
Wynn Resorts (WYNN) Stock Forecast & Price Target
Wynn Resorts (WYNN) Analyst Ratings
Bulls say
Wynn Resorts is expected to see growth in the coming years from the opening of new properties in the UAE and potential development in Boston, as well as potential improvements in group/convention business and luxury market demand. Despite challenges in profitability and operating expenses, the company has a strong cash position and is poised to exceed financial expectations. Investors should keep a close eye on Wynn's expansion in the UAE and the overall growth of the luxury market for potential opportunities.
Bears say
Wynn Resorts is facing headwinds due to low VIP hold and soft mass hold in Macau, with a notable 3% EBITDA miss and negative impacts on operating cash flows. While the company's luxury offering in Las Vegas and Al Marjan Island (UAE) launch may provide some short-term benefits, it also faces stiff competition in this space and its current discounted valuation may not accurately reflect long-term growth expectations for the Macau market. Additionally, despite a solid capital allocation strategy, there are concerns about the company's liquidity and ability to sustain any future business interruptions.
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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