PENN Entertainment, Inc. (PENN)
NASDAQ: PENN · IEX Real-Time Price · USD
18.81
+0.03 (0.16%)
At close: Jul 2, 2024, 4:00 PM
18.80
-0.01 (-0.05%)
After-hours: Jul 2, 2024, 7:53 PM EDT
PENN Entertainment Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for PENN Entertainment stock have an average target of 24.9, with a low estimate of 17.5 and a high estimate of 33. The average target predicts an increase of 32.38% from the current stock price of 18.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PENN stock from 17 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 6 | 4 | 5 |
| Buy | 3 | 4 | 4 | 4 | 5 | 5 |
| Hold | 9 | 7 | 7 | 7 | 8 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 16 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $26 | Buy | Maintains | $26 | +38.22% | Jun 21, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $20 → $30 | Hold → Strong Buy | Upgrades | $20 → $30 | +59.49% | Jun 21, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $23 → $25 | Strong Buy | Maintains | $23 → $25 | +32.91% | Jun 14, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 4, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | +38.22% | May 31, 2024 |
Financial Forecast
Revenue This Year
6.82B
from 6.36B
Increased by 7.20%
Revenue Next Year
7.24B
from 6.82B
Increased by 6.13%
EPS This Year
-1.34
from -3.22
EPS Next Year
0.86
from -1.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1B | 7.6B | 8.1B | 8.7B | 9.2B |
| Avg | 6.8B | 7.2B | 7.7B | 8.3B | 8.8B |
| Low | 6.5B | 6.8B | 7.1B | 8.0B | 8.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.3% | 11.5% | 12.0% | 12.9% | 9.6% |
| Avg | 7.2% | 6.1% | 5.9% | 8.9% | 5.1% |
| Low | 1.4% | -0.3% | -1.7% | 3.9% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.22 | 1.63 | 3.16 | 4.78 | 6.37 |
| Avg | -1.34 | 0.86 | 1.93 | 4.64 | 6.19 |
| Low | -1.53 | 0.15 | 1.20 | 4.46 | 5.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 267.6% | 147.6% | 37.3% |
| Avg | - | - | 124.5% | 140.5% | 33.4% |
| Low | - | - | 39.1% | 131.1% | 28.2% |
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.