03:50 PM EST, 02/09/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $7 to $42, based on 8.5x our FY 26 adjusted EBITDA estimate and slightly lower than the company's three-year average forward EV/EBITDA multiple of 8.9x, reflecting our view of decelerating growth in Macao and a stable but sluggish Las Vegas segment. We maintain our FY 26 EPS estimate of $2.50 and initiate our FY 27 EPS estimate at $2.75. MGM posted normalized Q4 EPS of $1.60 vs. $0.45 in the year prior, $1.05 above consensus estimates on revenues of $4.61B vs. $4.38B, $170M above estimates. By segment in Q4, Las Vegas Strip revenues declined 3% to $2.2B, Regional increased 2% to $950M, MGM China increased 21% to $1.2B, and BetMGM increased 35% to $188M. Las Vegas Strip adjusted EBITDA declined 4% to $735M, Regional was flat at $280M, MGM China increased 30% to $332M, and BetMGM increased to -$7M from -$22M in the year prior. Q4 operating income was $325M (or 7.1% operating margin), compared to $292M (13.2%) in the year prior.