Wynn Resorts, Limited

(NASDAQ Global Select)

Top News rankings and signal summaries are processed using AI and may contain errors.

1
Bullish +70

Wynn Resorts, Limited Reports First Quarter 2026 Results

AI-generated analysis

Wynn Resorts, Limited (NASDAQ: WYNN) released its first quarter 2026 earnings report on May 7, 2026, showing overall business strength across its global portfolio with year-over-year revenue and income growth driven primarily by Macau and Las Vegas. Operating revenues for the quarter reached $1.86 billion,...

Bullish Signals

  • Operating revenues hit $1.86B Q1 2026, up $156.4M.
  • Net income rose from $72.7M to $120.5M.
  • Las Vegas market EBITDAR grew with gaming share gains.
  • Macau volumes increased year-over-year with healthy market share expansion.
  • Management increased Wynn Macau dividend showing strong cash flow.

Bearish Signals

  • Encore revenues fell $3.6M year-over-year.
  • Encore EBITDAR dropped $7M quarter-over-quarter.
  • Encore table win % declined to 20.2%.
  • Wynn Macau mass market win % slid 15.1%.
  • Wynn VIP win % fell below expected range.
  • Wynn Macau EBITDAR contracted by $14.6M.
2
Bullish +65

Wynn Resorts Eyes Path to Investment Grade as UAE Resort Opening Nears

Company update AI-generated analysis

Wynn Resorts is positioned to move closer to investment-grade credit status following the anticipated opening of its new resort in the United Arab Emirates. A recent report by CBRE Credit Research analysts suggests that the launch of Wynn Al Marjan Island could significantly reduce the...

Bullish Signals

  • UAE opening in 2027 reduces leverage to 5x for credit upgrades.
  • Non-recourse debt structure boosts EBITDA while excluding consolidated leverage.
  • Expansion drives robust free cash flow with lower development capex.
  • Middle East entry diversifies geographic footprint and revenue streams.

Bearish Signals

  • Below-investment-grade ratings increase debt interest costs.
  • Stock pressured by Middle East geopolitical tensions.
3
Somewhat Bearish -25

Wynn’s RAK casino opening faces delay as Iran conflict hits Gulf logistics

AI-generated analysis

Wynn Resorts has confirmed a modest delay to the opening of its Ras Al Khaimah casino resort, a $5 billion development in the United Arab Emirates, citing security concerns stemming from the conflict between Israel, Iran, and the United States. During the company's first-quarter earnings...

Bullish Signals

  • Financial projections for $5B Ras Al Khaimah development remain unchanged.

Bearish Signals

  • Ras Al Khaimah resort opening delayed due to US-Israel-Iran conflict.
  • Construction paused after drone debris fell 15km from site.
  • Materials delivery faces delays from regional conflict impacting Gulf logistics.
  • No specific new opening date provided for the UAE project.
  • Delays risk missing summer tourism season in high heat.
4
Neutral +7

Police search for man accused of threatening Palm Beach billionaire Steve Wynn

AI-generated analysis

A Las Vegas resident named Michael A. Loizias, 43, was arrested for an extortion scheme targeting Steve Wynn, the billionaire founder of Wynn Resorts. According to Palm Beach County court records and police reports, the harassment began in October 2023 when Loizias started sending threatening...

Bullish Signals

  • successful arrest.
  • scheme thwarted.

Bearish Signals

  • CEO Steve Wynn and the company face significant reputational damage from a high-profile extortion scheme targeting its founder, requiring extensive resources for investigation and legal defense.
  • The suspect sent 79 threatening emails to Wynn between October 2023 and early 2026, creating ongoing security concerns for corporate communications and executive safety.
  • Extortion demands included $1 million payments linked to alleged unpaid taxes on stock sales, potentially exposing Wynn Resorts to regulatory scrutiny or financial liability if the claims are investigated further.
  • The suspect was released from jail on Feb. 18 after posting a $40,000 bond but failed to appear for scheduled court dates in March and April, indicating potential flight risk and complicating the legal resolution timeline.
  • Wynn received physical threatening packages in early 2026 containing personal information like bank statements and driver's licenses, raising concerns about insider threats or compromised security protocols.
  • Undercover police operations required law enforcement involvement to track down the suspect, suggesting internal corporate controls may not have adequately protected Wynn from external actors attempting to exploit financial vulnerabilities.
5
Somewhat Bearish -25

Deutsche Bank cuts target to USD 119 for Wynn Resorts stock

Analyst downgrade AI-generated analysis

Deutsche Bank lowered its price target for Wynn Resorts to USD 119.00 from USD 139.00 on October 16, 2026, marking a reduction of USD 20.00 ahead of the company's upcoming third-quarter earnings report scheduled for November 5, 2026. This analyst downgrade follows similar moves by...

Bullish Signals

  • Revenue grew 6.90% YoY to USD 1.86B.
  • EPS of USD 1.24 beat estimates.

Bearish Signals

  • Deutsche Bank cut target to $119.00 on Oct 16, 2026.
  • Goldman Sachs lowered target to $102.00 on Oct 13, 2026.
6
Bullish +65

Jefferies upgrades Wynn Resorts, says casino giant can rally more than 30%

AI-generated analysis

Jefferies analyst David Katz upgraded Wynn Resorts stock from hold to buy, raising the price target to $118 from $105, which implies a potential 33% upside. The upgrade is driven by the company's stable core business and a robust development pipeline, particularly the upcoming Al...

Bullish Signals

  • Jefferies upgraded to buy with $118 target, implying 33% upside.
  • Al Marjan Island project progressing on schedule with secured license.
  • EBITDAR grew 23% YoY driven by strong Macao VIP exposure.
  • Net revenue beat expectations in both Macao and Las Vegas.
  • Analysts expect 2025 Macao stability to boost premium segment.
7
Bullish +65

Public Employees Retirement System of Ohio Acquires Shares of 22,246 Wynn Resorts, Limited $WYNN - MarketBeat

AI-generated analysis

Public Employees Retirement System of Ohio increased its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by purchasing 22,246 shares valued at approximately $2.16 million during the second quarter. This acquisition adds to a broader trend where institutional investors collectively own 88.64% of the company's outstanding stock,...

Bullish Signals

  • PERS of Ohio bought 22,246 shares worth $2.16 million.
  • EPS hit $1.24, beating estimates by $0.25.
  • Revenue grew 6.9% YoY to $1.86 billion.
  • Declared quarterly dividend of $0.25/share for 1.1% yield.
  • Analysts rate 'Moderate Buy' with $133.82 price target.

Bearish Signals

  • BofA cut price target from $150 to $140.
  • Wells Fargo lowered target from $141 to $131.
  • Stock trades near 52-week low at $91.54.
8
Bullish +60

Wynn Resorts stock gains on strong Q2 numbers - AD HOC NEWS

AI-generated analysis

Wynn Resorts reported a strong second quarter in 2026, beating analyst expectations for both earnings per share and revenue. The company posted EPS of USD 1.24 against a consensus of USD 0.99, while revenue increased by 6.9 percent year over year to reach USD 1.86...

Bullish Signals

  • EPS beat at USD 1.24 vs USD 0.99 consensus.
  • Revenue rose 6.9% YoY to USD 1.86 billion.
  • Analysts see 46% upside with USD 133.82 target.

Bearish Signals

  • Return on equity was negative at -46.52 percent.
  • Stock trades at USD 91.54 below analyst target of USD 133.82.
9
Slightly Bullish +20

Wynn Resorts (WYNN) Doubles Its Profit But Cracks Are Showing

AI-generated analysis

Wynn Resorts (NASDAQ: WYNN) reported second quarter 2026 results showing net income more than doubling to $140.1 million from $66.2 million a year earlier, driven primarily by its Macau operations. Revenue climbed to $1.86 billion, with diluted earnings per share jumping to $1.32 from $0.64....

Bullish Signals

  • Net income more than doubled to $140.1 million from $66.2 million a year earlier in the second quarter of 2026.
  • Revenue climbed to $1.86 billion, demonstrating top-line growth despite mixed operational performance.
  • Wynn Palace Adjusted Property EBITDAR climbed to $201.5 million from $157.2 million a year earlier.
  • Mass market table games win percentage at Wynn Palace reached 29.7%, well above the prior year's 22.3%.
  • Las Vegas table games win percentage reached 23.9%, inside the property's expected range and up from 21.8% a year earlier.
  • The board declared a quarterly dividend of $0.25 per share, payable August 28 to shareholders of record as of August 14.
  • The company bought back 741,098 shares during the quarter at an average price of $101.20, spending $75.0 million.
  • Wynn Palace revenue jumped $113.8 million to $653.4 million, carrying the overall earnings jump.

Bearish Signals

  • Las Vegas Operations Adjusted Property EBITDAR dropped $19.6 million to $215.2 million despite a revenue increase.
  • Encore Boston Harbor saw both revenue down $6.4 million and EBITDAR down $7.8 million in the quarter.
  • Wynn Macau Adjusted Property EBITDAR slipped to $95.5 million from $96.5 million despite a revenue rise.
  • VIP table games win percentage at Wynn Macau fell to 2.58%, well short of the prior year's 3.41% and the property's target range.
  • Wynn Palace VIP win percentage of 2.97% missed its target range even with strong mass market performance.
  • Total debt stood at $10.72 billion as of June 30, creating a heavy balance sheet burden.
  • The company is funding Wynn Al Marjan Island with another $48.1 million in the quarter toward a project not opening until September 2027.
  • Hedge fund ownership dipped from 44 funds to 43, indicating a modest pullback in institutional support.
  • Short interest sits at 9.64% of the float, pointing to a real bear camp rather than routine hedging.
  • The stock trades at a forward P/E ratio of 15.46, suggesting the market isn't pricing in much of the recent profit growth.
10
Neutral 0

Wynn delay tests RAK casino wager

AI-generated analysis

Wynn Resorts CEO Craig Billings announced a limited delay to the opening timetable for its $5.1 billion Wynn Al Marjan Island development in Ras Al Khaimah, citing logistical and shipping disruptions linked to ongoing US-Iran geopolitical tensions. Speaking during the company's first-quarter earnings call on...

Bullish Signals

  • Wynn Resorts reported strong financial performance in the first quarter with operating revenue of $1.86 billion, a 9% increase year-over-year from $1.70 billion.
  • Net income attributable to Wynn Resorts rose to $120.5 million, more than doubling from $72.7 million in the prior year period.
  • Adjusted property EBITDAR increased to $562.4 million from $532.9 million, demonstrating improved operating efficiency and leverage.
  • Construction on the $5.1 billion Wynn Al Marjan Island project continues with more than 22,000 workers currently deployed despite regional logistical challenges.
  • Wynn has already contributed $1.01 billion in cash to the joint venture for the UAE project, with remaining equity commitment of between $350 million and $450 million highlighting scale of financial backing.
  • The Ras Al Khaimah project is becoming a magnet for other developers, with luxury residential projects and hospitality schemes being marketed around the expected resort opening.
  • Regulatory approval marks a significant milestone as Wynn becomes the first licensee under the General Commercial Gaming Regulatory Authority's new land-based gaming framework.
  • Chief Executive Craig Billings characterized the opening delay as 'modest' and noted that construction has resumed, reinforcing management confidence in keeping the project on track.
  • The resort offers Wynn a new growth platform outside of its established markets in Las Vegas, Macau, and Boston, diversifying its long-term expansion strategy.

Bearish Signals

  • $5.1B Wynn Al Marjan Island development delayed until regional stability assessed.
  • Opening timetable moved from early 2027, no new date set yet.
  • Project exposed to geopolitical tensions, shipping disruptions, supply chain issues.
  • $1.01B cash contributed plus $350-450M equity remains due despite risks.
  • Gulf mega-projects vulnerable to regional tension impacting materials and workforce logistics.
  • Ras Al Khaimah real estate inflows may suffer if project opening slips further.
  • Construction forced into pauses due to instability, alternative sourcing required.
11
Somewhat Bearish -45

Middle East Strikes Raise Concerns for UAE Resorts - World Casino News

AI-generated analysis

Wynn Resorts and MGM Resorts International are reassessing security conditions in the United Arab Emirates following Iranian drone and missile strikes that hit Dubai and Abu Dhabi. While neither company reported physical damage to their developments, both confirmed they are maintaining contact with employees who...

Bullish Signals

  • Construction continues on both major projects despite regional tensions.
  • Wynn secured $3.4B of its $5.1B budget for Ras Al Khaimah.
  • MGM's UAE project starts as non-gaming, reducing immediate regulatory risks.
  • Dedicated UAE gaming authority signals strong government commitment to growth.
  • Legalized UAE market could generate up to $8.6B annually.

Bearish Signals

  • Dubai airport operations damaged by Iranian drone strikes.
  • US State Department urges Americans to leave UAE.
  • Wynn shares dropped $4.75; MGM fell $1.14.
  • Terrorism threats could disrupt travel and cash flows.
12
Slightly Bullish +25

Citigroup cuts target for Wynn Resorts stock from USD 135 to USD 103

Analyst downgrade AI-generated analysis

Wynn Resorts Ltd reported strong second-quarter 2026 financial results, with revenue reaching USD 1.86 billion, representing a 6.9% increase year-over-year. The company delivered diluted earnings per share of USD 1.32, which significantly exceeded the analyst consensus estimate of USD 0.99 by USD 0.25. These figures...

Bullish Signals

  • Q2 2026 revenue hit USD 1.86B, up 6.9% YoY.
  • EPS reached USD 1.32, beating estimates by USD 0.25.

Bearish Signals

  • Citigroup cut price target from $135 to $103 (-23.7%).
  • Stock trades below 52-week low of $73.07.
13
Bullish +65

Wynn Resorts stock holds steady as investors weigh recent earnings and Macau recovery

AI-generated analysis

Wynn Resorts stock remains steady in early September 2026 as investors evaluate the company's earnings performance and its dual exposure to recovering markets in Las Vegas and Macau. The company operates luxury casino resorts globally, with its financial story centered on a balance between stable...

Bullish Signals

  • Revenue hit billions with hundreds of millions operating profit in Q4 2026.
14
Somewhat Bullish +35

Wynn Resorts (WYNN) Stock Could Be 24% Undervalued After Al Marjan Expansion News - simplywall.st

AI-generated analysis

Wynn Resorts (WYNN) has received positive attention following two key announcements: a planned integrated resort at Wynn Al Marjan Island in Ras Al Khaimah and a multi-year culinary partnership with Wynn Revelry at its Las Vegas property. The new resort project is viewed as a...

Bullish Signals

  • First-mover advantage in multi-billion dollar market with limited competition.
  • Strategic culinary partnership enhances guest experience and drives revenue.
  • Trading 24% below fair value of US$135.89 based on earnings.
  • Al Marjan Island launch acts as major forward catalyst for growth.

Bearish Signals

  • Reliance on Macau exposes Wynn to regional economic or regulatory volatility.
  • Al Marjan Island resort projects carry execution risks and cost burdens.
  • DCF model suggests stock is expensive relative to US$5.68 cash flows.
15
Bullish +65

2026 Macao International Parade continues to present the “Where culture flourishes, happiness happens” outreach activities leveraging the resources of the integrated resorts to create a festive atmosphere - 澳門特別行政區政府入口網站

AI-generated analysis

Wynn Resorts Macau is participating in the upcoming 2026 Macao International Parade, scheduled for March 29. As part of this major event, the company is organizing specific outreach activities titled 'Wynn's Enchanting Lake View Night' to be held on March 26 at the Performance Lake...

Bullish Signals

  • Engaging community via high-profile cultural events like Wynn's Enchanting Lake View Night.
  • Leveraging integrated resort resources to drive foot traffic and festive atmosphere.
  • Participating in 2026 Macao International Parade aligns with government initiatives.
  • VIVA Carnival debut adds vibrancy, potentially increasing visitor dwell time.
  • Cross-cultural events attract diverse audiences and enhance cultural hub image.
16
Somewhat Bullish +45

Wynn Resorts Ltd (WYNN)

AI-generated analysis

Wynn Resorts Ltd operates a concentrated portfolio of luxury integrated resorts primarily in Las Vegas and Macau, with additional presence in Boston. The company's revenue model relies on high-margin casino gaming, hotel rooms, food and beverage, retail, and entertainment operations within its flagship properties like...

Bullish Signals

  • Analyst sentiment remains strongly positive with 84% of analysts rating the company as a Buy.
  • Technical indicators are supportive in the near term, with the stock price trading above the 50-day moving average and bullish RSI signals.

Bearish Signals

  • Insider selling has weighed on the outlook, with net sales of approximately $79.5M recorded over the last 90 days.
  • The stock's 200-day moving average still points lower, indicating potential medium-term resistance or bearish trend pressure.
17
Slightly Bullish +25

Opening of Ras Al Khaimah's landmark Wynn gaming resort delayed by Iran war

AI-generated analysis

Wynn Resorts is delaying the opening of its $5.1 billion Wynn Al Marjan Island resort in Ras Al Khaimah, United Arab Emirates, due to logistical and shipping challenges stemming from the Iran war. Originally scheduled to open to the public in Spring 2027, Craig Billings,...

Bullish Signals

  • Construction continues with 22,000 workers despite logistical challenges.
  • Team rerouted shipments and sourced materials to maintain progress.
  • Secured UAE's first gaming licence in 2024.
  • $5.1B resort expected to boost tourism and create jobs.
  • 70-storey hotel will be eighth-tallest globally upon completion.

Bearish Signals

  • Ras Al Khaimah resort delayed from Spring 2027 due to war logistics.
  • New timeline uncertain until coming months per CEO Billings.
  • Supply chains disrupted by Strait of Hormuz closure and attacks.
  • UAE tourism drop impacts Ras Al Khaimah hospitality sector.
  • $5.1B resort launch at risk from escalating geopolitical instability.
18
Bullish +75

Wynn Resorts Q1 Earnings Call Highlights

AI-generated analysis

Wynn Resorts reported a robust first-quarter performance driven by solid results in Las Vegas, Macau, and Boston, with momentum expected to carry into the second quarter. In Las Vegas, hold-adjusted EBITDA grew 5% year-over-year to $235 million, supported by the recent debuts of Zero Bond...

Bullish Signals

  • Las Vegas EBITDA up 5% to $235 million.
  • Macau mass drop increased 19% and handle rose 32%.
  • Wynn holds $4.4 billion cash and pays $0.25 quarterly dividend.
  • Wynn Palace full; Enclave expansion adds 25% rooms and 50% suites.
  • Encore Boston Harbor generated $51 million EBITDA despite weather.

Bearish Signals

  • The UAE Wynn resort faces delays due to geopolitics and supply issues.
  • Lower Macau VIP hold reduced EBITDA by $17 million.
  • Encore Tower remodel removes 6 floors for 12 months.
  • New outlets drive operating expenses up 6.8% year over year.
  • Macau expenses rose 9.9% amid new openings and living cost hikes.
  • $900-950M Enclave expansion increases capex without immediate gaming revenue.
  • Encore Boston Harbor operating costs rose 3.9% due to union payroll.
19
Neutral 0

Wynn Resorts’s (NASDAQ:WYNN) Q1 CY2026 Sales Top Estimates

AI-generated analysis

Wynn Resorts (NASDAQ:WYNN) reported Q1 CY2026 results that exceeded revenue expectations, with sales reaching $1.86 billion, a 9.2% year-over-year increase against analyst estimates of $1.82 billion. The company's non-GAAP adjusted earnings per share came in at $1.25, beating the consensus estimate of $1.18 by 5.5%....

Bullish Signals

  • Q1 revenue hit $1.86B, beating estimates and growing 9.2% YoY.
  • Non-GAAP EPS of $1.25 beat consensus by 5.5%.
  • Full-year EPS expected to grow 9% with $4.37 projection.
  • Company flipped from negative to positive EPS over five years.
  • Operating margins stable at 15.2%, ensuring consistent profitability.

Bearish Signals

  • EBITDA of $468.9M missed $565.6M Wall Street estimates by 17.1%.
  • Revenue growth decelerated to just 2.3% annually over the last two years.
  • Hotel revenues dropped 4.8%, while Dining and Entertainment fell 2%.
  • Operating margins remain static at 15.2% without expected scale improvements.
  • Analysts foresee only modest 2.3% growth, reflecting skepticism of future catalysts.
  • Stock down 2.3% to $105.15 on earnings release due to negative sentiment.
20
Slightly Bullish +25

Wynn Resorts Restarts Work At Al Marjan Island - MEP Middle East

AI-generated analysis

Wynn Resorts has announced the resumption of construction work at its premium development project on Al Marjan Island in Ras Al Khaimah, United Arab Emirates. The site had previously suspended operations in early March as a precautionary measure due to regional security tensions and the...

Bullish Signals

  • Construction resumed at Al Marjan Island despite regional tensions.
  • Strong communication channels with US and UAE governments.
  • Wynn confident in UAE defense posture and population safety.
  • Normal business patterns suggest stable operating environment for project.
  • Dedicated team overseeing construction, architecture, and design efforts.

Bearish Signals

  • Work suspended March due to regional security tensions.
  • Middle East conflict creates uncertain geopolitical backdrop.
  • Employees may work abroad affecting on-site dynamics.