For Q1 2026, analysts expect Las Vegas Sands to report consensus revenue of $3.32 billion (+16% YoY) and an EPS of $0.76 (+29% YoY), while the stock trades at $57.64, roughly 15% below the $68.03 analyst target.
Investors are primarily focused on the recovery of mass-market gaming margins in Macau and progress on the $8 billion expansion at Marina Bay Sands.
Recent performance was supported by increased visitation from China, though premium-segment volatility and higher operating costs in Macau previously weighed on margins. Management’s guidance on capital returns and the impact of regional competition will be key to determining the stock's near-term direction.