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Investing.com - UBS raised its price target on Las Vegas Sands (NYSE:LVS) to $55.00 from $48.00 on Wednesday, while maintaining a Neutral rating on the casino operator’s stock. The new target aligns with broader analyst sentiment, as InvestingPro data shows analyst targets ranging from $47.00 to $72.50, with the stock currently trading at $53.28.
The price target increase follows Las Vegas Sands’ second-quarter earnings report, which showed significant outperformance at the company’s Marina Bay Sands resort in Singapore.
UBS updated its financial model based on the Q2 results, leading to higher earnings estimates for Las Vegas Sands due to the strong Singapore performance.
The investment firm continues to value Las Vegas Sands based on approximately 10 times 2026 estimated EV/EBITDA for its Singapore operations and about 8-9 times 2026 estimated EV/EBITDA for its Macau business.
Despite the price target increase, UBS maintained its Neutral rating on Las Vegas Sands stock, indicating a balanced view on the company’s near-term prospects.
In other recent news, Las Vegas Sands Corp. reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved earnings per share of $0.79, significantly higher than the forecasted $0.53, and generated revenue of $3.18 billion, exceeding the anticipated $2.84 billion. This performance represents an 11.97% surprise in revenue. In addition to the earnings announcement, Citi raised its price target for Las Vegas Sands to $72.50 from $70.50, maintaining a Buy rating, citing record-high quarterly EBITDA at Marina Bay Sands. Stifel also increased its price target to $60, maintaining a Buy rating, while highlighting the strong performance at Marina Bay Sands in Singapore. Mizuho (NYSE:MFG) raised its price target to $56, maintaining an Outperform rating, although noting mixed results across the company’s international operations. These developments reflect strong performance and positive analyst sentiment for Las Vegas Sands.
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