Intel stock spikes after report of possible US government stake
Wynn Resorts Limited (NASDAQ:WYNN) stock reached a 52-week high of 112.37 USD, marking a significant milestone for the $11.54 billion market cap company. Over the past year, the stock has experienced a remarkable 51.31% increase, with impressive year-to-date gains of 26.75%, reflecting strong investor confidence and positive market sentiment. According to InvestingPro analysis, the stock appears slightly undervalued at current levels. This surge underscores the company’s resilience and potential growth prospects amidst a dynamic economic environment, supported by robust gross profit margins of 68.32%. The 52-week high achievement highlights Wynn Resorts’ ability to navigate challenges and capitalize on opportunities within the hospitality and gaming sectors. InvestingPro data reveals management has been actively buying back shares, demonstrating confidence in the company’s future. For deeper insights and additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Wynn Resorts reported its second-quarter earnings for 2025, which revealed a shortfall in earnings per share (EPS) compared to analyst expectations. The company posted an EPS of $1.09, falling short of the projected $1.20. Revenue, however, matched forecasts at $1.74 billion. In response to these developments, several investment firms have adjusted their price targets for Wynn Resorts. Stifel increased its price target to $130, citing solid performance in Las Vegas and Boston markets. Mizuho (NYSE:MFG) also raised its target to $126, noting improving conditions in Macau. Additionally, Macquarie lifted its target to $124, highlighting the company’s appeal as a "premium luxury value stock." These adjustments reflect analysts’ continued confidence in Wynn Resorts despite the recent earnings miss.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.