MGM RESORTS INTERNATIONAL (MGM) Stock: Buy, Sell, or Hold?
MGM - MGM RESORTS INTERNATIONAL
$29.50
0.63 (2.18%)
▲
5d:
+0.07%
30d:
-22.06%
90d:
-35.22%
BUY
HIGH Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Oct 28, 2026
4d
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: MGM shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
✅ BUY SIGNAL: MGM shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
MGM is flagged by 1 backtest-validated scanner today
SPY Bullish (stocks from this scanner have beaten SPY by a median 0.37% over the next 20 trading days; MGM has been on it 1 day). Backtested on 8 months of scanner history vs the S&P 500, as of 2026-10-22.
See all of today's Best Signals in the free scanner →Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$41.90
Based on 5.7% avg growth
INTRINSIC VALUE TODAY
$26.02
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 17.4x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MGM is currently trading at $29.50, which is considered slightly low relative to its 30-day fair value range of $28.52 to $36.46. The stock's valuation (Forward PE: 16.2) is in line with its historical norms (17.4). Remarkably, the market is currently pricing in an annual earnings decline of 2.4% over the next few years. This pessimistic expectation contrasts with the company's recent 519.4% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, MGM is in a strong downtrend. Immediate support is located at $27.93, while resistance sits at $30.39.
Market Sentiment: MGM scores 76/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $42.11 (+42.7%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, MGM is in a strong downtrend. Immediate support is located at $27.93, while resistance sits at $30.39.
Market Sentiment: MGM scores 76/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $42.11 (+42.7%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$28.52 -
$36.46
Company Quality Score
67/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
90.5%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (76/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 42.7% below Wall St target ($42.11)
- BULLISH: Bottoming setup score 76/100 — corrected, stabilizing, and turning up
Trading Range Analysis
30-Day Trading Range
$28.52 -
$36.46
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$27.94
Resistance Level
$30.39
Current Trend
Strong Downtrend
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.16
Wall Street Target
$42.11
(+42.7%)
Revenue Growth (YoY)
1.0%
Earnings Growth (YoY)
519.4%
Profit Margin
2.4%
Valuation Discount vs History
-2.4% cheaper
PE vs Historical
16.2 vs 17.4
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-2.4%
(market-implied from PE analysis)
1-Year Target
$28.79
(-2%)
2-Year Target
$28.10
(-5%)
3-Year Target
$27.43
(-7%)
3-Yr Target (if PE normalizes)
(PE: 16→17)
$29.53
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 7.4%)
$44.87
(+52%)
Base:
(SPY PE: 16.2, Growth: 7.4%)
$36.51
(+24%)
Bear:
(PE: 13.7, Growth: 7.4%)
$31.03
(+5%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (18x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 17.82 | Current EPS (TTM): $1.62
Bull Case
$35.79
(+21%)
Analyst growth 12.7%, PE expands to 19.6
Base Case
$32.54
(+10%)
Market implied 12.7%, PE stable at 17.8
Bear Case
$19.63
(-34%)
Severe decline -20.0%, PE contracts to 15.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 16.2 to 17.4
Stabilization Target:
$31.77
(+7.7%)
PE Expansion Potential:
+7.7%
Share & Embed Analysis
Last updated: October 23, 2026 4:40 AM ET
Data refreshes hourly during market hours. Next update: 5:40 AM
Data refreshes hourly during market hours. Next update: 5:40 AM
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Technical Signals Check
Is MGM showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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