
RRR Stock Forecast & Price Target
RRR Analyst Ratings
Bulls say
Red Rock Resorts is a leading gaming company with a diversified revenue mix, strong margins, and a visible pipeline of development projects. Despite a modest miss on AEBITDA for the first quarter, the company remains well-positioned to benefit from continued demand in the Las Vegas locals market and the completion of ongoing projects. While near-term disruption from construction and external factors may weigh on earnings, the long-term investment thesis remains intact, making Red Rock Resorts an attractive choice for investors.
Bears say
Red Rock Resorts is experiencing a prolonged and broader disruption profile, with construction-related disruptions at multiple properties leading to lower than expected EBITDA and a pushback in the timeline for the completion of their projects. In addition, the company expects higher disruptions in the second quarter and anticipates typical seasonality with revenue declines. The company's ability to minimize construction disruptions will be a key factor to watch, while their outlook for long-term growth is supported by a visible reinvestment and development pipeline.
This aggregate rating is based on analysts' research of Red Rock Resorts and is not a guaranteed prediction by Public.com or investment advice.
RRR Analyst Forecast & Price Prediction
Start investing in RRR
Order type
Buy in
Order amount
Est. shares
0 shares