MarketBeat reports a USD 30.71 target for Caesars Entertainment stock
Published on 10/20/2026 at 21:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSConsensus target and reporting date
- MarketBeat reported a USD 30.71 average target on October 15, 2026.
- Second-quarter revenue reached USD 2.99 billion, up 3.00 percent year over year.
- Caesars Entertainment stock costs EUR 25.88 at Lang & Schwarz on October 20, 2026 at 9:44 p.m. CEST, 1.01 percent above the Frankfurt close of October 19, 2026.
- Caesars Entertainment will release third-quarter results on October 27, 2026.
Caesars Entertainment stock (ISIN US12769G1004) has a USD 30.71 average 12-month target after MarketBeat reported on October 15, 2026 that 16 of 19 analysts rated the shares Hold, alongside two Buy ratings and one Sell rating. Caesars Entertainment was trading at EUR 25.88 at Lang & Schwarz on October 20, 2026 at 9:44 p.m. CEST, up 1.01 percent versus the Frankfurt close of October 19, 2026 (EUR 25.62).
Revenue growth meets a loss
The latest reported quarter showed revenue of USD 2.99 billion in the second quarter of 2026, up 3.00 percent from the same quarter a year earlier. The company also posted an adjusted loss of USD 0.30 per share, while the comparable prior-year figure was a loss of USD 0.39 per share, according to MarketBeat.
That combination gives the stock a mixed operating backdrop: revenue expanded, but adjusted earnings remained negative. The average target of USD 30.71 is 5.64 percent above the USD 29.07 Nasdaq price at 3:50 p.m. ET on October 20, 2026.
Stock position before results
The Nasdaq price sat inside a USD 17.86 to USD 30.88 52-week range on October 20, 2026. At USD 29.07, Caesars Entertainment was 5.86 percent below that high, while trading volume had reached 5,372,775 shares.
What comes before October 27?
Caesars Entertainment is scheduled to release third-quarter 2026 results after the market closes on October 27, 2026, according to the company's investor release dated October 2, 2026. The release also said the company would not host an earnings call because of its pending merger with Fertitta Entertainment.
Comparison with peers
Caesars Entertainment: up 0.14 percent, P/E -12.75, market capitalization USD 5.9 billion.
PENN Entertainment (NASDAQ, USD): up 0.99 percent, P/E -2.33, market capitalization USD 2.0 billion.
MGM Resorts International (NYSE, USD): up 1.12 percent, P/E 17.47, market capitalization USD 7.2 billion.
Price and next date
The immediate market question is whether the October 27 results can narrow the gap between current trading and the USD 30.71 consensus target. The latest quarterly revenue growth provides a measurable counterpoint to the adjusted loss, while the proposed merger remains a separate corporate milestone.
The further course of trading is shown by the continuously updated real-time quote of Caesars Entertainment stock.
Caesars Entertainment stock at a glance
- Company: Caesars Entertainment, Inc.
- ISIN: US12769G1004
- Ticker: CZR
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 20, 2026, 9:44 p.m. CEST): EUR 25.88
- Change versus Frankfurt close: plus 1.01 percent
- Frankfurt close (October 19, 2026): EUR 25.62
- Market capitalization: USD 5.9 billion (as of October 20, 2026)
- 52-week range: USD 17.86-30.88 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts and Casinos
Market context: Market report S&P 500.
