MGMMGMConsumer Cyclical · Resorts & Casinos

MGM Stock Forecast: MGM Resorts International Price Predictions for 2026-2027

Last close, 4 Nov 2026
$33
+5.77% on the day

The 23 Wall Street analysts covering MGM Resorts International hold a median 12-month price target of $39 — +18.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 51 of 100 as at 3 Nov 2026 — in the upper half.

Market cap
$7.8B
Ticker Nerd rank
51/ 100
Median analyst target
$39
Analysts covering
23
Revenue$4.5B+1.0% y/y
Operating income$302.2M
Net income$322.8M
Free cash flow$317.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+20.3%
1M
+7.6%
YTD
−10.1%
1Y
+2.9%
From 52W high
−35.3%
From 52W low
+20.3%
$27
$51
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MGM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores MGM Resorts International on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Nov 2026
51/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
99
Accruals
80
Value
70
Growth
49
Volatility
42
Momentum
42
Quality
41
Revisions
32
Size
17

Issuance (99): The share count has been shrinking and the company is not leaning on new borrowing.

Revisions (32): Analysts have, on balance, been cutting their forecasts.

Size (17): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

MGM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MGM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$30$40$50$60Jan 26Apr 26Jul 26Oct 26MGMHigh $57Median $39Low $26

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says23 analysts
11 Buy10 Hold2 Sell
Low $26Median $39High $57

The green dot is the last close — the median target sits +18.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 12 moved it down.

DateFirmActionRatingTarget
30 Oct 2026Wells FargoMaintainsEqual-Weight$29 → $28
29 Oct 2026BarclaysMaintainsEqual-Weight$37 → $34
29 Oct 2026JP MorganMaintainsOverweight$42 → $39
29 Oct 2026MacquarieMaintainsOutperform$48 → $46
29 Oct 2026StifelMaintainsHold$40 → $35
29 Oct 2026Truist SecuritiesMaintainsBuy$45 → $40
20 Oct 2026JP MorganMaintainsOverweight$53 → $42
20 Oct 2026JP MorganMaintainsOverweight—
20 Oct 2026StifelMaintainsHold$49 → $40
20 Oct 2026StifelMaintainsHold—
20 Oct 2026Truist SecuritiesMaintainsBuy—
20 Oct 2026Truist SecuritiesMaintainsBuy$55 → $45
19 Oct 2026Morgan StanleyMaintainsUnderweight$43 → $29
19 Oct 2026Morgan StanleyMaintainsUnderweight—
19 Oct 2026Wells FargoMaintainsEqual-Weight$48 → $29
19 Oct 2026Wells FargoMaintainsEqual-Weight—
13 Oct 2026MacquarieMaintainsOutperform—
13 Oct 2026MacquarieMaintainsOutperform$48
12 Oct 2026CitigroupMaintainsNeutral$48 → $32
12 Oct 2026CitigroupMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

MGM appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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The AI build-out map
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    VRTCEGGEVVST

Performance

MGM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, MGM Resorts International returned +2.9% against +12.9% for the S&P 500, dividends included.

MGM vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160Jan 26Apr 26Jul 26Oct 26MGMS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MGM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
−21.4%
Analysts raising
0
Analysts cutting
1
Fundamentals

MGM Resorts International (MGM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.0×

Cheaper than 53% of US stocks

Price / sales
0.4×

Cheaper than 83% of US stocks

Price / book
3.1×

Cheaper than 29% of US stocks

EV / EBITDA
16.8×

Cheaper than 19% of US stocks

Growth & margins
Revenue growth (YoY)
−0.9%

Higher than 26% of US stocks

Earnings growth (YoY)
1.0%

Higher than 38% of US stocks

Gross margin
44.5%

Higher than 55% of US stocks

Operating margin
2.3%

Higher than 49% of US stocks

Net margin
3.9%

Higher than 57% of US stocks

Returns & dividend
Return on equity
26.9%

Higher than 86% of US stocks

Return on assets
1.6%

Higher than 56% of US stocks

Dividend yield
0.0%

Higher than 63% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

MGM Resorts International (MGM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • MGM Resorts International has a market value of $7.8B and an enterprise value of $35.7B.

  • Revenue in the twelve months to 30 June 2026: $17.8B. The latest quarter shrank 0.9% year on year.

  • Net income over the same four quarters: $673.6M, a 3.8% net margin.

  • Diluted earnings per share, trailing twelve months: $1.65.

  • Free cash flow in the twelve months to 30 June 2026: $1.5B, after $968.5M of capital spending.

  • MGM Resorts International spent $773.6M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 251.6M.

  • Trailing P/E: 12.0×; forward P/E: 20.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.04%, paying out 0% of earnings.

  • MGM Resorts International employs 60,000 people — $296K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Nov 2026

Data provided by Twelve Data

Peers

MGM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelResorts & Casinos
CompanyMarket capTKN rank
MGMMGM Resorts International$7.8B51
WYNNWynn Resorts Ltd.$8.1B52
CZRCaesars Entertainment, Inc.$5.9B59
BYDBoyd Gaming Corp.$5.6B44
MTNVail Resorts, Inc.$5.5B62
RRRRed Rock Resorts, Inc.$5.4B40
VACMarriott Vacations Worldwide Corp.$4.1B71

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own MGM Resorts International — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MGM news & analysis

MGM Resorts: Vegas Weakness Hurts Earnings, But Valuation Keeps Us Bullish

Seeking Alpha · 31 Oct 2026negative

MGM Resorts reported a 1% decline in Q3 revenue as Las Vegas room rates fell 8%, while MGM China gained market share and BetMGM more than doubled quarterly adjusted EBITDA to $86 million. With the withdrawal of a potential acquirer removing an immediate takeover catalyst, an amended agreement gives MGM more flexibility to repurchase shares.

Why it matters — Investors tracking MGM will weigh pressure on Las Vegas profitability against gains in China and BetMGM, as well as the increased flexibility for share repurchases.

BetMGM Marks 100 Days in Alberta

GlobeNewsWire · 30 Oct 2026positive

BetMGM marked its first 100 days in Alberta and shared insights into player engagement with its sportsbook and online casino since the July 13 launch. The company said Alberta’s early momentum has outpaced its Ontario launch.

Why it matters — BetMGM’s reported early engagement in Alberta is relevant to MGM watchers tracking the company’s online betting and gaming operations.

MGM Resorts Q3 Earnings Miss Estimates on Weak Las Vegas Results

Zacks Investment Research · 29 Oct 2026negative

MGM Resorts' third-quarter earnings missed estimates, weighed down by weaker Las Vegas room rates and regional profitability. China and digital businesses showed resilience.

Why it matters — The results highlight pressure in MGM's Las Vegas and regional operations alongside more resilient performance in China and digital businesses.

MGM Resorts International Q3 Earnings Call Highlights

MarketBeat · 29 Oct 2026neutral

MGM Resorts International said third-quarter results reflected resilient casino demand and convention activity. Higher travel costs and pressure on leisure room rates weighed on Las Vegas results.

Why it matters — The update highlights both demand resilience and cost and room-rate pressures affecting MGM’s Las Vegas performance.

MGM Resorts: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 29 Oct 2026positive

The Motley Fool highlighted that BetMGM net revenue from operations increased 7% in the third quarter and Las Vegas third-quarter slot win set a new resort record.

Why it matters — The figures provide updates on BetMGM’s operating revenue and slot performance at MGM’s Las Vegas resorts.

FAQ

Frequently asked questions about MGM stock

What is the MGM stock price forecast for 2026-2027?

The 23 Wall Street analysts covering MGM Resorts International have a median 12-month price target of $39, with estimates ranging from $26 to $57. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MGM stock a buy right now?

Of the 23 analysts covering MGM Resorts International, 11 rate it a Buy, 10 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks MGM Resorts International 51 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MGM?

As at 3 Nov 2026, MGM Resorts International ranks 51 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (99 of 100).

Will MGM stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +18.9% from the last close, and Ticker Nerd's factor model ranks MGM Resorts International 51 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MGM stock forecast for 2030?

No analyst covering MGM Resorts International publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MGM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $26 to $57 over the next 12 months.

How has MGM stock performed over the past year?

MGM Resorts International returned +2.9% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does MGM Resorts International do?

MGM Resorts International is a global gaming and entertainment company that owns and operates destination resort properties in the United States and abroad. The company’s portfolio includes casino resorts, hotels, convention and meeting spaces, restaurants, nightlife, retail, and live entertainment experiences.

What is the latest news on MGM?

The most recent item we track (Seeking Alpha, 31 Oct 2026): "MGM Resorts: Vegas Weakness Hurts Earnings, But Valuation Keeps Us Bullish". MGM Resorts reported a 1% decline in Q3 revenue as Las Vegas room rates fell 8%, while MGM China gained market share and BetMGM more than doubled quarterly adjusted EBITDA to $86 million. With the withdrawal of a potential acquirer removing an immediate takeover catalyst, an amended agreement gives MGM more flexibility to repurchase shares.

Company

About MGM Resorts International.

MGM Resorts International is a global gaming and entertainment company that owns and operates destination resort properties in the United States and abroad. The company’s portfolio includes casino resorts, hotels, convention and meeting spaces, restaurants, nightlife, retail, and live entertainment experiences. Its operations are organized across major business segments such as Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital, reflecting a mix of traditional resort operations and online gaming services. MGM Resorts International serves leisure travelers, business groups, convention guests, and gaming customers through well-known brands including Bellagio, MGM Grand, Mandalay Bay, Aria, and Park MGM. Headquartered in Las Vegas, Nevada, MGM Resorts International plays a significant role in the hospitality and casino gaming market by combining large-scale resort operations with digital betting and entertainment offerings.

CEO Mr. William Joseph Hornbuckle IV · 60,000 employees · United States · https://www.mgmresorts.com