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n 26 Sep 2025, Land & Buildings Investment Management urged Six Flags Entertainment Corp. to spin off or sell its real‑estate portfolio, arguing that monetising assets could unlock shareholder value after the Cedar Fair merger. The firm highlighted growing board and investor appetite for structural changes amid recent operational setbacks and shifting sentiment.

    The activist push may shift Six Flags’ priorities, but the company’s core risk remains its high leverage and interest burden, especially in a volatile rate environment. A recent plan to close and redevelop Six Flags America and Hurricane Harbor in Maryland signals management’s willingness to pursue bold portfolio moves, yet it also raises concerns that new owners could favour short‑term gains over long‑term health.

    Financial outlook: Six Flags is projected to generate $3.7 bn in revenue and $269.4 m in earnings by 2028, assuming 5 % annual revenue growth and a $753 m improvement from the current $483.6 m loss. These assumptions imply a fair value of $31.23 per share, a 43 % upside to the current price.

    Community perspectives: Simply Wall St members have produced fair‑value estimates ranging from $31.23 to $73.01 per share, underscoring the impact of leverage on valuation. Investors can compare these views to gauge risk and reward.

    Build your own narrative: A free report offers a concise visual “Snowflake” summarising Six Flags’ fundamentals, highlighting three key rewards and two warning signs. The tool lets you craft a personalized thesis in under three minutes.

    Portfolio management: A new free companion allows investors to link multiple portfolios, receive alerts on warning signs, and track fair values in one currency.

    Disclaimer: The analysis is based on historical data and analyst forecasts, not financial advice. Simply Wall St holds no positions in the stocks discussed. Contact [email protected] with feedback.