Monarch Casino & Resort shares rose 21.4% last week after the company reported record second-quarter 2025 results. Revenue increased 6.8% year on year, net income rose 19.1% and diluted earnings per share increased 21%; Wells Fargo upgraded its rating, while Truist and Stifel raised their price targets.
The results and analyst changes provide investors with updated performance and valuation signals for Monarch.
Quarter ended 30 September 2026
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Analysts at Jefferies, Texas Capital Securities, J. P. Morgan and Truist Securities reviewed Las Vegas Sands, Boyd Gaming and Monarch Casino results in notes dated 20–27 July. Jefferies said Las Vegas Sands’ Macau EBITDA was 27% below its estimate on revenue 9% below; Boyd’s second-quarter EBITDAR beat one analyst’s forecast by 3%, while Monarch’s Q2 EBITDA fell slightly short.
It was reported that Flutter Entertainment shares fell 4.98% to $101.25 in the week to 24 July 2026, the weakest of the nine stocks the outlet tracks. The report linked the decline to prediction-market concerns and analyst price-target cuts, while Betsson rose 1.82% after record second-quarter revenue.
It was reported that Monarch Casino & Resort restated its interest in strategic acquisitions while releasing Q2 results. The company did not identify potential targets or provide further transaction details.
Analysts at Truist Securities said regional-focused operators could outperform in second-quarter results, naming Penn Entertainment and Monarch Casino & Resort as potential beneficiaries. Jefferies analyst David Katz said gaming revenue across 18 reporting US states rose 3.8% year on year in the quarter, while Macquarie reported preliminary June US hotel revenue per available room growth of 8.7%.
Gaming companies are due to report first-quarter results from this week, with Las Vegas Sands scheduled to report first, followed by other listed operators. Morgan Stanley analyst Stephen Grambling said casino trends weakened from the previous quarter, while digital handle remained stable. Deutsche Bank lowered its Macau forecasts for the first quarter of 2025 and subsequent periods, according to the report.