
Penn Entertainment (PENN) Stock Forecast & Price Target
Penn Entertainment (PENN) Analyst Ratings
Bulls say
PENN Entertainment's diversified portfolio, which spans 43 properties across 20 states, is positioned for substantial growth, with the retail segment generating mid-30s EBITDAR margins and a significant share of its revenue derived from land-based casinos. The company's interactive segment is projected to experience over 20% year-over-year growth in FY25, driven by growing skins revenue alongside expanding market opportunities in sports betting and iGaming. Complementing these strong financial metrics, PENN's mychoice customer loyalty program engages over 25 million members, enhancing cross-sell opportunities and bolstering market share in key regional markets.
Bears say
PENN Entertainment's stock has experienced a decline of approximately 30% over the past two years, driven by fierce competition, pressure on lower-end consumers, high operating leverage, increasing interest rates, and adjustments to its Interactive strategy. In the fourth quarter of 2024, PENN's EBITDAR of $321 million fell 1% below consensus expectations, exacerbated by underperformance in its Interactive segment, which reported an adjusted revenue of $142 million and an AEBITDA loss of $110 million. The outlook for free cash flow remains suppressed, with projections indicating only $2 per share in 2026 and $4 per share in 2027, highlighting potential challenges in scaling the Interactive segment amid uncertain economic conditions and increased competition.
This aggregate rating is based on analysts' research of Penn Entertainment and is not a guaranteed prediction by Public.com or investment advice.
Penn Entertainment (PENN) Analyst Forecast & Price Prediction
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