FMP

FMP

MGM Resorts International (NYSE:MGM) Stock Update

  • Goldman Sachs maintains a "Sell" rating on MGM Resorts International (NYSE:MGM) but raises the price target to $33 from $31.
  • Significant insider buying activity at MGM suggests confidence in the company's future despite the "Sell" rating.
  • MGM's stock price shows slight volatility with a current price of $37.38, indicating active investor interest and market presence.

MGM Resorts International (NYSE:MGM) is a prominent player in the hospitality and entertainment industry, known for its luxury resorts and casinos. On December 15, 2025, Goldman Sachs maintained a "Sell" rating for MGM, with a "hold" action, while raising the price target to $33 from $31. At that time, MGM's stock price was $37.38.

Despite the "Sell" rating, insider buying activity at MGM has been significant. Insiders, including beneficial owners, have increased their stakes, suggesting confidence in the company's future. This trend is notable as insider buying often slows when markets are near all-time highs or during earnings seasons, as highlighted by 24/7 Wall St.

MGM's stock price currently stands at $37.38, reflecting a slight decrease of 0.16% or $0.06. The stock has fluctuated between $37.31 and $38.20 today. Over the past year, it reached a high of $41.32 and a low of $25.30, indicating some volatility in its performance.

MGM's market capitalization is approximately $10.22 billion, reflecting its substantial presence in the industry. Today's trading volume is 2,667,959 shares, showing active investor interest. Despite the "Sell" rating, the insider buying activity may signal potential opportunities for investors.