Capital One Raises MGM Resorts Price Target to $51

Analysts see upside potential for the casino and resort company

Apr. 18, 2026 at 1:35pm

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An extreme close-up of the inner workings of a casino slot machine, with a maze of metallic gears, circuits, and sensors, conveying the complex financial infrastructure and institutional power of the gaming industry.The heavy machinery and advanced technology powering MGM Resorts' casino operations reflect the company's institutional strength and growth potential.Las Vegas Today

Capital One Financial analysts have increased their price target for MGM Resorts International (NYSE:MGM) from $46 to $51, maintaining an 'overweight' rating on the stock. The new target price suggests a potential upside of over 32% from the stock's current trading level. Several other analysts have also weighed in on MGM, with a mix of price target changes and ratings.

Why it matters

The increased price target from Capital One reflects analysts' optimism about MGM Resorts' growth prospects, as the company continues to recover from the impacts of the COVID-19 pandemic on the hospitality and gaming industries. The analysts' views could influence investor sentiment and trading activity around MGM's stock.

The details

In their research note, the Capital One analysts cited MGM Resorts' strong financial performance and growth potential as reasons for the price target increase. The company has been working to diversify its revenue streams and expand its digital gaming offerings, which could drive future growth. However, some other analysts remain more cautious, with Wells Fargo lowering its price target on MGM.

  • The new price target from Capital One was issued on Friday, April 18, 2026.

The players

Capital One Financial

A major U.S. financial services company that provides banking, credit card, and other financial products and services.

MGM Resorts International

A leading global hospitality and entertainment company that develops, owns, and operates destination resorts, hotels, and casinos, including the iconic MGM Grand in Las Vegas.

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What’s next

Investors will be closely watching MGM Resorts' upcoming financial results and any further analyst commentary on the company's growth prospects.

The takeaway

The increased price target from Capital One reflects analysts' belief in MGM Resorts' ability to capitalize on the recovery of the hospitality and gaming industries, though some uncertainty remains around the company's near-term outlook.