Red Rock Resorts, Inc. (RRR)
NASDAQ: RRR · Real-Time Price · USD
52.60
+1.38 (2.69%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Red Rock Resorts Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Red Rock Resorts stock have an average target of 62.58, with a low estimate of 55 and a high estimate of 70. The average target predicts an increase of 18.97% from the current stock price of 52.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RRR stock from 12 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 7 | 7 | 6 | 6 | 5 | 5 |
| Hold | 4 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $63 → $58 | Hold | Maintains | $63 → $58 | +10.27% | Oct 23, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $64 → $58 | Hold | Maintains | $64 → $58 | +10.27% | Oct 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $65 | Buy | Reiterates | $65 | +23.57% | Oct 14, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $54 → $56 | Hold | Maintains | $54 → $56 | +6.46% | Sep 4, 2024 |
| Barclays | Barclays | Buy Maintains $63 → $65 | Buy | Maintains | $63 → $65 | +23.57% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
1.97B
from 1.72B
Increased by 14.15%
Revenue Next Year
2.04B
from 1.97B
Increased by 3.66%
EPS This Year
2.08
from 2.94
Decreased by -29.21%
EPS Next Year
2.86
from 2.08
Increased by 37.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 2.3B |
| Avg | 2.0B | 2.0B | 2.1B |
| Low | 1.9B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.0% | 11.3% | 14.9% |
| Avg | 14.1% | 3.7% | 4.0% |
| Low | 9.7% | -2.0% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.38 | 4.61 | 3.81 |
| Avg | 2.08 | 2.86 | 2.55 |
| Low | 1.50 | 1.76 | 1.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.9% | 121.2% | 33.1% |
| Avg | -29.2% | 37.4% | -11.0% |
| Low | -49.1% | -15.3% | -34.6% |
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.