
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International experienced a significant increase in EBITDAR by 20% year-over-year, driven by a 17% rise in net revenues and improved margins. The company's strong performance is further supported by increased bookings for 2026, with group room nights up 12% and robust visitation during key holiday periods, indicating resilience in high-end segments despite some softness in Las Vegas demand. Additionally, MGM is positioned to capitalize on future growth through its integrated resort opportunity in Osaka, as well as continued recovery in Macau, enhancing its overall financial outlook.
Bears say
MGM Resorts International reported a -2% EBITDAR miss for the period, primarily due to weakness on the Las Vegas Strip, despite some offset from its Macau and regional properties. The company experienced a 7% year-over-year decline in net revenues, with significant operational impacts arising from midweek weakness at lower-end properties like Luxor and Excalibur. Additionally, management highlighted various factors contributing to EBITDA weakness, including decreased business interruption proceeds, increased insurance accruals, and lower average daily rates (ADRs) and occupancy rates, leading to a revised negative outlook for future earnings.
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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