Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Melco Resorts & Entertainment ( (MLCO) ) has issued an update.
On May 15, 2025, Melco Resorts & Entertainment announced the passing of Mr. John William Crawford, an independent non-executive director since January 2017. Mr. Crawford was the chairman of the company’s audit and risk committee and a member of other key committees. His contributions were highly valued by the company, which expressed deep condolences to his family.
The most recent analyst rating on (MLCO) stock is a Buy with a $6.70 price target. To see the full list of analyst forecasts on Melco Resorts & Entertainment stock, see the MLCO Stock Forecast page.
Spark’s Take on MLCO Stock
According to Spark, TipRanks’ AI Analyst, MLCO is a Neutral.
Melco Resorts & Entertainment shows signs of operational recovery, particularly in Macau, but faces significant financial challenges with high leverage and negative equity. Positive technical indicators and earnings call sentiment boost the outlook, but valuation concerns limit the score.
To see Spark’s full report on MLCO stock, click here.
More about Melco Resorts & Entertainment
Melco Resorts & Entertainment Limited is a developer, owner, and operator of integrated resort facilities in Asia and Europe. The company operates several renowned resorts including City of Dreams and Altira Macau in Macau, City of Dreams Manila in the Philippines, and City of Dreams Mediterranean in Cyprus. Melco is majority-owned by Melco International Development Limited, led by Lawrence Ho.
Average Trading Volume: 4,606,906
Technical Sentiment Signal: Sell
Current Market Cap: $2.58B
See more insights into MLCO stock on TipRanks’ Stock Analysis page.