PENN Entertainment (PENN) Stock Forecast, Price Target & Predictions
PENN Stock Forecast
PENN Entertainment stock forecast is as follows: an average price target of $41.32 (represents a 108.90% upside from PENN’s last price of $19.78) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.
PENN Price Target
PENN Analyst Ratings
PENN Entertainment Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Stephen Grambling | Morgan Stanley | $20.00 | $18.24 | 9.65% | 1.11% |
Aug 09, 2024 | Brandt Montour | Barclays | $23.00 | $18.72 | 22.86% | 16.28% |
Aug 08, 2024 | Carlo Santarelli | Deutsche Bank | $18.00 | $17.86 | 0.78% | -9.00% |
Jun 21, 2024 | Ryan Sigdahl | National Bank | $30.00 | $19.42 | 54.48% | 51.67% |
Jun 21, 2024 | Ryan Sigdahl | Craig-Hallum | $30.00 | $20.04 | 49.70% | 51.67% |
Jun 14, 2024 | Barry Jonas | Truist Financial | $25.00 | $17.82 | 40.29% | 26.39% |
May 31, 2024 | Joseph Stauff | Susquehanna | $26.00 | $15.92 | 63.34% | 31.45% |
May 14, 2024 | Bernie McTernan | Needham | $26.00 | $16.90 | 53.85% | 31.45% |
May 03, 2024 | Zachary Warring | CFRA | $24.00 | $15.19 | 58.05% | 21.33% |
May 03, 2024 | John DeCree | CBRE | $17.00 | $15.00 | 13.33% | -14.05% |
PENN Entertainment Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 5 | 15 |
Avg Price Target | $20.00 | $24.20 | $24.53 |
Last Closing Price | $19.78 | $19.78 | $19.78 |
Upside/Downside | 1.11% | 22.35% | 24.01% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | Susquehanna | Buy | Buy | Hold |
Sep 04, 2024 | Needham | Underperform | Underperform | Hold |
Sep 04, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Aug 09, 2024 | Susquehanna | Buy | Buy | Hold |
Aug 09, 2024 | Raymond James | Underperform | Underperform | Hold |
Aug 09, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 08, 2024 | Deutsche Bank | Hold | Hold | Hold |
Jul 12, 2024 | Truist Financial | Underperform | Underperform | Hold |
Jul 12, 2024 | Wells Fargo | Buy | Buy | Hold |
Jul 12, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
PENN Entertainment Financial Forecast
PENN 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.62B | $1.67B | $1.67B | $1.59B | $1.63B | - | $1.56B | $1.57B | $1.51B | $1.55B | $1.27B | $1.03B | $1.13B | $305.50M | $1.12B | $1.34B | $1.35B |
Avg Forecast | $1.90B | $1.81B | $1.80B | $1.81B | $1.83B | $1.76B | $1.73B | $1.76B | $1.74B | $1.69B | $1.65B | $1.63B | $1.53B | $1.62B | $1.66B | $1.59B | $1.58B | $1.58B | $1.60B | $1.53B | $1.51B | $1.51B | $1.47B | $1.14B | $1.08B | $1.10B | $242.99M | $1.23B | $1.35B | $1.37B |
High Forecast | $2.01B | $1.92B | $1.91B | $1.92B | $1.95B | $1.87B | $1.83B | $1.87B | $1.85B | $1.72B | $1.75B | $1.73B | $1.57B | $1.65B | $1.77B | $1.69B | $1.68B | $1.68B | $1.60B | $1.60B | $1.58B | $1.58B | $1.54B | $1.19B | $1.13B | $1.15B | $254.57M | $1.29B | $1.41B | $1.43B |
Low Forecast | $1.82B | $1.73B | $1.72B | $1.73B | $1.76B | $1.69B | $1.66B | $1.69B | $1.67B | $1.65B | $1.58B | $1.56B | $1.49B | $1.58B | $1.59B | $1.52B | $1.51B | $1.52B | $1.60B | $1.44B | $1.42B | $1.42B | $1.39B | $1.07B | $1.02B | $1.04B | $228.87M | $1.16B | $1.27B | $1.29B |
# Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 8 | 6 | 5 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.05% | 1.00% | 1.03% | - | 1.03% | 1.04% | 1.00% | 1.05% | 1.12% | 0.95% | 1.03% | 1.26% | 0.91% | 0.99% | 0.99% |
PENN 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 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 8 | 6 | 5 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-574.80M | $38.70M | $318.60M | $419.90M | $393.00M | - | $378.20M | $293.70M | $351.40M | $471.90M | $328.80M | $245.90M | $357.90M | $-45.70M | $-482.40M | $129.20M | $303.93M |
Avg Forecast | $397.90M | $379.14M | $377.31M | $379.29M | $384.65M | $368.76M | $362.34M | $368.72M | $364.63M | $354.33M | $346.68M | $618.24M | $321.03M | $338.72M | $348.99M | $562.03M | $330.99M | $533.79M | $335.09M | $510.94M | $398.99M | $485.27M | $350.12M | $277.10M | $378.07M | $322.77M | $-54.80M | $-24.51B | $115.33M | $345.37M |
High Forecast | $422.27M | $402.36M | $400.41M | $402.52M | $408.21M | $391.34M | $384.53M | $391.30M | $386.96M | $360.70M | $367.91M | $741.88M | $329.37M | $345.60M | $370.36M | $674.44M | $351.26M | $640.55M | $335.09M | $613.13M | $478.79M | $582.32M | $420.14M | $332.51M | $453.69M | $387.32M | $-43.84M | $-19.60B | $138.39M | $414.45M |
Low Forecast | $381.25M | $363.27M | $361.51M | $363.42M | $368.55M | $353.33M | $347.18M | $353.29M | $349.37M | $345.85M | $332.17M | $494.59M | $312.69M | $331.31M | $334.38M | $449.63M | $317.14M | $427.03M | $335.09M | $408.75M | $319.19M | $388.21M | $280.10M | $221.68M | $302.46M | $258.21M | $-65.76M | $-29.41B | $92.26M | $276.30M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.70% | 0.11% | 0.57% | 1.27% | 0.74% | - | 0.74% | 0.74% | 0.72% | 1.35% | 1.19% | 0.65% | 1.11% | 0.83% | 0.02% | 1.12% | 0.88% |
PENN 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 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 8 | 6 | 5 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-724.80M | $78.40M | $514.50M | $20.80M | $123.50M | - | $51.70M | $44.80M | $86.10M | $198.70M | $91.00M | $11.10M | $141.90M | $-214.40M | $-608.60M | $-92.50M | $43.90M |
Avg Forecast | $78.59M | $60.62M | $64.86M | $25.24M | $45.57M | $14.74M | $37.12M | $-778.14K | $-16.16M | $-40.05M | $-41.47M | $84.38M | $-82.11M | $56.10M | $63.33M | $76.71M | $64.75M | $130.79M | $76.06M | $69.73M | $61.13M | $118.90M | $147.42M | $76.69M | $17.07M | $127.97M | $-257.08M | $-30.92B | $-82.57M | $49.89M |
High Forecast | $84.85M | $65.45M | $70.02M | $27.25M | $49.20M | $15.91M | $40.07M | $-735.80K | $-15.28M | $-25.36M | $-39.21M | $101.26M | $-56.18M | $74.80M | $68.37M | $92.05M | $69.91M | $156.95M | $76.06M | $83.68M | $73.36M | $142.68M | $176.91M | $92.03M | $20.48M | $153.57M | $-205.66M | $-24.73B | $-66.05M | $59.86M |
Low Forecast | $74.32M | $57.32M | $61.33M | $23.87M | $43.09M | $13.94M | $35.10M | $-840.09K | $-17.45M | $-81.43M | $-44.77M | $67.50M | $-123.89M | $32.73M | $59.88M | $61.37M | $61.23M | $104.63M | $76.06M | $55.79M | $48.91M | $95.12M | $117.94M | $61.35M | $13.65M | $102.38M | $-308.49M | $-37.10B | $-99.08M | $39.91M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -12.92% | 1.24% | 6.71% | 0.32% | 0.94% | - | 0.74% | 0.73% | 0.72% | 1.35% | 1.19% | 0.65% | 1.11% | 0.83% | 0.02% | 1.12% | 0.88% |
PENN 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 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 8 | 6 | 5 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $406.40M | $380.30M | $392.90M | $263.20M | $277.90M | - | $295.50M | $333.70M | $376.50M | $316.50M | $326.20M | $302.10M | $317.60M | $204.10M | $307.00M | $304.10M | $309.70M |
Avg Forecast | $451.03M | $429.76M | $427.68M | $429.94M | $436.01M | $418.00M | $410.72M | $417.95M | $413.32M | $401.64M | $392.97M | $482.28M | $363.90M | $383.94M | $395.59M | $438.44M | $375.19M | $571.92M | $379.83M | $398.58M | $453.33M | $519.93M | $234.82M | $274.90M | $464.48M | $286.42M | $57.75M | $292.71M | $271.45M | $351.93M |
High Forecast | $478.65M | $456.08M | $453.88M | $456.27M | $462.71M | $443.60M | $435.88M | $443.55M | $438.63M | $408.86M | $417.04M | $578.74M | $373.35M | $391.75M | $419.81M | $526.13M | $398.16M | $686.31M | $379.83M | $478.30M | $543.99M | $623.91M | $281.79M | $329.89M | $557.37M | $343.71M | $60.50M | $306.67M | $325.74M | $422.32M |
Low Forecast | $432.15M | $411.77M | $409.78M | $411.94M | $417.76M | $400.50M | $393.53M | $400.46M | $396.02M | $392.02M | $376.52M | $385.83M | $354.45M | $375.55M | $379.03M | $350.75M | $359.48M | $457.54M | $379.83M | $318.87M | $362.66M | $415.94M | $187.86M | $219.92M | $371.58M | $229.14M | $54.39M | $275.71M | $217.16M | $281.55M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.96% | 0.90% | 0.70% | 0.49% | - | 0.74% | 0.74% | 0.72% | 1.35% | 1.19% | 0.65% | 1.11% | 3.53% | 1.05% | 1.12% | 0.88% |
PENN 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 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 8 | 6 | 5 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.80 | $0.51 | $3.35 | $0.13 | $0.78 | - | $0.31 | $0.27 | $0.55 | $1.27 | $0.58 | $0.07 | $1.02 | $-1.69 | $-5.26 | $-0.80 | $0.38 |
Avg Forecast | $0.52 | $0.40 | $0.43 | $0.17 | $0.30 | $0.10 | $0.24 | $-0.01 | $-0.11 | $-0.26 | $-0.27 | $-0.59 | $-0.54 | $0.37 | $0.42 | $0.38 | $0.43 | $0.36 | $0.50 | $0.43 | $0.52 | $0.85 | $0.93 | $0.26 | $0.25 | $0.53 | $-2.10 | $0.26 | $0.36 | $0.42 |
High Forecast | $0.56 | $0.43 | $0.46 | $0.18 | $0.32 | $0.10 | $0.26 | $-0.00 | $-0.10 | $-0.17 | $-0.26 | $-0.56 | $-0.37 | $0.49 | $0.45 | $0.41 | $0.46 | $0.39 | $0.50 | $0.45 | $0.55 | $0.90 | $0.99 | $0.27 | $0.26 | $0.56 | $-1.94 | $0.27 | $0.38 | $0.45 |
Low Forecast | $0.49 | $0.38 | $0.40 | $0.16 | $0.28 | $0.09 | $0.23 | $-0.01 | $-0.11 | $-0.54 | $-0.29 | $-0.64 | $-0.81 | $0.22 | $0.39 | $0.36 | $0.40 | $0.34 | $0.50 | $0.39 | $0.48 | $0.78 | $0.86 | $0.24 | $0.23 | $0.49 | $-2.23 | $0.24 | $0.33 | $0.39 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -13.01% | 1.22% | 8.79% | 0.31% | 2.16% | - | 0.73% | 0.52% | 0.65% | 1.37% | 2.26% | 0.28% | 1.93% | 0.81% | -20.32% | -2.21% | 0.90% |
PENN Entertainment Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PENN | PENN Entertainment | $19.78 | $41.32 | 108.90% | Buy |
CZR | Caesars Entertainment | $40.25 | $73.08 | 81.57% | Buy |
MGM | MGM Resorts | $37.21 | $52.84 | 42.00% | Buy |
WYNN | Wynn Resorts | $80.00 | $109.82 | 37.27% | Buy |
DKNG | DraftKings | $38.95 | $46.71 | 19.92% | Buy |
BYD | Boyd Gaming | $62.57 | $74.75 | 19.47% | Buy |
PENN Forecast FAQ
Is PENN Entertainment a good buy?
Yes, according to 25 Wall Street analysts, PENN Entertainment (PENN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 68.00% of PENN's total ratings.
What is PENN's price target?
PENN Entertainment (PENN) average price target is $41.32 with a range of $17 to $115, implying a 108.90% from its last price of $19.78. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PENN Entertainment stock go up soon?
According to Wall Street analysts' prediction for PENN stock, the company can go up by 108.90% (from the last price of $19.78 to the average price target of $41.32), up by 481.40% based on the highest stock price target, and down by -14.05% based on the lowest stock price target.
Can PENN Entertainment stock reach $30?
PENN's average twelve months analyst stock price target of $41.32 supports the claim that PENN Entertainment can reach $30 in the near future.
What is PENN Entertainment's current price target trend?
1 Wall Street analyst forecast a $20 price target for PENN Entertainment (PENN) this month, up 1.11% from its last price of $19.78. Compared to the last 3 and 12 months, the average price target increased by 22.35% and increased by 24.01%, respectively.
What are PENN Entertainment's analysts' financial forecasts?
PENN Entertainment's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.08B (high $7.51B, low $6.78B), average EBITDA is $1.48B (high $1.58B, low $1.42B), average net income is $96.65M (high $104.45M, low $91.29M), average SG&A $1.68B (high $1.79B, low $1.61B), and average EPS is $0.635 (high $0.687, low $0.6). PENN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.31B (high $7.76B, low $7.01B), average EBITDA is $1.53B (high $1.63B, low $1.47B), average net income is $229.32M (high $247.57M, low $216.84M), average SG&A $1.74B (high $1.84B, low $1.67B), and average EPS is $1.51 (high $1.63, low $1.43).
Did the PENN's actual financial results beat the analysts' financial forecasts?
Based on PENN Entertainment's last annual report (Dec 2022), the company's revenue was $6.4B, beating the average analysts forecast of $6.29B by 1.82%. Apple's EBITDA was $1.63B, missing the average prediction of $1.71B by -4.75%. The company's net income was $222.1M, missing the average estimation of $341.34M by -34.93%. Apple's SG&A was $1.11B, missing the average forecast of $1.73B by -35.65%. Lastly, the company's EPS was $1.37, missing the average prediction of $1.71 by -20.05%. In terms of the last quarterly report (Sep 2023), PENN Entertainment's revenue was $1.62B, beating the average analysts' forecast of $1.62B by 0.24%. The company's EBITDA was $-575M, missing the average prediction of $338.72M by -269.70%. PENN Entertainment's net income was $-725M, missing the average estimation of $56.1M by -1391.93%. The company's SG&A was $406.4M, beating the average forecast of $383.94M by 5.85%. Lastly, the company's EPS was $-4.8, missing the average prediction of $0.369 by -1401.34%