
Accel Entertainment (ACEL) Stock Forecast & Price Target
Accel Entertainment (ACEL) Analyst Ratings
Bulls say
Accel Entertainment Inc. has demonstrated significant growth potential through its expansion beyond Illinois, with non-Illinois revenues projected to account for approximately 28% by 2025, highlighting effective market penetration strategies in Nevada and Montana. The company has exhibited strong performance metrics, as evidenced by a forecasted EBITDA growth rate of 6% CAGR between 2024 and 2027, supported by stable revenue generation from terminal counts and improved capital deployment efficiency. Additionally, double-digit revenue growth in Nebraska and Georgia reflects successful location expansions and market share gains, positioning Accel Entertainment favorably within the competitive gaming landscape.
Bears say
Accel Entertainment's stock outlook is negatively impacted by the stagnation of the over $6 billion U.S. video gaming terminal (VGT) market, particularly as growth appears limited to Illinois, which constitutes approximately 75% of the company's revenue. The company's performance is further undermined by weak price momentum, indicating a pattern of poor medium to long-term returns that could further persist. Additionally, risks related to iGaming legalization, limited trading volume and float, and an unyielding competitive landscape in Illinois constrain Accel Entertainment's growth potential and overall valuation prospects.
This aggregate rating is based on analysts' research of Accel Entertainment and is not a guaranteed prediction by Public.com or investment advice.
Accel Entertainment (ACEL) Analyst Forecast & Price Prediction
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