Wynn Resorts (WYNN) AI Stock Analysis

• Market Cap: $12.55B
• Dividend Yield: 0.83%
• Average Volume (3M): 1.69M
• Price to Earnings (P/E): 26.6
• Beta (1Y): 0.84
• Revenue Growth: -0.26%
• EPS Growth: -44.45%
• Country: US
• Employees: 28,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.86
• Shares Outstanding: 103,974,480
• 10 Day Avg. Volume: 1,906,629
• 30 Day Avg. Volume: 1,694,949
• PEG Ratio: -0.64
• Price to Book (P/B): -42.27
• Price to Sales (P/S): 1.33
• P/FCF Ratio: 9.44
• Enterprise Value/Market Cap: 1.81
• Enterprise Value/Revenue: 3.20
• Enterprise Value/Gross Profit: 7.57
• Enterprise Value/Ebitda: 12.00
• 1Y Price Target: $140.05
• Price Target Upside: 16.00% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: $129.00 ▲(6.85% Upside)

Wynn Resorts' overall stock score is driven by strong earnings call sentiment and moderate technical indicators. However, financial performance is hindered by high leverage and profitability challenges, while valuation metrics suggest the stock may be overvalued. The company's robust liquidity and strategic developments provide a positive outlook, but financial risks need addressing.

Positive Factors

Strong Macau Performance

The robust performance in Macau, with significant EBITDAR and mass volume growth, underscores Wynn's strong market position in a key region, driving long-term revenue potential.

Positive Outlook for Wynn Al Marjan Island

The strategic expansion into the UAE with Wynn Al Marjan Island is expected to significantly contribute to future growth, enhancing Wynn's global footprint and revenue streams.

Robust Liquidity Position

Wynn's strong liquidity ensures financial flexibility to invest in growth opportunities and weather economic uncertainties, supporting long-term stability and strategic initiatives.

Negative Factors

High Leverage and Negative Equity

High leverage and negative equity indicate financial instability, posing risks to cash flow and limiting the company's ability to invest in growth or withstand economic downturns.

Profitability Challenges

Declining profit margins suggest operational inefficiencies and cost pressures, which could hinder Wynn's ability to sustain profitability and invest in future growth.

Boston Labor Cost Pressures

Rising labor costs in Boston could erode margins and profitability, necessitating strategic adjustments to manage expenses and maintain competitive positioning.

Wynn Resorts Business Overview & Revenue Model

Company Description

Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays. Its Wynn Macau segment operates 252,000 square feet of casino space with 331 table games, 818 slot machines, private gaming salons, sky casinos, and a poker room; two luxury hotel towers with 1,010 guest rooms and suites that include two health clubs, two spas, a salon, and a pool; 14 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; and Chinese zodiac-inspired ceiling attractions. Its Las Vegas Operations segment operates 194,000 square feet of casino space with 223 table games, 1,751 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with 4,748 guest rooms, suites, and villas, including swimming pools, private cabanas, two full service spas and salons, and a wedding chapel; 32 food and beverage outlets; 513,000 square feet of meeting and convention space; 155,000 square feet of retail space; and two theaters, three nightclubs and a beach club. Its Encore Boston Harbor segment operates 211,000 square feet of casino space with 184 table games, 2,766 slot machines, gaming areas, and a poker room; a luxury hotel tower with 671 guest rooms and suites, including a spa and salon; 15 food and beverage outlets and a nightclub; 10,000 square feet of retail space; 71,000 square feet of meeting and convention space; and a waterfront park, floral displays, and water shuttle service. The company was founded in 2002 and is based in Las Vegas, Nevada.

How the Company Makes Money

Wynn Resorts generates revenue primarily through its casino operations, hotel accommodations, and various entertainment and dining offerings. The company's gaming revenue comes from slot machines, table games, and poker, which attract a high volume of both casual and high-stakes players. Additionally, Wynn generates significant revenue from its hotel segment, where room bookings, resort fees, and additional guest services contribute to earnings. The company's diverse range of restaurants and bars, along with retail shops, provide supplementary income. Wynn Resorts also benefits from partnerships with various entertainment providers, enhancing its offerings and attracting visitors. Seasonality and tourism trends can significantly impact earnings, with peak seasons corresponding to major events and holidays contributing to higher occupancy rates and gaming revenues.

Wynn Resorts Financial Statement Overview

Summary

Wynn Resorts shows strong revenue growth and gross profit margins, but faces challenges in profitability and financial stability due to high leverage and negative equity. Cash flow generation is moderate, with some strengths in converting income to cash. Overall, the company shows potential for growth but must address financial risks and improve profitability.

Income Statement

Wynn Resorts has shown a positive revenue growth trend with a 7% increase in TTM, following a 9.1% growth in the previous year. The gross profit margin remains strong at 42.5% TTM, indicating efficient cost management. However, the net profit margin has decreased to 5.5% TTM from 7% in the previous year, suggesting pressure on profitability. The EBIT and EBITDA margins have also slightly declined, reflecting potential operational challenges.

Balance Sheet

The balance sheet reveals significant leverage with a negative stockholders' equity, resulting in a high debt-to-equity ratio of -27.56 TTM. This indicates financial instability and potential risk. The return on equity is negative, reflecting losses and inefficiencies in generating returns for shareholders. The equity ratio is also negative, highlighting a reliance on debt financing.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 1.6% TTM, indicating challenges in generating cash. However, the operating cash flow to net income ratio is 0.54, suggesting some ability to convert income into cash. The free cash flow to net income ratio is relatively strong at 0.80, showing decent cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.11B	7.13B	6.53B	3.76B	3.76B	2.10B
Gross Profit	3.00B	3.10B	2.82B	1.37B	1.21B	352.64M
EBITDA	1.90B	1.99B	1.72B	643.17M	310.01M	-480.30M
Net Income	504.28M	501.08M	729.99M	-423.86M	-755.79M	-2.07B
Balance Sheet
Total Assets	12.80B	12.98B	14.00B	13.42B	12.53B	13.87B
Cash, Cash Equivalents and Short-Term Investments	1.96B	2.43B	3.72B	3.65B	2.52B	3.48B
Total Debt	12.20B	12.17B	13.37B	13.73B	12.05B	13.19B
Total Liabilities	13.94B	13.95B	15.10B	15.06B	13.37B	14.61B
Stockholders Equity	-370.04M	-224.16M	-251.38M	-750.84M	-214.42M	-352.00M
Cash Flow
Free Cash Flow	564.98M	1.00B	740.70M	-423.78M	-569.28M	-1.36B
Operating Cash Flow	1.02B	1.43B	1.25B	-71.27M	-222.59M	-1.07B
Investing Cash Flow	-666.11M	-83.56M	-1.34B	1.35B	-342.42M	-265.76M
Financing Cash Flow	-1.97B	-1.79B	-719.21M	-23.68M	-388.00M	2.46B

Wynn Resorts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 120.73
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WYNN, the sentiment is Negative. The current price of 120.73 is below the 20-day moving average (MA) of 123.20, below the 50-day MA of 123.57, and above the 200-day MA of 100.85, indicating a neutral trend. The MACD of 0.49 indicates Positive momentum. The RSI at 46.58 is Neutral, neither overbought nor oversold. The STOCH value of 27.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WYNN.

Wynn Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LVS	74 Outperform	$44.21B	29.50	62.28%	1.53%	8.37%	10.20%
BYD	71 Outperform	$6.23B	3.49	87.17%	0.89%	5.91%	336.91%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
WYNN	61 Neutral	$12.55B	26.63	―	0.83%	-0.26%	-44.45%
MGM	59 Neutral	$8.88B	203.83	2.25%	―	0.05%	-94.07%
MLCO	47 Neutral	$3.54B	34.47	―	―	11.32%	―
CZR	44 Neutral	$4.04B	―	-6.06%	―	0.87%	31.28%

Wynn Resorts Corporate Events

Wynn Resorts Reports Strong Q3 2025 Earnings

Wynn Resorts Limited is a prominent player in the hospitality and entertainment industry, known for its luxury resorts and casinos located in key destinations such as Las Vegas, Macau, and Boston. The company is recognized for its opulent properties and high-end gaming experiences.

Wynn Resorts Reports Strong Q3 2025 Financial Results

Wynn Resorts reported strong financial results for the third quarter of 2025, with operating revenues reaching $1.83 billion, a significant increase from the previous year. The company achieved a net income of $88.3 million, reversing a net loss from the same period in 2024, driven by impressive growth in Macau and continued success in Las Vegas. The Board of Directors declared a cash dividend of $0.25 per share, reflecting confidence in the company’s financial health. Additionally, Wynn Resorts made notable progress on its Wynn Al Marjan Island project, contributing $93.9 million to the development, which is expected to open in 2027.

The most recent analyst rating on (WYNN) stock is a Hold with a $126.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Reports Decline in Casino Revenues

On September 4, 2025, Wynn Macau, Limited, a subsidiary of Wynn Resorts, filed its interim report for the six months ending June 30, 2025, with the Hong Kong Stock Exchange. The report highlighted a decline in casino revenues and adjusted EBITDA compared to the previous year, indicating a challenging period for the company. Despite the financial downturn, Wynn Macau continues to focus on enhancing its resorts and investing in its workforce and community initiatives. The company remains committed to sustainable development and responsible gaming, aiming to maintain its position in the competitive Macau casino market.

The most recent analyst rating on (WYNN) stock is a Buy with a $145.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Redeems $1B Senior Notes Early

On September 3, 2025, Wynn Macau, Limited, a subsidiary of Wynn Resorts, announced the full redemption of its $1 billion 5.50% Senior Notes due 2026. This move, completed in accordance with the Indenture terms, led to the withdrawal of the notes’ listing on the Hong Kong Stock Exchange, effective September 11, 2025, potentially impacting the company’s financial structure and market strategy.

The most recent analyst rating on (WYNN) stock is a Buy with a $147.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Announces Redemption of Senior Notes

On August 21, 2025, Wynn Macau, Limited announced its decision to redeem all outstanding $1 billion of 5.50% Senior Notes due 2026. This redemption, scheduled for September 2, 2025, will be executed at a price equal to 100% of the principal amount, using the company’s internal resources. The redemption will lead to the cancellation of the notes and their delisting from the stock exchange, reflecting a strategic financial move by the company.

The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts’ Subsidiary Completes $1 Billion Note Offering

On August 18, 2025, Wynn Macau, Limited, a subsidiary of Wynn Resorts, completed a $1 billion offering of 6.750% senior notes due 2034. The proceeds, approximately $989 million after expenses, are intended for general corporate purposes, including debt repayment. The issuance is part of WML’s strategic financial management, potentially impacting its market positioning by enhancing liquidity and flexibility. The notes are listed on the Hong Kong Stock Exchange, with specific terms allowing for redemption under certain conditions, reflecting WML’s proactive approach to managing its financial obligations and market risks.

The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Announces $1 Billion Senior Notes Issuance

On August 12, 2025, Wynn Macau, a subsidiary of Wynn Resorts, announced a purchase agreement for the issuance of $1 billion in senior notes due in 2034, with an interest rate of 6.750%. The proceeds are intended for general corporate purposes, including debt repayment. The issuance is expected to enhance the company’s financial flexibility, although it carries risks such as potential change of control provisions that could require repurchase of the notes.

The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Earnings Call Highlights Strong Growth

Wynn Resorts Limited’s recent earnings call conveyed a generally positive sentiment, underscoring strong performances in Las Vegas and Boston, as well as substantial growth in casino revenues. The company also highlighted significant progress on the Wynn Al Marjan Island project. However, challenges such as lower-than-expected VIP holds in Macau and softer midweek hotel occupancy in Las Vegas were acknowledged. Despite these hurdles, Wynn Resorts maintains a strong financial position and liquidity.

Wynn Resorts Announces Senior Notes Offering

On August 11, 2025, Wynn Macau, Limited announced a proposed private offering of senior notes, subject to market conditions and investor interest. The proceeds from this offering are intended for general corporate purposes, including debt repayment, which could extend the maturity profile of the company’s indebtedness, potentially benefiting its financial stability.

The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.

Wynn Resorts Reports Mixed Q2 2025 Earnings

Wynn Resorts Limited is a prominent player in the luxury hospitality and gaming industry, known for its high-end resorts and casinos located in Las Vegas, Macau, and Boston, with ongoing expansion projects in the United Arab Emirates.

Wynn Resorts Reports Q2 2025 Financial Results

Wynn Resorts reported its financial results for the second quarter of 2025, showing operating revenues of $1.74 billion, a slight increase from the previous year. However, net income decreased to $66.2 million from $111.9 million in the same quarter of 2024. The company highlighted strong performance in Las Vegas, despite challenges in Macau due to lower VIP hold. Wynn Resorts is progressing with its Wynn Al Marjan Island project in the UAE and continues to return capital to shareholders through dividends and stock repurchases.

The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.