Red Rock Resorts, Inc. (RRR) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 30 analysts15.4% Below Target
RRR trades 15.4% below Wall Street's consensus target of $70.78.
Current Price$61.33
Average Target$70.78
Target
Current
Low$59.00
Median$70.00
High$79.00
Analyst Target Range
Forward P/E21.2x
(Fair)
PEG Ratio—
Implied Growth+56.6%
(High Growth)
Analyst Spread28.3%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes RRR achieves its forward estimates and maintains a stable P/E multiple of 21.2x. This scenario reflects the blended consensus of 30 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
RRR Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Red Rock Resorts, Inc. (RRR) has a Wall Street consensus price target of $70.78, based on estimates from 30 covering analysts. With the stock currently trading at $61.33, this represents a potential upside of +15.4%. The company has a market capitalization of $3.63B.
Analyst price targets range from a low of $59.00 to a high of $79.00, representing a 28% spread in expectations. The median target of $70.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 20 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, RRR trades at a trailing P/E of 19.7x and forward P/E of 21.2x. Analysts expect EPS to grow +56.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $72.05, with bear and bull scenarios of $45.39 and $94.93 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+11.1%
Industry Consensus
Avg Forward P/E
22.6x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 BYDBoyd Gaming Corporation | $6.4B | $84.68 | $95.00 | +12.2% | Buy | 11.9x | 38 |
 STNStantec Inc. | $7.7B | $67.69 | $62.07 | -8.3% | Hold | 15.3x | 18 |
 PENNPENN Entertainment, Inc. | $2.8B | $21.30 | $20.57 | -3.4% | Buy | 28.3x | 47 |
 CZRCaesars Entertainment, Inc. | $6.0B | $29.22 | $30.88 | +5.7% | Hold | — | 31 |
 MGMMGM Resorts International | $12.0B | $46.84 | $43.22 | -7.7% | Buy | 27.5x | 37 |
 WYNNWynn Resorts, Limited | $11.0B | $105.53 | $138.38 | +31.1% | Buy | 22.6x | 45 |
 LVSLas Vegas Sands Corp. | $32.3B | $48.72 | $67.89 | +39.3% | Buy | 14.7x | 49 |
 MCRIMonarch Casino & Resort, Inc. | $2.3B | $130.66 | $104.50 | -20.0% | Hold | 19.8x | 9 |
 CHDNChurchill Downs Incorporated | $6.2B | $88.27 | $145.00 | +64.3% | Buy | 12.7x | 23 |
 GDENGolden Entertainment, Inc. | $754M | $28.55 | $28.00 | -1.9% | Buy | 50.5x | 12 |
RRR — Frequently Asked Questions
Quick answers to the most common questions about buying RRR stock.
What is the RRR stock price target for 2026?
Red Rock Resorts, Inc. (RRR) has a consensus 12-month price target of $70.78, implying 15.4% upside from $61.33. The 30 analysts covering RRR see moderate appreciation potential.
Is RRR a buy, sell, or hold?
RRR has a consensus rating of "Buy" based on 30 Wall Street analysts. The rating breakdown is predominantly bullish, with 20 Buy/Strong Buy ratings. The consensus 12-month price target of $70.78 implies 15.4% upside from current levels.
Is RRR stock overvalued or undervalued?
RRR trades at a forward P/E of 21.1585x, representing a moderate valuation. With analysts targeting $70.78 (15.4% implied move), the stock appears reasonably valued with upside.
How high can RRR stock go?
The most bullish Wall Street analyst has a price target of $79 for RRR, while the most conservative target is $59. The consensus of $70.78 represents the median expectation. Our quantitative valuation model projects a bull case target of $95 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover RRR stock?
RRR is heavily covered by Wall Street, with 30 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 20 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the RRR stock forecast?
The 12-month RRR stock forecast based on 30 Wall Street analysts shows a consensus price target of $70.78, with estimates ranging from $59 (bear case) to $79 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $72, with bear/bull scenarios of $45/$95.
What is RRR's fair value based on fundamentals?
Our quantitative valuation model calculates RRR's fair value at $72 (base case), with a bear case of $45 and bull case of $95. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.
What is RRR's forward P/E ratio?
RRR trades at a forward P/E ratio of 21.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.7x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy RRR stock?
Wall Street analysts are optimistic on RRR, with a "Buy" consensus rating and $70.78 price target (15.4% upside). 20 of 30 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do RRR price targets vary so much?
RRR analyst price targets range from $59 to $79, a 28% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $70.78 consensus represents the middle ground. Our model's $45-$95 range provides an independent fundamental perspective.
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