
Caesars Entertainment (CZR) Stock Forecast & Price Target
Caesars Entertainment (CZR) Analyst Ratings
Bulls say
Caesars Entertainment's stock outlook is supported by anticipated growth in both its Las Vegas and regional markets, with management projecting an increase in brick-and-mortar EBITDAR in 2025 driven by recovering group and convention business, as well as a strong events calendar. The company's digital segment is also expected to contribute positively, with significant positive EBITDA growth anticipated in 2025, highlighting the belief in robust non-gaming revenue streams. As free cash flow ramps up and the balance sheet improves, there is an expectation that the multiples for Caesars' brick-and-mortar business will revert to historical norms, suggesting attractiveness in current trading levels.
Bears say
Caesars Entertainment faces significant headwinds, as evidenced by a nearly 5x leverage ratio at the end of 2024 and a projected reduction to sub-4x by year-end 2025, which reflects persistent financial stress. The company's performance in Las Vegas has been disappointing, with revenue and EBITDAR falling short of expectations and experiencing a year-over-year decline of 4% and 6%, respectively, signaling weak operational resilience. Additionally, challenges in the digital segment, including unfavorable gaming outcomes that resulted in a $40 million EBITDA shortfall, coupled with investment risks such as regulatory concerns and increased competition, further contribute to a bearish outlook for the company's stock.
This aggregate rating is based on analysts' research of Caesars Entertainment and is not a guaranteed prediction by Public.com or investment advice.
Caesars Entertainment (CZR) Analyst Forecast & Price Prediction
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