Investment Analysts’ Recent Ratings Updates for Melco Resorts & Entertainment (MLCO)

Several brokerages have updated their recommendations and price targets on shares of Melco Resorts & Entertainment (NASDAQ: MLCO) in the last few weeks:

• 11/5/2026 – Melco Resorts & Entertainment was downgraded by Susquehanna from “positive” to “neutral”. They now have a $4.00 price target on the stock, down from $5.00.
• 10/18/2026 – Melco Resorts & Entertainment was downgraded by CICC Research from “outperform” to “market perform”.
• 10/16/2026 – Melco Resorts & Entertainment was given a new $5.50 price target by Capital One Financial.
• 10/16/2026 – Melco Resorts & Entertainment was given a new $5.50 price target by Piper Sandler.
• 10/16/2026 – Melco Resorts & Entertainment was downgraded by Texas Capital from “strong-buy” to “hold”.
• 10/12/2026 – Melco Resorts & Entertainment is now covered by Citigroup. They set a “buy” rating and a $9.40 price target on the stock.

Melco Resorts & Entertainment Stock Down 3.7%

Shares of NASDAQ MLCO traded down $0.18 during midday trading on Thursday, hitting $4.53. 1,058,120 shares of the company’s stock were exchanged, compared to its average volume of 2,157,303. The company’s 50 day moving average price is $4.50 and its 200 day moving average price is $5.37. Melco Resorts & Entertainment Limited has a 12 month low of $3.67 and a 12 month high of $9.53. The firm has a market capitalization of $1.72 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 3.24 and a beta of 0.49.

Melco Resorts & Entertainment (NASDAQ:MLCO) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.05. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Melco Resorts & Entertainment had a net margin of 4.50% and a negative return on equity of 23.81%. The company’s quarterly revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share. On average, equities research analysts anticipate that Melco Resorts & Entertainment Limited will post 0.41 EPS for the current year.

Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated resort facilities focused on gaming, hospitality, entertainment, dining, retail and convention services. The company’s properties combine casinos with luxury hotels, restaurants, shopping areas, theaters and other leisure attractions.

Melco operates several major resorts in Macau, including City of Dreams, Altira Macau and Studio City. Its Macau operations also include the Mocha Clubs electronic gaming-machine business.