FUN Stock Forecast & Price Target

The positive outlook on Six Flags Entertainment's stock is supported by significant growth in year-to-date food and beverage transactions per guest, which increased by 10% year-over-year, indicating a healthy demand for high-margin products. Additionally, the company's portfolio of parks, particularly those categorized as "outperforming," delivered notable attendance growth of 5% year-over-year alongside a margin improvement of approximately 300 basis points in the third quarter of 2025, which contributes to strong projected EBITDA growth. Furthermore, anticipated synergies, a refined management team, and the potential for strategic asset divestitures position Six Flags to enhance its financial health and operational effectiveness, supporting a favorable long-term investment thesis.

Six Flags Entertainment's current financial outlook is negatively impacted by a 5% year-over-year decline in September attendance, which management attributed to a shift in advertising spend and operational missteps. The company's revised FY25 EBITDA guidance reflects a substantial reduction of approximately 10% from previous targets, driven by poor performance in October and unsuccessful promotional efforts aimed at increasing attendance. Additionally, a notable 8% decrease in admissions per capita revenue in 3Q25, combined with adverse weather conditions disrupting season pass sales, has further hindered the company's operational metrics and overall profitability.