ESPN Partnership Termination: Recent posts on X have been buzzing about PENN Entertainment's decision to end its exclusive U.S. online sports betting partnership with ESPN, effective December 1, 2025. The company plans to rebrand its sportsbook to theScore Bet, a move that has sparked varied reactions. Some users see this as a strategic pivot, while others question the impact on future revenue.
Q3 Earnings Fallout: Discussions on X also highlight PENN's third-quarter 2025 earnings, which reported a significant loss and missed revenue expectations. Despite the disappointing figures, the stock saw an unexpected uptick, with some users on X puzzled by the market's positive response. The focus on iCasino growth, with a 40% year-over-year revenue increase, is noted as a potential bright spot.
Analyst Upgrades and Downgrades: Sentiment on X reflects a mix of optimism and caution following recent analyst moves, with some upgrading PENN stock due to its strategic shift, while others downgraded it to a hold over uncertainties. Users are debating whether the pivot away from ESPN will pay off in the long term. The stock's volatile reaction to these developments keeps the conversation lively.
Note: This discussion summary was generated from an AI condensation of post data.
PENN Entertainment Insider Trading Activity
PENN Entertainment insiders have traded $PENN stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PENN stock by insiders over the last 6 months:
- JAY A SNOWDEN (CEO and President) has made 2 purchases buying 68,700 shares for an estimated $996,704 and 0 sales.
- DAVID A HANDLER has made 2 purchases buying 30,000 shares for an estimated $487,564 and 0 sales.
- CHRISTOPHER BYRON ROGERS (See Remarks) purchased 3,737 shares for an estimated $59,792
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
PENN Entertainment Hedge Fund Activity
We have seen 150 institutional investors add shares of PENN Entertainment stock to their portfolio, and 209 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NOMURA HOLDINGS INC added 5,878,735 shares (+162.3%) to their portfolio in Q2 2025, for an estimated $105,052,994
- HILL PATH CAPITAL LP added 3,502,820 shares (+inf%) to their portfolio in Q2 2025, for an estimated $62,595,393
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,250,340 shares (+inf%) to their portfolio in Q2 2025, for an estimated $40,213,575
- ROYAL BANK OF CANADA removed 2,246,054 shares (-97.3%) from their portfolio in Q2 2025, for an estimated $40,136,984
- HENNESSY ADVISORS INC added 2,104,700 shares (+inf%) to their portfolio in Q3 2025, for an estimated $40,536,522
- CONTRARIUS GROUP HOLDINGS LTD removed 1,738,611 shares (-48.3%) from their portfolio in Q2 2025, for an estimated $31,068,978
- ARMISTICE CAPITAL, LLC removed 1,672,469 shares (-54.2%) from their portfolio in Q2 2025, for an estimated $29,887,021
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
PENN Entertainment Analyst Ratings
Wall Street analysts have issued reports on $PENN in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citizens issued a "Market Outperform" rating on 11/07/2025
- Stifel issued a "Buy" rating on 11/07/2025
- JMP Securities issued a "Market Outperform" rating on 08/08/2025
- Barclays issued a "Overweight" rating on 07/18/2025
- JP Morgan issued a "Overweight" rating on 06/23/2025
- Susquehanna issued a "Positive" rating on 06/10/2025
To track analyst ratings and price targets for PENN Entertainment, check out Quiver Quantitative's $PENN forecast page.
PENN Entertainment Price Targets
Multiple analysts have issued price targets for $PENN recently. We have seen 9 analysts offer price targets for $PENN in the last 6 months, with a median target of $24.0.
Here are some recent targets:
- Jeffrey Stantial from Stifel set a target price of $21.0 on 11/07/2025
- Jordan Bender from Citizens set a target price of $24.0 on 11/07/2025
- Bernie McTernan from Needham set a target price of $22.0 on 08/08/2025
- Jordan Bender from JMP Securities set a target price of $25.0 on 08/08/2025
- Felicia Hendrix from Barclays set a target price of $22.0 on 07/18/2025
- Stephen Grambling from Morgan Stanley set a target price of $17.0 on 07/11/2025
- Daniel Politzer from JP Morgan set a target price of $24.0 on 06/23/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
