BALY

Bally's Corp

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Advanced Chart

18.560

+1.44(8.411%)1D

Line

Candle

YTD

High

18.590

Open

16.950

VWAP

17.70

Vol

139.87K

Mkt Cap

911.72M

Low

16.785

Amount

2.48M

EV/EBITDA(TTM)

13.06

Total Shares

40.48M

4.33B

EV/OCF(TTM)

81.81

P/S(TTM)

0.39

Bally's Corporation is a global casino-entertainment company with an omnichannel presence. The Company’s segment includes Casinos & Resorts and North America Interactive. It owns and operates approximately 19 casinos across 11 states, along with a golf course in New York and a horse racetrack in Colorado and holds OSB licenses in 13 jurisdictions in North America. Its Casinos & Resorts include Bally's Atlantic City, Bally’s Dover, Bally's Lincoln, and others. The North America Interactive segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands. It also owns Bally Bet, a sports betting platform; Bally Casino, an iCasino platform, and a significant economic stake in Intralot S.A., a global lottery management and services business. The Company’s casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. The Company also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

662.81M

+12.5%

638.38M

+10%

664.94M

+5.55%

Estimates Revision

The market is revising Upward the revenue expectations for Bally's Corporation (BALY) for FY2025, with the revenue forecasts being adjusted by 1.16% over the past three months. During the same period, the stock price has changed by 93.33%.

Revenue Estimates for FY2025

Revise Upward

+1.16%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+4.65%

In Past 3 Month

Stock Price

Go Up

+93.33%

In Past 3 Month

3 Analyst Rating

-38.95% Downside

Wall Street analysts forecast BALY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BALY is 11.33 USD with a low forecast of 10.00 USD and a high forecast of 13.00 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.

0 Buy

3 Hold

0 Sell

Hold

-38.95% Downside

Current: 18.560

Low

10.00

Averages

11.33

High

13.00

-38.95% Downside

Current: 18.560

Low

10.00

Averages

11.33

High

13.00

Truist

Barry Jonas

Hold

maintain

$11 -> $13

2025-10-21

Reason

Truist

Barry Jonas

Price Target

$11 -> $13

2025-10-21

maintain

Hold

Reason

Truist analyst Barry Jonas raised the firm's price target on Bally's to $13 from $11 and keeps a Hold rating on the shares. Gaming fundamentals remain resilient despite macro pressures, with Regional and Local markets outperforming, the analyst tells investors in a research note. Vegas softness should persist through Q3 but may improve in Q4, setting up for growth in 2026, Truist says, adding that digital results are volatile amid sports and prediction market concerns, though B2B providers could benefit. Overall, limited earnings surprises are expected, favoring companies with strong assets and stable cash flow, Truist says.

Barclays

Equal Weight

downgrade

$13 -> $11

2025-08-13

Reason

Barclays

Price Target

$13 -> $11

2025-08-13

downgrade

Equal Weight

Reason

Barclays lowered the firm's price target on Bally's to $11 from $13 and keeps an Equal Weight rating on the shares. The company reported a Q2 miss on weaker than expected Casino and Resort results, the analyst tells investors in a research note.

Stifel

Hold

downgrade

$12 -> $10

2025-08-12

Reason

Stifel

Price Target

$12 -> $10

2025-08-12

downgrade

Hold

Reason

Stifel lowered the firm's price target on Bally's to $10 from $12 and keeps a Hold rating on the shares. Estimates are likely moving lower again, though the firm sees line-of-sight into C&R improvement, the analyst tells investors in a post-earnings note. However, high net leverage, low trading liquidity and overall complexity keep the firm cautious until Bally's concludes its "ongoing high risk/reward capital project cycle," the analyst added.

Truist

Barry Jonas

Hold

downgrade

$15 -> $11

2025-07-16

Reason

Truist

Barry Jonas

Price Target

$15 -> $11

2025-07-16

downgrade

Hold

Reason

Truist analyst Barry Jonas lowered the firm's price target on Bally's to $11 from $15 and keeps a Hold rating on the shares. Gaming has mostly recovered from tariff noise in Q1, with companies not yet pointing to any signs of consumer softness, the analyst tells investors in a research note. Regionals, Locals and Digital look positive, though Vegas appears to be in a choppy summer, the firm adds.

Barclays

Brandt Montour

Equal Weight

downgrade

$14 -> $13

2025-05-13

Reason

Barclays

Brandt Montour

Price Target

$14 -> $13

2025-05-13

downgrade

Equal Weight

Reason

Barclays analyst Brandt Montour lowered the firm's price target on Bally's to $13 from $14 and keeps an Equal Weight rating on the shares. The company reported an in-line Q1, the analyst tells investors in a research note.

Truist

Hold

downgrade

$15

2025-05-13

Reason

Truist

Price Target

$15

2025-05-13

downgrade

Hold

Reason

Truist lowered the firm's price target on Bally's to $15 from $18.25 and keeps a Hold rating on the shares. The company's Q1 EBITDAR was down 8% y/y, but its results were in line with consensus, the analyst tells investors in a research note. Truist adds that it sees potential upside from the Queen, Chicago and Tropicana, though the firm also remains at Hold on execution risks, leverage and liquidity concerns.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Bally's Corp (BALY.N) is -8.02, compared to its 5-year average forward P/E of 7.50. For a more detailed relative valuation and DCF analysis to assess Bally's Corp 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

7.50

Current PE

-8.02

Overvalued PE

38.60

Undervalued PE

-23.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Strongly Overvalued

5Y Average EV/EBITDA

9.54

Current EV/EBITDA

13.51

Overvalued EV/EBITDA

11.00

Undervalued EV/EBITDA

8.09

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

0.72

Current PS

18.56

Overvalued PS

2.38

Undervalued PS

-0.94