What is Caesars Entertainment, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Caesars Entertainment, Inc.'s reported free cash flow gives $26.82 per share. The share price was $29.59 on September 25, 2026, 10% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | -$4.16 | -114% |
| Base | 15.0% | 9.0% | $26.82 | -9% |
| Bull | 20.0% | 8.0% | $84.50 | +186% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $50.27 | $57.59 | $66.53 | $77.70 | $92.06 |
| 8.0% | $32.65 | $37.40 | $43.00 | $49.73 | $57.95 |
| 9.0% | $19.84 | $23.08 | $26.82 | $31.18 | $36.34 |
| 10.0% | $10.12 | $12.42 | $15.03 | $18.02 | $21.47 |
| 11.0% | $2.51 | $4.20 | $6.09 | $8.22 | $10.62 |
Where the presets come from
Base: years 1 to 5 grow at Caesars Entertainment, Inc.'s revenue growth rate over the last 5 fiscal years (25.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions