
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International has demonstrated robust financial performance with a notable 20% increase in EBITDAR year-over-year, underpinned by a 17% rise in net revenues and improved margins. Bookings for 2026 appear strong, with group room nights pacing up 12% and visitor growth during significant holiday periods indicating resilience in high-end segments despite softer overall demand in Las Vegas. Additionally, the company's strategic investments in international markets such as Brazil and the upcoming $10 billion integrated resort project in Osaka position MGM for long-term growth, further solidifying its competitive advantage in both the Las Vegas Strip and Macau markets.
Bears say
MGM Resorts International experienced a -2% EBITDAR miss attributed to weakness on the Las Vegas Strip, significantly impacting its financial performance despite growth in luxury properties. Notably, issues such as reduced business interruption proceeds, increased non-cash insurance accruals, and lower table game win contributed to a year-over-year EBITDA decline, along with a decrease in average daily rates (ADR) and occupancy. Expectations for the Las Vegas market in the second half of 2025 remain subdued, with projections for a slight decline to flat EBITDA in 2025, indicating potential challenges ahead for the company amid tough market comparisons.
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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