Stifel Rates PENN Entertainment (PENN) buy, $25 Price Target
Stifel analyst Jeffrey Stantial reaffirms a buy rating for PENN with a price target of $25, a 15.31% upside from the current price.
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Stifel rated PENN Entertainment, Inc. ($PENN) "buy" with a $25 price target on June 12, 2026.
Since the rating, $PENN is down 3.9% after 1 week, down 5.5% after 1 month and down 31.1% to date (from the $21.68 close on Jun 12, 2026).
PENN
PENN Entertainment, Inc.
Key Points
- On June 12, 2026, Stifel reaffirmed its buy rating for PENN Entertainment, setting a price target of $25, up from the current share price of $21.68.
- Stifel's $25 price target implies 15.31% upside from PENN Entertainment, Inc.'s ($PENN) current $21.68 share price.
- The company's stock trades well above its 52-week low of $11.65 and near its 52-week high of $22.36.
- PENN Entertainment has a market cap of approximately $2.16 billion and is expected to report earnings on November 5, 2026.
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Stifel Affirms Bullish Outlook for PENN
On June 12, 2026, Stifel analyst Jeffrey Stantial reiterated a buy rating for PENN Entertainment, Inc. (NASDAQ: PENN), setting a price target of $25. This target comes as the stock is trading at $21.68, reflecting Stifel's confidence in the company's growth potential.
Why Stifel's Rating Matters
Stifel's reaffirmation follows a trend of positive sentiment towards PENN. The stock has seen a rise in analyst ratings recently, with several firms maintaining or upgrading their price targets. The current $25 target suggests that Stifel sees significant upside from the current share price, which is approximately 14% below the target.
Analysts Set New Price Targets
Stifel is not alone in its bullish outlook. Other analysts have also weighed in on PENN's prospects. For example, Deutsche Bank upgraded its rating to buy with a target of $25 on October 6, 2026. Meanwhile, Barclays maintained its overweight rating with a target of $27 on October 9, 2026. This consensus indicates a generally favorable view among analysts, with a mean price target of about $24.39 from 19 opinions.
Stock Performance Context
PENN's stock is performing well, trading near its 52-week high of $22.36, which suggests that it has bounced back significantly from its low of $11.65. The stock's performance has been supported by strong revenue growth, with the company reporting $7.16 billion in revenue over the last year. The stock's current price is also above its 50-day moving average of $18.90, indicating positive momentum.
$PENN price target
PENN Entertainment, Inc. daily closes and this analyst's $25 target. Not advice.
Recent Earnings
PENN Entertainment reported a revenue growth of 5.2% year-over-year but faced challenges with a net margin of -12.66%. The company is expected to release its next earnings report on November 5, 2026, which will provide further insights into its financial health and operational performance.
What PENN Does
PENN Entertainment, Inc. operates a diverse portfolio of casinos and offers online gaming and sports betting services. The company is based in Wyomissing, Pennsylvania, and employs over 23,000 people. Its wide-ranging entertainment services position it well within the growing consumer cyclical sector.
What to Watch at PENN
Investors should keep an eye on PENN’s upcoming earnings report on November 5, 2026, as it may provide more clarity on the company's financial trajectory. Stifel's latest rating is part of a broader trend of positive analyst sentiment, which reflects growing confidence in PENN's business model and market position.
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Source: Stifel's rating change on $PENN (Jun 12, 2026). Written by software, not financial advice. How we make alerts