
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts has demonstrated a positive financial trajectory, with 3Q EBITDAR in Boston increasing by 4% year-over-year, reflecting broad-based strength across gaming and non-gaming sectors. The company is poised for substantial growth, particularly in Macau, which is expected to see over 25% market growth, alongside the strategic Wynn Al Marjan Island project in the UAE, which offers a competitive advantage due to a lack of immediate competition. Additionally, Wynn's ongoing capital allocation strategy, including significant stock repurchases of approximately $350 million, further underscores the company's commitment to enhancing shareholder value while capitalizing on its luxury positioning and strong demand in Las Vegas.
Bears say
Wynn Resorts reported a 1% year-over-year decline in 3Q Property EBITDAR to $527.7 million, falling 4% short of consensus estimates. The company is also expecting a $25 million EBITDA headwind due to the upcoming Super Bowl. Notably, the stock exhibits weak profitability metrics, with declines primarily attributed to underperformance at Wynn Palace and Las Vegas properties, raising concerns about the company's efficiency in converting investments into earnings.
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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