Wells Fargo has initiated coverage on PENN Entertainment Inc (PENN) with an Underweight rating, marking the firm's first assessment of the company. This decision reflects their analysis of PENN's business dynamics and growth prospects.
Headquartered in Wyomissing, Pennsylvania, PENN Entertainment operates a diverse portfolio of casinos, racetracks, and online gaming services across 28 jurisdictions in North America. The company employs 23,118 full-time staff and engages in providing integrated entertainment and sports content under several brands, including Hollywood Casino and ESPN BET.
As of November 17, 2025, PENN's stock is priced at $13.76, and the company holds a market capitalization of $1.8 billion. The latest earnings report for Q3 2025 showed an EPS of -$0.30, significantly below the estimate of -$0.04, resulting in a surprise of -621.2%. Looking ahead, the company is scheduled to report earnings on August 4, 2026, with an EPS estimate of $0.30 and revenue expected to reach $1.8 billion.
Analyst ratings are informed opinions based on extensive research and financial modeling. While they can offer valuable insights, these assessments are dependent on various assumptions that may not hold true. Investors should consider multiple factors, including company fundamentals and market trends, when making decisions. It's also important to note that analyst ratings can shift as new information becomes available, leading to differing opinions among analysts on the same stock.