Red Rock Resorts stock gets a lower Macquarie target at USD 72

Red Rock Resorts stock faces a lower Macquarie target of USD 72 after the analyst firm maintained its Outperform rating on October 7, 2026. According to GuruFocus, Chad Beynon reduced the target from USD 74 while keeping the rating unchanged.

Macquarie trims its target

The 2.70 percent target reduction contrasts with the unchanged Outperform view, leaving the analyst forecast above the October 6 closing price. The change puts more weight on Red Rock Resorts' operating delivery than on a simple valuation expansion.

Macquarie's USD 72 target is also below several other published targets. MarketBeat reported a Moderate Buy consensus from 21 brokerages, with an average 12-month target of USD 71.94, 38.2 percent above the USD 52.05 close.

Q2 revenue beat estimates

Red Rock Resorts generated USD 510.26 million in second-quarter revenue and diluted EPS of USD 0.67 for the period ended June 30, 2026. Business Quant reported that quarterly revenue fell 3.0 percent year over year, while net income reached USD 76.59 million.

The earnings comparison was stronger than the revenue trend. MarketBeat said EPS exceeded the USD 0.51 consensus by USD 0.16, while revenue surpassed the USD 500.08 million estimate by USD 10.18 million.

October 27 earnings date

The next quantified checkpoint is the third-quarter report scheduled for October 27, 2026. MarketBeat lists consensus EPS of USD 0.45 and expected revenue of USD 478.40 million for that report.

Red Rock Resorts stock closes higher

Red Rock Resorts closed at USD 52.05 on Nasdaq on October 6, 2026, gaining 1.94 percent from the prior close of USD 51.06. The session volume was 1,190,716 shares, and the 52-week range was USD 47.50 to USD 68.99.

Upcoming dates for Red Rock Resorts stock

• October 27, 2026: Third-quarter earnings report

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