
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts is experiencing strong momentum, evidenced by a 14.5% growth in total casino revenues and healthy demand as the company moves towards the fourth quarter of 2023 and beyond. The resurgence of the Macau gaming market has contributed significantly to a favorable outlook, with expectations for even greater profitability as the company's asset mix shifts to more margin-friendly segments. Additionally, the upcoming integrated resort in the United Arab Emirates, slated to open in 2027, alongside ongoing development of nongaming attractions in Macau, presents multiple catalysts for further financial appreciation in the next six to twelve months.
Bears say
Wynn Resorts's stock faces a negative outlook primarily due to underwhelming valuations that reflect a pessimistic view of the recovery potential in Macau, as investor sentiment towards Macau-centric stocks remains weak amid broader macroeconomic uncertainties in China. The company's profitability metrics, including return on equity (ROE) and return on assets (ROA), indicate inefficiencies in converting investments into earnings, further contributing to a negative assessment. Additionally, risks such as high-end gaming exposure, political instability in Macau, rising construction costs, and potential declines in discretionary spending loom over the company's financial prospects.
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
Start investing in Wynn Resorts (WYNN)
Order type
Buy in
Order amount
Est. shares
0 shares