
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International demonstrated a robust financial performance with EBITDAR experiencing a significant increase of +31% year-over-year, alongside net revenues rising by +21% and margins improving by +190 basis points. The company's forward outlook is supported by strong bookings for 2026, indicating a +12% increase in group room nights, while overall visitation grew by +11% during the Golden Week holiday period, contributing to a +20% increase in total win. Additionally, the company's digital revenue surged by 35%, fueled by organic growth and brand expansion, signaling a positive trajectory for MGM's operational resilience and revenue diversification.
Bears say
MGM Resorts International experienced a disappointing financial performance, marked by a -2% EBITDAR miss primarily due to weakness on the Las Vegas Strip, where luxury properties showed growth but non-luxury properties experienced significant declines during weekdays. The company faced various challenges, including a decline in average daily rates and occupancy, a decrease in business interruption proceeds, and increased insurance accruals, leading to a significant drop in net revenues of -7% year-over-year. As a result, management has revised down its EBITDAR estimates for 2025 and 2026, anticipating continued softness in its Vegas operations and a subsequent impact on overall financial performance.
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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