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Asset logo for symbol MGM
MGM Resorts International
MGM68
$32.81arrow_drop_down1.58%-$0.53
S&P500
Asset logo for symbol MGM
MGM68

$32.81

arrow_drop_down1.58%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

MGM Resorts International (MGM) Stocklytics Forecast

MGM Resorts International (MGM) is a leading global hospitality company that operates world-renowned hotels, resorts, and casinos. With a strong presence in major markets across the United States and around the world, MGM Resorts International has established itself as a trusted brand in the entertainment industry. As investors look to the future, there is growing interest in predicting the stock price of MGM Resorts International and making informed investment decisions.
The stock price of MGM is influenced by a variety of factors, including economic conditions, industry trends, and company performance. While it is challenging to accurately predict stock prices, analysts and experts utilize various methods and tools to estimate future movements. One such approach is utilizing artificial intelligence (AI) and machine learning (ML) algorithms to analyze historical data and identify trends and patterns. AI price prediction models for MGM Resorts International use complex algorithms to analyze a wide range of data, including stock price history, market trends, and company financials, to generate forecasts for future stock prices.
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Frequently Asked Questions

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What is the analyst price prediction for MGM Resorts International (MGM) stock?

Analysts have set a target price of $54.03 for MGM Resorts International (MGM), based on forecasts from 30 analysts. The predicted price range extends from a high of $64 to a low of $40. This represents a potential increase of up to 95.06% and a decrease of 21.91% from the current price of $32.81. These forecasts are as of 2023 Jul 17.
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What are the analyst ratings for MGM Resorts International (MGM) stock?

The analyst ratings for MGM Resorts International (MGM) are distributed as follows: 19 analysts recommend buying, 4 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 23 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering MGM Resorts International.
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What is the AI price prediction for MGM Resorts International (MGM) stock?

At present, there is no AI or machine-learning-based price prediction available for MGM Resorts International (MGM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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