Wynn Resorts Stock: Is Wall Street Bullish or Bearish?

Wynn Resorts, a Las Vegas-based company, designs and operates integrated resorts, but its stock has been underperforming the broader market over the past year. WYNN shares have declined 9.8% while the S&P 500 has rallied nearly 19.3%. In 2026, WYNN stock is projected to fall 15.4%, compared to the SPX's 12.4% rise on a year-to-date basis.

Barron Trump, now worth $150 million, has warned against buying a house due to tax implications. WYNN's underperformance can be attributed to market volatility in Macau's VIP segment, increased domestic labor costs, and investor caution around significant capital expenditures. The exchange-traded fund State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has gained about 1.7% over the past year, outpacing WYNN's double-digit dip.

WYNN has faced challenges in Macau and domestically due to rising operating expenses and contractual wage increases, while Las Vegas and Boston properties maintained strong operational discipline. Despite mixed earnings surprises, 19 analysts covering WYNN maintain a "Strong Buy" consensus rating, based on 17 "Strong Buy," one "Moderate Buy," and one "Hold" rating.

Robin M. Farley from UBS recently maintained a "Buy" rating with a price target of $145, implying a potential upside of 43.2% from current levels.