Caesars Entertainment, Inc. (NASDAQ:CZR) Maintains "Hold" Rating Amidst Mobile Platform Upgrade

• CFRA maintains a "Hold" rating on Caesars Entertainment, Inc. (NASDAQ:CZR) with a raised price target to $50.
• Caesars Entertainment introduces a universal digital wallet in its Caesars Sportsbook app, enhancing the mobile betting experience.
• The stock price of CZR reflects a decrease, amidst fluctuations and a significant yearly volatility.

Caesars Entertainment, Inc. (NASDAQ:CZR) is a prominent player in the gaming and hospitality industry, known for its expansive network of casinos and resorts. The company operates under the Caesars, Harrah's, Horseshoe, and Eldorado brands, among others. It competes with other major casino operators like MGM Resorts and Wynn Resorts. On July 11, 2025, CFRA maintained its "Hold" rating for CZR, with the stock priced at approximately $30.21. StreetInsider reported that CFRA raised the price target for CZR to $50.

Caesars Entertainment recently announced an upgrade to its mobile sports betting platform, introducing a universal digital wallet on the Caesars Sportsbook app in Nevada. This feature allows users to manage funds and Caesars Rewards® credits in one place, enhancing the betting experience. The digital wallet is accessible across 19 jurisdictions, streamlining the process for users.

Despite these advancements, CZR's stock price is currently $30.20, reflecting a decrease of 4.16% or $1.31. The stock has fluctuated between $29.99 and $31.12 during the trading day. Over the past year, CZR has seen a high of $45.93 and a low of $21.40, indicating significant volatility.

Caesars Entertainment's market capitalization is approximately $6.28 billion, with a trading volume of 2,853,002 shares on the NASDAQ exchange. This market cap reflects the company's size and the value investors place on its future earnings potential. The trading volume indicates the level of investor interest and activity in the stock.