Las Vegas Sands vs Expedia
Las Vegas Sands operates luxury integrated resorts in Macau and Singapore where mass gaming, retail, and hospitality revenues compound into one of the most powerful cash flow engines in hospitality. Expedia aggregates hotel, flight, and vacation package inventory online, clipping margin on every booking it drives for travel suppliers worldwide. Both businesses profit when people travel with money to spend, connecting them to a shared global consumer confidence story. The Las Vegas Sands vs Expedia comparison contrasts their asset-heavy versus asset-light models, geographic revenue concentration, and how each recovers its operating leverage when travel demand fully normalizes.
Las Vegas Sands operates luxury integrated resorts in Macau and Singapore where mass gaming, retail, and hospitality revenues compound into one of the most powerful cash flow engines in hospitality. E...
Why It's Moving
Analysts Rally Behind LVS with Forecasts Pointing to Strong 2026 Upside Potential.
- Morgan Stanley maintained a Hold rating with a $69 target on April 23, reflecting confidence in steady revenue growth and operational leverage.
- Wells Fargo stuck to Hold at $65 on April 16, citing robust margins projected at 26.4% that could drive significant cash generation.
- Consensus from 11-14 analysts averages around $70, implying over 25-36% upside fueled by 4.9% revenue expansion and a favorable 16.7x exit multiple.
Analysts Rally Behind EXPE's 21% Upside into 2026 on Surging Travel Demand.
- Major firms like Goldman Sachs recently hiked their price targets, signaling confidence in Expedia's ability to capture more market share in a booming online travel space.
- Consensus ratings lean Buy with median targets implying strong appreciation, driven by resilient consumer spending on vacations despite economic headwinds.
- Travel sector tailwinds, including rising international trips and AI-enhanced booking tools, position EXPE for accelerated revenue growth through 2026.
Analysts Rally Behind LVS with Forecasts Pointing to Strong 2026 Upside Potential.
- Morgan Stanley maintained a Hold rating with a $69 target on April 23, reflecting confidence in steady revenue growth and operational leverage.
- Wells Fargo stuck to Hold at $65 on April 16, citing robust margins projected at 26.4% that could drive significant cash generation.
- Consensus from 11-14 analysts averages around $70, implying over 25-36% upside fueled by 4.9% revenue expansion and a favorable 16.7x exit multiple.
Analysts Rally Behind EXPE's 21% Upside into 2026 on Surging Travel Demand.
- Major firms like Goldman Sachs recently hiked their price targets, signaling confidence in Expedia's ability to capture more market share in a booming online travel space.
- Consensus ratings lean Buy with median targets implying strong appreciation, driven by resilient consumer spending on vacations despite economic headwinds.
- Travel sector tailwinds, including rising international trips and AI-enhanced booking tools, position EXPE for accelerated revenue growth through 2026.
Investment Analysis
Pros
- Las Vegas Sands is forecasted to grow revenues from $11.3 billion in 2024 to $12.35 billion in 2025 with improving EBITDA margins from 33.81% to 37.95%.
- The company has strong net profit margin growth potential, increasing from 12.8% in 2024 to 14.8% in 2025, indicating improved profitability.
- Las Vegas Sands operates integrated resorts in key global markets including Macao, Singapore, and Las Vegas, providing diversified geographic exposure.
Considerations
- Analyst price forecasts show potential downside, with some models predicting a share price decline of about 11% by the end of 2025.
- The company's PE ratio stands high at around 28, significantly above its 10-year average of 6.34, suggesting possibly stretched valuation levels.
- Long-term forecasts indicate significant volatility and uncertainty, with some predictions showing potential price drops of over 60% by 2035 and 2040.
Expedia
EXPE
Pros
- Expedia benefits from a large market capitalization of around $26 billion, supporting scale advantages in the online travel services sector.
- The company is positioned in the growing travel and leisure industry recovering from pandemic impacts, with strong demand for online travel bookings.
- Expedia has a diversified business model with multiple brands and services which can help mitigate operational risks and capitalize on various travel segments.
Considerations
- Expedia remains subject to travel industry cyclicality and macroeconomic factors which can cause volatility in its earnings and revenue streams.
- The company faces significant competition from other online travel agencies and direct travel providers, pressuring margins and market share.
- Economic uncertainties such as inflation, interest rates, or geopolitical tension can negatively impact consumer travel spending, affecting Expedia’s growth.
Las Vegas Sands (LVS) Next Earnings Date
Las Vegas Sands (LVS) most recently reported its Q1 2026 earnings on April 22, 2026, after market close. The next earnings release, covering Q2 2026, is estimated between July 22 and July 27, 2026, based on the company's historical patterns, though no official date has been announced. Investors should monitor updates from the company for confirmation.
Expedia (EXPE) Next Earnings Date
Expedia Group's next earnings date is May 7, 2026, following their Q1 2026 report for the period ended March 31, 2026, with the release after market close and a webcast at 4:30 PM ET. This date was officially announced by the company, superseding earlier estimates of May 1-8. Investors should monitor the Investor Relations site for any updates ahead of the event.
Las Vegas Sands (LVS) Next Earnings Date
Las Vegas Sands (LVS) most recently reported its Q1 2026 earnings on April 22, 2026, after market close. The next earnings release, covering Q2 2026, is estimated between July 22 and July 27, 2026, based on the company's historical patterns, though no official date has been announced. Investors should monitor updates from the company for confirmation.
Expedia (EXPE) Next Earnings Date
Expedia Group's next earnings date is May 7, 2026, following their Q1 2026 report for the period ended March 31, 2026, with the release after market close and a webcast at 4:30 PM ET. This date was officially announced by the company, superseding earlier estimates of May 1-8. Investors should monitor the Investor Relations site for any updates ahead of the event.
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