Wynn Resorts Slides as Risk-Off Trading Meets Macau Growth Questions

Wynn Resorts (WYNN) is down 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: There does not appear to be a fresh company-specific negative announcement today, so the pullback looks tied more to market sentiment and Macau demand concerns. This could be because investors are rotating out of consumer and casino names as oil prices rise and broader equities weaken, while recent industry checks have pointed to softer-than-hoped August gaming growth in Macau.

Details:

The company’s most recent quarterly update showed second-quarter revenue rising to $1.86 billion and net income increasing year over year, with stronger results in Macau offset by weaker property-level earnings in Las Vegas and Boston.

The same update said the UAE resort project is now expected to open in September 2027, and the company has already contributed more than $1 billion to that development, keeping focus on execution risk and capital needs.

The Macau subsidiary then posted stronger first-half results on August 27, including higher revenue, sharply improved profit, and an interim dividend, which suggests today’s move was not driven by a new earnings miss.

Recent industry forecasts for August Macau gaming revenue were trimmed after a slowdown in the month’s run rate, which can pressure shares of operators with significant Macau exposure.

Sources:

Wynn Resorts, SEC, AP, Asia Gaming Brief

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$WYNN Hedge Fund Activity

We have seen 211 institutional investors add shares of $WYNN stock to their portfolio, and 349 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

EGERTON CAPITAL (UK) LLP removed 2,069,751 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $210,183,214
CITADEL ADVISORS LLC added 1,670,638 shares (+2790.9%) to their portfolio in Q2 2026, for an estimated $162,202,243
JPMORGAN CHASE & CO added 1,452,023 shares (+inf%) to their portfolio in Q2 2026, for an estimated $140,976,913
BAMCO INC /NY/ removed 1,044,518 shares (-60.1%) from their portfolio in Q2 2026, for an estimated $101,412,252
ALYESKA INVESTMENT GROUP, L.P. added 1,022,524 shares (+inf%) to their portfolio in Q2 2026, for an estimated $99,276,855
CAPITAL WORLD INVESTORS added 931,873 shares (+10.5%) to their portfolio in Q2 2026, for an estimated $90,475,549
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 856,066 shares (+inf%) to their portfolio in Q2 2026, for an estimated $83,115,447

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$WYNN Congressional Stock Trading

Members of Congress have traded $WYNN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $WYNN stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$WYNN Price Targets

Multiple analysts have issued price targets for $WYNN recently. We have seen 11 analysts offer price targets for $WYNN in the last 6 months, with a median target of $134.0.

Here are some recent targets:

Brandt Montour from Barclays set a target price of $134.0 on 07/09/2026
Barry Jonas from Truist Securities set a target price of $125.0 on 07/08/2026
Chad Beynon from Macquarie set a target price of $143.0 on 07/07/2026
Stephen Grambling from Morgan Stanley set a target price of $133.0 on 05/14/2026
Ben Chaiken from Mizuho set a target price of $133.0 on 05/12/2026
Shaun Kelley from B of A Securities set a target price of $140.0 on 05/11/2026
James Hardiman from Citigroup set a target price of $132.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.