MGM Resorts International
MGM Resorts International is a global gaming and entertainment company that operates hotels, casinos, meeting and conference spaces, restaurants, nightlife, retail, live entertainment, sports betting and online gaming. Its four reportable segments are Las Vegas Strip Resorts, Regional Operations, MGM China and MGM Digital. As of December 31, 2025, it operates 16 domestic casino properties and, through its approximate 56% controlling interest in MGM China, two casino properties in Macau. MGM Digital is primarily comprised of LeoVegas, which offers online gaming, digital slots and table games, live dealer games and online sports betting. MGM Resorts also has a 50% ownership interest in BetMGM North America Venture and is developing an integrated resort in Osaka through a 50% ownership interest in MGM Osaka Corporation. MGM Resorts earns money primarily from gaming and from hotel, food and beverage, entertainment and other resort services, as well as online gaming offerings. It is headquartered in Las Vegas, Nevada.
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No enriched coverage for $MGM in the last 7 days.
Argus Research kept MGM Resorts International at Buy but cut its price target to $40 from $55, a 27.3% reduction. This implies a 21.9% upside from the Nov 4 close of $32.82. Recent analyst price targets for MGM range from $28 to $46.
Meister Keith A. purchased 1,745,592 indirectly-held shares of MGM Resorts International (MGM) at an average of $29.64 ($28.92–$30.24, $51.74M total) across 3 trades over 2026-10-30 to 2026-11-02.
MGM Resorts (MGM) has fallen for 17 consecutive weeks, testing support near $26.70. Analyst Katie Stockton notes a potential bounce, citing a weekly reversal bar and oversold stochastic oscillator. Resistance is seen at $34.50, with improved short-term momentum and relative strength.
Recent MGM coverage spans financial news, earnings and mergers & acquisitions.
In the last 30 days, MGM insiders filed 3 SEC Form 4 transactions — 3 purchases ($51.7M) and no sales. The most active reporter was Meister Keith A. with 3 filings.
Target cut suggests downside pressure on MGM stock.
Significant insider purchase suggests confidence and may support the stock price.
Article frames MGM as potentially bottoming after a prolonged weekly downtrend, with technical confirmation triggers above nearby resistance.
Mixed impact: Macau strength may offset US weakness, likely keeping the stock near current levels.
The amendment may increase speculation of a sale, putting upward pressure on MGM if investors anticipate a premium, but also adds event risk for MGM China.
AlphAI scores every news story that mentions MGM with an AI model for sentiment and relevance, and aggregates insider trades from MGM Resorts International's SEC EDGAR Form 4 filings. Figures refresh continuously.
Argus Research kept MGM Resorts International at Buy but cut its price target to $40 from $55, a 27.3% reduction. This implies a 21.9% upside from the Nov 4 close of $32.82. Recent analyst price targets for MGM range from $28 to $46.
Meister Keith A. purchased 1,745,592 indirectly-held shares of MGM Resorts International (MGM) at an average of $29.64 ($28.92–$30.24, $51.74M total) across 3 trades over 2026-10-30 to 2026-11-02.
MGM Resorts (MGM) has fallen for 17 consecutive weeks, testing support near $26.70. Analyst Katie Stockton notes a potential bounce, citing a weekly reversal bar and oversold stochastic oscillator. Resistance is seen at $34.50, with improved short-term momentum and relative strength.
Analysts note MGM Resorts' Macau operations are offsetting US weaknesses. Q3 net revenue rose 5% to $1.14B, but adjusted property EBITDA fell 7% to $264M. MGM China's market share hit 17.1% (JPMorgan) and 19.2% (Texas Capital) in September. Analysts attribute this to distinct customer base and favorable gaming results. Japan project seen as long-term value but not yet valued by some.
MGM Resorts (MGM) and Barry Diller's IAC/InterActiveCorp (PPLI) amended their voting agreement, potentially simplifying a future sale of MGM. CreditSights notes MGM China, which MGM owns 56%, could be a key asset in a takeover. MGM denies current talks but leaves the door open for future deals. Diller previously opposed third-party bids but may now support them under the revised agreement.
MGM Digital reported Q3 revenue of $184m, up 6% YoY, with adjusted EBITDAR loss narrowing to $4m. Revenue growth slowed from Q2, while UK, Netherlands, and Spain drove gains. MGM Resorts' group adjusted EBITDA fell to $403m. BetMGM's revenue rose 7% to $710m, with MGM receiving $34m in payments. Macau operations saw record revenue of $1.1bn, a 5% increase.
Newpress raises $12M in funding. Stagwell acquires Freestar. People Inc. limits MGM stake to 29.9%. Pitchwise buys 42% of Valencia. RedBird Capital, Sound Ventures form $1B partnership. Byron Allen sells Starz stake for $45M.
Wells Fargo kept MGM Resorts International at Equal-Weight, reducing its price target to $28 from $29, a 3.4% cut. This implies a 2.9% downside from the Oct 29 close of $28.83. Recent analyst targets for MGM range from $34 to $46.
S&P 500 earnings growth is above estimates, with 82% of companies beating expectations, driven by energy and tech sectors. However, excluding these, growth halves to 14%. Rising oil prices, inflation, and weak consumer confidence are pressuring margins and sales across other industries, notably impacting companies like Nike, Deckers Outdoor, and MGM Resorts. Analysts warn of slowing momentum and persistent inflation risks.
Macquarie kept MGM Resorts International at Outperform but cut its price target to $46 from $48, a 4.2% reduction. This implies a 59.6% upside from the Oct 29 close of $28.83. Recent analyst price targets for MGM range from $29 to $40.
