Everything You Should Know About the Upgrade of Boyd (BYD) Rating to Strong Buy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
0mins
Source: NASDAQ.COM
Boyd Gaming Upgrade: Boyd Gaming (BYD) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices.
Earnings Estimate Revisions: The Zacks rating system focuses on changes in earnings estimates, showing a strong correlation between these revisions and near-term stock price movements, making it a valuable tool for investors.
Analyst Consensus: Over the past three months, analysts have raised their earnings estimates for Boyd by 6.9%, reflecting an improvement in the company's underlying business and potential for stock price increase.
Zacks Rank Performance: Stocks rated Zacks Rank #1 have historically generated an average annual return of +25% since 1988, with only the top 5% of stocks receiving this rating, highlighting Boyd's strong position based on earnings estimate revisions.
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Analyst Views on BYD
Wall Street analysts forecast BYD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BYD is 93.10 USD with a low forecast of 85.00 USD and a high forecast of 110.00 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
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 83.500
Low
85.00
Averages
93.10
High
110.00
Current: 83.500
Low
85.00
Averages
93.10
High
110.00
About BYD
Boyd Gaming Corporation is a gaming company. It operates over 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of three properties: California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in nine states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming operations through collaborative arrangements with third parties throughout the United States and the operations of Boyd Interactive.
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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