MGM Resorts International ($MGM) Stock Forecast: Down 5.2% Today

What is MGM Resorts International?

MGM Resorts International (NYSE: MGM) is a renowned global hospitality and entertainment company, known for its iconic resorts and casinos in Las Vegas and around the world. The stock had a bearish movement today amid market fluctuations.

Why is MGM Resorts International going down?

MGM stock is down 5.2% on Jul 29, 2025 15:41

• 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.

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BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASE - MGM Resorts International ( NYSE:MGM ) , Entain ( OTC:GMVHY )

Stronger than expected 2Q and 1H 2025 from successful strategic execution supports increased FY25 outlook

https://www.benzinga.com/pressreleases/25/07/n46679224/betmgm-2q1h-2025-update-fy2025-guidance-increase

MGM Resorts to Report Q2 Earnings: What's in Store for the Stock?

MGM's second-quarter 2025 results are likely to reflect softer casino trends and margin pressure, offset by digital gains and Las Vegas strength.

https://www.zacks.com/stock/news/2628372/mgm-resorts-to-report-q2-earnings-whats-in-store-for-the-stock

MGM Resorts ( MGM ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

MGM (MGM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2607865/mgm-resorts-mgm-expected-to-beat-earnings-estimates-can-the-stock-move-higher

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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.

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.

14.02.2025 - MGM Stock was up 5.0%

• The bullish movement in MGM stock today could be attributed to positive market sentiment and investor confidence in the company's ability to rebound from its recent earnings report.
• Despite a 25.3% decline since the last earnings report, investors may be optimistic about MGM's future performance and potential for a rebound.
• The market movement suggests that investors are focusing on the long-term growth prospects of MGM rather than its recent earnings performance, leading to a surge in buying activity.
• Overall, the bullish movement in MGM stock today indicates a shift in investor sentiment towards a more positive outlook on the company's future trajectory.

31.09.2024 - MGM Stock was down 9.1%

• Quarterly earnings for Q3 were below expectations, although revenues showed a yearly increase they did not meet forecasted figures.
• The stock's negative movements could be attributed to the surprises in earnings (-6.90%) and revenues (0.89%) falling short of estimates.
• Despite being boosted by strong leisure demand and beneficial partnerships, the stock faced a decline due to the unmet estimates and future outlook concerns.
• Investors seemed disappointed with MGM's Q3 results, despite positive growth in certain areas and strategic actions taken by the company.

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.

19.11.2024 - MGM Stock was down 5.0%

• The drop in MGM's stock price may be linked to overall market sentiment or specific challenges within the entertainment and hospitality sector.
• News of Uber's collaboration with WeRide Inc. in Abu Dhabi might have shifted investor focus away from conventional entertainment and casino stocks, prompting a market sell-off.
• There could be a shift in investor allocation towards technology and innovative firms such as Uber, leading to a repositioning of capital from traditional brick-and-mortar businesses like MGM.
• The partnership announcement between Uber and WeRide Inc. has the potential to disrupt the transport industry, possibly overshadowing established entertainment companies like MGM in today's trading.

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.

21.01.2025 - MGM Stock was down 5.1%

• Short interest in MGM Resorts International has decreased by 4.26%, suggesting a potential lack of confidence among investors.
• There are 15.12 million shares sold short, accounting for 6.75% of all regular shares available for trading, possibly indicating concerns about the company's performance.
• The decline in short interest may hint at a changing market sentiment towards MGM, potentially influenced by recent events or financial metrics.

13.01.2025 - MGM Stock was up 17.6%

• MGM Resorts International (MGM) witnessed a strong bullish movement in the market recently.
• The upward trend was supported by the company's fourth-quarter earnings and revenue surpassing expectations, driven by impressive performances from MGM China and regional operations.
• Investor confidence was likely boosted by the positive outlook for the company, with expectations for BetMGM to achieve profitability by 2025, leading to an increase in the stock price.
• Despite some concerns about consumer stocks, MGM's strong performance and future prospects seemed to outweigh any industry-wide worries, driving the stock's upward trajectory.

13.01.2025 - MGM Stock was up 12.3%

• MGM Resorts International exceeded earnings and revenue estimates for Q4, indicating robust financial performance.
• The company's BetMGM segment is expected to become profitable in 2025, enhancing investor confidence in future growth prospects.
• Despite prior suggestions to potentially sell the stock in February, MGM's positive earnings surprise and growth outlook likely attracted optimistic sentiment.
• The broader market's recovery from a significant selloff, combined with MGM's strong financial results, may have contributed to the stock's bullish movement today.

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.