PENN Entertainment, Inc. (PENN)
NASDAQ: PENN · Real-Time Price · USD
18.62
+0.45 (2.48%)
Dec 20, 2024, 4:00 PM EST - Market closed
PENN Entertainment Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for PENN Entertainment stock have an average target of 23.47, with a low estimate of 17.5 and a high estimate of 30. The average target predicts an increase of 26.05% from the current stock price of 18.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PENN stock from 19 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 5 | 5 | 6 |
| Hold | 8 | 9 | 10 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 18 | 19 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $19 → $27 | Hold → Buy | Upgrades | $19 → $27 | +45.01% | Dec 13, 2024 |
| Macquarie | Macquarie | Buy Maintains $26 → $27 | Buy | Maintains | $26 → $27 | +45.01% | 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 | +39.63% | Nov 8, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +34.26% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
6.74B
from 6.36B
Increased by 5.97%
Revenue Next Year
7.12B
from 6.74B
Increased by 5.61%
EPS This Year
-1.53
from -3.22
EPS Next Year
0.78
from -1.53
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.0B | 7.5B | 7.9B | |||
| Avg | 6.7B | 7.1B | 7.5B | |||
| Low | 6.4B | 6.7B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.3% | 11.0% | 10.8% | |||
| Avg | 6.0% | 5.6% | 5.0% | |||
| Low | 0.9% | -0.9% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.37 | 1.29 | 2.44 | |||
| Avg | -1.53 | 0.78 | 1.85 | |||
| Low | -1.61 | 0.45 | 1.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | 211.3% | |||
| Avg | - | - | 135.9% | |||
| Low | - | - | 45.3% |
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.