MGG.DE MGM Resorts Intl (XETRA) up 6.60% 26 Feb 2026: eye €38.59 resistance
MGG.DE stock jumped 6.60% intraday to €35.05 on XETRA on 26 Feb 2026, making MGM Resorts International one of Germany’s top gainers. Volume surged to 3,315,704 shares versus an average of 415, driven by a mix of technical buying and sector rotation into entertainment names. We track the move, valuation, and what this means for short-term targets and the 12‑month outlook.
MGG.DE stock intraday movers and catalysts
Intraday strength for MGM Resorts International (MGG.DE) came with a €2.17 gain from yesterday’s close of €32.88 to the current €35.05, and a day high of €35.42. The jump coincided with higher-than-usual volume of 3,315,704 shares on XETRA in Germany and outperformance versus the Communication Services sector. Traders cited positive sentiment around resort reopening news and comparative listings data Investing.com comparator report.
Valuation and fundamentals for MGM Resorts International
MGG.DE trades at €35.05 with reported EPS €2.72 and a trailing PE of approximately 13.78. Market capitalization is about €11.39 billion with 303,770,000 shares outstanding. Key ratios show operating cash flow per share €8.63 and free cash flow per share €4.32, while debt metrics remain elevated: interest coverage near 3.99 and debt to equity shown high in company data. These figures help explain both interest from value-seeking investors and caution from credit-focused analysts.
Technical picture and short-term MGG.DE stock targets
Technically, momentum picked up intraday while the 50‑day average sits at €33.27 and the 200‑day average at €35.71. Bollinger upper band is €38.59, which we set as the immediate resistance and short-term price target. Reaching €38.59 implies a near-term upside of 10.09% from €35.05. Support is visible at the day low €34.25 and the year low of €30.39.
Meyka AI rates and MGG.DE stock forecast
Meyka AI rates MGG.DE with a score out of 100: 71.04 (B+) — BUY. This grade factors in S&P 500 comparison, sector and industry peers, financial growth, key metrics, forecasts, and analyst signals. Meyka AI’s forecast model projects a monthly price €31.30, quarterly €32.34, and yearly €32.94. Versus today’s price €35.05, the yearly projection implies a -6.03% downside, while the monthly view implies -10.75%. Forecasts are model-based projections and not guarantees. For additional market context see a comparative listing summary Investing.com competitor data and our Meyka page for MGG.DE: Meyka MGG.DE page.
Risks, sector context and catalysts
MGG.DE sits in Communication Services, Entertainment industry exposure, where sector YTD is modestly positive. Main risks include high leverage metrics, Macau exposure, and lower operating income growth last year. Company-level ratings differ: a recent external company rating showed C+ (Sell) on 23 Feb 2026, reflecting DCF and debt concerns. Near-term catalysts are trading momentum, Macau updates, and upcoming regional leisure demand data.
Analyst view, price targets and trading strategy
Given the intraday spike, a short-term tactical trade would use a €38.59 target and a stop near €34.25. For a 12‑month view, align with Meyka AI’s yearly forecast €32.94 and set a conservative price target €33.00 (implied downside -5.93%). Frame positions with size limits due to elevated debt ratios and volatile tourism exposure. These targets reflect a mix of technical resistance and model projection.
Final Thoughts
MGG.DE stock’s intraday gain to €35.05 on 26 Feb 2026 highlights active buying and sector rotation into entertainment names. Short‑term momentum points to resistance at the Bollinger upper band €38.59 (+10.09% upside), offering a tactical target for momentum traders. Longer-term, Meyka AI’s forecast model projects a yearly price of €32.94, implying -6.03% from today’s level, so position sizing and risk limits matter. Meyka AI’s proprietary grade (71.04, B+ — BUY) balances positive cash flow metrics and operational scale against high leverage and mixed profitability trends. Traders should monitor Macau developments, credit metrics, and upcoming regional travel data. Forecasts are model-based projections and not guarantees; we use them alongside technical levels and sector signals to shape trading and risk management.
FAQs
Why did MGG.DE stock spike intraday today?
MGG.DE stock rose intraday mainly on heavier volume, technical buying, and positive sector rotation into entertainment names. Volume hit 3,315,704 shares and price moved to €35.05, with traders citing comparative listing data and short-term catalysts in Macau and regional travel demand.
What are the key price targets for MGG.DE stock?
Short-term technical resistance sits at the Bollinger upper band €38.59 (about +10.09% upside). Meyka AI’s 12‑month model forecasts €32.94 (about -6.03% downside). Use stops near €34.25 for intraday risk control.
How does Meyka AI rate MGG.DE and why does it matter?
Meyka AI rates MGG.DE 71.04 (B+) — BUY. The grade combines benchmark, sector, financial growth, key metrics and forecasts. It offers a data-driven view but is not investment advice and should be paired with your own research and risk tolerance.
What are the main risks investors should watch for MGG.DE stock?
Main risks include high leverage and debt metrics, sensitivity to Macau operations and tourism demand, and mixed operating income growth. Analysts flagged a C+ external rating on 23 Feb 2026 reflecting DCF and debt concerns, so monitor credit indicators and regional travel updates.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.