Las Vegas Sands Corp. research snapshot
LVS AI stock analysis reads Las Vegas Sands as a concentrated, cash-generative integrated resort operator tied mainly to Macao and Singapore. At the August 2, 2026 data cutoff, LVS closed near $48.89 on July 31, 2026, with a verified market value near $31.66 billion using StockAnalysis shares outstanding. The Q2 2026 report, released July 22, delivered Marina Bay Sands EBITDA of $689 million with 5% mass gaming growth and about a 50% EBITDA margin, while Macao EBITDA of $430 million was dragged down by an exceptionally low 1.35% VIP rolling hold; on a normalized hold basis Macao EBITDA would have been near $517 million. The company repurchased $787 million of stock in the quarter, raised its buyback authorization to $6.0 billion, and has bought back 16.3% of shares since the fourth quarter of 2023. The bullish case rests on premium-mass and VIP share gains, the Marina Bay Sands expansion toward a 2031 opening, and disciplined capital returns. The caution is that Q2 missed consensus on revenue and adjusted EPS, leverage remains high, the stock is down about 8% over 52 weeks and sits below its 200-day moving average, and China travel sensitivity keeps investment certainty below the headline data confidence.
Current price
$48.89
Market cap
$31.66 billion verified market cap at the July 31, 2026 close using 647.67 million shares outstanding
AI score
61 / 100
Rating
Quality Macao and Singapore integrated resort franchise with heavy buyback support, offset by Q2 hold volatility and China demand sensitivity
Trend status
Mixed technical trend: price sits above the 50-day moving average near $48.21 but below the 200-day near $55.83, with RSI near 59
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | LVS owns and operates large-scale integrated resorts in Macao and Singapore, where customers pay for casino gaming, hotel rooms, retail, food and beverage, entertainment, and convention access. | High |
| Moat | The moat comes from scarce gaming concessions, destination-scale real estate, premium-mass and VIP customer relationships, location, retail and convention ecosystems, and large capital requirements. | Medium-high |
| Management | Chairman and CEO Patrick Dumont is pairing heavy shareholder returns with reinvestment in Macao and the Marina Bay Sands expansion; LVS has repurchased 16.3% of shares since the fourth quarter of 2023. | Medium-high |
| Financial trend | FY2025 revenue was about $13.02 billion and net income to common shareholders about $1.63 billion. Q2 2026 net revenue was $3.15 billion with adjusted property EBITDA of $1.12 billion, cash near $3.38 billion and debt near $15.11 billion at June 30, 2026. | High |
| Valuation | At $48.89, verified math shows about 18.95x TTM EPS, 14.77x forward EPS, 11.72x free cash flow per share, and a 2.45% dividend yield. Book value per share is distorted by buybacks and leverage, so PB is not useful. | High |
| Technical trend | Price is just above the 50-day moving average near $48.21 but below the 200-day moving average near $55.83, with RSI near 59, so the chart is mixed rather than confirmed up or down. | Medium |
| Risk level | Risk is moderate-high because revenue is concentrated in Macao and Singapore, VIP hold is volatile, and debt is large relative to equity, even though asset quality is strong. | Medium-high |
| AI confidence | Descriptive confidence is high because public data is rich and cross-validated. Forecast confidence is medium because outcomes depend on China travel, hold, regulation, resort expansion returns, capital allocation, and market multiples. | High data confidence |
| Investment certainty | Investment certainty is medium. The business can compound if Asian resort demand and share gains persist, but the current thesis needs Macao EBITDA to move back toward the $600 to $700 million quarterly run rate. | Medium |
LVS AI stock forecast
The LVS AI stock forecast is scenario-based, not a precise price prediction. Using the August 2, 2026 research cutoff, a $48.89 stock price, consensus forward EPS near $3.31, and a three-year model, the tested valuation anchors were about $74.40 in a bull case, $58.40 in a base case, and $38.60 in a bear case before dividends.
$68 to $76
More likely if Macao premium-mass and VIP demand accelerates, Macao EBITDA moves back toward the $700 million quarterly target, VIP hold normalizes, Marina Bay Sands expansion benefits begin to show, and investors re-rate LVS toward a 15 to 16x forward multiple.
$55 to $62
More likely if EPS grows at a mid to high single digit rate, Macao EBITDA stabilizes near $500 to $600 million per quarter, Singapore remains strong but not accelerating, and the market holds LVS near a 13 to 14x forward multiple.
$35 to $42
More likely if China consumer weakness returns, VIP hold stays low, Macao regulation tightens, the Marina Bay Sands expansion disappoints, or gaming stocks de-rate to lower cyclical multiples near 10 to 11x.
LVS AI technical analysis
LVS AI technical analysis is mixed as of the August 2, 2026 data cutoff. The reference close was $48.89 on July 31, 2026, above the 50-day moving average near $48.21 but below the 200-day moving average near $55.83, with RSI near 59. The stock needs to reclaim the 200-day zone before the chart confirms a durable trend repair.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $48.89 | StockAnalysis.com real-time close on July 31, 2026; market cap math uses 647.67 million shares outstanding. |
| Immediate support | $47 to $48 | The 50-day moving average near $48.21 sits in this band, so buyers need to defend it to avoid another lower-low signal. |
| Deeper support | $44 to $45 | The 52-week low is $44.21, and a move into this band would imply the market is discounting weaker Macao or Singapore demand rather than only normal volatility. |
| Near resistance | $50 to $51 | This round-number zone just above price is the first repair level for short-term momentum. |
| Major resistance | $55.50 to $56.50 | The 200-day moving average near $55.83 sits in this range, making it the main trend test. |
| 50-day moving average | About $48.21 | StockAnalysis.com reported the 50-day moving average near $48.21, just below the current close. |
| 200-day moving average | About $55.83 | StockAnalysis.com reported the 200-day trend line near $55.83, above price, which keeps the broader chart read cautious. |
| Momentum | RSI near 59 | Momentum is neutral to mildly firm, not deeply oversold. A bullish read needs price strength, not only an RSI bounce. |
| Volume | Confirm above $50 | A move above the $50 to $51 zone should be judged against recent participation because false breakouts are common in cyclical resort stocks. |
| Volatility | China travel and gaming news sensitive | Headline risk around Macao demand, VIP hold, concessions, Singapore expansion, and China consumer data can change volatility quickly. |
| Invalidation | Close below $44 | A close below the 52-week low near $44.21 would weaken the base-case technical setup and shift attention back to travel-cycle and leverage risk. |
LVS AI trading strategy
The LVS AI trading strategy below is a rules-based research framework, not personal financial advice. It links price action with Macao gross gaming revenue and VIP hold, Singapore resort performance, free cash flow, leverage, shareholder returns, and valuation discipline.
Watch for LVS to reclaim the $50 to $51 zone and then the $55.50 to $56.50 resistance around the 200-day moving average with improving volume while Macao and Singapore operating data support higher EBITDA and free cash flow.
Treat a failed move above the 200-day average followed by a close back below $48 as a warning. A close below $44 weakens the setup.
If LVS pulls back toward $44 to $48 without a deterioration in Macao premium-mass demand, VIP hold, Singapore margins, or balance sheet liquidity, compare the reset price with the base and bear scenarios.
Do not average down only because the assets are scarce or the buyback is active. Require evidence that free cash flow, debt service, and capital returns remain durable.
Track Macao visitation, gaming revenue and VIP hold, Marina Bay Sands room and retail performance, construction spending, dividend coverage, repurchases, net debt, concession headlines, and China consumer indicators.
Lower the rating if Macao EBITDA stays below $400 million per quarter, if EPS growth slows while LVS still trades above a mid-teens forward multiple, or if debt reduction and cash returns compete with required resort investment.
Investment research summary
Customers pay Las Vegas Sands because Macao and Singapore resorts combine gaming, hotels, retail, restaurants, entertainment, and conventions in scarce licensed locations with large-scale destination appeal.
LVS benefits from gaming concessions, high replacement cost, prime resort locations, scale, premium customer databases, retail and convention ecosystems, and operating know-how. The moat is strongest where licenses and destination scale limit new supply.
The thesis fails if China travel weakens, Macao regulation reduces gaming economics, VIP hold stays low, the Marina Bay Sands expansion costs outrun returns, debt limits flexibility, or investors treat integrated resorts as lower-multiple cyclicals.
Patrick Dumont has led LVS through the post-Las Vegas portfolio focus with a heavy buyback program. The key management test is converting Asian resort demand into free cash flow while balancing dividends, buybacks, debt, and large Singapore and Macao reinvestment.
LVS sits in long-duration Asian travel, gaming, luxury retail, and convention trends. The trend is attractive but not linear because demand depends on consumer confidence, travel policy, regulation, FX, and capital-intensive resort renewal.
At about 14.77x forward EPS, 9.62x EV/EBITDA, and a 2.45% dividend yield, LVS is not priced like a distressed resort operator. Margin of safety improves if Macao EBITDA recovers toward the $600 to $700 million quarterly run rate, or if the stock resets closer to the bear-to-base range.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| LVS quote reference | $48.89 close as of July 31, 2026 | StockAnalysis.com LVS real-time quote | July 31, 2026 |
| Market capitalization verification | $31.66 billion calculated from $48.89 x 647.67 million shares with 0.01% deviation from the reported quote page | Pineify financial_rigor.py and StockAnalysis.com LVS statistics | August 2, 2026 |
| Shares outstanding | 647.67 million shares, down 6.01% year over year | StockAnalysis.com LVS statistics | July 31, 2026 |
| Q2 2026 results | $3.15 billion net revenue, $373 million net income, $0.53 diluted EPS, $1.12 billion consolidated adjusted property EBITDA | Las Vegas Sands Q2 2026 results release | July 22, 2026 |
| Q2 2026 Marina Bay Sands EBITDA | $689 million reported, about $652 million hold-adjusted, with 5% mass gaming growth and roughly a 50% EBITDA margin | Las Vegas Sands Q2 2026 earnings call | July 22, 2026 |
| Q2 2026 Macao EBITDA | $430 million reported, about $517 million hold-adjusted, affected by a 1.35% VIP rolling hold; rolling volume up 73% year over year | Las Vegas Sands Q2 2026 earnings call | July 22, 2026 |
| FY2025 revenue | $13.017 billion consensus value across StockAnalysis, Macrotrends, and the LVS release, within 0.13% deviation | StockAnalysis.com, Macrotrends, and Las Vegas Sands release | August 2, 2026 |
| FY2025 net income to common | $1.63 billion consensus value across StockAnalysis, Macrotrends, and the LVS release, within 0.18% deviation | StockAnalysis.com, Macrotrends, and Las Vegas Sands release | August 2, 2026 |
| Cash and debt | $3.38 billion unrestricted cash and $15.11 billion debt as of June 30, 2026 | Las Vegas Sands Q2 2026 results release | July 22, 2026 |
| Capital returns | $787 million repurchased in Q2 2026, a $6.0 billion buyback authorization raised on July 21, 2026, and 16.3% of shares repurchased since the fourth quarter of 2023 | Las Vegas Sands Q2 2026 results release and earnings call | July 22, 2026 |
| Valuation math | 18.95x TTM PE, 14.77x forward PE, 11.72x price to free cash flow per share, 2.45% dividend yield | Pineify financial_rigor.py valuation verification | August 2, 2026 |
| Scenario valuation anchors | Bull $74.40, base $58.40, bear $38.60 using three-year forward EPS growth and PE scenarios | Pineify financial_rigor.py three-scenario model | August 2, 2026 |
| Technical reference | RSI near 59.20, 50-day moving average near $48.21, 200-day moving average near $55.83, 52-week range $44.21 to $70.46 | StockAnalysis.com LVS statistics | July 31, 2026 |
| Analyst consensus | Buy rating with a $59.07 average price target across 20 analysts as of the July 31, 2026 quote | StockAnalysis.com LVS forecast | July 31, 2026 |
This LVS AI stock analysis is an informational research tool only. It is not investment advice, a recommendation, or a guarantee of future returns. Forecast ranges are scenarios based on available public data as of August 2, 2026 and can be wrong if earnings, hold, regulation, travel demand, capital allocation, rates, or market multiples change.
Design trading strategies visually with 10+ indicators. Set entry/exit conditions and risk management, then generate Pine Script code with no coding required.
Filter and discover stocks based on market cap, dividend yield, P/E ratio, sector, and more. Screen thousands of stocks with real-time data.
Smart AI-driven stock selection with fundamental screening, analyst estimates, and key metrics. Filter by P/E, market cap, dividends, and more.
