Wynn Resorts (WYNN) stock gained fractionally in Thursday trading after analysts came out in favor of the stock and new opportunities emerged in the US. UBS analyst Robin Farley hiked Wynn from Neutral to Buy and raised the price target from $101 to $147, citing the Al Marjan Island resort and improving Macau picture. The Georgia government is considering allowing casinos, and Wynn is looking to get a piece of that action. Analysts have a Strong Buy consensus rating on WYNN stock with a $126.10 average price target.
Wynn Resorts (WYNN) stock gained fractionally in Thursday trading after analysts came out in favor of the stock and new opportunities emerged in the US. UBS analyst Robin Farley hiked Wynn from Neutral to Buy and raised the price target from $101 to $147, citing the Al Marjan Island resort and improving Macau picture [1].
Farley noted that the company's investment of roughly $5 billion into the Al Marjan resort in the United Arab Emirates, which is scheduled to open early 2027, has significantly transformed his view on the prospects for the resort [1]. The analyst expects that Wynn being the only gaming operator in the UAE should provide a meaningful head start in capturing loyalty among ultra high net worth international customers [1].
Moreover, Farley's upgrade comes amidst a period of robust growth for the gaming industry, driven by increasing demand for entertainment and leisure activities. Wynn Resorts has been at the forefront of this growth, with a strong market position and a diversified portfolio of assets [2]. The company's recent expansion into new markets and strategic acquisitions have further solidified its position as a leader in the industry [2].
UBS also raised its forecasts for Macau, now projecting marketwide gross gaming revenue growth of 8% year-over-year in 2025 and 5% in 2026. The brokerage expects Wynn to sustain or grow its market share, in contrast to consensus expectations of share erosion [3].
Investors should continue to monitor Wynn Resorts' progress as it integrates new assets and navigates the evolving gaming landscape. UBS's updated price target and buy rating suggest that the market remains bullish on the company's ability to manage its growth and deliver shareholder value.
References:
[1] https://www.cnbc.com/2025/08/28/wynn-resorts-is-a-buy-as-it-win-uae-market-share-ubs-says.html
[2] https://www.ainvest.com/news/ubs-upgrades-wynn-resorts-buy-pt-raised-147-2508/
[3] https://finance.yahoo.com/news/al-marjan-macau-strength-drive-125241602.html
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