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NASDAQ: RRR
Red Rock Resorts Inc Stock Forecast, Predictions & Price Target

Analyst price target for RRR

Based on 12 analysts offering 12 month price targets for Red Rock Resorts Inc.
Min Forecast
$53.00-11.45%
Avg Forecast
$60.67+1.37%
Max Forecast
$69.00+15.29%

Should I buy or sell RRR stock?

Based on 12 analysts offering ratings for Red Rock Resorts Inc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
2 analysts 16.67%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RRR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-02-08
JMP Securities
Top 16%
85
BuyMaintains$61.00+1.92%2024-02-08
Susquehanna
Top 5%
96
Strong BuyMaintains$66.00+10.28%2024-02-08
Wells Fargo
Top 16%
85
Strong BuyMaintains$62.00+3.59%2024-02-08
Deutsche Bank
Top 9%
92
Strong BuyMaintains$62.00+3.59%2024-01-24
Macquarie
Bottom 14%
14
BuyUpgrades$58.00-3.09%2024-01-17

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Forecast return on equity

Is RRR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.19%

Forecast return on assets

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

RRR revenue forecast

What is RRR's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.9B+12.26%
Avg 2 year Forecast
$2.0B+15.82%
Avg 3 year Forecast
$2.0B+16.53%
RRR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RRR earnings growth forecast

How is RRR forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
-46.2%
Industry
14.44%
Market
28.48%
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RRR revenue growth forecast

How is RRR forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
7.26%
Industry
7.15%
Market
9.48%
RRR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RRR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RRR vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
RRR$59.85$60.67+1.37%Strong Buy
BYD$64.40$74.63+15.88%Buy
HGV$43.53$58.40+34.16%Strong Buy
MTN$226.97$252.57+11.28%Buy
CZR$40.10$58.78+46.58%Strong Buy

Red Rock Resorts Stock Forecast FAQ

Is Red Rock Resorts Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: RRR) stock is to Strong Buy RRR stock.

Out of 12 analysts, 7 (58.33%) are recommending RRR as a Strong Buy, 2 (16.67%) are recommending RRR as a Buy, 3 (25%) are recommending RRR as a Hold, 0 (0%) are recommending RRR as a Sell, and 0 (0%) are recommending RRR as a Strong Sell.

If you're new to stock investing, here's how to buy Red Rock Resorts stock.

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

(NASDAQ: RRR) Red Rock Resorts's forecast annual revenue growth rate of 7.26% is forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 7.15%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.48%.

Red Rock Resorts's revenue in 2024 is $1,724,086,000.On average, 7 Wall Street analysts forecast RRR's revenue for 2024 to be $203,586,163,574, with the lowest RRR revenue forecast at $199,920,567,480, and the highest RRR revenue forecast at $214,129,380,621. On average, 7 Wall Street analysts forecast RRR's revenue for 2025 to be $210,048,396,586, with the lowest RRR revenue forecast at $203,997,659,554, and the highest RRR revenue forecast at $218,411,589,556.

In 2026, RRR is forecast to generate $211,325,064,969 in revenue, with the lowest revenue forecast at $209,902,921,397 and the highest revenue forecast at $213,532,963,901.

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

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

What is RRR's Price Target?

According to 12 Wall Street analysts that have issued a 1 year RRR price target, the average RRR price target is $60.67, with the highest RRR stock price forecast at $69.00 and the lowest RRR stock price forecast at $53.00.

On average, Wall Street analysts predict that Red Rock Resorts's share price could reach $60.67 by Apr 9, 2025. The average Red Rock Resorts stock price prediction forecasts a potential upside of 1.37% from the current RRR share price of $59.85.

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

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