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Truist Financial Sticks to Their Buy Rating for PENN Entertainment (PENN)

Tipranks - Wed Jan 14, 5:52AM CST

In a report released today, Barry Jonas from Truist Financial maintained a Buy rating on PENN Entertainment, with a price target of $14.20.

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According to TipRanks, Jonas is a 4-star analyst with an average return of 5.6% and a 45.34% success rate. Jonas covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Caesars Entertainment, and Red Rock Resorts.

Currently, the analyst consensus on PENN Entertainment is a Moderate Buy with an average price target of $18.85.

Based on PENN Entertainment’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.72 billion and a GAAP net loss of $864.6 million. In comparison, last year the company earned a revenue of $1.64 billion and had a GAAP net loss of $36.7 million

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PENN in relation to earlier this year. Most recently, in November 2025, Felicia Hendrix, the EVP & CFO of PENN bought 7,315.00 shares for a total of $100,873.85.

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