What is the price target for MGM stock?
31 analysts have analysed MGM and the average price target is 44.49 USD. This implies a price increase of 9.71% is expected in the next year compared to the current price of 40.55.
MGM RESORTS INTERNATIONAL (MGM) Forecast, Price Target & Analyst Ratings
NYSE:MGM • US5529531015
Current stock price
40.55 USD
+1.01 (+2.55%)
At close:
40.55 USD
0 (0%)
After Hours:
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
Next Earnings Forecast
Earnings Estimate- Release Date
- Apr 29, 2026
- Period
- Q1 / 2026
- EPS Estimate
- $0.54
- Revenue Estimate
- 4.405B
Price Target Details & History
Consensus Price Target and Range
Mean target
$44.49
Upside
+ 9.71%
From current price of $40.55 to mean target of $44.49, Based on 31 analyst forecasts
Low
$31.31
Median
$44.88
High
$65.10
Price Target Revisions
1 Month
-0.11%
3 Months
-0.97%
Price Target Summary
31 Wall Street analysts provided a forecast for the next 12 months for MGM. The average price target is 44.49 USD. This implies a price increase of 9.71% is expected in the next year compared to the current price of 40.55.
The average price target has been revised downward by 0.97% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
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.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-04-16 | Wells Fargo | Maintains | Underweight -> Underweight |
| 2026-04-16 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-04-10 | UBS | Maintains | Neutral -> Neutral |
| 2026-04-08 | Morgan Stanley | Maintains | Underweight -> Underweight |
| 2026-02-09 | Citigroup | Maintains | Neutral -> Neutral |
| 2026-02-06 | Macquarie | Maintains | Outperform -> Outperform |
| 2026-02-06 | Stifel | Maintains | Buy -> Buy |
| 2026-02-06 | Truist Securities | Maintains | Hold -> Hold |
| 2026-02-06 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-01-16 | Morgan Stanley | Downgrade | Equal-Weight -> Underweight |
| 2026-01-13 | Truist Securities | Downgrade | Buy -> Hold |
| 2026-01-02 | Truist Securities | Maintains | Buy -> Buy |
| 2025-12-17 | Barclays | Downgrade | Overweight -> Equal-Weight |
| 2025-11-21 | Citigroup | Downgrade | Buy -> Neutral |
| 2025-11-18 | Wells Fargo | Initiate | Underweight |
| 2025-11-17 | UBS | Maintains | Neutral -> Neutral |
| 2025-10-30 | Barclays | Maintains | Overweight -> Overweight |
| 2025-10-30 | Truist Securities | Maintains | Buy -> Buy |
| 2025-10-30 | JP Morgan | Maintains | Neutral -> Neutral |
| 2025-10-30 | Citigroup | Maintains | Buy -> Buy |
| 2025-10-22 | Stifel | Maintains | Buy -> Buy |
| 2025-10-21 | Truist Securities | Maintains | Buy -> Buy |
| 2025-10-16 | JP Morgan | Maintains | Neutral -> Neutral |
| 2025-10-13 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-09-22 | Mizuho | Maintains | Outperform -> Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Apr 29, 2026
- Period
- Q1 / 2026
- EPS Estimate
- $0.54
- Revenue Estimate
- 4.405B
- Revenue Q2Q
- 2.99%
- EPS Q2Q
- -21.98%
- Number of Analysts
- 20
Next Earnings Revisions
Revenue (1 Month)
-0.09%
Revenue (3 Months)
0.16%
EPS (1 Month)
-8.29%
EPS (3 Months)
-27.20%
Next Earnings Summary
MGM is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 0.54 USD and the consensus revenue estimate is 4.41B USD.
The next earnings revenue estimate has been revised upward by 0.16% in the past 3 months.
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 | 16.164B 23.14% | 17.241B 6.66% | 17.538B 1.72% | 17.83B 1.67% | 18.136B 1.72% | 18.561B 2.34% | 19.749B 6.40% | 21.011B 6.39% | 22.819B 8.61% | 23.884B 4.67% | 24.739B 3.58% | |
| EBITDA YoY % growth | 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 | 1.583B 192.25% | 1.662B 5.01% | 1.337B -19.59% | 1.442B 7.87% | 1.556B 7.91% | 1.778B 14.27% | 1.809B 1.74% | 1.589B -12.16% | 2.375B 49.47% | 2.599B 9.43% | 2.784B 7.12% | |
| Operating Margin | 9.79% | 9.64% | 7.62% | 8.09% | 8.58% | 9.58% | 9.16% | 7.56% | 10.41% | 10.88% | 11.25% | |
| EPS YoY % growth | 2.73 194.79% | 2.59 -5.13% | 2.29 -11.58% | 2.00 -12.47% | 2.55 27.00% | 2.98 16.94% | 2.92 -1.95% | 1.71 -41.52% | 5.43 218.34% | 6.47 19.14% | 8.51 31.51% |
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 | 0.54 -21.98% | 0.59 -24.93% | 0.30 26.74% | 0.55 -3.11% | 0.66 23.45% | 0.73 22.79% | 0.38 26.09% | 0.77 39.18% | 0.79 19.22% | 0.89 22.61% | 0.62 62.08% | 1.00 29.89% |
| Revenue Q2Q % growth | 4.405B 2.99% | 4.509B 2.36% | 4.355B 2.46% | 4.556B -1.07% | 4.388B -0.39% | 4.55B 0.91% | 4.432B 1.77% | 4.588B 0.70% | 4.472B 1.91% | 4.593B 0.95% | 4.57B 3.11% | 4.722B 2.92% |
| EBITDA Q2Q % growth | 1.164B 79.11% | 1.212B 41.38% | 1.067B 11.31% | 1.154B -14.07% | 1.249B 7.30% | 1.299B 7.18% | 1.178B 10.40% | 1.269B 9.97% | 1.335B 6.89% | 1.369B 5.39% | 1.28B 8.66% | 1.401B 10.40% |
| EBIT Q2Q % growth | 349.85M -15.38% | 393.43M 3.85% | 261.33M 19.10% | 353.68M 8.79% | 438.03M 25.21% | 469.76M 19.40% | 367.94M 40.80% | 492.7M 39.31% | 476.04M 8.68% | 508.36M 8.22% | 422.68M 14.88% | 547.2M 11.06% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
9.14%
EPS Next 5 Year
-5.71%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
1.93%
Revenue Next 5 Year
3.69%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
52.21%
EBIT Next 5 Year
37.84%
MGM RESORTS INTERNATIONAL / MGM Forecast FAQ
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 0.54 USD and the consensus revenue estimate is 4.41B 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.