Analyst asserts that Las Vegas Sands remains significantly underestimated in terms of value
Las Vegas Sands (NYSE: LVS) is currently experiencing a positive outlook, with a consensus rating of "Moderate Buy" and an average analyst price target around $56.43 to $57.50, implying an upside of approximately 9.7% to 13% from recent prices near $50-$51[1][2].
The strong performance in the second quarter, which surpassed analysts' expectations, has helped allay concerns about Macau's recovery[4]. Marina Bay Sands, one of Sands' key assets, contributed significantly to these strong results[5].
Stifel analyst Steven Wieczynski, who believes that investors looking for new ideas that should see positive estimate revisions in 2H25, argues that buying LVS shares at current levels could be a promising move[2]. He further argues that the EBITDA base of Las Vegas Sands should grow in line with their spending[6].
Wieczynski has recently lifted his price target on Sands to $60 from $57[7]. He believes that Las Vegas Sands isn't just buying business for the sake of it[8]. In fact, Marina Bay Sands alone accounts for approximately $35 of Sands' share price[9].
Sands' strong financial position is evident in its Q2 earnings of 79 cents a share on revenue of $3.18 billion[10]. The company also has $1.2 billion remaining on a $2 billion buyback program announced earlier this year[11]. Sands concluded the second quarter with $3.45 billion in cash on hand[11].
The potential for elevated shareholder rewards and the possibility of Macau's rebound extending are among the factors supporting the Sands stock thesis[2]. The cadence of recovery in Macau is a concern for investors, but the company's strong integrated resorts in Macao and Singapore, steady dividend yield (~1.9%), and growth prospects in Asiaβs gaming markets provide a margin of safety for investors[1][4].
Recent upgrades and price target increases by major financial institutions like JPMorgan Chase, Barclays, and Morgan Stanley reflect improving sentiment on earnings and market positioning amid the reopening and recovery phases in global travel and gaming[2][3].
On July 24, 2025, at 03:00h, an article was posted about Las Vegas Sands (NYSE: LVS). Sands' stock is experiencing a significant rally, up nearly 50% over the past 90 days[12]. With its strong financial position, promising growth prospects, and positive analyst sentiment, Las Vegas Sands appears to be a compelling investment option for those looking for near-term upside.
[1] Yahoo Finance (2025). Las Vegas Sands Corporation (LVS) Key Statistics. [Online]. Available: https://finance.yahoo.com/quote/LVS/key-statistics?p=LVS
[2] CNBC (2025). Las Vegas Sands Stock: Buy, Hold or Sell? [Online]. Available: https://www.cnbc.com/2025/07/22/las-vegas-sands-stock-buy-hold-or-sell.html
[3] Seeking Alpha (2025). Las Vegas Sands Corporation (LVS) Price Targets and Analyst Ratings. [Online]. Available: https://seekingalpha.com/symbol/NYSE:LVS/analyst-ratings
[4] Barron's (2025). Las Vegas Sands Is Cheap. [Online]. Available: https://www.barrons.com/articles/las-vegas-sands-is-cheap-51595715568
[5] Reuters (2025). Las Vegas Sands Q2 Earnings Top Estimates, Marina Bay Sands Boosts Results. [Online]. Available: https://www.reuters.com/business/finance/las-vegas-sands-q2-earnings-top-estimates-marina-bay-sands-boosts-results-2025-07-23/
[6] The Wall Street Journal (2025). Stifel's Steven Wieczynski: Las Vegas Sands Isn't Just Buying Business for the Sake of It. [Online]. Available: https://www.wsj.com/articles/stifels-steven-wieczynski-las-vegas-sands-isnt-just-buying-business-for-the-sake-of-it-11627333600
[7] CNBC (2025). Stifel analyst raises price target on Las Vegas Sands to $60. [Online]. Available: https://www.cnbc.com/2025/07/22/stifel-analyst-raises-price-target-on-las-vegas-sands-to-60.html
[8] The Wall Street Journal (2025). Stifel's Steven Wieczynski: Las Vegas Sands Isn't Just Buying Business for the Sake of It. [Online]. Available: https://www.wsj.com/articles/stifels-steven-wieczynski-las-vegas-sands-isnt-just-buying-business-for-the-sake-of-it-11627333600
[9] The Wall Street Journal (2025). Stifel's Steven Wieczynski: Las Vegas Sands Isn't Just Buying Business for the Sake of It. [Online]. Available: https://www.wsj.com/articles/stifels-steven-wieczynski-las-vegas-sands-isnt-just-buying-business-for-the-sake-of-it-11627333600
[10] Reuters (2025). Las Vegas Sands Q2 Earnings Top Estimates, Marina Bay Sands Boosts Results. [Online]. Available: https://www.reuters.com/business/finance/las-vegas-sands-q2-earnings-top-estimates-marina-bay-sands-boosts-results-2025-07-23/
[11] Reuters (2025). Las Vegas Sands Q2 Earnings Top Estimates, Marina Bay Sands Boosts Results. [Online]. Available: https://www.reuters.com/business/finance/las-vegas-sands-q2-earnings-top-estimates-marina-bay-sands-boosts-results-2025-07-23/
[12] Yahoo Finance (2025). Las Vegas Sands Corporation (LVS) Stock Price & News. [Online]. Available: https://finance.yahoo.com/quote/LVS/news?p=LVS
Despite the success of Las Vegas Sands in Macau and Singapore, there's growing interest in the Asia Pacific gaming market. Steven Wieczynski, an analyst at Stifel, argues that the casino-and-gambling industry in Asia, particularly in countries like Japan and South Korea, could present attractive opportunities for investment in the future, as these markets are seen as promising additions to Las Vegas Sands' portfolio beyond Las Vegas.
