Boyd Gaming (BYD) Stock Forecast & Price Target

$59.72

-0.17 (-0.28%)

(As of 09/6/2024 ET)

Boyd Gaming - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 13 Analyst Ratings

Based on 13 Wall Street analysts who have issued ratings for Boyd Gaming in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 7 have given a hold rating, and 6 have given a buy rating for BYD.

Consensus Price Target

$90.75
51.96% Upside

High Forecast	$308.00
Average Forecast	$90.75
Low Forecast	$67.00

According to the 13 analysts' twelve-month price targets for Boyd Gaming, the average price target is $90.75. The highest price target for BYD is $308.00, while the lowest price target for BYD is $67.00. The average price target represents a forecasted upside of 51.96% from the current price of $59.72.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	9 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$90.75	$90.08	$91.42	$77.00
Forecasted Upside	51.96% Upside	53.57% Upside	54.95% Upside	18.64% Upside

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BYD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BYD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Boyd Gaming Stock vs. The Competition

Type	Boyd Gaming	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.46	2.56	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	51.96% Upside	1,175.07% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/4/2024	Morgan Stanley 3 of 5 stars		Upgrade	Equal Weight ➝ Overweight	$66.00 ➝ $74.00	+24.62%
7/26/2024	Macquarie 2 of 5 stars	C. Beynon Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$72.00 ➝ $68.00	+11.38%
7/26/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Hold ➝ Hold	$65.00 ➝ $67.00	+11.39%
5/21/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$67.00	+21.53%
5/16/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$337.00 ➝ $308.00	+454.16%
5/1/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
Get the Latest News and Ratings for BYD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Boyd Gaming and its competitors with MarketBeat's FREE daily newsletter.
4/26/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$82.00 ➝ $71.00	+33.96%
4/26/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$80.00 ➝ $75.00	+42.05%
4/26/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$70.00 ➝ $68.00	+27.29%
4/26/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$80.00 ➝ $78.00	+24.03%
4/26/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$78.00 ➝ $71.00	+12.90%
4/26/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$80.00 ➝ $67.00	+6.54%
2/12/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Neutral	$84.00 ➝ $75.00	+12.36%
2/3/2023	CBRE Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$75.00	+14.85%
2/3/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$82.00 ➝ $80.00	+22.51%
1/18/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Engel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$70.00	+17.79%
12/12/2022	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/26/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$68.00 ➝ $72.00	+26.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:45 PM ET.

BYD Forecast - Frequently Asked Questions

What is Boyd Gaming's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Boyd Gaming is $90.75, with a high forecast of $308.00 and a low forecast of $67.00.
Should I buy or sell Boyd Gaming stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BYD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYD, but not buy additional shares or sell existing shares.
Does Boyd Gaming's stock price have much upside?: According to analysts, Boyd Gaming's stock has a predicted upside of 54.26% based on their 12-month stock forecasts.
Has Boyd Gaming been upgraded by Wall Street analysts recently?: Over the previous 90 days, Boyd Gaming's stock had 1 upgrade by analysts.
What analysts cover Boyd Gaming?: Boyd Gaming has been rated by research analysts at Macquarie, Morgan Stanley, and Stifel Nicolaus in the past 90 days.
Do Wall Street analysts like Boyd Gaming more than its competitors?: Analysts like Boyd Gaming less than other "consumer discretionary" companies. The consensus rating for Boyd Gaming is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how BYD compares to other companies.