Melco Resorts and Entertainment Ltd has a consensus price target of $9.83 based on the ratings of 9 analysts. The high is $18.2 issued by Credit Suisse on June 20, 2023. The low is $6 issued by Citigroup on February 10, 2025. The 3 most-recent analyst ratings were released by Morgan Stanley, Citigroup, and Susquehanna on March 3, 2025, February 10, 2025, and February 3, 2025, respectively. With an average price target of $7.23 between Morgan Stanley, Citigroup, and Susquehanna, there's an implied 35.20% upside for Melco Resorts and Entertainment Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/03/2025 | Buy Now | 25.23% | Morgan Stanley | Praveen Choudhary45% | $7.5 → $6.7 | Upgrade | Equal-Weight → Overweight | Get Alert |
02/10/2025 | Buy Now | 12.15% | Citigroup | George Choi67% | $10 → $6 | Downgrade | Buy → Neutral | Get Alert |
02/03/2025 | Buy Now | 68.22% | Susquehanna | Joseph Stauff71% | $10 → $9 | Maintains | Positive | Get Alert |
12/17/2024 | Buy Now | 40.19% | Morgan Stanley | Praveen Choudhary45% | $9.6 → $7.5 | Downgrade | Overweight → Equal-Weight | Get Alert |
08/12/2024 | Buy Now | 40.19% | B of A Securities | Ronald Leung29% | $8.5 → $7.5 | Maintains | Buy | Get Alert |
07/18/2024 | Buy Now | 30.84% | JP Morgan | Joseph Greff53% | $10 → $7 | Downgrade | Overweight → Neutral | Get Alert |
07/11/2024 | Buy Now | 58.88% | B of A Securities | Ronald Leung29% | $10.4 → $8.5 | Maintains | Buy | Get Alert |
05/29/2024 | Buy Now | 94.39% | B of A Securities | Ronald Leung29% | $7.5 → $10.4 | Upgrade | Neutral → Buy | Get Alert |
05/06/2024 | Buy Now | 79.44% | Morgan Stanley | Praveen Choudhary45% | $8.3 → $9.6 | Upgrade | Equal-Weight → Overweight | Get Alert |
05/01/2024 | Buy Now | 161.68% | Citigroup | George Choi67% | $13.75 → $14 | Maintains | Buy | Get Alert |
04/29/2024 | Buy Now | 105.61% | Susquehanna | Joseph Stauff71% | $15 → $11 | Maintains | Positive | Get Alert |
04/15/2024 | Buy Now | 86.92% | Seaport Global | Vitaly Umansky14% | → $10 | Initiates | → Buy | Get Alert |
03/12/2024 | Buy Now | 57.01% | B of A Securities | Ronald Leung29% | $10 → $8.4 | Maintains | Neutral | Get Alert |
01/02/2024 | Buy Now | 79.44% | Morgan Stanley | Praveen Choudhary45% | → $9.6 | Downgrade | Overweight → Equal-Weight | Get Alert |
12/15/2023 | Buy Now | 180.37% | Susquehanna | Joseph Stauff71% | → $15 | Initiates | → Positive | Get Alert |
07/18/2023 | Buy Now | 204.67% | Macquarie | Zibo Chen22% | → $16.3 | Initiates | → Outperform | Get Alert |
06/28/2023 | Buy Now | 161.68% | B of A Securities | Ronald Leung29% | $16 → $14 | Downgrade | Buy → Neutral | Get Alert |
06/20/2023 | Buy Now | 240.19% | Credit Suisse | Kenneth Fong36% | $14 → $18.2 | Upgrade | Neutral → Outperform | Get Alert |
11/28/2022 | Buy Now | 86.92% | JP Morgan | Joseph Greff53% | $7 → $10 | Upgrade | Neutral → Overweight | Get Alert |
10/17/2022 | Buy Now | — | Credit Suisse | Kenneth Fong36% | — | Downgrade | Outperform → Neutral | Get Alert |
09/26/2022 | Buy Now | 114.95% | Citigroup | George Choi67% | $11 → $11.5 | Maintains | Buy | Get Alert |
07/05/2022 | Buy Now | 105.61% | Citigroup | George Choi67% | $12.5 → $11 | Maintains | Buy | Get Alert |
05/06/2022 | Buy Now | 44.49% | CLSA | Jonathan Galligan62% | $7.84 → $7.73 | Upgrade | Outperform → Buy | Get Alert |
The latest price target for Melco Resorts and Enter (NASDAQ:MLCO) was reported by Morgan Stanley on March 3, 2025. The analyst firm set a price target for $6.70 expecting MLCO to rise to within 12 months (a possible 25.23% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Melco Resorts and Enter (NASDAQ:MLCO) was provided by Morgan Stanley, and Melco Resorts and Enter upgraded their overweight rating.
The last upgrade for Melco Resorts and Entertainment Ltd happened on March 3, 2025 when Morgan Stanley raised their price target to $6.7. Morgan Stanley previously had an equal-weight for Melco Resorts and Entertainment Ltd.
The last downgrade for Melco Resorts and Entertainment Ltd happened on February 10, 2025 when Citigroup changed their price target from $10 to $6 for Melco Resorts and Entertainment Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Melco Resorts and Enter, 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 Melco Resorts and Enter was filed on March 3, 2025 so you should expect the next rating to be made available sometime around March 3, 2026.
While ratings are subjective and will change, the latest Melco Resorts and Enter (MLCO) rating was a upgraded with a price target of $7.50 to $6.70. The current price Melco Resorts and Enter (MLCO) is trading at is $5.35, which is out of the analyst’s predicted range.
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