Golden Entertainment (GDEN) Stock Forecast, Price Target & Predictions
GDEN Stock Forecast
Golden Entertainment stock forecast is as follows: an average price target of $41.00 (represents a 28.13% upside from GDEN’s last price of $32.00) 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 $41.00 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 28.13% upside from GDEN's last price of $32.00.
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 |
|---|---|---|---|---|---|---|
| Jul 17, 2024 | Jordan Bender | JMP Securities | $39.00 | $30.74 | 26.87% | 21.88% |
| May 09, 2024 | Chad Beynon | Macquarie | $45.00 | $32.73 | 37.49% | 40.63% |
| May 09, 2024 | Carlo Santarelli | Deutsche Bank | $36.00 | $30.71 | 17.23% | 12.50% |
| Apr 23, 2024 | Barry Jonas | Truist Financial | $44.00 | $34.67 | 26.91% | 37.50% |
| Dec 12, 2022 | - | JMP Securities | $57.00 | $41.16 | 38.48% | 78.13% |
| Jul 13, 2022 | - | Deutsche Bank | $51.00 | $38.63 | 32.02% | 59.38% |
The latest Golden Entertainment stock forecast, released on Jul 17, 2024 by Jordan Bender from JMP Securities, set a price target of $39.00, which represents a 26.87% increase from the stock price at the time of the forecast ($30.74), and a 21.88% increase from GDEN last price ($32.00).
Golden Entertainment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $39.00 | $41.00 |
| Last Closing Price | $32.00 | $32.00 | $32.00 |
| Upside/Downside | -100.00% | 21.88% | 28.13% |
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 $32.00. 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 | Jul 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 | - | $273.64M | $281.96M | $282.42M | $292.47M | $239.70M | $205.63M | $205.40M | $75.97M | $207.16M | $242.13M | $243.31M |
| Avg Forecast | $186.48M | $184.26M | $181.01M | $181.75M | $177.53M | $173.48M | $173.64M | $174.52M | $172.39M | $167.09M | $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 | $190.51M | $188.24M | $184.92M | $185.67M | $181.37M | $177.22M | $177.39M | $178.29M | $176.12M | $168.37M | $177.36M | $172.14M | $236.03M | $254.88M | $288.38M | $284.77M | $283.97M | $274.85M | $287.62M | $289.50M | $272.22M | $265.18M | $257.66M | $224.22M | $205.56M | $177.99M | $58.33M | $234.70M | $243.14M | $245.23M |
| Low Forecast | $184.70M | $182.50M | $179.29M | $180.01M | $175.84M | $171.82M | $171.98M | $172.85M | $170.75M | $166.24M | $171.95M | $166.89M | $232.04M | $247.11M | $279.58M | $276.08M | $275.31M | $266.47M | $287.62M | $276.63M | $260.11M | $253.39M | $246.21M | $214.25M | $196.42M | $170.07M | $55.74M | $224.27M | $232.33M | $234.33M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | 1.00% | 1.01% | 1.04% | - | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $40.14M | $57.16M | $56.07M | $59.65M | $59.60M | - | $59.12M | $60.62M | $70.94M | $146.64M | $53.56M | $28.68M | $41.00M | $-30.02M | $17.33M | $40.16M | $39.14M |
| Avg Forecast | $38.51M | $38.05M | $37.38M | $37.53M | $36.66M | $35.83M | $35.86M | $36.04M | $35.60M | $34.51M | $35.85M | $59.43M | $48.33M | $51.53M | $58.30M | $54.03M | $57.41M | $56.05M | $59.40M | $49.12M | $67.05M | $50.95M | $52.01M | $185.19M | $41.49M | $62.95M | $-18.63M | $27.68M | $49.08M | $25.57M |
| High Forecast | $39.34M | $38.88M | $38.19M | $38.35M | $37.46M | $36.60M | $36.64M | $36.82M | $36.37M | $34.77M | $36.63M | $71.32M | $48.75M | $52.64M | $59.56M | $64.84M | $58.65M | $67.26M | $59.40M | $58.94M | $80.46M | $61.15M | $53.21M | $222.23M | $42.45M | $75.54M | $-14.91M | $33.21M | $50.21M | $30.68M |
| Low Forecast | $38.14M | $37.69M | $37.03M | $37.18M | $36.31M | $35.48M | $35.52M | $35.70M | $35.26M | $34.33M | $35.51M | $47.55M | $47.92M | $51.03M | $57.74M | $43.22M | $56.86M | $44.84M | $59.40M | $39.29M | $53.64M | $40.76M | $50.85M | $148.16M | $40.56M | $50.36M | $-22.36M | $22.14M | $47.98M | $20.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.98% | 1.04% | 1.04% | 1.06% | - | 1.20% | 0.90% | 1.39% | 2.82% | 0.29% | 0.69% | 0.65% | 1.61% | 0.63% | 0.82% | 1.53% |
3 analysts predict GDEN's average Quarter EBITDA for Dec 23 to be $48.33M, with a high of $48.75M and a low of $47.92M. This is 20.42% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $241.22M | $12.28M | $11.63M | $11.06M | $14.00M | - | $36.07M | $19.10M | $29.05M | $103.01M | $10.62M | $-18.47M | $-6.96M | $-78.57M | $-32.62M | $-7.67M | $-9.45M |
| Avg Forecast | $17.90M | $13.91M | $13.97M | $13.76M | $12.28M | $10.12M | $10.29M | $10.09M | $8.88M | $5.70M | $5.84M | $36.34M | $7.43M | $5.90M | $14.85M | $33.04M | $18.13M | $22.95M | $27.73M | $30.03M | $21.12M | $20.87M | $377.00M | $36.72M | $-10.17M | $-10.68M | $-48.77M | $-52.09M | $-7.28M | $-6.17M |
| High Forecast | $18.40M | $14.30M | $14.36M | $14.15M | $12.63M | $10.40M | $10.58M | $10.37M | $9.13M | $6.65M | $6.00M | $43.61M | $8.62M | $6.07M | $15.27M | $39.65M | $18.64M | $27.55M | $27.73M | $36.04M | $25.35M | $25.04M | $452.40M | $44.07M | $-9.88M | $-8.54M | $-39.01M | $-41.67M | $-7.07M | $-4.94M |
| Low Forecast | $17.67M | $13.73M | $13.79M | $13.59M | $12.13M | $9.99M | $10.16M | $9.96M | $8.77M | $4.12M | $5.77M | $29.07M | $6.24M | $5.83M | $14.67M | $26.43M | $17.90M | $18.36M | $27.73M | $24.03M | $16.90M | $16.69M | $301.60M | $29.38M | $-10.48M | $-12.82M | $-58.52M | $-62.50M | $-7.50M | $-7.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.88% | 0.83% | 0.35% | 0.61% | 0.61% | - | 1.20% | 0.90% | 1.39% | 0.27% | 0.29% | 1.82% | 0.65% | 1.61% | 0.63% | 1.05% | 1.53% |
Golden Entertainment's average Quarter net income forecast for Dec 23 is $7.43M, with a range of $6.24M to $8.62M. GDEN's average Quarter net income forecast represents a -96.92% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $67.73M | $67.09M | $62.04M | $57.82M | $59.39M | - | $60.91M | $60.63M | $54.46M | $53.28M | $53.59M | $47.12M | $52.13M | $32.55M | $47.61M | $55.56M | $57.11M |
| Avg Forecast | $42.39M | $41.89M | $41.15M | $41.32M | $40.36M | $39.44M | $39.47M | $39.67M | $39.19M | $37.98M | $39.47M | $61.38M | $53.20M | $56.72M | $64.17M | $55.80M | $63.19M | $43.03M | $65.38M | $50.72M | $67.06M | $39.12M | $195.02M | $185.31M | $45.67M | $128.59M | $40.03M | $125.94M | $54.02M | $56.80M |
| High Forecast | $43.31M | $42.79M | $42.04M | $42.21M | $41.23M | $40.29M | $40.33M | $40.53M | $40.04M | $38.27M | $40.32M | $73.65M | $53.66M | $57.94M | $65.56M | $66.96M | $64.56M | $51.63M | $65.38M | $60.87M | $80.48M | $46.94M | $234.03M | $222.37M | $46.73M | $154.31M | $48.03M | $151.13M | $55.27M | $68.16M |
| Low Forecast | $41.99M | $41.49M | $40.76M | $40.92M | $39.97M | $39.06M | $39.10M | $39.30M | $38.82M | $37.79M | $39.09M | $49.10M | $52.75M | $56.18M | $63.56M | $44.64M | $62.59M | $34.42M | $65.38M | $40.58M | $53.65M | $31.29M | $156.02M | $148.25M | $44.65M | $102.87M | $32.02M | $100.75M | $52.82M | $45.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.05% | 1.11% | 0.91% | 1.38% | - | 1.20% | 0.90% | 1.39% | 0.27% | 0.29% | 1.03% | 0.41% | 0.81% | 0.38% | 1.03% | 1.01% |
Golden Entertainment's average Quarter SG&A projection for Dec 23 is $53.20M, based on 3 Wall Street analysts, with a range of $52.75M to $53.66M. The forecast indicates a -21.45% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.37 | $0.43 | $0.41 | $0.39 | $0.49 | - | $1.25 | $0.66 | $1.00 | $3.60 | $0.38 | $-0.66 | $-0.25 | $-2.80 | $-1.17 | $-0.28 | $-0.34 |
| Avg Forecast | $0.59 | $0.46 | $0.46 | $0.46 | $0.41 | $0.33 | $0.34 | $0.33 | $0.29 | $0.19 | $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 | $0.61 | $0.47 | $0.47 | $0.47 | $0.42 | $0.34 | $0.35 | $0.34 | $0.30 | $0.22 | $0.20 | $0.12 | $0.29 | $0.20 | $0.51 | $0.52 | $0.62 | $0.62 | $0.90 | $0.53 | $0.68 | $0.76 | $0.50 | $-0.18 | $-0.35 | $-0.71 | $-1.97 | $-0.23 | $-0.25 | $-0.19 |
| Low Forecast | $0.58 | $0.45 | $0.46 | $0.45 | $0.40 | $0.33 | $0.34 | $0.33 | $0.29 | $0.14 | $0.19 | $0.12 | $0.21 | $0.19 | $0.49 | $0.50 | $0.59 | $0.60 | $0.90 | $0.50 | $0.64 | $0.71 | $0.47 | $-0.19 | $-0.37 | $-0.76 | $-2.09 | $-0.25 | $-0.26 | $-0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 42.88% | 0.88% | 0.81% | 0.65% | 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 |
|---|---|---|---|---|---|
| CNTY | Century Casinos | $2.44 | $13.00 | 432.79% | Buy |
| FLL | Full House Resorts | $4.92 | $13.00 | 164.23% | Buy |
| CZR | Caesars Entertainment | $36.87 | $73.08 | 98.21% | Buy |
| MLCO | Melco Resorts & Entertainment | $5.37 | $9.72 | 81.01% | Buy |
| HGV | Hilton Grand Vacations | $36.48 | $56.25 | 54.19% | Buy |
| GDEN | Golden Entertainment | $32.04 | $41.00 | 27.97% | Buy |
| MCRI | Monarch Casino & Resort | $75.22 | $84.00 | 11.67% | Hold |
| RRR | Red Rock Resorts | $55.04 | $60.29 | 9.54% | Buy |
| BALY | Bally's | $17.16 | $18.10 | 5.48% | Hold |
| BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |
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 $41 with a range of $36 to $45, implying a 28.12% from its last price of $32. 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 28.12% (from the last price of $32 to the average price target of $41), up by 40.62% based on the highest stock price target, and up by 12.50% based on the lowest stock price target.
Can Golden Entertainment stock reach $50?
GDEN's average twelve months analyst stock price target of $41 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 $699.16M (high $714.27M, low $692.49M), average EBITDA is $144.39M (high $147.51M, low $143.02M), average net income is $42.77M (high $43.97M, low $42.24M), average SG&A $158.94M (high $162.38M, low $157.42M), and average EPS is $1.41 (high $1.45, low $1.4). GDEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $733.5M (high $749.35M, low $726.5M), average EBITDA is $151.48M (high $154.76M, low $150.04M), average net income is $59.53M (high $61.2M, low $58.79M), average SG&A $166.75M (high $170.35M, low $165.15M), and average EPS is $1.97 (high $2.02, low $1.94).
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 $212.19M by -4.34%. The company's net income was $255.76M, beating the average estimation of $61.22M by 317.74%. Apple's SG&A was $255.56M, beating the average forecast of $229.89M by 11.17%. 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 $51.53M by -22.10%. Golden Entertainment's net income was $241.22M, beating the average estimation of $5.9M by 3987.66%. The company's SG&A was $67.73M, beating the average forecast of $56.72M by 19.41%. Lastly, the company's EPS was $8.37, beating the average prediction of $0.195 by 4188.35%