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

Wynn Resorts (NASDAQ:WYNN) had its price target dropped 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 price target points to a potential upside of 23.51% from the stock’s current price.

Several other equities research analysts also recently commented on WYNN. JPMorgan Chase & Co. boosted their target price on shares of Wynn Resorts from $138.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Macquarie Infrastructure reiterated an “outperform” rating and set a $143.00 price target on shares of Wynn Resorts in a research note on Monday, December 8th. Susquehanna reissued a “positive” rating and set a $133.00 price objective on shares of Wynn Resorts in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $144.00 target price on Wynn Resorts in a research report on Friday, February 13th. Finally, Zacks Research lowered Wynn Resorts from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Wynn Resorts currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.87.

Wynn Resorts Stock Up 2.5%

NASDAQ WYNN opened at $110.11 on Wednesday. Wynn Resorts has a 52 week low of $65.25 and a 52 week high of $134.72. The business has a 50 day moving average price of $116.01 and a 200-day moving average price of $120.37. The company has a market cap of $11.45 billion, a price-to-earnings ratio of 36.70, a P/E/G ratio of 12.71 and a beta of 1.06.

Wynn Resorts (NASDAQ:WYNN) last posted its quarterly earnings results on Thursday, February 12th. The casino operator reported $1.17 earnings per share (EPS) 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 business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the previous year, the business posted $2.42 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, equities research analysts anticipate that Wynn Resorts will post 5.17 earnings per share for the current year.

Institutional Trading of Wynn Resorts

Several hedge funds have recently made changes to their positions in WYNN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Wynn Resorts by 10.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,961 shares of the casino operator’s stock worth $665,000 after acquiring an additional 754 shares during the period. Woodline Partners LP lifted its holdings in Wynn Resorts by 36.2% during the first quarter. Woodline Partners LP now owns 7,568 shares of the casino operator’s stock valued at $632,000 after purchasing an additional 2,012 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Wynn Resorts by 69.0% during the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares during the period. Brookstone Capital Management purchased a new position in shares of Wynn Resorts in the second quarter worth about $218,000. Finally, AlphaQuest LLC raised its position in shares of Wynn Resorts by 220.7% in the second quarter. AlphaQuest LLC now owns 943 shares of the casino operator’s stock valued at $88,000 after purchasing an additional 649 shares during the period. 88.64% of the stock is currently owned by institutional investors.

Trending Headlines about Wynn Resorts

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

• Positive Sentiment: Morgan Stanley reiterated an overweight rating and set a $136 price target (down modestly from $139), signaling analyst confidence and providing upside relative to the current share level. Article Title
• Neutral Sentiment: Wynn says the attackers removed and — per the attacker’s claim — deleted the stolen staff data and that there’s no sign data outside the U.S. was compromised; company statements could limit panic but leave open verification risk. Article Title
• Neutral Sentiment: Wynn previously warned investors about potential cyber vulnerabilities in filings — the disclosure reduces surprise but underscores existing risk. Article Title
• Negative Sentiment: Security researchers link the breach to the ShinyHunters group; reports say sensitive data for more than ~800,000 current and former employees was stolen, materially increasing regulatory, remediation and identity‑theft exposure. Article Title
• Negative Sentiment: Hackers reportedly demanded a $1.5M ransom — an immediate cash/operational threat and indicator of potential further extortion or data leaks. Article Title
• Negative Sentiment: Class-action and federal lawsuits are multiplying nationwide alleging inadequate cybersecurity and response; expanding litigation increases potential legal costs, settlements, and insurance disputes. Article Title
• Negative Sentiment: Multiple security outlets confirm the breach and extortion threat, keeping regulatory scrutiny and remediation spending in focus — a potential near-term headwind for margins and sentiment. Article Title

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.