JPMorgan cuts target for Wynn Resorts stock from USD 134 to USD 115
Published on 10/29/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOperating scale and earnings setup
- JPMorgan kept an Overweight rating on October 20, 2026.
- Wynn Resorts earned adjusted EPS of USD 1.24 in the second quarter of 2026 versus USD 0.99 consensus.
- Market capitalization was USD 7.4 billion as of October 28, 2026.
Wynn Resorts (ISIN US9831341071) faces a lower USD 115.00 target after JPMorgan cut it from USD 134.00 on October 20, 2026, as MarketBeat reported. The next quarterly report is scheduled for November 5, 2026.
Why the target cut matters
JPMorgan retained an Overweight rating while reducing its valuation view. The change arrives before Wynn Resorts publishes third-quarter results for the period ended September 30, 2026.
The prior report provided a stronger operating reference. In the second quarter of 2026, adjusted earnings per share reached USD 1.24 against consensus of USD 0.99, while revenue totaled USD 1.86 billion versus USD 1.83 billion expected, according to MarketBeat. That combination gives the November release a clear test: whether earnings can sustain the earlier beat while estimates move lower.
Three dates shape the setup
On August 4, 2026, Wynn Resorts reported adjusted earnings per share of USD 1.24 for the second quarter. On October 6, 2026, the company announced that its third-quarter report would cover the period ended September 30, 2026. On October 20, 2026, JPMorgan retained its Overweight rating while cutting its target, according to MarketBeat.
What does the next report test?
The next scheduled event is the third-quarter earnings release on November 5, 2026, after the market close, followed by a conference call at 4:30 p.m. ET, according to PR Newswire. The event should clarify whether Macau and Las Vegas operations are offsetting the pressure implied by lower analyst targets.
Euro quote and market value
Wynn Resorts was trading at EUR 65.04 at Lang & Schwarz on October 29, 2026, at 2:05 p.m. CET. The primary listing is Nasdaq, and market capitalization stood at USD 7.4 billion as of October 28, 2026.
The company website lists 28,205 employees, 9,667 rooms and suites, 81 restaurants and 22 Forbes Five-Star Awards, giving the earnings report a broad operating base to measure.
The further course of trading is shown by the continuously updated real-time quote of Wynn Resorts stock.
Wynn Resorts key data
- Company: Wynn Resorts, Limited
- ISIN: US9831341071
- Ticker: WYNN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 29, 2026, 2:05 p.m. CET): EUR 65.04
- Market capitalization: USD 7.4 billion (as of October 28, 2026)
- 52-week range: USD 70.79-134.72 (as of October 28, 2026)
- Sector / Industry: Consumer Discretionary / Casinos and Gaming
- Index membership: S&P 500
Market context: Market report S&P 500.
