PENN Entertainment, Inc. (PENN)

PENN Entertainment Stock Forecast

Stock Price Forecast

The 13 analysts that cover PENN Entertainment stock have a consensus rating of "Buy" and an average price target of $20.31, which forecasts a 30.11% increase in the stock price over the next year. The lowest target is $16 and the highest is $24.

Price Target: $20.31 (+30.11%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$20.31	$21	$24
Change	+2.50%	+30.11%	+34.53%	+53.75%

Analyst Ratings

The average analyst rating for PENN Entertainment stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	2	3	3
Buy	8	8	7	7	6	6
Hold	7	7	6	7	6	5
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	16	16	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Grambling Morgan Stanley	Morgan Stanley	Hold Maintains $15 → $16	Hold	Maintains	$15 → $16	+2.50%	Apr 8, 2026
Ben Chaiken Mizuho	Mizuho	Buy Maintains $19 → $22	Buy	Maintains	$19 → $22	+40.94%	Mar 12, 2026
Mike Hickey Benchmark	Benchmark	Hold → Strong Buy Upgrades $21	Hold → Strong Buy	Upgrades	$21	+34.53%	Mar 5, 2026
James Hardiman Citigroup	Citigroup	Hold Maintains $15 → $16	Hold	Maintains	$15 → $16	+2.50%	Mar 2, 2026
Trey Bowers Wells Fargo	Wells Fargo	Sell → Hold Upgrades $15 → $16	Sell → Hold	Upgrades	$15 → $16	+2.50%	Feb 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.42B

Increased by 6.52%

from 6.96B

Revenue Next Year

7.70B

Increased by 3.82%

from 7.42B

EPS This Year

1.18

from -5.83

EPS Next Year

1.76

Increased by 49.53%

from 1.18

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.91B	6.40B	6.36B	6.58B	6.96B	7.42B	7.70B
Revenue Growth	65.00%	8.41%	-0.61%	3.38%	5.82%	6.52%	3.82%
EPS	2.48	1.29	-3.22	-2.05	-5.83	1.18	1.76
EPS Growth	-	-47.91%	-	-	-	-	49.53%
Forward PE	-	-	-	-	-	13.24	8.86
No. Analysts	-	-	-	-	-	18	15

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	7.8B	8.2B
Avg	7.4B	7.7B
Low	6.6B	6.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	12.2%	10.4%
Avg	6.5%	3.8%
Low	-4.7%	-10.0%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	1.70	3.13
Avg	1.18	1.76
Low	0.83	0.70

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	-	165.4%
Avg	-	49.5%
Low	-	-40.6%

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.