Citigroup cuts target for Wynn Resorts stock from USD 135 to USD 103
Published on 10/15/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst reset and earnings calendar
- Citigroup cut its Wynn Resorts target from USD 135.00 to USD 103.00 on October 12, 2026.
- Second-quarter 2026 revenue reached USD 1.86 billion and earnings per share were USD 1.32.
- Wynn Resorts stock trades at EUR 66.08 at 12:21 p.m. CEST at Lang & Schwarz on October 15, 2026.
- Third-quarter results are scheduled for November 5, 2026, after the market close.
Wynn Resorts (ISIN US9831341071) was trading at EUR 66.08 at Lang & Schwarz on October 15, 2026 at 12:21 p.m. CEST. The latest analyst move came from Citigroup, which cut its target from USD 135.00 to USD 103.00 while retaining a Buy rating, according to MarketBeat on October 12, 2026.
Citigroup resets the valuation bar
The target reduction puts the current analyst debate on valuation rather than on the companys latest reported quarter. Citigroup kept its Buy rating even as the target fell by USD 32.00, a 23.70 percent reduction from USD 135.00. The target change was reported by MarketBeat.
What does the next quarter test?
Wynn Resorts reported second-quarter 2026 revenue of USD 1.86 billion and diluted earnings per share of USD 1.32, according to MarketBeat. Revenue was 6.90 percent higher than a year earlier, while earnings per share exceeded the cited USD 0.99 consensus by USD 0.25.
The companys chronology is clear: on August 4, 2026, it reported USD 1.86 billion of second-quarter revenue; on October 6, 2026, it announced a November results date; on October 12, 2026, Citigroup cut its target to USD 103.00. Each event adds a different test for the stock, from operating performance to timing and valuation.
Dates investors can mark
Wynn Resorts scheduled its third-quarter 2026 results for November 5, 2026, after the market close, with a conference call at 4:30 p.m. ET. The company said the call replay will remain available through December 4, 2026.
Price stays tied to the next test
The euro quotation gives German investors a live reference ahead of the November report, while the analyst reset supplies a clear valuation counterpoint. Wynn Resorts operates luxury integrated resorts combining casinos, hotels, dining, retail and convention facilities across Las Vegas, Macau and Boston.
Wynn Resorts was trading at EUR 66.08 at Lang & Schwarz on October 15, 2026 at 12:21 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Wynn Resorts stock.
Wynn Resorts stock facts
- Company: Wynn Resorts, Limited
- ISIN: US9831341071
- Ticker: WYNN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 12:21 p.m. CEST): EUR 66.08
- Market capitalization: USD 7.6 billion (as of October 14, 2026)
- 52-week range: USD 73.07-134.72 (as of October 14, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts and Casinos
Market context: Market report S&P 500.
