MGM RESORTS INTERNATIONAL (MGM) Stock: Buy, Sell, or Hold?

MGM - MGM RESORTS INTERNATIONAL

HOTELS & MOTELS
$30.48
0.01 (0.03%) ▲
5d: -6.45%
30d: -26.45%
90d: -34.98%
WAIT
LOW Confidence
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Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 04, 2026
Smart Money Accumulation

Options open interest is building while the stock consolidates - a pattern consistent with institutional accumulation. View Scanner →

Signal fired Sep 22, 2026 at $38.51 · last confirmed Oct 1, 2026

Strength: 7.5/10

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
📊 MIXED SIGNALS: MGM shows conflicting indicators. Wait for confirmation before entering.
See Forward Earnings Fair Value & Price Prediction →

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$48.54
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$30.14
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 17.5x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: MGM is currently trading at $30.48, which is considered oversold relative to its 30-day fair value range of $34.27 to $42.58. From a valuation perspective, the stock is trading at a discount (Forward PE: 15.4) compared to its historical average (17.5). Remarkably, the market is currently pricing in an annual earnings decline of 4.2% 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 uptrend. The price is currently testing key support at $29.92. A bounce from this level would confirm strength, while a break below could signal further downside.

Market Sentiment: The stock scores a mixed 45/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $49.33 (+61.8%). Current signals suggest waiting for a better entry point before initiating new positions.

Quick Decision Summary

Current Position OVERSOLD
Historical Trading Range $34.27 - $42.58
Company Quality Score 51/100 (HOLD)
Volume Confirmation HIGH
Confidence Score 79.5%

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All Signals

  • BULLISH: Price oversold vs 30-day range
  • NEUTRAL: Mixed technical signals (45/100)
  • BULLISH: High volume confirmation
  • BULLISH: Trading 61.8% below Wall St target ($49.33)
  • WARNING: Composite score 51/100 in the bottom quintile — this cohort historically lags the market

Trading Range Analysis

30-Day Trading Range $34.27 - $42.58
Current vs Trading Range OVERSOLD

Support & Resistance Levels

Support Level $29.92
Resistance Level $39.43
Current Trend Strong Uptrend
Technical data as of Oct 2, 2026

Fundamental Context

Forward P/E (Next Year Est.) 15.43
Wall Street Target $49.33 (+61.8%)
Revenue Growth (YoY) 1.0%
Earnings Growth (YoY) 519.4%
Profit Margin 2.4%
Valuation Discount vs History -4.2% cheaper
PE vs Historical 15.4 vs 17.5 CHEAP
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): -4.2% (market-implied from PE analysis)
1-Year Target $29.20 (-4%)
2-Year Target $27.97 (-8%)
3-Year Target $26.80 (-12%)
3-Yr Target (if PE normalizes) (PE: 15→18) $30.39 (0%)
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 20.4, Growth: 10.1%) $53.79 (+77%)
Base: (SPY PE: 15.4, Growth: 10.1%) $40.69 (+34%)
Bear: (PE: 13.1, Growth: 10.1%) $34.58 (+14%)
📈 Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (19x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 18.81 | Current EPS (TTM): $1.62
Bull Case $40.86 (+34%)
Analyst growth 21.9%, PE expands to 20.7
Base Case $37.15 (+22%)
Market implied 21.9%, PE stable at 18.8
Bear Case $20.72 (-32%)
Severe decline -20.0%, PE contracts to 16.0
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 15.4 to 17.5
Stabilization Target: $34.56 (+13.4%)
PE Expansion Potential: +13.4%
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Last updated: October 02, 2026 11:43 PM ET
Data refreshes hourly during market hours. Next update: 12:43 AM
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Ticker Score Recommendation Change %
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL

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Advanced MGM Option Strategies

Professional options setups generated by AI based on today's MGM price and gamma walls.

Iron Condor Bull Call Bear Put Collar

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