14 Best Consumer Discretionary Stocks to Buy Right Now

12. Wynn Resorts Limited (NASDAQ:WYNN)

Number of Hedge Fund Holders: 51

Wynn Resorts Limited (NASDAQ:WYNN) is one of the 14 Best Consumer Discretionary Stocks to Buy Right Now.

Wells Fargo analyst Trey Bowers, on February 13, trimmed its target price on Wynn Resorts by 3.3% to $147 (from $152), but retained its Overweight call on the stock. The firm attributed its decision to reduce the target price to weaker-than-expected hold levels across all of Wynn Resorts’ major regions. This caused the company’s EBITDA, which would have been inline otherwise, to miss Wells Fargo’s estimate. Nonetheless, the firm still likes the company’s growth outlook in the years to come, thereby justifying the retained Overweight rating.

This research update from Wells Fargo comes a day after Wynn Resorts released its Q4 2025 earnings on February 12. Q4 report showed that the company missed earnings expectations, with its attributable net income falling 63.9% YoY to $100.0 million. Adjusted Property EBITDAR, which is the company’s preferred KPI, told a similar (albeit less drastic) story, declining 8.1% YoY to $568.8 million.

Slow revenue growth (1.5% YoY) relative to cost growth (8.3% YoY), leading to margin contraction, is to blame for this miss. Room revenue was the biggest culprit, as a decline in average daily rate in the Macau properties (between 10% to 26% YoY) combined with lower occupancy % in the Las Vegas properties (~3% points) caused room revenue to fall 6.2% YoY. Casino revenue also suffered, as the hold rates (which are the % of total bets that the company retains or “wins”) declined across all of Wynn Resorts’ locations.

Despite the disappointing Q4, the company’s long-term growth story is intact, especially as the completion of the Wynn Al Marjan Island nears. Management says that this new site is on track for an early 2027 opening.

Wynn Resorts Limited (NASDAQ:WYNN) owns and operates integrated resorts and casinos in Las Vegas, Macau, London, and Massachusetts. The company is based in Las Vegas, Nevada, and was founded in 2002 by Stephen Alan Wynn, Elaine P. Wynn, and Kazuo Okada.