MGM Resorts stock holds Moderate Buy consensus as shares trade near post-earnings lows
Published on 09/18/2026 at 21:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MGM Resorts International stock (ISIN US5529531015) is trading around USD 38.30 on the NYSE as of September 17, 2026, while analysts maintain a consensus Moderate Buy rating with an average 12-month price target of USD 53.25 according to MarketBeat on September 18, 2026.
Analysts back MGM with upside to targets
According to MarketBeat on September 18, 2026, twenty-two research firms covering MGM Resorts International assign the stock a consensus rating of Moderate Buy, with two sell ratings, eight holds, ten buys and two strong buys.
The same overview from MarketBeat reports an average one-year price target of USD 53.25 compared with a recent share price of about USD 38.24, implying upside of roughly 39 percent if the consensus is met.
Recent analyst actions captured in the same consensus snapshot include generally positive moves, such as target increases or upgrades from HSBC, JPMorgan, Argus and Deutsche Bank, while UBS lowered its target to USD 46 and kept a neutral stance as noted by MarketBeat in a report citing UBS data from September 11, 2026.
Q2 2026 results show modest growth but EBITDA miss
MGM Resorts International operates multiple resorts and casinos on the Las Vegas Strip and globally, and its most recent reported quarter is the second quarter of 2026, which falls within the current freshness window relative to September 18, 2026.
As StockStory reported in its Q2 2026 earnings review of casino operators on September 18, 2026, MGM Resorts generated revenue of USD 4.45 billion in the second quarter of 2026, representing an increase of 1 percent year on year.
The same analysis from StockStory notes that MGM’s Q2 2026 revenue exceeded analysts’ expectations by about 0.7 percent, but the company delivered a significant miss relative to EBITDA estimates, which weighed on sentiment.
Despite the revenue beat, the article from StockStory highlights that MGM Resorts stock has declined about 16.1 percent since the Q2 2026 results and was recently trading around USD 38.46, underlining how the EBITDA miss overshadowed the modest top-line growth.
Share price and market metrics around September 18, 2026
Per a governance and price overview for MGM Resorts on the Cboe venue, the stock was quoted at USD 38.30 with a five-day change of negative 0.16 percent and a year-to-date gain of 4.97 percent as of September 17, 2026, according to MarketScreener.
A separate price snapshot from an earlier session showed MGM Resorts closing at USD 38.39 on the NYSE on September 16, 2026, down 2.1 percent from a prior close of USD 39.22, confirming that the shares have been drifting lower in the wake of the Q2 2026 earnings reaction per exchange data summarized in an external stock commentary.
The combination of a roughly mid-USD 38 share price and a consensus USD 53.25 target means that MGM Resorts stock is trading notably below where analysts see fair value, while still reflecting a year-to-date gain of just under 5 percent according to performance figures from MarketScreener as of September 17, 2026.
Stock levels and investor perspective
From an investor perspective, the key tension is that MGM Resorts delivered only 1 percent year-on-year revenue growth in Q2 2026 and missed EBITDA expectations, yet the stock still carries a Moderate Buy consensus and a roughly 39 percent implied upside to the average one-year analyst target according to the data compiled by MarketBeat.
With the shares trading near USD 38 to USD 38.50 in mid-September 2026 according to price snapshots from MarketScreener and the Q2 2026 earnings review by StockStory, the stock is positioned well below its average target and has already absorbed a double-digit post-earnings decline.
MGM Resorts stock price as of the latest close
As of September 17, 2026, MGM Resorts International stock most recently changed hands around USD 38.30 on its primary listing in the United States, with the Cboe price overview citing a modest negative five-day change and a positive year-to-date performance in USD terms.
MGM Resorts International stock facts
- Company: MGM Resorts International Inc.
- ISIN: US5529531015
- Ticker: MGM
- Trading venue: NYSE
- Price (as of September 17, 2026): 38.30 USD
- Sector / Industry: Consumer Discretionary / Casinos and Gaming
- Index membership: S&P 500
