MGG.DE MGM Resorts XETRA up 10.89% pre-market 23 Feb 2026: catalysts ahead
MGG.DE stock is trading higher in pre-market on XETRA at €36.46, up 10.89% from yesterday’s close, with volume near 4,419,436. The move follows heavy intraday buying ahead of new trading catalysts and follows a year-to-date gain of 14.09%. Investors on Germany’s market are parsing valuation and earnings momentum for MGM Resorts International (MGG.DE) as sector sentiment in Communication Services shows modest strength. We summarise the price action, core financials, technical signals and what the Meyka AI models currently project for the near term.
MGG.DE stock price action and immediate catalysts
The main fact: MGG.DE opened pre-market on XETRA at €36.80 and trades around €36.46, with a day range of €35.75–€37.05. One-day change is +€3.58 or +10.89%, volume is 4,419,436, well above the 50-day average of 415. This spike reflects investor response to operational updates and broader leisure demand.
Market catalysts include recovery in US domestic resorts, Macau reopening optimism, and stronger-than-expected booking trends. For background reporting see The Wall Street Journal on tariff and macro developments source. Follow competitor comparisons on Investing.com for regional context source.
MGG.DE stock fundamentals and valuation
MGM Resorts International (MGG.DE) shows EPS €2.72 and a trailing PE of 13.78 on the XETRA listing. Market capitalisation is about €11,385,299,600 and shares outstanding are 303,770,000. Key balance-sheet metrics include current ratio 1.22 and interest coverage 3.99, signalling manageable short-term liquidity but material leverage.
Price-to-sales stands near 0.70 and price-to-book is roughly 4.06. Recent growth data show FY revenue growth of 6.66% and net income contraction of 34.64% year-on-year, underlining mixed operational momentum. These metrics explain why valuation debates persist among investors.
Meyka AI rates MGG.DE with a score out of 100
Meyka AI rates MGG.DE with a score of 70.90 out of 100, grade B+, suggestion BUY. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, forecasts and analyst signals. The grade balances MGM’s cash-flow generation against leverage and recent earnings softness.
These grades are not guaranteed and we are not financial advisors. Meyka AI provides this as one data point within a broader research process.
Technicals, trading signals and MGG.DE stock momentum
Short-term technicals show RSI 57.43, MACD histogram 0.03, and ADX 29.90, implying a firm uptrend. Bollinger band middle is €35.10 with upper band €38.40, indicating current price is near the upper range. ATR is €1.61, underscoring moderate intraday volatility.
On XETRA, relative volume and on-balance volume support the rally. Traders should watch support at the 50-day average €33.27 and resistance toward the year high €44.54.
Analyst view, price targets and strategy for MGG.DE stock
No consolidated price-target consensus is available on the XETRA listing, so we frame plausible targets by multiples and cash flow. A conservative scenario points to €31.00, a base case aligns with current levels near €36.00, and a bullish case targets €42.00 assuming Macau and domestic margins improve. Price-to-free-cash-flow and EV/EBITDA metrics imply caution until leverage falls.
For investors, a strategy is to size positions around earnings or operational updates and to use stop-losses near the 50-day average. See detailed company profile and live quotes at Meyka: MGG.DE.
Risks and opportunities for MGG.DE stock
Primary risks: high net-debt-to-EBITDA, sensitivity to travel cycles, and regional regulatory exposure in Macau. Debt-to-equity and net-debt measures remain elevated and compress upside if margins weaken. Secondary risks include macro travel slowdowns and event cancellations.
Opportunities: leisure demand recovery, cost control, non-gaming revenue growth and potential asset monetisations. If these drivers accelerate, free cash flow yield (current ~10.37%) could attract value-oriented flows.
Final Thoughts
MGG.DE stock is showing a sharp pre-market move on XETRA at €36.46, up 10.89%, driven by bookings momentum and sector sentiment. Our technical read shows momentum but rising price places the stock near short-term resistance around €38.40 (Bollinger upper). Meyka AI’s forecast model projects a yearly target of €33.44, implying -8.29% versus the current price, while monthly and quarterly projections sit at €33.53 (-8.08%) and €34.60 (-5.10%) respectively. These model-based projections suggest near-term downside risk if catalysts fade. Meyka AI’s grade (score 70.90/100, B+, suggestion BUY) balances cash-flow strength against leverage concerns and weak recent earnings growth. For investors, weigh the EPS €2.72 and trailing PE 13.78 against leverage metrics and regional exposure. Short-term traders can use the 50-day average €33.27 as support and consider price-targets in a range: conservative €31.00, base €36.00, bullish €42.00. Forecasts are model-based projections and not guarantees; monitor earnings updates, Macau trends and booking data for the next directional signals. Meyka AI provides this analysis as an AI-powered market analysis platform to help frame decisions, not as personalised advice.
FAQs
What drove the pre-market gain in MGG.DE stock today?
The pre-market gain to €36.46 (+10.89%) reflects stronger bookings, positive sector momentum and intraday buying ahead of catalysts. Higher volume (4,419,436) suggests institutional interest and reaction to operational updates and regional recovery hopes.
What is Meyka AI’s forecast for MGG.DE stock this year?
Meyka AI’s forecast model projects a yearly target of €33.44, implying -8.29% versus the current €36.46. These are model-based projections and not guarantees. Monitor catalysts and earnings for changes.
How does MGG.DE valuation look on core metrics?
MGG.DE shows EPS €2.72 and a trailing PE of 13.78, price-to-sales 0.70, and price-to-book 4.06. Free cash flow yield is about 10.37%, but leverage metrics remain significant, warranting caution.
What is the Meyka AI grade for MGG.DE stock?
Meyka AI rates MGG.DE 70.90/100, grade B+, suggestion BUY. The grade factors benchmark, sector, growth, key metrics and analyst signals. Grades are informational and not financial advice.
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.