Wynn Resorts, Limited (WYNN) AI Stock Analysis

NASDAQ: WYNNAI research summary: business, growth, valuation, analysts, bull and bear case.

WYNN AI stock analysis summary

AI Research

Wynn Resorts, Limited is an integrated luxury resort and casino developer operating major properties across Macau and Las Vegas. In the trailing twelve months, the company generated $7.41B in revenue and an operating margin of 16.5%. Wynn Resorts carries significant leverage, with net debt of $10.24B and shareholders' equity of -$169.5M as of June 30, 2026.

Market cap
$7.78B
Revenue (TTM)
$7.41B
P/E
18.1x
fwd 13.9x
1Y return
-34.2%
S&P 500 16.8%
Avg. target
$127.20
68.3% vs last close

Bull case

  • Quarterly earnings growth was 106.1% year-over-year in the quarter ended June 30, 2026, supported by 6.9% quarterly revenue growth.
  • Valuation multiples remain discounted against peers, with an EV/EBITDA of 9.6x compared to the S&P 500 Consumer Cyclical peer median of 13.8x.
  • Analyst sentiment is positive with 17 Strong Buy ratings and a mean price target of $127.20, representing 68.3% upside.

Bear case

  • The balance sheet exhibits substantial leverage with total debt of $12.34B and negative shareholders' equity of -$169.5M.
  • Annual net income has contracted over consecutive years from $730.0M in FY2023 to $501.1M in FY2024 and $327.3M in FY2025.
  • The stock has declined 36.7% year-to-date and sits 24.6% below its 200-day average.

What Wynn Resorts does

Wynn Resorts, Limited specializes in designing, developing, and managing integrated resorts that offer luxury accommodations, gaming facilities, and entertainment options. Its flagship Wynn Palace and Wynn Macau segments in Macau feature exclusive gaming salons, sky casinos, luxury hotel suites and villas, wellness facilities, dining venues, retail spaces, and signature attractions such as performance lakes and floral displays. In the United States, its Las Vegas Operations segment features iconic casino floors, a luxury hotel tower, diverse dining choices, retail outlets, theaters, nightclubs, and recreational amenities including a beach club.

Growth and profitability

Wynn Resorts expanded revenue from $3.76B in FY2021 to $6.53B in FY2023, $7.13B in FY2024, and $7.14B in FY2025, recording a 5-year revenue CAGR of 27.8% from FY2020 to FY2025. Net income recovered from net losses of -$755.8M in FY2021 and -$423.9M in FY2022 to profits of $730.0M in FY2023, $501.1M in FY2024, and $327.3M in FY2025. In FY2025, operating margin stood at 16.2% and gross margin reached 32.7%. For the quarter ended June 30, 2026, quarterly revenue growth was 6.9% year-over-year, while quarterly earnings growth increased 106.1%, supporting trailing twelve months revenue of $7.41B and a profit margin of 6.0%.

WYNN income statement →

Balance sheet and cash flow

As of June 30, 2026, Wynn Resorts held $2.10B in cash and short-term investments against $12.34B in total debt, resulting in net debt of $10.24B. The current ratio was 0.91, and shareholders' equity was -$169.5M. In FY2025, the business generated operating cash flow of $1.35B and free cash flow of $691.8M. Wynn Resorts utilized cash for capital expenditures of $660.9M, share buybacks of $380.1M, and dividends paid of $174.7M.

WYNN balance sheet →

Valuation and performance

At a share price of $75.60, Wynn Resorts trades at a trailing P/E of 18.1x and a forward P/E of 13.9x, both below the median of its S&P 500 Consumer Cyclical peers of 20.1x and 15.7x, respectively. The company's EV/EBITDA of 9.6x and price-to-sales multiple of 1.1x also compare favorably to peer medians of 13.8x and 2.0x. Over the past year, the stock fell 34.2%, while the S&P 500 gained 16.8%. Over five years, the stock dropped 13.6% compared to an 83.0% gain for the index.

WYNN key metrics →

WYNN dividend

Wynn Resorts pays a forward annual dividend of $1.00 per share, providing a dividend yield of 1.32% with a payout ratio of 22.1%. Distributions occur quarterly, with 4 consecutive years paid. Annualized 5-year dividend growth was 0.0%, and the last ex-dividend date was August 14, 2026. In FY2025, the company paid $174.7M in total dividends.

WYNN dividend history →

What analysts expect

Wall Street coverage includes 17 Strong Buy and 4 Buy ratings, with 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $127.20, which is 68.3% above the close of $75.60. For the fiscal year ending December 31, 2026, analysts estimate revenue of $7.45B and EPS of $4.51. The company beat EPS estimates in 2 of the last 4 quarters, and the next earnings date is November 5, 2026.

WYNN forecast and price target →

Key risks and what to watch

  • Total debt of $12.34B against $2.10B in cash creates high interest and refinancing exposure under a current ratio of 0.91.
  • Short interest represents 11.1% of float, highlighting notable market skepticism.
  • Earnings consistency remains mixed, as the company surpassed EPS estimates in only 2 of the last 4 quarters.
  • Net profit margin narrowed from 11.2% in FY2023 to 4.6% in FY2025.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this WYNN AI stock analysis

This page is an AI-written research summary of Wynn Resorts, Limited (WYNN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: WYNN income statement, WYNN balance sheet, WYNN key metrics, WYNN analyst forecast, WYNN chart. See the WYNN stock overview for the latest quote and news.

WYNN AI stock analysis FAQ

What is Wynn Resorts' dividend yield and distribution schedule?

Wynn Resorts provides an annual forward dividend of $1.00 per share, equating to a 1.32% dividend yield. Dividends are paid quarterly, with a payout ratio of 22.1%.

What are Wall Street analysts projecting for Wynn Resorts stock?

Analysts hold a mean price target of $127.20, which sits 68.3% above the recent close of $75.60. For FY2026, analysts expect revenue of $7.45B and EPS of $4.51.

How much debt does Wynn Resorts hold on its balance sheet?

As of June 30, 2026, Wynn Resorts had $12.34B in total debt and $2.10B in cash and short-term investments, resulting in net debt of $10.24B and negative shareholders' equity of -$169.5M.

How has Wynn Resorts performed compared to the S&P 500?

Wynn Resorts stock fell 34.2% over the trailing one-year period and 13.6% over five years, underperforming the S&P 500 gains of 16.8% and 83.0% over the same periods.

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