PENN Entertainment, Inc. (PENN)
NASDAQ: PENN · Real-Time Price · USD
20.22
+0.20 (1.00%)
At close: Nov 21, 2024, 4:00 PM
19.92
-0.30 (-1.48%)
After-hours: Nov 21, 2024, 5:24 PM EST

PENN Entertainment Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for PENN Entertainment stock have an average target of 23.23, with a low estimate of 17.5 and a high estimate of 30. The average target predicts an increase of 14.89% from the current stock price of 20.22.

Analyst Consensus: Buy
Target Low Average Median High
Price $17.5 $23.23 $23 $30
Change -13.45% +14.89% +13.75% +48.37%

Analyst Ratings

The average analyst rating for PENN stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 555544
Buy 444455
Hold 8891099
Sell 000000
Strong Sell 000000
Total 171718191818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Macquarie
Macquarie
Buy
Maintains
$26$27
Buy Maintains $26$27 +33.53% Nov 8, 2024
Benchmark
Benchmark
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 8, 2024
Needham
Needham
Strong Buy
Reiterates
$26
Strong Buy Reiterates $26 +28.59% Nov 8, 2024
Susquehanna
Susquehanna
Buy
Maintains
$26$25
Buy Maintains $26$25 +23.64% Nov 4, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$25$23
Strong Buy Maintains $25$23 +13.75% Oct 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.79B
from 6.36B
Increased by 6.63%
Revenue Next Year
7.17B
from 6.79B
Increased by 5.63%
EPS This Year
-1.43
from -3.22
EPS Next Year
0.80
from -1.43
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.30B3.58B5.91B6.40B6.36B6.79B7.17B7.49B
Revenue Growth
50.16%-32.50%65.00%8.41%-0.61%6.63%5.63%4.51%
EPS
0.37-5.002.481.29-3.22-1.430.801.96
EPS Growth
-60.22%---47.91%---143.66%
Forward PE
------25.1210.31
No. Analysts -----191912
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 7.4B 7.6B 8.0B
Avg 6.8B 7.2B 7.5B
Low 6.4B 6.7B 6.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
17.0%
12.2%
11.3%
Avg
6.6%
5.6%
4.5%
Low
1.0%
-1.6%
-4.5%

EPS Forecast

EPS 20242025202620272028
High -1.37 1.29 2.87
Avg -1.43 0.80 1.96
Low -1.48 0.50 1.14

EPS Growth

EPS Growth 20242025202620272028
High - -
256.1%
Avg - -
143.7%
Low - -
41.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.