Are Wall Street Analysts Predicting Las Vegas Sands Stock Will Climb or Sink?

With a market cap of $32.7 billion, Las Vegas Sands Corporation (LVS) is a prominent developer of integrated resorts with operations primarily in the U.S. and Asia. Headquartered in Las Vegas, it operates three properties in Las Vegas, including The Venetian Casino and The Palazzo, along with an Expo and Convention Center in the U.S. In Asia, the company owns and operates several properties in Macao, China, and one in Singapore. 

Shares of the resort company have trailed behind the broader market over the past year. While LVS has declined 22.1% over this time frame, the broader S&P 500 Index ($SPX) is up 25.2%. In 2024, the stock has tumbled 10.8%, while SPX rallied 10.4% on a YTD basis.