MGM Resorts International (MGM)
NYSE: MGM · Real-Time Price · USD
31.72
+0.30 (0.95%)
Apr 25, 2025, 4:00 PM EDT - Market closed
MGM Resorts International Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for MGM Resorts International stock have an average target of 49.33, with a low estimate of 36 and a high estimate of 60. The average target predicts an increase of 55.52% from the current stock price of 31.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MGM Resorts International stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 7 | 7 | 6 |
| Buy | 7 | 7 | 8 | 8 | 8 | 8 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 15 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +41.87% | Apr 23, 2025 |
| Barclays | Barclays | Buy Maintains $47 → $41 | Buy | Maintains | $47 → $41 | +29.26% | Apr 22, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $50 → $45 | Buy | Maintains | $50 → $45 | +41.87% | Apr 17, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $37 → $36 | Hold | Maintains | $37 → $36 | +13.49% | Apr 16, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $39 → $41 | Hold | Maintains | $39 → $41 | +29.26% | Feb 24, 2025 |
Financial Forecast
Revenue This Year
17.47B
from 17.24B
Increased by 1.33%
Revenue Next Year
17.79B
from 17.47B
Increased by 1.80%
EPS This Year
2.28
from 2.40
Decreased by -5.15%
EPS Next Year
2.77
from 2.28
Increased by 21.59%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.6B | 19.1B | 19.6B | ||
| Avg | 17.5B | 17.8B | 16.7B | ||
| Low | 16.5B | 16.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.6% | 9.5% | 10.0% | ||
| Avg | 1.3% | 1.8% | -6.0% | ||
| Low | -4.1% | -4.9% | -89.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.19 | 3.76 | 4.75 | ||
| Avg | 2.28 | 2.77 | 3.22 | ||
| Low | 1.34 | 1.69 | 2.29 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.0% | 65.0% | 71.6% | ||
| Avg | -5.2% | 21.6% | 16.5% | ||
| Low | -44.0% | -25.6% | -17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.