
Accel Entertainment (ACEL) Stock Forecast & Price Target
Accel Entertainment (ACEL) Analyst Ratings
Bulls say
Accel Entertainment has demonstrated a robust growth trajectory, with non-Illinois revenues increasing to approximately 28% by 2025, attributed to its expansion into Nevada and Montana. The company is projected to achieve a compound annual growth rate (CAGR) of 6% in EBITDA between 2024 and 2027, bolstered by low-single-digit growth in core markets and high-single-digit growth in emerging regions. Additionally, the substantial revenue growth in Louisiana, alongside the strong performance of existing terminals and successful market expansion initiatives in states like Nebraska and Georgia, underscores the company's potential for continued financial strength and market share gains.
Bears say
Accel Entertainment operates within a $6 billion U.S. video gaming terminal (VGT) market that has stagnated post-COVID, heavily relying on a slowing Illinois market for growth, which comprises about 75% of the company's revenue. The company's stock exhibits weak price momentum, suggesting poor medium to long-term performance that may continue in the future, exacerbated by concerns over a limited float that restricts significant ownership by investors. Additional downside risks include a stagnant VGT industry, regulatory uncertainties related to iGaming legalization, and challenges in optimizing its existing machine and location footprint, all of which collectively hinder the company’s financial outlook.
This aggregate rating is based on analysts' research of Accel Entertainment and is not a guaranteed prediction by Public.com or investment advice.
Accel Entertainment (ACEL) Analyst Forecast & Price Prediction
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