Wynn Resorts, Limited (WYNN)

Wynn Resorts has rallied hard into November, with the stock up 12.38% over the past week and 16.17% over the past month, lifting it to $87.30 and 26% of the way up its 52-week range. The rebound follows a weak quarterly report: EPS of $0.33 on an adjusted basis missed the $0.59 estimate by 44.07%, and revenue shrank 7.90% year on year. Shares still rose 4.78% in the first session after that report, and every analyst on record kept a buy-equivalent rating in the two sessions that followed. The stock remains well below its 200-day average and its one-year return is down 32.26%, so the recovery is so far a move back toward the middle of the range rather than a change in the longer trend.

The November 5, 2026 report was a miss: adjusted EPS of $0.33 came in 44.07% below the $0.59 analysts had expected, and the stock still rose 4.78% in the first session afterward. Analysts responded by keeping their ratings intact. Macquarie and JP Morgan each kept their ratings on November 6 and again on November 7, and Barclays and Wells Fargo kept Overweight ratings on November 6. The reaction suggests that much of the weakness was already priced in, and the rally since then has carried the stock 12.38% higher over the past week.

The earnings record is mixed. The February 12, 2026 and November 6, 2025 reports both missed, by 20.95% and 25.22%.

The trailing P/E of 24.66 is broadly in line with peers, 18.6% above the sector median of 20.8. The price-to-sales ratio of 1.23 sits 35.3% below the sector median of 1.9. The net profit margin is 5.20% and the operating margin is 11.67%. Insiders recorded $763K of sales over the last 18 months and no open-market purchases; those sales are often planned in advance or made to cover tax on vesting shares, so they are a weaker signal than purchases would be.

The base case is that WYNN keeps working off its long decline while earnings expectations stabilise. Analysts expect EPS to shrink 9.3% this fiscal year to $3.80, then grow 8.6% to $4.12 in the following fiscal year, and expect revenue to grow 2.4% this year. For the rebound to extend, the price needs to hold above the 50-day average and then reclaim the 200-day average at $97.32; that would show the stock recovering the ground lost over the past year. The median 12-month analyst target is $119.00, with a range from $92.00 to $136.00, so analysts see room above the current price. The negative case is a return of the revenue decline or another large miss, which would test the 50-day average and the 52-week low at $70.79. Simulations from past volatility are not forecasts, but a typical daily move of 2.64% implies that swings of this size are normal for the stock.

Support sits at $80.43, the 50-day simple moving average, which the price has recently moved above; a fall toward it would be the first test of the recent rally. Below that is the 20-day exponential moving average at $79.23, a second point where the short-term trend could stall. The 52-week low at $70.79 is the deeper floor and marks the lowest trading level of the past year. Resistance begins at the 200-day simple moving average of $97.32, the level a continued rise would meet first and the average the stock has failed to hold above in this period. Beyond that is the 52-week high of $134.72.