Wall Street analyst estimates for PENN Entertainment, Inc. (PENN): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
PENN Entertainment, Inc., along with its various subsidiaries, offers a comprehensive range of entertainment, sports media, and casino gaming services across North America. Its operations are segmented into five distinct divisions: Northeast, South, West, Midwest, and Interactive. The firm manages 44 physical venues across 20 U.S.
Consensus price target
$24.50 (+54 % vs price $15.89)
between $17.00 and $28.00 · 8 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $7.4B | $7.3B – $7.5B | $0.89 | 8 |
| 2027E | $7.7B | $7.4B – $7.9B | $1.49 | 8 |
| 2028E | $7.9B | $7.4B – $8.5B | $1.97 | 7 |
Figures in USD · consensus as of October 30, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 30 |
| Hold | 15 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 47 |
| Avg rating (−2 sell to +2 buy) | 0.60 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $0.17 | ||
| 2026-08-06 | $0.25 | $0.37 | -33.1% |
| 2026-04-23 | $-0.02 | $0.05 | -134.4% |
| 2026-02-26 | $-0.55 | $-0.23 | -139.1% |
| 2025-11-06 | $-6.03 | $-0.10 | -5930.0% |
| 2025-08-07 | $-0.12 | $-0.04 | -200.0% |
| 2025-05-08 | $-0.68 | $-0.29 | -134.5% |
| 2025-02-27 | $-0.88 | $-0.29 | -203.4% |
Valuation Ratios
| Price / Book | 1.14 |
| EV / EBITDA | -138.87 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.03B | $3.15B | $3.59B | $5.30B | $3.58B | $5.91B | $6.40B | $6.36B | $6.58B | $6.96B |
| Cost of Revenue | $1.76B | $1.81B | $2.05B | $2.95B | $1.87B | $3.15B | $3.63B | $4.00B | $4.41B | $5.06B |
| Gross Profit | $1.28B | $1.34B | $1.54B | $2.35B | $1.71B | $2.76B | $2.77B | $2.36B | $2.16B | $1.91B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $463.0M | $514.8M | $619.0M | $1.19B | $1.13B | $1.35B | $1.11B | $1.56B | $1.57B | $1.63B |
| Operating Expenses | $734.2M | $781.8M | $905.9M | $1.77B | $2.12B | $1.70B | $1.80B | $3.05B | $2.09B | $1.63B |
| Operating Income | $543.0M | $475.1M | $634.1M | $571.9M | -$410.2M | $1.06B | $974.0M | -$690.2M | $72.5M | $272.1M |
| EBITDA | $851.1M | $708.8M | $898.3M | $1.04B | $76.6M | $1.45B | $1.50B | $400.2M | $562.8M | $32.0M |
| Interest Expense | $459.2M | $466.8M | $539.4M | $534.2M | $543.2M | $562.8M | $758.2M | $464.7M | $470.5M | $405.8M |
| Pre-tax Income | $120.6M | $4.3M | $89.9M | $86.1M | -$834.2M | $539.1M | $175.3M | -$499.6M | -$341.3M | -$820.7M |
| Income Tax | $11.3M | -$498.5M | -$3.6M | $43.0M | -$165.1M | $118.6M | -$46.4M | -$8.2M | -$28.0M | $24.6M |
| Net Income | $109.3M | $502.9M | $93.5M | $43.9M | -$669.5M | $420.8M | $222.1M | -$490.0M | -$311.5M | -$843.1M |
| EPS | $1.21 | $5.53 | $0.96 | $0.38 | $-4.99 | $2.65 | $1.37 | $-3.22 | $-2.05 | $-5.83 |
| EPS (Diluted) | $1.19 | $5.39 | $0.93 | $0.37 | $-4.99 | $2.48 | $1.29 | $-3.22 | $-2.05 | $-5.83 |
| Shares Outstanding (Diluted) | 91.4 M | 93.4 M | 100.3 M | 117.8 M | 134.0 M | 175.5 M | 176.6 M | 152.1 M | 152.1 M | 144.6 M |
Price
| Price | $15.89 (closing price, October 30, 2026) |
| Market Cap | $2.1B |
| Exchange | NASDAQ |
| Country | US |
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