Bally's Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Bally's stock have an average target of 18, with a low estimate of 17 and a high estimate of 18.25. The average target predicts an increase of 1.24% from the current stock price of 17.78.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$18	$18.25	$18.25
Change	-4.39%	+1.24%	+2.64%	+2.64%

* Price targets were last updated on Aug 2, 2024.

Analyst Ratings

The average analyst rating for Bally's stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Katz Jefferies	Jefferies	Strong Buy Maintains $13 → $17	Strong Buy	Maintains	$13 → $17	-4.39%	Aug 2, 2024
Brandt Montour Barclays	Barclays	Hold Maintains $10 → $18	Hold	Maintains	$10 → $18	+1.24%	Aug 1, 2024
Jeffrey Stantial Stifel	Stifel	Hold Maintains $14 → $18	Hold	Maintains	$14 → $18	+2.64%	Aug 1, 2024
Daniel Politzer Wells Fargo	Wells Fargo	Sell → Hold Upgrades $11 → $18	Sell → Hold	Upgrades	$11 → $18	+2.64%	Jul 29, 2024
Lance Vitanza TD Cowen	TD Cowen	Strong Buy → Hold Downgrades $15 → $18	Strong Buy → Hold	Downgrades	$15 → $18	+2.64%	Jul 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.52B

from 2.45B

3.06%

from 2.45B

Revenue Next Year

2.53B

from 2.52B

0.36%

from 2.52B

EPS This Year

-10.72

from -3.51

EPS Next Year

-2.24

from -10.72

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	523.58M	372.79M	1.32B	2.26B	2.45B	2.52B	2.53B	2.64B
Revenue Growth	19.66%	-28.80%	254.74%	70.57%	8.57%	3.06%	0.36%	4.15%
EPS	1.46	-0.18	-2.31	-7.32	-3.51	-10.72	-2.24	-2.89
EPS Growth	-21.93%	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	11	11	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	2.6B	2.7B	2.8B
Avg	2.5B	2.5B	2.6B
Low	2.4B	2.3B	2.5B

Revenue Growth

Revenue Growth	2024	2025	2026
High	7.1%	8.8%	10.0%
Avg	3.1%	0.4%	4.1%
Low	-1.8%	-8.4%	-3.2%

EPS Forecast

EPS	2024	2025	2026
High	-10.45	-0.78	-1.39
Avg	-10.72	-2.24	-2.89
Low	-11.25	-4.62	-4.75

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.