Citi Begins Coverage of Red Rock Resorts with a Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2025
0mins
Citi's Coverage Initiation: Citi has started coverage of Red Rock Resorts, assigning a Buy rating and a price target of $63.
Market Growth Potential: The company is positioned to benefit from the growth and favorable demographics of the Las Vegas local population.
Regulatory Environment: Analysts appreciate the "stable" regulatory environment in Las Vegas, which supports the business.
Barriers to Entry: High barriers to entry in the Las Vegas Locals market are seen as advantageous for Red Rock Resorts.
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Analyst Views on RRR
Wall Street analysts forecast RRR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RRR is 65.63 USD with a low forecast of 58.00 USD and a high forecast of 73.00 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.
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 61.240
Low
58.00
Averages
65.63
High
73.00
Current: 61.240
Low
58.00
Averages
65.63
High
73.00
About RRR
Red Rock Resorts, Inc. is a holding company that owns an indirect equity interest in and manages Station Casinos LLC (Station Casinos). Station Casinos is a provider of gaming, hospitality and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include hotels as well as various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet spaces, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Resort & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, and Seventy Six by Station Casinos (Centennial & Aliante).
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.
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Red Rock Resorts to Release 2025 Financial Results on February 10
- Earnings Release Schedule: Red Rock Resorts plans to announce its financial results for Q4 and full year 2025 on February 10, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Details: The company will hold a conference call at 4:30 PM ET on the same day, featuring prepared remarks and a Q&A session, enhancing engagement with investors.
- International Dial-in Information: International investors can join the call by dialing (412) 317-6061, ensuring that global stakeholders have access to the latest information and improving transparency.
- Replay Service: The call will be available for replay until February 17, 2026, allowing investors who cannot participate live to catch up on the discussion by dialing (855) 669-9658, thereby ensuring comprehensive communication of the meeting's content.
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