Barclays analyst Brandt Montour has upgraded the price target for Wynn Resorts (WYNN) from $101 to $127, while maintaining an Overweight rating on the stock. This adjustment is part of a broader overview of the gaming sector for the second quarter. The evaluation highlights strong performance in regional, digital, and Macau markets, which are expected to surpass forecasts, although this may be somewhat offset by weaker outcomes in Las Vegas. Despite recent gains, the stock is still not considered overbought, according to the analyst.\n\nBased on the one-year price targets offered by 16 analysts, the average target price for Wynn Resorts Ltd (WYNN) is $115.47 with a high estimate of $130.00 and a low estimate of $100.00. The average target implies an upside of 5.51% from the current price of $109.44. More detailed estimate data can be found on the Wynn Resorts Ltd (WYNN) Forecast page.\n\nBased on the consensus recommendation from 19 brokerage firms, Wynn Resorts Ltd's (WYNN) average brokerage recommendation is currently 2.1, indicating \"Outperform\" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.\n\nBased on GuruFocus estimates, the estimated GF Value for Wynn Resorts Ltd (WYNN) in one year is $119.58, suggesting a upside of 9.27% from the current price of $109.44. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wynn Resorts Ltd (WYNN) Summary page.\n\nWynn Resorts Ltd (WYNN) celebrated the 20th anniversary of its Las Vegas Resort, highlighting the dedication and passion of its employees. The company reported a 4% increase in total casino revenues in Las Vegas, even without the Super Bowl in 2025. Encore Boston Harbor generated $57 million of EBITDA, with slot volumes holding up well. In Macau, Wynn Resorts Ltd (WYNN) saw a 31% increase in VIP turnover and a 1% increase in mass drop, indicating healthy volumes. The company has a strong liquidity position with $3.2 billion in global cash and revolver availability as of March 31.\n\nWynn Resorts Ltd (WYNN) delayed $375 million of CapEx projects due to current tariff rates, including the Encore Tower remodel. The Macau market remains highly competitive, with a focus on maximizing EBITDA and generating a healthy margin profile. The company faces uncertainty regarding the impact of tariffs on demand and growth, particularly in the US. OpEx excluding gaming tax per day increased by 4.1% in Las Vegas due to wage inflation and bad debt recovery. The company is experiencing a decrease in international visitation, particularly from Canada and Mexico, which could impact future demand.

Wynn Resorts (WYNN) Price Target Increased by Barclays Analyst |

Barclays analyst Brandt Montour upgraded Wynn Resorts' (WYNN) price target to $127 from $101 while maintaining an Overweight rating. The analysis highlights strong performance in Las Vegas, Macau, and regional markets, including a 4% revenue increase in Las Vegas and 31% VIP turnover growth in Macau. The company reported $57 million EBITDA from Encore Boston Harbor and $3.2 billion in global cash. However, it delayed $375 million in CapEx projects due to tariffs and faces challenges from reduced international visitation.