Mizuho Analyst Warns of Financial Turbulence for Six Flags

Mizuho analyst Ben Chaiken has raised concerns about Six Flags' financial stability following a fatal roller coaster accident and subsequent ride closures. The analyst projects a negative free cash flow of $27 million and suggests the company may need to issue high-cost unsecured debt to manage its finances over the next year. If Six Flags cannot secure this debt soon, it risks being shut out of financing until the second half of 2027, while also managing the integration of its 2024 merger with Cedar Fair and facing declining attendance figures.