Las Vegas Sands (NYSE:LVS) Price Target Cut to $45.00 by Analysts at Bank of America

Las Vegas Sands (NYSE:LVS) had its target price reduced by equities researchers at Bank of America from $50.00 to $45.00 in a research note issued on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the casino operator’s stock. Bank of America’s price target suggests a potential upside of 20.10% from the stock’s current price.

Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. cut their price objective on shares of Las Vegas Sands from $60.00 to $54.00 and set an “overweight” rating for the company in a research report on Tuesday. Barclays decreased their target price on Las Vegas Sands from $59.00 to $57.00 and set an “overweight” rating on the stock in a research report on Friday, October 9th. Morgan Stanley lowered their target price on Las Vegas Sands from $61.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Monday. Wolfe Research assumed coverage on Las Vegas Sands in a report on Wednesday, September 2nd. They set a “peer perform” rating for the company. Finally, Susquehanna dropped their price target on Las Vegas Sands from $63.00 to $51.00 and set a “positive” rating for the company in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and an average price target of $56.39.

Las Vegas Sands Price Performance

NYSE:LVS opened at $37.47 on Thursday. The company has a market cap of $24.27 billion, a P/E ratio of 14.58, a P/E/G ratio of 0.99 and a beta of 0.78. The firm’s fifty day moving average price is $41.24 and its two-hundred day moving average price is $46.86. Las Vegas Sands has a one year low of $35.28 and a one year high of $70.45. The company has a debt-to-equity ratio of 15.27, a current ratio of 1.00 and a quick ratio of 0.99.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, October 21st. The casino operator reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.14). Las Vegas Sands had a return on equity of 133.90% and a net margin of 12.59%. The company had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the business posted $0.78 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Equities analysts expect that Las Vegas Sands will post 3.01 earnings per share for the current year.

Institutional Trading of Las Vegas Sands

Several hedge funds and other institutional investors have recently bought and sold shares of LVS. State Street Corp grew its position in shares of Las Vegas Sands by 6.5% during the 2nd quarter. State Street Corp now owns 15,159,570 shares of the casino operator’s stock worth $700,221,000 after purchasing an additional 919,452 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Las Vegas Sands by 4.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 8,582,962 shares of the casino operator’s stock worth $462,450,000 after purchasing an additional 396,705 shares during the period. Allianz Asset Management GmbH raised its position in shares of Las Vegas Sands by 36.9% in the second quarter. Allianz Asset Management GmbH now owns 4,617,148 shares of the casino operator’s stock valued at $213,266,000 after buying an additional 1,244,943 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Las Vegas Sands by 2.5% in the first quarter. Dimensional Fund Advisors LP now owns 3,780,266 shares of the casino operator’s stock valued at $203,616,000 after buying an additional 90,690 shares in the last quarter. Finally, ARGA Investment Management LP raised its position in shares of Las Vegas Sands by 10.1% in the first quarter. ARGA Investment Management LP now owns 3,748,681 shares of the casino operator’s stock valued at $201,979,000 after buying an additional 343,203 shares in the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

More Las Vegas Sands News

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

• Positive Sentiment: Las Vegas Sands repurchased $950 million of its common stock during the quarter, supporting per-share results and signaling management’s confidence in the company’s long-term value. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: The board announced a 20% increase in the recurring dividend for calendar 2027, raising the annual payout to $1.44 per share, or $0.36 per quarter. Separately, the company declared a $0.30 quarterly dividend payable November 10 to shareholders of record November 2, representing a 3.2% indicated yield.
• Positive Sentiment: Macau mass-market gaming revenue share reached 26.1% in the quarter, and the company continues to increase its investment in Macau through its Sands China subsidiary, whose ownership has risen above 75.5%. Las Vegas Sands: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: JPMorgan maintained an “overweight” rating but reduced its LVS price target to $54 from $60, reflecting more cautious near-term assumptions while still implying substantial potential upside from recent levels. JPMorgan Adjusts Price Target on Las Vegas Sands
• Negative Sentiment: The quarterly earnings miss was accompanied by a year-over-year decline in EPS from $0.78 to $0.54 and weaker-than-expected revenue, increasing concerns about profit momentum. Las Vegas Sands Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Reports cited soft Macau gaming trends and weakness in destination gaming, including Singapore, as key factors weighing on results and investor sentiment. Las Vegas Sands Disappoints on China, Destination Gaming Weakness
• Negative Sentiment: JPMorgan’s more pessimistic forecast and recent analyst target reductions add pressure to the stock as investors reassess the recovery outlook in the company’s key Asian markets.

About Las Vegas Sands

Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.