PENN Entertainment, Inc. (PENN)
NASDAQ: PENN · Real-Time Price · USD
20.65
+0.63 (3.15%)
At close: Jan 21, 2025, 4:00 PM
20.45
-0.20 (-0.97%)
After-hours: Jan 21, 2025, 6:12 PM EST
PENN Entertainment Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for PENN Entertainment stock have an average target of 23.38, with a low estimate of 17.5 and a high estimate of 30. The average target predicts an increase of 13.22% from the current stock price of 20.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PENN stock from 21 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Hold | 9 | 10 | 9 | 9 | 9 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 18 | 18 | 19 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jan 16, 2025 |
| Jefferies | Jefferies | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +6.54% | Jan 3, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $19 → $27 | Hold → Buy | Upgrades | $19 → $27 | +30.75% | Dec 13, 2024 |
| Macquarie | Macquarie | Buy Maintains $26 → $27 | Buy | Maintains | $26 → $27 | +30.75% | Nov 8, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 8, 2024 |
Financial Forecast
Revenue This Year
6.74B
from 6.36B
Increased by 5.90%
Revenue Next Year
7.11B
from 6.74B
Increased by 5.54%
EPS This Year
-1.50
from -3.22
EPS Next Year
0.75
from -1.50
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% | 11.1% | 11.0% | |||
| Avg | 5.9% | 5.5% | 5.0% | |||
| Low | 0.7% | -0.9% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.33 | 1.29 | 2.44 | |||
| Avg | -1.50 | 0.75 | 1.77 | |||
| Low | -1.61 | 0.39 | 1.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | 225.3% | |||
| Avg | - | - | 136.3% | |||
| Low | - | - | 51.8% |
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.