Melco Resorts & Entertainment Limited (MLCO)
NASDAQ: MLCO · Real-Time Price · USD
5.92
+0.14 (2.42%)
Jan 28, 2025, 4:00 PM EST - Market closed
MLCO Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MLCO stock have an average target of 9.50, with a low estimate of 7.00 and a high estimate of 14. The average target predicts an increase of 60.47% from the current stock price of 5.92.
Analyst Consensus: Buy
* Price targets were last updated on Dec 17, 2024.
Analyst Ratings
The average analyst rating for MLCO stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $9.6 → $7.5 | Buy → Hold | Downgrades | $9.6 → $7.5 | +26.69% | Dec 17, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $8.5 → $7.5 | Strong Buy | Maintains | $8.5 → $7.5 | +26.69% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $10 → $7 | Buy → Hold | Downgrades | $10 → $7 | +18.24% | Jul 18, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $10 → $8.5 | Strong Buy | Maintains | $10 → $8.5 | +43.58% | Jul 11, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $7.5 → $10 | Hold → Strong Buy | Upgrades | $7.5 → $10 | +75.68% | May 29, 2024 |
Financial Forecast
Revenue This Year
4.72B
from 3.78B
Increased by 25.02%
Revenue Next Year
4.97B
from 4.72B
Increased by 5.36%
EPS This Year
0.20
from -0.75
EPS Next Year
0.46
from 0.20
Increased by 132.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.1B | 5.6B | 5.6B | |||
| Avg | 4.7B | 5.0B | 5.2B | |||
| Low | 4.4B | 4.6B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 34.2% | 18.6% | 12.6% | |||
| Avg | 25.0% | 5.4% | 3.9% | |||
| Low | 17.4% | -2.1% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2029 |
|---|---|---|---|---|
| High | 0.38 | 1.23 | 1.38 | |
| Avg | 0.20 | 0.46 | 0.77 | |
| Low | 0.03 | - | 0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2029 |
|---|---|---|---|---|
| High | - | 517.0% | 196.6% | |
| Avg | - | 132.9% | 65.9% | |
| Low | - | - | -0.7% |
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.