Six Flags Entertainment (NYSE:FUN) Raised to Strong-Buy at Zacks Research

Six Flags Entertainment (NYSE:FUN) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other analysts have also commented on FUN. Citigroup lifted their price objective on Six Flags Entertainment from $20.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday. Oppenheimer lowered their price objective on Six Flags Entertainment from $40.00 to $26.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Barclays lifted their target price on shares of Six Flags Entertainment from $22.00 to $26.00 and gave the stock an “overweight” rating in a report on Friday. Guggenheim lowered their target price on shares of Six Flags Entertainment from $33.00 to $29.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, Morgan Stanley set a $18.00 target price on shares of Six Flags Entertainment in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Six Flags Entertainment currently has a consensus rating of “Moderate Buy” and an average price target of $24.85.

Six Flags Entertainment Stock Performance

Shares of Six Flags Entertainment stock opened at $21.99 on Thursday. The company has a debt-to-equity ratio of 19.18, a current ratio of 0.69 and a quick ratio of 0.59. The firm has a market cap of $2.24 billion, a P/E ratio of -1.35 and a beta of 0.35. The firm has a 50 day simple moving average of $17.84 and a 200 day simple moving average of $17.28. Six Flags Entertainment has a fifty-two week low of $12.51 and a fifty-two week high of $38.47.

Six Flags Entertainment (NYSE:FUN) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($2.65) EPS for the quarter, topping analysts’ consensus estimates of ($2.71) by $0.06. The firm had revenue of $225.63 million during the quarter, compared to analyst estimates of $207.49 million. Six Flags Entertainment had a positive return on equity of 5.17% and a negative net margin of 52.76%. Sell-side analysts predict that Six Flags Entertainment will post -0.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Six Flags Entertainment

Institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its holdings in shares of Six Flags Entertainment by 10.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,527 shares of the company’s stock valued at $103,000 after buying an additional 442 shares during the period. State of Alaska Department of Revenue grew its holdings in shares of Six Flags Entertainment by 1.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 56,470 shares of the company’s stock valued at $1,282,000 after buying an additional 545 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Six Flags Entertainment by 26.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,830 shares of the company’s stock valued at $86,000 after buying an additional 586 shares during the period. Arizona State Retirement System grew its holdings in shares of Six Flags Entertainment by 2.2% in the 3rd quarter. Arizona State Retirement System now owns 28,421 shares of the company’s stock valued at $646,000 after buying an additional 610 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Six Flags Entertainment by 259.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the company’s stock valued at $30,000 after buying an additional 722 shares during the period. 64.65% of the stock is currently owned by institutional investors and hedge funds.

Six Flags Entertainment News Summary

Here are the key news stories impacting Six Flags Entertainment this week:

• Positive Sentiment: Six Flags reported Q1 2026 revenue rose 12% to $225.6 million, helped by 4% higher attendance and 6% higher per-capita spending, suggesting pricing and in-park spending are improving. Six Flags Entertainment Corporation Reports 2026 First Quarter Results
• Positive Sentiment: The company beat earnings expectations for the quarter, reporting a smaller-than-expected loss per share, which supported the stock. Six Flags Earnings Report
• Positive Sentiment: JPMorgan upgraded Six Flags from underweight to neutral and set a $26 price target, implying upside from current levels. Benzinga
• Positive Sentiment: Barclays raised its price target on Six Flags to $26 and maintained an overweight rating, reinforcing optimism around the post-earnings outlook. Benzinga
• Neutral Sentiment: Six Flags also announced leadership transitions, including a CFO departure, which may create some near-term uncertainty but is not clearly negative on its own. Six Flags Announces Leadership Transitions
• Negative Sentiment: One recent analyst note still kept an underweight view and a lower $16 target, showing that not all Wall Street sentiment has turned positive. Benzinga

About Six Flags Entertainment

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.