Golden Entertainment (GDEN) Stock Forecast, Price Target & Predictions

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GDEN Stock Forecast

Golden Entertainment stock forecast is as follows: an average price target of $38.33 (represents a 23.37% upside from GDEN’s last price of $31.07) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

GDEN Price Target

The average price target for Golden Entertainment (GDEN) is $38.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $36.00. This represents a potential 23.37% upside from GDEN's last price of $31.07.

GDEN Analyst Ratings

Buy

According to 4 Wall Street analysts, Golden Entertainment's rating consensus is 'Buy'. The analyst rating breakdown for GDEN stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Golden Entertainment 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	$36.00	$30.10	19.60%	15.87%
Sep 23, 2024	David Bain	B.Riley Financial	$40.00	$31.37	27.51%	28.74%
Jul 17, 2024	Jordan Bender	JMP Securities	$39.00	$30.74	26.87%	25.52%
May 09, 2024	Chad Beynon	Macquarie	$45.00	$32.73	37.49%	44.83%
May 09, 2024	Carlo Santarelli	Deutsche Bank	$36.00	$30.71	17.23%	15.87%
Apr 23, 2024	Barry Jonas	Truist Financial	$44.00	$34.67	26.91%	41.62%
Dec 12, 2022		JMP Securities	$57.00	$41.16	38.48%	83.46%
Jul 13, 2022		Deutsche Bank	$51.00	$38.63	32.02%	64.15%

The latest Golden Entertainment stock forecast, released on Oct 23, 2024 by Barry Jonas from Truist Financial, set a price target of $36.00, which represents a 19.60% increase from the stock price at the time of the forecast ($30.10), and a 15.87% increase from GDEN last price ($31.07).

Golden Entertainment Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	6
Avg Price Target	-	$38.00	$40.00
Last Closing Price	$31.07	$31.07	$31.07
Upside/Downside	-100.00%	22.30%	28.74%

In the current month, the average price target of Golden 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 Golden Entertainment's last price of $31.07. 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
Jul 17, 2024	JMP Securities	Outperform	Outperform	Hold
May 09, 2024	Macquarie	Outperform	Outperform	Hold
May 09, 2024	Deutsche Bank	Buy	Buy	Hold
Dec 12, 2022	JMP Securities	Market Outperform	Market Outperform	Hold
Jul 13, 2022	Deutsche Bank	Buy	Buy	Hold
Jun 28, 2022	B. Riley Securities	Buy	Buy	Hold
Feb 18, 2022	Deutsche Bank	Buy	Buy	Hold
Feb 18, 2022	Macquarie	Outperform	Outperform	Hold

Golden Entertainment's last stock rating was published by JMP Securities on Jul 17, 2024. The company gave GDEN a "Outperform" rating, the same as its previous rate.

Golden Entertainment Financial Forecast

Golden Entertainment 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	-	-	-	-	-	-	-	-	-	-	-	-	-	$257.73M	$286.68M	$278.05M	$279.71M	$278.99M	$289.37M	$273.64M	$281.96M	$282.42M	$292.47M	$239.70M	$205.63M	$205.40M	$75.97M	$207.16M	$242.13M	$243.31M
Avg Forecast	$182.75M	$174.26M	$179.43M	$181.15M	$173.39M	$167.64M	$172.86M	$172.85M	$168.66M	$162.86M	$173.61M	$168.50M	$234.03M	$249.49M	$282.28M	$278.74M	$277.96M	$269.04M	$287.62M	$282.95M	$266.06M	$259.18M	$251.83M	$219.15M	$200.91M	$173.96M	$57.01M	$229.39M	$237.64M	$239.68M
High Forecast	$184.17M	$175.61M	$180.83M	$182.56M	$174.75M	$168.95M	$174.21M	$173.34M	$170.66M	$164.98M	$173.61M	$168.50M	$236.03M	$249.49M	$284.48M	$280.92M	$280.13M	$269.04M	$287.62M	$282.95M	$266.06M	$259.18M	$251.83M	$219.15M	$200.91M	$173.96M	$57.01M	$229.39M	$237.64M	$239.68M
Low Forecast	$180.69M	$172.29M	$177.41M	$179.10M	$171.44M	$165.75M	$170.91M	$172.35M	$165.77M	$160.75M	$173.61M	$168.50M	$232.04M	$249.49M	$279.09M	$275.60M	$274.83M	$269.04M	$287.62M	$282.95M	$266.06M	$259.18M	$251.83M	$219.15M	$200.91M	$173.96M	$57.01M	$229.39M	$237.64M	$239.68M
# Analysts	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	4	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.02%	1.00%	1.01%	1.04%	1.01%	0.97%	1.06%	1.09%	1.16%	1.09%	1.02%	1.18%	1.33%	0.90%	1.02%	1.02%

Golden Entertainment's average Quarter revenue forecast for Dec 23 based on 3 analysts is $234.03M, with a low forecast of $232.04M, and a high forecast of $236.03M. GDEN's average Quarter revenue forecast represents a -9.19% decrease compared to the company's last Quarter revenue of $257.73M (Sep 23).

Golden Entertainment 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	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	4	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$40.14M	$57.16M	$56.07M	$59.65M	$59.60M	$70.63M	$59.12M	$60.62M	$70.94M	$146.64M	$53.56M	$28.68M	$41.00M	$-30.02M	$17.33M	$40.16M	$39.14M
Avg Forecast	$44.68M	$42.60M	$43.87M	$44.29M	$42.39M	$40.99M	$42.26M	$42.26M	$41.24M	$39.82M	$42.45M	$59.43M	$57.22M	$61.00M	$69.01M	$54.03M	$73.75M	$55.56M	$59.40M	$49.12M	$54.95M	$53.53M	$52.01M	$185.19M	$41.49M	$35.93M	$11.77M	$27.68M	$49.08M	$49.50M
High Forecast	$45.03M	$42.93M	$44.21M	$44.63M	$42.72M	$41.31M	$42.59M	$42.38M	$41.72M	$40.33M	$42.45M	$71.32M	$57.71M	$61.00M	$69.55M	$64.84M	$88.51M	$55.56M	$59.40M	$58.94M	$54.95M	$53.53M	$52.01M	$222.23M	$41.49M	$35.93M	$11.77M	$33.21M	$49.08M	$49.50M
Low Forecast	$44.17M	$42.12M	$43.37M	$43.79M	$41.91M	$40.52M	$41.78M	$42.14M	$40.53M	$39.30M	$42.45M	$47.55M	$56.73M	$61.00M	$68.23M	$43.22M	$59.00M	$55.56M	$59.40M	$39.29M	$54.95M	$53.53M	$52.01M	$148.16M	$41.49M	$35.93M	$11.77M	$22.14M	$49.08M	$49.50M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.66%	0.83%	1.04%	0.81%	1.07%	1.19%	1.20%	1.10%	1.33%	2.82%	0.29%	0.69%	1.14%	-2.55%	0.63%	0.82%	0.79%

3 analysts predict GDEN's average Quarter EBITDA for Dec 23 to be $57.22M, with a high of $57.71M and a low of $56.73M. This is 42.55% upper than Golden Entertainment's previous annual EBITDA (Sep 23) of $40.14M.

Golden Entertainment 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	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	4	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$241.22M	$12.28M	$11.63M	$11.06M	$14.00M	$21.22M	$36.07M	$19.10M	$29.05M	$103.01M	$10.62M	$-18.47M	$-6.96M	$-78.57M	$-32.62M	$-7.67M	$-9.45M
Avg Forecast	$11.32M	$5.02M	$11.06M	$11.39M	$8.07M	$3.86M	$8.30M	$8.14M	$6.49M	$1.80M	$5.68M	$36.34M	$7.23M	$5.74M	$14.45M	$33.04M	$23.24M	$18.22M	$27.33M	$30.03M	$19.94M	$22.24M	$14.72M	$36.72M	$-10.75M	$-22.17M	$-61.46M	$-52.09M	$-7.69M	$-5.97M
High Forecast	$11.44M	$5.07M	$11.17M	$11.51M	$8.15M	$3.89M	$8.39M	$8.22M	$7.68M	$1.82M	$5.68M	$43.61M	$8.39M	$5.74M	$14.59M	$39.65M	$27.88M	$18.22M	$27.33M	$36.04M	$19.94M	$22.24M	$14.72M	$44.07M	$-10.75M	$-22.17M	$-61.46M	$-41.67M	$-7.69M	$-5.97M
Low Forecast	$11.16M	$4.94M	$10.90M	$11.23M	$7.95M	$3.80M	$8.18M	$7.80M	$4.72M	$1.78M	$5.68M	$29.07M	$6.07M	$5.74M	$14.23M	$26.43M	$18.59M	$18.22M	$27.33M	$24.03M	$19.94M	$22.24M	$14.72M	$29.38M	$-10.75M	$-22.17M	$-61.46M	$-62.50M	$-7.69M	$-5.97M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	42.02%	0.85%	0.35%	0.48%	0.77%	0.78%	1.20%	0.96%	1.31%	7.00%	0.29%	1.72%	0.31%	1.28%	0.63%	1.00%	1.58%

Golden Entertainment's average Quarter net income forecast for Dec 23 is $7.23M, with a range of $6.07M to $8.39M. GDEN's average Quarter net income forecast represents a -97.00% decrease compared to the company's last Quarter net income of $241.22M (Sep 23).

Golden Entertainment 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	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	4	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$67.73M	$67.09M	$62.04M	$57.82M	$59.39M	$57.29M	$60.91M	$60.63M	$54.46M	$53.28M	$53.59M	$47.12M	$52.13M	$32.55M	$47.61M	$55.56M	$57.11M
Avg Forecast	$41.87M	$39.92M	$41.11M	$41.50M	$39.72M	$38.40M	$39.60M	$39.60M	$38.64M	$37.31M	$39.77M	$61.38M	$53.61M	$57.16M	$64.67M	$55.80M	$73.77M	$61.16M	$65.38M	$50.72M	$60.48M	$58.92M	$57.25M	$185.31M	$45.67M	$39.55M	$12.96M	$125.94M	$54.02M	$54.49M
High Forecast	$42.19M	$40.23M	$41.43M	$41.82M	$40.03M	$38.70M	$39.91M	$39.71M	$39.09M	$37.79M	$39.77M	$73.65M	$54.07M	$57.16M	$65.17M	$66.96M	$88.53M	$61.16M	$65.38M	$60.87M	$60.48M	$58.92M	$57.25M	$222.37M	$45.67M	$39.55M	$12.96M	$151.13M	$54.02M	$54.49M
Low Forecast	$41.39M	$39.47M	$40.64M	$41.03M	$39.27M	$37.97M	$39.15M	$39.48M	$37.98M	$36.83M	$39.77M	$49.10M	$53.16M	$57.16M	$63.94M	$44.64M	$59.02M	$61.16M	$65.38M	$40.58M	$60.48M	$58.92M	$57.25M	$148.25M	$45.67M	$39.55M	$12.96M	$100.75M	$54.02M	$54.49M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.18%	1.04%	1.11%	0.78%	0.97%	0.88%	1.20%	1.00%	0.92%	0.93%	0.29%	1.03%	1.32%	2.51%	0.38%	1.03%	1.05%

Golden Entertainment's average Quarter SG&A projection for Dec 23 is $53.61M, based on 3 Wall Street analysts, with a range of $53.16M to $54.07M. The forecast indicates a -20.84% fall compared to GDEN last annual SG&A of $67.73M (Sep 23).

Golden Entertainment 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	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	4	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.37	$0.43	$0.41	$0.39	$0.49	$0.73	$1.25	$0.66	$1.00	$3.60	$0.38	$-0.66	$-0.25	$-2.80	$-1.17	$-0.28	$-0.34
Avg Forecast	$0.39	$0.17	$0.38	$0.39	$0.27	$0.13	$0.28	$0.28	$0.22	$0.06	$0.19	$0.12	$0.25	$0.20	$0.49	$0.50	$0.60	$0.60	$0.90	$0.51	$0.66	$0.74	$0.49	$-0.19	$-0.36	$-0.73	$-2.03	$-0.24	$-0.25	$-0.20
High Forecast	$0.39	$0.17	$0.38	$0.39	$0.28	$0.13	$0.29	$0.28	$0.26	$0.06	$0.19	$0.12	$0.29	$0.20	$0.50	$0.51	$0.61	$0.60	$0.90	$0.51	$0.66	$0.74	$0.49	$-0.19	$-0.36	$-0.73	$-2.03	$-0.24	$-0.25	$-0.20
Low Forecast	$0.38	$0.17	$0.37	$0.38	$0.27	$0.13	$0.28	$0.27	$0.16	$0.06	$0.19	$0.12	$0.21	$0.20	$0.48	$0.50	$0.59	$0.60	$0.90	$0.51	$0.66	$0.74	$0.49	$-0.19	$-0.36	$-0.73	$-2.03	$-0.24	$-0.25	$-0.20
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	42.88%	0.88%	0.81%	0.65%	0.81%	0.81%	2.45%	1.00%	1.36%	7.40%	-2.05%	1.86%	0.34%	1.38%	4.89%	1.10%	1.72%

According to 3 Wall Street analysts, Golden Entertainment's projected average Quarter EPS for Dec 23 is $0.25, with a low estimate of $0.21 and a high estimate of $0.29. This represents a -97.06% decrease compared to GDEN previous annual EPS of $8.37 (Sep 23).

Golden Entertainment Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FLL	Full House Resorts	$4.20	$13.00	209.52%	Buy
MLCO	Melco Resorts & Entertainment	$6.34	$9.20	45.11%	Buy
CZR	Caesars Entertainment	$36.13	$48.63	34.60%	Buy
CNTY	Century Casinos	$3.75	$5.00	33.33%	Buy
RRR	Red Rock Resorts	$48.06	$58.00	20.68%	Buy
GDEN	Golden Entertainment	$33.06	$38.33	15.94%	Buy
HGV	Hilton Grand Vacations	$40.36	$41.50	2.82%	Buy
BALY	Bally's	$17.74	$18.17	2.42%	Hold
MCRI	Monarch Casino & Resort	$82.16	$84.00	2.24%	Hold

GDEN Forecast FAQ

Is Golden Entertainment a good buy?

Yes, according to 4 Wall Street analysts, Golden Entertainment (GDEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of GDEN's total ratings.

What is GDEN's price target?

Golden Entertainment (GDEN) average price target is $38.33 with a range of $36 to $40, implying a 23.37% from its last price of $31.07. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Golden Entertainment stock go up soon?

According to Wall Street analysts' prediction for GDEN stock, the company can go up by 23.37% (from the last price of $31.07 to the average price target of $38.33), up by 28.74% based on the highest stock price target, and up by 15.87% based on the lowest stock price target.

Can Golden Entertainment stock reach $50?

GDEN's average twelve months analyst stock price target of $38.33 does not support the claim that Golden Entertainment can reach $50 in the near future.

What are Golden Entertainment's analysts' financial forecasts?

Golden Entertainment's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $686.74M (high $691.24M, low $680.45M), average EBITDA is $167.9M (high $169M, low $166.36M), average net income is $28.36M (high $28.65M, low $27.73M), average SG&A $157.32M (high $158.35M, low $155.88M), and average EPS is $0.965 (high $0.974, low $0.943). GDEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $717.58M (high $723.18M, low $709.48M), average EBITDA is $175.44M (high $176.81M, low $173.46M), average net income is $38.79M (high $39.18M, low $38.22M), average SG&A $164.39M (high $165.67M, low $162.53M), and average EPS is $1.32 (high $1.33, low $1.3).

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

Based on Golden Entertainment's last annual report (Dec 2023), the company's revenue was $1.05B, beating the average analysts forecast of $1.04B by 0.82%. Apple's EBITDA was $202.97M, missing the average prediction of $241.26M by -15.87%. The company's net income was $255.76M, beating the average estimation of $60.45M by 323.06%. Apple's SG&A was $255.56M, beating the average forecast of $231.23M by 10.52%. Lastly, the company's EPS was $8.31, beating the average prediction of $1.44 by 478.75%. In terms of the last quarterly report (Sep 2023), Golden Entertainment's revenue was $257.73M, beating the average analysts' forecast of $249.49M by 3.30%. The company's EBITDA was $40.14M, missing the average prediction of $61M by -34.20%. Golden Entertainment's net income was $241.22M, beating the average estimation of $5.74M by 4102.48%. The company's SG&A was $67.73M, beating the average forecast of $57.16M by 18.50%. Lastly, the company's EPS was $8.37, beating the average prediction of $0.195 by 4188.35%