MGM Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
MGM Resorts International is not a strong buy at this moment for a beginner investor with a long-term strategy. While there are positive indicators such as hedge fund buying and modest revenue growth, the mixed analyst ratings, lack of strong trading signals, and cautious outlook on the gaming sector suggest holding off on immediate investment.
The technical indicators show a moderately bullish trend with MACD positively expanding, RSI in the neutral zone, and bullish moving averages (SMA_5 > SMA_20 > SMA_200). However, the pre-market price is slightly down (-0.29%), and the stock is trading near a key resistance level (R1: 38.805).
Hedge funds are significantly increasing their positions, with a 161.90% increase in buying over the last quarter.
BetMGM reported a 6% YoY revenue growth in Q1, with an 11% increase in adjusted EBITDA.
Positive MACD and bullish moving averages indicate some upward momentum.
Mixed analyst ratings with multiple firms lowering price targets and maintaining Neutral or Underweight ratings.
Concerns over weakening consumer sentiment, higher fuel prices, and a cautious outlook on the gaming sector.
Pre-market price is down slightly (-0.29%), and the stock is near resistance levels, limiting immediate upside potential.
In Q4 2025, MGM reported a 5.95% YoY revenue increase to $4.61 billion, a 93.66% YoY increase in net income to $299.23 million, and a 107.69% YoY increase in EPS to 1.08. However, gross margin dropped by -3.28% YoY to 37.98%.
Analyst ratings are mixed. JPMorgan raised the price target to $42 but maintained a Neutral rating. Wells Fargo lowered the target to $30 with an Underweight rating. UBS and Morgan Stanley also lowered their targets slightly, while Stifel remains optimistic with a Buy rating and a $48 price target. The overall sentiment reflects caution, with limited upside potential in the near term.
