Professional
Added to YB: 2025-10-24
Pitch date: 2025-09-30
WYNN [neutral]
Wynn Resorts, Limited
-9.96%
current return
Author Info
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Company Info
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Market Cap
$11.8B
Pitch Price
$128.10
Price Target
25.00 (-78%)
Dividend
0.87%
EV/EBITDA
12.26
P/E
36.43
EV/Sales
2.98
Sector
Hotels, Restaurants and Leisure
Category
value
Baron Real Estate Fund Portfolio Holding: Wynn Resorts, Limited
WYNN (holding update): Pre-eminent luxury casino operator up 37.3% on strong Q2 results. Trading 9.3x 2026 cash flow at $116/share despite best-in-class assets in Vegas, Boston, Macau. New UAE project (Wynn Al Marjan Island opening 2027) worth est. $25/share not reflected in price. Expects Macau recovery + Vegas Strip improvement ahead.
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