PENN Entertainment, Inc. (PENN) is focusing on digital transformation and loyalty-driven customer conversion.

From Yahoo Finance: 2025-06-24 09:13:00

PENN Entertainment, Inc. (PENN) is trading at $16.48 with a trailing P/E of 77.43 and a forward P/E of 55.87. The company’s acquisition of Barstool Sports has faced challenges, but it has strong foundational assets, including gaming licenses and regional casino properties. PENN launched ESPN Bet in Q4 2023, focusing on loyalty-driven customer conversion.

The strategic pivot to ESPN Bet positions PENN as the infrastructure backbone of a sports-betting ecosystem and facilitates real-world gratification for users. By integrating online and offline accounts, the company is unlocking new monetization opportunities and reinforcing its long-term viability within the industry. The focus is on digital transformation and loyalty-driven monetization.

Despite not being among the 30 Most Popular Stocks Among Hedge Funds, PENN has seen an increase in hedge fund portfolios holding the stock. While the company presents potential as an investment, some AI stocks may offer higher returns with limited downside risk. Investors looking for a cheap AI stock can explore opportunities beyond PENN.



Read more at Yahoo Finance: PENN Entertainment, Inc. (PENN): A Bull Case Theory