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MGM Resorts International (MGM, Casinos & Gaming) Stock Valuation & Fair Value Mixed on our tests

MGM Resorts International (MGM, Casinos & Gaming) trades at a blended P/E of 13.9, about 53% below its historical normal valuation, with a forward growth estimate of 4.6% and a PEG of 3.04. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 29.7 on the same blended earnings, the 2026-10-02 close of $30.48 corresponds to about $64.90 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-05
Blended P/E
13.9
Normal P/E
29.7
PEG
3.04
Fwd growth
4.6%
Div yield
0.0%
RSI (14)
14.1
Oversold
Technical context
  • Price $30.01 at the 2026-10-08 close, 13.2% below the 20-day average ($34.57) and 24.4% below the 50-day ($39.72).
  • RSI (14) at 14.1.
  • 52-week range $30.00 to $50.69: the price is 40.8% below the high and at the low.

The Street vs SeerForecast

Wall Street's mean price target for MGM is $49.33 across 19 analysts, 64.4% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from weak on forward returns (2026-06-10) to mixed on our tests (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 18.1 to 13.9 between 2026-06-10 and 2026-10-02, against a normal P/E of 29.7, with 5 rating changes over 36 recorded weeks.2026-06-10: P/E 18.1, Weak on forward returns, recalculated for the week of 2026-06-102026-06-12: P/E 18.1, Weak on forward returns, recalculated for the week of 2026-06-142026-06-16: P/E 18.1, Weak on forward returns, recalculated for the week of 2026-06-162026-06-18: P/E 18.1, Weak on forward returns, recalculated for the week of 2026-06-212026-07-02: P/E 18.9, Weak on forward returns, recalculated for the week of 2026-07-022026-07-06: P/E 18.6, Weak on forward returns, recalculated for the week of 2026-07-062026-07-09: P/E 18.6, Weak on forward returns, recalculated for the week of 2026-07-092026-07-10: P/E 18.7, Weak on forward returns, recalculated for the week of 2026-07-122026-07-13: P/E 18.7, Weak on forward returns, recalculated for the week of 2026-07-132026-07-14: P/E 18.7, Weak on forward returns, recalculated for the week of 2026-07-142026-07-20: P/E 18.8, Weak on forward returns, recalculated for the week of 2026-07-202026-07-22: P/E 18.8, Weak on forward returns, recalculated for the week of 2026-07-222026-07-24: P/E 18.8, Weak on forward returns, recalculated for the week of 2026-07-252026-07-27: P/E 18.8, Weak on forward returns, recalculated for the week of 2026-07-272026-07-31: P/E 18.6, Poor on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 18.2, Poor on forward returns, recorded live 2026-08-032026-08-07: P/E 18.5, Poor on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 18.5, Poor on forward returns, recorded live 2026-08-102026-08-14: P/E 18.6, Weak on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 18.6, Weak on forward returns, recorded live 2026-08-172026-08-21: P/E 18.4, Poor on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 18.7, Poor on forward returns, recorded live 2026-08-242026-08-27: P/E 18.7, Poor on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 18.6, Poor on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 18.3, Poor on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 18.3, Poor on forward returns, recorded live 2026-08-312026-09-04: P/E 18.1, Poor on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 18.1, Poor on forward returns, recorded live 2026-09-072026-09-11: P/E 17.7, Poor on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 17.7, Poor on forward returns, recorded live 2026-09-142026-09-18: P/E 17.0, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 17.0, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 14.7, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 14.7, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 13.9, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 13.9, Mixed on our tests, recorded live 2026-10-0515.020.025.0Jun 10Jul 8Aug 6Sep 4Oct 2Normal P/E 29.7
Mixed on our testsWeak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 18.1-39%Weak on forward returns (recalculated)
2026-07-02P/E 18.9-36%Weak on forward returns (recalculated)
2026-07-31P/E 18.6-37%Poor on forward returns (recalculated)
2026-08-14P/E 18.6-37%Weak on forward returns (recalculated)
2026-08-21P/E 18.4-38%Poor on forward returns (recalculated)
2026-09-19P/E 17.0-43%Weak on forward returns (recalculated)
2026-10-03P/E 13.9-53%Mixed on our tests (recalculated)
2026-10-05P/E 13.9-53%Mixed on our tests ← now
Show all 36 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 18.1-39%Weak on forward returns (recalculated)
2026-06-14P/E 18.1-39%Weak on forward returns (recalculated)
2026-06-16P/E 18.1-39%Weak on forward returns (recalculated)
2026-06-21P/E 18.1-39%Weak on forward returns (recalculated)
2026-07-02P/E 18.9-36%Weak on forward returns (recalculated)
2026-07-06P/E 18.6-37%Weak on forward returns (recalculated)
2026-07-09P/E 18.6-37%Weak on forward returns (recalculated)
2026-07-12P/E 18.7-37%Weak on forward returns (recalculated)
2026-07-13P/E 18.7-37%Weak on forward returns (recalculated)
2026-07-14P/E 18.7-37%Weak on forward returns (recalculated)
2026-07-20P/E 18.8-36%Weak on forward returns (recalculated)
2026-07-22P/E 18.8-36%Weak on forward returns (recalculated)
2026-07-25P/E 18.8-37%Weak on forward returns (recalculated)
2026-07-27P/E 18.8-37%Weak on forward returns (recalculated)
2026-07-31P/E 18.6-37%Poor on forward returns (recalculated)
2026-08-03P/E 18.2-39%Poor on forward returns
2026-08-07P/E 18.5-38%Poor on forward returns (recalculated)
2026-08-10P/E 18.5-38%Poor on forward returns
2026-08-14P/E 18.6-37%Weak on forward returns (recalculated)
2026-08-17P/E 18.6-37%Weak on forward returns
2026-08-21P/E 18.4-38%Poor on forward returns (recalculated)
2026-08-24P/E 18.7-37%Poor on forward returns
2026-08-27P/E 18.7-37%Poor on forward returns (recalculated)
2026-08-28P/E 18.6-37%Poor on forward returns (recalculated)
2026-08-30P/E 18.3-38%Poor on forward returns (recalculated)
2026-08-31P/E 18.3-38%Poor on forward returns
2026-09-05P/E 18.1-39%Poor on forward returns (recalculated)
2026-09-07P/E 18.1-39%Poor on forward returns
2026-09-12P/E 17.7-40%Poor on forward returns (recalculated)
2026-09-14P/E 17.7-40%Poor on forward returns
2026-09-19P/E 17.0-43%Weak on forward returns (recalculated)
2026-09-21P/E 17.0-43%Weak on forward returns
2026-09-26P/E 14.7-50%Weak on forward returns (recalculated)
2026-09-28P/E 14.7-50%Weak on forward returns
2026-10-03P/E 13.9-53%Mixed on our tests (recalculated)
2026-10-05P/E 13.9-53%Mixed on our tests ← now

Frequently asked questions

Is MGM Resorts International stock overvalued?

At a blended P/E of 13.9 versus its historical normal P/E of 29.7, MGM Resorts International trades about 53% below its typical valuation, with a PEG of 3.04 on 4.6% forward growth. tickerseer currently rates it mixed on our tests.

What is MGM Resorts International's fair value and PEG?

MGM Resorts International trades at a blended P/E of 13.9 against a historical normal P/E of 29.7, a PEG of 3.04, and a forward growth estimate of 4.6%. Priced at its historical normal P/E of 29.7 on the same blended earnings, the 2026-10-02 close of $30.48 corresponds to about $64.90 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of MGM Resorts International changed?

tickerseer's rating moved from weak on forward returns (2026-06-10) to mixed on our tests (2026-10-05).

What is the analyst price target for MGM Resorts International?

The mean Wall Street price target for MGM Resorts International is $49.33 across 19 analysts, 64.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Casinos & Gaming. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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