
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts is experiencing a significant recovery driven by a resurgence in the Macau gaming market, coupled with positive business momentum, as evidenced by a 14.5% growth in total casino revenues and strong demand projected into the fourth quarter and beyond. The company's strategic initiatives, including the development of nongaming attractions in Macau and the upcoming integrated resort in the UAE slated to open in 2027, are expected to enhance profitability and attract diverse clientele, allowing Wynn's assets to shift towards more margin-friendly gaming segments. Furthermore, anticipated improvements in the group and convention business, along with a favorable investor sentiment for Strip operators, position Wynn Resorts favorably for continued stock appreciation over the next six to twelve months.
Bears say
Wynn Resorts faces an underwhelming valuation driven by a lack of investor confidence in Macau-centric stocks due to the uncertain macroeconomic environment in China, which negatively impacts the perception of its assets in the region and the planned project in the UAE. This sentiment is exacerbated by subdued conditions on the Las Vegas Strip and highlighted by profitability ratios like Return on Equity (ROE) and Return on Assets (ROA), indicating inefficient conversion of investments into earnings. Additionally, risks such as political instability in Macau, high construction costs, and decreasing discretionary spending further contribute to the negative outlook for Wynn Resorts' stock.
This aggregate rating is based on analysts' research of Wynn Resorts and is not a guaranteed prediction by Public.com or investment advice.
Wynn Resorts (WYNN) Analyst Forecast & Price Prediction
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