Why Boyd Gaming (BYD) Stock Is Up Today

What Happened?

Shares of gaming and hospitality company Boyd Gaming (NYSE:BYD) jumped 6.8% in the morning session after the company reported strong first-quarter 2025 results, with revenue, EBITDA, and earnings per share all coming in above Wall Street's expectations, despite weather disruptions and a tough comparison to last year's leap year bump. The real story was the 20% jump in online segment revenue, now a vital part of Boyd's growth engine, fueled by higher contributions from digital casino games. Overall, this quarter had some key positives.

Is now the time to buy Boyd Gaming? Access our full analysis report here, it’s free.

What The Market Is Telling Us

Boyd Gaming’s shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

Boyd Gaming is down 3.5% since the beginning of the year, and at $69.29 per share, it is trading 12.9% below its 52-week high of $79.52 from February 2025. Investors who bought $1,000 worth of Boyd Gaming’s shares 5 years ago would now be looking at an investment worth $4,218.

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.