
Golden Entertainment (GDEN) Stock Forecast & Price Target
Golden Entertainment (GDEN) Analyst Ratings
Bulls say
Golden Entertainment Inc. demonstrated robust financial performance in the second quarter, exhibiting a 7% year-over-year increase in EBITDA driven predominantly by its Nevada Locals Casinos segment, alongside a notable EBITDA margin expansion of 170 basis points to 46%. Management highlighted that positive local market trends persisted into the third quarter, with expectations of enhanced performance linked to forthcoming tax legislation in 2026. Additionally, the company returned value to shareholders by repurchasing $15 million in shares, underlining confidence in its strategic positioning within the favorable southern Nevada gaming market.
Bears say
Golden Entertainment reported a decline in revenues and EBITDA for the second quarter, with revenues down 2% and EBITDA down 7% year-over-year, indicating persistent challenges in its Tavern segment due to an increased promotional environment. Additionally, the company experienced a significant drop in occupancy rates at its STRAT property, which fell to 60%, negatively impacting overall performance despite some mitigation strategies that limited the decline in EBITDA to just 5%. Overall, these financial metrics highlight the pressures facing Golden Entertainment, particularly in key segments that contribute to its primary revenue generation.
This aggregate rating is based on analysts' research of Golden Entertainment and is not a guaranteed prediction by Public.com or investment advice.
Golden Entertainment (GDEN) Analyst Forecast & Price Prediction
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