10 Best Video Game Stocks to Buy Now

8. Boyd Gaming Corporation (NYSE:BYD)

Number of Hedge Fund Holders: 40

Boyd Gaming Corporation (NYSE:BYD) is a multi-jurisdictional gaming company that manages and operates gaming and entertainment properties. Its operations are divided into the following segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online.

The company delivered a strong year performance due to its diversified business model, continued operating efficiencies, and recent property investments. It reported $3.9 billion in revenues in 2024, setting a full-year record. Its company-wide EBITDA reached nearly $1.4 billion while maintaining property-level operating margins of over 40%. These results reflect Boyd Gaming Corporation’s (NYSE:BYD) continued ability to deliver high performance. Its fiscal Q4 2024 revenue also surpassed the $1 billion mark for the first time, while EBITDAR increased to nearly $380 million.

The company is continually seeing strength throughout its property operating segments and increased strength in play from its core customers. Furthermore, Boyd Gaming Corporation (NYSE:BYD) is experiencing stable trends in play from its retail customers, ranking it eighth on our list of the 10 best video game stocks to buy now. Its median price target of $76.67 implies an upside of 8.91% from current levels.