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NASDAQ: PENN
Penn Entertainment Inc Stock Forecast, Predictions & Price Target

Analyst price target for PENN

Based on 8 analysts offering 12 month price targets for Penn Entertainment Inc.
Min Forecast
$22.00+23.32%
Avg Forecast
$27.25+52.75%
Max Forecast
$33.00+84.98%

Should I buy or sell PENN stock?

Based on 8 analysts offering ratings for Penn Entertainment Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PENN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-02-16
Macquarie
Bottom 14%
14
BuyMaintains$33.00+84.98%2024-02-16
Needham
Bottom 2%
2
BuyMaintains$32.00+79.37%2024-02-16
Bank of America
Bottom 14%
14
Strong BuyUpgrades$30.00+68.16%2023-11-20

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Forecast return on equity

Is PENN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.57%

Forecast return on assets

Is PENN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

PENN revenue forecast

What is PENN's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$6.8B+6.73%
Avg 2 year Forecast
$7.2B+12.41%
Avg 3 year Forecast
$7.3B+15.11%
PENN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PENN revenue growth forecast

How is PENN forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
5.64%
Industry
5.22%
Market
9.23%
PENN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PENN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PENN vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
PENN$17.84$27.25+52.75%Strong Buy
MLCO$6.27$10.75+71.45%Buy
VAC$103.17$109.71+6.34%Buy
MSC$7.23N/AN/A
MCRI$68.92$73.33+6.40%Hold

Penn Entertainment Stock Forecast FAQ

Is Penn Entertainment Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: PENN) stock is to Strong Buy PENN stock.

Out of 8 analysts, 4 (50%) are recommending PENN as a Strong Buy, 2 (25%) are recommending PENN as a Buy, 2 (25%) are recommending PENN as a Hold, 0 (0%) are recommending PENN as a Sell, and 0 (0%) are recommending PENN as a Strong Sell.

If you're new to stock investing, here's how to buy Penn Entertainment stock.

What is PENN's revenue growth forecast for 2024-2026?

(NASDAQ: PENN) Penn Entertainment's forecast annual revenue growth rate of 5.64% is forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 5.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Penn Entertainment's revenue in 2024 is $6,362,900,000.On average, 7 Wall Street analysts forecast PENN's revenue for 2024 to be $1,035,142,141,808, with the lowest PENN revenue forecast at $994,924,242,109, and the highest PENN revenue forecast at $1,051,719,614,430. On average, 7 Wall Street analysts forecast PENN's revenue for 2025 to be $1,090,185,264,908, with the lowest PENN revenue forecast at $1,050,159,112,732, and the highest PENN revenue forecast at $1,148,000,648,694.

In 2026, PENN is forecast to generate $1,116,392,182,276 in revenue, with the lowest revenue forecast at $1,083,612,806,105 and the highest revenue forecast at $1,176,779,543,562.

What is PENN's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: PENN) forecast ROA is N/A, which is lower than the forecast US Resorts & Casinos industry average of N/A.

What is PENN's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PENN price target, the average PENN price target is $27.25, with the highest PENN stock price forecast at $33.00 and the lowest PENN stock price forecast at $22.00.

On average, Wall Street analysts predict that Penn Entertainment's share price could reach $27.25 by Apr 23, 2025. The average Penn Entertainment stock price prediction forecasts a potential upside of 52.75% from the current PENN share price of $17.84.

What is PENN's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: PENN) forecast ROE is N/A, which is considered weak.
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