Wynn Resorts (NASDAQ:WYNN) Stock Price Target Lowered at Barclays

Posted by Brian Himes on Nov 7th, 2026

Wynn Resorts (NASDAQ:WYNN – Free Report) had its price target cut by Barclays from $128.00 to $120.00 in a report published on Friday,Benzinga reports. They currently have an overweight rating on the casino operator’s stock.

Several other research firms also recently issued reports on WYNN. Weiss Ratings reissued a “hold (c)” rating on shares of Wynn Resorts in a research report on Monday, September 21st. Truist Financial dropped their price target on shares of Wynn Resorts from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, October 20th. Stifel Nicolaus set a $110.00 price objective on Wynn Resorts in a research note on Friday. Zacks Research raised shares of Wynn Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Finally, UBS Group set a $120.00 price objective on shares of Wynn Resorts in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Wynn Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $121.24.

Check Out Our Latest Analysis on WYNN

Wynn Resorts Price Performance

NASDAQ WYNN traded up $3.79 during trading hours on Friday, reaching $83.11. The company’s stock had a trading volume of 5,045,645 shares, compared to its average volume of 2,140,233. Wynn Resorts has a 52 week low of $70.79 and a 52 week high of $134.72. The firm has a fifty day simple moving average of $80.68 and a 200-day simple moving average of $97.68. The stock has a market cap of $8.56 billion, a P/E ratio of 24.81, a P/E/G ratio of 0.93 and a beta of 0.96.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last announced its earnings results on Thursday, November 5th. The casino operator reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.19). Wynn Resorts had a negative return on equity of 46.52% and a net margin of 6.05%. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the business earned $0.86 EPS. Wynn Resorts’s quarterly revenue was down 7.9% on a year-over-year basis. On average, research analysts expect that Wynn Resorts will post 4.26 earnings per share for the current year.

Wynn Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be paid a $0.25 dividend. The ex-dividend date is Monday, November 16th. This represents a $1.00 annualized dividend and a yield of 1.2%. Wynn Resorts’s dividend payout ratio is currently 29.85%.

Hedge Funds Weigh In On Wynn Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Aberdeen Group plc boosted its stake in shares of Wynn Resorts by 843.9% during the third quarter. Aberdeen Group plc now owns 34,358 shares of the casino operator’s stock valued at $2,729,000 after purchasing an additional 30,718 shares during the period. Legacy Trust grew its holdings in shares of Wynn Resorts by 1.1% during the 3rd quarter. Legacy Trust now owns 36,951 shares of the casino operator’s stock worth $2,759,000 after acquiring an additional 412 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Wynn Resorts by 53.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 50,874 shares of the casino operator’s stock worth $4,041,000 after acquiring an additional 17,686 shares during the period. Fifth Third Bancorp raised its position in shares of Wynn Resorts by 3.8% in the 3rd quarter. Fifth Third Bancorp now owns 7,326 shares of the casino operator’s stock worth $582,000 after acquiring an additional 269 shares in the last quarter. Finally, Keybank National Association OH raised its position in shares of Wynn Resorts by 5.7% in the 3rd quarter. Keybank National Association OH now owns 17,176 shares of the casino operator’s stock worth $1,364,000 after acquiring an additional 932 shares in the last quarter. 88.64% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Wynn Resorts

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

Positive Sentiment: Wynn said its Al Marjan Island resort in the UAE remains on track for a September 2027 opening. Continued progress may support its longer-term growth outlook, though the project requires substantial additional equity funding. Article: Wynn outlines remaining Al Marjan equity
Positive Sentiment: The company declared a quarterly cash dividend of $0.25 per share, payable November 30 to shareholders of record November 16. Article: Wynn Resorts declares quarterly cash dividend
Neutral Sentiment: Several analysts lowered price targets after the results but maintained positive ratings. Deutsche Bank kept Buy at $116; Macquarie retained Outperform at $128; Barclays and Wells Fargo maintained Overweight at $120 and $122, respectively. Other target cuts included Jefferies to $132 and Mizuho to $129. The ratings remain supportive, but the reductions reflect a more cautious outlook. Article: Deutsche Bank adjusts Wynn Resorts price target
Negative Sentiment: Third-quarter revenue fell 7.9% year over year to $1.69 billion, missing estimates, and EPS of $0.33 also came in below expectations and was down from $0.86 a year earlier. Softer Macau gaming, unfavorable Las Vegas hold and Boston labor disruptions weighed on results, with declines reported across all four operating segments. Article: Wynn Resorts Q3 earnings miss estimates
Negative Sentiment: Wynn is maintaining its UAE opening timetable amid war-related uncertainty, while the project’s rising investment and remaining equity needs add funding and execution risk. Article: Wynn holds UAE casino date amid war

About Wynn Resorts

(Get Free Report)

Wynn Resorts, Ltd. is a developer and operator of luxury integrated resorts, with a focus on destination casinos, hotels, restaurants, entertainment venues, retail, and convention facilities. Its properties are designed to combine gaming with premium hospitality and leisure experiences.

The company operates Wynn Las Vegas and Encore Las Vegas in Nevada, Encore Boston Harbor in Massachusetts, and Wynn Macau and Wynn Palace in Macau. These resorts serve visitors in the United States and international markets, offering accommodations, casino gaming, dining, nightlife, retail, spas, entertainment, and meeting and convention services.

Wynn Resorts was founded in 2002 by casino executive Steve Wynn.