MGM Resorts (MGM) Receives a Hold from Bank of America Securities
Bank of America Securities analyst Shaun Kelley reiterated a Hold rating on MGM Resorts today and set a price target of $40.00.
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Kelley covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, MGM Resorts, and Boyd Gaming. According to TipRanks, Kelley has an average return of 3.0% and a 52.75% success rate on recommended stocks.
In addition to Bank of America Securities, MGM Resorts also received a Hold from J.P. Morgan’s Daniel Politzer in a report issued today. However, on the same day, Stifel Nicolaus maintained a Buy rating on MGM Resorts (NYSE: MGM).
Based on MGM Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.25 billion and a GAAP net loss of $285.26 million. In comparison, last year the company earned a revenue of $4.18 billion and had a net profit of $184.58 million
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MGM in relation to earlier this year. Most recently, in December 2025, IAC InterActiveCorp, a Major Shareholder at MGM bought 1,098,748.00 shares for a total of $39,884,552.40.
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