
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts is undervalued, excluding their assets in Macao and UAE, as even conservative estimates value their LV assets at $45/share, their upcoming UAE project at $20/share, and their Macao royalties at $11/share, totaling $76/share. This estimate even excludes the value of their unused land and Boston asset. Additionally, with strong fundamentals in Vegas, including expected positive trends in 2Q, and strong growth in Macao from premium mass and continued outperformance in Vegas, coupled with an allocation strategy and strong liquidity, we maintain an Outperform rating with a TP of $150 (from $152).
Bears say
Wynn Resorts is facing multiple headwinds in the near future, including a heavy reliance on the volatile Macau gaming market, uncertainty surrounding their UAE project, and the ongoing Middle East war situation. However, the current stock price appears to be overly pessimistic and fails to reflect the potential value of the company's assets. Despite some conservative adjustments to our estimates, we believe Wynn Resorts' current trading levels are attractive and present a potential opportunity for investors.
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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