Six Flags Entertainment (NYSE:FUN) Shares Gap Up – Should You Buy?

Six Flags Entertainment Corporation (NYSE:FUN)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $7.93, but opened at $9.30. Six Flags Entertainment shares last traded at $9.2650, with a volume of 2,197,646 shares.

Six Flags Entertainment News Summary

Here are the key news stories impacting Six Flags Entertainment this week:

• Positive Sentiment: Six Flags reported a third-quarter net loss of $366.1 million, narrower than its $1.19 billion loss a year earlier. Revenue of $1.17 billion slightly topped estimates, helping support a positive market reaction. However, the company’s $3.59-per-share loss missed the cited analyst consensus of $1.93 per share. Six Flags third-quarter results Six Flags rallies after results
• Positive Sentiment: The company is promoting an expanded 2026 holiday-season lineup across 11 parks, including new events and free senior admission. These offers could support seasonal attendance, though their financial impact is uncertain. Six Flags holiday-season announcement
• Negative Sentiment: Management lowered its profit outlook after October brought weaker attendance and fallout from a deadly Georgia roller-coaster incident. Six Flags also launched a ride-safety review, raising concerns about the incident’s effects on guest demand and operating results. Outlook cut and October headwinds Third-quarter results and safety review
• Negative Sentiment: Revenue declined 11% from a year earlier, and the large quarterly loss underscores ongoing financial pressure. The outlook reduction and accident-related attendance concerns may weigh on investor sentiment despite the narrower year-over-year loss. Loss and attendance dip

Analyst Ratings Changes

FUN has been the topic of several analyst reports. Wall Street Zen lowered shares of Six Flags Entertainment from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. UBS Group decreased their price objective on shares of Six Flags Entertainment from $27.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Weiss Ratings restated a “sell (e+)” rating on shares of Six Flags Entertainment in a research note on Wednesday, August 12th. Truist Financial lowered their price objective on shares of Six Flags Entertainment from $28.00 to $22.00 and set a “buy” rating on the stock in a research note on Thursday, September 10th. Finally, Oppenheimer dropped their target price on shares of Six Flags Entertainment from $26.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $16.92.

Six Flags Entertainment Price Performance

The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 43.34. The company’s 50 day moving average is $11.30 and its 200 day moving average is $16.79. The firm has a market capitalization of $877.19 million, a price-to-earnings ratio of -0.50 and a beta of 0.50.

Six Flags Entertainment (NYSE:FUN) last posted its quarterly earnings data on Thursday, November 5th. The company reported ($3.59) EPS for the quarter, missing analysts’ consensus estimates of $1.93 by ($5.52). Six Flags Entertainment had a positive return on equity of 7.43% and a negative net margin of 57.25%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the business earned ($2.20) EPS. Six Flags Entertainment’s revenue was down 11.0% on a year-over-year basis. On average, equities research analysts anticipate that Six Flags Entertainment Corporation will post -0.91 earnings per share for the current fiscal year.

Insider Activity at Six Flags Entertainment

In related news, CEO John Reilly acquired 15,713 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was acquired at an average price of $15.80 per share, with a total value of $248,265.40. Following the purchase, the chief executive officer directly owned 297,736 shares in the company, valued at approximately $4,704,228.80. This trade represents a 5.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On Six Flags Entertainment

A number of institutional investors have recently added to or reduced their stakes in the business. Man Group plc acquired a new stake in Six Flags Entertainment in the second quarter valued at $7,134,000. Legal & General Group Plc acquired a new position in Six Flags Entertainment during the 2nd quarter worth about $4,808,000. Bank of America Corp DE acquired a new position in Six Flags Entertainment during the 2nd quarter worth about $9,066,000. BlackRock Inc. acquired a new position in Six Flags Entertainment during the 2nd quarter worth about $339,057,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Six Flags Entertainment in the 2nd quarter valued at about $11,975,000. 64.65% of the stock is owned by institutional investors.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation is a regional theme park operator headquartered in Charlotte, North Carolina. The company owns and operates amusement parks, water parks and resort properties, offering roller coasters, family rides, live entertainment, seasonal events, food and beverage, merchandise, and other guest experiences. Its portfolio includes parks operating under the Six Flags, Cedar Fair and affiliated brand names, including Six Flags Great Adventure, Cedar Point, Knott’s Berry Farm and Kings Island.

The company serves guests primarily in the United States, as well as in Canada and Mexico.