Wynn Resorts (WYNN)
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
$91.54-0.02%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
Intact: The reason to own it still holds.
Wynn Resorts is growing revenue about 9% yearly. Profit from operations improved to $282.6M in Q1 2026. The company is progressing on its Wynn Al Marjan Island project with $1.01B invested. It pays a steady quarterly dividend of $0.25 per share.
Wynn missed EPS estimates in late 2025 and guidance is cautious at $0.85 EPS for Q4 2025. The stock is expensive relative to cash flow yield and faces sector headwinds. Growth could slow if new projects or operational improvements stall.
The price is about 32% below our fair value near $141, reflecting a justified discount. Analysts expect about 5% revenue growth, which is lower than recent 9% growth, suggesting some caution is priced in.
Breaks if: Dividend per share falls below $0.25 quarterly
Breaks if: Operating income falls below $268.6M quarterly
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on long-term growth. The current thesis state is intact, supported by steady cash dividends and ongoing development projects, despite some volatility in management execution.
The valuation appears expensive compared to peers, with a premium of 1.34 times. The market seems to be pricing in a justified outlook, reflecting confidence in the company's ongoing projects and recent performance.
Fundamentals are likely to remain neutral in the near term, given the company's recent financial performance and a low probability of missing earnings estimates. However, the moderate risk level suggests that external factors could impact results.
The long-term thesis hinges on several factors, including management's ability to maintain guidance, the trajectory of inflation, and performance from sector peers like LVS and MGM. Positive developments in these areas could support growth.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the read. Progress on Wynn Al Marjan Island development also strengthens the outlook. However, operational issues may hinder future growth. Delays in the Al Marjan project could impact growth objectives. Labor cost concerns may also affect profitability.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Emphasize improving operational profitability across all markets.
Breaks if: YoY revenue growth falls below 4.8% next year
Breaks if: Quarterly investment in Wynn Al Marjan Island falls below $50M
Overall, the multi-year view for Wynn Resorts reflects a balance of opportunities and risks, with management execution and sector performance being critical. Not investment advice.