
Golden Entertainment (GDEN) Stock Forecast & Price Target
Golden Entertainment (GDEN) Analyst Ratings
Bulls say
Golden Entertainment has demonstrated notable financial performance, particularly in its Nevada Locals Casinos segment, which achieved a 7% year-over-year increase in EBITDA and saw an EBITDA margin expansion of 170 basis points to 46%. Management has indicated sustained positive local trends into the third quarter, alongside the anticipation of further benefits from new tax legislation in 2026. Additionally, the company's share repurchase program, which included $15 million in shares repurchased in the second quarter, reflects a commitment to enhancing shareholder value amid a favorable economic outlook for the southern Nevada gaming market.
Bears say
Golden Entertainment's second-quarter results showed a decline in revenue and EBITDA, with the Tavern segment experiencing a year-over-year decrease of 7% in revenue and 25% in EBITDA due to increased promotional pressures. The STRAT's performance highlighted a drop in occupancy to 60%, reflecting broader challenges faced by Strip operators, though EBITDA saw a milder decline of only 5% thanks to mitigation strategies. Overall, the company's reported financials of $163 million in revenue and $38.4 million in EBITDA represent a 2% and 7% decline year-over-year, respectively, falling short of consensus expectations.
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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