MGM Resorts International ($MGM) Stock Forecast: Up 8.8% Today

What is MGM Resorts International?

MGM Resorts International is a renowned hospitality and entertainment company, known for its diverse portfolio of resorts, casinos, and entertainment venues worldwide. Today, MGM experienced a strong bullish movement in the market.

Why is MGM Resorts International going up?

MGM stock is up 8.8% on Feb 4, 2026 19:21

• BetMGM, the online gaming joint venture between MGM Resorts International and Entain Plc, reported its first profitable year in 2025, with impressive financial results, including $2.8 billion in net gaming revenue and $220 million in EBITDA. This positive performance and the announcement of strong 2026 guidance boosted investor confidence and led to a significant surge in MGM's stock price.
• The successful financial results and optimistic outlook for the future showcased BetMGM's strong position in the online sports betting and iGaming market, driving the overall bullish movement in MGM's stock.
• The cash return to parent companies, along with the positive reception of the fiscal year 2025 results and future projections, highlighted the market's favorable response to MGM's strategic partnership with Entain and the growth potential of the online gaming sector.

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MGM News

MGM, Entain Rally as BetMGM Posts First Profitable Year

BetMGM, the online gaming joint venture between MGM Resorts International and Entain Plc, announced its first profitable year in 2025 with $220 million in EBITDA and $2.8 billion in net gaming revenue, leading to double-digit percentage gains for both parent companies' stocks. The company also provided strong 2026 guidance, projecting $3.1 billion to $3.2 billion in net revenue and $300 million to $350 million in EBITDA, and has begun returning cash to MGM and Entain.

https://www.casino.org/news/mgm-entain-rally-as-betmgm-posts-first-profitable-year/

Why Is MGM Resorts (MGM) Stock Rocketing Higher Today

MGM Resorts (MGM) stock surged 11.5% due to its joint venture, BetMGM, reporting impressive fiscal year 2025 results. BetMGM saw a 33% increase in net revenue to $2.8 billion and achieved significant profitability with $220 million in EBITDA, enabling its first major cash return to parent companies. The strong performance and positive fiscal 2026 forecast (net revenue between $3.1 billion and $3.2 billion) significantly boosted investor confidence in MGM.

https://www.tradingview.com/news/stockstory:ba0c996ea094b:0-why-is-mgm-resorts-mgm-stock-rocketing-higher-today/

MGM Resorts and Entain soar after a positive BetMGM update (MGM:NYSE)

MGM Resorts and Entain saw their stocks rise after BetMGM provided a positive business update. BetMGM reported record net revenue of approximately $2.8 billion and adjusted EBITDA of $220 million for 2025, driven by strong performance in online sports betting and iGaming, and also announced a $270 million cash distribution.

https://seekingalpha.com/news/4547021-mgm-resorts-and-entain-soar-after-a-positive-betmgm-update

MGM Resorts and Entain stocks surge after BetMGM posts strong 2025 results

MGM Resorts International (NYSE:MGM) and Entain (LON:ENT) shares surged after their joint venture, BetMGM, reported better-than-expected fiscal year 2025 performance. BetMGM posted net revenue of $2.8 billion, a 33% year-over-year increase, and positive EBITDA of $220 million, significantly improving from the previous year's loss. The company also provided an optimistic outlook for fiscal years 2026 and 2027, projecting continued revenue growth and increased adjusted EBITDA.

https://au.investing.com/news/stock-market-news/mgm-resorts-and-entain-stocks-surge-after-betmgm-posts-strong-2025-results-93CH-4240416

New York casino process enters a new phase as questions abound and influence spreads

The New York casino licensing process has concluded, with Bally's Bronx, Resorts World NYC, and Metropolitan Park receiving commercial licenses. These three recipients face significant development costs and varying tax rates, with Resorts World planning a $5.5 billion expansion, Metropolitan Park an $8 billion complex, and Bally's a $4 billion integrated resort. The article also discusses emerging impacts such as potential iGaming legalization in New York, the growing influence of prediction markets headquartered in NYC, and New Jersey's ongoing efforts to expand casinos outside Atlantic City to counteract the new competition.

https://igamingbusiness.com/casino-games/new-york-three-downstate-casinos-next-steps/

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MGM Resorts International Price History

28.02.2025 - MGM Stock was down 5.0%

• The company is working on broadening its revenue sources beyond gaming, a promising long-term approach.
• Nonetheless, the current high operating costs are worrying investors, contributing to the bearish movement in the stock price.
• Investors seem wary of the short-term financial implications of these costs, resulting in the stock's downward trend.

22.03.2025 - MGM Stock was up 5.0%

• MGM stock experienced a strong bullish movement recently.
• The positive performance could be attributed to the upcoming business update for BetMGM, a joint venture between MGM Resorts International and Entain, which is one of the leading sports betting and iGaming operators in the U.S.
• Additionally, the overall optimism in the gambling and entertainment industry, as indicated by the recovery of markets like Macao and Singapore, could have contributed to the bullish sentiment surrounding MGM stock.
• Despite a recent drop in stock price, the anticipation of positive news and growth opportunities in the sector might have fueled investor confidence in MGM Resorts International, leading to the bullish market movement.

30.09.2025 - MGM Stock was down 1.6%

• The third-quarter results from MGM China possibly underwhelmed investors, resulting in a pessimistic market outlook.
• The earnings for Q3 fell notably below expectations, likely influencing the bearish movement.
• Despite the potential for growth in MGM China and digital ventures, increased expenses and renovation effects may have outshined positive developments, leading to a decline in the stock value.
• Insights from the recent earnings report might be prompting investors to approach the company's future performance with caution.

31.09.2025 - MGM Stock was up 5.2%

• Despite posting mixed Q3 results with earnings missing estimates, MGM Resorts experienced a bullish movement attributed to rising revenues year-over-year, driven by growth in MGM China and digital operations.
• The market reacted positively to the solid growth in MGM China and digital operations, outweighing concerns about earnings missing estimates.
• Investors showed optimism about the company's future performance, focusing on the revenue growth and potential in MGM's key segments.
• The bullish movement could also be linked to investors' expectations of continued growth in MGM China and the overall resilience of the company's operations despite some challenges in the latest earnings report.

16.03.2025 - MGM Stock was down 5.1%

• MGM Resorts International's stock price dropped by 1.41% in the current session, continuing its downward trend over the past month and year.
• The surge in Nintendo's stock price, with higher trading volume, may have diverted investor attention away from MGM, contributing to the bearish movement.
• Despite the exciting news about the return of the Bellagio Fountain Club for the Formula 1 Heineken Las Vegas Grand Prix in 2025, the market sentiment towards MGM remained bearish, possibly due to broader market conditions or specific company performance concerns.
• Investors might be cautious about MGM's financial performance, as reflected in the declining stock price, leading to a lack of immediate positive impact from the positive news surrounding the Bellagio Fountain Club event.

29.06.2025 - MGM Stock was down 5.2%

• BETMGM's stronger than expected performance in the second quarter and first half of 2025, along with an increased outlook for the full year, was not enough to offset concerns in the market, leading to the bearish movement in MGM stock.
• The anticipation of softer casino trends and margin pressure in MGM's Q2 earnings report, despite digital gains and strength in Las Vegas, might have contributed to the negative market sentiment.
• Although MGM was expected to beat earnings estimates, the overall market conditions and investor sentiment likely overshadowed this positive outlook, resulting in the bearish movement of the stock today.

02.04.2025 - MGM Stock was up 5.2%

• MGM stock experienced a strong bullish movement today.
• The company beat earnings and revenue estimates for Q1, reflecting strong performance in its digital and Las Vegas units.
• Caesars Entertainment also outperformed in the iGaming sector, indicating a positive trend in the industry.
• The market reacted positively to MGM's record-breaking revenue in Las Vegas and its overall strong financial results, driving the stock price up.

31.06.2025 - MGM Stock was down 5.7%

• Despite exceeding earnings and revenue expectations in Q2 and introducing a lineup of celebrity chefs for an upcoming event, MGM Resorts' stock faced a downward trend.
• There are concerns in the market regarding softer casino trends and margin pressure, overshadowing the company's positive financial results and exciting announcements.
• Investors seem to be more focused on potential challenges in the casino industry and margin constraints rather than the successful execution of strategies and improved guidance for FY2025.
• The stock's decline could also be influenced by overall market conditions or profit-taking following a period of growth, despite the favorable developments within the company.

10.03.2025 - MGM Stock was up 6.9%

• MGM stock experienced a strong bullish movement likely due to the announcement of the return of the Bellagio Fountain Club for the Formula 1 Heineken Las Vegas Grand Prix in 2025.
• The excitement surrounding this premier event, featuring celebrated chefs, unmatched views, and new pricing, may have attracted investors' attention and contributed to the surge in MGM's stock price.
• Additionally, the positive sentiment towards entertainment and hospitality sectors, as evidenced by Nintendo's surge, could have further boosted investor confidence in MGM's prospects, leading to the bullish market movement.

10.11.2025 - MGM Stock was up 4.6%

• MGM Resorts International experienced a strong bullish movement today, likely driven by positive investor sentiment and key developments in the market.
• Institutional investors, such as Amundi and IAC Inc., significantly increased their holdings in MGM, signaling confidence in the company's long-term growth prospects.
• The purchase of additional shares by major shareholders and the overall positive outlook from analysts despite mixed earnings reports could have contributed to the bullish momentum in MGM's stock price.
• Despite concerns about the impact of the pandemic on the hospitality industry, MGM's strategic positioning and strong presence in key markets seem to have reassured investors about the company's resilience and potential for future growth.

04.01.2026 - MGM Stock was up 11.0%

• MGM's stock experienced a bullish movement today following a positive business update from its joint venture, BetMGM.
• BetMGM reported record net revenue and adjusted EBITDA for 2025, driven by strong performance in online sports betting and iGaming, leading to investor optimism.
• The strong financial performance and optimistic outlook for future fiscal years contributed to the surge in MGM's stock price.
• The positive momentum could also be attributed to the anticipation surrounding MGM Resorts International's upcoming Q4 2025 earnings announcement, with analysts projecting favorable results.

04.01.2026 - MGM Stock was up 8.8%

• BetMGM, the online gaming joint venture between MGM Resorts International and Entain Plc, reported its first profitable year in 2025, with impressive financial results, including $2.8 billion in net gaming revenue and $220 million in EBITDA. This positive performance and the announcement of strong 2026 guidance boosted investor confidence and led to a significant surge in MGM's stock price.
• The successful financial results and optimistic outlook for the future showcased BetMGM's strong position in the online sports betting and iGaming market, driving the overall bullish movement in MGM's stock.
• The cash return to parent companies, along with the positive reception of the fiscal year 2025 results and future projections, highlighted the market's favorable response to MGM's strategic partnership with Entain and the growth potential of the online gaming sector.