MGM Resorts International ($MGM) Stock Forecast: Up 10.1% Today

What is MGM Resorts International?

MGM Stock Movement Today: Bullish

Why is MGM Resorts International going up?

MGM stock is up 10.1% on Feb 18, 2026 18:55

• MGM Resorts International's "DRINK Las Vegas" festival announcement across four Las Vegas resorts likely boosted investor sentiment, showcasing the company's commitment to innovative experiences and attracting customers.
• The successful joint venture with Grupo Globo for BetMGM in Brazil, positioning the company for a 10% market share target, indicates strong growth potential and market expansion, contributing to the bullish movement.
• The strategic acquisition of additional shares in Maple Gold Mines by Agnico Eagle Mines may have demonstrated confidence in the mining sector, potentially attracting investors to MGM's diversified portfolio.
• Amidst positive developments in the leisure and entertainment industry, including the upcoming Live Nation Q4 earnings report and Caesars Entertainment's strategic property renovations, the overall market sentiment may have been optimistic, further supporting MGM's bullish movement.

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MGM News

50+ cocktail and food events across four Las Vegas resorts September weekend

MGM Resorts International is launching "DRINK Las Vegas," a four-day beverage and culinary festival from September 24-27, 2026, across Bellagio, ARIA, The Cosmopolitan, and Park MGM. The event will feature over 50 events including tastings, master classes, and chef-mixologist collaborations. This initiative aims to celebrate innovators in the beverage world and elevate cocktail culture through educational sessions and unique experiences.

https://www.stocktitan.net/news/MGM/drink-las-vegas-to-unite-world-class-mixologists-and-celebrated-qkqs3natnws4.html

Globo JV puts BetMGM in strong position for 10% Brazil market share target, say operator execs

BetMGM's joint venture with Grupo Globo has positioned the company well to achieve its target of 10% market share in Brazil, according to its COO and CMO. Despite entering the regulated market later than some competitors, the partnership with Brazil's largest media group provided immediate credibility and brand recognition. MGM Resorts CEO Bill Hornbuckle believes this 10% target is achievable through a long-term strategic approach and rational investment.

https://igamingbusiness.com/strategy/betmgm-brazil-market-grupo-globo-jv/

Agnico Eagle Mines buys 662,780 shares of Maple Gold Mines for C$1.62M

Agnico Eagle Mines has purchased 662,780 common shares of Maple Gold Mines at an average price of C$2.44 per share, totaling C$1.62 million. This acquisition increases Agnico Eagle's stake in Maple Gold Mines to approximately 13.9%, reinforcing their position as a significant shareholder.

https://www.msn.com/en-us/money/companies/agnico-eagle-mines-buys-662-780-shares-of-maple-gold-mines-for-c-1-62m/ar-AA1WyQcH?ocid=finance-verthp-feeds

Live Nation (LYV) Q4 Earnings Report Preview: What To Look For

Live Nation Entertainment (LYV) is set to report its Q4 earnings this Thursday. Analysts anticipate a 7.4% year-on-year revenue growth to $6.10 billion, a significant rebound from last year's decrease, despite the company missing revenue estimates in four of the last eight quarters. Investors will be watching key metrics, especially after a mixed Q3 performance and the performance of peers in the leisure facilities segment.

https://www.tradingview.com/news/stockstory:221d9933c094b:0-live-nation-lyv-q4-earnings-report-preview-what-to-look-for/

Caesars Entertainment repeats ‘no crisis’ theme, citing Las Vegas tourism cycle that CEO sees as normal

Caesars Entertainment CEO Tom Reeg attributes the recent decline in Las Vegas tourism to normal economic cycle activity, rather than a crisis. The company plans to continue renovating its properties, like Caesars Palace, the Cromwell, and the former Margaritaville, to enhance customer experience. Despite a 3.4% dip in Las Vegas revenues for Q4 2025, regional casinos offset the decline, resulting in a net revenue increase for the quarter and year.

https://www.8newsnow.com/news/local-news/las-vegas-strip/caesars-entertainment-repeats-no-crisis-theme-citing-las-vegas-tourism-cycle-that-ceo-sees-as-normal/

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MGM Resorts International Price History

18.01.2026 - MGM Stock was up 8.4%

• The bullish movement in MGM stock today is due to the positive outlook on its joint venture with Grupo Globo in Brazil, setting the company up to reach a 10% market share goal. This partnership has enhanced MGM's credibility and brand recognition in the region, indicating potential growth opportunities.
• Despite challenging economic conditions and recent stock underperformance, options traders are not panicking, showing a potential bullish sentiment toward MGM stock. The analysis of volatility skew suggests that traders are cautiously optimistic, with strategies like bull call spreads being recommended for aggressive speculators.
• In conclusion, MGM's bullish movement today may reflect investor confidence in the company's long-term strategic approach, supported by positive developments such as the Brazil market expansion and favorable options trading activity.

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.

12.01.2026 - MGM Stock was down 5.3%

• MGM experienced a bearish movement likely due to a combination of factors:
• An "Underweight" rating on MGM by Morgan Stanley signaling a cautious outlook on the stock despite a slight increase in price target.
• Mixed Q4 results showed revenue exceeding expectations but adjusted EBITDA falling short due to margin pressures, indicating potential concerns about profitability.
• Despite a focus on digital expansion and growth in Macau, market uncertainties and competitive pressures persisted.
• Overall, the bearish movement could be attributed to investor sentiment influenced by the cautious ratings, margin pressures, and uncertainties surrounding the company's strategic focus in a competitive market environment.

18.01.2026 - MGM Stock was up 10.1%

• MGM Resorts International's "DRINK Las Vegas" festival announcement across four Las Vegas resorts likely boosted investor sentiment, showcasing the company's commitment to innovative experiences and attracting customers.
• The successful joint venture with Grupo Globo for BetMGM in Brazil, positioning the company for a 10% market share target, indicates strong growth potential and market expansion, contributing to the bullish movement.
• The strategic acquisition of additional shares in Maple Gold Mines by Agnico Eagle Mines may have demonstrated confidence in the mining sector, potentially attracting investors to MGM's diversified portfolio.
• Amidst positive developments in the leisure and entertainment industry, including the upcoming Live Nation Q4 earnings report and Caesars Entertainment's strategic property renovations, the overall market sentiment may have been optimistic, further supporting MGM's bullish movement.

13.01.2026 - MGM Stock was down 5.4%

• MGM experienced a bearish movement despite positive news from Melco Resorts & Entertainment and strong earnings reported by the company.
• Thrivent Financial for Lutherans' significant increase in stake in MGM did not seem to positively impact the stock's performance.
• The bullish movement in Wynn Resorts following its Q4 earnings beat may have diverted investor attention away from MGM.
• The overall positive sentiment in the casino and resort industry, as seen with Caesars Entertainment's increased stock holdings, did not translate into a positive market movement for MGM today.

06.01.2026 - MGM Stock was up 5.0%

• MGM Resorts International encountered a notable upward trend despite obstacles in its Las Vegas sector due to various reasons:
• The company achieved a 6% year-over-year rise in consolidated net revenues to $4.6 billion in Q4 2025, fueled by robust regional activities, MGM China, and digital expansion, counterbalancing the Las Vegas performance decline.
• Analyst perspectives on MGM's future performance vary, with some expressing concerns about the Vegas segment, while others acknowledge the company's diversified strengths and the potential EBITDA growth on the Las Vegas Strip in the latter part of 2026.
• The positive market movement can be attributed to MGM Resorts surpassing quarterly profit expectations, supported by the consistent performance of its online sports-betting sector, which demonstrated significant revenue growth. This favorable result likely bolstered investor trust in the company's capability to capitalize on its digital portfolio for advancement despite challenges in traditional sectors.

05.01.2026 - MGM Stock was down 5.0%

• The bearish movement in MGM's stock price today can be attributed to:
• The overall market sentiment reflecting a 4.63% decrease in the stock price, closing at $35.22, possibly influenced by broader market trends or sector-specific challenges.
• Despite analyst forecasts suggesting a potential upside and an average target price of $42.99, the stock experienced a significant decline, indicating short-term investor caution.
• The company's transition towards becoming a digital and global entertainment enterprise, with a focus on the BetMGM joint venture and the upcoming integrated resort in Osaka, Japan, may have raised concerns about the pace and success of this transformation.
• The Price-to-Earnings (P/E) ratio lower than the industry average could have sparked doubts among investors about potential undervaluation or underperformance, leading to the downward movement in the stock price.

05.01.2026 - MGM Stock was down 7.2%

• The bearish movement in MGM's stock price could be attributed to the company's recent drop in value, which may have been influenced by factors such as:
• The lower Price-to-Earnings (P/E) ratio compared to the industry average, indicating potential undervaluation or underperformance.
• Challenges in traditional casino operations, like slowing growth in Las Vegas and non-cash write-offs, impacting investor confidence.
• Despite strategic moves like share buybacks and a strengthened branding agreement with MGM China, the market may be reacting to uncertainties surrounding MGM's transition to an asset-light strategy and its digital ventures.
• The announcement of Bellagio's spa remodel, while enhancing guest experiences, may not have provided an immediate boost to MGM's stock, as investors may be more focused on the company's financial performance and industry positioning.
• Analyst recommendations of a "Hold" rating for MGM, alongside varied sentiment and price target adjustments, could also contribute to the bearish market movement, reflecting mixed investor outlooks on the company's future prospects.

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.