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Red Rock Resorts (RRR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

RRR Stock Forecast

Red Rock Resorts (RRR) stock forecast, based on 24 Wall Street analysts, predicts a 12-month average price target of $50.00, with a high of $58.00 and a low of $44.00. This represents a 22.67% increase from the last price of $40.76.

$40 $44 $48 $52 $56 $60 High: $58 Avg: $50 Low: $44 Last Closed Price: $40.76

RRR Stock Rating

Red Rock Resorts stock's rating consensus is Buy, based on 24 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (58.33%), 10 Hold (41.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 24 0 10 14 Strong Sell Sell Hold Buy Strong Buy

RRR Price Target Upside V Benchmarks

TypeNameUpside
StockRed Rock Resorts22.67%
SectorConsumer Cyclical Stocks 27.48%
IndustryGambling, Resorts & Casinos Stocks 50.47%

Price Target Trends

1M3M12M
# Anlaysts--11
Avg Price Target--$56.82
Last Closing Price$40.76$40.76$40.76
Upside/Downside--39.40%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25246--12
Mar, 25347--14
Feb, 25347--14
Jan, 25357--15
Dec, 24356--14
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 14, 2025Barry JonasTruist Financial$49.00$44.799.40%20.22%
Jan 14, 2025Stephen GramblingMorgan Stanley$48.00$44.797.17%17.76%
Jan 03, 2025Cassandra LeeJefferies$51.00$44.7214.04%25.12%
Nov 25, 2024Ben ChaikenMizuho Securities$44.00$50.85-13.47%7.95%
Oct 23, 2024Barry JonasTruist Financial$58.00$51.0713.57%42.30%
Oct 17, 2024Daniel PolitzerWells Fargo$58.00$52.2910.92%42.30%
Sep 18, 2024Carlo SantarelliDeutsche Bank$65.00$53.8720.66%59.47%
Jul 24, 2024Chad BeynonMacquarie$65.00$56.3815.29%59.47%
Jul 24, 2024Barry JonasTruist Financial$63.00$60.713.77%54.56%
Apr 23, 2024Barry JonasTruist Financial$60.00$58.362.81%47.20%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025Morgan StanleyOverweightOverweighthold
Jan 03, 2025JefferiesBuyHolddowngrade
Oct 23, 2024Morgan StanleyUnderperformUnderperformhold
Oct 17, 2024SusquehannaUnderperformUnderperformhold
Oct 17, 2024Wells FargoEqual-WeightEqual-Weighthold
Sep 18, 2024Deutsche BankBuyBuyhold
Sep 04, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Jul 30, 2024William BlairOutperformOutperformhold
Jul 24, 2024MacquarieOutperformOutperformhold
Jul 24, 2024SusquehannaPositivePositivehold

Financial Forecast

EPS Forecast

$-3 $-1 $1 $3 $5 $7 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-2.47$5.14$6.62$5.25$6.19---
Avg Forecast$-1.60$1.29$1.66$1.59$1.52$1.75$1.96$3.41
High Forecast$-1.57$1.33$1.71$1.66$1.58$2.05$2.24$3.53
Low Forecast$-1.64$1.26$1.62$1.49$1.49$1.49$1.77$3.30
Surprise %54.38%298.45%298.80%230.19%307.24%---

Revenue Forecast

$1B $1B $2B $2B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.18B$1.62B$1.66B$1.72B$1.94B---
Avg Forecast$1.18B$1.60B$1.66B$1.70B$1.93B$1.95B$2.04B$2.04B
High Forecast$1.21B$1.64B$1.70B$1.72B$1.94B$2.00B$2.04B$2.04B
Low Forecast$1.16B$1.58B$1.63B$1.69B$1.92B$1.90B$2.04B$2.04B
Surprise %0.10%0.83%0.15%1.22%0.29%---

Net Income Forecast

$-3B $-2B $-1B $-700M $-100M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-174.54M$354.83M$390.35M$176.00M$365.12M---
Avg Forecast$-1.63B$50.49M$342.54M$176.00M$158.39M$179.94M$205.35M$352.15M
High Forecast$-1.22B$141.78M$411.05M$211.20M$163.29M$211.65M$231.12M$363.92M
Low Forecast$-2.04B$-40.79M$274.03M$140.80M$153.49M$153.65M$182.63M$340.39M
Surprise %-89.28%602.72%13.96%-130.52%---

RRR Forecast FAQ

Is Red Rock Resorts stock a buy?

Red Rock Resorts stock has a consensus rating of Buy, based on 24 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 10 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Red Rock Resorts is a favorable investment for most analysts.

What is Red Rock Resorts's price target?

Red Rock Resorts's price target, set by 24 Wall Street analysts, averages $50 over the next 12 months. The price target range spans from $44 at the low end to $58 at the high end, suggesting a potential 22.67% change from the previous closing price of $40.76.

How does Red Rock Resorts stock forecast compare to its benchmarks?

Red Rock Resorts's stock forecast shows a 22.67% upside, underperforming the average forecast for the consumer cyclical stocks sector (27.48%) and underperforming the gambling, resorts & casinos stocks industry (50.47%).

What is the breakdown of analyst ratings for Red Rock Resorts over the past three months?

  • April 2025: 16.67% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 21.43% Strong Buy, 28.57% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 21.43% Strong Buy, 28.57% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Red Rock Resorts’s EPS forecast?

Red Rock Resorts's average annual EPS forecast for its fiscal year ending in December 2025 is $1.75, marking a -71.73% decrease from the reported $6.19 in 2024. Estimates for the following years are $1.96 in 2026, and $3.41 in 2027.

What is Red Rock Resorts’s revenue forecast?

Red Rock Resorts's average annual revenue forecast for its fiscal year ending in December 2025 is $1.95B, reflecting a 0.33% increase from the reported $1.94B in 2024. The forecast for 2026 is $2.04B, and $2.04B for 2027.

What is Red Rock Resorts’s net income forecast?

Red Rock Resorts's net income forecast for the fiscal year ending in December 2025 stands at $179.94M, representing a -50.72% decrease from the reported $365.12M in 2024. Projections indicate $205.35M in 2026, and $352.15M in 2027.