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PENN Stock Forecast: PENN Entertainment, Inc. Price Predictions for 2026

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$14.53

-0.34 (-2.29%)

PENN Stock Forecast 2026-2027

$14.53
Current Price
$1.94B
Market Cap
20 Ratings
Buy 11
Hold 9
Sell 0
Wall St Analyst Ratings

Distance to PENN Price Targets

+65.2%
To High Target of $24.00
+37.6%
To Median Target of $20.00
+3.2%
To Low Target of $15.00

PENN Price Momentum

-0.8%
1 Week Change
+23.6%
1 Month Change
-15.0%
1 Year Change
-1.5%
Year-to-Date Change
-29.5%
From 52W High of $20.61
+24.7%
From 52W Low of $11.65
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Latest PENN Stock Price Targets & Analyst Predictions

Based on our analysis of 35 Wall Street analysts, PENN has a bullish consensus with a median price target of $20.00 (ranging from $15.00 to $24.00). The overall analyst rating is Buy (7.8/10). Currently trading at $14.53, the median forecast implies a 37.6% upside. This outlook is supported by 11 Buy, 9 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Jordan Bender at Citizens, projecting a 65.2% upside. Conversely, the most conservative target is provided by Stephen Grambling at Morgan Stanley, suggesting a 3.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PENN Analyst Ratings

11
Buy
9
Hold
0
Sell

PENN Price Target Range

Low
$15.00
Average
$20.00
High
$24.00
Current: $14.53

Latest PENN Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PENN.

Date Firm Analyst Rating Change Price Target
Mar 12, 2026 Mizuho Ben Chaiken Outperform Maintains $22.00
Mar 5, 2026 Benchmark Mike Hickey Buy Upgrade $21.00
Mar 2, 2026 Citigroup James Hardiman Neutral Maintains $16.00
Feb 27, 2026 Wells Fargo Trey Bowers Equal-Weight Upgrade $16.00
Feb 11, 2026 Susquehanna Joseph Stauff Positive Maintains $17.00
Feb 3, 2026 Canaccord Genuity Jason Tilchen Buy Maintains $21.00
Jan 16, 2026 Morgan Stanley Stephen Grambling Equal-Weight Maintains $15.00
Nov 21, 2025 Citigroup James Hardiman Neutral Initiates $15.00
Nov 18, 2025 Wells Fargo Trey Bowers Underweight Initiates $15.00
Nov 7, 2025 Needham Bernie McTernan Hold Downgrade $N/A
Nov 7, 2025 Stifel Jeffrey Stantial Buy Upgrade $21.00
Nov 7, 2025 Citizens Jordan Bender Market Outperform Maintains $24.00
Aug 8, 2025 Needham Bernie McTernan Buy Maintains $22.00
Aug 8, 2025 JMP Securities Jordan Bender Market Outperform Maintains $25.00
Jul 18, 2025 Barclays Felicia Hendrix Overweight Maintains $22.00
Jul 11, 2025 Stifel Jeffrey Stantial Hold Maintains $19.00
Jul 11, 2025 Morgan Stanley Stephen Grambling Equal-Weight Maintains $17.00
Jun 26, 2025 JMP Securities Aaron Hecht Market Outperform Upgrade $24.00
Jun 23, 2025 JP Morgan Daniel Politzer Overweight Initiates $24.00
Jun 10, 2025 Susquehanna Joseph Stauff Positive Maintains $25.00

PENN Entertainment, Inc. (PENN) Competitors

The following stocks are similar to Penn National based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

PENN Entertainment, Inc. (PENN) Financial Data

PENN Entertainment, Inc. has a market capitalization of $1.94B with a P/E ratio of 4.3x. The company generates $6.96B in trailing twelve-month revenue with a -12.1% profit margin.

Revenue growth is +8.2% quarter-over-quarter, while maintaining an operating margin of +4.9% and return on equity of -36.1%.

Valuation Metrics

Market Cap $1.94B
Enterprise Value $12.47B
P/E Ratio 4.3x
PEG Ratio -0.1x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) +8.2%
Gross Margin +33.5%
Operating Margin +4.9%
Net Margin -12.1%
EPS Growth +8.2%

Financial Health

Cash/Price Ratio +37.3%
Current Ratio 0.8x
Debt/Equity 616.8x
ROE -36.1%
ROA +1.2%
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PENN Entertainment, Inc. logo

PENN Entertainment, Inc. (PENN) Business Model

About PENN Entertainment, Inc.

What They Do

Provides integrated entertainment and casino gaming experiences.

Business Model

The company operates casinos and racetracks, generating revenue through gaming machines, hotel accommodations, dining, and entertainment services. Its loyalty program, PENN Play, enhances customer engagement and retention, while its digital segment develops real money gaming and sports betting applications to tap into the growing online gaming market.

Additional Information

With a portfolio of 42 casinos and racetracks, PENN Entertainment leverages its retail brands to cater to a wide range of customer preferences. The company's innovative omni-channel approach combines physical and digital offerings to attract diverse audiences and enhance overall customer experience.

Company Information

Sector

Consumer Cyclical

Industry

Resorts & Casinos

Employees

23,441

CEO

Mr. Jay A. Snowden

Country

United States

IPO Year

1994

PENN Entertainment, Inc. (PENN) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Why PENN Entertainment (PENN) is a Top Value Stock for the Long-Term

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Mar 04, 2026 By Zacks Equity Research Tale of the Tape

5 Broker-Liked Stocks to Monitor Amid the Ongoing Volatility

Broker upgrades and rising earnings estimates highlight stocks like ARW, GOLD, CCRN, AMN and PENN amid geopolitical tensions and tech-sector volatility.

Mar 04, 2026 By Maharathi Basu Analyst Blog

Why PENN Entertainment (PENN) is a Top Growth Stock for the Long-Term

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Mar 03, 2026 By Zacks Equity Research Tale of the Tape

Latest News

PENN stock latest news image
Quick Summary

PENN Entertainment plans to open a new 203-room hotel tower at Hollywood Casino Columbus on June 12, 2026, pending regulatory approvals, enhancing its gaming and entertainment offerings.

Why It Matters

The announcement of a new hotel tower at Hollywood Casino Columbus indicates PENN Entertainment's growth strategy, potentially enhancing revenue from increased visitor capacity and upscale offerings.

Source: Business Wire
Market Sentiment: Neutral
PENN stock latest news image
Quick Summary

Zacks Style Scores provide investors with a method to identify top-rated stocks aligned with their investing style, offering a strategic advantage for stock selection.

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Zacks Style Scores help identify high-potential stocks tailored to specific investing strategies, enhancing stock selection and potentially improving portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive
PENN stock latest news image
Quick Summary

Zacks Style Scores help investors identify top-rated stocks tailored to their investing styles, providing a useful tool for stock selection.

Why It Matters

Zacks Style Scores provide a streamlined method for identifying high-potential stocks, aiding investors in making informed decisions and enhancing portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive
PENN stock latest news image
Quick Summary

Zacks Style Scores is a key feature of Zacks Premium, aiding investors across value, growth, and momentum strategies in identifying strong stocks.

Why It Matters

The Zacks Style Scores can help investors identify strong stocks across different investment strategies, potentially improving investment decisions and portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive
PENN stock latest news image
Quick Summary

Stocks ARW, GOLD, CCRN, AMN, and PENN receive broker upgrades and rising earnings estimates amid geopolitical tensions and tech-sector volatility.

Why It Matters

Broker upgrades and rising earnings estimates signal potential growth in ARW, GOLD, CCRN, AMN, and PENN, offering investment opportunities amid current market uncertainties.

Source: Zacks Investment Research
Market Sentiment: Negative
PENN stock latest news image
Quick Summary

PENN Entertainment, Inc. (NASDAQ: PENN) shares rose Thursday following the release of its fourth-quarter financial results.

Why It Matters

PENN Entertainment's higher share price following positive Q4 results signals investor confidence, potential growth, and improved financial health, impacting future stock performance.

Source: Benzinga
Market Sentiment: Positive

Frequently Asked Questions About PENN Stock

What is PENN Entertainment, Inc.'s (PENN) stock forecast for 2026?

Based on our analysis of 35 Wall Street analysts, PENN Entertainment, Inc. (PENN) has a median price target of $20.00. The highest price target is $24.00 and the lowest is $15.00.

Is PENN stock a good investment in 2026?

According to current analyst ratings, PENN has 11 Buy ratings, 9 Hold ratings, and 0 Sell ratings. The stock is currently trading at $14.53. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PENN stock?

Wall Street analysts predict PENN stock could reach $20.00 in the next 12 months. This represents a 37.6% increase from the current price of $14.53. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is PENN Entertainment, Inc.'s business model?

The company operates casinos and racetracks, generating revenue through gaming machines, hotel accommodations, dining, and entertainment services. Its loyalty program, PENN Play, enhances customer engagement and retention, while its digital segment develops real money gaming and sports betting applications to tap into the growing online gaming market.

What is the highest forecasted price for PENN PENN Entertainment, Inc.?

The highest price target for PENN is $24.00 from Jordan Bender at Citizens, which represents a 65.2% increase from the current price of $14.53.

What is the lowest forecasted price for PENN PENN Entertainment, Inc.?

The lowest price target for PENN is $15.00 from Stephen Grambling at Morgan Stanley, which represents a 3.2% increase from the current price of $14.53.

What is the overall PENN consensus from analysts for PENN Entertainment, Inc.?

The overall analyst consensus for PENN is bullish. Out of 35 Wall Street analysts, 11 rate it as Buy, 9 as Hold, and 0 as Sell, with a median price target of $20.00.

How accurate are PENN stock price projections?

Stock price projections, including those for PENN Entertainment, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 13, 2026 3:22 PM UTC
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