Penn National Gaming Inc
NASDAQ:PENN

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Penn National Gaming Inc
NASDAQ:PENN
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Price: 20.78 USD -1.7% Market Closed
Market Cap: 3.2B USD
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Wall Street
Price Targets

PENN Price Targets Summary
Penn National Gaming Inc

Wall Street analysts forecast PENN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PENN is 23.24 USD with a low forecast of 17.68 USD and a high forecast of 31.5 USD.

Lowest
Price Target
17.68 USD
15% Downside
Average
Price Target
23.24 USD
12% Upside
Highest
Price Target
31.5 USD
52% Upside

PENN Last Price Targets
Penn National Gaming Inc

The latest public price target was made on Nov 7, 2024 by Stephen Grambling from Morgan Stanley , who expects PENN stock to drop by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Stephen Grambling
Morgan Stanley
19 USD
Downside 9%
1 week ago
Nov 7, 2024
Morgan Stanley Reiterates Equalweight Rating on PENN Entertainment Inc (PENN)
StreetInsider
Jason Tilchen
Canaccord Genuity
28 USD
Upside 35%
1 week ago
Nov 7, 2024
Canaccord Genuity Reiterates Buy Rating on PENN Entertainment Inc (PENN)
StreetInsider
David Katz
Jefferies
20 USD
Downside 4%
1 month ago
Oct 14, 2024
Jefferies Reiterates Hold Rating on PENN Entertainment Inc (PENN)
StreetInsider
Stephen Grambling
Morgan Stanley
20 USD
Downside 4%
2 months ago
Sep 4, 2024
Penn Entertainment price target lowered to $20 from $21 at Morgan Stanley
TheFly
Brandt Montour
Barclays
23 USD
Upside 11%
3 months ago
Aug 9, 2024
Penn Entertainment price target raised to $23 from $22 at Barclays
TheFly
Carlo Santarelli
Deutsche Bank
18 USD
Downside 13%
3 months ago
Aug 8, 2024
Deutsche Bank on PENN Entertainment Inc (PENN): 'We don't expect much of a reaction to the 2Q24 results on their own'
StreetInsider
Ryan Sigdahl
National Bank
30 USD
Upside 44%
4 months ago
Jun 21, 2024
Craig-Hallum Upgrades Penn National Gaming (PENN) to Buy, 'M&A Interest, Activist Involvement'
StreetInsider
Ryan Sigdahl
Craig-Hallum
30 USD
Upside 44%
4 months ago
Jun 21, 2024
Penn Entertainment upgraded to Buy from Hold at Craig-Hallum
TheFly
Barry Jonas
Truist Financial
25 USD
Upside 20%
5 months ago
Jun 14, 2024
Penn Entertainment price target raised to $25 from $23 at Truist
TheFly
Joseph Stauff
Susquehanna
26 USD
Upside 25%
5 months ago
May 31, 2024
Penn Entertainment price target lowered to $26 from $27 at Susquehanna
TheFly
Bernie McTernan
Needham
26 USD
Upside 25%
6 months ago
May 14, 2024
Needham Reiterates Buy Rating on Penn National Gaming (PENN)
StreetInsider
Ben Chaiken
Mizuho Securities
32 USD
Upside 54%
6 months ago
May 3, 2024
Penn Entertainment price target raised to $32 from $29 at Mizuho
TheFly
Brandt Montour
Barclays
22 USD
Upside 6%
6 months ago
May 3, 2024
Penn Entertainment price target lowered to $22 from $26 at Barclays
TheFly
Zachary Warring
CFRA
24 USD
Upside 15%
6 months ago
May 3, 2024
Penn National Gaming (PENN) PT Raised to $24 at CFRA
StreetInsider
John DeCree
CBRE
17 USD
Downside 18%
6 months ago
May 3, 2024
Penn Entertainment downgraded to Hold from Buy at CBRE
TheFly
Steven Wieczynski
Stifel Nicolaus
19 USD
Downside 9%
6 months ago
May 2, 2024
Penn National Gaming (PENN) PT Lowered to $19 at Stifel
StreetInsider
Barry Jonas
Truist Financial
23 USD
Upside 11%
6 months ago
Apr 23, 2024
Truist upgrades Penn Entertainment to Buy with expectations too low
TheFly
Bernie McTernan
Needham
33 USD
Upside 59%
1 year ago
Nov 17, 2023
ESPN Bet Tops App Store Rankings, But Media Integration Is 'Underwhelming Thus Far In Our View,' Analyst Says
Benzinga
Bernie McTernan
Needham
44 USD
Upside 112%
1 year ago
May 17, 2023
Is Barstool Sportsbook PENN's Ace In The Hole, Or A Risky Bet?
Benzinga
Jordan Bender
JMP Securities
45 USD
Upside 117%
1 year ago
Apr 17, 2023
Penn Entertainment Analyst Downgrades Barstool Sports Owner, Names 2 Gaming Stocks To Buy
Benzinga
Unknown Analyst
Roth Capital
35 USD
Upside 68%
1 year ago
Feb 3, 2023
Roth MKM Maintains Neutral on PENN Entertainment, Raises Price Target to $35
Benzinga
Unknown Analyst
Morgan Stanley
34 USD
Upside 64%
1 year ago
Feb 3, 2023
Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $34
Benzinga
Unknown Analyst
Credit Suisse
46 USD
Upside 121%
1 year ago
Feb 3, 2023
Credit Suisse Maintains Outperform on PENN Entertainment, Lowers Price Target to $46
Benzinga
Unknown Analyst
Needham
50 USD
Upside 141%
1 year ago
Feb 3, 2023
Needham Maintains Buy on PENN Entertainment, Lowers Price Target to $50
Benzinga
Unknown Analyst
Truist Financial
40 USD
Upside 92%
1 year ago
Feb 3, 2023
Truist Securities Maintains Buy on PENN Entertainment, Raises Price Target to $40
Benzinga
Unknown Analyst
Morgan Stanley
35 USD
Upside 68%
1 year ago
Feb 1, 2023
Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $35
Benzinga
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Stephen Grambling
Morgan Stanley
Price Target 19 USD
Upside/Downside 9%
View Source
Jason Tilchen
Canaccord Genuity
Price Target 28 USD
Upside/Downside 35%
View Source
David Katz
Jefferies
Price Target 20 USD
Upside/Downside 4%
View Source
Stephen Grambling
Morgan Stanley
Price Target 20 USD
Upside/Downside 4%
View Source
Brandt Montour
Barclays
Price Target 23 USD
Upside/Downside 11%
View Source
Carlo Santarelli
Deutsche Bank
Price Target 18 USD
Upside/Downside 13%
View Source
Ryan Sigdahl
National Bank
Price Target 30 USD
Upside/Downside 44%
View Source
Ryan Sigdahl
Craig-Hallum
Price Target 30 USD
Upside/Downside 44%
View Source
Barry Jonas
Truist Financial
Price Target 25 USD
Upside/Downside 20%
View Source
Joseph Stauff
Susquehanna
Price Target 26 USD
Upside/Downside 25%
View Source
Bernie McTernan
Needham
Price Target 26 USD
Upside/Downside 25%
View Source
Ben Chaiken
Mizuho Securities
Price Target 32 USD
Upside/Downside 54%
View Source
Brandt Montour
Barclays
Price Target 22 USD
Upside/Downside 6%
View Source
Zachary Warring
CFRA
Price Target 24 USD
Upside/Downside 15%
View Source
John DeCree
CBRE
Price Target 17 USD
Upside/Downside 18%
View Source
Steven Wieczynski
Stifel Nicolaus
Price Target 19 USD
Upside/Downside 9%
View Source
Barry Jonas
Truist Financial
Price Target 23 USD
Upside/Downside 11%
View Source
Bernie McTernan
Needham
Price Target 33 USD
Upside/Downside 59%
View Source
Bernie McTernan
Needham
Price Target 44 USD
Upside/Downside 112%
View Source
Jordan Bender
JMP Securities
Price Target 45 USD
Upside/Downside 117%
View Source
Unknown Analyst
Roth Capital
Price Target 35 USD
Upside/Downside 68%
View Source
Unknown Analyst
Morgan Stanley
Price Target 34 USD
Upside/Downside 64%
View Source
Unknown Analyst
Credit Suisse
Price Target 46 USD
Upside/Downside 121%
View Source
Unknown Analyst
Needham
Price Target 50 USD
Upside/Downside 141%
View Source
Unknown Analyst
Truist Financial
Price Target 40 USD
Upside/Downside 92%
View Source
Unknown Analyst
Morgan Stanley
Price Target 35 USD
Upside/Downside 68%
View Source
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Penn National Gaming Inc Competitors:
Price Targets
035250
Kangwon Land Inc
17% Upside
KAMBI
Kambi Group PLC
94% Upside
ACEL
Accel Entertainment Inc
30% Upside
JIN
Jumbo Interactive Ltd
23% Upside
G5E
Tsogo Sun Ltd
5% Upside
TLC
Lottery Corporation Ltd
8% Upside
FDJ
La Francaise des Jeux SA
2% Upside
PARP
Groupe Partouche SA
48% Upside

Revenue
Forecast

Revenue Estimate
Penn National Gaming Inc

For the last 8 years the compound annual growth rate for Penn National Gaming Inc's revenue is 11%. The projected CAGR for the next 3 years is 6%.

11%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Penn National Gaming Inc

For the last 8 years the compound annual growth rate for Penn National Gaming Inc's operating income is -3%. The projected CAGR for the next 3 years is 28%.

-3%
Past Growth
28%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Penn National Gaming Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-35%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PENN's stock price target?
Price Target
23.24 USD

According to Wall Street analysts, the average 1-year price target for PENN is 23.24 USD with a low forecast of 17.68 USD and a high forecast of 31.5 USD.

What is Penn National Gaming Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Penn National Gaming Inc's revenue is 11%. The projected CAGR for the next 3 years is 6%.

What is Penn National Gaming Inc's Operating Income forecast?
Projected CAGR
28%

For the last 8 years the compound annual growth rate for Penn National Gaming Inc's operating income is -3%. The projected CAGR for the next 3 years is 28%.

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