Caesars Entertainment Inc. (CZR) stock rises on Q4 2025 Earnings

Caesars Entertainment Inc. (CZR) reported fourth-quarter 2025 results with the following highlights:

Total revenue: $2.9 billion (up 4.2% year‑over‑year).

Gross profit: $1.4 billion (up 2.1% year‑over‑year), implying a gross margin of about 49.1%.

Operating profit: $331 million (down 50.5% year‑over‑year), with operating margin near 11.4%.

Net income attributable to common shareholders: a loss of $250 million (down 433.3% year‑over‑year).

Diluted earnings per share: -$1.23 per share (a steep decline versus the prior year).

Balance sheet and cash‑flow snapshot:

Cash from operating activities: $304 million (down 1.6% year‑over‑year).

Purchases of property, plant and equipment: $157 million (capex declined 43.7% year‑over‑year).

Cash and cash equivalents: $887 million (down 7.7% year‑over‑year).

Total liabilities: $28.0 billion (down 0.9% year‑over‑year).

Context versus expectations and market reaction:

Revenue came in essentially in line with the estimate of $2.9 billion.

Reported diluted EPS of -$1.23 missed the estimate of about -$0.17 per share.

Shares moved after the release, with the stock change since market close at about 3.22%.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Caesars Entertainment Inc. Insider Trading Activity

Caesars Entertainment Inc. insiders have traded $CZR stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CZR stock by insiders over the last 6 months:

BONNIE BIUMI purchased 1,000 shares for an estimated $18,687

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Caesars Entertainment Inc. Hedge Fund Activity

We have seen 188 institutional investors add shares of Caesars Entertainment Inc. stock to their portfolio, and 343 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 12,172,149 shares (+93.4%) to their portfolio in Q4 2025, for an estimated $284,706,565
NOMURA HOLDINGS INC removed 11,876,473 shares (-83.2%) from their portfolio in Q3 2025, for an estimated $320,961,682
INVESCO LTD. removed 5,800,055 shares (-86.8%) from their portfolio in Q3 2025, for an estimated $156,746,486
CAPITAL RESEARCH GLOBAL INVESTORS removed 5,402,705 shares (-35.3%) from their portfolio in Q4 2025, for an estimated $126,369,269
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added 4,937,998 shares (+246899900.0%) to their portfolio in Q4 2025, for an estimated $115,499,773
MORGAN STANLEY added 3,910,430 shares (+121.0%) to their portfolio in Q4 2025, for an estimated $91,464,957
MUFG SECURITIES EMEA PLC added 2,800,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $65,492,000

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Caesars Entertainment Inc. Analyst Ratings

Wall Street analysts have issued reports on $CZR in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 01/21/2026
Macquarie issued a "Outperform" rating on 10/29/2025
Goldman Sachs issued a "Buy" rating on 10/29/2025
Stifel issued a "Buy" rating on 10/29/2025
Truist Securities issued a "Buy" rating on 10/21/2025
JMP Securities issued a "Market Outperform" rating on 10/17/2025

To track analyst ratings and price targets for Caesars Entertainment Inc., check out Quiver Quantitative's $CZR forecast page.

Caesars Entertainment Inc. Price Targets

Multiple analysts have issued price targets for $CZR recently. We have seen 13 analysts offer price targets for $CZR in the last 6 months, with a median target of $31.0.

Here are some recent targets:

Lance Vitanza from TD Cowen set a target price of $35.0 on 01/21/2026
Stephen Grambling from Morgan Stanley set a target price of $27.0 on 01/16/2026
Joseph Stauff from Susquehanna set a target price of $31.0 on 01/08/2026
Lizzie Dove from Goldman Sachs set a target price of $24.0 on 12/15/2025
James Hardiman from Citigroup set a target price of $23.0 on 11/21/2025
Trey Bowers from Wells Fargo set a target price of $21.0 on 11/18/2025
David Katz from Jefferies set a target price of $22.0 on 11/04/2025