Goldman Sachs has reduced its price target for Wynn Resorts (NASDAQ:WYNN) to $93.00, while maintaining a Buy rating, following the company's third-quarter adjusted EBITDAR falling below estimates. The firm lowered its financial projections for Las Vegas and Macau, citing choppy performance and a slowdown in October, despite the stock being considered undervalued by InvestingPro analysis. Wynn Resorts also reported disappointing Q3 2026 financial results with earnings and revenue missing expectations due to various regional challenges, although the Wynn Al Marjan Island in the UAE remains a long-term growth driver.
Original sourceWYNN RESORTS LTD
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$83.11
+4.78%
Alpha Vantage · 11/6/2026
One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+10.4%
3 months
-18.7%
6 months
-18.4%
1 year
-31.5%
Year to date
-30.4%
52-week range
$71.38 – $132.11
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$8.52B
P/E
22.6
P/B
-39.2
P/S
1.2
Revenue
$7.27B
Net income
$377.87M
Diluted EPS
3.49
Gross margin
40.10%
Net margin
5.20%
Return on equity
-172.90%
Total debt
$12.36B
Cash
$1.74B
Free cash flow
$515.36M
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $1.69B | $17.32M | 38.80% | 1.00% | -$104.78M |
| Jun 30, 2026 | $1.86B | $140.06M | 40.90% | 7.50% | $338.9M |
| Mar 31, 2026 | $1.86B | $120.45M | 40.20% | 6.50% | -$25.61M |
| Dec 31, 2025 | $1.87B | $100.03M | 40.50% | 5.40% | $306.85M |
| Sep 30, 2025 | $1.83B | $88.34M | 41.20% | 4.80% | $171.73M |
| Jun 30, 2025 | $1.74B | $66.22M | 41.80% | 3.80% | $239.65M |
| Mar 31, 2025 | $1.7B | $72.75M | 42.30% | 4.30% | -$26.46M |
| Dec 31, 2024 | $1.84B | $276.97M | 43.70% | 15.10% | $351.79M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent WYNN news
All market newsWynn Resorts' stock dropped 3.71% after its Q3 2026 results missed revenue and EPS expectations across all major resort operations. Despite recent short-term gains, the stock is down significantly over the past year, though it is currently considered 35% undervalued by a popular narrative. However, risks like higher labor costs and potential project delays could challenge this valuation.
Original source