Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for PENN Entertainment (NASDAQ:PENN) Stock

PENN Entertainment (NASDAQ:PENN) had its price objective lifted by analysts at Deutsche Bank Aktiengesellschaft from $16.00 to $17.00 in a research note issued on Friday,MarketScreener reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 8.70% from the stock’s previous close.

Several other research analysts have also weighed in on PENN. Citizens Jmp lowered their target price on shares of PENN Entertainment from $25.00 to $24.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Jefferies Financial Group reissued a “hold” rating and issued a $17.00 target price on shares of PENN Entertainment in a research note on Wednesday, December 24th. Mizuho set a $19.00 price objective on PENN Entertainment in a report on Monday, February 2nd. Canaccord Genuity Group lowered their target price on shares of PENN Entertainment from $26.00 to $21.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Finally, Susquehanna dropped their price target on PENN Entertainment from $20.00 to $17.00 and set a “positive” rating for the company in a research note on Wednesday, February 11th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $19.29.

PENN Entertainment Stock Up 6.8%

Shares of NASDAQ PENN opened at $15.64 on Friday. The business has a 50-day moving average of $13.78 and a two-hundred day moving average of $15.93. 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 company has a market capitalization of $2.08 billion, a price-to-earnings ratio of -2.60, a price-to-earnings-growth ratio of 0.48 and a beta of 1.39. PENN Entertainment has a 1 year low of $11.65 and a 1 year high of $22.13.

PENN Entertainment (NASDAQ:PENN) last announced its earnings results on Thursday, February 26th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.30. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.76 billion. PENN Entertainment had a negative return on equity of 1.79% and a negative net margin of 12.11%.The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.44) EPS. On average, analysts forecast that PENN Entertainment will post -1.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PENN. Caxton Associates LLP purchased a new stake in shares of PENN Entertainment during the first 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 worth $5,620,000 after purchasing an additional 79,978 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in PENN Entertainment by 13.8% in the second quarter. Nisa Investment Advisors LLC now owns 19,800 shares of the company’s stock valued at $354,000 after acquiring an additional 2,401 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of PENN Entertainment by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 346,847 shares of the company’s stock valued at $6,198,000 after purchasing an additional 5,486 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of PENN Entertainment in the second quarter worth about $2,361,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Key Headlines 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 -$0.23 estimate) and revenue of $1.81B, with management citing positive momentum in interactive products and improved retail trends. PENN Entertainment (NASDAQ:PENN) Surprises With Q4 CY2025 Sales, Stock Soars
• Positive Sentiment: Management set explicit 2026 targets — the company is aiming for ~20% interactive-segment EBITDAR growth and ~$3 per share free cash flow while advancing restructuring and cost cuts, which could materially improve margins if achieved. Penn targets 20% interactive segment EBITDAR growth and $3 per share free cash flow in 2026
• Positive Sentiment: Analyst support increased — Deutsche Bank bumped its price target to $17 (maintaining a hold), signaling incremental upgrade in outlook from the Street. Deutsche Bank adjusts PENN price target to $17
• Positive Sentiment: Wells Fargo upgraded PENN from underweight to equal weight and raised its target to $16 — another signal of improving sentiment among institutional analysts. Wells Fargo upgrades PENN, raises price target
• Positive Sentiment: Market reaction to guidance and interactive progress was strong — the stock recently rallied after management outlined a double-digit growth outlook for the year. PENN Climbs on Double-Digit Growth Outlook
• Neutral Sentiment: Full earnings-call detail and transcripts are available for deeper read (useful for assessing cadence on costs, hold rates and interactive trends). Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Coverage noting PENN is “reshaping strategy after costly partnerships” and narrowing Q4 losses — indicates management is pivoting but also acknowledges past execution/partnership costs. Penn Entertainment narrows Q4 losses as bets reshape strategy
• Negative Sentiment: Legal/regulatory risk — management has flagged prediction-market litigation and is pushing for a higher-court resolution; an adverse outcome could hinder interactive growth. CEO Hopes Prediction Market Lawsuits Get to Supreme Court
• Negative Sentiment: Structural headwinds remain — PENN still reports negative net margin and negative ROE and carries elevated leverage, which could cap upside until profitability and balance-sheet metrics materially improve.

About PENN Entertainment

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.