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Red Rock Resorts

RRRNASDAQ
$58.99
00.00%
After Hours: Jul 19, 5:08 PM EDT
15 minutes delayed
Q2 2024 earnings tomorrow on Tue Jul 23rd after the market close
Consensus Rating1
Overweight
Highest Price Target1
$69.00
Lowest Price Target1
$36.00
Consensus Price Target1
$57.67

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Red Rock Resorts (NASDAQ:RRR) Stock, Analyst Ratings, Price Targets, Forecasts

Red Rock Resorts Inc has a consensus price target of $57.67 based on the ratings of 18 analysts. The high is $69 issued by JP Morgan on April 1, 2024. The low is $36 issued by Loop Capital on July 11, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Morgan Stanley, and B of A Securities on July 18, 2024, July 12, 2024, and May 13, 2024, respectively. With an average price target of $57.67 between Truist Securities, Morgan Stanley, and B of A Securities, there's an implied -2.07% downside for Red Rock Resorts Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
2
1
Apr
2
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Morgan Stanley
B of A Securities
Barclays
JMP Securities

1calculated from analyst ratings

Analyst Ratings for Red Rock Resorts

Buy NowGet Alert
07/18/2024Buy Now8.69%Truist Securities
Barry Jonas
$60 → $64MaintainsHoldGet Alert
07/12/2024Buy Now-8.3%Morgan Stanley
Stephanie Grambling
$53 → $54MaintainsEqual-WeightGet Alert
05/13/2024Buy Now-6.6%B of A Securities
Shaun Kelley
$57 → $55UpgradeUnderperform → NeutralGet Alert
05/08/2024Buy Now6.99%Barclays
Brandt Montour
$64 → $63MaintainsOverweightGet Alert
05/08/2024Buy Now10.38%JMP Securities
Jordan Bender
$66 → $65MaintainsMarket OutperformGet Alert
05/08/2024Buy Now6.99%Wells Fargo
Daniel Politzer
$66 → $63MaintainsOverweightGet Alert
05/08/2024Buy Now0.2%Stifel
Steve Wieczynski
$61 → $59MaintainsHoldGet Alert
05/08/2024Buy Now12.08%Mizuho
Ben Chaiken
$69 → $66MaintainsBuyGet Alert
04/23/2024Buy Now1.89%Truist Securities
Barry Jonas
$58 → $60MaintainsHoldGet Alert
04/19/2024Buy Now8.69%Barclays
Brandt Montour
$62 → $64MaintainsOverweightGet Alert
04/19/2024Buy Now12.08%JMP Securities
Jordan Bender
$61 → $66MaintainsMarket OutperformGet Alert
04/09/2024Buy Now-9.99%Morgan Stanley
Stephanie Grambling
$51 → $53MaintainsEqual-WeightGet Alert
04/08/2024Buy Now-3.2%B of A Securities
Shaun Kelley
$52 → $57MaintainsBuyGet Alert
04/01/2024Buy Now17.18%JP Morgan
Joseph Greff
$63 → $69MaintainsOverweightGet Alert
03/26/2024Buy Now17.18%Mizuho
Ben Chaiken
→ $69Initiates → BuyGet Alert
02/13/2024Buy Now-13.39%Morgan Stanley
Stephanie Grambling
$48 → $51MaintainsEqual-WeightGet Alert
02/08/2024Buy Now6.99%JP Morgan
Joseph Greff
$53 → $63MaintainsOverweightGet Alert
02/08/2024Buy Now5.29%Barclays
Brandt Montour
$60 → $62MaintainsOverweightGet Alert
02/08/2024Buy Now3.59%JMP Securities
Jordan Bender
$55 → $61MaintainsMarket OutperformGet Alert
02/08/2024Buy Now12.08%Susquehanna
Joseph Stauff
$52 → $66MaintainsPositiveGet Alert
02/08/2024Buy Now5.29%Wells Fargo
Daniel Politzer
$57 → $62MaintainsOverweightGet Alert
01/24/2024Buy Now5.29%Deutsche Bank
Carlo Santarelli
$54 → $62MaintainsBuyGet Alert
01/18/2024Buy Now-6.6%JMP Securities
Jordan Bender
$52 → $55MaintainsMarket OutperformGet Alert
01/18/2024Buy Now1.89%Barclays
Brandt Montour
→ $60Initiates → OverweightGet Alert
01/17/2024Buy Now-1.5%Macquarie
Chad Beynon
$51 → $58UpgradeNeutral → OutperformGet Alert
01/09/2024Buy Now-18.49%Morgan Stanley
Stephanie Grambling
$49 → $48DowngradeOverweight → Equal-WeightGet Alert
12/21/2023Buy Now-8.3%Stifel
Steve Wieczynski
$47 → $54MaintainsHoldGet Alert
12/20/2023Buy Now-6.6%Truist Securities
Barry Jonas
$46 → $55MaintainsHoldGet Alert
11/08/2023Buy Now-16.79%Morgan Stanley
Stephanie Grambling
$50 → $49MaintainsOverweightGet Alert
11/08/2023Buy Now-15.09%JP Morgan
Joseph Greff
$54 → $50MaintainsOverweightGet Alert
11/08/2023Buy Now-9.99%Wells Fargo
Daniel Politzer
$55 → $53MaintainsOverweightGet Alert
10/18/2023Buy Now-21.88%Truist Securities
Barry Jonas
$50 → $46MaintainsHoldGet Alert
10/13/2023Buy Now-15.09%Morgan Stanley
Stephanie Grambling
$53 → $50MaintainsOverweightGet Alert
09/18/2023Buy Now-9.99%Morgan Stanley
Stephanie Grambling
$54 → $53MaintainsOverweightGet Alert
09/11/2023Buy Now-11.69%Susquehanna
Joseph Stauff
→ $52Initiates → PositiveGet Alert
08/04/2023Buy Now-8.3%Morgan Stanley
Stephen Grambling
$55 → $54MaintainsOverweightGet Alert
08/04/2023Buy Now-9.99%Wells Fargo
Daniel Politzer
$55 → $53MaintainsOverweightGet Alert
07/17/2023Buy Now-8.3%JMP Securities
Jordan Bender
→ $54ReiteratesMarket Outperform → Market OutperformGet Alert
07/14/2023Buy Now-6.6%Morgan Stanley
Stephen Grambling
$54 → $55MaintainsOverweightGet Alert
07/10/2023Buy Now-6.6%Wells Fargo
Daniel Politzer
$56 → $55MaintainsOverweightGet Alert
06/27/2023Buy Now-15.09%Truist Securities
Barry Jonas
→ $50ReiteratesHold → HoldGet Alert
05/05/2023Buy Now-6.6%Deutsche Bank
Carlo Santarelli
$53 → $55MaintainsBuyGet Alert
05/05/2023Buy Now-15.09%Truist Securities
Barry Jonas
$49 → $50MaintainsHoldGet Alert
05/05/2023Buy Now-8.3%JMP Securities
Jordan Bender
$51 → $54MaintainsMarket OutperformGet Alert
05/05/2023Buy Now-4.9%Wells Fargo
Daniel Politzer
$54 → $56MaintainsOverweightGet Alert
04/18/2023Buy Now-8.3%Morgan Stanley
Stephen Grambling
$53 → $54MaintainsOverweightGet Alert
04/17/2023Buy Now-13.39%JMP Securities
Jordan Bender
→ $51Reiterates → Market OutperformGet Alert
03/30/2023Buy Now-13.39%JMP Securities
Jordan Bender
→ $51Reiterates → Market OutperformGet Alert
02/08/2023Buy Now-8.3%Wells Fargo
Daniel Politzer
$48 → $54MaintainsOverweightGet Alert
02/08/2023Buy Now-6.6%JP Morgan
Joseph Greff
$50 → $55MaintainsOverweightGet Alert
01/20/2023Buy Now-13.39%JMP Securities
Jordan Bender
$50 → $51MaintainsMarket OutperformGet Alert
01/11/2023Buy NowTruist Securities
Barry Jonas
DowngradeBuy → HoldGet Alert
11/21/2022Buy Now-11.69%Morgan Stanley
Stephen Grambling
→ $52Initiates → OverweightGet Alert
10/20/2022Buy Now-25.28%CBRE
John DeCree
→ $44Reinstates → HoldGet Alert
09/22/2022Buy Now-15.09%JMP Securities
Jordan Bender
→ $50Initiates → Market OutperformGet Alert
09/07/2022Buy Now-15.09%Jefferies
Cassandra Lee
→ $50Initiates → BuyGet Alert
08/10/2022Buy Now-15.09%Deutsche Bank
Carlo Santarelli
$45 → $50MaintainsBuyGet Alert
07/20/2022Buy Now-23.58%Truist Securities
Barry Jonas
$65 → $45MaintainsBuyGet Alert
07/14/2022Buy Now-18.49%Wells Fargo
Daniel Politzer
$56 → $48MaintainsOverweightGet Alert
07/13/2022Buy Now-23.58%Deutsche Bank
Carlo Santarelli
$54 → $45MaintainsBuyGet Alert
07/11/2022Buy Now-38.86%Loop Capital
Daniel Adam
→ $36Initiates → HoldGet Alert
05/12/2022Buy Now-15.09%Berenberg
Zachary Silverberg
→ $50Initiates → BuyGet Alert
05/04/2022Buy Now-4.9%Wells Fargo
Daniel Politzer
$60 → $56MaintainsOverweightGet Alert
02/03/2022Buy Now-4.9%Deutsche Bank
Carlo Santarelli
$60 → $56MaintainsBuyGet Alert
01/26/2022Buy Now-6.6%Macquarie
Chad Beynon
$60 → $55DowngradeOutperform → NeutralGet Alert
01/10/2022Buy NowB of A Securities
Shaun Kelley
DowngradeNeutral → UnderperformGet Alert
10/06/2021Buy Now1.89%Keybanc
Brett Andress
MaintainsOverweightGet Alert
09/15/2021Buy Now5.29%Wells Fargo
Daniel Politzer
Initiates → OverweightGet Alert

FAQ

Q

What is the target price for Red Rock Resorts (RRR) stock?

A

The latest price target for Red Rock Resorts (NASDAQ:RRR) was reported by Truist Securities on July 18, 2024. The analyst firm set a price target for $64.00 expecting RRR to rise to within 12 months (a possible 8.69% upside). 37 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Red Rock Resorts (RRR)?

A

The latest analyst rating for Red Rock Resorts (NASDAQ:RRR) was provided by Truist Securities, and Red Rock Resorts maintained their hold rating.

Q

When was the last upgrade for Red Rock Resorts (RRR)?

A

The last upgrade for Red Rock Resorts Inc happened on May 13, 2024 when B of A Securities raised their price target to $55. B of A Securities previously had an underperform for Red Rock Resorts Inc.

Q

When was the last downgrade for Red Rock Resorts (RRR)?

A

The last downgrade for Red Rock Resorts Inc happened on January 9, 2024 when Morgan Stanley changed their price target from $49 to $48 for Red Rock Resorts Inc.

Q

When is the next analyst rating going to be posted or updated for Red Rock Resorts (RRR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Rock Resorts, 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 Red Rock Resorts was filed on July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.

Q

Is the Analyst Rating Red Rock Resorts (RRR) correct?

A

While ratings are subjective and will change, the latest Red Rock Resorts (RRR) rating was a maintained with a price target of $60.00 to $64.00. The current price Red Rock Resorts (RRR) is trading at is $58.89, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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