FUN Stock Forecast & Price Target

Six Flags Entertainment Corp. demonstrated strong performance in its Year-To-Date (YTD) financial metrics, with food and beverage transactions per guest increasing by 10% year-over-year and demand for high-margin offerings rising by 8%, particularly during peak attendance periods. The company is poised for robust EBITDA growth, driven by guided synergies and an enhanced management team that is focused on restoring the performance of legacy assets while also improving trading liquidity and investor interest. Furthermore, the performing parks, which contribute approximately 70% of YTD EBITDA, experienced a 5% increase in attendance and margin improvements, supporting a positive long-term outlook for growth and profitability.

Six Flags Entertainment Corp has revised its fiscal year 2025 adjusted EBITDA targets downward by approximately 10% for the second consecutive quarter, citing underperformance in October and operational missteps. September attendance fell by 5% year-over-year, with additional declines anticipated due to a challenging weather comparison and disruptions in the sales cycle for season passes. Furthermore, admissions per capita revenue decreased by 8% year-over-year during the third quarter, largely attributable to unsuccessful promotional efforts and a higher proportion of lower-ticket season pass guests.