Macau Casino Revenue Surge: Macau's casinos reported a 15.9% increase in revenue for October, reaching MOP24.09B ($3.1B), surpassing analysts' expectations of an 11.7% rise, despite a challenging Golden Week affected by a typhoon and competing events in Singapore.
Impact of Typhoon and Events: The Golden Week was initially promising but was hindered by Typhoon Matmo and the Singapore Grand Prix, which diverted Chinese tourists, highlighting the challenges faced by the tourism sector during this period.
Resilience of Chinese Tourism: The rebound in casino revenue post-Golden Week reflects the resilience of the Chinese tourism industry and ongoing efforts to ease travel restrictions to Macau, indicating a potential recovery in the sector.
Future Prospects for Tourism: Upcoming sporting events in Hong Kong, Macau, and mainland China, such as NBA preseason games and the 15th National Games, are expected to further boost tourism and casino revenues in the region.
Wall Street analysts forecast LVS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LVS is 69.12 USD with a low forecast of 56.89 USD and a high forecast of 80.00 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.
14 Analyst Rating
Wall Street analysts forecast LVS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LVS is 69.12 USD with a low forecast of 56.89 USD and a high forecast of 80.00 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.
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 59.940
Low
56.89
Averages
69.12
High
80.00
Current: 59.940
Low
56.89
Averages
69.12
High
80.00
JPMorgan
Daniel Politzer
Overweight
maintain
$70 -> $71
2026-01-23
New
Reason
JPMorgan
Daniel Politzer
Price Target
$70 -> $71
AI Analysis
2026-01-23
New
maintain
Overweight
Reason
JPMorgan analyst Daniel Politzer raised the firm's price target on Las Vegas Sands to $71 from $70 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space as part of a Q4 earnings preview. Gaming stocks "are carrying a lot of baggage and negativity," so investors should be selective, the analyst tells investors in a research note. JPMorgan believes digital is the segment with the greatest opportunity for earnings beats.
Barclays
Brandt Montour
Overweight
maintain
$62 -> $65
2026-01-16
Reason
Barclays
Brandt Montour
Price Target
$62 -> $65
2026-01-16
maintain
Overweight
Reason
Barclays analyst Brandt Montour raised the firm's price target on Las Vegas Sands to $65 from $62 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming group as part of its Q4 earnings preview. The regionals names are best positioned in the near term on their direct exposure to stimulus and tax refunds, the analyst tells investors in a research note.
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Morgan Stanley
Equal Weight
maintain
$63 -> $67
2026-01-16
Reason
Morgan Stanley
Price Target
$63 -> $67
2026-01-16
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Las Vegas Sands to $67 from $63 and keeps an Equal Weight rating on the shares. Gaming, lodging and leisure fundamentals were "muted" in 2025, with select areas of acceleration skewed to companies serving older, wealthier consumers, the analyst tells investors in a 2026 look ahead note on the group. For 2026, the firm expects "more of the same fundamentally," with the added wrinkle of rates boosting goods over services, the analyst added.
BofA
Neutral
maintain
$60 -> $70
2026-01-05
Reason
BofA
Price Target
$60 -> $70
2026-01-05
maintain
Neutral
Reason
BofA raised the firm's price target on Las Vegas Sands to $70 from $60 and keeps a Neutral rating on the shares. The Gaming and Lodging group "appears to be at a crossroads" to start 2026 as the year offers easy comps, OBBB refunds and stimulus, but also still has a stretched consumer after years of inflation, the analyst tells investors. Negative estimate revisions trumped low valuations in 2024 and 2025 and the firm is "fearful this continues in 2026," the analyst added in a note on the group.
About LVS
Las Vegas Sands Corp. is a global developer and operator of destination properties (Integrated Resorts). The Integrated Resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its properties also cater to high-end players by providing them with luxury amenities and premium service levels. Its other amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. Its principal operating and developmental activities occur in two geographic areas: Macao and Singapore. In Macao, it owns The Venetian Macao Resort Hotel; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao, and Sands Macao. In Singapore, it owns Marina Bay Sands. It also has ferry operations. It owns and operates a collection of Integrated Resorts in the Macao Special Administrative Region of the People's Republic of China (PRC) through Sands China Ltd.
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.
