09:55 AM EST, 11/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month price target by $51 to $155, based on 10.4x our 2026 EBITDAR estimate and in between the company's three- and five-year average forward EV/EBITDAR multiples, reflecting our view the company is deserving of an above-peer multiple due to its positioning in the high-end or luxury market. We raise our FY 25 EPS estimate by $0.25 to $4.75 and FY 26 by $0.50 to $5.00. WYNN posted normalized FQ3 EPS of $0.86 vs. $0.90, $0.29 below consensus estimates on revenues of $1.83B vs. $1.69B and $60M above estimates. FQ3 adjusted property EBITDA increased 8% Y/Y to $570M and was $34M above estimates. By property in FQ3, Wynn Palace revenues increased 22% to $636M, Wynn Macau increased 4% to $366M, Las Vegas increased 2% to $621M, and Encore Boston revenue declined 1% to $212M. Adjusted property EBITDAR from Wynn Palace increased 23% to$200M while Wynn Macau increased 7% to $108M. Las Vegas adjusted property EBITDA was flat at $203M and Encore Boston declined 7% to $58M.