Las Vegas Sands CorpNYSE: LVS
Consumer Discretionary · Casinos & Gaming
$53.84
-1.41%
Vol: 4.1M
Research Digest
Friday, May 1, 2026
Las Vegas Sands beats Q1 2026 earnings with $0.85 EPS (11% above forecast) and revenues of $3.6B; announces $0.30 dividend increase.
Las Vegas Sands delivered strong Q1 2026 earnings, beating expectations with EPS of $0.85 (11% above forecast) and revenues of $3.59B (7.2% above expectations). Marina Bay Sands drove strong growth. The company announced a $0.30 dividend increase. Analysts forecast 2026 revenues of $14.1B (3% growth) and statutory EPS growth of 15% to $3.19. Mizuho and Macquarie maintain buy ratings.
Previous Market Intelligence
13 daysApr 30Las Vegas Sands Q1 2026 earnings beat with $3.59B revenue; Morgan Stanley raises price target to $69Positive▶
Las Vegas Sands reported strong first-quarter 2026 results with revenue of $3.59 billion exceeding estimates by 7.2% and adjusted EPS of $0.91 topping forecasts by 11%. The company announced a $0.30 cash dividend with an ex-date of May 5, 2026. Morgan Stanley raised its price target to $69 from $67 on April 23. Management remains optimistic with 16 analysts projecting 2026 revenues of $14.1 billion reflecting 3% growth and EPS ascending 15% to $3.19. In 2025, Sands completed $3.4 billion in capital investments across properties.
Apr 29Las Vegas Sands Q1 2026 revenue surges 25.3% to $3.59B; net income jumps 61% to $567M on strong Asia demandPositive▶
Las Vegas Sands reported Q1 2026 net revenue surging 25.3% to $3.59 billion versus $2.86 billion prior year, with net income of $567 million versus $352 million in Q1 2025. Basic EPS of $0.85 exceeded analyst forecasts by 11%. Trailing 12-month earnings growth of 41.3% shows profit growing faster than top line with 13.4% net margin. Forecasted 3% revenue improvement to $14.1 billion for full year 2026. Multiple analyst upgrades: Morgan Stanley raised to $69 from $67, Stifel raised to $74 from $72. Sands China launched Rua das Estalagens community revitalization program.
Apr 16Las Vegas Sands Q1 2026 earnings due April 22 after downgrade to Hold from Buy at Jefferies; stock under pressure from Macau concerns.Mixed▶
Las Vegas Sands will report Q1 2026 results on April 22 with a conference call at 1:30 p.m. PT. The stock faces headwinds from disappointing Macau operations after a 14% decline, though Marina Bay Sands delivered record performance. Jefferies downgraded LVS to Hold from Buy on April 6, while Morgan Stanley raised price target to $67 from $66 on April 8. Strong Macao gaming recovery presents opportunity but investor focus remains on converting traffic to sustainable profits. Patrick Dumont was appointed Chairman and CEO in February.
Apr 15Citigroup raised Las Vegas Sands price target to $78.50 on April 13 as Macau recovery gains momentum and ESG performance accelerates.Positive▶
Las Vegas Sands received analyst attention on April 13 when Citi raised price target to $78.50 from $76.75, maintaining Buy rating. LVS announced ESG achievements including $270 million workforce development spending and 54% emissions reduction. Macau gaming recovery is accelerating. Buy consensus among 13 analysts.
Apr 14Citi raised Las Vegas Sands price target to $78.50; company surpassed ESG emissions reduction goal with 54% cut from 2018 baseline.Positive▶
On April 13, Citi analyst George Choi raised Las Vegas Sands price target to $78.50 from $76.75, maintaining Buy rating. Morgan Stanley also raised PT to $67. LVS announced it surpassed ESG ambitions for 2021-2025 period: invested $270M+ in workforce development, reduced carbon emissions 54% from 2018 baseline.
Apr 13Las Vegas Sands achieved ESG milestones with 54% emissions reduction and record Marina Bay performance amid Macau headwinds.Mixed▶
Las Vegas Sands released ESG report on April 9 highlighting 54% emissions reduction. Patrick Dumont appointed chairman and CEO on February 13. Announced $0.30 dividend increase but reported mixed Q4 with 14% decline following disappointing Macau operations while Marina Bay Sands achieved record performance. Named to Fortune Most Admired Companies 2026. Jefferies downgraded to Hold but consensus remains Buy with $68.55 target.
Apr 10Las Vegas Sands announces ESG goal achievement including $270M+ workforce investment and 54% emissions reduction.Positive▶
Las Vegas Sands released its 2025 ESG report on April 9, announcing it surpassed its 2021-2025 People, Communities and Planet ambitions, including $270 million in workforce development and 54% emissions reduction. Morgan Stanley raised price target to $67 from $66 with Equalweight rating. The company is expanding in Singapore with an $8 billion second resort project.
Apr 9Las Vegas Sands raises dividend $0.30 amid mixed Q4 results; Macau pressures remainNegative▶
Las Vegas Sands announced $0.30 dividend increase on Q4 2025 earnings release (Jan 28). Net revenue $3.65B, net income $448M. Strong Marina Bay Sands performance offset by disappointing Macau EBITDA margins down 390bps. Stock down 14% post-earnings, down 16.7% YTD. Full year 2025 revenue $13.02B (+15.2% YoY), earnings $1.63B (+12.5%). Multiple analysts maintain Buy ratings (Goldman Sachs, J.P. Morgan, Jefferies, Argus). DCF analysis suggests 94.4% overvaluation, trading at $54.34.
Apr 8Jefferies downgrades Las Vegas Sands to Hold; Patrick Dumont named CEO amid Macau margin pressures.Negative▶
Las Vegas Sands Corporation faces margin pressure following strategic shift toward premium mass market in Macau. Jefferies downgraded LVS to "Hold" from "Buy" on April 6, slashing price target 15% to $61, citing rising pressures in Singapore and Macau despite Q4 2025 strength. Patrick Dumont transition to CEO marks leadership change amid operational challenges. Stock shows 5.3% 7-day gains but 14.8% 90-day decline, with 72.8% 1-year return indicating volatility. Company operates Marina Bay Sands Singapore and five Macau properties including Venetian and Londoner.
Apr 7Jefferies downgrades Las Vegas Sands to Hold on Macau margin concerns.Negative▶
Jefferies downgraded LVS to Hold $61 PT April 6 citing Macau premium mass margin concerns. Stock $54.34, +5.1% 7d, -1.5% 30d, -16.7% YTD. New CEO Patrick Dumont. Marina Bay Sands +42% EBITDA. 13 analysts Buy at $69.46.
Apr 6Las Vegas Sands Q4 Results Miss Macau Expectations, Dividend RaisedMixed▶
Las Vegas Sands announced a $0.30 dividend increase while reporting Q4 2025 results with revenue growth of 15.22% to $13.02 billion. However, shares fell approximately 14% as Macau operations disappointed with EBITDA margin misses of 390 basis points. The company reported earnings of $1.63 billion and a $395 million profit bolstered by strength at Marina Bay Sands in Singapore. Patrick Dumont was appointed as Chairman and CEO on February 13, 2026. Analysts maintain a bullish stance with 13 buy recommendations and a 12-month price target of $69.46, representing 28.51% upside from current levels.
Apr 3Las Vegas Sands faces margin pressure from Macau weakness but benefits from billionaire investor stake increase.Mixed▶
Billionaire Paul Tudor Jones more than doubled his stake in Las Vegas Sands. The firm is testing its 26% margin target ahead of Q1 2026 earnings scheduled for April 22. Stock declined 22% from 52-week highs. Analysts expect Q1 2026 EPS of $0.76 (up 28.8% YoY). Marina Bay Sands Adjusted Property EBITDA rose 42% YoY to $2.92 billion in 2025. New CEO Patrick Dumont effective March 1.
Apr 2Las Vegas Sands reports strong 2025 growth; Patrick Dumont assumes CEO role as of March 1, 2026; next earnings April 29.Positive▶
Las Vegas Sands achieved significant growth in 2025 with revenue up 15.22% to $13.02 billion and earnings up 12.52% to $1.63 billion. The company's Marina Bay Sands resort in Singapore generated a $395 million profit. Patrick Dumont took over as chairman and CEO on March 1, 2026, marking a significant leadership transition. Next earnings report scheduled for April 29, 2026. Analyst consensus remains bullish with Buy ratings and an average 12-month price target of $69.46.
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.