Las Vegas Sands Stock Rose 35% Last Year: Here’s Where Shares Could Go in 2026

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Las Vegas Sands (LVS) stock rose 35% last year, and this article analyzes its future potential, forecasting a target price of $75 by December 2028 from its current $57, representing a 31% upside or 10% annualized return. This projection hinges on Marina Bay Sands sustaining record EBITDA and Macau reversing its 390 basis point margin compression. Key factors include CEO Patrick Dumont’s leadership, Macau’s market recovery, and maintaining promotional discipline.

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