
Penn Entertainment (PENN) Stock Forecast & Price Target
Penn Entertainment (PENN) Analyst Ratings
Bulls say
PENN Entertainment has reported substantial growth in its skins revenue and projects a 20% year-over-year increase in tax gross-up for FY25, underscoring the strong performance in the burgeoning online sports betting and iCasino sectors. The company's customer loyalty program, mychoice, boasts over 25 million members, further enhancing its cross-sell opportunities between digital and retail channels, which contribute to its continued market share gains. With recent product improvements leading to significant growth in gross gaming revenue (GGR) share and the company establishing a strong digital presence through partnerships with entities like theScore and ESPN, PENN Entertainment is well-positioned for future success in both its traditional and interactive markets.
Bears say
PENN Entertainment has experienced a 30% decline in share value over the past two years, primarily due to uninspiring financial performance influenced by competitive landscape challenges, increased pressure on low-end consumers, and changes in its Interactive segment strategy. The fourth quarter of 2024 revealed that PENN's EBITDAR of $321 million fell 1% short of consensus expectations, with the Interactive segment reporting adjusted revenue of $142 million and an AEBITDA loss of $110 million, attributing losses to unfavorable sports betting outcomes. Additionally, the company faces numerous downside risks, including difficulties in scaling the Interactive segment profitably, potential economic downturns, new competitive entries, and regulatory challenges, all contributing to a negative outlook on its stock.
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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