MGM Resorts International (MGM)
NYSE: MGM · Real-Time Price · USD
30.36
-1.25 (-3.95%)
At close: Mar 28, 2025, 4:00 PM
30.24
-0.12 (-0.40%)
After-hours: Mar 28, 2025, 8:00 PM EDT
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 51.06, with a low estimate of 41 and a high estimate of 60. The average target predicts an increase of 68.18% from the current stock price of 30.36.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 24, 2025.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 7 | 7 |
| Buy | 7 | 7 | 7 | 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 | 13 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $39 → $41 | Hold | Maintains | $39 → $41 | +35.05% | Feb 24, 2025 |
| Macquarie | Macquarie | Buy Maintains $50 | Buy | Maintains | $50 | +64.69% | Feb 13, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +64.69% | Feb 13, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $44 → $46 | Buy | Maintains | $44 → $46 | +51.52% | Feb 13, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $50 | Buy | Reiterates | $50 | +64.69% | Feb 13, 2025 |
Financial Forecast
Revenue This Year
17.49B
from 17.24B
Increased by 1.44%
Revenue Next Year
17.80B
from 17.49B
Increased by 1.79%
EPS This Year
2.33
from 2.40
Decreased by -2.99%
EPS Next Year
2.82
from 2.33
Increased by 21.27%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.6B | 19.1B | 19.7B | ||
| Avg | 17.5B | 17.8B | 16.8B | ||
| Low | 16.6B | 16.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.6% | 9.4% | 10.4% | ||
| Avg | 1.4% | 1.8% | -5.7% | ||
| Low | -3.5% | -5.0% | -89.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.19 | 3.80 | 4.75 | ||
| Avg | 2.33 | 2.82 | 3.31 | ||
| Low | 1.57 | 1.92 | 2.30 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.0% | 63.3% | 68.2% | ||
| Avg | -3.0% | 21.3% | 17.3% | ||
| Low | -34.8% | -17.5% | -18.4% |
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.