Las Vegas Sands (LVS) AI Stock Analysis

• Market Cap: $39.54B
• Dividend Yield: 1.88%
• Average Volume (3M): 5.95M
• Price to Earnings (P/E): 26.0
• Beta (1Y): 0.81
• Revenue Growth: 8.37%
• EPS Growth: 10.20%
• Country: US
• Employees: 39,900
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.78
• Shares Outstanding: 686,453,600
• 10 Day Avg. Volume: 7,116,222
• 30 Day Avg. Volume: 5,952,181
• PEG Ratio: 1.13
• Price to Book (P/B): 13.09
• Price to Sales (P/S): 3.34
• P/FCF Ratio: 23.24
• Enterprise Value/Market Cap: 1.25
• Enterprise Value/Revenue: 4.27
• Enterprise Value/Gross Profit: 12.52
• Enterprise Value/Ebitda: 11.85
• 1Y Price Target: $64.54
• Price Target Upside: 8.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11

• Rating: 69 Neutral
• Price Target: $62.00 ▲(4.31% Upside)

Las Vegas Sands demonstrates strong financial performance, particularly in Singapore, with strategic initiatives enhancing shareholder value. However, high leverage and declining cash flow pose risks, and challenges in Macau require strategic adjustments. The stock's technical indicators show a positive trend, but valuation suggests it is fairly priced.

Positive Factors

Strong Performance in Singapore

The strong EBITDA performance at Marina Bay Sands highlights the company's ability to generate substantial revenue and maintain high margins, reinforcing its competitive advantage in the Singapore market.

Strategic Initiatives

Increasing dividends and share buybacks reflect strong cash flow management and a commitment to returning value to shareholders, enhancing long-term investor confidence.

Advanced Gaming Technology

Adopting advanced gaming technology like smart tables can improve operational efficiency and increase revenue potential, strengthening the company's market position.

Negative Factors

High Leverage

Significant leverage can limit financial flexibility and increase risk, potentially impacting the company's ability to invest in growth opportunities or weather economic downturns.

Declining Cash Flow

A decline in free cash flow reduces the company's ability to fund operations, invest in new projects, or return capital to shareholders, posing a risk to long-term financial health.

Challenges in Macau

Continued underperformance in Macau requires strategic adjustments to regain competitiveness, which could strain resources and affect overall profitability.

Las Vegas Sands Business Overview & Revenue Model

Company Description

Las Vegas Sands Corp. is a leading global developer and operator of world-class integrated resorts and casinos, primarily known for its iconic properties in Las Vegas, Nevada, and in Macao, China. The company operates in the gaming and hospitality sectors, offering a range of services including gaming, hotel accommodations, dining, and entertainment. Its flagship properties, such as The Venetian and The Palazzo in Las Vegas and The Venetian Macao, are renowned for their luxurious amenities and extensive facilities designed to attract both leisure and business travelers.

How the Company Makes Money

Las Vegas Sands generates revenue primarily through its casino operations, which include gaming tables and slot machines, providing a significant portion of its earnings. In addition to gaming, the company earns substantial income from hotel room bookings, food and beverage sales, and retail shopping experiences within its resorts. The integrated resort model allows LVS to capitalize on multiple revenue streams, with conventions and large-scale events also contributing to the bottom line. Strategic partnerships with entertainment providers and other businesses enhance its offerings, driving additional foot traffic and increasing overall revenue. Economic factors, tourism trends, and regulatory environments in both Las Vegas and Macao significantly influence the company's financial performance.

Las Vegas Sands Financial Statement Overview

Summary

Las Vegas Sands shows a strong recovery in revenue and profitability, with stable net profit margins. However, high leverage and declining free cash flow pose potential risks. The company needs to focus on improving cash flow generation and managing debt levels to ensure long-term financial stability.

Income Statement

Las Vegas Sands shows a strong recovery in revenue with a TTM growth rate of 3.7%. The gross profit margin has decreased from 48.9% in 2024 to 40.1% in TTM, indicating increased costs. However, the net profit margin remains stable at 12.2%, showing effective cost management. EBIT and EBITDA margins are healthy, reflecting operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 7.95, indicating significant leverage, which poses a risk. However, the return on equity is strong at 51.3%, suggesting efficient use of equity to generate profits. The equity ratio is low, highlighting reliance on debt financing.

Cash Flow

Free cash flow has significantly declined by 53.6% in TTM, raising concerns about cash generation. The operating cash flow to net income ratio is 0.68, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is low at 0.23, suggesting limited cash available after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.62B	11.30B	10.37B	4.11B	4.23B	2.94B
Gross Profit	3.96B	4.15B	3.90B	614.00M	567.00M	-176.00M
EBITDA	4.18B	4.11B	3.92B	351.00M	188.00M	-356.00M
Net Income	1.41B	1.45B	1.22B	-1.02B	-961.00M	-1.69B
Balance Sheet
Total Assets	21.85B	20.67B	21.78B	22.04B	20.06B	20.81B
Cash, Cash Equivalents and Short-Term Investments	3.45B	3.65B	5.11B	6.31B	1.85B	2.08B
Total Debt	15.82B	13.75B	14.03B	15.98B	14.79B	14.00B
Total Liabilities	19.57B	17.51B	17.67B	18.38B	17.81B	17.27B
Stockholders Equity	1.99B	2.88B	4.12B	3.88B	2.00B	2.97B
Cash Flow
Free Cash Flow	549.00M	1.62B	1.97B	-1.57B	-824.00M	-2.54B
Operating Cash Flow	2.38B	3.20B	3.23B	-795.00M	15.00M	-1.31B
Investing Cash Flow	-1.83B	-1.58B	-1.25B	4.16B	-895.00M	-1.33B
Financing Cash Flow	-1.83B	-3.06B	-3.19B	1.12B	684.00M	560.00M

Las Vegas Sands Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LVS, the sentiment is Positive. The current price of 59.44 is above the 20-day moving average (MA) of 51.98, above the 50-day MA of 53.40, and above the 200-day MA of 45.54, indicating a bullish trend. The MACD of 0.67 indicates Negative momentum. The RSI at 68.82 is Neutral, neither overbought nor oversold. The STOCH value of 95.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LVS.

Las Vegas Sands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BYD	―	$6.32B	3.44	―	0.90%	5.91%	336.91%
LVS	―	$39.54B	25.99	62.28%	1.88%	8.37%	10.20%
MGM	―	$8.93B	18.08	17.34%	―	0.89%	-31.56%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CZR	―	$4.62B	-24.38	-4.76%	―	-0.15%	28.05%
WYNN	―	$13.06B	37.04	―	0.80%	-1.94%	-53.90%
MLCO	―	$3.25B	61.90	―	―	12.22%	―

Las Vegas Sands Corporate Events

Las Vegas Sands’ Earnings Call Highlights Growth and Challenges

Las Vegas Sands’ recent earnings call highlighted a robust financial performance, particularly in Singapore, where significant growth in EBITDA and mass gaming was noted. The company is making strategic moves such as increasing dividends and adopting advanced gaming technologies. However, challenges persist in Macau, where external factors like typhoons and competitiveness issues in smaller properties pose hurdles.

Las Vegas Sands Reports Strong Q3 2025 Earnings

Las Vegas Sands is a leading global developer and operator of integrated resorts, known for its iconic properties that drive leisure and business tourism, delivering economic benefits and community investments in its host regions.

Las Vegas Sands Appoints Patrick Dumont to Board

On August 8, 2025, Sands China Ltd., a subsidiary of Las Vegas Sands Corp., announced the appointment of Patrick Dumont to its Board of Directors. This move is expected to influence the company’s strategic direction and governance, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (LVS) stock is a Buy with a $64.50 price target. To see the full list of analyst forecasts on Las Vegas Sands stock, see the LVS Stock Forecast page.