Stifel cuts target from USD 143 to USD 120 for Wynn Resorts stock
Published on 10/22/2026 at 13:36 | Editorial responsibility: Rafael MĂŒller, Editor-in-Chief AD HOC NEWSTargets and upcoming results
- Stifel cut its Wynn Resorts target from USD 143.00 to USD 120.00 on October 20, 2026.
- Second-quarter revenue reached USD 1.86 billion versus USD 1.74 billion a year earlier.
- Wynn Resorts stock trades at EUR 66.91 at 1:33 p.m. CEST at Lang & Schwarz on October 22, 2026.
Wynn Resorts (ISIN US9831341071) faces a lower analyst valuation after Stifel cut its price target from USD 143.00 to USD 120.00 on October 20, 2026, while retaining a Buy rating, according to TipRanks. The next quarterly report is scheduled for November 5, 2026.
Analysts reset expectations
Stifel said weaker-than-expected demand and spending in Macau and Las Vegas had pressured destination gaming stocks. The revised USD 120.00 target remains above the latest primary-market reference of USD 75.76, which was the Nasdaq last price on October 21, 2026 at 4:00 p.m. ET.
The wider reset has affected several research houses. JPMorgan cut its target from USD 134.00 to USD 115.00 on October 20, 2026, while Truist reduced its target from USD 125.00 to USD 110.00 on the same date, according to MarketBeat. The cluster of cuts puts the November report at the center of the valuation debate.
What does the latest quarter show?
Wynn Resorts reported second-quarter revenue of USD 1.86 billion for the period ended June 30, 2026, up 6.90 percent from USD 1.74 billion a year earlier. The company also reported earnings per share of USD 1.24 against a USD 0.99 consensus estimate, according to MarketBeat. That combination gives investors a concrete benchmark for the third-quarter release.
Three dated company events
On August 4, 2026, Wynn Resorts reported second-quarter revenue of USD 1.86 billion. On September 10, 2026, it announced a USD 900 million senior-notes offering. On October 20, 2026, Stifel cut its target from USD 143.00 to USD 120.00, according to StockTitan.
Dates for the next update
StockTitan reports that Wynn Resorts will publish third-quarter results after the market closes on November 5, 2026, followed by a conference call at 4:30 p.m. ET. The related replay is scheduled to remain available through December 4, 2026.
Euro quote ahead of results
Wynn Resorts was trading at EUR 66.91 at Lang & Schwarz on October 22, 2026 at 1:33 p.m. CEST. The Nasdaq reference price was USD 75.76 on October 21, 2026, and the stock's 52-week range was USD 73.07 to USD 134.72. The further course of trading is shown by the continuously updated real-time quote of Wynn Resorts stock.
Wynn Resorts stock facts
- Company: Wynn Resorts, Limited
- ISIN: US9831341071
- Ticker: WYNN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 22, 2026, 1:33 p.m. CEST): EUR 66.91
- Market capitalization: USD 7.8 billion (as of October 22, 2026)
- 52-week range: USD 73.07-134.72 (as of October 22, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts and Casinos
- Next earnings date: November 5, 2026
Market context: Market report Nasdaq Composite.
