Golden Entertainment (GDEN) Stock Forecast, Price Target & Predictions
GDEN Stock Forecast
Golden Entertainment stock forecast is as follows: an average price target of $39.20 (represents a 18.07% upside from GDEN’s last price of $33.20) 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 $39.20 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $36.00. This represents a potential 18.07% upside from GDEN's last price of $33.20.
GDEN Analyst Ratings
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% | 8.43% |
| Sep 23, 2024 | David Bain | B.Riley Financial | $40.00 | $31.37 | 27.51% | 20.48% |
| Jul 17, 2024 | Jordan Bender | JMP Securities | $39.00 | $30.74 | 26.87% | 17.47% |
| May 09, 2024 | Chad Beynon | Macquarie | $45.00 | $32.73 | 37.49% | 35.54% |
| May 09, 2024 | Carlo Santarelli | Deutsche Bank | $36.00 | $30.71 | 17.23% | 8.43% |
| Apr 23, 2024 | Barry Jonas | Truist Financial | $44.00 | $34.67 | 26.91% | 32.53% |
| Dec 12, 2022 | - | JMP Securities | $57.00 | $41.16 | 38.48% | 71.69% |
| Jul 13, 2022 | - | Deutsche Bank | $51.00 | $38.63 | 32.02% | 53.61% |
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 8.43% increase from GDEN last price ($33.20).
Golden Entertainment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 6 |
| Avg Price Target | $36.00 | $38.00 | $40.00 |
| Last Closing Price | $33.20 | $33.20 | $33.20 |
| Upside/Downside | 8.43% | 14.46% | 20.48% |
In the current month, the average price target of Golden Entertainment stock is $36.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 8.43% increase as opposed to Golden Entertainment's last price of $33.20. This month's average price target is down -5.26% compared to last quarter, and down -10.00% 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 | $184.35M | $175.79M | $181.01M | $182.74M | $174.92M | $169.12M | $174.38M | $173.34M | $170.66M | $164.98M | $173.61M | $168.50M | $236.03M | $249.49M | $284.76M | $281.19M | $280.41M | $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 | $180.42M | $172.04M | $177.15M | $178.84M | $171.19M | $165.51M | $170.66M | $172.35M | $165.77M | $160.75M | $173.61M | $168.50M | $232.04M | $249.49M | $278.69M | $275.20M | $274.43M | $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 | $44.66M | $42.59M | $43.85M | $44.27M | $42.38M | $40.97M | $42.25M | $42.24M | $41.22M | $39.80M | $42.43M | $59.43M | $57.20M | $60.97M | $68.99M | $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 | $45.06M | $42.96M | $44.24M | $44.66M | $42.75M | $41.33M | $42.62M | $42.36M | $41.71M | $40.32M | $42.43M | $71.32M | $57.68M | $60.97M | $69.59M | $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 | $44.09M | $42.04M | $43.29M | $43.71M | $41.84M | $40.45M | $41.71M | $42.12M | $40.51M | $39.29M | $42.43M | $47.55M | $56.71M | $60.97M | $68.11M | $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 $57.20M, with a high of $57.68M and a low of $56.71M. This is 42.50% 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 | $11.45M | $5.08M | $11.18M | $11.52M | $8.16M | $3.90M | $8.40M | $8.23M | $7.68M | $1.82M | $5.68M | $43.61M | $8.39M | $5.74M | $14.61M | $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 | $11.13M | $4.94M | $10.88M | $11.20M | $7.94M | $3.79M | $8.16M | $7.80M | $4.72M | $1.77M | $5.68M | $29.07M | $6.07M | $5.74M | $14.21M | $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 | $42.23M | $40.27M | $41.47M | $41.86M | $40.07M | $38.74M | $39.95M | $39.71M | $39.09M | $37.79M | $39.77M | $73.65M | $54.07M | $57.16M | $65.23M | $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 | $41.33M | $39.41M | $40.58M | $40.97M | $39.22M | $37.92M | $39.10M | $39.48M | $37.98M | $36.83M | $39.77M | $49.10M | $53.16M | $57.16M | $63.84M | $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 | $4.70 | $13.00 | 176.60% | Buy |
| CNTY | Century Casinos | $4.25 | $9.00 | 111.76% | Buy |
| CZR | Caesars Entertainment | $37.38 | $70.00 | 87.27% | Buy |
| MLCO | Melco Resorts & Entertainment | $5.98 | $10.06 | 68.23% | Buy |
| RRR | Red Rock Resorts | $49.52 | $62.29 | 25.79% | Buy |
| HGV | Hilton Grand Vacations | $40.81 | $51.20 | 25.46% | Buy |
| GDEN | Golden Entertainment | $33.20 | $39.20 | 18.07% | Buy |
| MCRI | Monarch Casino & Resort | $82.87 | $84.00 | 1.36% | Hold |
| BALY | Bally's | $17.86 | $18.10 | 1.34% | Hold |
| BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |