MGG.DE MGM Resorts (XETRA) up 13.99% pre-market Jan 16 2026: watcher eyes EUR 44.54 year high
MGG.DE stock jumped 13.99% in pre-market trading on 16 Jan 2026, rising to €37.48 on XETRA in Germany. The move follows a low-volume surge (volume 248, average 415) and lifts the stock well above its 50-day average of €33.27. Investors are re-testing resistance at the €44.54 year high while the company’s fundamentals and high leverage remain central to the debate. Below we run through valuation, technical context, Meyka grade and a model forecast for MGG.DE stock.
MGG.DE stock: Pre-market price action and key stats
MGG.DE stock is trading on XETRA at €37.48, up €4.60 from yesterday’s close of €32.88 and up 13.99% pre-market. The intraday range is €35.98–€38.11 and volume is 248 shares versus an average of 415. Market capitalization is about €11.39B and shares outstanding are 303,770,000. The sharp move on light volume signals momentum interest but not broad conviction yet.
MGG.DE stock: Fundamentals and valuation
MGM Resorts International (MGG.DE) reports EPS €2.72 and a current market PE near 13.78 per the XETRA quote. Price-to-sales is 0.70 and price-to-book is 4.06, versus the Communication Services sector average PE of 19.51, indicating a valuation discount on earnings. Key balance-sheet metrics show high leverage with debt-to-equity of 10.62 and interest coverage of 3.99, which increases sensitivity to operating swings. Revenue growth is positive at 6.66% (FY 2024) while net income fell 34.64%, highlighting margin pressure.
MGG.DE stock: Technicals and trading context
Technically, MGG.DE stock trades above its 50-day average (€33.27) and slightly above its 200-day average (€35.71), suggesting short-term bullish momentum. Year high sits at €44.54 and year low at €30.39, placing current price closer to the upper band. Relative volume is 0.60, so follow-through requires higher participation. Support near the day low €35.98 and the 200-day average are key intraday levels to watch.
MGG.DE stock: Meyka AI grade and model forecast
Meyka AI rates MGG.DE with a score out of 100: 68.10 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of €28.91, which implies an upside/downside of -22.87% versus the current price of €37.48. Forecasts are model-based projections and not guarantees.
MGG.DE stock: Risks, catalysts and sector context
Primary risks include high leverage (debt-to-equity 10.62) and exposure to gaming markets such as Macau. Catalysts that could sustain gains are stronger-than-expected regional tourism, margin recovery, and positive earnings surprises. Communication Services sector performance is muted (YTD -0.34%), so MGG.DE stock gains may need company-specific triggers to outpace peers. Watch upcoming results and any Macau or U.S. regulatory updates.
MGG.DE stock: Price targets, strategies and trading notes
For tactical trading we offer a tiered set of targets: conservative €30.00, base €36.00, and bull €44.00. A stop below the 200-day average at €35.71 can limit downside for short-term positions. For longer-term investors, weigh the B/HOLD Meyka grade and model downside to €28.91 before adding exposure. Consider small position sizing and monitor volume expansion to confirm trend strength. See the company site and recent market coverage for details MGM Resorts website and broader news coverage at WSJ.
Final Thoughts
MGG.DE stock is a clear pre-market top gainer on 16 Jan 2026, trading at €37.48 after a 13.99% rise. The move lifts the stock above short-term moving averages and tests resistance near the €44.54 year high. Fundamental strengths include positive revenue growth (6.66%) and solid operating cash flow, but high leverage (debt-to-equity 10.62) and compressed net income (down 34.64% FY 2024) raise caution. Meyka AI’s model projects €28.91 for the year, implying -22.87% from today’s price; this is a model-based projection and not a guarantee. Traders should watch volume for confirmation and treat the Meyka grade (68.10, B, HOLD) as a risk-aware signal rather than a buy mandate. If you hold MGG.DE stock, consider trimming into strength or using stops near the 200-day average €35.71; if you seek a new entry, prefer phased buying with clear downside limits. For ongoing updates use Meyka AI’s real-time tools and the company’s filings for material news.
FAQs
What moved MGG.DE stock higher pre-market today?
MGG.DE stock jumped 13.99% to €37.48 pre-market on Jan 16 2026 on light volume (248). Momentum buying and a retest of the 50-day average likely triggered the move, while no single headline explained it. Monitor volume and company updates for confirmation.
What is Meyka AI’s forecast for MGG.DE stock?
Meyka AI’s forecast model projects a yearly price of €28.91 for MGG.DE stock. Versus the current €37.48, that implies -22.87%. Forecasts are model-based projections and not guarantees.
How is MGG.DE stock valued versus its sector?
MGG.DE stock shows a PE near 13.78 and P/S 0.70, below the Communication Services sector PE 19.51, suggesting an earnings discount. High leverage and interest coverage around 3.99 offset some valuation appeal.
What are the key risks for MGG.DE stock investors?
Key risks for MGG.DE stock include high leverage (debt-to-equity 10.62), earnings volatility from Macau and U.S. operations, and low liquidity on XETRA. Follow earnings, regional tourism trends and regulatory news closely.
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.
