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Melco Resorts & Entertainment Ltd
NASDAQ:MLCO

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Melco Resorts & Entertainment Ltd Logo
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Watchlist
Price: 6.54 USD -0.61% Market Closed
Updated: May 1, 2024

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 11.95 USD with a low forecast of 8.28 USD and a high forecast of 18.9 USD.

Lowest
Price Target
8.28 USD
27% Upside
Average
Price Target
11.95 USD
83% Upside
Highest
Price Target
18.9 USD
189% Upside

MLCO Last Price Targets
Melco Resorts & Entertainment Ltd

The latest public price target was made on Apr 15, 2024 by Vitaly Umansky from Seaport Global , who expects MLCO stock to rise by 53% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Vitaly Umansky
Seaport Global
10 USD
Upside 53%
2 weeks ago
Apr 15, 2024
Seaport Global Securities Starts Melco Resorts & Entertainment Limited (MLCO) at Buy, New Top Pick
StreetInsider
Vitaly Umansky
Seaport Global
Price Target 10 USD
Upside/Downside 53%
View Source
Melco Resorts & Entertainment Ltd Competitors:
Price Targets
OPAP
Greek Organisation of Football Prognostics SA
16% Upside
J9T
Codere Online Luxembourg SA
53% Upside
DKNG
DraftKings Inc
22% Upside
BOTB
Best Of The Best PLC
87% Upside
BLOOM
Bloomberry Resorts Corp
28% Upside
FDJ
La Francaise des Jeux SA
13% Upside
TLC
Lottery Corporation Ltd
14% Upside
035250
Kangwon Land Inc
30% 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 3 years is 13%.

-1%
Past Growth
13%
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 3 years is 39%.

15%
Past Growth
39%
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
-65%
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
11.95 USD

According to Wall Street analysts, the average 1-year price target for MLCO is 11.95 USD with a low forecast of 8.28 USD and a high forecast of 18.9 USD.

What is Melco Resorts & Entertainment Ltd's Revenue forecast?
Projected CAGR
13%

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 3 years is 13%.

What is Melco Resorts & Entertainment Ltd's Operating Income forecast?
Projected CAGR
39%

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 3 years is 39%.