Red Rock Resorts Inc (RRR) Price Prediction & ForecastRRRRed Rock Resorts Inc

Alphio's RRR stock price prediction model matches the current Red Rock Resorts Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $48.53 (-1.37%). The 1-week path is $48.94 (-0.52%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.

Red Rock Resorts Inc is currently a hold. The stock is priced at $49.61, with a forward P/E ratio of 16.29, indicating it is reasonably valued compared to its earnings potential. However, the RSI is at 45.18, suggesting it is neither overbought nor oversold, which means there may be better entry points in the near future. Additionally, the company has seen a significant decline in net income, dropping 29.3% year-over-year to $76.6 million, which raises concerns about its profitability. While the recent dividend declaration of $0.26 per share reflects stable cash flow, the overall market sentiment is cautious, especially with a 21.22% year-to-date decline in stock price. Therefore, it may be prudent to wait for clearer signs of recovery before making a purchase.

Red Rock Resorts Inc (RRR) last closed at $49.2000008, gaining +1.61%. These facts feed the 1-day and 1-week RRR price prediction above.