FUN Stock Forecast & Price Target

Six Flags Entertainment Corp is positioned for strong EBITDA growth, supported by a notable increase in food and beverage transactions per guest, which rose by 10% year-over-year, alongside continued robust demand for high-margin products, contributing to a positive financial outlook. The parks categorized as "outperforming," which account for approximately 70% of year-to-date EBITDA, demonstrated a 5% year-over-year attendance growth and improved profit margins, indicative of effective operational management and market demand. Furthermore, the potential for synergies, alongside a more qualified management team and opportunities for asset divestitures, suggests an accelerated pathway for financial stability and long-term growth.

Six Flags Entertainment Corp has experienced a decline in attendance, with September figures showing a 5% decrease year-over-year, influenced by a shift in advertising strategies and adverse weather conditions that affected season pass sales. Management has reduced its FY25 EBITDA guidance for the second consecutive quarter, now projecting a midpoint of $780-805 million, reflecting a significant 10% decrease attributed to operational and marketing missteps. Additionally, a drop in admissions per capita revenue by 8% year-over-year in 3Q25, due to unsuccessful promotional efforts and a less favorable mix of lower-ticket yield guests, further underscores the company's ongoing challenges.