Recent Analysts’ Ratings Updates for PENN Entertainment (PENN)

A number of research firms have changed their ratings and price targets for PENN Entertainment (NASDAQ: PENN):

• 10/20/2026 – PENN Entertainment had its price target lowered by JPMorgan Chase & Co. from $27.00 to $24.00. They now have an “overweight” rating on the stock.
• 10/19/2026 – PENN Entertainment had its price target lowered by Susquehanna from $30.00 to $26.00. They now have a “positive” rating on the stock.
• 10/19/2026 – PENN Entertainment had its price target lowered by Wells Fargo & Company from $23.00 to $22.00. They now have an “equal weight” rating on the stock.
• 10/19/2026 – PENN Entertainment had its price target lowered by Morgan Stanley from $20.00 to $18.00. They now have an “equal weight” rating on the stock.
• 10/13/2026 – PENN Entertainment was given a new $23.00 price target by The Goldman Sachs Group.
• 10/13/2026 – PENN Entertainment was upgraded by Piper Sandler from “neutral” to “buy”. They now have a $26.00 price target on the stock.
• 10/13/2026 – PENN Entertainment had its “market outperform” rating reaffirmed by Citigroup.
• 10/12/2026 – PENN Entertainment was upgraded by Zacks Research from “hold” to “strong-buy”.
• 10/12/2026 – PENN Entertainment had its price target lowered by Citigroup from $22.00 to $17.00. They now have a “neutral” rating on the stock.
• 10/9/2026 – PENN Entertainment had its price target raised by Barclays from $26.00 to $27.00. They now have an “overweight” rating on the stock.
• 10/6/2026 – PENN Entertainment was upgraded by Deutsche Bank Aktiengesellschaft from “hold” to “buy”. They now have a $25.00 price target on the stock, up from $23.00.
• 9/21/2026 – PENN Entertainment had its “sell (d-)” rating reaffirmed by Weiss Ratings.

PENN Entertainment Price Performance

Shares of PENN Entertainment stock opened at $17.02 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 3.79. The firm has a fifty day simple moving average of $16.05 and a 200-day simple moving average of $16.79. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of -2.68, a PEG ratio of 0.38 and a beta of 1.39. PENN Entertainment, Inc. has a 1-year low of $11.65 and a 1-year high of $22.36.

PENN Entertainment (NASDAQ:PENN) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.07. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.86 billion. PENN Entertainment had a positive return on equity of 2.93% and a negative net margin of 12.66%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.12) EPS. On average, sell-side analysts expect that PENN Entertainment, Inc. will post 1.20 earnings per share for the current year.

PENN Entertainment, Inc is a North American provider of integrated entertainment, gaming and sports betting. The company operates casinos, racetracks and video gaming terminals, offering slot machines, table games, poker, sports wagering, hotel accommodations, restaurants, entertainment venues and other amenities.

PENN’s portfolio includes regional gaming properties operating under brands such as Hollywood Casino, Ameristar, L’Auberge and M Resort. Its land-based operations serve customers across numerous U.S.