Wynn Resorts Recognized on FORTUNE's Most Admired Companies List
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Should l Buy WYNN?
Source: Businesswire
Wynn Resorts shares rose by 5.01% as the stock crossed above its 5-day SMA, reflecting positive investor sentiment.
The company has been named to FORTUNE Magazine's World's Most Admired Companies list, leading the Hotels, Casinos & Resorts category. This recognition highlights Wynn's exceptional performance and influence in the industry, with CEO Craig S. Billings emphasizing the team's dedication as key to the company's success. Additionally, Wynn is expanding its global presence with a new integrated resort in Ras Al Khaimah, UAE, set to open in 2027, which will further enhance its market position.
This recognition not only boosts Wynn's brand image but also strengthens customer loyalty, positioning the company favorably for future growth in a competitive market.
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Analyst Views on WYNN
Wall Street analysts forecast WYNN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WYNN is 146.62 USD with a low forecast of 126.04 USD and a high forecast of 164.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 113.200
Low
126.04
Averages
146.62
High
164.00
Current: 113.200
Low
126.04
Averages
146.62
High
164.00
About WYNN
Wynn Resorts, Limited is a designer, developer, and operator of integrated resorts featuring hotel rooms, retail space, an array of dining and entertainment options, meeting and convention facilities, and gaming. The Company owns and operates Wynn Las Vegas, Wynn Macau, Wynn Palace, Cotai, Wynn Mayfair, and operates Encore Boston Harbor. Wynn and Encore Las Vegas consist of two hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. Encore Boston Harbor features 671 hotel rooms and suites, a spa, 14 dining and lounge venues, a nightclub, and a ballroom and meeting spaces. Wynn Macau is in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers. Wynn Palace offers 1,706 exquisite rooms, suites, and villas, 14 food and beverage outlets, meeting and convention space, an extensive boutique shopping esplanade, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a spa and salon.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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