On June 2, 2025, Red Rock Resorts (RRR, Financial) received an upgrade from Mizuho, a leading financial services company. The analyst behind this update, Ben Chaiken, moved the rating from "Neutral" to "Outperform," suggesting a positive outlook for the company's future performance.
The price target for Red Rock Resorts (RRR, Financial) remains unchanged at $50.00. The action maintains the current price target without any percentage change from the previous valuation. This price target reflects Mizuho's continued confidence in the potential growth and market position of Red Rock Resorts.
The stock is traded on NASDAQ and is forecasted in USD currency. Investors are advised to consider this updated rating and maintained price target when evaluating their investment choices in Red Rock Resorts (RRR, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Red Rock Resorts Inc (RRR, Financial) is $51.50 with a high estimate of $59.00 and a low estimate of $43.00. The average target implies an upside of 7.18% from the current price of $48.05. More detailed estimate data can be found on the Red Rock Resorts Inc (RRR) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Red Rock Resorts Inc's (RRR, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Red Rock Resorts Inc (RRR, Financial) in one year is $43.90, suggesting a downside of 8.64% from the current price of $48.05. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Red Rock Resorts Inc (RRR) Summary page.
