MGM Resorts (MGM) Stock Forecast, Price Target & Predictions
MGM Stock Forecast
MGM Resorts (MGM) stock forecast, based on 37 Wall Street analysts, predicts a 12-month average price target of $43.75, with a high of $55.00 and a low of $29.00. This represents a 48.31% increase from the last price of $29.50.
MGM Stock Rating
MGM Resorts stock's rating consensus is Buy, based on 37 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (51.35%), 17 Hold (45.95%), 1 Sell (2.70%), and 0 Strong Sell (0.00%).
Buy
MGM Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | MGM Resorts | 48.31% |
| Sector | Consumer Cyclical Stocks | 12.30% |
| Industry | Gambling, Resorts & Casinos Stocks | 44.48% |
| Idea | Sports Betting Stocks List | 62.12% |
| Idea | Travel Stocks List | 11.55% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 6 | 8 | 34 |
| Avg Price Target | $37.67 | $41.75 | $42.51 |
| Last Closing Price | $29.50 | $29.50 | $29.50 |
| Upside/Downside | 27.69% | 41.53% | 44.10% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Oct, 26 | 2 | 8 | 11 | 2 | - | 23 |
| Sep, 26 | 1 | 8 | 11 | 2 | - | 22 |
| Aug, 26 | 1 | 8 | 11 | 2 | - | 22 |
| Jul, 26 | 1 | 8 | 10 | 3 | - | 22 |
| Jun, 26 | 1 | 10 | 9 | 3 | - | 23 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2026 | CBRE | $42.00 | $28.87 | 45.48% | 42.37% | |
| Oct 19, 2026 | Wells Fargo | $29.00 | $28.60 | 1.40% | -1.69% | |
| Oct 19, 2026 | Stephen Grambling | Morgan Stanley | $29.00 | $28.60 | 1.40% | -1.69% |
| Oct 13, 2026 | Goldman Sachs | $30.00 | $29.32 | 2.32% | 1.69% | |
| Oct 08, 2026 | Susquehanna | $41.00 | $30.00 | 36.67% | 38.98% | |
| Sep 24, 2026 | Ben Chaiken | Mizuho Securities | $55.00 | $37.85 | 45.31% | 86.44% |
| Aug 17, 2026 | John Staszak | Argus Research | $55.00 | $43.64 | 26.03% | 86.44% |
| Jul 29, 2026 | Susquehanna | $53.00 | $46.20 | 14.72% | 79.66% | |
| Jul 15, 2026 | Lizzie Dove | Goldman Sachs | $43.00 | $46.57 | -7.67% | 45.76% |
| Jul 09, 2026 | Barclays | $48.00 | $46.28 | 3.72% | 62.71% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2026 | CBRE | Hold | Buy | upgrade |
| Oct 19, 2026 | Morgan Stanley | Underweight | Underweight | hold |
| Oct 12, 2026 | Citigroup | Neutral | Neutral | hold |
| Sep 11, 2026 | UBS | Neutral | Neutral | hold |
| Jul 29, 2026 | Susquehanna | Positive | Positive | hold |
| Jul 22, 2026 | Morgan Stanley | Underweight | Underweight | hold |
| Jul 15, 2026 | Goldman Sachs | Sell | Sell | hold |
| Jul 09, 2026 | Barclays | Negative | Negative | hold |
| Jul 02, 2026 | Jefferies | Hold | Hold | hold |
| Jun 04, 2026 | UBS | Neutral | Neutral | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $2.44 | $0.51 | $3.22 | $2.42 | $0.77 | - | - | - |
| Avg Forecast | $-0.68 | $-1.77 | $2.36 | $2.44 | $2.25 | $2.47 | $3.35 | $7.12 |
| High Forecast | $-0.66 | $-1.71 | $2.43 | $2.63 | $3.24 | $4.39 | $4.61 | $7.31 |
| Low Forecast | $-0.69 | $-1.81 | $2.30 | $2.32 | $1.22 | $1.61 | $2.41 | $6.85 |
| Surprise % | -458.82% | -128.81% | 36.44% | -0.82% | -65.78% | - | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $9.68B | $13.13B | $16.16B | $17.24B | $17.54B | - | - | - |
| Avg Forecast | $9.40B | $12.90B | $15.93B | $17.18B | $17.15B | $17.55B | $17.86B | $18.20B |
| High Forecast | $9.52B | $13.10B | $16.06B | $17.29B | $17.52B | $17.57B | $17.95B | $18.58B |
| Low Forecast | $9.19B | $12.57B | $15.79B | $17.05B | $16.77B | $17.53B | $17.78B | $17.67B |
| Surprise % | 2.99% | 1.78% | 1.50% | 0.34% | 2.27% | - | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $1.25B | $1.47B | $1.14B | $746.56M | $206.25M | - | - | - |
| Avg Forecast | $3.57B | $6.69B | $1.14B | $903.35M | $720.85M | $860.68M | $1.13B | $2.55B |
| High Forecast | $4.45B | $8.04B | $1.38B | $942.70M | $1.16B | $1.57B | $1.65B | $2.62B |
| Low Forecast | $2.70B | $5.34B | $913.48M | $831.79M | $437.17M | $578.33M | $862.73M | $2.46B |
| Surprise % | -64.90% | -77.98% | -0.19% | -17.36% | -71.39% | - | - | - |