Wynn Resorts, Limited (WYNN) earnings on May 7, 2026
More Wynn Resorts, Limited earnings
Prior outlook: Pessimistic Outcome: Accurate
The stock barely moved at the start then dropped sharply, closing down over 4% after the earnings report raised concerns about recent performance.
WYNN price around the earnings
102.39
Change: -4.1%
2026-05-08, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Mixed contexts: analyst optimism faces technical and news headwinds.
Analysts have an optimistic outlook with a high price target, but recent performance shows weakness. A delay in a UAE resort due to geopolitical issues is also a concern.
Context analyzed before publication
- Summary
- Mixed contexts: analyst optimism faces technical and news headwinds.
- Reasoning
- Analysts have a positive outlook with a high price target, but recent performance shows weakness. A delay in a UAE resort due to geopolitical issues is also a concern.
- Playbook
- The outlook is mixed, with a clearer trend or more favorable reference area being a relevant factor. Upcoming news on the UAE resort development remains a key variable.
- Trend
- Underperforming benchmark into earnings, negative trend.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain a strong buy recommendation with a price target pointing to an optimistic scenario. Several firms have recently issued positive ratings.
Evidence
- Analyst consensus
- Strong buy
- Consensus average (1-5)
- 1.21
- Analysts covering the stock
- 18
- Average price target
- 139.83
- Lowest price target
- 118
- Highest price target
- 152
- Upside to price target
- 29.8%
- Quarterly earnings growth
- -63.9%
- Revenue growth
- 1.5%
- Forward EPS
- 5.75
- Trailing EPS
- 3.14
- Analyst moves in the last 60 days
- 3
- Strong buy: 4
- Buy: 15
- Hold: 0
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 15
- Hold
- 0
- Sell
- 0
- Strong sell
- 0
- April 16, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- April 16, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- April 6, 2026 · Jefferies: Maintains rating (Buy → Buy)
News and sentiment
Drivers
-
News & sentiment
Negative
A new resort project in the UAE has been delayed. This is due to ongoing geopolitical tensions, which presents a challenge for future operations.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- 'Wynn Weighs Delayed Opening of Its UAE Resort Due to Iran War' - Bloomberg — Benzinga
- Susquehanna Maintains Positive on Wynn Resorts, Lowers Price Target to $127 — Benzinga
- Wells Fargo Maintains Overweight on Wynn Resorts, Lowers Price Target to $144 — Benzinga
- Live On CNBC, Jim Lebenthal Announces Bought More Wynn Resorts — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has seen a recent decline and is underperforming the broader market. It is also approaching a price level where selling pressure has previously emerged.
Evidence
- Average true range (ATR)
- 2.6%
- Distance to 52-week high
- -20.1%
- 14-day change (14d)
- -1.4%
- 30-day change
- +5.7%
- 30-day relative strength
- -6.3%
- Benchmark change
- +12.0%
- Nearest support
- 96.18
- Nearest resistance
- 111.93
- Volume accumulation ratio
- 0.8
Trends
Evidence
- Average earnings surprise
- -23.1%
- February 12, 2026: actual EPS 1.17 vs estimate 1.48 (surprise -20.7%)
- November 6, 2025: actual EPS 0.85 vs estimate 1.04 (surprise -18.1%)
- August 7, 2025: actual EPS 1.09 vs estimate 1.2 (surprise -8.8%)
- May 6, 2025: actual EPS 0.69 vs estimate 1.25 (surprise -44.9%)
Expected move
Drivers
-
Past earnings
Negative
The company has a history of missing earnings expectations, with significant negative surprises. The most recent quarter also fell short of projections.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.2%
- 75th percentile move
- 5.6%
- 90th percentile move
- 8.7%
- Up / down moves
- 9 / 10
- Average up move
- +5.2%
- Average down move
- -2.9%
Monitoring and close
What Wynn Resorts, Limited reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -4.2%
- Max favorable move (MFE)
- 6.7%
- Max adverse move (MAE)
- 0%