PENN Entertainment, Inc. (PENN)
NASDAQ: PENN · IEX Real-Time Price · USD
16.36
+0.10 (0.62%)
Apr 18, 2024, 12:43 PM EDT - Market open
PENN Entertainment Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for PENN Entertainment stock have an average target of 30.77, with a low estimate of 22 and a high estimate of 42. The average target predicts an increase of 88.08% from the current stock price of 16.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PENN stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 3 | 3 | 4 | 4 | 3 |
| Hold | 10 | 9 | 9 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 15 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +34.47% | Apr 9, 2024 |
| Mizuho | Mizuho | Strong Buy Initiates $29 | Strong Buy | Initiates | $29 | +77.26% | Mar 26, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $23 → $21 | Hold | Maintains | $23 → $21 | +28.36% | Feb 28, 2024 |
| Stifel | Stifel | Hold Maintains $27 → $23 | Hold | Maintains | $27 → $23 | +40.59% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
6.99B
from 6.36B
Increased by 9.89%
Revenue Next Year
7.38B
from 6.99B
Increased by 5.53%
EPS This Year
-0.68
from -3.22
EPS Next Year
1.18
from -0.68
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.4B | 7.9B | 8.4B | 10.1B | 10.7B |
| Avg | 7.0B | 7.4B | 7.9B | 8.9B | 9.4B |
| Low | 6.4B | 6.6B | 7.0B | 7.7B | 8.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.9% | 13.1% | 14.5% | 28.0% | 20.1% |
| Avg | 9.9% | 5.5% | 6.5% | 13.4% | 5.4% |
| Low | 1.2% | -6.0% | -5.1% | -1.7% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.35 | 1.69 | 3.38 |
| Avg | -0.68 | 1.18 | 2.34 |
| Low | -1.06 | 0.24 | 1.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 187.5% |
| Avg | - | - | 99.1% |
| Low | - | - | 55.8% |
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.