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Melco Resorts & Entertainment (MLCO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MLCO Stock Forecast

Melco Resorts & Entertainment (MLCO) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $10.06, with a high of $11.50 and a low of $9.20. This represents a 107.85% increase from the last price of $4.84.

$4 $5 $6 $7 $8 $9 $10 $11 $12 High: $11.5 Avg: $10.06 Low: $9.2 Last Closed Price: $4.84

MLCO Stock Rating

Melco Resorts & Entertainment stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 16 Buy (88.89%), 2 Hold (11.11%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 18 0 2 16 Strong Sell Sell Hold Buy Strong Buy

MLCO Price Target Upside V Benchmarks

TypeNameUpside
StockMelco Resorts & Entertainment107.85%
SectorConsumer Cyclical Stocks 29.57%
IndustryGambling, Resorts & Casinos Stocks 52.42%
IdeaTravel Stocks List36.73%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$8.77
Last Closing Price$4.84$4.84$4.84
Upside/Downside--81.20%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25374--14
Mar, 25375--15
Feb, 25374--14
Jan, 25384--15
Dec, 24384--15
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Ronald LeungBank of America Securities$9.20$7.5821.37%90.08%
Aug 12, 2024Karl ChoiBank of America Securities$7.50$5.5734.65%54.96%
May 06, 2024Praveen ChoudharyMorgan Stanley$9.60$7.2432.60%98.35%
Apr 15, 2024Vitaly UmanskySeaport Global$10.00$6.9543.88%106.61%
Nov 28, 2022J.P. Morgan$10.00$7.3036.99%106.61%
Sep 26, 2022Citigroup$11.50$6.8867.15%137.60%
Jul 05, 2022Citigroup$11.00$5.8986.76%127.27%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 03, 2025Morgan StanleyOverweightOverweightupgrade
Oct 14, 2024Bank of America SecuritiesBuyNeutraldowngrade
Jul 09, 2024CitigroupBuyBuyhold
May 29, 2024Bank of America SecuritiesBuyupgrade
May 06, 2024Morgan StanleyOverweightupgrade
May 01, 2024CitigroupBuyBuyhold
Apr 15, 2024Seaport GlobalBuyinitialise
Jun 20, 2023Credit SuisseNeutralOutperformupgrade
Oct 17, 2022Credit SuisseNeutraldowngrade
Sep 26, 2022CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-3.05$-2.00$-2.37$-0.63----
Avg Forecast$-2.59$-1.87$-2.00-$0.23$0.40$0.68$0.80
High Forecast$-2.45$-1.77$-1.92-$0.34$0.42$0.90$0.94
Low Forecast$-2.77$-2.00$-2.14-$0.06$0.38$0.46$0.66
Surprise %17.76%6.95%18.50%-----

Revenue Forecast

$1B $2B $3B $4B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.73B$2.01B$1.35B$3.78B----
Avg Forecast$1.74B$2.03B$1.43B$3.83B$4.63B$4.89B$5.07B$5.52B
High Forecast$1.84B$2.14B$1.51B$3.86B$4.64B$4.98B$5.12B$5.74B
Low Forecast$1.67B$1.94B$1.39B$3.80B$4.62B$4.78B$5.02B$5.30B
Surprise %-0.90%-0.77%-5.71%-1.45%----

Net Income Forecast

$-2B $-900M $-300M $300M $900M $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-1.45B$-956.46M$-1.10B$-277.58M----
Avg Forecast$-1.19B$-802.84M$-883.13M$-326.92M$261.20M$522.44M$893.86M$1.05B
High Forecast$-953.47M$-642.27M$-706.50M$-261.54M$447.77M$547.19M$1.18B$1.24B
Low Forecast$-1.43B$-963.41M$-1.06B$-392.30M$74.63M$497.68M$610.75M$867.36M
Surprise %22.05%19.13%24.24%-15.09%----

MLCO Forecast FAQ

Is Melco Resorts & Entertainment stock a buy?

Melco Resorts & Entertainment stock has a consensus rating of Buy, based on 18 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 16 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Melco Resorts & Entertainment is a favorable investment for most analysts.

What is Melco Resorts & Entertainment's price target?

Melco Resorts & Entertainment's price target, set by 18 Wall Street analysts, averages $10.06 over the next 12 months. The price target range spans from $9.2 at the low end to $11.5 at the high end, suggesting a potential 107.85% change from the previous closing price of $4.84.

How does Melco Resorts & Entertainment stock forecast compare to its benchmarks?

Melco Resorts & Entertainment's stock forecast shows a 107.85% upside, outperforming the average forecast for the consumer cyclical stocks sector (29.57%) and outperforming the gambling, resorts & casinos stocks industry (52.42%), leading the travel stocks list (36.73%) investment idea.

What is the breakdown of analyst ratings for Melco Resorts & Entertainment over the past three months?

  • April 2025: 21.43% Strong Buy, 50.00% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 20.00% Strong Buy, 46.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 21.43% Strong Buy, 50.00% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.

What is Melco Resorts & Entertainment’s EPS forecast?

Melco Resorts & Entertainment's average annual EPS forecast for its fiscal year ending in December 2024 is $0.23, marking a -136.51% decrease from the reported $-0.63 in 2023. Estimates for the following years are $0.4 in 2025, $0.68 in 2026, and $0.8 in 2027.

What is Melco Resorts & Entertainment’s revenue forecast?

Melco Resorts & Entertainment's average annual revenue forecast for its fiscal year ending in December 2024 is $4.63B, reflecting a 22.74% increase from the reported $3.78B in 2023. The forecast for 2025 is $4.89B, followed by $5.07B for 2026, and $5.52B for 2027.

What is Melco Resorts & Entertainment’s net income forecast?

Melco Resorts & Entertainment's net income forecast for the fiscal year ending in December 2024 stands at $261.2M, representing a -194.10% decrease from the reported $-278M in 2023. Projections indicate $522.44M in 2025, $893.86M in 2026, and $1.05B in 2027.