Las Vegas Sands (NYSE:LVS – Get Free Report) had its price target dropped by analysts at Susquehanna from $64.00 to $63.00 in a research report issued to clients and investors on Wednesday, Marketbeat reports. The brokerage currently has a “positive” rating on the casino operator’s stock. Susquehanna’s price objective suggests a potential upside of 36.71% from the company’s current price.
A number of other analysts have also recently commented on the company. UBS Group set a $52.00 price target on Las Vegas Sands in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft cut their price target on Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group lowered their price objective on Las Vegas Sands from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. HSBC lifted their price objective on Las Vegas Sands from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group increased their target price on Las Vegas Sands from $61.00 to $63.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $62.31.
View Our Latest Analysis on Las Vegas Sands
Las Vegas Sands Trading Up 1.8%
Las Vegas Sands (NYSE:LVS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The casino operator reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.17). Las Vegas Sands had a return on equity of 117.08% and a net margin of 12.59%.The business had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter last year, the company posted $0.66 EPS. Las Vegas Sands’s revenue for the quarter was down .7% compared to the same quarter last year. As a group, sell-side analysts expect that Las Vegas Sands will post 3.35 EPS for the current fiscal year.
Hedge Funds Weigh In On Las Vegas Sands
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Swiss Life Asset Management Ltd increased its stake in Las Vegas Sands by 116.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 148,196 shares of the casino operator’s stock worth $9,646,000 after purchasing an additional 79,641 shares during the period. Crossmark Global Holdings Inc. grew its stake in Las Vegas Sands by 411.5% in the 4th quarter. Crossmark Global Holdings Inc. now owns 44,208 shares of the casino operator’s stock worth $2,877,000 after acquiring an additional 35,566 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of Las Vegas Sands by 40.6% during the fourth quarter. Wealthfront Advisers LLC now owns 67,446 shares of the casino operator’s stock worth $4,390,000 after acquiring an additional 19,488 shares during the period. Perpetual Ltd purchased a new position in shares of Las Vegas Sands during the fourth quarter worth approximately $2,051,000. Finally, SG Americas Securities LLC raised its stake in shares of Las Vegas Sands by 2,655.3% during the fourth quarter. SG Americas Securities LLC now owns 878,022 shares of the casino operator’s stock valued at $57,150,000 after acquiring an additional 846,155 shares in the last quarter. Institutional investors own 39.16% of the company’s stock.
Las Vegas Sands News Roundup
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Several analysts still remain constructive on LVS despite the selloff, with JPMorgan and Stifel both lowering price targets to $60 while keeping overweight/buy ratings, suggesting they still see meaningful upside from current levels. Analyst price target updates
- Positive Sentiment: The company continued returning cash to shareholders, repurchasing $787 million of stock in the quarter and raising its buyback authorization to $6.0 billion, which may support sentiment over time. Q2 2026 results press release
- Neutral Sentiment: Management said Singapore remained a bright spot, while Marina Bay Sands stayed on track for an expansion project targeting early 2031, offering a longer-term growth angle. Seeking Alpha coverage
- Negative Sentiment: Q2 adjusted EPS came in at $0.59 versus estimates around $0.76-$0.77, and revenue of $3.15 billion also fell short of forecasts, reinforcing concerns about near-term operating momentum. Zacks earnings miss article
- Negative Sentiment: Weak Macau results remain the main drag, with lower rolling-play hold and softer gaming demand weighing on profitability and prompting analysts to trim estimates after earnings. Zacks Macau weakness article
Las Vegas Sands Company Profile
Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.
The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.
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