MGM Resorts International (MGM)
NYSE: MGM · Real-Time Price · USD
36.00
-2.30 (-6.01%)
At close: Feb 21, 2025, 4:00 PM
36.14
+0.14 (0.39%)
After-hours: Feb 21, 2025, 6:42 PM EST
MGM Resorts International Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for MGM Resorts International stock have an average target of 51.25, with a low estimate of 44 and a high estimate of 60. The average target predicts an increase of 42.36% from the current stock price of 36.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MGM Resorts International stock from 16 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 6 | 7 |
| Buy | 7 | 7 | 7 | 7 | 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 | 14 | 13 | 13 | 13 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy Maintains $50 | Buy | Maintains | $50 | +38.89% | Feb 13, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +38.89% | Feb 13, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $44 → $46 | Buy | Maintains | $44 → $46 | +27.78% | Feb 13, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $50 | Buy | Reiterates | $50 | +38.89% | Feb 13, 2025 |
| Barclays | Barclays | Buy Maintains $45 → $47 | Buy | Maintains | $45 → $47 | +30.56% | Feb 13, 2025 |
Financial Forecast
Revenue This Year
17.36B
from 17.24B
Increased by 0.68%
Revenue Next Year
17.76B
from 17.36B
Increased by 2.32%
EPS This Year
2.28
from 2.40
Decreased by -4.81%
EPS Next Year
2.75
from 2.28
Increased by 20.27%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.4B | 18.9B | 19.5B | ||
| Avg | 17.4B | 17.8B | 18.2B | ||
| Low | 16.2B | 16.6B | 17.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.8% | 9.1% | 9.6% | ||
| Avg | 0.7% | 2.3% | 2.3% | ||
| Low | -5.8% | -4.3% | -3.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.18 | 3.81 | 4.81 | ||
| Avg | 2.28 | 2.75 | 4.04 | ||
| Low | 1.16 | 1.57 | 3.60 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 32.6% | 66.9% | 75.1% | ||
| Avg | -4.8% | 20.3% | 47.2% | ||
| Low | -51.7% | -31.2% | 30.9% |
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.