Deutsche Bank Aktiengesellschaft Raises PENN Entertainment (NASDAQ:PENN) Price Target to $17.00

PENN Entertainment (NASDAQ:PENN) had its target price boosted by stock analysts at Deutsche Bank Aktiengesellschaft from $16.00 to $17.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 18.43% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Citizens Jmp cut their target price on shares of PENN Entertainment from $25.00 to $24.00 and set a “market outperform” rating for the company in a research report on Friday, November 7th. Morgan Stanley lowered their price objective on shares of PENN Entertainment from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Friday, January 16th. Wells Fargo & Company upgraded shares of PENN Entertainment from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $15.00 to $16.00 in a research note on Friday. Stifel Nicolaus upgraded shares of PENN Entertainment from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $19.00 to $21.00 in a report on Friday, November 7th. Finally, Citigroup reiterated a “market outperform” rating on shares of PENN Entertainment in a research note on Monday, December 1st. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PENN Entertainment has an average rating of “Hold” and a consensus price target of $19.73.

PENN Entertainment Stock Down 2.0%

Shares of PENN Entertainment stock opened at $14.35 on Friday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of -2.26, a P/E/G ratio of 0.39 and a beta of 1.39. The stock has a 50-day simple moving average of $13.76 and a 200-day simple moving average of $15.95. PENN Entertainment has a 52-week low of $11.65 and a 52-week high of $22.13.

PENN Entertainment (NASDAQ:PENN) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.30. The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.76 billion. PENN Entertainment had a negative net margin of 13.24% and a negative return on equity of 4.59%. PENN Entertainment’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.44) EPS. On average, equities research analysts expect that PENN Entertainment will post -1.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Caxton Associates LLP bought a new position in PENN Entertainment in the 1st quarter valued at $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in PENN Entertainment by 30.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 344,565 shares of the company’s stock valued at $5,620,000 after acquiring an additional 79,978 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of PENN Entertainment by 13.8% in the second quarter. Nisa Investment Advisors LLC now owns 19,800 shares of the company’s stock worth $354,000 after acquiring an additional 2,401 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in PENN Entertainment by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 346,847 shares of the company’s stock worth $6,198,000 after buying an additional 5,486 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in PENN Entertainment in the second quarter valued at approximately $2,361,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting PENN Entertainment

Here are the key news stories impacting PENN Entertainment this week:

• Positive Sentiment: Q4 results beat consensus — PENN reported adjusted EPS of $0.07 vs. a consensus loss of $0.23 and revenue of $1.81B (vs. ~$1.76B expected), which triggered the initial rally as investors digested the upside. PENN Surpasses Q4 Earnings
• Positive Sentiment: Management issued an upbeat outlook and operational targets — PENN guided to double-digit growth for the year, is targeting ~20% interactive-segment EBITDAR growth and ~$3 per-share free cash flow in 2026, and highlighted positive momentum after rebranding its U.S. sportsbook to theScore Bet and early adjusted EBITDA improvement. Penn targets 20% interactive segment growth
• Positive Sentiment: Analyst upgrade — Wells Fargo moved PENN from “underweight” to “equal weight” and raised its price target to $16, providing additional buy-side validation and likely supporting momentum. Wells Fargo upgrade report
• Neutral Sentiment: Company-level changes reported — Local coverage notes “changes brewing” at PENN (operational/organizational items were discussed on the call), which could be positive or neutral depending on execution; investors will watch follow-ups. Changes brewing at PENN Entertainment
• Negative Sentiment: Regulatory/legal uncertainty — Management flagged prediction-market litigation (CEO wants cases to reach the Supreme Court quickly), highlighting unresolved legal risk that could affect future interactive offerings and timing of revenue realization. Prediction market lawsuits coverage
• Negative Sentiment: Balance-sheet and profitability caveats — Despite the quarter’s beats, PENN still shows negative net margin and ROE, high leverage (debt-to-equity ~3.65) and analysts expect a negative full-year EPS; these structural issues keep earnings risk elevated if growth or cost plans falter. PENN financial profile

PENN Entertainment Company Profile

PENN Entertainment, Inc (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia.