Capital One raises target for MGM Resorts stock from USD 53.00 to USD 57.00

Published on 10/07/2026 at 05:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 4.45 billion, up 1.00 percent year over year. MGM Resorts stock stood at EUR 27.21 on October 5, 2026, its prior close.

MGM Resorts, US5529531015, Illustration mit AI erstellt.

MGM Resorts stock is tied to a higher Capital One target, which moved from USD 53.00 to USD 57.00. According to Ground News on October 4, 2026, Capital One Financial raised the target and assigned MGM Resorts an overweight rating.

Capital One lifts the valuation marker

The USD 4.00 increase equals 7.55 percent versus the previous target, giving the revision a clear numerical basis. The target change is a market opinion, not company guidance, so the next operating report remains the more direct test of MGM's earnings trajectory.

That distinction matters because the target sits in US dollars while the reference quotation for German readers is in euros. The two prices are therefore kept separate rather than combined into a single upside calculation.

Second-quarter figures set the baseline

Simply Wall St reported that MGM generated USD 4.45 billion in revenue in the second quarter of 2026, up 1.00 percent year over year. Net income reached USD 292.40 million in the same period, up 497.00 percent year over year, while earnings per share reached USD 1.15.

The profit comparison is the sharper part of the operating picture. Revenue growth was limited to 1.00 percent, but the much larger net income increase gives the target revision a profitability angle that revenue alone would not show.

October 28 is the next test

MGM Resorts will release third-quarter 2026 results after the market closes on October 28, 2026, according to Trivano. The company also scheduled a conference call for 5:00 p.m. ET that day, making the release the next dated checkpoint for revenue, profit and management commentary.

For investors, the key comparison will be whether profit growth can continue to outpace revenue growth. Capital One's USD 57.00 target and the October 28 reporting date frame that question, while the second-quarter figures provide the latest reported benchmark.

Prior close sets the market reference

The prior close at Lang & Schwarz was EUR 27.21 on October 5, 2026. On the NYSE, MGM shares stood at USD 30.54 at 4:00 p.m. ET on October 6, 2026, against a 52-week range of USD 29.19 to USD 51.59.

The further course of trading is shown by the continuously updated real-time quote of MGM Resorts stock.