NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-08-31
Reading LVS? Create a free portfolio, then add this holding for ongoing Reports and tracking. Track it in a free portfolio. No credit card.
Create your account →Broken: Primary pillar broken — Annual earnings per share: Q2 FY26 EPS $0.59 vs $0.78 consensus (-24.4%); FY26 target $2.35.
Las Vegas Sands grew revenue 25% in Q1 2026. It earned $0.85 per share, beating estimates. The company bought back $740 million in stock recently. Growth in Macao and Singapore drives future sales.
The recent stock drop shows investor worries. Growth in Singapore faces new challenges. Debt and capital moves may limit cash returns. Revenue growth could slow below 5%.
The stock trades about 13% below our fair value near $53. Analysts expect 5% revenue growth. Our fair value is 17% below the Street median, reflecting caution.
Breaks if: Buybacks fall below $740 million in any quarter
Breaks if: Market share declines significantly in Singapore
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on growth in the Macao and Singapore markets. The current thesis state is mixed, with management showing commitment to shareholder returns but facing challenges in revenue and profitability.
The market appears to have a neutral view on LVS, with valuations described as cheap compared to peers. There is a slight expectations gap, indicating that the market may not fully account for potential growth or risks ahead.
Fundamentals are likely to remain stable in the near term, with a low probability of missing earnings expectations. However, recent financial performance has shown declines in revenue and profitability, suggesting potential challenges ahead.
The long-term thesis hinges on management's ability to drive growth in key markets and the performance of sector peers. Additionally, macroeconomic factors like inflation and guidance changes will play a crucial role in shaping future outcomes.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company targets significant EBITDA growth in Macau, which supports growth. However, the latest earnings miss raises concerns about growth challenges in Macau and Singapore.
as of 2026-08-31
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Continue to drive growth in Macao and Singapore through capital investments and operational improvements.
Breaks if: EPS falls below $2.35 in FY 2026
Breaks if: Revenue falls below $3.18 billion in any quarter
Continue to drive growth in Macao and Singapore through capital investments and operational improvements.
Over the next 1 to 3 years, LVS's performance will depend on its growth strategies and external market conditions. Not investment advice.
