
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International is positioned to perform well in the coming years due to its dominant presence on the Las Vegas Strip, representing a significant portion of total units and EBITDAR, and its expanding global footprint, including upcoming ventures in Japan. Despite some one-time events negatively impacting regional EBITDAR, MGM is continuing to innovate and attract guests through offerings such as all-inclusive packages and seeing positive feedback. With potential for multiple expansion, strong developments in digital and Macau, and a discounted valuation compared to peers, MGM has the potential to deliver solid returns for investors.
Bears say
MGM Resorts International is facing challenges on multiple fronts, including market share erosion in Las Vegas, potential threats from online prediction markets, and continued softness in the Vegas market due to heightened competition and promotional activity. The company's profitability has also been impacted, with the quant model showing weak profitability ratios. These factors, along with the potential for increased investments in the Brazilian market, contribute to the negative outlook on MGM's stock.
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
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