NYSE:FUN 21 October 2025 - 22 October 2025

After the activist news, Six Flags’ stock briefly hit ~$25–26 intraday on Oct. 21 investing.com. By Oct. 22 it settled back into the low-$20s ts2.tech. Investors are weighing the upside – a recent consensus target is around $34 ts2.tech – against lingering risks. Next up, the company is expected to report Q3 results in early November; analysts forecast a seasonal boost from continued summer attendance and early 2026 season-pass sales. Forecasters are generally cautious: simplywall.st projects that Six Flags could grow to about $3.7 billion in revenue and ~$269 million in net income by 2028, implying a fair value around $31 per share simplywall.st. The troubles at Six Flags/Cedar Fair reflect wider trends in the U.S. amusement-park industry. Consumers have been increasingly selective with leisure spending amid high inflation and interest rates. U.S. theme-park revenues were about $33 billion in 2025, but growth has slowed from post-pandemic surges. Adverse weather and a cautious consumer base hurt attendance early in 2025 investing.com ts2.tech. On the plus side, record summer travel in 2025 did bring more park visits investing.com businesswire.com. Major players like Disney and Universal have been expanding into Orlando and globally, raising the competitive bar. Amusement parks have been investing

Six Flags stock soared on Oct. 21, trading up to ~$26 intraday from Monday’s $21.77 closemarketbeat.comts2.tech after news broke of a major activist campaign. Jana Partners, a New York hedge fund, disclosed a 9% stake in Six Flags and announced it is teaming up with Kansas City Chiefs star Travis Kelce to push the company to improve marketing and the guest experienceinvesting.commarkets.chroniclejournal.com. Mr. Kelce, who is famously engaged to pop star Taylor Swift and a self-described “lifelong Six Flags fan,” said he is excited to help “the next generation” of parkgoersmarkets.chroniclejournal.com. Jana’s managing director Scott Ostfeld made the announcement at an investment summit Oct. 21, saying Kelce’s involvement “presents a unique opportunity to significantly boost park attendance”markets.chroniclejournal.com. The market reacted sharply: shares spiked 17% on Tuesdayinvesting.com. By mid-week, Six Flags was trading around $20.7–21investing.comts2.tech – still well below its mid-2024 highs. Despite the recent bounce, the stock remains down roughly 55–58% year-to-datereuters.cominvesting.com, reflecting tepid first-half results and merger integration challenges.