$Las Vegas Sands(LVS)$
Las Vegas Sands (LVS) Surges +5.52%: Casino Giant Bounces from Support, Eyes $57-$58 Range
Latest Close Data
Closed at $55.64 (USD) on Feb 2, 2026, up +5.52% (+$2.91). This puts it 21.0% below its 52-week high of $70.45.
Core Market Drivers
The stock rebounded strongly, supported by net positive capital flow for the day.
A key catalyst was the recent insider selling by major family trust shareholders, which had previously pressured the stock but may now be viewed as a known overhang clearing.
Technical Analysis
Volume was solid at 9.61M shares (Volume Ratio: 1.00). The 6-day RSI at 38.77 has rebounded from oversold levels (<30) seen last week, indicating a potential momentum shift.
The MACD remains in negative territory but shows a slowing rate of decline, hinting at a possible bullish convergence.
Key Price Levels
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Primary Support: $52.71 (recent low from Jan 30)
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Strong Resistance: $66.91 (Jan 30 high)
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Immediate Pivot: ~$57-58 (next technical hurdle from recent price action)
Valuation Perspective
Forward P/E of 16.65 sits well below its 3-year average of 22.74 and is near the lower end of its historical range (-1 Std. Dev: 15.65), suggesting the stock may be undervalued relative to its own history.
Analyst Targets
18 analysts have an average price target of $69.95, implying ~26% upside. Sentiment is bullish with 5 Strong Buy, 11 Buy, and 5 Hold ratings.
Weekly Outlook
Expect consolidation between $54 and $58. A sustained break above $58 could target the $60-$62 zone. Failure to hold $54 may see a retest of the $52.71 support.
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