MGM Resorts Price Target Raised to $44 by UBS Analyst Amid Improved Macau Trends

UBS analyst Robin Farley has revised MGM Resorts' price target to $44 from $42, maintaining a Neutral rating. The adjustment reflects improved property performance trends in Macau, positioning premium mass operators like MGM for a valuation upgrade. The company's financial health shows robust revenue growth but a high debt-to-equity ratio and moderate profitability. Insider activity reveals a trend of selling, and valuation metrics suggest the stock may be fully valued. Technical indicators show a positive trend but approaching overbought territory.

UBS analyst Robin Farley has revised the price target for MGM Resorts International (MGM) from $42 to $44, maintaining a Neutral rating. This adjustment reflects improved property performance trends in Macau, positioning premium mass operators like MGM for a valuation upgrade. The company's financial health shows robust revenue growth but a high debt-to-equity ratio and moderate profitability. Insider activity reveals a trend of selling, and valuation metrics suggest the stock may be fully valued. Technical indicators show a positive trend but approaching overbought territory.

The latest quarterly reports indicate a mixed sentiment among analysts. Thirteen analysts provided ratings for MGM, with a mix of bullish and bearish perspectives. The average 12-month price target is $46.46, with a high estimate of $60.00 and a low estimate of $34.00. This upward trend reflects a 2.63% increase from the previous average price target of $45.27 [1].

Key analysts have made notable adjustments to their ratings and price targets. UBS's Robin Farley raised the Neutral rating to $44.00, reflecting improved performance trends in Macau. Morgan Stanley's Stephen Grambling raised the Equal-Weight rating to $41.00, while Stifel's Steven Wieczynski raised the Buy rating to $50.00. Conversely, Goldman Sachs' Lizzie Dove announced a Sell rating at $34.00, indicating a more bearish outlook [1].

MGM Resorts International is the largest resort operator on the Las Vegas Strip, with 37,000 guest rooms and suites. The company's financial performance shows a revenue growth rate of 1.79% as of 30 June 2025, but its net margin is below industry averages at 1.11%. The company's high debt-to-equity ratio of 10.5 points to potential financial strain. Insider activity, including the recent sale of 60,000 shares by Director Keith A. Meister, adds to the mixed signals for the stock [2].

In summary, the revision in UBS's price target for MGM Resorts International reflects improved performance trends in Macau. However, the company faces challenges in profitability and debt management. The mixed analyst ratings and insider activity suggest a cautious approach for investors. As always, it is essential to stay informed and make well-judged decisions based on the latest financial data and expert insights.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47386855/mgm-resorts-international-stock-a-deep-dive-into-analyst-perspectives-13-ratings
[2] https://www.marketbeat.com/instant-alerts/filing-459437-shares-in-mgm-resorts-international-mgm-acquired-by-nuveen-llc-2025-08-22/