Six Flags Entertainment Corporation Stock Price, News & Analysis

Six Flags (NYSE: FUN) will release 2025 fourth-quarter and full-year financial results in the pre-market on Thursday, Feb. 19, 2026. Management will host an investor conference call at 10:00 a.m. EST that day featuring CEO John Reilly and CFO Brian Witherow to discuss results and business outlook. A live, listen-only audio webcast will be available on the Six Flags investor website under Investor Information & Events & Presentations, and a recording will be posted shortly after the call.

Six Flags (NYSE: FUN) priced $1.0 billion of 8.625% senior notes due 2032 at 100% of par, with closing expected on or about January 14, 2026 subject to customary conditions. Net proceeds, together with cash on hand, will be used to fully redeem the Company’s 5.375% and 5.500% senior notes due April 15, 2027, to pay accrued interest to the redemption date, and to cover offering and redemption fees and expenses. The notes will be senior unsecured obligations of the co-issuers and initially fully guaranteed by the company’s direct and indirect wholly-owned restricted subsidiaries (other than the subsidiary co-issuers). The offering is to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S, and the notes and guarantees are not registered under the Securities Act.

Six Flags Entertainment (NYSE: FUN) intends to privately offer $1.0 billion of senior notes due 2032 to qualified institutional buyers and non-U.S. persons. The company plans to use net proceeds, together with cash on hand, to fully redeem its 5.375% and 5.500% senior notes due April 15, 2027, pay accrued interest through the redemption date, and cover offering and redemption fees and expenses.

The redemptions are conditioned on a financing that yields at least $1.0 billion gross proceeds; there is no assurance the condition will be met and the company may waive it at its discretion.

Six Flags (NYSE: FUN) announced it will not exercise its contractual call option to acquire the remaining partner interests in Six Flags Over Texas. The company had to notify the partnership by December 31, 2025, and exercising would have required a payment due in January 2028. Management said the option's contractual terms do not align with current capital allocation priorities, but Six Flags will continue to operate and invest in the park and keep discussions open with partners.

The decision does not affect ownership or operations of Six Flags Over Georgia, where the company exercised a call option in December 2024.

Six Flags (NYSE:FUN) opened Six Flags Qiddiya City on Dec 31, 2025, its first theme park built outside North America, located 40 minutes from Riyadh in the Tuwaiq Mountains.

The park features 28 rides and attractions, including 18 family rides and record‑breaking coasters: Falcons Flight (world's tallest, fastest, longest coaster), Iron Rattler (tallest tilt coaster) and Spitfire (tallest inverting coaster). Adult tickets start at $85, children at $70, and kids under 4 enter free; discounted accessibility tickets start at $20.

JANA Partners said it and partners own approximately 9% economic interest in Six Flags Entertainment (NYSE: FUN) and applauded the hiring of John Reilly as President & CEO on Nov 24, 2025. The statement also announced that Glenn Murphy has de-grouped from the JANA-led investor group to advance discussions with Six Flags about a potential senior leadership role with the board. It reiterated that Dave Habiger remains de-grouped to pursue a separate, complementary opportunity involving the company.

Six Flags (NYSE: FUN) appointed John Reilly as President and Chief Executive Officer, effective December 8, 2025; he will also join the Six Flags Board of Directors that day. Reilly succeeds Richard A. Zimmerman, who will step down from the CEO role and the Board on December 8, 2025. The appointment concludes a board-led succession process following the merger of Six Flags and Cedar Fair.

Reilly brings more than 30 years of theme-park experience, most recently as CEO of Palace Entertainment U.S. and Group COO at Parques Reunidos, with prior roles at SeaWorld where he helped drive EBITDA growth and shareholder returns. Board leadership described the hire as aimed at optimizing operations and reinvigorating growth at underperforming parks.

JANA Partners (investor group) announced on November 13, 2025 that Dave Habiger has de-grouped from the JANA-led investor group that collectively holds an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN). The announcement says Habiger left the group to pursue a complementary opportunity involving Six Flags.

The update only reports the change in group membership and the stated reason for his departure; no transaction, voting change, or shift in ownership percentage was disclosed.

Six Flags Entertainment (NYSE: FUN) will launch holiday events across 14 parks and four resorts beginning Nov. 15, 2025, featuring 25 million lights, seasonal entertainment, themed food, Santa meet-and-greets and limited-time attractions.

Key programs include WinterFest, Holiday in the Park, Knott's Merry Farm and Christmas in the Park with select dates from Nov. 15, 2025 through Jan. 18, 2026. Resorts will offer festive stays and promotional room rates with booking deadlines and park-specific details on each park website.