Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
MGM Resorts (MGM)
NYSE:MGM
Holding MGM?
Track your performance easily
See the Price Targets and Ratings of:
MGM Analyst Ratings
Strong Buy
12 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MGM Stock 12 Month Forecast
Average Price Target
$48.93
▲(43.24% Upside)
| Highest Price Target$56.00 | Average Price Target$48.93 | Lowest Price Target$42.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Deutsche Bank
Reiterated
12/18/24
Macquarie
Reiterated
12/18/24
Truist Financial
Assigned
12/17/24
Barclays
Reiterated
12/16/24
JMP Securities
Reiterated
11/25/24
Morgan Stanley
Reiterated
11/21/24
Stifel Nicolaus
Reiterated
11/04/24
Jefferies
Reiterated
10/31/24
J.P. Morgan
Reiterated
10/31/24
Citi
Reiterated
10/31/24
Bank of America Securities
$42
Hold
22.95%
Upside
Reiterated
10/31/24
Cautious Outlook on MGM Resorts Amid Mixed Regional Performance and Macau Challenges
CFRA
$58→$42
Hold
22.95%
Upside
Downgraded
10/31/24
CFRA downgrades MGM Resorts (MGM) to HoldCFRA analyst Zachary Warring downgraded MGM Resorts (NYSE: MGM) from Buy to Hold with a price target of $42.00 (from $58.00).
Mizuho Securities
$57→$56
Buy
63.93%
Upside
Reiterated
10/30/24
MGM Resorts price target lowered to $56 from $57 at MizuhoMGM Resorts price target lowered to $56 from $57 at Mizuho
BTIG
$52→$47
Buy
37.59%
Upside
Reiterated
10/25/24
MGM Resorts price target lowered to $47 from $52 at BTIGMGM Resorts price target lowered to $47 from $52 at BTIG
Wells Fargo
$47
Buy
37.59%
Upside
Assigned
10/17/24
Wells Fargo Sticks to Its Buy Rating for MGM Resorts (MGM)
Best Analysts Covering MGM Resorts
Which Analyst Should I Follow If I Want to Buy MGM and Sell After:
1 Month
xxx
Success Rate
12/19 ratings generated profit
Average Return
+2.12%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 63.16% of your transactions generating a profit, with an average return of +2.12% per trade.
3 Months
xxx
Success Rate
18/30 ratings generated profit
Average Return
+2.24%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +2.24% per trade.
1 Year
Success Rate
16/30 ratings generated profit
Average Return
+2.50%
reiterated a buy rating 3 days ago
Copying Carlo Santarelli's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +2.50% per trade.
2 Years
xxx
Success Rate
15/30 ratings generated profit
Average Return
-0.57%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -0.57% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MGM Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
3
3
4
2
3
Buy
14
16
21
21
21
Hold
3
6
9
8
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
20
25
34
31
29
Each month's total comprises the sum of three months' worth of ratings.
MGM Financial Forecast
MGM Stock Forecast FAQ
What is MGM’s average 12-month price target, according to analysts?
Based on analyst ratings, MGM Resorts’s 12-month average price target is $48.93.
What is MGM’s upside potential, based on the analysts’ average price target?
MGM Resorts has 43.24% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MGM a Buy, Sell or Hold?
MGM Resorts has a consensus rating of Strong Buy which is based on 12 buy ratings, 3 hold ratings and 0 sell ratings.
What is MGM Resorts’s price target?
The average price target for MGM Resorts is $48.93. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $56.00 ,the lowest forecast is $42.00. The average price target represents 43.24% Increase from the current price of $34.16.
The highest analyst price target is $56.00 ,the lowest forecast is $42.00. The average price target represents 43.24% Increase from the current price of $34.16.
What do analysts say about MGM Resorts?
MGM Resorts’s analyst rating consensus is a Strong Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of MGM?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.