LVS Stock Forecast & Price Target

Las Vegas Sands has demonstrated strong financial performance, with Macau market gross gaming revenue increasing by 12% in 3Q25 to $7.7 billion, driven primarily by robust growth in the premium segments and significant year-over-year increases in mass win and rolling volume. The company reported $743 million of EBITDA from Singapore, exceeding consensus expectations, and is well-positioned for continued growth with additional market share gains anticipated and a projected double-digit EBITDA compound annual growth rate through 2027. Furthermore, successful capital investments and the completion of the Londoner's opening enhance LVS's competitive positioning, reinforcing a positive outlook for future earnings growth.

Las Vegas Sands has exhibited weak medium to long-term price momentum, which typically signals ongoing challenges that may persist in the future. Despite experiencing a rebound from ~$30 lows in April, the stock remains down 5% year-to-date compared to an 8% increase in the S&P 500, and its valuation appears depressed at approximately 9.5x 2026E EBITDA. Additionally, the company's quality exposure is weak, suggesting a less stable underlying earnings stream, which contributes to a negative outlook on its stock performance.