Red Rock Resorts, Inc. (RRR)
NASDAQ: RRR · Real-Time Price · USD
46.73
-0.01 (-0.02%)
At close: Jan 17, 2025, 4:00 PM
46.50
-0.23 (-0.49%)
After-hours: Jan 17, 2025, 7:02 PM EST

Red Rock Resorts Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Red Rock Resorts stock have an average target of 58.86, with a low estimate of 44 and a high estimate of 70. The average target predicts an increase of 25.96% from the current stock price of 46.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $44 $58.86 $62 $70
Change -5.84% +25.96% +32.68% +49.80%

Analyst Ratings

The average analyst rating for RRR stock from 14 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 '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 222111
Buy 655556
Hold 555667
Sell 000000
Strong Sell 000000
Total 131212121214

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Maintains
$61$57
Buy Maintains $61$57 +21.98% Jan 16, 2025
Truist Securities
Truist Securities
Hold
Maintains
$56$49
Hold Maintains $56$49 +4.86% Jan 14, 2025
Jefferies
Jefferies
Hold
Downgrades
$64$51
Hold Downgrades $64$51 +9.14% Jan 3, 2025
Mizuho
Mizuho
Hold
Downgrades
$57$44
Hold Downgrades $57$44 -5.84% Nov 25, 2024
Mizuho
Mizuho
Buy
Reiterates
$67$57
Buy Reiterates $67$57 +21.98% Nov 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.96B
from 1.72B
Increased by 13.51%
Revenue Next Year
1.97B
from 1.96B
Increased by 0.87%
EPS This Year
1.45
from 2.94
Decreased by -50.72%
EPS Next Year
2.11
from 1.45
Increased by 45.38%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.86B1.18B1.62B1.66B1.72B1.96B1.97B2.07B
Revenue Growth
10.44%-36.31%36.83%2.84%3.62%13.51%0.87%4.81%
EPS
-0.05-2.132.843.362.941.452.112.05
EPS Growth
---18.13%-12.36%-50.72%45.38%-2.82%
Forward PE
-----32.2222.1622.80
No. Analysts -----14149
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.1B 2.1B 2.3B
Avg 2.0B 2.0B 2.1B
Low 1.9B 1.9B 1.9B

Revenue Growth

Revenue Growth 2024202520262027
High
19.7%
8.8%
14.4%
Avg
13.5%
0.9%
4.8%
Low
9.2%
-5.0%
-1.6%

EPS Forecast

EPS 202420252026
High 1.58 4.23 2.45
Avg 1.45 2.11 2.05
Low 1.38 1.45 1.68

EPS Growth

EPS Growth 202420252026
High
-46.5%
191.8%
16.0%
Avg
-50.7%
45.4%
-2.8%
Low
-53.1%
0.0%
-20.5%
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.