Bank of America Cuts Las Vegas Sands (NYSE:LVS) Price Target to $60.00

Las Vegas Sands (NYSE:LVS) had its price objective decreased by Bank of America from $70.00 to $60.00 in a report issued on Monday,Benzinga reports. Bank of America currently has a neutral rating on the casino operator’s stock.

A number of other research firms also recently weighed in on LVS. Morgan Stanley upped their price target on shares of Las Vegas Sands from $67.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Jefferies Financial Group lifted their price objective on Las Vegas Sands from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. Mizuho boosted their target price on Las Vegas Sands from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group lowered their target price on Las Vegas Sands from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Finally, HSBC upped their target price on Las Vegas Sands from $73.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Las Vegas Sands has an average rating of “Moderate Buy” and a consensus target price of $65.31.

Las Vegas Sands Stock Performance

Shares of LVS opened at $45.26 on Monday. The company has a market capitalization of $29.99 billion, a PE ratio of 16.76, a PEG ratio of 1.12 and a beta of 0.83. The company has a debt-to-equity ratio of 8.64, a quick ratio of 0.91 and a current ratio of 0.92. The company’s 50 day moving average price is $48.43 and its 200 day moving average price is $53.40. Las Vegas Sands has a 52 week low of $44.22 and a 52 week high of $70.45.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, July 22nd. The casino operator reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.17). The company had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Las Vegas Sands had a return on equity of 118.27% and a net margin of 13.41%.The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 EPS. Research analysts expect that Las Vegas Sands will post 3.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Grove Bank & Trust bought a new stake in Las Vegas Sands in the fourth quarter worth $26,000. International Assets Investment Management LLC acquired a new position in Las Vegas Sands during the fourth quarter worth $26,000. DV Equities LLC acquired a new position in Las Vegas Sands during the fourth quarter worth $28,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in Las Vegas Sands during the fourth quarter valued at about $29,000. Finally, Wilmington Savings Fund Society FSB raised its holdings in Las Vegas Sands by 254.8% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 557 shares of the casino operator’s stock valued at $36,000 after buying an additional 400 shares in the last quarter. Institutional investors own 39.16% of the company’s stock.

Las Vegas Sands News Summary

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

• Negative Sentiment: Las Vegas Sands missed Wall Street’s Q2 expectations, posting adjusted EPS of $0.59 versus the $0.77 consensus and revenue of $3.15 billion versus the expected $3.31 billion, signaling softer-than-anticipated results. Article title: Las Vegas Sands (LVS) Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: Investors are also weighing weak Macau gaming trends, with recent data showing year-over-year declines in gross gaming revenue and ongoing margin pressure from higher spending on staffing and property positioning. Article title: Las Vegas Sands Slides Ahead of Earnings as Macau Weakness Weighs
• Neutral Sentiment: The company boosted shareholder returns by repurchasing $787 million of stock in the quarter and increasing its buyback authorization to $6.0 billion, which may help support sentiment over time. Article title: Las Vegas Sands Reports Second Quarter 2026 Results
• Neutral Sentiment: Analyst coverage was mixed, with Susquehanna trimming its price target to $64 from $72 while keeping a positive rating, adding to the cautious tone around the stock. Article title: Susquehanna cuts Las Vegas Sands price target

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.