Morgan Stanley Cuts Wynn Resorts (NASDAQ:WYNN) Price Target to $136.00

Wynn Resorts (NASDAQ:WYNN) had its price objective decreased by stock analysts at Morgan Stanley from $139.00 to $136.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the casino operator’s stock. Morgan Stanley’s target price would suggest a potential upside of 28.30% from the company’s previous close.

WYNN has been the topic of a number of other research reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $148.00 target price on shares of Wynn Resorts in a research report on Monday, December 15th. Texas Capital raised shares of Wynn Resorts to a “strong-buy” rating in a research report on Thursday, January 8th. Susquehanna reissued a “positive” rating and issued a $133.00 target price on shares of Wynn Resorts in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $144.00 price objective on Wynn Resorts in a report on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wynn Resorts in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $138.87.

Wynn Resorts Price Performance

NASDAQ WYNN traded down $3.44 during mid-day trading on Wednesday, hitting $106.01. The stock had a trading volume of 147,651 shares, compared to its average volume of 1,453,193. The firm’s 50 day moving average is $116.70 and its 200 day moving average is $120.54. The stock has a market capitalization of $11.02 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 12.68 and a beta of 1.06. Wynn Resorts has a twelve month low of $65.25 and a twelve month high of $134.72.

Wynn Resorts (NASDAQ:WYNN) last posted its earnings results on Thursday, February 12th. The casino operator reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.16). Wynn Resorts had a net margin of 4.59% and a negative return on equity of 38.04%. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the previous year, the firm earned $2.42 earnings per share. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. As a group, equities research analysts expect that Wynn Resorts will post 5.17 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WYNN. Hantz Financial Services Inc. lifted its position in 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 acquiring an additional 89 shares during the last quarter. Horizon Investments LLC grew its stake in Wynn Resorts by 6.7% during the 4th quarter. Horizon Investments LLC now owns 1,500 shares of the casino operator’s stock worth $180,000 after buying an additional 94 shares during the last quarter. Westside Investment Management Inc. increased its position in Wynn Resorts by 40.2% during the third quarter. Westside Investment Management Inc. now owns 338 shares of the casino operator’s stock worth $44,000 after buying an additional 97 shares during the period. Parallel Advisors LLC lifted its stake in Wynn Resorts by 21.6% in the third quarter. Parallel Advisors LLC now owns 563 shares of the casino operator’s stock valued at $72,000 after buying an additional 100 shares during the last quarter. Finally, Cromwell Holdings LLC grew its position in shares of Wynn Resorts by 68.2% during the fourth quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock worth $31,000 after acquiring an additional 103 shares during the last quarter. Institutional investors and hedge funds own 88.64% of the company’s stock.

Wynn Resorts News Roundup

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

• Positive Sentiment: Wynn’s Al Marjan Island resort has been added to Preferred Hotels’ Legend Collection ahead of its 2027 debut, supporting the company’s international growth and future cash‑flow diversification. Preferred Hotels & Resorts Welcomes Wynn Al Marjan Island
• Positive Sentiment: UBS reiterated a Buy rating and highlighted Wynn’s shift from development toward stronger free cash flow generation — a constructive thematic endorsement for longer‑term valuation. UBS Maintains Buy on Wynn Resorts
• Positive Sentiment: Wells Fargo continues to rate WYNN Overweight after Q4 results, indicating continued analyst support despite modest target trims. Wells Fargo Still Overweight on Wynn Resorts
• Neutral Sentiment: Wynn says there is no sign that data outside the U.S. were compromised — a partial mitigation to breach scope but not a full resolution of risk or litigation exposure. No sign data outside U.S. compromised
• Neutral Sentiment: Analysts trimmed price targets modestly (UBS to $146, Wells Fargo to ~$147) but kept Buy/Overweight stances — suggesting brokers view any downside as limited relative to long‑term cash‑flow catalysts. Wynn Resorts price target lowered to $146 from $148 at UBS
• Negative Sentiment: Wynn confirmed hackers acquired employee data and investigators were engaged; reports say attackers demanded roughly $1.5M — this raises near‑term operational, remediation and reputational costs. Wynn Resorts says hackers acquired employee data (Reuters)
• Negative Sentiment: Security outlets report the breach followed an extortion threat and that employee records were exposed — increasing the likelihood of regulatory scrutiny and remediation expenses. Wynn Resorts confirms employee data breach after extortion threat
• Negative Sentiment: Class‑action lawsuits (federal and state filings reported) have been filed over the breach and Wynn had previously warned investors about potential cyber vulnerabilities — creating legal and financial tail‑risk that could pressure the stock near term. Wynn Resorts hit with class action lawsuit over data breach

Wynn Resorts Company Profile

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.