Deutsche Bank cuts target to USD 119 for Wynn Resorts stock
Published on 10/18/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- On October 16, 2026, Deutsche Bank cut its Wynn Resorts target from USD 139.00 to USD 119.00.
- Second-quarter revenue rose 6.90 percent year over year to USD 1.86 billion.
- Wynn Resorts stock stood at EUR 71.39 at 4:14 p.m. CEST on September 28, 2026 at gettex.
Wynn Resorts, Limited (ISIN US9831341071) became the subject of a fresh target cut as Deutsche Bank lowered its price target to USD 119.00 from USD 139.00 on October 16, 2026, according to FUTU. The change arrived ahead of the company's third-quarter report.
Target cuts reshape the setup
Deutsche Bank's USD 20.00 reduction followed other recent revisions. Goldman Sachs cut its target to USD 102.00 from USD 119.00 on October 13, 2026, while keeping a Buy rating, as Markets Insider reported. The sequence puts the latest target 57.43 percent above the USD 75.60 Nasdaq close on October 16, 2026, using the same currency for comparison.
Three dated signals for Wynn
On October 6, 2026, Wynn Resorts announced a November 5, 2026 release date for third-quarter results covering the period ended September 30, 2026, as reported by Financial Times. Goldman Sachs followed with its October 13 target cut to USD 102.00. Deutsche Bank's October 16 reduction to USD 119.00 is the latest of the three events.
What does the target mean?
The target revisions contrast with the company's second-quarter operating figures. Revenue increased 6.90 percent year over year to USD 1.86 billion, while earnings per share reached USD 1.24 and exceeded the USD 0.99 consensus estimate, according to MarketBeat. The market question is whether upcoming results can support that earnings profile while analysts reset expectations for the gaming operator.
Results date sets the next test
Wynn Resorts is scheduled to release third-quarter results after the US market close on November 5, 2026. The conference call is scheduled for 4:30 p.m. ET that day, according to the company announcement carried by the Financial Times.
Euro quotation remains dated
The euro quotation stood at EUR 71.39 at gettex at 4:14 p.m. CEST on September 28, 2026. On the Nasdaq, Wynn Resorts closed at USD 75.60 on October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of Wynn Resorts stock.
Wynn Resorts stock key data
- Company: Wynn Resorts, Limited
- ISIN: US9831341071
- Ticker: WYNN
- Primary exchange: NASDAQ
- Market capitalization: USD 7.8 billion (as of October 16, 2026)
- Sector / Industry: Consumer Discretionary / Casinos and gaming
Market context: Market report S&P 500.
