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Las Vegas, Nevada-based Wynn Resorts, Limited (WYNN) is a premier developer and operator of luxury hotels and casinos, renowned for its high-end properties in Las Vegas, Macau, and Boston. With a market cap of $9.4 billion, the company operates through Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor segments.
Companies worth $2 billion to $10 billion are typically referred to as "mid-cap stocks." WYNN fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the resorts & casinos industry. The company benefits from holding more Forbes Travel Guide Five Stars than any other independent hotel company in the world.
However, the company is currently trading 15.6% below its 52-week high of $107.81 met on Oct. 7 last year. WYNN shares have grown 7.2% over the past three months, outperforming the broader Dow Jones Industrial Average’s ($DOWI) 1.2% rise during the same time frame.
WYNN shares have grown 5.6% year-to-date, outperforming the Dow Jones Industrial Average’s 1.3% rise during the same period. However, over the past 12 months, WYNN has grown 2.1%, lagging behind the Dow’s 9.3% gain.
To confirm its recent uptrend, WYNN has been trading above its 200-day moving average since late June and mostly above its 50-day moving average since early May.
Wynn’s stock grew marginally following the release of its Q1 results on May 6. The company’s revenues dropped 8.7% year-over-year to $1.7 billion, missing the Street’s expectations, mainly caused by a drop in revenue contributions across segments and properties in Macau, Vegas, and Boston. Its adjusted net income declined 36% year-over-year, and its adjusted EPS of $1.07 missed the consensus estimates by 12.3%.
Its peer, MGM Resorts International (MGM), has trailed WYNN, declining 1.3% in 2025 and 19.4% over the past year.
Among the 14 analysts covering the WYNN stock, the consensus rating is a “Strong Buy.” Its mean price target of $104.21 suggests a 14.6% upside potential from the current price level
