Should I Buy RRR? RRR 2026 Analysis

Should You Buy Red Rock Resorts Inc (RRR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

62.450

1 Day change

1.98%

52 Week Range

64.690

Analysis Updated At

2026/01/26

Red Rock Resorts Inc (RRR) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available. The company's strong financial performance, positive analyst sentiment, and growth potential in the Las Vegas locals market make it a compelling investment opportunity. While technical indicators are neutral, the overall fundamentals and growth outlook support a buy decision.

Technical Analysis

The MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 40.486, showing no clear overbought or oversold conditions. Moving averages are converging, suggesting indecision. Key support is at 60.947, and resistance is at 63.724. The stock is trading near support levels, which could provide a favorable entry point.

Options Data

Neutral

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Analysts have consistently raised price targets, with the most recent targets ranging from $60 to $73, reflecting optimism about the company's growth prospects.
The company's financials show strong YoY growth in revenue (+1.61%), net income (+45.95%), and EPS (+41.67%) in Q3
Red Rock's Las Vegas locals market exposure and high barriers to entry provide a stable growth environment.
Upcoming earnings on February 10, 2026, could act as a catalyst if results exceed expectations.

Neutral/Negative Catalysts

Technical indicators are neutral to bearish, with no clear upward momentum.
Options data shows a high put-call volume ratio (22.33), indicating bearish sentiment among short-term traders.
Broader market sentiment is negative, with the S&P 500 down 0.28% pre-market.

Financial Performance

In Q3 2025, Red Rock Resorts reported revenue of $475.57M (+1.61% YoY), net income of $42.25M (+45.95% YoY), EPS of $0.68 (+41.67% YoY), and a gross margin of 51.89% (+2.43% YoY). These results highlight strong profitability and growth trends.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are generally positive on RRR, with multiple firms raising price targets recently. JPMorgan, Barclays, and Jefferies have Overweight or Buy ratings, citing growth opportunities in the Las Vegas locals market and the company's project pipeline. However, some firms like Morgan Stanley and Wells Fargo remain cautious with Neutral or Equal Weight ratings, citing valuation concerns.

10 Analyst Rating

Wall Street analysts forecast RRR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RRR is 65.63 USD with a low forecast of 58 USD and a high forecast of 73 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.

8 Buy

2 Hold

0 Sell

Strong Buy

Current: 61.240

Low

Averages

65.63

High

Current: 61.240

Low

Averages

65.63

High

JPMorgan

Overweight

maintain

$65 -> $66

AI Analysis

2026-01-23

Reason

JPMorgan

Price Target

$65 -> $66

AI Analysis

2026-01-23

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Red Rock Resorts to $66 from $65 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space as part of a Q4 earnings preview. Gaming stocks "are carrying a lot of baggage and negativity," so investors should be selective, the analyst tells investors in a research note. JPMorgan believes digital is the segment with the greatest opportunity for earnings beats.

Barclays

Overweight

maintain

$65 -> $69

2026-01-16

Reason

Barclays

Price Target

$65 -> $69

2026-01-16

maintain

Overweight

Reason

Barclays raised the firm's price target on Red Rock Resorts to $69 from $65 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming group as part of its Q4 earnings preview. The regionals names are best positioned in the near term on their direct exposure to stimulus and tax refunds, the analyst tells investors in a research note.

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RRR Should I Buy

RRR Should I Buy

Should You Buy Red Rock Resorts Inc (RRR) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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