
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International reported a 20% year-over-year increase in EBITDAR, alongside a 17% rise in net revenues and improved margins by 60 basis points, indicating a robust financial performance. The company is experiencing strong forward bookings for 2026, with group room nights up 12%, while visitation during peak periods shows resilience, exemplified by an 11% increase during the Golden Week holiday. Additionally, the ongoing recovery in Macau and the potential for a $10 billion integrated resort project in Osaka offer significant long-term growth opportunities, further enhancing the positive outlook for MGM Resorts.
Bears say
MGM Resorts International reported a -2% EBITDAR miss due to weakness in the Las Vegas Strip, which was only partially offset by performance from Macau and regional operations; net revenues fell by 7% year-over-year, totaling $147 million in losses. Key factors contributing to the EBITDA weakness included a decline in business interruption proceeds, increased insurance accruals, lower table game wins, significant room renovation costs at the MGM Grand, and decreased average daily rates and occupancy, which adversely affected food and beverage revenues. Management's outlook for Las Vegas in the second half of 2025 remains subdued, with expectations of a slight decline or flat performance in EBITDA for 2025, reflecting the challenging comparable base the market will face.
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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