• Goldman Sachs downgraded Caesars Entertainment (NASDAQ:CZR) from "Buy" to "Neutral" with a price target of $24, slightly below its current trading price.
• The company's stock has experienced significant volatility, with a current year high of $40 and a low of $18.25, reflecting market uncertainties.
• Despite recent downgrades, analysts highlight the underappreciated value of Caesars' digital business and real estate assets, suggesting a potential fair value three times its current market capitalization.

Caesars Entertainment (NASDAQ:CZR) is a prominent player in the casino and entertainment industry, known for its extensive portfolio of properties and digital gaming platforms. The company has faced challenges, including a significant stock decline of 80% from its peak in 2021, largely due to recession fears. Despite these challenges, analysts see potential in its digital business and real estate assets.

On December 15, 2025, Lizzie Dove from Goldman Sachs set a price target of $24 for CZR, while the stock was trading at $24.53. This represents a price difference of approximately -2.16% from the target. The downgrade from "Buy" to "Neutral" by Goldman Sachs, as reported by TheFly, reflects cautious sentiment amid market uncertainties.

Despite the downgrade, Caesars' stock has shown some resilience, with a current price of $24.53, marking a 1.78% increase or $0.43. The stock has traded between $24.15 and $24.94 today, indicating some volatility. Over the past year, CZR has seen a high of $40 and a low of $18.25, highlighting its fluctuating performance.

Caesars' market capitalization is approximately $5.15 billion, with a trading volume of 5,966,697 shares on the NASDAQ exchange. Analysts believe the market may have underestimated the growth potential of Caesars' digital business and the intrinsic value of its real estate assets, suggesting a fair value three times higher than its current valuation.

While investing in Caesars carries higher risk, it also offers substantial upside potential for investors willing to take the chance. The company's digital business and real estate assets present opportunities for growth, despite the current market challenges and the recent downgrade by Goldman Sachs.