DailyIQ
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Sector:Consumer CyclicalAll sectors
Last updated 2 minutes ago

MGM·MGM Resorts International

$.
-. (-.%)
After Hours
High
$46.69
Open
$46.69
Market Cap
11.80B
52W High
$51.59
Low
$46.00
P. Close
$46.13
P/E
64.69
52W Low
$29.19
Fwd P/E
76.74
DailyIQ Est.
$49.82
Technical Score (1D)
59
BUY
News Sentiment
70
BULLISH
BetMGM’s 50 % ownership and its strong unit economics are now being highlighted as a primary value driver, supporting a compelling sum‑of‑parts valuation for MGM. This thesis implies that BetMGM’s rapid growth could lift MGM’s earnings profile over the next 1–10 trading days. Goldman Sachs has increased its price target to $43 from $38, reflecting a more optimistic earnings outlook despite concerns about debt and competitive pressures. The target lift signals that analysts see upside potential if MGM can improve profitability and manage leverage, which could influence short‑term pricing. MGM will report Q2 earnings later this month, with analysts projecting a double‑digit decline in net income due to weaker gaming revenue and higher operating costs. The earnings release will be a key catalyst for determining whether the BetMGM upside and valuation upgrade hold up in the face of cost pressures. In parallel, MGM has formed a committee to review Barry Diller’s $48.30‑per‑share takeover bid, which the board deems undervalued. Market reaction to the bid announcement has been positive, with shares climbing to $48.25, indicating investor optimism about a potential premium. Traders should monitor the committee’s findings, the official response to the bid, and the Q2 earnings guidance for signals on MGM’s future valuation and capital structure.
Earnings Summary
MGM Resorts International is a leading gaming and entertainment enterprise that operates casino resorts and digital platforms across the United States and China, offering gaming, hotel, dining, entertainment, and retail services to a diverse customer base. The company also expands its reach through BetMGM, an online gaming and sports‑betting platform that has become a significant contributor to its earnings. In the most recent two quarters, MGM reported a Q2 2025 EPS of $0.79 versus an estimate of $0.548 and revenue of $4.40487 billion, and a Q3 2025 EPS of $0.24 versus an estimate of $0.299 with revenue of $4.250464 billion; compared to the prior two quarters, Q1 2025 EPS of $0.69 beat a $0.447 estimate with revenue of $4.277082 billion, and Q4 2024 EPS of $0.45 beat a $0.338 estimate with revenue of $4.346562 billion. The pattern shows one of the last two quarters beating estimates (Q2 2025) and one missing (Q3 2025), while revenue rose from $4.277 billion in Q1 2025 to $4.404 billion in Q2 2025 but fell to $4.250 billion in Q3 2025, and EPS grew from $0.69 to $0.79 before dropping to $0.24. Historically, MGM has delivered modest YoY revenue growth, with Q4 2025 revenue up slightly from Q4 2024 and Q1 2025 up from Q1 2024, but EPS has been volatile, reflecting the impact of high operating costs and debt. Recent news highlights that BetMGM’s rapid revenue growth and strong unit economics are now the primary engine behind MGM’s intrinsic value, and analysts have lifted the price target to $43, signaling optimism about profitability despite a heavy debt load. Investors should watch for BetMGM’s revenue trajectory, unit‑economic metrics such as average revenue per user and cost‑to‑acquire, any regulatory developments affecting online gambling, and the company’s debt‑management strategy, as these factors will shape MGM’s earnings outlook.

EPS

EstBeatMiss
$0.16$0.34$0.52$0.69$0.87Q4'24Q1'25Q2'25Q3'25Q2'26
QtrEstActual+/−
Q2'26$0.60 - -
Q3'25$0.30$0.24-19.9%
Q2'25$0.55$0.79+44.0%
Q1'25$0.45$0.69+54.3%
Q4'24$0.34$0.45+33.0%

Revenue

EstBeatMiss
$4.2B$4.3B$4.4B$4.4B$4.5BQ4'24Q1'25Q2'25Q3'25Q2'26
QtrEstActual+/−
Q2'26$4.5B - -
Q3'25 - $4.3B -
Q2'25 - $4.4B -
Q1'25 - $4.3B -
Q4'24 - $4.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

MGM Stock Snapshot

MGM is currently trading at $46.19, giving MGM Resorts International a market cap of 11.80B and a P/E ratio of 64.7. Today's range spans $46.00–$46.69, with shares opening at $46.69 and moving up $0.06 (0.1%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 70/100.

Over the past year MGM has traded between $29.19 and $51.59 - the current price is +58.2% off the 52-week low and -10.5% from the high. 31 analysts cover the stock with a Hold consensus and a mean 12-month target of $49.24 (range $35.00–$59.00), implying upside of +6.6%.

MGM Resorts International (MGM) has 11.80B in Consumer Cyclical market capitalization and is currently neutral on the technical dashboard: 59/100, HOLD, price $46.19 (in the upper portion of its 52-week range). Sentiment reads bullish at 70/100. (P/E: 64.7) In this tier, quiet accumulation often happens in HOLD phases - active managers who want to build positions without signaling do it here, where the price isn't trending and volume patterns are easier to hide. Annual range: $29.19–$51.59.

The 52-week range of $29.19–$51.59 for MGM provides the structural reference that options traders, systematic funds, and discretionary managers all anchor to — and at $46.19 (in the upper portion of its 52-week range), the stock sits in a zone where the next 5–10% move will likely define which crowd was right. A HOLD signal at 59/100 and bullish news backdrop (70/100) don't break the tie yet, but they narrow the probability distribution toward the upside.