Caesars Entertainment and Monmouth Park celebrated the grand opening of a new 16,000-square-foot sportsbook venue. This facility features extensive sports viewing areas, self-service betting kiosks, and a Shake Shack restaurant.
The opening of this sportsbook is historically significant as Monmouth Park was the first location in New Jersey to accept legal sports wagers in 2018, following the repeal of PASPA. This new venue enhances the sports wagering experience for customers.
The sportsbook offers a comprehensive betting experience, including a mobile app for online wagering, live streaming of events, and responsible gaming features. Caesars Entertainment emphasizes its commitment to responsible gaming practices, having received multiple accolades for its initiatives.
Wall Street analysts forecast CZR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CZR is 29.66 USD with a low forecast of 21.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast CZR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CZR is 29.66 USD with a low forecast of 21.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 21.580
Low
21.00
Averages
29.66
High
40.00
Current: 21.580
Low
21.00
Averages
29.66
High
40.00
JPMorgan
Overweight
maintain
$38 -> $37
2026-01-23
Reason
JPMorgan
Price Target
$38 -> $37
AI Analysis
2026-01-23
maintain
Overweight
Reason
JPMorgan lowered the firm's price target on Caesars to $37 from $38 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space as part of a Q4 earnings preview. Gaming stocks "are carrying a lot of baggage and negativity," so investors should be selective, the analyst tells investors in a research note. JPMorgan believes digital is the segment with the greatest opportunity for earnings beats.
TD Cowen
Buy
downgrade
$40 -> $35
2026-01-21
Reason
TD Cowen
Price Target
$40 -> $35
2026-01-21
downgrade
Buy
Reason
TD Cowen lowered the firm's price target on Caesars to $35 from $40 and keeps a Buy rating on the shares. The firm said with reduced near-term visibility particularly in Las Vegas, they expect some turbulence when Caesars reports 4Q25 earnings on February 17. They lowered their 4Q25E and F26E estimates on uneven visitation and greater volatility in Digital hold.
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Morgan Stanley
Equal Weight
downgrade
$29 -> $27
2026-01-16
Reason
Morgan Stanley
Price Target
$29 -> $27
2026-01-16
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Caesars to $27 from $29 and keeps an Equal Weight rating on the shares. Gaming, lodging and leisure fundamentals were "muted" in 2025, with select areas of acceleration skewed to companies serving older, wealthier consumers, the analyst tells investors in a 2026 look ahead note on the group. For 2026, the firm expects "more of the same fundamentally," with the added wrinkle of rates boosting goods over services, the analyst added.
Susquehanna
Neutral -> Positive
upgrade
$25 -> $31
2026-01-08
Reason
Susquehanna
Price Target
$25 -> $31
2026-01-08
upgrade
Neutral -> Positive
Reason
As previously reported, Susquehanna upgraded Caesars to Positive from Neutral with a price target of $31, up from $25, calling the current risk/reward "too attractive to overlook." Earnings revisions are likely to be higher due to its regional portfolio that seems likely to positively inflect in the near-term, the analyst tells investors. Las Vegas expectations should sequentially improve as well, the analyst added.
About CZR
Caesars Entertainment, Inc. is a casino-entertainment company and a diversified gaming and hospitality provider. The Company operates primarily under the Caesars, Harrah’s, Horseshoe, and Eldorado brand names. Its segments include Las Vegas, Regional, Caesars Digital, and Managed and Branded, in addition to Corporate and Other. It offers diversified gaming, entertainment and hospitality amenities, destinations, and a full suite of mobile and online gaming and sports betting experiences. The Company owns, leases or manages an aggregate of 53 domestic properties in 18 states. It also operates and conducts sports wagering across 32 jurisdictions in North America, 26 of which offer online sports betting, and operates iGaming in five jurisdictions in North America. It operates the Caesars Sportsbook app, the Caesars Racebook app, the Caesars Palace Online Casino app and the new Horseshoe Online Casino app. Its online casino games include slots, table games, live dealer and video poker.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.