WYNN Price Prediction Next Week
Technical Analysis: WYNN's stock shows mixed signals in recent trading sessions. The RSI-14 at 60.30 indicates neutral momentum, while the MACD (1.27) displays a bullish trend with positive histogram values. The stock is trading above its 20-day SMA (84.78) and 200-day SMA (87.86), suggesting an overall upward trend.
News Impact: Recent insider purchases show strong confidence:
- Director Paul Albert Liu purchased 1,600 shares at ~$92.45/share on Feb 19
- Director Philip G. Satre acquired 22,200 shares at $92.18 on Feb 18
Price Levels Analysis:
- Fibonacci resistance levels: R1: $92.11, R2: $96.25, R3: $102.95
- Fibonacci support levels: S1: $78.71, S2: $74.57, S3: $67.87
- Current pivot point: $85.41
Next Week Price Prediction: Based on technical indicators and recent insider buying activity, WYNN is likely to test the R1 resistance at $92.11. If broken, the next target would be R2 at $96.25.
Target price range for next week: $92-96
Recommendation: BUY
- Entry point: Current market price ($91)
- First target: $92.11
- Second target: $96.25
- Stop loss: $88.50
The strong insider buying activity and positive technical indicators suggest upward momentum. The stock is showing strength above both key moving averages, indicating potential for further gains.
WYNN Similar Chart Price Prediction
The price of WYNN is predicted to go up -4.2%, based on the high correlation periods with WK. The similarity of these two price pattern on the periods is 95.29%.
WYNN
WK
Down: -4.2%Similarity: 95.29%
WYNN Revenue Forecast
WYNN EPS Forecast
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WYNN VS S&P500
Wynn is positioned to participate in the long-term growth of Macao (76% of prepandemic 2019 EBITDA) and has room share of 9% with the opening of its Cotai Palace property in 2016.
Wynn has a narrow economic moat, thanks to possessing one of just six licenses awarded to operate casinos in China.
A focus on the high-end luxury segment of the casino industry allows the company to generate high levels of revenue and EBITDA per gaming position in the industry.
WYNN Analyst's Forecast
Stephen Grambling
Morgan Stanley
Buy
2025-02-24
Price Target
$105 → $103
Upside
+14.25%
Morgan Stanley lowered the firm's price target on Wynn Resorts to $103 from $105 and keeps an Overweight rating on the shares. Following the first two weeks of Q4 earnings from the North American casino gaming group, the firm says Vegas commentary was better to start 2025, regional trends were called out as "stable" following a recovery after the post-election lull and that digital trends are "off to solid start across hold and handle in 2025."
Brandt Montour
Barclays
Buy
2025-02-14
Price Target
$115 → $116
Upside
+30.6%
David Katz
Jefferies
Hold
2025-01-03
Price Target
$109 → $105
Upside
+26.02%
