Should You Buy Boyd Gaming Corp (BYD) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
82.230
1 Day change
-1.50%
52 Week Range
89.960
Analysis Updated At
2026/01/25
Boyd Gaming Corp (BYD) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial performance in the latest quarter, the technical indicators suggest a bearish trend, and there are no strong positive catalysts or trading signals to support an immediate buy decision. Holding or waiting for a better entry point is recommended.
Technical Analysis
The MACD histogram is negative and expanding, indicating bearish momentum. RSI is at 26.993, suggesting the stock is nearing oversold territory but not providing a clear buy signal. The moving averages are converging, showing no clear trend. The stock is trading below key support levels (S1: 84.385, S2: 82.879), which could indicate further downside risk.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Moving Average Consensus
Sell
9
Buy
6
Positive Catalysts
2026/01/25 22:15:00
Strong financial performance in Q3 2025 with revenue up 4.49% YoY and net income up 998.16% YoY. Analysts have raised price targets recently, with some maintaining a Buy rating.
Neutral/Negative Catalysts
2026/01/25 22:15:00
The stock price has declined in both pre-market (-0.38%) and regular market (-1.41%) trading. Technical indicators suggest bearish momentum. No significant hedge fund or insider trading trends. Analysts have mixed ratings, with some maintaining Neutral or Equal Weight ratings due to muted growth prospects.
Financial Performance
In Q3 2025, Boyd Gaming reported revenue growth of 4.49% YoY, net income growth of 998.16% YoY, and EPS growth of 1145.45% YoY. However, gross margin dropped by 7.55% YoY to 41.26%, which could indicate cost pressures.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Analysts have mixed views on Boyd Gaming. Recent price targets range from $85 to $110, with some analysts maintaining Neutral or Equal Weight ratings due to muted growth prospects and limited same-store growth. However, others see upside potential in forthcoming capital projects and internal growth opportunities.
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 93.1 USD with a low forecast of 85 USD and a high forecast of 110 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
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 93.1 USD with a low forecast of 85 USD and a high forecast of 110 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.
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 83.480
Low
85
Averages
93.1
High
110
Current: 83.480
Low
85
Averages
93.1
High
110
Morgan Stanley
Equal Weight
maintain
$85 -> $87
AI Analysis
2026-01-16
Reason
Morgan Stanley
Price Target
$85 -> $87
AI Analysis
2026-01-16
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Boyd Gaming to $87 from $85 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.
BofA
Shaun Kelley
Buy
maintain
$90 -> $100
2026-01-05
Reason
BofA
Shaun Kelley
Price Target
$90 -> $100
2026-01-05
maintain
Buy
Reason
BofA analyst Shaun Kelley raised the firm's price target on Boyd Gaming to $100 from $90 and keeps a Buy rating on the shares. The Gaming and Lodging group "appears to be at a crossroads" to start 2026 as the year offers easy comps, OBBB refunds and stimulus, but also still has a stretched consumer after years of inflation, the analyst tells investors. Negative estimate revisions trumped low valuations in 2024 and 2025 and the firm is "fearful this continues in 2026," the analyst added in a note on the group.
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