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MGM Resorts International

MGMNYSE
Logo brought to you by Benzinga Data
$36.00
-2.30-6.01%
At close: -
$36.14
0.140.39%
After Hours: 6:42 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$75.00
Lowest Price Target1
$44.00
Consensus Price Target1
$52.30

MGM Resorts International (NYSE:MGM) Stock, Analyst Ratings, Price Targets, Forecasts

MGM Resorts International has a consensus price target of $52.3 based on the ratings of 21 analysts. The high is $75 issued by Credit Suisse on May 2, 2023. The low is $44 issued by Morgan Stanley on October 22, 2024. The 3 most-recent analyst ratings were released by Macquarie, Citigroup, and Wells Fargo on February 13, 2025, respectively. With an average price target of $48.67 between Macquarie, Citigroup, and Wells Fargo, there's an implied 34.66% upside for MGM Resorts International from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Nov 24
1
Dec 24
2
Jan
6
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Macquarie
Citigroup
Wells Fargo
JMP Securities
Barclays

1calculated from analyst ratings

Analyst Ratings for MGM Resorts International

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for MGM Resorts International (MGM) stock?

A

The latest price target for MGM Resorts International (NYSE:MGM) was reported by Macquarie on February 13, 2025. The analyst firm set a price target for $50.00 expecting MGM to rise to within 12 months (a possible 38.35% upside). 40 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MGM Resorts International (MGM)?

A

The latest analyst rating for MGM Resorts International (NYSE:MGM) was provided by Macquarie, and MGM Resorts International maintained their outperform rating.

Q

When was the last upgrade for MGM Resorts International (MGM)?

A

The last upgrade for MGM Resorts International happened on May 2, 2024 when Susquehanna raised their price target to $54. Susquehanna previously had a neutral for MGM Resorts International.

Q

When was the last downgrade for MGM Resorts International (MGM)?

A

The last downgrade for MGM Resorts International happened on September 8, 2022 when Argus Research changed their price target from N/A to N/A for MGM Resorts International.

Q

When is the next analyst rating going to be posted or updated for MGM Resorts International (MGM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGM Resorts International, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MGM Resorts International was filed on February 13, 2025 so you should expect the next rating to be made available sometime around February 13, 2026.

Q

Is the Analyst Rating MGM Resorts International (MGM) correct?

A

While ratings are subjective and will change, the latest MGM Resorts International (MGM) rating was a maintained with a price target of $50.00 to $50.00. The current price MGM Resorts International (MGM) is trading at is $36.14, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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