
Penn Entertainment (PENN) Stock Forecast & Price Target
Penn Entertainment (PENN) Analyst Ratings
Bulls say
PENN Entertainment demonstrates a robust financial outlook supported by its extensive portfolio of 43 properties across 20 states and a favorable EBITDAR margin in its retail segment, which positions the company well for digital wagering market opportunities. The company's interactive segment, fueled by theScore media asset, continues to gain traction, with iCasino gross gaming revenue (GGR) share increasing in Michigan, suggesting an upward trend in online engagement. Moreover, positive trends in brick-and-mortar GGR contribute to an overall acceleration in performance, indicating a strong investor sentiment and growth potential stemming from upcoming strategic initiatives and significant project openings.
Bears say
PENN Entertainment faces significant challenges, including a sequential share loss attributed to underwhelming promotional reinvestment levels, which are below market averages across multiple states. The current valuation, while below historical averages, reflects muted regional fundamentals, with any potential re-rating of the retail multiple dependent on uncertain gross gaming revenue and margin improvements. Additionally, the company is exposed to various downside risks such as difficulties in scaling its interactive segment profitably, the possibility of deteriorating economic conditions, increasing competition, and regulatory changes impacting profitability.
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
Start investing in Penn Entertainment (PENN)
Order type
Buy in
Order amount
Est. shares
0 shares