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Monarch Casino & Resort rated Buy with 20% upside, driven by strong earnings and tourism growth.

Analyst Insights
28 Sep 2026
Seeking Alpha
View Source
Bullish
Monarch Casino & Resort rated Buy with 20% upside, driven by strong earnings and tourism growth.

Monarch Casino & Resort received a reiterated Buy rating due to strong EBITDA and free cash flow from its Atlantis and Black Hawk properties. Analyst Pedro Goulart highlights a 20% upside target of $147 per share, supported by Reno's tourism momentum and infrastructure improvements, as well as robust growth in Black Hawk. Discounted cash flow models justify a valuation range of $136–$149 per share, indicating the stock is slightly undervalued with positive catalysts ahead. This outlook aligns with Texas Capital's recent Buy initiation and long-term valuation expectations.

Monarch Casino & Resort is the subject of recent analyst attention with a reiterated Buy rating and a 20% upside target. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Sep 28, 2026 23:31 WIB: of 112 priced US stocks, 57 rose and 53 fell. Notable movers include CVNA at USD 60.45 with a -7.09% change, RENT at USD 1.56 with a -6.59% change, and QS at USD 4.62 with a -5.91% change.

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