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Home โบ Stocks โบ MGM Resorts International (MGM) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Resorts & Casinos
$33.94
+0.37 (1.10%)Did MGM Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if MGM Resorts is one of their latest high-conviction picks.
Based on our analysis of 27 Wall Street analysts, MGM has a bullish consensus with a median price target of $46.00 (ranging from $35.00 to $59.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $33.94, the median forecast implies a 35.5% upside. This outlook is supported by 17 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Jordan Bender at JMP Securities, projecting a 73.8% upside. Conversely, the most conservative target is provided by Barry Jonas at Truist Securities, suggesting a 3.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MGM.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 2, 2025 | Macquarie | Chad Beynon | Outperform | Maintains | $48.00 |
May 1, 2025 | Barclays | Brandt Montour | Overweight | Maintains | $43.00 |
May 1, 2025 | Stifel | Steven Wieczynski | Buy | Maintains | $44.00 |
May 1, 2025 | Susquehanna | Joseph Stauff | Positive | Maintains | $50.00 |
Apr 23, 2025 | Truist Securities | Barry Jonas | Buy | Maintains | $45.00 |
Apr 22, 2025 | Barclays | Brandt Montour | Overweight | Maintains | $41.00 |
Apr 17, 2025 | JMP Securities | Jordan Bender | Market Outperform | Maintains | $45.00 |
Apr 16, 2025 | Morgan Stanley | Stephen Grambling | Equal-Weight | Maintains | $36.00 |
Feb 24, 2025 | Morgan Stanley | Stephen Grambling | Equal-Weight | Maintains | $41.00 |
Feb 13, 2025 | JMP Securities | Jordan Bender | Market Outperform | Reiterates | $50.00 |
Feb 13, 2025 | Macquarie | Chad Beynon | Outperform | Maintains | $50.00 |
Feb 13, 2025 | Barclays | Brandt Montour | Overweight | Maintains | $47.00 |
Feb 13, 2025 | Citigroup | George Choi | Buy | Maintains | $50.00 |
Feb 13, 2025 | Mizuho | Ben Chaiken | Outperform | Maintains | $60.00 |
Feb 13, 2025 | Stifel | Steven Wieczynski | Buy | Maintains | $50.00 |
Feb 13, 2025 | Wells Fargo | Daniel Politzer | Overweight | Maintains | $46.00 |
Jan 16, 2025 | JMP Securities | Aaron Hecht | Market Outperform | Reiterates | $50.00 |
Jan 14, 2025 | Truist Securities | Barry Jonas | Buy | Maintains | $50.00 |
Jan 3, 2025 | Jefferies | Buy | Maintains | $0.00 | |
Dec 13, 2024 | Barclays | Brandt Montour | Overweight | Maintains | $46.00 |
The following stocks are similar to MGM Resorts based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
MGM Resorts International has a market capitalization of $9.24B with a P/E ratio of 15.2x. The company generates $17.13B in trailing twelve-month revenue with a 4.0% profit margin.
Revenue growth is -2.4% quarter-over-quarter, while maintaining an operating margin of +9.7% and return on equity of +25.8%.
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Operates luxury hospitality and entertainment properties.
The company generates revenue primarily through its integrated resort offerings, which include accommodations, gaming, dining, and entertainment options. By hosting high-profile events and providing a diverse range of services, MGM Resorts attracts a wide customer base, enhancing its profitability through both leisure and business travel.
MGM Resorts International boasts iconic properties like the Bellagio and MGM Grand in Las Vegas and has a growing presence in international markets, including Asia. The company plays a vital role in the economic landscape of entertainment destinations, contributing significantly to local employment and regional economies. It is also focusing on adapting to industry trends by leveraging digital solutions and expanding its online gaming platforms.
Consumer Cyclical
Resorts & Casinos
60,000
Mr. William Joseph Hornbuckle IV
United States
1990
MGM Resorts (NYSE: MGM) stock has declined slightly year-to-date, despite positive news from BetMGM and stock buybacks, indicating it may be a value trap compared to the S&P 500's 3% gain.
MGM Resorts' stock underperformance against the S&P 500, despite positive news, suggests potential risks and limited upside, signaling caution for potential investors.
Citi maintains a 'buy' rating on Entain PLC after BetMGM raised its 2025 revenue guidance to at least $2.6 billion, citing strong Q2 trading performance.
Citi's 'buy' rating signals confidence in Entain's growth potential, driven by BetMGM's improved revenue forecasts, which may enhance investor sentiment and stock performance.
Entain's BetMGM raised its annual revenue and core earnings forecast, citing strong growth in iGaming and online sports betting.
Entain's BetMGM raising revenue and earnings forecasts signals strong performance in the U.S. sports-betting market, potentially boosting Entain's stock value and investor confidence.
Positive momentum from Q1 is continuing into the current quarter, indicating strong performance trends.
Positive momentum suggests strong performance trends, potentially leading to higher earnings and stock prices, making companies more attractive to investors.
BetMGM has upgraded its FY 2025 guidance, citing strong momentum. The company is jointly owned by MGM Resorts (NYSE: MGM) and Entain plc (LSE: ENT).
BetMGM's strong momentum and upgraded FY 2025 guidance indicate growth potential, positively impacting MGM Resorts and Entain's stock performance and investor sentiment.
BetMGM CEO Adam Greenblatt addressed recent transactions related to the NBA finals in an interview on 'The Claman Countdown.'
Insights on BetMGM's performance during the NBA finals can indicate market trends in sports betting, affecting investor sentiment and stock valuations in the gaming sector.
Based on our analysis of 27 Wall Street analysts, MGM Resorts International (MGM) has a median price target of $46.00. The highest price target is $59.00 and the lowest is $35.00.
According to current analyst ratings, MGM has 17 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $33.94. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MGM stock could reach $46.00 in the next 12 months. This represents a 35.5% increase from the current price of $33.94. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue primarily through its integrated resort offerings, which include accommodations, gaming, dining, and entertainment options. By hosting high-profile events and providing a diverse range of services, MGM Resorts attracts a wide customer base, enhancing its profitability through both leisure and business travel.
The highest price target for MGM is $59.00 from Jordan Bender at JMP Securities, which represents a 73.8% increase from the current price of $33.94.
The lowest price target for MGM is $35.00 from Barry Jonas at Truist Securities, which represents a 3.1% increase from the current price of $33.94.
The overall analyst consensus for MGM is bullish. Out of 27 Wall Street analysts, 17 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $46.00.
Stock price projections, including those for MGM Resorts International, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.