
MGM Resorts (MGM) Stock Forecast & Price Target
MGM Resorts (MGM) Analyst Ratings
Bulls say
MGM Resorts International is positioned favorably within the gaming industry, particularly as it anticipates a re-acceleration of momentum on the Las Vegas Strip in 2026, which currently contributes approximately 59% of its total EBITDAR. The company's diversified portfolio, which includes a significant presence in Macau, alongside potential developments in Japan and opportunities in New York gaming licenses, further enhances its growth potential. Additionally, MGM's strategic focus on the Las Vegas and Macau markets is expected to generate greater value compared to regional gaming operators, contributing to a positive outlook for the company's future performance.
Bears say
MGM Resorts International faces a negative outlook due to anticipated subdued performance in the Las Vegas market, particularly in the second half of 2025, where expectations suggest potential flat to slightly declining EBITDA amidst tough competition and market conditions. The company's reliance on the Las Vegas Strip, which contributed approximately 59% of total EBITDAR in 2024, raises concern as softer operating conditions are expected, especially for lower to mid-tier properties that represent a significant segment of its portfolio. Although the company is likely to generate free cash flow and maintain a healthy balance sheet, these factors may not offset the impact of decreased customer spending and booking visibility in an increasingly challenging market environment.
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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