Stifel Rates PENN Entertainment (PENN) buy, $25 Price Target

Stifel analyst Jeffrey Stantial reaffirmed a Buy rating on PENN Entertainment, Inc. (PENN) on June 12, 2026. Stantial set a price target of $25.00 for the Nasdaq-listed casino and sports betting company. This move signals continued confidence in the firm's ability to grow, even as the stock trades much higher than it did earlier in the year.

Potential Upside for PENN Stock

With PENN shares trading at $21.95 on Saturday, the $25.00 target from Stifel suggests there is still some climbing left to do. The stock has shown significant momentum recently, trading well above its 200-day moving average of $16.69 and its 50-day average of $18.90. While the shares are currently hovering near their 52-week high of $22.36, they remain far above the 52-week low of $11.65 seen over the past year. The company's forward P/E ratio sits at 13.50, which gives investors a look at how the market values its expected future earnings relative to its current price.

Recent Earnings and Financial Health

In its most recent financial reports, PENN Entertainment reported annual revenue of $7.16 billion, representing a growth rate of 5.2%. However, the company is currently not profitable, reporting a net margin of -12.66% and a loss of $6.23 per share. This lack of profitability means the company does not have a standard P/E ratio to report. Investors looking for the next update on the company's financial progress should look toward November 5, 2026, when PENN is expected to release its next set of quarterly earnings.

Analysts Set New Price Targets

Stifel isn't the only firm keeping a close eye on the casino operator. On October 12, 2026, Citigroup maintained a Neutral rating but lowered its price target to $17.00. In contrast, Barclays kept an Overweight rating on October 9, 2026, and nudged its target up to $27.00. Deutsche Bank upgraded the stock to a Buy on October 6, 2026, with a $25.00 target. Other firms like Macquarie and Citizens have also issued targets between $25.00 and $26.00 in recent months. Overall, the consensus among 19 analysts is a Buy, with an average price target of $24.39.

About PENN Entertainment

PENN Entertainment operates a massive network of casinos and racetracks across the United States. It has moved heavily into the digital space, running online sportsbooks and gaming apps like theScore Bet and Hollywood Casino. The company uses its PENN Play loyalty program to keep customers engaged across both its physical locations and its digital platforms. Based in Wyomissing, Pennsylvania, the company rebranded from Penn National Gaming in 2022 to reflect its broader focus on entertainment and sports content.

What to Watch at PENN Entertainment, Inc.

Investors should monitor whether PENN can break through its recent 52-week highs to reach the targets set by Stifel and Barclays. The next earnings report in November will be a critical moment to see if the company is making progress toward profitability. While analyst ratings provide a professional outlook, they are opinions based on current data and can change as market conditions shift.