Melco Resorts & Entertainment Ltd
NASDAQ:MLCO

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Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
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Price: 5.98 USD -3.24% Market Closed
Market Cap: 2.6B USD
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Wall Street
Price Targets

MLCO Price Targets Summary
Melco Resorts & Entertainment Ltd

Wall Street analysts forecast MLCO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MLCO is 9.2 USD with a low forecast of 7.07 USD and a high forecast of 12.08 USD.

Lowest
Price Target
7.07 USD
18% Upside
Average
Price Target
9.2 USD
54% Upside
Highest
Price Target
12.08 USD
102% Upside

MLCO Last Price Targets
Melco Resorts & Entertainment Ltd

The latest public price target was made on Oct 14, 2024 by Ronald Leung from Bank of America Securities , who expects MLCO stock to rise by 54% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Ronald Leung
Bank of America Securities
9.2 USD
Upside 54%
2 months ago
Oct 14, 2024
BofA Securities Downgrades Melco Resorts & Entertainment Limited (MLCO) to Neutral
StreetInsider
Karl Choi
Bank of America Securities
7.5 USD
Upside 25%
4 months ago
Aug 12, 2024
Melco Resorts price target lowered to $7.50 from $8.50 at BofA
TheFly
Praveen Choudhary
Morgan Stanley
9.6 USD
Upside 61%
7 months ago
May 6, 2024
Melco Resorts upgraded to Overweight from Equal Weight at Morgan Stanley
TheFly
Vitaly Umansky
Seaport Global
10 USD
Upside 67%
8 months ago
Apr 15, 2024
Seaport Global Securities Starts Melco Resorts & Entertainment Limited (MLCO) at Buy, New Top Pick
StreetInsider
Ronald Leung
Bank of America Securities
Price Target 9.2 USD
Upside/Downside 54%
View Source
Karl Choi
Bank of America Securities
Price Target 7.5 USD
Upside/Downside 25%
View Source
Praveen Choudhary
Morgan Stanley
Price Target 9.6 USD
Upside/Downside 61%
View Source
Vitaly Umansky
Seaport Global
Price Target 10 USD
Upside/Downside 67%
View Source
Melco Resorts & Entertainment Ltd Competitors:
Price Targets
LNW
Light & Wonder Inc
31% Upside
ALL
Aristocrat Leisure Ltd
6% Upside
GH
Gamehost Inc
42% Upside
TLC
Lottery Corporation Ltd
9% Upside
KAMBI
Kambi Group PLC
103% Upside
RGB
RGB International Bhd
73% Upside
PARP
Groupe Partouche SA
59% Upside
G13
Genting Singapore Ltd
36% Upside

Revenue
Forecast

Revenue Estimate
Melco Resorts & Entertainment Ltd

For the last 8 years the compound annual growth rate for Melco Resorts & Entertainment Ltd's revenue is -1%. The projected CAGR for the next 4 years is 15%.

-1%
Past Growth
15%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Melco Resorts & Entertainment Ltd

For the last 8 years the compound annual growth rate for Melco Resorts & Entertainment Ltd's operating income is 15%. The projected CAGR for the next 4 years is 32%.

15%
Past Growth
32%
Estimated Growth
Estimates Accuracy
-10%
Average Miss

Net Income
Forecast

Net Income Estimate
Melco Resorts & Entertainment Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-63%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MLCO's stock price target?
Price Target
9.2 USD

According to Wall Street analysts, the average 1-year price target for MLCO is 9.2 USD with a low forecast of 7.07 USD and a high forecast of 12.08 USD.

What is Melco Resorts & Entertainment Ltd's Revenue forecast?
Projected CAGR
15%

For the last 8 years the compound annual growth rate for Melco Resorts & Entertainment Ltd's revenue is -1%. The projected CAGR for the next 4 years is 15%.

What is Melco Resorts & Entertainment Ltd's Operating Income forecast?
Projected CAGR
32%

For the last 8 years the compound annual growth rate for Melco Resorts & Entertainment Ltd's operating income is 15%. The projected CAGR for the next 4 years is 32%.

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