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PENN Entertainment

PENNNASDAQ
$18.52
-0.05-0.27%
At Close: -
$18.50
-0.02-0.11%
After Hours: Jul 19, 4:25 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$17.50
Consensus Price Target1
$35.22

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PENN Entertainment (NASDAQ:PENN) Stock, Analyst Ratings, Price Targets, Forecasts

PENN Entertainment Inc has a consensus price target of $35.22 based on the ratings of 29 analysts. The high is $69 issued by Morgan Stanley on November 8, 2021. The low is $17.5 issued by B of A Securities on May 13, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Susquehanna, and Craig-Hallum on July 12, 2024, June 21, 2024, and June 21, 2024, respectively. With an average price target of $25.67 between Morgan Stanley, Susquehanna, and Craig-Hallum, there's an implied 38.74% upside for PENN Entertainment Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Apr
2
2
May
2
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Susquehanna
Craig-Hallum
Truist Securities
Needham

1calculated from analyst ratings

Analyst Ratings for PENN Entertainment

Buy NowGet Alert
07/12/2024Buy Now13.51%Morgan Stanley
Dara Mohsenian
$20 → $21MaintainsEqual-WeightGet Alert
06/25/2024Buy NowRaymond James
RJ Milligan
DowngradeOutperform → Market PerformGet Alert
06/21/2024Buy Now40.54%Susquehanna
Joseph Moore
$26 → $26MaintainsPositiveGet Alert
06/21/2024Buy Now62.16%Craig-Hallum
Ryan Sigdahl
$20 → $30UpgradeHold → BuyGet Alert
06/14/2024Buy Now35.14%Truist Securities
Barry Jonas
$23 → $25MaintainsBuyGet Alert
06/04/2024Buy NowJMP Securities
Jordan Bender
Reiterates → Market PerformGet Alert
05/31/2024Buy Now40.54%Susquehanna
Joseph Moore
$27 → $26MaintainsPositiveGet Alert
05/21/2024Buy Now8.11%Raymond James
RJ Milligan
→ $20Initiates → OutperformGet Alert
05/15/2024Buy Now40.54%Needham
Bernie McTernan
→ $26ReiteratesBuy → BuyGet Alert
05/13/2024Buy Now-5.41%B of A Securities
Shaun Kelley
$28 → $17.5DowngradeBuy → NeutralGet Alert
05/03/2024Buy Now-2.7%Wells Fargo
Daniel Politzer
$21 → $18MaintainsEqual-WeightGet Alert
05/03/2024Buy Now8.11%Craig-Hallum
Ryan Sigdahl
$25 → $20MaintainsHoldGet Alert
05/03/2024Buy NowBenchmark
Mike Hickey
Reiterates → HoldGet Alert
05/03/2024Buy Now18.92%Barclays
Brandt Montour
$26 → $22MaintainsOverweightGet Alert
05/03/2024Buy Now72.97%Mizuho
Ben Chaiken
$29 → $32MaintainsBuyGet Alert
05/03/2024Buy Now40.54%Needham
Bernie McTernan
$32 → $26MaintainsBuyGet Alert
05/02/2024Buy Now72.97%Needham
Bernie McTernan
→ $32ReiteratesBuy → BuyGet Alert
04/29/2024Buy Now51.35%Canaccord Genuity
Jason Tilchen
$32 → $28MaintainsBuyGet Alert
04/23/2024Buy Now24.32%Truist Securities
Barry Jonas
$23 → $23UpgradeHold → BuyGet Alert
04/23/2024Buy NowJMP Securities
Jordan Bender
Reiterates → Market PerformGet Alert
04/19/2024Buy Now40.54%Barclays
Felicia Hendrix
$27 → $26MaintainsOverweightGet Alert
04/16/2024Buy NowBenchmark
Mike Hickey
Initiates → HoldGet Alert
04/09/2024Buy Now18.92%Morgan Stanley
Dara Mohsenian
$21 → $22MaintainsEqual-WeightGet Alert
03/26/2024Buy Now56.76%Mizuho
Ben Chaiken
→ $29Initiates → BuyGet Alert
02/28/2024Buy Now13.51%Morgan Stanley
Dara Mohsenian
$23 → $21MaintainsEqual-WeightGet Alert
02/16/2024Buy Now24.32%Stifel
Steven Wieczynski
$27 → $23MaintainsHoldGet Alert
02/16/2024Buy Now24.32%Truist Securities
Barry Jonas
$27 → $23MaintainsHoldGet Alert
02/16/2024Buy Now78.38%Macquarie
Chad Beynon
$35 → $33MaintainsOutperformGet Alert
02/16/2024Buy Now72.97%Needham
Bernie McTernan
$33 → $32MaintainsBuyGet Alert
12/11/2023Buy Now78.38%Needham
Bernie McTernan
→ $33ReiteratesBuy → BuyGet Alert
11/20/2023Buy Now62.16%B of A Securities
Shaun Kelley
$27 → $30UpgradeNeutral → BuyGet Alert
11/17/2023Buy Now78.38%Needham
Bernie McTernan
→ $33ReiteratesBuy → BuyGet Alert
11/13/2023Buy Now18.92%Morgan Stanley
Dara Mohsenian
$24 → $22MaintainsEqual-WeightGet Alert
11/03/2023Buy Now78.38%Needham
Bernie McTernan
$44 → $33MaintainsBuyGet Alert
10/18/2023Buy Now35.14%Truist Securities
Barry Jonas
$30 → $25MaintainsHoldGet Alert
10/13/2023Buy Now29.73%Morgan Stanley
Dara Mohsenian
$26 → $24MaintainsEqual-WeightGet Alert
10/12/2023Buy Now35.14%Capital One
Dan Guglielmo
→ $25Initiates → Equal-WeightGet Alert
09/18/2023Buy Now40.54%Morgan Stanley
Dara Mohsenian
$27 → $26MaintainsEqual-WeightGet Alert
08/10/2023Buy Now62.16%Truist Securities
Barry Jonas
$33 → $30DowngradeBuy → HoldGet Alert
08/10/2023Buy Now45.95%Morgan Stanley
Dara Mohsenian
$26 → $27MaintainsEqual-WeightGet Alert
08/10/2023Buy Now105.41%Canaccord Genuity
Jason Tilchen
$44 → $38MaintainsBuyGet Alert
08/10/2023Buy NowCraig-Hallum
Ryan Sigdahl
DowngradeBuy → HoldGet Alert
08/10/2023Buy Now94.59%Barclays
Brandt Montour
$33 → $36MaintainsOverweightGet Alert
08/10/2023Buy Now137.84%Needham
Bernie McTernan
→ $44ReiteratesBuy → BuyGet Alert
08/09/2023Buy Now137.84%Needham
Bernie McTernan
→ $44ReiteratesBuy → BuyGet Alert
07/21/2023Buy Now78.38%Barclays
Brandt Montour
$34 → $33MaintainsOverweightGet Alert
07/14/2023Buy Now40.54%Morgan Stanley
Dara Mohsenian
$27 → $26MaintainsEqual-WeightGet Alert
06/27/2023Buy Now78.38%Truist Securities
Barry Jonas
→ $33ReiteratesBuy → BuyGet Alert
06/16/2023Buy Now45.95%Morgan Stanley
Dara Mohsenian
$28 → $27MaintainsEqual-WeightGet Alert
05/17/2023Buy Now137.84%Needham
Bernie McTernan
→ $44ReiteratesBuy → BuyGet Alert
05/16/2023Buy Now51.35%Morgan Stanley
Dara Mohsenian
$31 → $28MaintainsEqual-WeightGet Alert
05/05/2023Buy Now72.97%Stifel
Steven Wieczynski
$38 → $32MaintainsHoldGet Alert
05/05/2023Buy Now127.03%Credit Suisse
Benjamin Chaiken
$46 → $42MaintainsOutperformGet Alert
05/05/2023Buy Now78.38%Truist Securities
Barry Jonas
$41 → $33MaintainsBuyGet Alert
05/05/2023Buy Now45.95%Wells Fargo
Daniel Politzer
$31 → $27MaintainsEqual-WeightGet Alert
05/05/2023Buy Now137.84%Needham
Bernie McTernan
$50 → $44MaintainsBuyGet Alert
05/02/2023Buy Now116.22%Roth MKM
Edward Engel
$35 → $40UpgradeNeutral → BuyGet Alert
04/21/2023Buy Now94.59%Barclays
Brandt Montour
$39 → $36MaintainsOverweightGet Alert
04/19/2023Buy Now67.57%Wells Fargo
Daniel Politzer
$32 → $31MaintainsEqual-WeightGet Alert
04/18/2023Buy Now121.62%Truist Securities
Barry Jonas
$40 → $41MaintainsBuyGet Alert
04/17/2023Buy Now143.24%JMP Securities
Jordan Bender
→ $45DowngradeMarket Outperform → Market PerformGet Alert
04/11/2023Buy Now127.03%Susquehanna
Joseph Moore
$44 → $42MaintainsPositiveGet Alert
03/01/2023Buy Now67.57%Morgan Stanley
Dara Mohsenian
$34 → $31MaintainsEqual-WeightGet Alert
02/03/2023Buy Now89.19%Roth MKM
Edward Engel
$33 → $35MaintainsNeutralGet Alert
02/03/2023Buy Now143.24%JMP Securities
Jordan Bender
→ $45Reiterates → Market OutperformGet Alert
02/03/2023Buy Now116.22%Truist Securities
Barry Jonas
$36 → $40MaintainsBuyGet Alert
02/03/2023Buy Now148.65%Credit Suisse
Benjamin Chaiken
$50 → $46MaintainsOutperformGet Alert
02/03/2023Buy Now83.78%Morgan Stanley
Stephen Grambling
$35 → $34MaintainsEqual-WeightGet Alert
02/03/2023Buy Now170.27%Needham
Bernie McTernan
$60 → $50MaintainsBuyGet Alert
02/01/2023Buy Now89.19%Morgan Stanley
Stephen Grambling
$36 → $35MaintainsEqual-WeightGet Alert
01/25/2023Buy Now78.38%Wells Fargo
Daniel Politzer
$32 → $33MaintainsEqual-WeightGet Alert
01/20/2023Buy Now143.24%JMP Securities
Jordan Bender
$48 → $45MaintainsMarket OutperformGet Alert
01/09/2023Buy Now83.78%Jefferies
David Katz
$50 → $34DowngradeBuy → HoldGet Alert
12/14/2022Buy NowB of A Securities
Shaun Kelley
DowngradeBuy → NeutralGet Alert
11/28/2022Buy Now110.81%JP Morgan
Joseph Greff
$38 → $39DowngradeOverweight → NeutralGet Alert
11/21/2022Buy Now94.59%Morgan Stanley
Stephen Grambling
→ $36Initiates → Equal-WeightGet Alert
11/04/2022Buy Now170.27%Credit Suisse
Benjamin Chaiken
$66 → $50MaintainsOutperformGet Alert
11/04/2022Buy Now191.89%CBRE
John DeCree
$57 → $54MaintainsBuyGet Alert
10/25/2022Buy Now116.22%Truist Securities
Barry Jonas
$48 → $40MaintainsBuyGet Alert
10/21/2022Buy Now78.38%Wells Fargo
Daniel Politzer
$38 → $33MaintainsEqual-WeightGet Alert
10/06/2022Buy Now170.27%Canaccord Genuity
Jason Tilchen
→ $50Initiates → BuyGet Alert
08/05/2022Buy Now137.84%Barclays
Brandt Montour
$37 → $44MaintainsOverweightGet Alert
07/20/2022Buy Now159.46%Truist Securities
Barry Jonas
$60 → $48MaintainsBuyGet Alert
07/14/2022Buy Now105.41%Wells Fargo
Daniel Politzer
$48 → $38MaintainsEqual-WeightGet Alert
06/29/2022Buy Now100%Barclays
Felicia Hendrix
→ $37Initiates → OverweightGet Alert
06/28/2022Buy Now181.08%JMP Securities
Jordan Bender
→ $52Initiates → Market OutperformGet Alert
05/18/2022Buy NowJefferies
David Katz
UpgradeHold → BuyGet Alert
05/06/2022Buy Now224.32%Needham
Bernie McTernan
$76 → $60MaintainsBuyGet Alert
04/25/2022Buy Now175.68%Morgan Stanley
Thomas Allen
$55 → $51UpgradeEqual-Weight → OverweightGet Alert
04/19/2022Buy Now224.32%Truist Securities
Barry Jonas
$65 → $60MaintainsBuyGet Alert
04/13/2022Buy Now170.27%Wells Fargo
Daniel Politzer
$52 → $50MaintainsEqual-WeightGet Alert
02/09/2022Buy Now251.35%Susquehanna
Joseph Stauff
$34 → $65UpgradeNeutral → PositiveGet Alert
02/04/2022Buy Now235.14%CBRE
John DeCree
$60 → $62UpgradeHold → BuyGet Alert
02/04/2022Buy Now164.86%Loop Capital
Daniel Adam
$53 → $49UpgradeSell → HoldGet Alert
02/04/2022Buy Now175.68%Roth Capital
Edward Engel
→ $51DowngradeBuy → NeutralGet Alert
02/01/2022Buy Now435.14%Credit Suisse
Benjamin Chaiken
$128 → $99MaintainsOutperformGet Alert
01/26/2022Buy Now283.78%Macquarie
Chad Beynon
$80 → $71UpgradeNeutral → OutperformGet Alert
01/07/2022Buy Now197.3%Wells Fargo
Daniel Politzer
$72 → $55MaintainsEqual-WeightGet Alert
11/12/2021Buy NowDeutsche Bank
Carlo Santarelli
UpgradeSell → HoldGet Alert
11/08/2021Buy Now272.97%Morgan StanleyMaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for PENN Entertainment (PENN) stock?

A

The latest price target for PENN Entertainment (NASDAQ:PENN) was reported by Morgan Stanley on July 12, 2024. The analyst firm set a price target for $21.00 expecting PENN to rise to within 12 months (a possible 13.51% upside). 45 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for PENN Entertainment (PENN)?

A

The latest analyst rating for PENN Entertainment (NASDAQ:PENN) was provided by Morgan Stanley, and PENN Entertainment maintained their equal-weight rating.

Q

When was the last upgrade for PENN Entertainment (PENN)?

A

The last upgrade for PENN Entertainment Inc happened on June 21, 2024 when Craig-Hallum raised their price target to $30. Craig-Hallum previously had a hold for PENN Entertainment Inc.

Q

When was the last downgrade for PENN Entertainment (PENN)?

A

The last downgrade for PENN Entertainment Inc happened on June 25, 2024 when Raymond James changed their price target from N/A to N/A for PENN Entertainment Inc.

Q

When is the next analyst rating going to be posted or updated for PENN Entertainment (PENN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PENN Entertainment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PENN Entertainment was filed on July 12, 2024 so you should expect the next rating to be made available sometime around July 12, 2025.

Q

Is the Analyst Rating PENN Entertainment (PENN) correct?

A

While ratings are subjective and will change, the latest PENN Entertainment (PENN) rating was a maintained with a price target of $20.00 to $21.00. The current price PENN Entertainment (PENN) is trading at is $18.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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