Not a good buy right now: today’s +8.51% jump looks more like a relief bounce inside a broader bearish trend (SMA200 > SMA20 > SMA5).
Risk/reward is skewed by the upcoming earnings event (2026-02-17) with elevated implied volatility; for an impatient buyer, you’re likely paying up for uncertainty.
Options sentiment is bullish (call-heavy), but that can also reflect short-dated speculation into earnings rather than durable upside.
Best stance today: HOLD / do not chase this spike; if already owned, this strength is a reasonable spot to trim into resistance (23.6 area).
Technical Analysis
Trend: Bearish by moving averages (SMA200 > SMA20 > SMA5), indicating the primary trend is still down despite today’s rally.
Momentum: MACD histogram -0.24 (below zero) and only “negatively contracting” → bearish momentum is easing but not flipped to bullish.
RSI(6)=57.48: neutral-to-slightly constructive; not an oversold rebound signal anymore after today’s surge.
Levels: Price 22.28 is just above pivot 22.106 (near-term support). Next resistance at R1=23.6; failure there increases odds of a fade back toward S1=20.612.
Pattern/near-term stats: Similar-pattern modeling suggests +1.02% next day but -0.67% next week → bounce risk of stalling soon.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Positioning/Sentiment: Put/Call OI 0.58 and Put/Call volume 0.08 are distinctly bullish (calls dominate), indicating traders are leaning upside.
Volatility: 30D IV 64.48 vs historical vol 45.46; IV percentile 82.47 → options are expensive, consistent with earnings/event premium.
Activity: Today’s total option volume 4,393 is below recent averages (today vs 30D avg ~61%), suggesting sentiment is bullish but not a broad volume surge.
Takeaway: Bullish skew, but priced-for-move conditions into earnings increase the odds of post-event whipsaw.
Technical Summary
Sell
10
Buy
2
Positive Catalysts
supports a longer runway for property-level growth.
Neutral/Negative Catalysts
Earnings overhang: QDEC 2025 earnings on 2026-02-17 (after hours) with reduced near-term visibility flagged by TD Cowen; elevated IV reflects this risk.
Fundamentals narrative: Las Vegas/Strip commentary across the street remains cautious (muted demand/RevPAR softness), which can cap the multiple.
Technical structure: Despite today’s pop, the stock remains in a bearish MA stack; rallies can fail near 23.6–24.5 resistance.
Margin pressure: Gross margin down meaningfully YoY in the latest reported quarter, a key headwind if it persists.
Financial Performance
Latest quarter provided: 2025/Q3.
Revenue: $2.869B, down -0.17% YoY (flat-to-slightly down top line).
Profitability improving from a weak base: Net income -$55M (improved 511.11% YoY) and EPS -0.27 (improved 575% YoY) → losses narrowing.
Quality of improvement is mixed: Gross margin 34.37%, down -11.58% YoY → operational/mix pressures remain a concern even as bottom-line loss narrows.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: Price targets have mostly been cut (JPM $38→$37; TD Cowen $40→$35; Morgan Stanley $29→$27), reflecting softer visibility, especially in Las Vegas.
Notable positive change: Susquehanna upgraded to Positive (PT $25→$31), calling risk/reward attractive; Jefferies nudged PT up to $25.
Current Wall St. pros: Low expectations + ‘inexpensive’ setup; potential regional inflection and digital upside if execution/hold improves.
Current Wall St. cons: Near-term turbulence risk into earnings; muted 2026 fundamentals; skepticism on digital investment payoffs and Las Vegas variability.
Influential/political trading: No recent congress trading data available; hedge funds and insiders show neutral activity (no strong accumulation signal).
Wall Street analysts forecast CZR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CZR is 29.66 USD with a low forecast of 21 USD and a high forecast of 40 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast CZR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CZR is 29.66 USD with a low forecast of 21 USD and a high forecast of 40 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 20.310
Low
21
Averages
29.66
High
40
Current: 20.310
Low
21
Averages
29.66
High
40
JPMorgan
Overweight
maintain
$38 -> $37
AI Analysis
2026-01-23
Reason
JPMorgan
Price Target
$38 -> $37
AI Analysis
2026-01-23
maintain
Overweight
Reason
JPMorgan lowered the firm's price target on Caesars to $37 from $38 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space as part of a Q4 earnings preview. Gaming stocks "are carrying a lot of baggage and negativity," so investors should be selective, the analyst tells investors in a research note. JPMorgan believes digital is the segment with the greatest opportunity for earnings beats.
TD Cowen
Buy
downgrade
$40 -> $35
2026-01-21
Reason
TD Cowen
Price Target
$40 -> $35
2026-01-21
downgrade
Buy
Reason
TD Cowen lowered the firm's price target on Caesars to $35 from $40 and keeps a Buy rating on the shares. The firm said with reduced near-term visibility particularly in Las Vegas, they expect some turbulence when Caesars reports 4Q25 earnings on February 17. They lowered their 4Q25E and F26E estimates on uneven visitation and greater volatility in Digital hold.
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