Bull
$6.05
Scenario price
$4.150
-0.164 (-3.94%)At close
Melco Resorts & Entertainment Ltd is an investment holding company principally engaged in the development and operation of resort facilities. The Company is mainly involved in the provision of casinos, hotel rooms, food and beverage, as well as entertainment, retail and other services. The Company operates casinos under the names of City of Dreams, Studio City, Altira Macau, City of Dreams Manila, City of Dreams Mediterranean and others. The Company also operates electronic gaming machines through Mocha Clubs. In addition, the Company offers hotel management services. The Company operates its business in Asia and Europe.
Melco Resorts is not a strong buy right now due to its current price of $4.15, which is significantly below the analyst price targets of $6 to $8. The RSI is at 35.096, indicating that the stock is oversold, but the recent performance shows a 44.74% decline year-to-date, suggesting ongoing weakness. The main risk is the negative sentiment in the Macau gaming market, highlighted by an 8.4% year-on-year decline in gaming revenue in July, which could impact future earnings.
Susquehanna
$8
2026-08-12
Susquehanna
2026-08-12
Price Target
$8
BofA
—
2026-08-03
BofA
2026-08-03
Price Target
—
JPMorgan
$6
2026-07-16
JPMorgan
2026-07-16
Price Target
$6
Morgan Stanley
$6
2026-06-22
Morgan Stanley
2026-06-22
Price Target
$6
CLSA
$6.10
2026-06-05
CLSA
2026-06-05
Price Target
$6.10
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Studio City Reports Q2 2026 Financial Results with Declining Revenues

Melco Resorts to Release Q2 2026 Financial Results

Melco Resorts to Release Q2 2026 Financial Results

Macau's July Gaming Revenue Falls 8.4% Year-on-Year

Wall Street's Latest Ratings Overview
Melco Resorts & Entertainment Ltd is an investment holding company principally engaged in the development and operation of resort facilities. The Company is mainly involved in the provision of casinos, hotel rooms, food and beverage, as well as entertainment, retail and other services. The Company operates casinos under the names of City of Dreams, Studio City, Altira Macau, City of Dreams Manila, City of Dreams Mediterranean and others. The Company also operates electronic gaming machines through Mocha Clubs. In addition, the Company offers hotel management services. The Company operates its business in Asia and Europe. It operates in the Consumer Cyclicals sector (HOTELS AND MOTELS industry).
Melco Resorts is not a strong buy right now due to its current price of $4.15, which is significantly below the analyst price targets of $6 to $8. The RSI is at 35.096, indicating that the stock is oversold, but the recent performance shows a 44.74% decline year-to-date, suggesting ongoing weakness. The main risk is the negative sentiment in the Macau gaming market, highlighted by an 8.4% year-on-year decline in gaming revenue in July, which could impact future earnings.
19 analysts cover MLCO: 15 rate it Buy, 4 Hold and 0 Sell. The average price target is 11.21.
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