Las Vegas Sands (NYSE:LVS) Price Target Cut to $45.00 by Analysts at Bank of America

Key Points

• Bank of America cut Las Vegas Sands’ price target to $45 from $50 while maintaining a “neutral” rating. The new target implies about 20% upside from the stock’s previous close.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $56.39, though several firms have recently reduced their targets or ratings.
• Las Vegas Sands reported weaker-than-expected quarterly results, with EPS of $0.54 versus $0.68 expected and revenue of $3.22 billion versus $3.33 billion estimated; revenue declined 3.5% year over year.

Las Vegas Sands (NYSE:LVS - Get Free Report) had its price target decreased by stock analysts at Bank of America from $50.00 to $45.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the casino operator's stock. Bank of America's price target would indicate a potential upside of 20.10% from the stock's previous close.

A number of other equities analysts also recently weighed in on LVS. Weiss Ratings downgraded Las Vegas Sands from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday. Seaport Research Partners decreased their price target on shares of Las Vegas Sands from $69.00 to $59.00 and set a "buy" rating for the company in a research note on Thursday, July 23rd. Jefferies Financial Group lowered their price objective on shares of Las Vegas Sands from $52.00 to $47.00 and set a "hold" rating on the stock in a report on Thursday, July 23rd. Mizuho cut their price objective on shares of Las Vegas Sands from $67.00 to $61.00 and set an "outperform" rating on the stock in a research report on Thursday, July 23rd. Finally, HC Wainwright lowered shares of Las Vegas Sands to a "neutral" rating in a research report on Thursday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $56.39.

Las Vegas Sands Stock Performance

Shares of Las Vegas Sands stock opened at $37.47 on Thursday. The firm has a market cap of $24.27 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 0.99 and a beta of 0.78. The stock's 50-day moving average is $41.24 and its 200-day moving average is $46.86. Las Vegas Sands has a one year low of $35.28 and a one year high of $70.45. The company has a debt-to-equity ratio of 15.27, a current ratio of 1.00 and a quick ratio of 0.99.

Las Vegas Sands (NYSE:LVS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.14). The firm had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.33 billion. Las Vegas Sands had a return on equity of 133.90% and a net margin of 12.59%. The firm's quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 earnings per share. Equities analysts predict that Las Vegas Sands will post 3.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LVS. Pension & Wealth Management Advisors Inc. raised its holdings in shares of Las Vegas Sands by 13.9% in the 2nd quarter. Pension & Wealth Management Advisors Inc. now owns 2,012 shares of the casino operator's stock valued at $93,000 after purchasing an additional 245 shares during the period. Resona Asset Management Co. Ltd. grew its holdings in Las Vegas Sands by 0.4% during the first quarter. Resona Asset Management Co. Ltd. now owns 92,093 shares of the casino operator's stock worth $4,921,000 after purchasing an additional 331 shares during the period. Geneos Wealth Management Inc. increased its position in Las Vegas Sands by 73.4% during the first quarter. Geneos Wealth Management Inc. now owns 886 shares of the casino operator's stock worth $48,000 after buying an additional 375 shares during the last quarter. Janus Henderson Group PLC increased its position in Las Vegas Sands by 1.0% during the first quarter. Janus Henderson Group PLC now owns 40,491 shares of the casino operator's stock worth $2,132,000 after buying an additional 397 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in Las Vegas Sands by 7.2% in the first quarter. Parallel Advisors LLC now owns 5,988 shares of the casino operator's stock valued at $323,000 after buying an additional 403 shares during the period. Institutional investors own 39.16% of the company's stock.

Key Headlines Impacting Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Las Vegas Sands repurchased $950 million of its common stock during the quarter, supporting per-share results and signaling management’s confidence in the company’s long-term value. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: The board announced a 20% increase in the recurring dividend for calendar 2027, raising the annual payout to $1.44 per share, or $0.36 per quarter. Separately, the company declared a $0.30 quarterly dividend payable November 10 to shareholders of record November 2, representing a 3.2% indicated yield.
• Positive Sentiment: Macau mass-market gaming revenue share reached 26.1% in the quarter, and the company continues to increase its investment in Macau through its Sands China subsidiary, whose ownership has risen above 75.5%. Las Vegas Sands: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: JPMorgan maintained an “overweight” rating but reduced its LVS price target to $54 from $60, reflecting more cautious near-term assumptions while still implying substantial potential upside from recent levels. JPMorgan Adjusts Price Target on Las Vegas Sands
• Negative Sentiment: The quarterly earnings miss was accompanied by a year-over-year decline in EPS from $0.78 to $0.54 and weaker-than-expected revenue, increasing concerns about profit momentum. Las Vegas Sands Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Reports cited soft Macau gaming trends and weakness in destination gaming, including Singapore, as key factors weighing on results and investor sentiment. Las Vegas Sands Disappoints on China, Destination Gaming Weakness
• Negative Sentiment: JPMorgan’s more pessimistic forecast and recent analyst target reductions add pressure to the stock as investors reassess the recovery outlook in the company’s key Asian markets.

Las Vegas Sands Company Profile

Las Vegas Sands Corp. NYSE: LVS is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands' principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.

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