CZR Price Prediction Next Week
Technical Analysis
Based on recent price action, CZR has formed a bullish pattern after bouncing from support level around $34. The stock has shown positive momentum following strong Q4 earnings report where the company swung to a profit of $11 million compared to a loss last year.
Fundamental Drivers
- Nevada gaming revenue jumped 12.5% year-over-year in January to $1.43 billion, with Las Vegas Strip casinos seeing a 22.5% increase
- Caesars maintained stable brick-and-mortar operations and expects strong digital segment growth in 2025
- Analyst Chad Beynon from Macquarie maintains a Buy rating with $46 price target, while TD Cowen also issued a Buy rating
Price Prediction for Next Week Based on technical indicators and positive fundamental catalysts:
- Base case (60% probability): $36-38 range
- Bullish case (25% probability): Break above $39
- Bearish case (15% probability): Support at $34
Recommendation: BUY with entry at current levels ($35.31) and initial target of $38. Key support at $34 can be used as stop loss.
The positive gaming revenue trends in Las Vegas and expected digital growth provide fundamental support, while technical indicators suggest momentum is turning bullish after establishing support. The risk/reward setup appears favorable for a long position.
CZR Similar Chart Price Prediction
The price of CZR is predicted to go up -3.67%, based on the high correlation periods with AAT. The similarity of these two price pattern on the periods is 94.61%.
CZR
AAT
Down: -3.67%Similarity: 94.61%
CZR Revenue Forecast
CZR EPS Forecast
CZR FAQs
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CZR VS S&P500
Caesars' best-of-breed management has generated cost and revenue synergies from its merger with Eldorado.
Caesars has the largest property (around 50 domestic casinos versus roughly 30 for MGM) and loyalty presence (more than 60 million members versus MGM's more than 40 million) in the US, which presents cross-selling opportunities.
We see Caesars' domestic properties as well-positioned to benefit from the more than $40-billion US sports betting and iGaming revenue opportunity by 2030.
CZR Analyst's Forecast
Steven Wieczynski
Stifel
Strong Buy
2025-01-23
Price Target
$54 → $51
Upside
+49.34%
Stifel lowered the firm's price target on Caesars to $51 from $54 and keeps a Buy rating on the shares. The firm believes investors are "confused as to what to do" with shares, but it also believes the setup for 2025 is "overly attractive" and the risk/reward at current trading levels is "too compelling to pass up," the analyst says. 2025 consensus estimates are "set in a manageable/beatable position" and "any kind of beat should be good enough right now," the analyst argues.
Aaron Hecht
JMP Securities
Buy
2025-01-16
Price Target
$57 → $53
Upside
+55.2%
Barry Jonas
Truist Securities
Strong Buy
2025-01-14
Price Target
$52 → $48
Upside
+44.62%
