Goldman Sachs cuts Boyd Gaming target to USD 80 for Boyd Gaming stock

Published on 10/15/2026 at 22:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Boyd Gaming reports results October 22, 2026. Boyd Gaming stock costs EUR 63.25 on October 15, 2026, up 1.82 percent on Nasdaq.

Analyst target and reporting date

Goldman Sachs lowered its target to USD 80 from USD 93 on October 13, 2026.
Boyd Gaming is scheduled to report third-quarter results on October 22, 2026, with revenue consensus at USD 1.0 billion.
Boyd Gaming stock costs EUR 63.25 at Lang & Schwarz on October 15, 2026 at 10:40 p.m. CEST, while Nasdaq shares were up 1.82 percent versus the prior close.
Market capitalization was USD 5.2 billion and the price-to-earnings ratio was 3.12.

BYD, US1033041013, Illustration mit AI erstellt.

Goldman Sachs lowered its Boyd Gaming target to USD 80 from USD 93 on October 13, 2026, leaving a Neutral rating, according to Markets Insider. The target stands 12.72 percent above Boyd Gaming's USD 70.97 Nasdaq quote. At Lang & Schwarz, the stock was trading at EUR 63.25 on October 15, 2026 at 10:40 p.m. CEST.

Goldman target reset sets the tone

The target reduction puts the latest analyst view below the USD 93 level that Goldman Sachs had previously assigned. The revised USD 80 target still sits above the home-market quote, but the 13.98 percent cut shows a more cautious stance ahead of the next report.

October 22 brings the next test

Boyd Gaming is scheduled to report third-quarter 2026 results on October 22, 2026. Zacks puts the revenue consensus at USD 1.0 billion, unchanged from the year-ago quarter, while its outlook calls for a year-over-year earnings decline. That estimate gives the upcoming release a clear numerical hurdle.

The stock stays above its yearly low

On October 15, 2026, the Nasdaq quote was last at USD 70.97 at 4:00 p.m. ET, up 1.82 percent from USD 69.70. The 52-week range runs from USD 65.00 to USD 91.41, placing the quote 9.18 percent above its low and 22.36 percent below its high. Trading volume reached 971,150 shares against an average of 1,021,003.

Valuation and market position

MarketBeat identifies Boyd Gaming as a NYSE-listed company and reports a market capitalization of USD 5.04 billion and a price-to-earnings ratio of 3.05 in its October 13, 2026 overview. The current market capitalization was USD 5.2 billion, with a price-to-earnings ratio of 3.12 on October 15, 2026. The comparison below uses same-day figures for the company and two casino peers.

Comparison with peers

Boyd Gaming: plus 1.82 percent, P/E 3.12, market capitalization USD 5.2 billion

PENN Entertainment (Nasdaq, USD): plus 4.75 percent, P/E minus 2.39, market capitalization USD 2.0 billion

Caesars Entertainment (Nasdaq, USD): minus 0.17 percent, P/E minus 12.83, market capitalization USD 6.0 billion

Price context for investors

Boyd Gaming's valuation picture combines a low single-digit price-to-earnings ratio with a target reset and an earnings date less than one week away. The September-quarter revenue estimate of USD 1.0 billion is the next measurable operating checkpoint.

The stock was trading at EUR 63.25 at Lang & Schwarz on October 15, 2026 at 10:40 p.m. CEST. Its Nasdaq quote was last at USD 70.97 on October 15, 2026 at 4:00 p.m. ET, up 1.82 percent versus the USD 69.70 prior close.

The further course of trading is shown by the continuously updated real-time quote of Boyd Gaming stock.