UBS Group Cuts Wynn Resorts (NASDAQ:WYNN) Price Target to $138.00

14 Sep 2026, 01:30 by Doug Wharley · The Cerbat Gem

Wynn Resorts (NASDAQ:WYNN – Free Report) had its target price trimmed by UBS Group from $145.00 to $138.00 in a research note released on Friday, Marketbeat reports. The brokerage currently has a buy rating on the casino operator’s stock.

Several other equities analysts also recently issued reports on the stock. Argus upped their price objective on shares of Wynn Resorts from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citigroup reissued a “buy” rating on shares of Wynn Resorts in a report on Thursday, August 6th. The Goldman Sachs Group set a $120.00 target price on Wynn Resorts in a research report on Wednesday, July 15th. Barclays raised their price target on Wynn Resorts from $134.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company cut their price target on Wynn Resorts from $141.00 to $131.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Wynn Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $133.35.

Get Our Latest Research Report on Wynn Resorts

Wynn Resorts Price Performance

Shares of Wynn Resorts stock opened at $87.70 on Friday. Wynn Resorts has a 52 week low of $86.96 and a 52 week high of $134.72. The firm’s 50 day moving average is $97.22 and its two-hundred day moving average is $100.72. The firm has a market capitalization of $9.03 billion, a P/E ratio of 21.76, a P/E/G ratio of 1.05 and a beta of 1.00.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last issued its earnings results on Tuesday, August 4th. The casino operator reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.25. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Wynn Resorts had a net margin of 6.05% and a negative return on equity of 46.52%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 EPS. As a group, research analysts expect that Wynn Resorts will post 4.55 earnings per share for the current fiscal year.

Wynn Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 14th. Wynn Resorts’s dividend payout ratio is presently 24.81%.

Hedge Funds Weigh In On Wynn Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in WYNN. MUFG Securities EMEA plc acquired a new stake in Wynn Resorts during the 2nd quarter worth approximately $25,000. Hantz Financial Services Inc. increased its holdings in shares of Wynn Resorts by 54.9% in the fourth quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock valued at $30,000 after purchasing an additional 89 shares during the period. SHP Wealth Management acquired a new position in shares of Wynn Resorts in the fourth quarter valued at approximately $32,000. Geneos Wealth Management Inc. raised its stake in shares of Wynn Resorts by 69.0% during the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Wynn Resorts during the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 88.64% of the company’s stock.

Key Stories Impacting Wynn Resorts

Here are the key news stories impacting Wynn Resorts this week:

Positive Sentiment: UBS remains bullish despite a lower target. UBS reduced its price target from $145 to $138 but maintained a “buy” rating, implying substantial upside from current levels. The lower target may reflect more cautious assumptions rather than a change in its overall view. Benzinga analyst ratings
Neutral Sentiment: Options activity suggests traders are positioning for a potentially large move. Elevated or notable options-market activity indicates uncertainty and expectations for increased volatility, but it does not establish a clear directional signal. Options traders betting on a big move in Wynn Resorts stock
Neutral Sentiment: Wynn priced $900 million of senior notes due 2035 at a 6.875% coupon. The offering extends the company’s debt maturities and provides liquidity, but the relatively high interest rate increases financing costs. Proceeds and use-of-funds details were not provided in the reports. Wynn Resorts prices senior notes offering
Negative Sentiment: Credit concerns are weighing on the financing news. Fitch reportedly characterized Wynn’s credit improvement as “slow,” reinforcing investor concerns about leverage and the cost of servicing debt. The new notes’ high coupon may add to those worries. Wynn Resorts senior notes and Fitch credit outlook
Negative Sentiment: Recent market momentum has been poor. Wynn underperformed competitors and touched a new 52-week low, signaling continued selling pressure and weakening investor sentiment. Wynn Resorts reaches 52-week low
Negative Sentiment: Former Wynn Las Vegas employees allege they were fired because of union activity. If substantiated, the claims could create labor-relations, legal and reputational risks for Wynn Resorts. Former Wynn Las Vegas employees allege firings tied to union activity

Wynn Resorts Company Profile

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Wynn Resorts, Ltd. is a global luxury hospitality and entertainment company that develops and operates integrated resorts. Its properties combine casino gaming with hotel accommodations, fine dining, retail shopping, nightlife, entertainment, spas and meeting facilities.

The company operates Wynn Las Vegas and Encore Las Vegas in Nevada, Encore Boston Harbor in Massachusetts, and Wynn Macau and Encore Macau in Macau. These properties serve leisure and business travelers, gaming customers and convention guests across the United States and Asia.