
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International holds a significant position in the Las Vegas Strip, operating approximately 25% of the market's guest rooms and generating around 59% of its total EBITDAR in 2024. The company is expected to benefit from a projected re-acceleration of momentum on the Las Vegas Strip in 2026, enhanced by its strong presence in Macau and the anticipation of positive developments regarding its Japan resort and potential gaming opportunities in New York. Additionally, MGM's diverse revenue streams, including its growing sports and i-gaming operations, bolster the outlook for continued financial performance and growth.
Bears say
MGM Resorts International faces a subdued outlook for its Las Vegas operations into the second half of 2025, with expectations of only slight to flat EBITDA growth, indicating potential challenges amid tough market comparisons. The company may experience a material slowdown in customer spending patterns, which could impact overall revenue generation despite a sizable amount of free cash flow. Additionally, the Las Vegas Strip is anticipated to see softer operating conditions, particularly for lower and mid-tier properties, limiting visibility and contributing to the ongoing financial uncertainty for MGM.
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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