Red Rock Resorts Inc. (RRR) reported first-quarter 2026 results. Revenue was $507.3 million (+1.9% year-over-year), gross profit was $318.6 million (+2.29% YoY), and operating profit was $143.7 million (-6.92% YoY).
The company showed stronger cash generation while operating profit and net income slipped modestly year-over-year, and diluted EPS slightly beat expectations.
Following the release, the stock was down 3.67% since market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Red Rock Resorts Inc. Hedge Fund Activity
We have seen 119 institutional investors add shares of Red Rock Resorts Inc. stock to their portfolio, and 141 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 3,273,170 shares (+84.8%) to their portfolio in Q4 2025, for an estimated $202,772,881
- CITADEL ADVISORS LLC removed 1,436,101 shares (-94.2%) from their portfolio in Q4 2025, for an estimated $88,966,456
- INVESCO LTD. added 817,524 shares (+345.6%) to their portfolio in Q4 2025, for an estimated $50,645,611
- EMINENCE CAPITAL, LP removed 787,191 shares (-32.8%) from their portfolio in Q4 2025, for an estimated $48,766,482
- WELLINGTON MANAGEMENT GROUP LLP added 738,072 shares (+inf%) to their portfolio in Q4 2025, for an estimated $45,723,560
- STATE STREET CORP added 695,575 shares (+62.1%) to their portfolio in Q4 2025, for an estimated $43,090,871
- DIAMOND HILL CAPITAL MANAGEMENT INC removed 445,515 shares (-18.2%) from their portfolio in Q4 2025, for an estimated $27,599,654
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Red Rock Resorts Inc. Analyst Ratings
Wall Street analysts have issued reports on $RRR in the last several months. We have seen 3 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 01/14/2026
- Citigroup issued a "Buy" rating on 11/21/2025
- Jefferies issued a "Buy" rating on 11/04/2025
To track analyst ratings and price targets for Red Rock Resorts Inc., check out Quiver Quantitative's $RRR forecast page.
Red Rock Resorts Inc. Price Targets
Multiple analysts have issued price targets for $RRR recently. We have seen 11 analysts offer price targets for $RRR in the last 6 months, with a median target of $70.0.
Here are some recent targets:
- Barry Jonas from Truist Securities set a target price of $70.0 on 04/21/2026
- Daniel Politzer from JP Morgan set a target price of $73.0 on 04/16/2026
- Stephanie Grambling from Morgan Stanley set a target price of $63.0 on 04/08/2026
- David Katz from Jefferies set a target price of $74.0 on 04/06/2026
- David Williams from Benchmark set a target price of $67.0 on 03/23/2026
- James Hardiman from Citigroup set a target price of $76.0 on 02/12/2026
- Joseph Stauff from Susquehanna set a target price of $77.0 on 02/11/2026
