On July 7, 2025, MGM Resorts International (MGM, Financial) received new coverage from Goldman Sachs, with analyst Lizzie Dove spearheading the report. The leading financial services firm has assigned a "Sell" rating to the stock of MGM Resorts International.
The coverage also includes a target price for MGM set at $34.00 USD. This announcement marks the beginning of Goldman Sachs' analytical coverage on MGM, as there was no prior rating or price target from the firm.
The new rating and price target from Goldman Sachs are crucial for investors and market watchers as they reflect the firm's current stance and expectations for MGM Resorts International. The "Sell" rating suggests that investors might anticipate a downward trend or limited gains in the stock's performance. The price target of $34.00 USD provides a benchmark for evaluating future price movements.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for MGM Resorts International (MGM, Financial) is $45.65 with a high estimate of $59.00 and a low estimate of $35.00. The average target implies an upside of 21.43% from the current price of $37.59. More detailed estimate data can be found on the MGM Resorts International (MGM) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, MGM Resorts International's (MGM, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MGM Resorts International (MGM, Financial) in one year is $61.90, suggesting a upside of 64.67% from the current price of $37.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MGM Resorts International (MGM) Summary page.
