Six Flags Stock Eyes Fourth Weekly Loss as Analyst Cuts Target to $5
Mizuho lowered its Six Flags price target to $5 from $10 and kept an Underperform rating ahead of third-quarter results due Nov. 5.
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what happened
According to Stocktwits, shares of Six Flags Entertainment (FUN) are on track for a fourth straight weekly decline. Mizuho analyst cut the price target to $5 from $10 and kept an Underperform rating, implying roughly 29% further downside. The firm cited weak sales, mounting debt, limited cash generation and expensive borrowing. In Mizuho's view, the company relies on borrowed money to cover seasonal costs.
Mizuho also said the planned $370 million purchase of Six Flags Over Georgia raises concerns about the company's financial health. The stock has fallen 84% from its July 2024 peak and is down 53% year to date. The company posted a $202.6 million loss in the second quarter, more than double a year earlier. Third-quarter results are scheduled for Nov. 5.
why it matters
For markets, this points to pressure on a leveraged amusement park operator, where high debt and costly financing limit flexibility. Guggenheim kept a Buy rating but lowered its target to $17, showing how far analyst views on the business diverge.
market impact
Six Flags shares: debt pressure and weak sales weigh on FUN sentiment
tags
instruments
sources
- FUN Stock Heads For 4th Week Of Loss: Analyst Sees 29% Downside Ahead Of Earnings As Mounting Debt, Weak Sales Loom — Stocktwits, 22 October 2026 at 02:05 UTC
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