
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International is a strong and well-positioned diversified operator with a promising outlook for the future. Despite some slight headwinds and macroeconomic challenges, MGM has maintained its market share and expects solid regional trends to continue. The company's focus on non-gaming amenities and expansions in key markets such as Japan and Dubai, in addition to its strong financial performance and commitment to returning capital to shareholders, make it a prime investment opportunity.
Bears say
MGM Resorts International is facing several challenges, including the ongoing decline in their Macau operations and the competitive intensity in Brazil. The company's low single-digit percentage of revenue from sports and i-gaming also puts them at a disadvantage compared to other competitors in the industry. Additionally, the company's focus on all-inclusive offerings and partnerships with Marriott may not yield significant upside as they currently represent a small portion of total EBITDAR. As a result, the company may face difficulty in achieving sustained growth and profitability, warranting a negative outlook.
This aggregate rating is based on analysts' research of MGM Resorts and is not a guaranteed prediction by Public.com or investment advice.
MGM Resorts (MGM) Analyst Forecast & Price Prediction
Start investing in MGM Resorts (MGM)
Order type
Buy in
Order amount
Est. shares
0 shares