20, 2022SusquehannaNegativeNegativeHold
Jul 14, 2022Wells FargoOverweightOverweightHold
Jun 28, 2022B. Riley SecuritiesBuyBuyHold
Jun 06, 2022Deutsche BankBuyBuyHold
Apr 25, 2022Zacks Investment ResearchSellDowngrade
Feb 28, 2022Loop Capital MarketsBuyBuyHold
Feb 24, 2022Morgan StanleyOverweightOverweightHold
Feb 23, 2022B. Riley SecuritiesBuyBuyHold
Feb 23, 2022Wells FargoOverweightOverweightHold
Feb 23, 2022Deutsche BankBuyBuyHold
Jan 31, 2022JefferiesBuyBuyHold
Apr 07, 2021Morgan StanleyOverweightInitialise

Caesars Entertainment's last stock rating was published by Susquehanna on Oct 29, 2024. The company gave CZR a "Positive" rating, the same as its previous rate.

Caesars Entertainment Financial Forecast

Caesars Entertainment 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-------------$2.99B$2.88B$2.83B$2.82B$2.89B$2.82B$2.29B$2.59B$2.69B$2.50B$1.70B$1.50B$1.38B$126.47M$473.07M$592.12M$663.18M
Avg Forecast$3.11B$3.04B$2.97B$2.93B$3.05B$2.98B$2.91B$2.89B$2.89B$2.93B$2.86B$2.82B$2.85B$2.94B$2.87B$2.76B$2.80B$2.82B$2.77B$2.35B$2.59B$2.66B$2.41B$1.71B$1.69B$1.75B$200.42M$551.68M$593.40M$678.59M
High Forecast$3.16B$3.09B$3.02B$2.98B$3.10B$3.03B$2.96B$2.94B$2.94B$2.95B$2.87B$2.82B$2.87B$3.01B$2.92B$2.81B$2.85B$2.82B$2.77B$2.35B$2.59B$2.66B$2.41B$1.71B$1.69B$1.75B$200.42M$551.68M$593.40M$678.59M
Low Forecast$3.05B$2.98B$2.91B$2.87B$2.98B$2.92B$2.85B$2.84B$2.83B$2.91B$2.85B$2.82B$2.84B$2.88B$2.81B$2.70B$2.75B$2.82B$2.77B$2.35B$2.59B$2.66B$2.41B$1.71B$1.69B$1.75B$200.42M$551.68M$593.40M$678.59M
# Analysts333344461153471366555111211109987655
Surprise %-------------1.02%1.00%1.03%1.01%1.02%1.02%0.98%1.00%1.01%1.04%0.99%0.89%0.79%0.63%0.86%1.00%0.98%

Caesars Entertainment's average Quarter revenue forecast for Dec 23 based on 7 analysts is $2.85B, with a low forecast of $2.84B, and a high forecast of $2.87B. CZR's average Quarter revenue forecast represents a -4.81% decrease compared to the company's last Quarter revenue of $2.99B (Sep 23).

Caesars Entertainment 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
# Analysts333344461153471366555111211109987655
EBITDA-------------$-122.00M$1.56B$922.00M$912.00M$974.00M$967.00M$259.00M$295.00M$532.00M$948.00M$326.00M$334.00M$-95.00M$-16.58M$-95.91M$115.55M$179.61M
Avg Forecast$743.34M$726.99M$709.28M$699.51M$727.93M$711.19M$695.72M$689.63M$691.39M$699.26M$682.52M$48.54M$680.97M$701.48M$685.35M$44.13M$259.63M$785.17M$770.94M$40.12M$719.95M$741.11M$669.35M$284.34M$469.89M$485.95M$55.77M$-1.39B$165.13M$188.84M
High Forecast$755.99M$739.36M$721.36M$711.42M$740.32M$723.30M$707.57M$701.65M$703.31M$704.38M$684.62M$58.25M$685.78M$719.86M$697.02M$52.96M$311.55M$785.17M$770.94M$48.14M$719.95M$741.11M$669.35M$341.21M$469.89M$485.95M$55.77M$-1.11B$165.13M$188.84M
Low Forecast$728.32M$712.30M$694.95M$685.38M$713.22M$696.82M$681.67M$677.62M$677.08M$694.15M$680.42M$38.83M$678.56M$688.44M$671.50M$35.30M$207.70M$785.17M$770.94M$32.09M$719.95M$741.11M$669.35M$227.48M$469.89M$485.95M$55.77M$-1.66B$165.13M$188.84M
Surprise %--------------0.17%2.27%20.89%3.51%1.24%1.25%6.46%0.41%0.72%1.42%1.15%0.71%-0.20%-0.30%0.07%0.70%0.95%

13 analysts predict CZR's average Quarter EBITDA for Sep 23 to be $701.48M, with a high of $719.86M and a low of $688.44M. This is -55.00% lower than Caesars Entertainment's previous annual EBITDA (Jun 23) of $1.56B.

Caesars Entertainment 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
# Analysts333344461153471366555111211109987655
Net Income-------------$186.00M$920.00M$-136.00M$-162.00M$52.00M$36.00M$-451.00M$-441.00M$-233.00M$72.00M$-423.00M$-555.00M$-926.00M$-100.00M$-175.64M$-13.22M$37.05M
Avg Forecast$112.51M$101.77M$93.75M$26.58M$90.47M$87.06M$75.87M$5.88M$4.26M$46.16M$26.75M$-507.83M$-8.02M$61.46M$71.35M$-461.66M$-381.96M$50.51M$38.13M$-419.69M$-196.39M$34.31M$-10.51M$-368.95M$-419.68M$-458.58M$-641.51M$-2.54B$57.70M$133.93M
High Forecast$115.00M$104.02M$95.83M$27.17M$92.48M$88.99M$77.55M$18.81M$13.62M$47.19M$26.80M$-406.26M$58.84M$118.53M$72.93M$-369.33M$-305.57M$50.51M$38.13M$-335.75M$-196.39M$34.31M$-10.51M$-295.16M$-419.68M$-458.58M$-641.51M$-2.03B$57.70M$133.93M
Low Forecast$109.56M$99.10M$91.29M$25.89M$88.10M$84.77M$73.88M$-1.18M$-11.07M$44.95M$26.71M$-609.39M$-101.63M$28.53M$69.48M$-553.99M$-458.35M$50.51M$38.13M$-503.63M$-196.39M$34.31M$-10.51M$-442.74M$-419.68M$-458.58M$-641.51M$-3.05B$57.70M$133.93M
Surprise %-------------3.03%12.89%0.29%0.42%1.03%0.94%1.07%2.25%-6.79%-6.85%1.15%1.32%2.02%0.16%0.07%-0.23%0.28%

Caesars Entertainment's average Quarter net income forecast for Dec 23 is $-8.02M, with a range of $-101.63M to $58.84M. CZR's average Quarter net income forecast represents a -104.31% decrease compared to the company's last Quarter net income of $186.00M (Sep 23).

Caesars Entertainment 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
# Analysts333344461153471366555111211109987655
SG&A-------------$528.00M$499.00M$588.00M$601.00M$592.00M$593.00M$568.00M$579.00M$572.00M$494.00M$432.00M$462.00M$420.00M$83.02M$133.11M$163.54M$169.07M
Avg Forecast$738.20M$721.95M$704.38M$694.67M$722.89M$706.27M$690.91M$684.86M$686.60M$694.43M$677.80M$424.19M$676.26M$696.63M$680.61M$385.62M$509.58M$669.50M$657.36M$350.57M$613.89M$631.92M$570.73M$376.80M$400.66M$414.36M$47.56M$130.91M$140.81M$161.02M
High Forecast$750.76M$734.25M$716.37M$706.50M$735.20M$718.29M$702.67M$696.79M$698.44M$699.50M$679.88M$509.02M$681.04M$714.88M$692.19M$462.75M$611.49M$669.50M$657.36M$420.68M$613.89M$631.92M$570.73M$452.16M$400.66M$414.36M$47.56M$130.91M$140.81M$161.02M
Low Forecast$723.28M$707.37M$690.14M$680.64M$708.29M$692.00M$676.95M$672.93M$672.40M$689.35M$675.71M$339.35M$673.87M$683.68M$666.86M$308.50M$407.66M$669.50M$657.36M$280.45M$613.89M$631.92M$570.73M$301.44M$400.66M$414.36M$47.56M$130.91M$140.81M$161.02M
Surprise %-------------0.76%0.73%1.52%1.18%0.88%0.90%1.62%0.94%0.91%0.87%1.15%1.15%1.01%1.75%1.02%1.16%1.05%

Caesars Entertainment's average Quarter SG&A projection for Dec 23 is $676.26M, based on 7 Wall Street analysts, with a range of $673.87M to $681.04M. The forecast indicates a 28.08% rise compared to CZR last annual SG&A of $528.00M (Sep 23).

Caesars Entertainment 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
# Analysts333344461153471366555111211109987655
EPS-------------$0.87$4.28$-0.63$-0.75$0.24$0.17$-2.11$-2.06$-1.10$0.34$-2.03$-1.91$-6.09$-1.25$-2.25$-0.17$0.48
Avg Forecast$0.52$0.47$0.44$0.12$0.42$0.40$0.35$0.03$0.02$0.21$0.12$-0.08$-0.04$0.29$0.33$-0.01$0.21$0.23$0.18$-2.19$-0.91$0.16$-0.05$-1.71$-1.94$-2.12$-2.97$0.12$0.27$0.62
High Forecast$0.53$0.48$0.45$0.13$0.43$0.41$0.36$0.09$0.06$0.22$0.12$-0.07$0.27$0.55$0.34$-0.01$0.22$0.23$0.18$-2.19$-0.91$0.16$-0.05$-1.71$-1.94$-2.12$-2.97$0.12$0.27$0.62
Low Forecast$0.51$0.46$0.42$0.12$0.41$0.39$0.34$-0.01$-0.05$0.21$0.12$-0.08$-0.47$0.13$0.32$-0.01$0.21$0.23$0.18$-2.19$-0.91$0.16$-0.05$-1.71$-1.94$-2.12$-2.97$0.12$0.27$0.62
Surprise %-------------3.04%12.90%92.92%-3.52%1.03%0.96%0.96%2.27%-6.92%-6.99%1.19%0.98%2.87%0.42%-18.26%-0.64%0.77%

According to 7 Wall Street analysts, Caesars Entertainment's projected average Quarter EPS for Dec 23 is $-0.04, with a low estimate of $-0.47 and a high estimate of $0.27. This represents a -104.29% decrease compared to CZR previous annual EPS of $0.87 (Sep 23).

Caesars Entertainment 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
WYNNWynn Resorts$91.96$121.5732.20%Buy
RRRRed Rock Resorts$48.06$58.0020.68%Buy
PENNPENN Entertainment$19.16$21.8614.09%Buy
LVSLas Vegas Sands$53.64$55.253.00%Buy

CZR Forecast FAQ

Is Caesars Entertainment a good buy?

Yes, according to 18 Wall Street analysts, Caesars Entertainment (CZR) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 13 'Buy' recommendations, accounting for 77.78% of CZR's total ratings.

What is CZR's price target?

Caesars Entertainment (CZR) average price target is $48.63 with a range of $35 to $58, implying a 48.17% from its last price of $32.82. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Caesars Entertainment stock go up soon?

According to Wall Street analysts' prediction for CZR stock, the company can go up by 48.17% (from the last price of $32.82 to the average price target of $48.63), up by 76.72% based on the highest stock price target, and up by 6.64% based on the lowest stock price target.

Can Caesars Entertainment stock reach $50?

CZR's highest twelve months analyst stock price target of $58 supports the claim that Caesars Entertainment can reach $50 in the near future.

What are Caesars Entertainment's analysts' financial forecasts?

Caesars Entertainment's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.82B (high $12.02B, low $11.59B), average EBITDA is $2.82B (high $2.87B, low $2.77B), average net income is $259.29M (high $277.82M, low $245.58M), average SG&A $2.8B (high $2.85B, low $2.75B), and average EPS is $1.21 (high $1.29, low $1.14). CZR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $12.05B (high $12.25B, low $11.81B), average EBITDA is $2.88B (high $2.93B, low $2.82B), average net income is $334.62M (high $342.02M, low $325.83M), average SG&A $2.86B (high $2.91B, low $2.8B), and average EPS is $1.56 (high $1.59, low $1.52).

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

Based on Caesars Entertainment's last annual report (Dec 2022), the company's revenue was $10.82B, beating the average analysts forecast of $10.74B by 0.75%. Apple's EBITDA was $3.11B, beating the average prediction of $1.86B by 67.69%. The company's net income was $-524M, missing the average estimation of $-713M by -26.51%. Apple's SG&A was $2.35B, beating the average forecast of $2.19B by 7.64%. Lastly, the company's EPS was $-2.45, beating the average prediction of $-1.568 by 56.27%. In terms of the last quarterly report (Sep 2023), Caesars Entertainment's revenue was $2.99B, beating the average analysts' forecast of $2.94B by 1.98%. The company's EBITDA was $-122M, missing the average prediction of $701.48M by -117.39%. Caesars Entertainment's net income was $186M, beating the average estimation of $61.46M by 202.64%. The company's SG&A was $528M, missing the average forecast of $696.63M by -24.21%. Lastly, the company's EPS was $0.87, beating the average prediction of $0.286 by 204.34%