Based on ratings from 19 stock analysts, the Wynn Resorts Ltd stock price is expected to increase by 22.5% in 12 months. This is calculated by using the average 12-month stock price forecast for Wynn Resorts Ltd. The lowest target is $93 and the highest is $145. Please note analyst price targets are not guaranteed and could be missed completely.
About 19 Wall Street analysts have assignedWYNN 16 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Wynn Resorts Ltd to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on WYNN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of WYNN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brandt Montour Barclays | Overweight | $119 | Maintains | Nov 5, 2024 |
Joseph Greff JP Morgan | Overweight | $113 | Maintains | Nov 5, 2024 |
Chad Beynon Macquarie | Outperform | $120 | Maintains | Nov 5, 2024 |
Carlo Santarelli Deutsche Bank | Buy | $118 | Maintains | Nov 5, 2024 |
Daniel Politzer Wells Fargo | Overweight | $122 | Maintains | Nov 5, 2024 |
Stephen Grambling Morgan Stanley | Overweight | $115 | Maintains | Oct 22, 2024 |
Daniel Politzer Wells Fargo | Overweight | $125 | Maintains | Oct 17, 2024 |
Brandt Montour Barclays | Overweight | $125 | Maintains | Oct 17, 2024 |
Rachael Rothman Susquehanna | Positive | $122 | Maintains | Oct 11, 2024 |
Stephen Grambling Morgan Stanley | Overweight | $112 | Maintains | Oct 11, 2024 |
Stephen Grambling Morgan Stanley | Overweight | $104 | Upgrade | Sep 27, 2024 |
Steve Wieczynski Stifel | Buy | $103 | Maintains | Sep 13, 2024 |
Stephen Grambling Morgan Stanley | Equal-Weight | $97 | Maintains | Sep 4, 2024 |
Chad Beynon Macquarie | Outperform | $126 | Maintains | Aug 7, 2024 |
Carlo Santarelli Deutsche Bank | Buy | $122 | Maintains | Aug 7, 2024 |
Daniel Politzer Wells Fargo | Overweight | $115 | Maintains | Aug 7, 2024 |
Joseph Greff JP Morgan | Overweight | $101 | Maintains | Aug 7, 2024 |
Stephen Grambling Morgan Stanley | Equal-Weight | $107 | Maintains | Jul 12, 2024 |
Carlo Santarelli Deutsche Bank | Buy | $131 | Maintains | Jul 11, 2024 |
David Katz Jefferies | Hold | $96 | Maintains | Jul 11, 2024 |
When did it IPO
2002
Staff Count
27,800
Country
United States
Sector/Industry
Consumer Cyclical/Resorts & Casinos
CEO
Mr. Craig Scott Billings
Market Cap
$9.96B
In 2023, WYNN generated $6.53B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that WYNN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - WYNN is expanding in the UAE and pursuing innovations in Macau, but rising operating expenses may pose challenges for the company.
Why It Matters - WYNN's UAE expansion and Macau initiatives indicate growth potential, but rising operating expenses could impact profitability and investor returns.
Summary - Wynn Resorts (WYNN) reports 55% completion of structural concrete for Wynn Al Marjan Island in Ras Al Khaimah, the UAE's first integrated resort, located 50 minutes from Dubai Airport.
Why It Matters - Wynn Resorts' progress on its UAE resort indicates strong expansion plans, potentially boosting revenue and market presence in a lucrative region, which can positively impact stock performance.
Summary - Wynn shares have declined following soft 3Q results, presenting a potential buying opportunity for undervalued assets, despite marginal declines aligning with historic trading patterns.
Why It Matters - Wynn's share decline presents a buying opportunity, as 3Q results align with historical patterns, suggesting long-term value in its resilient and superior assets.
Summary - Tilman Fertitta has raised his ownership in Wynn Resorts to 9.9%, as reported in a SEC filing. The stake is classified as passive, but speculation suggests he may seek an active role.
Why It Matters - Tilman Fertitta's increased stake in Wynn Resorts signals potential influence in company decisions, which could affect stock performance and strategic direction, impacting investor sentiment.
Summary - Matt Maley of Miller Tabak + Co. shared insights on the stock outlooks for Wynn Resorts, CNH Industrial, and Tapestry during a CNBC appearance.
Why It Matters - Maley's insights on these stocks can influence investor sentiment and decision-making, impacting stock prices and market trends in the leisure, industrial, and retail sectors.
Summary - Wynn Resorts (WYNN) shares fell after the company reported third-quarter results that missed analyst expectations, attributed to slowing operations in Las Vegas.
Why It Matters - Wynn Resorts' missed earnings forecasts and slowing Las Vegas operations signal potential revenue declines, raising concerns about future profitability and impacting investor sentiment.