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MGM Stock Forecast 2026-2027
$38.79
Current Price
$9.92B
Market Cap
Buy 10
Hold 10
Sell 3
Wall St Analyst Ratings
Distance to MGM Price Targets
+52.1%
To High Target of $59.00
+13.4%
To Median Target of $44.00
-14.9%
To Low Target of $33.00
MGM Price Momentum
+0.8%
1 Week Change
+5.0%
1 Month Change
+19.1%
1 Year Change
+6.3%
Year-to-Date Change
-5.3%
From 52W High of $40.94
+32.9%
From 52W Low of $29.19
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Latest MGM Stock Price Targets & Analyst Predictions
Based on our analysis of 31 Wall Street analysts, MGM has a neutral consensus with a median price target of $44.00 (ranging from $33.00 to $59.00). The overall analyst rating is Buy (7.1/10). Currently trading at $38.79, the median forecast implies a 13.4% upside. This outlook is supported by 10 Buy, 10 Hold, and 3 Sell ratings.
The most optimistic forecast comes from Jordan Bender at JMP Securities, projecting a 52.1% upside. Conversely, the most conservative target is provided by Trey Bowers at Wells Fargo, suggesting a 14.9% downside.
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.
MGM Analyst Ratings
10
Buy
10
Hold
3
Sell
MGM Price Target Range
Low
$33.00
Average
$44.00
High
$59.00
Current: $38.79
Latest MGM Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MGM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 1, 2026 | Citigroup | James Hardiman | Neutral | Maintains | $40.00 |
| May 1, 2026 | Jefferies | David Katz | Hold | Downgrade | $44.00 |
| Apr 30, 2026 | JP Morgan | Daniel Politzer | Neutral | Maintains | $41.00 |
| Apr 30, 2026 | Barclays | Brandt Montour | Equal-Weight | Maintains | $39.00 |
| Apr 30, 2026 | Wells Fargo | Trey Bowers | Underweight | Maintains | $33.00 |
| Apr 30, 2026 | Macquarie | Chad Beynon | Outperform | Maintains | $48.00 |
| Apr 30, 2026 | Truist Securities | Barry Jonas | Hold | Maintains | $42.00 |
| Apr 16, 2026 | Wells Fargo | Trey Bowers | Underweight | Maintains | $30.00 |
| Apr 16, 2026 | JP Morgan | Daniel Politzer | Neutral | Maintains | $42.00 |
| Apr 10, 2026 | UBS | Robin Farley | Neutral | Maintains | $39.00 |
| Apr 8, 2026 | Morgan Stanley | Stephen Grambling | Underweight | Maintains | $35.00 |
| Feb 9, 2026 | Citigroup | James Hardiman | Neutral | Maintains | $41.00 |
| Feb 6, 2026 | Truist Securities | Barry Jonas | Hold | Maintains | $39.00 |
| Feb 6, 2026 | Stifel | Steven Wieczynski | Buy | Maintains | $50.00 |
| Feb 6, 2026 | JP Morgan | Daniel Politzer | Neutral | Maintains | $41.00 |
| Feb 6, 2026 | Macquarie | Chad Beynon | Outperform | Maintains | $46.00 |
| Jan 16, 2026 | Morgan Stanley | Stephen Grambling | Underweight | Downgrade | $33.00 |
| Jan 13, 2026 | Truist Securities | Barry Jonas | Hold | Downgrade | $38.00 |
| Jan 2, 2026 | Truist Securities | Barry Jonas | Buy | Maintains | $45.00 |
| Dec 17, 2025 | Barclays | Brandt Montour | Equal-Weight | Downgrade | $38.00 |
MGM Resorts International (MGM) Competitors
The following stocks are similar to MGM 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 (MGM) Financial Data
MGM Resorts International has a market capitalization of $9.92B with a P/E ratio of 52.8x. The company generates $17.72B in trailing twelve-month revenue with a 1.0% profit margin.
Revenue growth is +4.2% quarter-over-quarter, while maintaining an operating margin of +6.9% and return on equity of +13.5%.
Valuation Metrics
Market Cap
$9.92B
Enterprise Value
$39.84B
P/E Ratio
52.8x
PEG Ratio
-9.1x
Price/Sales
0.6x
Growth & Margins
Revenue Growth (YoY)
+4.2%
Gross Margin
+44.7%
Operating Margin
+6.9%
Net Margin
+1.0%
EPS Growth
-15.8%
Financial Health
Cash/Price Ratio
+25.2%
Current Ratio
1.3x
Debt/Equity
951.2x
ROE
+13.5%
ROA
+1.8%
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MGM Resorts International (MGM) Business Model
About MGM Resorts International
What They Do
Global gaming and entertainment destination resorts.
Business Model
The company generates revenue through its diverse portfolio of casino resorts, which offer gaming, accommodations, dining, and entertainment. Additionally, it earns income from its online gaming operations and sports betting ventures, particularly through its partnership with BetMGM, which covers North American markets.
Additional Information
Founded in 1986 and headquartered in Las Vegas, MGM Resorts International operates 31 unique hotel and gaming destinations worldwide. Its extensive brand portfolio includes iconic properties on the Las Vegas Strip and regional locations across the U.S., as well as international operations in Macau and online gaming platforms in Europe and Brazil.
Company Information
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
60,000
CEO
Mr. William Joseph Hornbuckle IV
Country
United States
IPO Year
1990
Website
www.mgmresorts.comMGM Resorts International (MGM) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
MGM Resorts Q1 Earnings Miss Estimates, Revenues Rise Y/Y
MGM Resorts Q1 revenues beats expectations as China and digital strength lift sales, but higher costs and margin pressure push earnings below estimates.
Apr 30, 2026
By Zacks Equity Research
Analyst Blog
MGM (MGM) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for MGM (MGM) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Apr 30, 2026
By Zacks Equity Research
Fundamental Analysis
MGM Resorts (MGM) Q1 Earnings Lag Estimates
MGM (MGM) delivered earnings and revenue surprises of -13.01% and +2.08%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Apr 29, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
MGM Shares Dip After Q1 Earnings — Here's Why
10 days ago
Quick Summary
MGM Resorts International (NYSE:MGM) reported mixed Q1 results, missing analyst earnings estimates, as announced after the market closed on Wednesday.
Why It Matters
MGM's mixed results and missed earnings estimates may signal potential financial instability, affecting stock performance and investor confidence.
Source: Benzinga
Market Sentiment:
Negative
Quick Summary
The hotel and casino operator reported a quarterly profit of $125.1 million, a decline from $148.6 million in the same period last year.
Why It Matters
A decline in quarterly profit signals potential weakening in financial performance, which may lead to decreased investor confidence and stock price volatility.
Source: WSJ
Market Sentiment:
Neutral
Quick Summary
MGM Resorts International held its Q1 2026 earnings call, discussing financial performance and operational updates. Further details on revenue and growth strategies were provided.
Why It Matters
MGM's Q1 2026 earnings call provides insights into financial performance, operational trends, and future strategies, influencing stock valuation and investment decisions.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
MGM Resorts reported record 1Q net revenues, driven by MGM China, MGM Digital, and BetMGM. The company also sold MGM Northfield Park for $546 million in April 2026.
Why It Matters
Record revenue growth and successful ventures signal strong operational performance, enhancing investor confidence in MGM Resorts' future profitability and market position.
Source: PRNewsWire
Market Sentiment:
Neutral
MGM China Reports 2026 First Quarter Results
10 days ago
Quick Summary
MGM China reported a 10% YoY revenue increase and a 19% rise in daily mass GGR for Q1 2026. Macau's average daily visitor arrivals grew 14% YoY to 124,599.
Why It Matters
MGM China's revenue growth and increased visitor arrivals in Macau signal strong demand, potentially boosting profitability and stock performance, making it a key indicator for investors in the gaming sector.
Source: PRNewsWire
Market Sentiment:
Neutral
MGM Resorts (MGM) Q1 Earnings Lag Estimates
10 days ago
Quick Summary
MGM Resorts reported quarterly earnings of $0.49 per share, below the Zacks Consensus Estimate of $0.56, and down from $0.69 per share in the same quarter last year.
Why It Matters
MGM Resorts' earnings miss signals potential operational challenges, affecting investor confidence and stock valuation, as it indicates declining profitability compared to the previous year.
Source: Zacks Investment Research
Market Sentiment:
Negative
Frequently Asked Questions About MGM Stock
What is MGM Resorts International's (MGM) stock forecast for 2026?
Based on our analysis of 31 Wall Street analysts, MGM Resorts International (MGM) has a median price target of $44.00. The highest price target is $59.00 and the lowest is $33.00.
Is MGM stock a good investment in 2026?
According to current analyst ratings, MGM has 10 Buy ratings, 10 Hold ratings, and 3 Sell ratings. The stock is currently trading at $38.79. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MGM stock?
Wall Street analysts predict MGM stock could reach $44.00 in the next 12 months. This represents a 13.4% increase from the current price of $38.79. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is MGM Resorts International's business model?
The company generates revenue through its diverse portfolio of casino resorts, which offer gaming, accommodations, dining, and entertainment. Additionally, it earns income from its online gaming operations and sports betting ventures, particularly through its partnership with BetMGM, which covers North American markets.
What is the highest forecasted price for MGM MGM Resorts International?
The highest price target for MGM is $59.00 from Jordan Bender at JMP Securities, which represents a 52.1% increase from the current price of $38.79.
What is the lowest forecasted price for MGM MGM Resorts International?
The lowest price target for MGM is $33.00 from Trey Bowers at Wells Fargo, which represents a -14.9% decrease from the current price of $38.79.
What is the overall MGM consensus from analysts for MGM Resorts International?
The overall analyst consensus for MGM is neutral. Out of 31 Wall Street analysts, 10 rate it as Buy, 10 as Hold, and 3 as Sell, with a median price target of $44.00.
How accurate are MGM stock price projections?
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.
Important Disclaimer
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.
Last updated: May 9, 2026 10:20 AM UTC