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Wynn Resorts (WYNN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

WYNN Stock Forecast

Wynn Resorts stock forecast is as follows: an average price target of $121.57 (represents a 37.17% upside from WYNN’s last price of $88.63) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

WYNN Price Target

The average price target for Wynn Resorts (WYNN) is $121.57 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $131.00 to $104.00. This represents a potential 37.17% upside from WYNN's last price of $88.63.

WYNN Analyst Ratings

Buy

According to 14 Wall Street analysts, Wynn Resorts's rating consensus is 'Buy'. The analyst rating breakdown for WYNN stock is 0 'Strong Buy' (0.00%), 12 'Buy' (85.71%), 2 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Wynn Resorts Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 06, 2024Ben ChaikenMizuho Securities$118.00$86.1137.04%33.14%
Nov 05, 2024Steven WieczynskiStifel Nicolaus$125.00$86.7244.14%41.04%
Oct 17, 2024Brandt MontourBarclays$125.00$100.2424.70%41.04%
Oct 11, 2024Joseph StauffSusquehanna$122.00$103.7017.65%37.65%
Oct 11, 2024Ben ChaikenMizuho Securities$125.00$106.2617.64%41.04%
Sep 26, 2024Stephen GramblingMorgan Stanley$104.00$91.0314.25%17.34%
Sep 13, 2024Steven WieczynskiStifel Nicolaus$103.00$76.2635.06%16.21%
Aug 07, 2024Joseph StauffSusquehanna$93.00$74.8524.25%4.93%
Jul 22, 2024Ben ChaikenMizuho Securities$124.00$83.4348.63%39.91%
Jul 12, 2024Stephen GramblingMorgan Stanley$107.00$84.6126.46%20.73%
Jul 11, 2024Carlo SantarelliDeutsche Bank$131.00$83.9156.12%47.81%
Jul 09, 2024Chad BeynonMacquarie$126.00$85.6747.08%42.16%
May 30, 2024Vitaly UmanskySeaport Global$116.00$92.5425.35%30.88%
May 23, 2024John StaszakArgus Research$110.00$95.4815.21%24.11%
May 09, 2024Brandt MontourBarclays$128.00$95.7533.68%44.42%
Apr 10, 2024Brandt MontourBarclays$123.00$106.4915.50%38.78%
Apr 04, 2024Ben ChaikenMizuho Securities$131.00$106.4223.10%47.81%
Jan 17, 2024Chad BeynonMacquarie$122.00$91.1633.83%37.65%
Nov 09, 2023Stephen GramblingMorgan Stanley$109.00$93.0717.12%22.98%
Nov 09, 2023Meredith JensenHSBC$111.00$93.0719.27%25.24%
Apr 13, 2023Daniel PolitzerWells Fargo$134.00$110.2521.54%51.19%
Feb 01, 2023Morgan Stanley$95.00$102.40-7.23%7.19%
Jan 03, 2023Daniel PolitzerWells Fargo$101.00$84.6319.34%13.96%
Dec 15, 2022Barclays$97.00$85.3813.61%9.44%
Nov 28, 2022J.P. Morgan$91.00$78.3816.10%2.67%
Nov 02, 2022George ChoiCitigroup$58.50$67.86-13.79%-34.00%
Nov 02, 2022Daniel PolitzerWells Fargo$53.00$67.86-21.90%-40.20%
Apr 25, 2022Morgan Stanley$90.00$71.0726.64%1.55%
Feb 16, 2022Carlo SantarelliDeutsche Bank$121.00$94.2328.41%36.52%
Jan 26, 2022Chad BeynonMacquarie$96.00$86.1311.46%8.32%
Jan 21, 2022David KatzJefferies$105.00$85.6522.59%18.47%

The latest Wynn Resorts stock forecast, released on Nov 06, 2024 by Ben Chaiken from Mizuho Securities, set a price target of $118.00, which represents a 37.04% increase from the stock price at the time of the forecast ($86.11), and a 33.14% increase from WYNN last price ($88.63).

Wynn Resorts Price Target by Period

1M3M12M
# Anlaysts-618
Avg Price Target-$119.83$118.50
Last Closing Price$88.63$88.63$88.63
Upside/Downside-100.00%35.20%33.70%

In the current month, the average price target of Wynn Resorts stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wynn Resorts's last price of $88.63. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024Wells FargoOverweightOverweightHold
Oct 17, 2024BarclaysOverweightOverweightHold
Oct 11, 2024SusquehannaPositivePositiveHold
Oct 11, 2024Morgan StanleyOverweightOverweightHold
Sep 26, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Aug 07, 2024SusquehannaPositivePositiveHold
Jul 12, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 11, 2024Deutsche BankBuyBuyHold
Jul 09, 2024MacquarieOutperformOutperformHold
May 30, 2024Seaport GlobalNeutralBuyUpgrade
May 08, 2024MacquarieOutperformOutperformHold
Apr 19, 2024BarclaysOverweightOverweightHold
Apr 15, 2024Seaport GlobalNeutralInitialise
Apr 04, 2024Mizuho SecuritiesBuyInitialise
Jan 17, 2024MacquarieOutperformUpgrade
Nov 10, 2023CFRABuyUpgrade
Nov 09, 2023BarclaysOverweightOverweightHold
Nov 09, 2023HSBCBuyInitialise
Nov 09, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Nov 09, 2023Deutsche BankBuyBuyHold
May 17, 2023BarclaysEqual-WeightOverweightUpgrade
May 10, 2023BarclaysEqual-WeightEqual-WeightHold
Apr 13, 2023Wells FargoOverweightOverweightHold
Feb 01, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jan 03, 2023Wells FargoOverweightUpgrade
Dec 15, 2022BarclaysEqual-WeightEqual-WeightHold
Nov 02, 2022BarclaysEqual-WeightEqual-WeightHold
Nov 02, 2022CitigroupBuyNeutralUpgrade
Sep 26, 2022CitigroupBuyBuyHold
Sep 26, 2022JefferiesBuyUpgrade
Sep 15, 2022Credit SuisseOutperformUpgrade
Jul 12, 2022CitigroupBuyBuyHold
Jul 11, 2022Cowen & Co.Market PerformDowngrade
Jul 11, 2022NeedhamUnderperformDowngrade
Feb 16, 2022Deutsche BankBuyBuyHold

Wynn Resorts's last stock rating was published by Wells Fargo on Oct 17, 2024. The company gave WYNN a "Overweight" rating, the same as its previous rate.

Wynn Resorts Financial Forecast

Wynn Resorts Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.67B$1.60B$1.42B$1.00B$889.72M$908.83M$953.33M$1.04B$994.64M$990.11M$725.78M$686.00M$370.45M$85.70M$953.72M$1.65B$1.65B
Avg Forecast$1.89B$1.83B$1.84B$1.84B$1.86B$1.77B$1.79B$1.81B$1.79B$1.73B$1.74B$1.80B$1.74B$1.58B$1.54B$1.40B$954.52M$871.21M$980.85M$986.35M$994.08M$978.32M$915.68M$758.02M$678.39M$434.49M$215.47M$1.02B$1.71B$1.67B
High Forecast$1.93B$1.87B$1.88B$1.88B$1.90B$1.80B$1.83B$1.82B$1.82B$1.75B$1.74B$1.80B$1.80B$1.64B$1.57B$1.43B$973.64M$871.21M$980.85M$986.35M$994.08M$978.32M$915.68M$758.02M$678.39M$434.49M$215.47M$1.02B$1.71B$1.67B
Low Forecast$1.88B$1.82B$1.83B$1.83B$1.84B$1.75B$1.78B$1.80B$1.76B$1.71B$1.74B$1.80B$1.67B$1.55B$1.52B$1.39B$946.30M$871.21M$980.85M$986.35M$994.08M$978.32M$915.68M$758.02M$678.39M$434.49M$215.47M$1.02B$1.71B$1.67B
# Analysts1111111394336109988889999999988
Surprise %-------------1.06%1.04%1.02%1.05%1.02%0.93%0.97%1.05%1.02%1.08%0.96%1.01%0.85%0.40%0.94%0.97%0.99%

Wynn Resorts's average Quarter revenue forecast for Dec 23 based on 6 analysts is $1.74B, with a low forecast of $1.67B, and a high forecast of $1.80B. WYNN's average Quarter revenue forecast represents a 3.98% increase compared to the company's last Quarter revenue of $1.67B (Sep 23).

Wynn Resorts EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111394336109988889999999988
EBITDA-------------$-139.89M$80.60M$338.13M$140.31M$125.54M$103.53M$121.56M$143.32M$162.34M$203.06M$57.49M$64.36M$-22.15M$-244.14M$-18.66M$372.58M$303.88M
Avg Forecast$196.53M$190.32M$191.23M$191.34M$193.14M$183.73M$186.42M$187.74M$185.42M$179.45M$181.14M$59.90M$180.58M$164.52M$159.74M$54.45M$141.13M$80.82M$91.00M$49.50M$92.22M$90.76M$84.95M$45.00M$62.94M$40.31M$19.99M$-37.19M$158.34M$155.19M
High Forecast$200.46M$194.13M$195.06M$195.17M$197.00M$187.41M$190.15M$188.80M$189.56M$181.26M$181.19M$71.88M$186.92M$170.63M$162.94M$65.34M$169.35M$80.82M$91.00M$59.40M$92.22M$90.76M$84.95M$54.00M$62.94M$40.31M$19.99M$-29.76M$158.34M$155.19M
Low Forecast$194.83M$188.68M$189.58M$189.69M$191.47M$182.15M$184.81M$186.68M$182.31M$177.65M$181.09M$47.92M$173.19M$160.50M$158.36M$43.56M$112.90M$80.82M$91.00M$39.60M$92.22M$90.76M$84.95M$36.00M$62.94M$40.31M$19.99M$-44.63M$158.34M$155.19M
Surprise %--------------0.85%0.50%6.21%0.99%1.55%1.14%2.46%1.55%1.79%2.39%1.28%1.02%-0.55%-12.21%0.50%2.35%1.96%

10 analysts predict WYNN's average Quarter EBITDA for Sep 23 to be $164.52M, with a high of $170.63M and a low of $160.50M. This is 104.12% upper than Wynn Resorts's previous annual EBITDA (Jun 23) of $80.60M.

Wynn Resorts Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111394336109988889999999988
Net Income-------------$-126.04M$105.18M$1.15M$-33.55M$-207.79M$-213.42M$-254.61M$-256.43M$-166.25M$-131.37M$-280.98M$-269.50M$-758.14M$-637.56M$-402.04M$-72.94M$-3.50M
Avg Forecast$195.67M$149.71M$183.38M$195.63M$158.86M$114.35M$146.39M$148.91M$146.73M$113.85M$124.97M$-292.76M$126.49M$80.99M$70.21M$-266.15M$-174.47M$-127.15M$-123.74M$-241.95M$-136.98M$-145.91M$-172.85M$-219.96M$-267.07M$-384.16M$-549.33M$-801.20M$102.19M$94.79M
High Forecast$200.76M$153.61M$188.16M$200.72M$162.99M$117.33M$150.20M$192.86M$186.15M$117.22M$124.98M$-234.21M$170.54M$131.74M$72.04M$-212.92M$-139.58M$-127.15M$-123.74M$-193.56M$-136.98M$-145.91M$-172.85M$-175.97M$-267.07M$-384.16M$-549.33M$-640.96M$102.19M$94.79M
Low Forecast$193.48M$148.04M$181.33M$193.44M$157.08M$113.07M$144.75M$114.74M$107.31M$110.48M$124.97M$-351.32M$100.52M$21.60M$69.43M$-319.38M$-209.37M$-127.15M$-123.74M$-290.34M$-136.98M$-145.91M$-172.85M$-263.95M$-267.07M$-384.16M$-549.33M$-961.44M$102.19M$94.79M
Surprise %--------------1.56%1.50%-0.00%0.19%1.63%1.72%1.05%1.87%1.14%0.76%1.28%1.01%1.97%1.16%0.50%-0.71%-0.04%

Wynn Resorts's average Quarter net income forecast for Sep 23 is $80.99M, with a range of $21.60M to $131.74M. WYNN's average Quarter net income forecast represents a -23.00% decrease compared to the company's last Quarter net income of $105.18M (Jun 23).

Wynn Resorts SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111394336109988889999999988
SG&A-------------$268.44M$257.32M$259.77M$232.02M$201.28M$200.38M$196.78M$221.92M$197.35M$197.54M$179.77M$173.54M$160.90M$152.08M$234.33M$230.68M$246.44M
Avg Forecast$406.91M$394.05M$395.94M$396.16M$399.88M$380.41M$385.98M$388.72M$383.91M$371.56M$375.05M$187.31M$373.90M$340.64M$330.74M$170.29M$218.52M$187.26M$210.83M$154.81M$213.67M$210.28M$196.82M$140.73M$145.82M$93.39M$46.31M$869.36M$366.87M$359.56M
High Forecast$415.06M$401.94M$403.87M$404.09M$407.89M$388.03M$393.71M$390.91M$392.49M$375.30M$375.16M$224.78M$387.01M$353.29M$337.36M$204.34M$262.23M$187.26M$210.83M$185.77M$213.67M$210.28M$196.82M$168.88M$145.82M$93.39M$46.31M$1.04B$366.87M$359.56M
Low Forecast$403.40M$390.65M$392.53M$392.75M$396.44M$377.13M$382.66M$386.52M$377.47M$367.82M$374.94M$149.85M$358.59M$332.31M$327.89M$136.23M$174.82M$187.26M$210.83M$123.84M$213.67M$210.28M$196.82M$112.59M$145.82M$93.39M$46.31M$695.49M$366.87M$359.56M
Surprise %-------------0.79%0.78%1.53%1.06%1.07%0.95%1.27%1.04%0.94%1.00%1.28%1.19%1.72%3.28%0.27%0.63%0.69%

Wynn Resorts's average Quarter SG&A projection for Dec 23 is $373.90M, based on 6 Wall Street analysts, with a range of $358.59M to $387.01M. The forecast indicates a 39.28% rise compared to WYNN last annual SG&A of $268.44M (Sep 23).

Wynn Resorts EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111394336109988889999999988
EPS-------------$-1.12$0.93$0.01$-0.30$-1.84$-1.86$-2.21$-2.23$-1.45$-1.15$-2.53$-2.53$-7.10$-5.97$-3.77$-0.68$-0.03
Avg Forecast$1.78$1.36$1.67$1.78$1.45$1.04$1.33$1.36$1.34$1.04$1.14$1.29$1.15$0.74$0.64$0.04$-1.17$-1.14$-1.11$-1.17$-1.23$-1.31$-1.55$-2.02$-2.40$-3.46$-4.94$-1.20$0.92$0.85
High Forecast$1.83$1.40$1.71$1.83$1.49$1.07$1.37$1.76$1.70$1.07$1.14$1.29$1.55$1.20$0.66$0.04$-1.15$-1.14$-1.11$-1.17$-1.23$-1.31$-1.55$-2.02$-2.40$-3.46$-4.94$-1.20$0.92$0.85
Low Forecast$1.76$1.35$1.65$1.76$1.43$1.03$1.32$1.05$0.98$1.01$1.14$1.29$0.92$0.20$0.63$0.04$-1.20$-1.14$-1.11$-1.17$-1.23$-1.31$-1.55$-2.02$-2.40$-3.46$-4.94$-1.20$0.92$0.85
Surprise %--------------1.52%1.45%0.25%0.26%1.61%1.67%1.90%1.81%1.10%0.74%1.25%1.05%2.05%1.21%3.13%-0.74%-0.04%

According to 10 Wall Street analysts, Wynn Resorts's projected average Quarter EPS for Sep 23 is $0.74, with a low estimate of $0.20 and a high estimate of $1.20. This represents a -20.64% decrease compared to WYNN previous annual EPS of $0.93 (Jun 23).

Wynn Resorts Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MLCOMelco Resorts & Entertainment$6.34$9.2045.11%Buy
MGMMGM Resorts$35.37$48.8037.97%Buy
CZRCaesars Entertainment$36.13$48.6334.60%Buy
WYNNWynn Resorts$91.96$121.5732.20%Buy
RRRRed Rock Resorts$48.06$58.0020.68%Buy
PENNPENN Entertainment$19.16$21.8614.09%Buy
LVSLas Vegas Sands$53.64$55.253.00%Buy

WYNN Forecast FAQ

Is Wynn Resorts a good buy?

Yes, according to 14 Wall Street analysts, Wynn Resorts (WYNN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 85.71% of WYNN's total ratings.

What is WYNN's price target?

Wynn Resorts (WYNN) average price target is $121.57 with a range of $104 to $131, implying a 37.17% from its last price of $88.63. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Wynn Resorts stock go up soon?

According to Wall Street analysts' prediction for WYNN stock, the company can go up by 37.17% (from the last price of $88.63 to the average price target of $121.57), up by 47.81% based on the highest stock price target, and up by 17.34% based on the lowest stock price target.

Can Wynn Resorts stock reach $130?

WYNN's highest twelve months analyst stock price target of $131 supports the claim that Wynn Resorts can reach $130 in the near future.

What are Wynn Resorts's analysts' financial forecasts?

Wynn Resorts's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.23B (high $7.35B, low $7.17B), average EBITDA is $751.03M (high $763.37M, low $745.11M), average net income is $568.52M (high $623.39M, low $529.64M), average SG&A $1.55B (high $1.58B, low $1.54B), and average EPS is $5.18 (high $5.68, low $4.83). WYNN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.41B (high $7.56B, low $7.34B), average EBITDA is $769.41M (high $784.82M, low $762.78M), average net income is $724.39M (high $743.25M, low $716.28M), average SG&A $1.59B (high $1.62B, low $1.58B), and average EPS is $6.6 (high $6.77, low $6.53).

Did the WYNN's actual financial results beat the analysts' financial forecasts?

Based on Wynn Resorts's last annual report (Dec 2022), the company's revenue was $3.76B, which missed the average analysts forecast of $3.79B by -0.95%. Apple's EBITDA was $445.22M, beating the average prediction of $362.45M by 22.84%. The company's net income was $-709M, beating the average estimation of $-667M by 6.30%. Apple's SG&A was $830.45M, beating the average forecast of $771.42M by 7.65%. Lastly, the company's EPS was $-6.24, beating the average prediction of $-4.59 by 35.94%. In terms of the last quarterly report (Sep 2023), Wynn Resorts's revenue was $1.67B, beating the average analysts' forecast of $1.58B by 5.56%. The company's EBITDA was $-140M, missing the average prediction of $164.52M by -185.03%. Wynn Resorts's net income was $-126M, missing the average estimation of $80.99M by -255.63%. The company's SG&A was $268.44M, missing the average forecast of $340.64M by -21.19%. Lastly, the company's EPS was $-1.12, missing the average prediction of $0.738 by -251.74%