PENN Entertainment Inc. research snapshot

PENN AI Stock Analysis

PENN AI stock analysis as of the August 4, 2026 data cutoff reads PENN Entertainment Inc. as a regional casino operator whose property-level cash flow funds a theScore Bet led interactive business that is no longer tied to ESPN BET. The company and ESPN mutually agreed to terminate the exclusive online sports betting marketing agreement effective December 1, 2025, with PENN paying $43.1 million in the fourth quarter of 2025 and ESPN forfeiting unvested warrants while retaining about $8 million of vested warrants near a $29 strike. PENN rebranded its U.S. and Canadian online sports betting brands to theScore Bet and refocused digital spending on U.S. iCasino states and Canada. The stock closed at $19.98 on August 3, 2026, down 0.55 or 2.68%, with a market cap near $2.54 billion on 127.13 million shares outstanding, down from 133.4 million basic shares at the end of Q1 2026 as buybacks continue under the $750 million authorization that began January 1, 2026. TTM revenue was about $7.07 billion, but GAAP net income was a loss of about $957 million. The interactive segment loss narrowed to about $10.8 million adjusted EBITDA in Q1 2026 from $76.6 million in Q3 2025, iCasino revenue grew about 15% and online sports betting about 5% year over year, and marketing spend fell more than 65%. Management raised 2026 retail guidance to $5.73 billion to $5.86 billion in revenue and $1.88 billion to $1.98 billion in adjusted EBITDA, expects about $1.6 billion of interactive revenue with roughly $20 million of interactive adjusted EBITDA loss driven entirely by the Alberta launch on July 13, 2026, expects a profitable interactive fourth quarter, and continues to guide to more than $3 of free cash flow per share in 2026 with lease-adjusted net leverage of 5.3x to 5.7x. The bullish case requires the interactive segment to reach breakeven, the four development projects to ramp, and free cash flow to keep delevering the balance sheet. The caution is that PENN still runs GAAP net losses, carries a large total debt load including operating lease liabilities, and competes in online gaming against better-capitalized rivals, so the PENN AI stock forecast remains tied to execution rather than momentum.

Current price

$19.98 at the August 3, 2026, 4:00 PM EDT market close, down 0.55 or 2.68% from the $20.53 July 31 close, after opening at $20.54 and trading in a session range of $19.92 to $20.69, with the daily history table confirming the same $19.98 close on volume of about 3.12 million shares and an after-hours quote of $20.00, up 0.02 or 0.10%

Market cap

$2.54 billion reported by StockAnalysis.com at the August 3, 2026 market close, verified at 0.00% deviation against the $19.98 price times 127.13 million shares outstanding

AI score

58 / 100

Rating

Improving regional casino operator with narrowing interactive losses and rising free cash flow under theScore Bet after the ESPN BET exit, but still leveraged and not yet consistently GAAP-profitable

Trend status

Price near $19.98 sits below its 20-day and 50-day moving averages after pulling back from the June 2026 high near $22.36, but well above the 200-day average near $16.30, so the intermediate trend remains constructive with Q2 earnings on August 6 as the next catalyst

Data cutoff (updated monthly)

August 4, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness
B-level information richness. PENN Entertainment has a long public history, FY2025 and Q1 2026 earnings releases and calls, the Q1 2026 Form 10-Q filed April 29, 2026, SEC EDGAR XBRL data, multi-source quote and market-cap data, and broad analyst coverage. The Q2 2026 report is scheduled for August 6, 2026, after the data cutoff, so the most recent reported quarter is Q1 2026. The GAAP versus adjusted earnings gap, the operating lease classification of the REIT debt, and the S&P Global versus Fiscal.ai operating income definitions require careful interpretation.
bias Check
The main AI bias risk is treating the ESPN BET exit and the narrowing interactive loss as proof that digital profitability is secured, while underweighting the large total debt load including operating lease liabilities, the still-negative GAAP net income, competitive pressure from better-capitalized online rivals, and the risk of recession in regional casino markets. The research must separately test property-level retail economics, interactive cash burn, and the lease-adjusted leverage trajectory.
ai Confidence
High for current price, share count, market-cap math, revenue, net income, balance-sheet disclosures, analyst targets, and the Q1 2026 reported results because multiple sources align. Medium for normalized forward earnings and free cash flow because management uses an adjusted free cash flow definition of more than $3 per share that differs from the trailing GAAP free cash flow of about negative $28 million, and the timing of interactive profitability remains uncertain.
investment Certainty
Low to medium. PENN has valuable regional casino properties, a strong theScore brand in Canada, and an improving free cash flow story, but investment certainty is below data confidence because the balance sheet carries a large debt load, GAAP profitability is not yet consistent, and digital competition remains intense.

Quick verdict table

DimensionConclusionConfidence
Business qualityPENN operates regional casinos and racetracks under brands including Hollywood Casino, L'Auberge, Ameristar, M Resort, and Boomtown, plus online sports betting and iCasino through theScore Bet, theScore Casino, and Hollywood Casino digital products, and the PENN Play loyalty program. Q1 2026 retail revenue was about $1.4 billion with adjusted EBITDA of $471.4 million at a 33.2% segment margin.Medium
MoatThe moat comes from regulatory barriers to entry in regional casino markets, established property-level brands, the theScore media brand in Canada, a loyalty database of more than 33 million, and cross-sell between retail and digital customers. It narrows when new casino supply enters regional markets, online competitors outspend on customer acquisition, or digital retention after the ESPN BET rebrand disappoints.Low to medium
ManagementCEO Jay Snowden and the leadership team executed the early termination of the ESPN BET agreement, the rebrand to theScore Bet, a $750 million share repurchase authorization starting January 1, 2026, and a $600 million 6.75% notes offering due 2031 that repaid revolver borrowings. The key test is whether the interactive segment reaches profitability and deleveraging continues as planned.Medium
Financial trendFY2025 revenue reached about $6.96 billion with a GAAP net loss of about $843 million, largely from impairment and warrant charges tied to the ESPN BET exit. Q1 2026 revenue was about $1.78 billion with a GAAP net loss of only $2.3 million and operating income of $97.1 million, and the interactive adjusted EBITDA loss narrowed to $10.8 million. Management raised 2026 retail guidance and expects a profitable interactive fourth quarter.Medium
ValuationAt $19.98, GAAP P/E is not meaningful due to net losses. Price-to-sales near 0.36x on TTM revenue of $7.07 billion is low, price-to-book near 1.39x on book value of $1.82 billion. The statistics page forward P/E of 13.34 is computed against the roughly $1.49 FY2027 consensus EPS, while the same price divided by the $0.91 FY2026 adjusted EPS estimate is about 22x. Enterprise value near $13.02 billion reflects a total debt figure that includes operating lease liabilities.Medium
Technical trendPENN rallied from a 52-week low near $11.65 to an intraday high of $22.36 on June 16, 2026, then pulled back to $19.98 by August 3, 2026. The stock trades below its computed 20-day moving average near $20.71 and the 50-day average near $20.48, but well above the 200-day average near $16.30, leaving the intermediate trend constructive and the next earnings report on August 6 as the key catalyst.Medium
Risk levelKey risks are total debt of about $11.19 billion including operating lease liabilities under the S&P Global classification versus roughly $2.92 billion of traditional funded debt, GAAP net losses, interactive segment competition from DraftKings, FanDuel, BetMGM, and Caesars, a potential recession in regional casino markets, new casino supply, state tax and iGaming legislative proposals including pending litigation in Maine, and the Alberta launch cost of about $20 million.Medium
AI confidenceData confidence is high for reported financials, market data, analyst consensus, and balance-sheet figures that cross-validated across StockAnalysis.com, SEC EDGAR XBRL, the Q1 2026 Form 10-Q, and the Q1 2026 earnings call. Forecast confidence is medium-low because GAAP losses, non-cash items, adjusted free cash flow definitions, and uncertain interactive profitability make static multiples less reliable.High data confidence
Investment certaintyPENN screens as a leveraged regional casino operator with valuable properties, a strong Canadian digital brand, and an improving free cash flow profile, not a high-certainty compounder. Certainty depends on interactive breakeven, the ramp of the development projects, buyback execution, and regional gaming demand avoiding recession.Low to medium

PENN AI stock forecast

PENN AI Stock Forecast Scenarios

The PENN AI stock forecast uses a normalized adjusted EPS assumption of $1.20, placed between the FY2026 consensus of $0.91 and the FY2027 consensus of $1.49, to reflect the expected improvement in profitability. Using 3-year growth inputs of 25%, 10%, and (15%), and terminal multiples of 16x, 12x, and 7x, the audited model produced bullish value near $37.50, base value near $19.20, and bearish value near $5.20. These are scenario ranges, not price promises.

Bullish case

$30 to $45

More likely if PENN's interactive segment reaches breakeven or better ahead of plan, the Alberta launch gains share comparable to Ontario, the four development projects ramp at 15% plus cash-on-cash returns, free cash flow stays above $3 per share, buybacks continue, and the market re-rates PENN toward a mid-teens multiple on rising adjusted earnings.

Base case

$16 to $23

More likely if regional casino revenue stays stable, the interactive segment delivers small losses in Q2 and Q3 2026 before a profitable fourth quarter, debt is reduced toward the guided 5.3x to 5.7x lease-adjusted net leverage, adjusted EPS grows from the $0.91 to $1.49 consensus path, and the market keeps PENN near 12x forward earnings around the current $19 to $20 zone.

Bearish case

$4 to $8

More likely if a recession pressures regional gaming revenue, interactive losses return or the Alberta launch underperforms, the balance sheet cannot delever because free cash flow falls short, iGaming tax increases pass in key states such as Michigan or Ohio, or the market compresses leveraged gaming equities toward single-digit multiples.

PENN AI technical analysis

PENN AI Technical Analysis

PENN AI technical analysis uses market data available around the August 4, 2026 cutoff. PENN closed at $19.98 on August 3, 2026, down 0.55 or 2.68%, after a strong rally from the 52-week low near $11.65 to an intraday high of $22.36 on June 16, 2026. The pullback has pushed the price below its computed 5-day, 10-day, and 20-day moving averages of about $20.66, $20.74, and $20.71 and below the 50-day average of $20.48 on StockAnalysis.com statistics, while the 200-day average near $16.30 remains well below price. The 14-day RSI was near 43.70, neutral after the decline, and beta was about 1.41.

LevelValueWhy it matters
Current price$19.98StockAnalysis.com real-time quote at the August 3, 2026, 4:00 PM EDT market close, down 0.55 or 2.68% from the $20.53 July 31 close after opening at $20.54 and trading in a session range of $19.92 to $20.69; the daily history table confirms the $19.98 close on volume of about 3.12 million shares, the after-hours quote was $20.00 up 0.02, and the implied market cap near $2.54 billion matches the price times 127.13 million shares outstanding.
5-day moving average$20.66Computed as the simple average of the five closing prices through August 3, 2026 in the StockAnalysis.com daily price history, above the current price and signaling weak short-term momentum.
10-day moving average$20.74Computed as the simple average of the ten closing prices through August 3, 2026 in the StockAnalysis.com daily price history, just above the 5-day and 20-day averages in a tight cluster.
20-day moving average$20.71Computed as the simple average of the twenty closing prices through August 3, 2026 in the StockAnalysis.com daily price history, the first overhead resistance reference on a bounce.
50-day moving average$20.48StockAnalysis.com statistics reported the 50-day moving average near $20.48 on August 3, 2026, above the current price and part of the overhead resistance cluster.
200-day moving average$16.30StockAnalysis.com statistics reported the 200-day trend line near $16.30 on August 3, 2026, well below the current price and the main signal that the longer-term trend remains up.
Near support$19.00 to $19.50The early June consolidation zone around the June 8 and June 9 closes of $19.17 and $19.23, plus the round $19 level, is the first support cluster below the current price.
Secondary support$17.00 to $18.00The area around the May 26 close of $17.06 and the late May consolidation is the next support floor if the pullback deepens.
Deeper support$16.30 to $17.00The 200-day moving average near $16.30 forms the major support zone. A move back to this level would suggest a larger trend reversal after the June high.
Near resistance$20.70 to $21.20The 5-day, 10-day, and 20-day moving averages near $20.66 to $20.74 plus the July 27 and July 29 closes of $21.18 and $21.20 form the near-term resistance zone.
Next resistance$22.00 to $22.36The June highs and the 52-week high of $22.36 set intraday on June 16, 2026 are the next resistance zone and would require a strong post-earnings move to reclaim.
VolumeAbout 3.12 million shares on August 3Slightly above the 20-day average volume of about 2.74 million shares on a down day. The June 26 session showed a large spike of about 19.8 million shares, likely tied to index or option activity around the June high.
MomentumRSI near 43.7The 14-day RSI was near 43.70 on StockAnalysis.com statistics on August 3, 2026, below the neutral 50 line after the pullback but not yet oversold.
VolatilityBeta near 1.41StockAnalysis.com statistics reported a 5-year beta near 1.41 on August 3, 2026, so PENN tends to move more than the market and position sizing should account for wider swings around the August 6 earnings report.
InvalidationClose below $19.00A decisive break under $19.00 and the early June support cluster would weaken the near-term setup; a close below the 200-day average near $16.30 would signal a larger trend reversal.

PENN AI trading strategy

PENN AI Trading Strategy Framework

The PENN AI trading strategy below is a rules-based research framework, not personal advice. It connects price action with regional casino revenue trends, interactive segment metrics, theScore Bet retention, debt reduction, free cash flow, competitive dynamics in online gaming, and the August 6, 2026 Q2 earnings report as the next catalyst.

Trend-following setup

Watch for PENN to reclaim its 10-day and 20-day moving averages near $20.74 and $20.71 and to hold above the 50-day average near $20.48, ideally confirmed by a Q2 2026 earnings report on August 6 that shows a smaller interactive loss and stable retail margins.

A close below about $19.00, weaker regional gaming trends, or an interactive segment loss wider than expected should reduce trend-following confidence.

Mean-reversion setup

If PENN pulls back toward the $19.00 to $20.00 zone without deterioration in property-level EBITDA, lease-adjusted leverage, or the interactive breakeven path, compare the entry with the audited base and bearish scenarios before treating the move as attractive.

Do not treat every casino stock selloff as cheap if the pullback is driven by interactive cash burn, recession fears, iGaming tax proposals, or balance-sheet stress that could reset the equity value.

Fundamental monitor

Track regional same-store revenue and margins, interactive segment revenue, adjusted EBITDA, and theScore Bet retention after the ESPN BET rebrand, total debt and lease-adjusted net leverage, traditional net leverage, free cash flow per share, buyback pace, development project ramp, and state iGaming and OSB tax proposals.

Position sizing should reflect that PENN carries a large total debt load including operating lease liabilities and has not yet delivered a consistent GAAP profit, so even a stable property-level picture does not remove balance-sheet risk.

Investment research summary

Four-master Research Compression

Business essence

Customers pay PENN for regional casino entertainment, hotel stays, food and beverage, and increasingly for online sports betting and iCasino through theScore Bet and Hollywood Casino digital products. The business works best when regional consumer spending is healthy and the interactive segment can acquire customers at reasonable cost.

Moat

PENN benefits from regulatory barriers to entry in regional casino markets, established property-level brands, the theScore media brand in Canada, a loyalty database of more than 33 million, and cross-sell between retail and digital customers. The moat can narrow if online competitors outspend on acquisition, new casino supply enters existing markets, or digital retention after the ESPN BET exit disappoints.

Munger risk inversion

The thesis fails if the interactive segment returns to heavy cash burn after the ESPN BET exit, regional gaming revenue declines in a recession, the large debt load including operating lease liabilities restricts financial flexibility, the Alberta launch costs more than the guided $20 million, iGaming tax increases pass in key states, or the development projects deliver returns below the promised 15% plus cash-on-cash hurdle.

Management

Jay Snowden and the leadership team terminated the ESPN BET agreement, rebranded to theScore Bet, refinanced debt with a $600 million 6.75% notes offering due 2031, refinanced the revolver and Term Loan A, and started a $750 million share repurchase authorization. The capital allocation test is balancing interactive investment, buybacks, deleveraging, and property development without extending the balance sheet.

Industry trend

Regional casino gaming benefits from stable consumer demand and limited new supply in many markets, and online sports betting and iCasino continue to expand state by state. The industry remains exposed to recession risk, state tax and legislative changes including a Maine iGaming lawsuit, prediction-market competition on the OSB side, and competitive pressure from larger online operators.

Valuation and margin of safety

At $19.98, PENN trades near the audited base case and below the bullish scenario. Margin of safety is limited because GAAP losses are large, the total debt figure of about $11.19 billion includes operating lease liabilities, and the interactive segment has not yet delivered a full quarter of profitability.

Source-backed data

PENN Data Table

Every metric below includes a source and last verification date.

MetricValueSourceLast verified
PENN quote referenceAbout $19.98 close on August 3, 2026, down 0.55 or 2.68% from $20.53, with a $19.92 to $20.69 session range and an after-hours quote of $20.00StockAnalysis.com real-time quote and daily price historyAugust 4, 2026
Market capitalization verification$2.54 billion reported by StockAnalysis.com; Pineify financial_rigor.py verified the $19.98 price times 127.13 million shares at 0.00% deviationPineify financial_rigor.py and StockAnalysis.com statisticsAugust 4, 2026
Shares outstandingAbout 127.13 million shares outstanding on StockAnalysis.com statistics as of August 3, 2026, down 8.10% year over year; the Q1 2026 earnings call cited 133.4 million basic shares at the end of Q1 2026 plus 4.5 million potential dilutive shares from the convertible notes stub and about 1 million from RSUs and stock optionsStockAnalysis.com statistics and PENN Q1 2026 earnings callAugust 4, 2026
TTM revenue and GAAP net incomeTTM revenue about $7.07 billion up 6.38%; TTM GAAP net loss about $957.20 million; loss per share about $6.86 on the statistics page and $6.72 on the financials pageStockAnalysis.com statistics and financialsAugust 4, 2026
FY2025 annual resultsRevenue about $6.96 billion up 5.82% from $6.58 billion; GAAP net loss about $843.1 million; operating loss about $673.6 million; operating cash flow about $508.2 million; free cash flow about negative $139.5 millionStockAnalysis.com financials and cash flow statementAugust 4, 2026
Q1 2026 resultsRevenue about $1.78 billion; gross profit about $641.8 million; operating income about $97.1 million; GAAP net loss about $2.3 million; GAAP EPS about negative $0.02; operating cash flow about $122.4 million; free cash flow about positive $27.8 millionStockAnalysis.com financials and PENN Q1 2026 earnings releaseAugust 4, 2026
Q1 2026 retail segmentRetail revenue about $1.4 billion, adjusted EBITDA of $471.4 million, and segment adjusted EBITDA margin of 33.2%, including a one-time net $5 million legal accrual benefit in the South regionPENN Q1 2026 earnings callAugust 4, 2026
Q1 2026 interactive segmentInteractive revenue of $358.3 million including a $185.8 million tax gross-up; adjusted EBITDA loss of $10.8 million; iCasino revenue up about 15% year over year and online sports betting revenue up about 5%; marketing spend down more than 65%; interactive adjusted EBITDA improved about $78 million year over yearPENN Q1 2026 earnings callAugust 4, 2026
2026 guidanceRetail revenue of $5.73 billion to $5.86 billion and retail adjusted EBITDA of $1.88 billion to $1.98 billion; interactive revenue of about $1.6 billion including about $820 million of tax gross-up and interactive adjusted EBITDA loss of about $20 million driven entirely by the Alberta launch; other segment adjusted EBITDA of about negative $119 million; total 2026 CapEx of $420 million; net cash interest of about $150 million; no cash taxes expected in 2026PENN Q1 2026 earnings callAugust 4, 2026
Free cash flow and leverage outlookManagement expects more than $3 of free cash flow per share in 2026 with lease-adjusted net leverage of 5.3x to 5.7x and traditional net leverage lower by over 2 turns; a profitable interactive fourth quarter is expected in 2026PENN Q1 2026 earnings callAugust 4, 2026
ESPN BET early terminationMutual early termination of the exclusive online sports betting marketing agreement effective December 1, 2025; $38.1 million paid to ESPN in Q4 2025 for marketing services through December 1 plus $5 million for December traditional media; all unvested warrants forfeited; ESPN retained about $8 million of vested warrants near a $29 strike representing about 0.2% dilutionPENN Q3 2025 earnings callAugust 4, 2026
Q3 2025 interactive segmentInteractive revenue of $297.7 million including a $139.5 million tax gross-up and an adjusted EBITDA loss of $76.6 million, before the interactive improvement seen in Q1 2026PENN Q3 2025 earnings callAugust 4, 2026
Balance sheet cashCash and cash equivalents of about $708 million as of March 31, 2026, matching the Q1 2026 earnings call statement of $708 million in cash and $1.7 billion of total liquidity; SEC EDGAR XBRL shows cash, cash equivalents, restricted cash, and restricted cash equivalents of $744.7 million for the same datePENN Q1 2026 earnings call and SEC EDGAR XBRLAugust 4, 2026
Total debt breakdownStockAnalysis.com reports total debt of about $11.19 billion as of March 31, 2026 under the S&P Global classification, comprising $38.3 million current portion of long-term debt, $483 million current portion of leases, $2.886 billion long-term debt, and $7.786 billion long-term leases; SEC EDGAR XBRL confirms long-term debt of about $2.89 billion for the same dateStockAnalysis.com balance sheet and SEC EDGAR XBRLAugust 4, 2026
Traditional funded debtTraditional funded debt excluding operating lease liabilities is roughly $2.92 billion, made up of the $38.3 million current portion and $2.886 billion long-term debt, before the $600 million 6.75% notes due 2031 issued in March 2026 that repaid revolver borrowingsStockAnalysis.com balance sheet and PENN Q1 2026 earnings callAugust 4, 2026
Net debt and equityNet cash of about negative $10.49 billion under the S&P Global classification including leases, net cash per share of about negative $82.48, total common shareholders equity of about $1.83 billion, book value per share of about $14.39 on the statistics page and $13.07 on the balance sheet pageStockAnalysis.com statistics and balance sheetAugust 4, 2026
Cash flow TTMOperating cash flow of about $588.7 million, capital expenditures of about negative $617.1 million, and free cash flow of about negative $28.4 million over the trailing twelve months; buyback yield of 8.10%StockAnalysis.com cash flow statement and statisticsAugust 4, 2026
Valuation ratiosPrice-to-sales about 0.36x; price-to-book about 1.39x; price-to-operating-cash-flow about 4.31x; enterprise value about $13.02 billion with EV-to-sales about 1.84x; GAAP P/E not meaningful due to net losses; forward P/E of 13.34 on the statistics page is based on the roughly $1.49 FY2027 consensus EPS, while the FY2026 adjusted EPS consensus of $0.91 implies about 22xStockAnalysis.com statisticsAugust 4, 2026
Margins and efficiencyTTM gross margin about 34.53%, operating margin about negative 8.76% on the financials page versus a positive 4.66% on the statistics page under a different operating income definition, profit margin about negative 13.54%, EBITDA about negative $163.4 million, ROE about negative 40.06%, ROIC about 2.67%, current ratio about 0.82, and debt-to-equity about 6.14 under the S&P Global classificationStockAnalysis.com statistics and financialsAugust 4, 2026
Analyst consensusBuy consensus across 20 analysts with an average price target of $23.45, a low of $17, a median of $25, and a high of $28, about 17.4% above the August 3, 2026 closeStockAnalysis.com forecast and ratingsAugust 4, 2026
Analyst rating mix, July 20269 Strong Buy, 3 Buy, 8 Hold, 0 Sell, and 0 Strong Sell out of 20 analysts, up from 6 Strong Buy in February 2026StockAnalysis.com forecast recommendation trendsAugust 4, 2026
Recent analyst target updatesCapital One upgraded to Overweight with a $26 target on July 23, Morgan Stanley raised to $19 on July 22, BofA raised to $22 on July 20, Citizens JMP maintained a $26 target on July 16, Goldman Sachs maintained Buy at $26 on July 15, Mizuho raised to $25 on July 15, JPMorgan raised to $26 on July 15, and Wells Fargo trimmed to $23 on July 14StockAnalysis.com ratings and TipRanksAugust 4, 2026
Consensus financial forecastFY2026 revenue estimate of $7.40 billion up 6.32% with adjusted EPS of $0.91; FY2027 revenue estimate of $7.71 billion up 4.22% with adjusted EPS of $1.49; FY2026 adjusted EPS estimate range of $0.45 to $1.65StockAnalysis.com forecastAugust 4, 2026
Short interest and ownershipShort interest of about 15.69 million shares, 12.34% of shares outstanding, 12.56% of float, and 4.01 days to cover, down from 17.09 million shares the prior month; insider ownership about 1.60% and institutional ownership about 113.07% on the statistics pageStockAnalysis.com statisticsAugust 4, 2026
Technical indicators52-week range $11.65 to $22.36 with an intraday high of $22.36 set June 16, 2026; 50-day moving average $20.48 and 200-day moving average $16.30 on StockAnalysis.com statistics; computed 5-day, 10-day, and 20-day moving averages of $20.66, $20.74, and $20.71 from the daily price history; 14-day RSI near 43.70; beta about 1.41; 20-day average volume about 2.74 million sharesStockAnalysis.com statistics and daily price historyAugust 4, 2026
Development projectsFour development projects with aggregate cost of about $800 million net of a $50 million city of Aurora contribution and expected 15% plus cash-on-cash returns: Hollywood Joliet and the M Resort second hotel tower ramping, the Hollywood Columbus hotel tower opened June 12, 2026, the land-based Hollywood Casino Aurora opened June 24, 2026 replacing the riverboat, and the Council Bluffs relocation shifted to 2028PENN Q1 2026 earnings call and company press releasesAugust 4, 2026
Alberta launchtheScore Bet Sportsbook and Casino, theScore Casino, and Hollywood Casino standalone apps launched in Alberta on July 13, 2026 with theScore Bet approved as a registered iGaming operator by the AGLC; the company expects a $20 million interactive loss in 2026 attributable entirely to the Alberta launchPENN Q1 2026 earnings call and Business Wire press releaseAugust 4, 2026
Capital allocationAbout $1.1 billion of shares repurchased since 2022, equal to about 25% of shares outstanding; $354 million repurchased through November 5, 2025 at an average price of $17.64; a new three-year $750 million share repurchase authorization began January 1, 2026PENN Q3 2025 earnings callAugust 4, 2026
Q2 2026 earnings dateQ2 2026 financial results scheduled for release at 7:00 AM ET on Thursday, August 6, 2026, with a conference call and webcastPENN company announcement via Business WireAugust 4, 2026

Frequently Asked Questions

This PENN AI stock analysis is an informational research tool only and is not investment advice, tax advice, or a recommendation to buy or sell any security. Forecast scenarios are based on available public data as of August 4, 2026, and can be wrong if PENN Entertainment execution, regional gaming demand, interactive segment performance, the Alberta launch, competition, regulation, iGaming legislation, debt markets, or market valuation changes.