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NASDAQ: MLCO
Melco Resorts & Entertainment Ltd Stock Forecast, Predictions & Price Target

Analyst price target for MLCO

Based on 4 analysts offering 12 month price targets for Melco Resorts & Entertainment Ltd.
Min Forecast
$8.40+20.86%
Avg Forecast
$10.75+54.68%
Max Forecast
$15.00+115.83%

Should I buy or sell MLCO stock?

Based on 4 analysts offering ratings for Melco Resorts & Entertainment Ltd.
Buy
Strong Buy
1 analysts 25%
Buy
1 analysts 25%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MLCO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-01-02
lockedlocked$00.00+00.00%2023-12-15

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Forecast return on equity

Is MLCO forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.28%

Forecast return on assets

Is MLCO forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MLCO revenue forecast

What is MLCO's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.6B+21.45%
Avg 2 year Forecast
$4.8B+28.19%
Avg 3 year Forecast
$5.1B+34.73%
MLCO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MLCO revenue growth forecast

How is MLCO forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
13.2%
Industry
7.14%
Market
9.42%
MLCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MLCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MLCO vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
MLCO$6.95$10.75+54.68%Buy
VAC$97.74$109.71+12.25%Buy
PENN$16.28$27.43+68.48%Buy
MSC$8.50N/AN/A
HGV$43.70$58.50+33.87%Strong Buy

Melco Resorts & Entertainment Stock Forecast FAQ

Is Melco Resorts & Entertainment Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: MLCO) stock is to Buy MLCO stock.

Out of 4 analysts, 1 (25%) are recommending MLCO as a Strong Buy, 1 (25%) are recommending MLCO as a Buy, 2 (50%) are recommending MLCO as a Hold, 0 (0%) are recommending MLCO as a Sell, and 0 (0%) are recommending MLCO as a Strong Sell.

If you're new to stock investing, here's how to buy Melco Resorts & Entertainment stock.

What is MLCO's revenue growth forecast for 2024-2026?

(NASDAQ: MLCO) Melco Resorts & Entertainment's forecast annual revenue growth rate of 13.2% is forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 7.14%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Melco Resorts & Entertainment's revenue in 2024 is $3,775,247,000.On average, 2 Wall Street analysts forecast MLCO's revenue for 2024 to be $6,096,656,973,260, with the lowest MLCO revenue forecast at $6,008,314,425,728, and the highest MLCO revenue forecast at $6,185,000,850,471. On average, 2 Wall Street analysts forecast MLCO's revenue for 2025 to be $6,434,741,172,835, with the lowest MLCO revenue forecast at $6,340,082,649,735, and the highest MLCO revenue forecast at $6,529,401,025,615.

In 2026, MLCO is forecast to generate $6,763,387,310,393 in revenue, with the lowest revenue forecast at $6,763,387,310,393 and the highest revenue forecast at $6,763,387,310,393.

What is MLCO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: MLCO) forecast ROA is N/A, which is lower than the forecast US Resorts & Casinos industry average of N/A.

What is MLCO's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MLCO price target, the average MLCO price target is $10.75, with the highest MLCO stock price forecast at $15.00 and the lowest MLCO stock price forecast at $8.40.

On average, Wall Street analysts predict that Melco Resorts & Entertainment's share price could reach $10.75 by Apr 15, 2025. The average Melco Resorts & Entertainment stock price prediction forecasts a potential upside of 54.68% from the current MLCO share price of $6.95.

What is MLCO's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: MLCO) forecast ROE is N/A, which is considered weak.
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