Caesars Entertainment, Inc. (CZR)
NASDAQ: CZR · IEX Real-Time Price · USD
36.86
+0.30 (0.82%)
At close: Jul 19, 2024, 4:00 PM
37.46
+0.60 (1.63%)
Pre-market: Jul 22, 2024, 4:59 AM EDT
Caesars Entertainment Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for CZR stock have an average target of 53.36, with a low estimate of 33 and a high estimate of 63. The average target predicts an increase of 44.76% from the current stock price of 36.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CZR stock from 14 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 5 | 5 | 6 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $54 → $53 | Buy | Maintains | $54 → $53 | +43.79% | Jul 16, 2024 |
| Susquehanna | Susquehanna | Hold → Sell Downgrades $44 → $33 | Hold → Sell | Downgrades | $44 → $33 | -10.47% | Jul 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $43 → $41 | Hold | Maintains | $43 → $41 | +11.23% | Jul 12, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $65 → $62 | Strong Buy | Maintains | $65 → $62 | +68.20% | Jul 11, 2024 |
| Raymond James | Raymond James | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | +49.21% | May 21, 2024 |
Financial Forecast
Revenue This Year
11.72B
from 11.53B
Increased by 1.67%
Revenue Next Year
12.23B
from 11.72B
Increased by 4.37%
EPS This Year
-0.00
from 3.64
EPS Next Year
1.81
from -0.00
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.4B | 13.2B | 13.4B | 14.2B | 14.8B |
| Avg | 11.7B | 12.2B | 11.1B | 13.7B | 14.2B |
| Low | 11.1B | 11.5B | 577.0M | 13.3B | 13.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0% | 12.8% | 9.7% | 28.5% | 8.2% |
| Avg | 1.7% | 4.4% | -9.6% | 23.6% | 4.1% |
| Low | -3.4% | -1.9% | -95.3% | 19.9% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.11 | 4.79 | 3.33 | 4.64 | 6.29 |
| Avg | -0.00 | 1.81 | 2.50 | 4.46 | 6.05 |
| Low | -0.84 | 0.57 | 1.45 | 4.33 | 5.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -69.4% | - | 83.5% | 85.4% | 40.9% |
| Avg | - | - | 38.0% | 78.4% | 35.5% |
| Low | - | - | -20.0% | 73.1% | 31.5% |
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.