Caesars Entertainment Inc Dossier
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SectorConsumer Discretionary IndustryResorts & Casinos Beta (adjusted)1.49 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $29.62Price as of 1 Oct 2026 Data confidenceNot applicable Market Cap $6B Enterprise Value $16.8B Shares Outstanding 202M diluted Moat Rating Wide Next Earnings Date27 Oct 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Caesars Entertainment, Inc. (CZR) is currently in a transitional phase following its definitive agreement on May 28, 2026, to be acquired by Tilman Fertitta's Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion. Under the terms of the agreement, Caesars shareholders will receive $31.00 per share in cash, representing a 49% premium over the unaffected share price as of February 25, 2026. The transaction includes a 'go-shop' period running through July 11, 2026, allowing the company to solicit alternative proposals. Given that the stock is trading close to the $31.00 buyout price, the investment thesis is heavily anchored to the successful completion of this transaction, which provides downside protection but limits further equity upside unless a superior bid emerges. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$31.00 Mean target$31.27 High · most bullish analyst$35.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario The acquisition fails to close due to regulatory hurdles across multiple state gaming commissions, or financing conditions deteriorate significantly, forcing Fertitta to terminate the agreement. Caesars' high leverage ($11.9 billion in debt) and volatile regional gaming trends would likely cause the stock to retreat back toward its unaffected pre-rumor levels. Base CaseCentral scenario The acquisition by Fertitta Entertainment proceeds as planned at $31.00 per share. The transaction is financed through a combination of equity from Fertitta, assumed Caesars debt of $11.9 billion, and new committed debt financing from a consortium of banks. The deal is expected to close following shareholder and regulatory approvals, providing immediate liquidity and a clear exit valuation for current shareholders. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |