Melco Resorts & Entertainment (MLCO) Stock Forecast & Price Target $6.09 +0.03 (+0.50%) (As of 10:08 AM ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Melco Resorts & Entertainment - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating Moderate BuyBased on 5 Analyst RatingsSell0Hold1Buy4 Based on 5 Wall Street analysts who have issued ratings for Melco Resorts & Entertainment in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for MLCO. Consensus Price Target $9.8261.25% Upside According to the 5 analysts' twelve-month price targets for Melco Resorts & Entertainment, the average price target is $9.82. The highest price target for MLCO is $14.00, while the lowest price target for MLCO is $7.00. The average price target represents a forecasted upside of 61.25% from the current price of $6.09. Get the Latest News and Ratings for MLCO and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Melco Resorts & Entertainment and its competitors. Enter your email to sign up for newsletter Sign Up MLCO Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy4 Buy rating(s)4 Buy rating(s)4 Buy rating(s)3 Buy rating(s)Hold1 Hold rating(s)1 Hold rating(s)1 Hold rating(s)1 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$9.82$9.82$9.82$14.83Forecasted Upside61.25% Upside47.45% Upside78.22% Upside103.20% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy [625,000% Gain] – Are You Ready for the Next Altcoin Boom? (Ad)All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.Register for the FREE Workshop Now & get $10 in Bitcoin MLCO Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History MLCO Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Melco Resorts & Entertainment Stock vs. The CompetitionTypeMelco Resorts & EntertainmentConsumer Discretionary CompaniesS&P 500Consensus Rating Score 2.80 2.56 2.50Consensus RatingModerate BuyModerate BuyModerate BuyPredicted Upside62.31% Upside1,221.49% Upside8.51% UpsideNews Sentiment RatingPositive NewsSee Recent MLCO NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails8/12/2024Bank of America4 of 5 stars Lower TargetBuy ➝ Buy$8.50 ➝ $7.50+34.65%7/18/2024JPMorgan Chase & Co.3 of 5 stars DowngradeOverweight ➝ Neutral$10.00 ➝ $7.00+7.86%5/6/2024Morgan Stanley3 of 5 stars UpgradeEqual Weight ➝ Overweight$8.30 ➝ $9.60+32.60%5/1/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$13.75 ➝ $14.00+108.02%4/29/2024SusquehannaSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetPositive ➝ Positive$15.00 ➝ $11.00+66.92%7/18/2023MacquarieSubscribe to MarketBeat All Access for the recommendation accuracy rating Initiated CoverageOutperform$16.30+21.73%6/28/2023VNET GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingDowngrade6/20/2023Credit Suisse GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeNeutral ➝ Outperform$14.00 ➝ $18.20+45.37%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:28 AM ET. MLCO Forecast - Frequently Asked Questions What is Melco Resorts & Entertainment's forecast for 2025? According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Melco Resorts & Entertainment is $9.82, with a high forecast of $14.00 and a low forecast of $7.00. Should I buy or sell Melco Resorts & Entertainment stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Melco Resorts & Entertainment in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MLCO shares. Does Melco Resorts & Entertainment's stock price have much upside? According to analysts, Melco Resorts & Entertainment's stock has a predicted upside of 61.25% based on their 12-month stock forecasts. Do Wall Street analysts like Melco Resorts & Entertainment more than its competitors? Analysts like Melco Resorts & Entertainment more than other "consumer discretionary" companies. The consensus rating score for Melco Resorts & Entertainment is 2.80 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how MLCO compares to other companies. 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When someone with his track record starts pulling out of the market, it's time to pay attention.Get your FREE, no-obligation Wealth Protection Guide now This page (NASDAQ:MLCO) was last updated on 11/22/2024 by MarketBeat.com Staff From Our PartnersBuffett Dumps $982 Million in BofA Stock—What Does He Know?Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track reco...Genesis Gold Group | Sponsored[Urgent] Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it a...Paradigm Press | Sponsored[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you k...Crypto Swap Profits | SponsoredBREAKING: NVDA loses $175 billion in 8 minutesIt's a wild week for the legendary chipmaker. 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