MGM RESORTS INTERNATIONAL (MGM) Forecast, Price Target & Analyst Ratings

NYSE:MGM • US5529531015

Current stock price

38.49 USD
+0.13 (+0.34%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MGM RESORTS INTERNATIONAL (MGM).

Forecast Snapshot

Consensus Price Target

Price Target
$44.53
+ 15.70% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$0.59
Revenue Estimate
4.415B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.26%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$44.53
Upside
+ 15.70%
From current price of $38.49 to mean target of $44.53, Based on 31 analyst forecasts
Low
$31.31
Median
$44.88
High
$65.10

Price Target Revisions

1 Month
0.00%
3 Months
1.33%

Price Target Summary

31 Wall Street analysts provided a forecast for the next 12 months for MGM. The average price target is 44.53 USD. This implies a price increase of 15.7% is expected in the next year compared to the current price of 38.49.
The average price target has been revised upward by 1.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MGM Current Analyst RatingMGM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

MGM Historical Analyst RatingsMGM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
72.26%
MGM was analyzed by 31 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about MGM.
In the previous month the buy percentage consensus was at a similar level.
MGM was analyzed by 31 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-16Wells FargoMaintains Underweight -> Underweight
2026-04-10UBSMaintains Neutral -> Neutral
2026-04-08Morgan StanleyMaintains Underweight -> Underweight
2026-02-09CitigroupMaintains Neutral -> Neutral
2026-02-06MacquarieMaintains Outperform -> Outperform
2026-02-06StifelMaintains Buy -> Buy
2026-02-06Truist SecuritiesMaintains Hold -> Hold
2026-02-06JP MorganMaintains Neutral -> Neutral
2026-01-16Morgan StanleyDowngrade Equal-Weight -> Underweight
2026-01-13Truist SecuritiesDowngrade Buy -> Hold
2026-01-02Truist SecuritiesMaintains Buy -> Buy
2025-12-17BarclaysDowngrade Overweight -> Equal-Weight
2025-11-21CitigroupDowngrade Buy -> Neutral
2025-11-18Wells FargoInitiate Underweight
2025-11-17UBSMaintains Neutral -> Neutral
2025-10-30BarclaysMaintains Overweight -> Overweight
2025-10-30Truist SecuritiesMaintains Buy -> Buy
2025-10-30JP MorganMaintains Neutral -> Neutral
2025-10-30CitigroupMaintains Buy -> Buy
2025-10-22StifelMaintains Buy -> Buy
2025-10-21Truist SecuritiesMaintains Buy -> Buy
2025-10-16JP MorganMaintains Neutral -> Neutral
2025-10-13MizuhoMaintains Outperform -> Outperform
2025-09-22MizuhoMaintains Outperform -> Outperform
2025-09-11UBSMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$0.59
Revenue Estimate
4.415B
Revenue Q2Q
3.22%
EPS Q2Q
-13.98%
Number of Analysts
19

Next Earnings Revisions

Revenue (1 Month)
0.25%
Revenue (3 Months)
-0.05%
EPS (1 Month)
-2.47%
EPS (3 Months)
-14.80%

Next Earnings Summary

MGM is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 0.59 USD and the consensus revenue estimate is 4.42B USD.
The next earnings revenue estimate has been revised downward by 0.05% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
MGM revenue by date.MGM revenue by date.
16.164B
23.14%		17.241B
6.66%		17.538B
1.72%		17.854B
1.80%		18.142B
1.61%		18.563B
2.32%		19.879B
7.09%		21.139B
6.34%		22.947B
8.55%		24.016B
4.66%		24.88B
3.60%
EBITDA
YoY % growth
MGM ebitda by date.MGM ebitda by date.
2.397B
35.74%		2.494B
4.02%		2.355B
-5.57%		4.819B
104.67%		4.818B
-0.02%		4.281B
-11.15%		5.667B
32.38%		6.041B
6.60%		6.58B
8.92%		6.866B
4.35%		N/A
EBIT
YoY % growth
MGM ebit by date.MGM ebit by date.
1.583B
192.25%		1.662B
5.01%		1.337B
-19.59%		1.442B
7.87%		1.556B
7.91%		1.778B
14.27%		2.153B
21.09%		1.958B
-9.06%		2.771B
41.52%		2.993B
8.01%		3.192B
6.65%
Operating Margin
MGM operating margin by date.MGM operating margin by date.
9.79%9.64%7.62%8.08%8.58%9.58%10.83%9.26%12.08%12.46%12.83%
EPS
YoY % growth
MGM eps by date.MGM eps by date.
2.73
194.79%		2.59
-5.13%		2.29
-11.58%		2.00
-12.47%		2.55
27.00%		2.98
16.94%		3.82
28.24%		2.88
-24.60%		6.35
120.70%		8.28
30.37%		10.82
30.61%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.59
-13.98%		0.62
-21.92%		0.27
12.85%		0.50
-12.71%		0.68
14.70%		0.77
24.89%		0.43
57.18%		0.76
52.95%		0.86
26.04%		0.97
25.73%		0.69
61.45%		1.05
38.49%
Revenue
Q2Q % growth		4.415B
3.22%		4.52B
2.61%		4.342B
2.15%		4.545B
-1.31%		4.403B
-0.27%		4.552B
0.71%		4.433B
2.10%		4.604B
1.30%		4.506B
2.34%		4.603B
1.12%		4.572B
3.14%		4.741B
2.98%
EBITDA
Q2Q % growth		1.164B
79.11%		1.214B
41.62%		1.054B
9.96%		1.14B
-15.11%		1.257B
7.99%		1.297B
6.84%		1.168B
10.82%		1.27B
11.40%		1.335B
6.21%		1.369B
5.55%		1.28B
9.59%		1.401B
10.31%
EBIT
Q2Q % growth		374.51M
-9.41%		421.06M
11.15%		265.68M
21.09%		358.7M
10.34%		463.83M
23.85%		491.32M
16.69%		387.53M
45.86%		507.91M
41.60%		501.79M
8.18%		535.53M
9.00%		446.56M
15.23%		567.6M
11.75%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MGM Yearly Revenue VS EstimatesMGM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
MGM Yearly EPS VS EstimatesMGM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 5 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.14%
EPS Next 5 Year
4.68%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.93%
Revenue Next 5 Year
3.82%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
52.21%
EBIT Next 5 Year
37.84%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MGM RESORTS INTERNATIONAL / MGM Forecast FAQ

What is the price target for MGM stock?

31 analysts have analysed MGM and the average price target is 44.53 USD. This implies a price increase of 15.7% is expected in the next year compared to the current price of 38.49.

When does MGM RESORTS INTERNATIONAL (MGM) report earnings?

MGM RESORTS INTERNATIONAL (MGM) will report earnings on 2026-04-29, after the market close.

What are the consensus estimates for MGM RESORTS INTERNATIONAL (MGM) next earnings?

The consensus EPS estimate for the next earnings of MGM RESORTS INTERNATIONAL (MGM) is 0.59 USD and the consensus revenue estimate is 4.42B USD.

What is the consensus rating for MGM stock?

The consensus rating for MGM RESORTS INTERNATIONAL (MGM) is 72.2581 / 100 . This indicates that analysts generally have a positive outlook on the stock.