Red Rock Resorts (RRR): Assessing Valuation After Tax Reform Tailwinds and Durango Expansion Optimism

Red Rock Resorts (RRR) is back on investors’ radar after being highlighted as one of 2025’s stronger casino performers, with attention now shifting to what tax reforms and the Durango expansion could mean for future returns.

See our latest analysis for Red Rock Resorts.

Those tailwinds are already reflected in the tape, with a roughly 41 percent year to date share price return and a solid 1 year total shareholder return above 40 percent. This suggests momentum has been building as investors price in Durango’s ramp and tax reform benefits.

If Red Rock’s run has you rethinking where growth and resilience might show up next, it could be worth exploring fast growing stocks with high insider ownership as another source of ideas.

With shares now within touching distance of analyst targets but still trading at a sizeable discount to some intrinsic value estimates, the key question is whether Red Rock remains a buying opportunity or whether markets are already pricing in its future growth.

Most Popular Narrative: 3.2% Undervalued

With Red Rock Resorts closing at $63.13 against a narrative fair value near $65.20, the storyline leans slightly optimistic on upside from here.

The analysts have a consensus price target of $63.462 for Red Rock Resorts based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $68.0, and the most bearish reporting a price target of just $53.0.

Read the complete narrative.

Curious how modest revenue growth, expanding margins and a richer future earnings multiple can still add up to meaningful upside? The full narrative lays out the math, step by step.

Result: Fair Value of $65.20 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, that upside case still hinges on smooth project execution and a resilient Las Vegas locals economy. Construction delays or demand slowdowns could quickly pressure expectations.

Find out about the key risks to this Red Rock Resorts narrative.

Build Your Own Red Rock Resorts Narrative

If the current storyline does not quite match your view, dive into the numbers yourself and build a custom outlook in minutes: Do it your way.

A great starting point for your Red Rock Resorts research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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