7.7% Above Target

Wall Street's consensus price target for MGM is $43.22, -7.7% from its current price of $46.84. The below-market target from 37 analysts suggests limited near-term appreciation.

MGM has a consensus rating of "Buy" based on 37 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $43.22 implies -7.7% downside from current levels.

MGM trades at a forward P/E of 27.5254x, representing a moderate valuation. With analysts targeting $43.22 (-7.7% implied move), the stock appears close to fair value.

The most bullish Wall Street analyst has a price target of $55 for MGM, while the most conservative target is $30. The consensus of $43.22 represents the median expectation. Our quantitative valuation model projects a bull case target of $152 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

MGM is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 17 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month MGM stock forecast based on 37 Wall Street analysts shows a consensus price target of $43.22, with estimates ranging from $30 (bear case) to $55 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $115, with bear/bull scenarios of $72/$152.

Our quantitative valuation model calculates MGM's fair value at $115 (base case), with a bear case of $72 and bull case of $152. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

MGM trades at a forward P/E ratio of 27.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 61.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on MGM, with 2 Sell ratings and a price target of $43.22 (-7.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

MGM analyst price targets range from $30 to $55, a 58% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $43.22 consensus represents the middle ground. Our model's $72-$152 range provides an independent fundamental perspective.