Published on: December 8, 2025, 07:00h.
Updated on: December 7, 2025, 06:01h.
- Wynn’s Price Target Elevated by Analysts After UAE Investor Day
- Analyst Estimates UAE Casino Resort Could Reflect $21 Increase in Share Value
- Characterizes Wynn’s UAE Initiative as “Intriguing”
Following an analyst tour and investor day held in the United Arab Emirates (UAE) last week, Wynn Resorts (NASDAQ: WYNN) is receiving optimistic price target adjustments from several analysts.
In a client note issued on Sunday, Jefferies analyst David Katz maintained a “buy” recommendation for Wynn, raising his price target from $146 to $155 per share. Stifel analyst Steven Wieczynski has been even more optimistic, increasing his price goal for the stock to $160. The projected $5.1 billion Wynn Al Marjan Island is central to the positive outlook, with Katz emphasizing encouraging demographic trends in the UAE as key factors driving the Wynn venture.
The expanding local population and the substantial influx of high-net-worth individuals to the UAE—growing ten times compared to pre-COVID levels (an estimated 9,800 in 2025)—present significant opportunities,” notes Katz. “We expect substantial wealth growth among high-income groups to persist through 2030, fueled by no income tax, strong global safety metrics, progressive visa reforms, advanced infrastructure, and effective wealth management.”
Set to open in the first quarter of 2027, Wynn Al Marjan Island will represent the first regulated gaming facility in the Middle East. Katz estimates that the project could add approximately $21 to Wynn’s share price.
Potential for UAE Gaming Market Might Be Underestimated
Wynn’s planned venue is anticipated to significantly enhance tourism in a region already rich in international visitors. This could propel the UAE’s position as a key player in the global gaming landscape.
Some forecasts suggest that as the market mature and more integrated resorts are established, the annual gross gaming revenue (GGR) could range from $3 billion to $5 billion. This potential growth could enable the UAE to potentially surpass Singapore as the third-largest global casino market. Katz categorized this $3 billion to $5 billion estimation as “cautiously optimistic,” a sentiment echoed by his counterpart at Stifel regarding Wynn.
Highlighting a long-term anticipated deficit in hotel room availability in Ras Al Khaimah, Wieczynski suggests Wynn’s projections for the UAE casino might be overly conservative.
“In conclusion, we foresee substantial upside potential for WYNN’s existing UAE forecasts,” states the Stifel analyst. “With a four-to-five-year lead on any competitors, robust demographic expansion in the area, and a management team that has demonstrated expertise in managing integrated resorts, we believe WYNN’s UAE venture is currently undervalued or improperly interpreted by investors.”
Wynn Remains Focused on Macau…For the Time Being
With the Wynn Al Marjan Island opening approximately 15 months away, the trajectory of its stock is likely to be influenced by the company’s Wynn Macau operations, which could be advantageous for investors since Macau stocks, including Wynn’s, are performing well this year.
“In the lead-up to the 2027 opening, WYNN shares will likely be influenced by the unpredictable outlook for the Macau market, expected to yield moderate to solid growth, alongside Las Vegas, which appears to be nearing peak activity levels,” adds Katz.
Wynn’s current reliance on Macau underscores the critical importance of effective execution in the UAE, as investors anticipate that the new Middle Eastern casino will serve as a vital long-term geographical diversification strategy for the Las Vegas-based company.