Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
PENN Entertainment Inc has a consensus price target of $21.73 based on the ratings of 26 analysts. The high is $30 issued by Craig-Hallum on October 8, 2024. The low is $16 issued by Citigroup on March 2, 2026. The 3 most-recent analyst ratings were released by Stifel, Macquarie, and Morgan Stanley on June 12, 2026, May 19, 2026, and May 6, 2026, respectively. With an average price target of $21.67 between Stifel, Macquarie, and Morgan Stanley, there's an implied 0.96% upside for PENN Entertainment Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PENN Entertainment (NASDAQ:PENN) was reported by Stifel on June 12, 2026. The analyst firm set a price target for $25.00 expecting PENN to rise to within 12 months (a possible 16.50% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for PENN Entertainment (NASDAQ:PENN) was provided by Stifel, and PENN Entertainment maintained their buy rating.
The last upgrade for PENN Entertainment Inc happened on March 5, 2026 when Benchmark raised their price target to $21. Benchmark previously had a hold for PENN Entertainment Inc.
The last downgrade for PENN Entertainment Inc happened on November 7, 2025 when Needham changed their price target from N/A to N/A for PENN Entertainment Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PENN Entertainment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PENN Entertainment was filed on June 12, 2026 so you should expect the next rating to be made available sometime around June 12, 2027.
While ratings are subjective and will change, the latest PENN Entertainment (PENN) rating was a maintained with a price target of $23.00 to $25.00. The current price PENN Entertainment (PENN) is trading at is $21.46, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
Data & APIs: Benzinga APIs · Stock News API · Analyst Ratings API · Company Logo API
Market data provided by Benzinga APIs
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 06/12/2026 | Buy Now | 16.5% | Stifel | $23 → $25 | Maintains | Buy | Get Alert |
| 05/19/2026 | Buy Now | 7.18% | Macquarie | $22 → $23 | Maintains | Outperform | Get Alert |
| 05/06/2026 | Buy Now | -20.78% | Morgan Stanley | $16 → $17 | Maintains | Equal-Weight | Get Alert |
| 04/24/2026 | Buy Now | 11.84% | Barclays | $23 → $24 | Maintains | Overweight | Get Alert |
| 04/24/2026 | Buy Now | 7.18% | Mizuho | $22 → $23 | Maintains | Outperform | Get Alert |
| 04/24/2026 | Buy Now | 7.18% | JP Morgan | $22 → $23 | Maintains | Overweight | Get Alert |
| 04/24/2026 | Buy Now | 7.18% | Stifel | $22 → $23 | Maintains | Buy | Get Alert |
| 04/16/2026 | Buy Now | 2.52% | JP Morgan | $21 → $22 | Maintains | Overweight | Get Alert |
| 04/16/2026 | Buy Now | 7.18% | Barclays | $22 → $23 | Maintains | Overweight | Get Alert |
| 04/16/2026 | Buy Now | -16.12% | Wells Fargo | $16 → $18 | Maintains | Equal-Weight | Get Alert |
| 04/08/2026 | Buy Now | -25.44% | Morgan Stanley | $15 → $16 | Maintains | Equal-Weight | Get Alert |
| 03/12/2026 | Buy Now | 2.52% | Mizuho | $19 → $22 | Maintains | Outperform | Get Alert |
| 03/05/2026 | Buy Now | -2.14% | Benchmark | → $21 | Upgrade | Hold → Buy | Get Alert |
| 03/02/2026 | Buy Now | -25.44% | Citigroup | $15 → $16 | Maintains | Neutral | Get Alert |
| 02/27/2026 | Buy Now | -25.44% | Wells Fargo | $15 → $16 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 02/11/2026 | Buy Now | -20.78% | Susquehanna | $20 → $17 | Maintains | Positive | Get Alert |
| 02/03/2026 | Buy Now | -2.14% | Canaccord Genuity | $26 → $21 | Maintains | Buy | Get Alert |
| 01/16/2026 | Buy Now | -30.1% | Morgan Stanley | $17 → $15 | Maintains | Equal-Weight | Get Alert |
| 11/21/2025 | Buy Now | -30.1% | Citigroup | → $15 | Initiates | → Neutral | Get Alert |
| 11/18/2025 | Buy Now | -30.1% | Wells Fargo | → $15 | Initiates | → Underweight | Get Alert |
| 11/07/2025 | Buy Now | 11.84% | Citizens | $25 → $24 | Maintains | Market Outperform | Get Alert |
| 11/07/2025 | Buy Now | — | Needham | — | Downgrade | Buy → Hold | Get Alert |
| 11/07/2025 | Buy Now | -2.14% | Stifel | $19 → $21 | Upgrade | Hold → Buy | Get Alert |
| 08/08/2025 | Buy Now | 16.5% | JMP Securities | $24 → $25 | Maintains | Market Outperform | Get Alert |
| 08/08/2025 | Buy Now | 2.52% | Needham | $25 → $22 | Maintains | Buy | Get Alert |
| 07/18/2025 | Buy Now | 2.52% | Barclays | $23 → $22 | Maintains | Overweight | Get Alert |
| 07/11/2025 | Buy Now | -20.78% | Morgan Stanley | $16 → $17 | Maintains | Equal-Weight | Get Alert |
| 07/11/2025 | Buy Now | -11.46% | Stifel | $17 → $19 | Maintains | Hold | Get Alert |
| 06/26/2025 | Buy Now | 11.84% | JMP Securities | → $24 | Upgrade | Market Perform → Market Outperform | Get Alert |
| 06/23/2025 | Buy Now | 11.84% | JP Morgan | → $24 | Initiates | → Overweight | Get Alert |
| 06/10/2025 | Buy Now | 16.5% | Susquehanna | $24 → $25 | Maintains | Positive | Get Alert |
| 05/19/2025 | Buy Now | — | Benchmark | — | Reiterates | Hold → Hold | Get Alert |
| 05/12/2025 | Buy Now | 11.84% | Mizuho | $25 → $24 | Maintains | Outperform | Get Alert |
| 05/05/2025 | Buy Now | 21.16% | Canaccord Genuity | $28 → $26 | Maintains | Buy | Get Alert |
| 04/23/2025 | Buy Now | -6.8% | Truist Securities | $23 → $20 | Maintains | Hold | Get Alert |
| 04/16/2025 | Buy Now | -23.11% | Morgan Stanley | $17.5 → $16.5 | Maintains | Equal-Weight | Get Alert |
| 04/15/2025 | Buy Now | 7.18% | Susquehanna | $26 → $23 | Maintains | Positive | Get Alert |
| 03/18/2025 | Buy Now | -11.46% | Stifel | $22 → $19 | Maintains | Hold | Get Alert |
| 03/04/2025 | Buy Now | 16.5% | Mizuho | $24 → $25 | Maintains | Outperform | Get Alert |
| 03/03/2025 | Buy Now | 11.84% | Wells Fargo | $20 → $24 | Maintains | Equal-Weight | Get Alert |
| 03/03/2025 | Buy Now | — | Benchmark | — | Reiterates | Hold → Hold | Get Alert |
| 02/28/2025 | Buy Now | 21.16% | Macquarie | $26 → $26 | Maintains | Outperform | Get Alert |
| 02/28/2025 | Buy Now | 16.5% | Needham | $26 → $25 | Maintains | Buy | Get Alert |
| 02/11/2025 | Buy Now | -2.14% | Stifel | $20 → $21 | Maintains | Hold | Get Alert |
| 01/16/2025 | Buy Now | — | JMP Securities | — | Reiterates | Market Perform → Market Perform | Get Alert |
| 01/03/2025 | Buy Now | 2.52% | Jefferies | $21 → $22 | Maintains | Hold | Get Alert |
| 12/13/2024 | Buy Now | 25.82% | JP Morgan | $19 → $27 | Upgrade | Neutral → Overweight | Get Alert |
| 11/08/2024 | Buy Now | 25.82% | Macquarie | $26 → $27 | Maintains | Outperform | Get Alert |
| 11/08/2024 | Buy Now | — | Benchmark | — | Reiterates | → Hold | Get Alert |
| 11/08/2024 | Buy Now | 21.16% | Needham | $26 → $26 | Reiterates | Buy → Buy | Get Alert |
| 11/04/2024 | Buy Now | 16.5% | Susquehanna | $26 → $25 | Maintains | Positive | Get Alert |
| 10/23/2024 | Buy Now | -16.12% | Deutsche Bank | $20 → $18 | Maintains | Hold | Get Alert |
| 10/23/2024 | Buy Now | 7.18% | Truist Securities | $25 → $23 | Maintains | Buy | Get Alert |
| 10/22/2024 | Buy Now | -11.46% | Morgan Stanley | $20 → $19 | Maintains | Equal-Weight | Get Alert |
| 10/22/2024 | Buy Now | 11.84% | Mizuho | $25 → $24 | Maintains | Outperform | Get Alert |
| 10/17/2024 | Buy Now | -6.8% | Wells Fargo | $18 → $20 | Maintains | Equal-Weight | Get Alert |
| 10/17/2024 | Buy Now | 2.52% | Barclays | $23 → $22 | Maintains | Overweight | Get Alert |
| 10/08/2024 | Buy Now | -6.8% | Deutsche Bank | $20 → $20 | Reiterates | Hold → Hold | Get Alert |
| 10/08/2024 | Buy Now | 39.79% | Craig-Hallum | $30 → $30 | Maintains | Buy | Get Alert |
| 10/08/2024 | Buy Now | 21.16% | Needham | $26 → $26 | Reiterates | Buy → Buy | Get Alert |
| 10/04/2024 | Buy Now | — | JMP Securities | — | Reiterates | → Market Perform | Get Alert |
| 09/04/2024 | Buy Now | -6.8% | Morgan Stanley | $21 → $20 | Maintains | Equal-Weight | Get Alert |
| 08/09/2024 | Buy Now | 21.16% | Macquarie | $26 → $26 | Maintains | Outperform | Get Alert |
| 08/09/2024 | Buy Now | -6.8% | Deutsche Bank | $18 → $20 | Maintains | Hold | Get Alert |
| 08/09/2024 | Buy Now | 7.18% | Barclays | $22 → $23 | Maintains | Overweight | Get Alert |
| 08/09/2024 | Buy Now | -6.8% | Stifel | $19 → $20 | Maintains | Hold | Get Alert |
| 08/09/2024 | Buy Now | 21.16% | Needham | $26 → $26 | Reiterates | Buy → Buy | Get Alert |
| 08/08/2024 | Buy Now | 21.16% | Needham | $26 → $26 | Reiterates | Buy → Buy | Get Alert |
| 07/22/2024 | Buy Now | 16.5% | Mizuho | $32 → $25 | Maintains | Outperform | Get Alert |
| 07/12/2024 | Buy Now | -2.14% | Morgan Stanley | $20 → $21 | Maintains | Equal-Weight | Get Alert |
| 06/25/2024 | Buy Now | — | Raymond James | — | Downgrade | Outperform → Market Perform | Get Alert |
| 06/21/2024 | Buy Now | 21.16% | Susquehanna | $26 → $26 | Maintains | Positive | Get Alert |
| 06/21/2024 | Buy Now | 39.79% | Craig-Hallum | $20 → $30 | Upgrade | Hold → Buy | Get Alert |
| 06/14/2024 | Buy Now | 16.5% | Truist Securities | $23 → $25 | Maintains | Buy | Get Alert |
| 06/04/2024 | Buy Now | — | JMP Securities | — | Reiterates | → Market Perform | Get Alert |
| 05/31/2024 | Buy Now | 21.16% | Susquehanna | $27 → $26 | Maintains | Positive | Get Alert |
| 05/21/2024 | Buy Now | -6.8% | Raymond James | → $20 | Initiates | → Outperform | Get Alert |
| 05/15/2024 | Buy Now | 21.16% | Needham | $26 → $26 | Reiterates | Buy → Buy | Get Alert |
| 05/13/2024 | Buy Now | -18.45% | B of A Securities | $28 → $17.5 | Downgrade | Buy → Neutral | Get Alert |
| 05/03/2024 | Buy Now | -16.12% | Wells Fargo | $21 → $18 | Maintains | Equal-Weight | Get Alert |
| 05/03/2024 | Buy Now | -6.8% | Craig-Hallum | $25 → $20 | Maintains | Hold | Get Alert |
| 05/03/2024 | Buy Now | — | Benchmark | — | Reiterates | → Hold | Get Alert |
| 05/03/2024 | Buy Now | 2.52% | Barclays | $26 → $22 | Maintains | Overweight | Get Alert |
| 05/03/2024 | Buy Now | 49.11% | Mizuho | $29 → $32 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 21.16% | Needham | $32 → $26 | Maintains | Buy | Get Alert |
| 05/02/2024 | Buy Now | -11.46% | Stifel | $23 → $19 | Maintains | Hold | Get Alert |
| 05/02/2024 | Buy Now | 49.11% | Needham | $32 → $32 | Reiterates | Buy → Buy | Get Alert |
| 04/29/2024 | Buy Now | 30.48% | Canaccord Genuity | $32 → $28 | Maintains | Buy | Get Alert |
| 04/23/2024 | Buy Now | 7.18% | Truist Securities | $23 → $23 | Upgrade | Hold → Buy | Get Alert |
| 04/23/2024 | Buy Now | — | JMP Securities | — | Reiterates | → Market Perform | Get Alert |
| 04/19/2024 | Buy Now | 21.16% | Barclays | $27 → $26 | Maintains | Overweight | Get Alert |
| 04/16/2024 | Buy Now | — | Benchmark | — | Initiates | → Hold | Get Alert |
| 04/09/2024 | Buy Now | 2.52% | Morgan Stanley | $21 → $22 | Maintains | Equal-Weight | Get Alert |
| 03/26/2024 | Buy Now | 35.14% | Mizuho | → $29 | Initiates | → Buy | Get Alert |
| 02/28/2024 | Buy Now | -2.14% | Morgan Stanley | $23 → $21 | Maintains | Equal-Weight | Get Alert |
| 02/16/2024 | Buy Now | 16.5% | Craig-Hallum | $30 → $25 | Maintains | Hold | Get Alert |
| 02/16/2024 | Buy Now | 49.11% | Canaccord Genuity | $35 → $32 | Maintains | Buy | Get Alert |
| 02/16/2024 | Buy Now | 25.82% | Barclays | $35 → $27 | Maintains | Overweight | Get Alert |
| 02/16/2024 | Buy Now | 7.18% | Stifel | $27 → $23 | Maintains | Hold | Get Alert |
| 02/16/2024 | Buy Now | 7.18% | Truist Securities | $27 → $23 | Maintains | Hold | Get Alert |