$28.960
-0.434 (-1.50%)At close
Price Predictions
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MGM Prediction & Forecast by Similar Chart Analysis
Alphio's MGM stock price prediction model matches the current MGM Resorts International tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $29.24 (+0.95%). The 1-week path is $29.34 (+1.32%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy MGM Resorts International Stock?
MGM Resorts International is currently not a strong buy due to its low current price of $29.27 and a concerning RSI of 10.34, indicating oversold conditions. However, the forward P/E ratio of 17.36 suggests potential for future earnings growth. The main risk is the recent downgrade by Barclays, reducing the price target from $48 to $37, which reflects a bearish sentiment in the market.
MGM stock price ended at $28.96 on Wednesday, after losing -1.50%
MGM Resorts International (MGM) last closed at $28.96, losing -1.50%. These facts feed the 1-day and 1-week MGM price prediction above.
Analyst Consensus
MGM Resorts International (MGM): 13 buy, 4 hold, 0 sell. Outlook: Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
MGM Resorts International (MGM) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches MGM, ranked by similarity.
Seasonality analysis for MGM
Historically the probability of a positive October return for MGM is 7.02%. July offers the highest probability of a positive month at 74.24%, while October is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for MGM
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Oct 2026 | $32.55 | $32.64 | $33.37 | +12.71% |
| Nov 2026 | $24.95 | $27.25 | $32.08 | -5.91% |
| Dec 2026 | $32.17 | $32.76 | $35.24 | +13.13% |
In 2026, MGM Resorts International (MGM) is projected to range from $24.95 to $35.24.
MGM Resorts International 2026 monthly forecast
In Oct 2026, MGM Resorts International is projected to average $32.64, with a low of $32.55 and high of $33.37.
In Nov 2026, MGM Resorts International is projected to average $27.25, with a low of $24.95 and high of $32.08.
In Dec 2026, MGM Resorts International is projected to average $32.76, with a low of $32.17 and high of $35.24.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.