Core Viewpoint - Caesars Entertainment, Inc. (NASDAQ:CZR) is identified as a stock with significant growth potential leading into 2026, despite recent quarterly results falling short of expectations [1][2]. Financial Performance - In Q3 2025, Caesars reported GAAP net revenues of $2.9 billion and a GAAP net loss of $55 million [1]. - The regional portfolio showed net revenue and adjusted EBITDA growth, attributed to consistent operating trends and positive returns from capital projects [3]. Market Trends - Temporary softness in Las Vegas is expected to improve with increasing group bookings for Q4 [2]. - Regional markets are demonstrating healthy momentum, supported by refined marketing strategies that could enhance free cash flow growth [2]. Online Gaming Business - Caesars' online gaming segment, including Caesars Palace and Horseshoe Apps, experienced a 20% growth to $1.2 billion in 2024, with EBITDA increasing by 207% to $117 million compared to 2023 [3]. - iGaming revenue surged by 65% in Q4 2024, building on a 54% growth in 2023 [3]. - The company is launching a live iCasino in-app product in Michigan and New Jersey, which is expected to drive further growth in online gaming [3]. Investment Potential - Analysts suggest that the stock could reach a value of $80 to $90 per share, indicating a potential upside of 200% to 300%+ from the current price of $25 [3]. - Caesars is projected to generate over $1 billion in after-tax free cash flow in 2025, implying a 20%+ equity yield on the stock today [3].