Wynn Resorts Ltd Dossier
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SectorConsumer Discretionary IndustryResorts & Casinos Beta (adjusted)1.01 Intrinsic Value $120.33median of 5 methods · middle span $101-$133based on filings through 30 Jun 2026 Market Price $79.43Price as of 30 Sep 2026 Significantly undervaluedIntrinsic value is 52% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+52%) Data confidence Sign in to view data confidence Market Cap $8.2B Enterprise Value $17.3B Shares Outstanding 102.9M diluted Moat Rating Wide Next Earnings Date5 Nov 2026 Last ex-dividend14 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Wynn entered the second half of 2026 with positive consolidated momentum but uneven property-level performance. Second-quarter revenue increased year over year and Adjusted Property EBITDAR also rose, led by substantial growth at Wynn Palace. Conversely, Las Vegas and Encore Boston Harbor reported lower Adjusted Property EBITDAR. Wynn Al Marjan Island offers a material diversification catalyst with a September 2027 opening announced, but it also introduces construction, regulatory, and execution exposure. The balance of Macau strength, softer profitability at two U.S. properties, and project execution uncertainty supports a Hold stance pending broader margin stabilization. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$116.00 Mean target$132.58 High · most bullish analyst$145.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $116.0023% Macau growth slows, Las Vegas and Boston profitability deteriorate further, and Wynn Al Marjan experiences a material delay or higher execution burden. The resulting combination would weaken consolidated operating momentum and defer anticipated diversification benefits. Base CaseCentral scenario $132.5858% Matches the consensus meanConsolidated revenue continues to grow moderately, Wynn Palace remains the principal earnings-growth driver, and weaker profitability in Las Vegas and Boston gradually stabilizes while Wynn Al Marjan construction progresses toward its announced opening. Bull CaseUpside scenario $145.0019% Macau mass-market demand remains strong, Wynn Palace sustains its revenue and EBITDAR momentum, Las Vegas profitability recovers, and Wynn Al Marjan Island remains on schedule for September 2027. This combination would improve geographic diversification and operating momentum. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |