MGM Resorts Stock: Analyst Estimates & Ratings

Core Viewpoint - MGM Resorts International, with a market cap of $9.2 billion, operates casino resorts and digital gaming platforms globally, but its stock has underperformed compared to broader market indices over the past year [1][2]. Financial Performance - MGM reported Q3 2025 revenue of $4.25 billion, exceeding expectations, but shares fell 1.6% due to adjusted EPS of $0.24 missing Wall Street forecasts and declining from $0.54 a year earlier [6]. - The company experienced a net loss of $285 million, primarily due to a $256 million non-cash goodwill impairment and approximately $93 million in other write-offs related to Empire City [6]. - Las Vegas Strip Resorts saw net revenues decrease by 7% year-over-year to $2 billion, with Segment Adjusted EBITDAR falling 18% to $601 million, overshadowing gains in MGM China and BetMGM [6]. Stock Performance - Over the past 52 weeks, MGM's stock has decreased while the S&P 500 Index increased by 16.5%, and year-to-date, shares are down 7.2% compared to a 2% rise in the S&P 500 [2]. - MGM's shares have also underperformed against the State Street Consumer Discretionary Select Sector SPDR ETF, which returned 7.1% over the same period [3]. Analyst Ratings - For the fiscal year ending December 2025, analysts project MGM's adjusted EPS to decline by 7.7% year-over-year to $2.39 [7]. - Among 21 analysts covering MGM, the consensus rating is a "Moderate Buy," consisting of eight "Strong Buy" ratings, 10 "Holds," and three "Strong Sells" [7]. - Goldman Sachs analyst Lizzie Dove raised the price target on MGM Resorts to $33 while maintaining a "Sell" rating [8].