BYD

Boyd Gaming Corp

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Advanced Chart

83.650

-1.25(-1.472%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

84.000

Open

84.000

VWAP

83.34

Vol

1.37M

Mkt Cap

6.71B

Low

82.190

Amount

114.35M

EV/EBITDA(TTM)

8.12

Total Shares

94.88M

10.09B

EV/OCF(TTM)

P/S(TTM)

1.84

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

946.76M

-4.52%

1.755

+8.33%

909.56M

-12.62%

1.935

-1.28%

873.20M

-9.16%

1.575

+3.64%

Estimates Revision

The market is revising Downward the revenue expectations for Boyd Gaming Corporation (BYD) for FY2025, with the revenue forecasts being adjusted by -2.34% over the past three months. During the same period, the stock price has changed by 20.93%.

Revenue Estimates for FY2025

Revise Downward

-2.34%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.32%

In Past 3 Month

Stock Price

Go Up

+20.93%

In Past 3 Month

11 Analyst Rating

3.11% Upside

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 86.25 USD with a low forecast of 79.00 USD and a high forecast of 100.00 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.

5 Buy

6 Hold

0 Sell

Moderate Buy

3.11% Upside

Current: 83.650

Low

79.00

Averages

86.25

High

100.00

3.11% Upside

Current: 83.650

Low

79.00

Averages

86.25

High

100.00

Stifel

Steven Wieczynski

Hold

maintain

$87 -> $90

2025-07-25

Reason

Stifel

Steven Wieczynski

Price Target

$87 -> $90

2025-07-25

maintain

Hold

Reason

Stifel analyst Steven Wieczynski raised the firm's price target on Boyd Gaming to $90 from $87 and keeps a Hold rating on the shares. Core operations performed better than the firm was expecting while the company "made it well known" they are going to use the bulk of their FanDuel proceeds to reduce debt, capital returns, and/or growth opportunities and "they pretty much indicated" they wouldn't be interested in large-scale M&A right now, says the analyst, who would expect a positive response to the report and management's commentary.

Mizuho

Ben Chaiken

Outperform

maintain

$86 -> $89

2025-07-25

Reason

Mizuho

Ben Chaiken

Price Target

$86 -> $89

2025-07-25

maintain

Outperform

Reason

Mizuho analyst Ben Chaiken raised the firm's price target on Boyd Gaming to $89 from $86 and keeps an Outperform rating on the shares following the Q2 report. The firm says the stock's valuation coupled with the company's improving fundamentals make a "compelling story."

Barclays

Equal Weight

maintain

$73 -> $87

2025-07-18

Reason

Barclays

Price Target

$73 -> $87

2025-07-18

maintain

Equal Weight

Reason

Barclays raised the firm's price target on Boyd Gaming to $87 from $73 and keeps an Equal Weight rating on the shares as part of a Q2 preview for the gaming space. The firm sees the regionals, digital and Macau names beating estimates, partially offset by misses in Las Vegas. The group has rallied but is not overbought, the analyst tells investors in a research note.

Truist

Buy

upgrade

$85 -> $100

2025-07-16

Reason

Truist

Price Target

$85 -> $100

2025-07-16

upgrade

Buy

Reason

Truist raised the firm's price target on Boyd Gaming to $100 from $85 and keeps a Buy 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.

Stifel

Hold

maintain

$76 -> $87

2025-07-11

Reason

Stifel

Price Target

$76 -> $87

2025-07-11

maintain

Hold

Reason

Stifel raised the firm's price target on Boyd Gaming (BYD) to $87 from $76 and keeps a Hold rating on the shares. Boyd is selling their 5% equity interest in FanDuel Group to Flutter Entertainment (FLUT) for $1.755B in cash, a deal that comes quicker than expected, the analyst tells investors in a research note. Boyd and FanDuel will also terminate certain existing market-access agreements and enter into new agreements that will run through 2038, and these agreements will provide Boyd with a fixed fee per state fom FanDuel's mobile sports betting operations as well as FanDuel's online casino operations in Pennsylvania.

Susquehanna

Positive -> Neutral

downgrade

$76 -> $86

2025-07-11

Reason

Susquehanna

Price Target

$76 -> $86

2025-07-11

downgrade

Positive -> Neutral

Reason

Susquehanna downgraded Boyd Gaming to Neutral from Positive with a price target of $86, up from $76.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Boyd Gaming Corp (BYD.N) is 11.76, compared to its 5-year average forward P/E of 11.44. For a more detailed relative valuation and DCF analysis to assess Boyd Gaming Corp 's fair value, click here.

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.

Fair

5Y Average PE

11.44

Current PE

11.76

Overvalued PE

14.29

Undervalued PE

8.59

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.

Fair

5Y Average EV/EBITDA

8.32

Current EV/EBITDA

9.13

Overvalued EV/EBITDA

9.27

Undervalued EV/EBITDA

7.37

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.

Fair

5Y Average PS

1.71

Current PS

1.94

Overvalued PS

1.98

Undervalued PS

1.44

Financials

Annual

Quarterly

FY2025Q2

YoY :

+6.87%

1.03B

Total Revenue

FY2025Q2

YoY :

+6.72%

242.37M

Operating Profit

FY2025Q2

YoY :

+7.51%

150.35M

Net Income after Tax

FY2025Q2

YoY :

+25.17%

1.84

EPS - Diluted

FY2025Q1

YoY :

-72.04%

45.04M

Free Cash Flow

FY2025Q2

YoY :

-3.07%

44.21

Gross Profit Margin - %

FY2025Q2

YoY :

-100.00%

N/A

FCF Margin - %

FY2025Q2

YoY :

+0.62%

14.54

Net Margin - %

FY2025Q2

YoY :

-100.00%

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

84.7K

USD

6-9

Months

10.8M

USD

0-12

Months

17.7M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

650.0K

Volume

6-9

Months

1.1M

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

19.0K

Volume

Months

6-9

297.7K

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

84.7K

USD

6-9

Months

10.8M

USD

0-12

Months

17.7M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

BYD News & Events

Events Timeline

2025-07-31 (ET)

2025-07-31

09:11:00

Flutter completes Boyd agreement to secure 100% ownership of FanDuel

2025-07-31

09:11:00

Boyd Gaming completes sale of 5% equity in Fanduel Interest to Flutter Entertainment

2025-07-30 (ET)

2025-07-30

09:58:25

Nevada reports June statewide gaming win up 3.53% to $1.332B

News

2.0

10:10 AMTipRanks

Tesla Stock (TSLA) Faces New Trauma as European Sales Keep Sliding

8.5

07-31Newsfilter

BOYD GAMING COMPLETES SALE OF FANDUEL INTEREST

3.0

07-29NASDAQ.COM

Validea's Top Consumer Discretionary Stocks Based On Peter Lynch - 7/29/2025

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FAQ

What is Boyd Gaming Corp (BYD) stock price today?

The current price of BYD is 83.65 USD — it has decreased -1.47 % in the last trading day.

BYD

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

BYD News & Events

Events Timeline

News

People Also Watch

FAQ

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