Las Vegas Sands Corp. (LVS) Stock Falls on Q4 2025 Earnings

Las Vegas Sands Corp. (LVS) reported Q4 2025 results. Revenue rose to $3.65 billion, up 26.0% year-over-year, beating the revenue estimate of $3.37 billion. Diluted earnings per share were $0.58, a 28.89% increase year-over-year, below the EPS estimate of $0.77.

Revenue: $3.65 billion (+26.0% YoY)

Gross profit: $1.41 billion (-0.35% YoY)

Operating profit: $707 million (+19.83% YoY)

Net income attributable to common shareholders: $395 million (+21.91% YoY)

Diluted EPS: $0.58 (+28.89% YoY)

Cash from operating activities: $1.12 billion (+21.86% YoY)

Purchases of property, plant and equipment: $(229 million) (-58.14% YoY)

Cash and cash equivalents: $3.35 billion (-8.14% YoY)

Cost of sales: $2.24 billion (+51.08% YoY)

Total liabilities: $19.64 billion (+12.16% YoY)

Market reaction: shares fell about 7.77% after the close.

Analyst consensus: estimated EPS $0.77 and estimated revenue $3.37 billion.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Las Vegas Sands Corp. Insider Trading Activity

Las Vegas Sands Corp. insiders have traded $LVS stock on the open market 30 times in the past 6 months. Of those trades, 0 have been purchases and 30 have been sales.

Here’s a breakdown of recent trading of $LVS stock by insiders over the last 6 months:

ROBERT G GOLDSTEIN (Chairman & CEO) has made 0 purchases and 18 sales selling 4,500,000 shares for an estimated $286,787,121.
PATRICK DUMONT (President & COO) has made 0 purchases and 4 sales selling 363,260 shares for an estimated $25,125,960.
D. ZACHARY HUDSON (EVP and Global General Counsel) has made 0 purchases and 2 sales selling 153,257 shares for an estimated $10,246,695.
MIRIAM ADELSON sold 77,991 shares for an estimated $5,269,071
RANDY HYZAK (EVP & CFO) has made 0 purchases and 2 sales selling 57,545 shares for an estimated $3,823,646.
IRWIN CHAFETZ sold 30,000 shares for an estimated $2,092,800
CHARLES D FORMAN has made 0 purchases and 2 sales selling 30,000 shares for an estimated $1,608,900.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Las Vegas Sands Corp. Hedge Fund Activity

We have seen 378 institutional investors add shares of Las Vegas Sands Corp. stock to their portfolio, and 286 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL RESEARCH GLOBAL INVESTORS removed 15,252,311 shares (-30.9%) from their portfolio in Q3 2025, for an estimated $820,421,808
JANUS HENDERSON GROUP PLC removed 6,689,475 shares (-99.4%) from their portfolio in Q3 2025, for an estimated $359,826,860
ARGA INVESTMENT MANAGEMENT, LP removed 5,630,726 shares (-56.1%) from their portfolio in Q3 2025, for an estimated $302,876,751
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 4,154,753 shares (+410.2%) to their portfolio in Q3 2025, for an estimated $223,484,163
CITADEL ADVISORS LLC added 3,241,856 shares (+61.5%) to their portfolio in Q3 2025, for an estimated $174,379,434
M&T BANK CORP added 3,051,071 shares (+33102.6%) to their portfolio in Q4 2025, for an estimated $198,594,211
INVESCO LTD. removed 3,037,060 shares (-30.7%) from their portfolio in Q3 2025, for an estimated $163,363,457

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Las Vegas Sands Corp. Analyst Ratings

Wall Street analysts have issued reports on $LVS in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Goldman Sachs issued a "Buy" rating on 12/15/2025
Argus Research issued a "Buy" rating on 12/01/2025
Macquarie issued a "Outperform" rating on 10/23/2025
Mizuho issued a "Outperform" rating on 10/23/2025
JP Morgan issued a "Overweight" rating on 10/23/2025
Susquehanna issued a "Positive" rating on 10/22/2025

To track analyst ratings and price targets for Las Vegas Sands Corp., check out Quiver Quantitative's $LVS forecast page.

Las Vegas Sands Corp. Price Targets

Multiple analysts have issued price targets for $LVS recently. We have seen 11 analysts offer price targets for $LVS in the last 6 months, with a median target of $67.0.

Here are some recent targets:

Stephen Grambling from Morgan Stanley set a target price of $67.0 on 01/16/2026
Brandt Montour from Barclays set a target price of $65.0 on 01/16/2026
Lizzie Dove from Goldman Sachs set a target price of $80.0 on 12/15/2025
Robin Farley from UBS set a target price of $68.0 on 12/08/2025
John Staszak from Argus Research set a target price of $80.0 on 12/01/2025
Trey Bowers from Wells Fargo set a target price of $66.0 on 11/18/2025
Steven Wieczynski from Stifel set a target price of $68.0 on 10/23/2025