
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts is well-diversified with operations in Macao, Las Vegas, Boston, and planned sites in the United Arab Emirates. The company's continued development of nongaming attractions in Macao, like the new 432-suite tower adjacent to its Palace resort, and the managed integrated resort in the UAE opening in 2027, will likely drive long-term growth and bolster its revenue streams. The company also has ample liquidity and a strong balance sheet to withstand any potential business interruptions. Additionally, Wynn's focus on high-end clientele and its ability to capture demand for VIP/premium mass customers in Macao and Las Vegas should help maintain its position as one of the top gaming operators.
Bears say
Wynn Resorts is facing concerns regarding its overall profitability and ability to efficiently convert investments into earnings, with its Valuations suggesting that the stock is currently under-priced. Additionally, the company is heavily reliant on its operations in Macao and the United States, with growth prospects in potential new markets such as the UAE not projected until 2027, and the company's recent expansion into Boston facing challenges in terms of EBITDA margins, occupancy, and daily operating expenses. These factors, combined with uncertainties surrounding the ongoing pandemic and potential future regulations on the gaming industry, contribute to a negative outlook on Wynn Resorts as an investment opportunity.
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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