PENN · NASDAQ · STOCK
PENN Entertainment (PENN) Stock Analysis
$15.47
52W $11.65 – $22.36
52/100
$2.07B
-2.4
1.39
Is PENN Bullish or Bearish?
Mixed.
Innellis AI committee rates PENN Entertainment, Inc. (PENN) Watch with a composite score of 52/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +7.82 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -12.18 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price-to-book of 1.1x is a discount to asset value — Value
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- ROE of only -48.5% -- cheap may mean cheap for a reason — Value
- Debt-to-equity of 3.98 adds balance-sheet risk to the value case — Value
- 4 consecutive earnings misses -- execution concerns — Growth
- Price structure making lower highs and lower lows — Technical
- Trend and market structure agree -- coherent bearish picture — Technical
- High leverage (debt-to-equity 3.98) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
52/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 77%
of 178 Consumer Cyclical peers
Value Analyst
neutral
48
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.1x is a discount to asset value
− ROE of only -48.5% -- cheap may mean cheap for a reason
Growth Analyst
neutral
48
/ 100 · High confidence
Moderate growth -- present but not remarkable
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− 4 consecutive earnings misses -- execution concerns
Technical Analyst
neutral
56
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price structure making lower highs and lower lows
Risk Analyst
bearish
33
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 3.98) amplifies downside in a stress scenario
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 52.5 to 52.2.
- New bearish signals: 1 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Risk Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
46.2
Neutral
MACD Histogram
0.131
Bullish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$14.10
Resistance
$15.78
Bollinger %B
0.40
Inside Bands
Price vs Moving Averages
EMA 9
$15.48
Below
EMA 21
$15.91
Below
EMA 50
$17.02
Below
EMA 200
$17.44
Below
Fundamental Analysis
Valuation
100
Growth
44
Profitability
3
Financial Health
4
Cash Flow
70
Valuation
P/E Ratio
-2.4×
P/B Ratio
1.11×
PEG Ratio
0.00
Dividend Yield
0.00%
52W High
$22.36
52W Low
$11.65
Quality & Growth
ROE
-4597.1%
ROA
-590.9%
Gross Margin
2412.8%
Operating Margin
-639.9%
Revenue Growth YoY
—
Debt / Equity
3.66
AI Fundamental Assessment
P/E ratio of -2.4 (inexpensive relative to a 15-40x range); Price-to-book of 1.1x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -46.0%; Return on assets of -5.9%; Net margin of -12.7%; Gross margin of 24.1%; Current ratio of 0.89 (tight short-term liquidity); Debt-to-equity of 3.66; Free cash flow per share is positive (0.65); Most recent quarter missed estimates by 45.5%; 4 consecutive earnings misses; EPS growth accelerating (+96.4% -> +1300.0% QoQ); Analyst estimates rising over recent quarters
Get the Full PENN Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →