LVS Stock Forecast & Price Target

Las Vegas Sands is poised for growth, fueled by a robust Macao market which saw gross gaming revenue increase by 12% to $7.7 billion in the third quarter of 2025, driven largely by premium segments and a strong performance in the mass gaming sector. The company's ongoing capital investment programs and strategic shift toward aggressive customer reinvestment have contributed to notable market share gains and a significant year-over-year increase in mass win by 35%, while rolling volume surged by 38%, indicating a favorable competitive landscape. Additionally, sustained strong performance in Singapore, with EBITDA reaching $743 million, coupled with management's expectations of double-digit EBITDA CAGR through 2027, further underscores the positive outlook for Las Vegas Sands's financial trajectory.

Las Vegas Sands shows a negative outlook primarily due to its weak Price Momentum, which highlights the stock's history of underperformance over the medium to long term, often leading to continued lackluster returns. Despite a recent increase from $30 lows, the stock remains down 5% year-to-date, significantly lagging behind the S&P 500, which has gained 8%, and its valuation appears depressed at approximately 9.5x projected 2026 EBITDA. Additionally, there are concerns regarding Quality, indicating a less stable underlying earnings stream, which further contributes to the overall pessimistic sentiment surrounding the stock.