Six Flags Entertainment

FUN · NYSE

$7.86−$0.45 (−5.42%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $8.31

FUN analyst rating

BuyConsensus of 13 analysts over the last 12 months. 62% rate it a buy.

Strong buy0
Buy8
Hold5
Underperform0
Sell0

12-month price target · 16 analysts

Average $21.51 (+173.6% upside)

Low: $10.10
Now: $7.86
High: $29.40

Upgrades and downgrades

The latest rating actions, newest first

FUN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Oct 16, 2026	Maintains	Buy	$27.00 → $18.00	46%
Citigroup	Oct 8, 2026	Maintains	Neutral	$17.00 → $13.00	44%
Truist Securities	Sep 10, 2026	Maintains	Buy	$28.00 → $22.00	41%
JP Morgan	Aug 11, 2026	Maintains	Neutral	$26.00 → $22.00	57%
Barclays	Aug 7, 2026	Maintains	Overweight	$26.00 → $22.00	46%
Oppenheimer	Aug 7, 2026	Maintains	Outperform	$26.00 → $23.00	52%
Citizens	Aug 7, 2026	Maintains	Market Outperform	$29.00 → $24.00	31%
Guggenheim	Jul 24, 2026	Maintains	Buy	$33.00 → $28.00	45%
Citigroup	Jul 10, 2026	Maintains	Neutral	$24.00 → $19.00	44%
Citizens	Jun 29, 2026	Initiates	Market Outperform	$29.00	31%

The case for and against

Updated Oct 14, 2026

Bull case

Six Flags Entertainment is supported by a uniquely scaled regional park network, with 34 properties, strong season-pass penetration, and a large middle-income customer base that drives repeat visitation, recurring revenue, and meaningful in-park spending. Management’s ability to monetize non-core assets, including the April 2026 divestiture of seven low-margin parks at 7.4x EBITDA, alongside expected EBITDA growth in 3Q26 and 4Q26 and an overall 6% same-store EBITDA increase in 2026E, strengthens the view that earnings and free cash flow can improve. Although leverage remains elevated at 5.5x and could rise to 5.9x by 1Q27E, the combination of cost rationalization, merger synergies, real estate value, and easier comparisons in 2026 supports a favorable long-term outlook.

Bear case

Six Flags Entertainment is vulnerable to a weak consumer backdrop because amusement spending is discretionary and typically among the first expenses cut in an economic downturn, which could pressure attendance and growth across its parks. Its outdoor park model also creates meaningful operational risk from unfavorable weather, storms, and regional disruptions that can close rides or reduce visits even across a geographically diversified footprint. In addition, safety failures, lawsuits, regulatory scrutiny, and negative publicity around accidents or animal treatment could damage the brand and undermine demand in a business where reputation is critical.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.