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Madison Square Garden Entertainment (MSGE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MSGE Stock Forecast

Madison Square Garden Entertainment (MSGE) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $48.00, with a high of $48.00 and a low of $48.00. This represents a 33.82% increase from the last price of $35.87.

$30 $34 $38 $42 $46 $50 High: $48 Avg: $48 Low: $48 Last Closed Price: $35.87

MSGE Stock Rating

Madison Square Garden Entertainment stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (83.33%), 1 Hold (16.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 1 5 0 Strong Sell Sell Hold Buy Strong Buy

MSGE Price Target Upside V Benchmarks

TypeNameUpside
StockMadison Square Garden Entertainment33.82%
SectorCommunication Services Stocks 0.73%
IndustryEntertainment Stocks -0.72%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$45.00
Last Closing Price$35.87$35.87$35.87
Upside/Downside--25.45%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25143--8
Jan, 25143--8
Dec, 24143--8
Nov, 24243--9
Oct, 24243--9
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 19, 2024Peter HendersonBank of America Securities$48.00$40.5018.52%33.82%
Jul 24, 2024Stephen LaszczykGoldman Sachs$45.00$38.6816.34%25.45%
May 14, 2024Curry BakerGuggenheim$42.00$36.5314.97%17.09%
Aug 22, 2023Peter HendersonNew Street$41.00$32.3526.74%14.30%
May 11, 2022David KatzJefferies$100.00$61.4962.63%178.78%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 16, 2024Goldman SachsBuyBuyhold
Aug 16, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Jul 24, 2024Goldman SachsBuyupgrade
May 14, 2024GuggenheimBuyBuyhold
May 14, 2024Bank of America SecuritiesBuyBuyhold
May 13, 2024MacquarieOutperformOutperformhold
Aug 22, 2023Bank of America SecuritiesBuyinitialise
May 11, 2022JefferiesBuyBuyhold

Financial Forecast

EPS Forecast

$-20 $-15 $-10 $-5 $0 $5 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$-4.25$-3.97$1.48------
Avg Forecast$-13.62$-5.14$1.00$1.08$1.77$1.83$2.13$2.63$2.98
High Forecast$-16.34$-6.80$0.99$0.81$1.49$1.64$1.89$2.62$2.96
Low Forecast$-10.90$-3.48$1.02$1.27$2.15$2.07$2.70$2.67$3.02
Surprise %-68.80%-22.76%48.00%------

Revenue Forecast

$0 $300M $600M $900M $1B $2B Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$81.81M$653.49M$851.50M------
Avg Forecast$209.95M$1.21B$933.74M$945.61M$960.68M$1.01B$1.06B$1.08B$1.12B
High Forecast$167.96M$964.24M$928.64M$942.01M$958.51M$1.01B$1.06B$1.07B$1.11B
Low Forecast$251.94M$1.45B$944.32M$952.05M$964.81M$1.02B$1.06B$1.09B$1.13B
Surprise %-61.03%-45.78%-8.81%------

Net Income Forecast

$-300M $-190M $-80M $30M $140M $250M Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$-219.31M$-202.83M$76.60M------
Avg Forecast$-196.97M$-184.40M$48.68M$175.65M$92.18M$88.76M$94.97M$128.00M$144.63M
High Forecast$-278.49M$-225.13M$48.34M$138.26M$72.22M$79.54M$91.71M$127.09M$143.60M
Low Forecast$-115.46M$-143.66M$49.40M$213.04M$104.26M$100.34M$131.16M$129.89M$146.75M
Surprise %11.34%10.00%57.34%------

MSGE Forecast FAQ

Is Madison Square Garden Entertainment stock a buy?

Madison Square Garden Entertainment stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Madison Square Garden Entertainment is a favorable investment for most analysts.

What is Madison Square Garden Entertainment's price target?

Madison Square Garden Entertainment's price target, set by 6 Wall Street analysts, averages $48 over the next 12 months. The price target range spans from $48 at the low end to $48 at the high end, suggesting a potential 33.82% change from the previous closing price of $35.87.

How does Madison Square Garden Entertainment stock forecast compare to its benchmarks?

Madison Square Garden Entertainment's stock forecast shows a 33.82% upside, outperforming the average forecast for the communication services stocks sector (0.73%) and outperforming the entertainment stocks industry (-0.72%).

What is the breakdown of analyst ratings for Madison Square Garden Entertainment over the past three months?

  • February 2025: 12.50% Strong Buy, 50.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 12.50% Strong Buy, 50.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 50.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is Madison Square Garden Entertainment’s EPS forecast?

Madison Square Garden Entertainment's average annual EPS forecast for its fiscal year ending in June is $1.08 for 2024, a -27.03% decrease from the reported $1.48 in 2023. The prediction for 2025 is $1.77, $1.83 for 2026, $2.13 for 2027, $2.63 for 2028, and $2.98 for 2029.

What is Madison Square Garden Entertainment’s revenue forecast?

Madison Square Garden Entertainment's average annual revenue forecast for its fiscal year ending in June is $945.61M for 2024, a 11.05% increase from the reported $851.5M in 2023. The forecast for 2025 is $960.68M, $1.01B for 2026, $1.06B for 2027, $1.08B for 2028, and $1.12B for 2029.

What is Madison Square Garden Entertainment’s net income forecast?

For its fiscal year ending in June, Madison Square Garden Entertainment's average annual net income forecast is $175.65M for 2024, reflecting an 129.32% increase from the reported $76.6M in 2023. The projection for 2025 is $92.18M, $88.76M for 2026, $94.97M for 2027, $128M for 2028, and $144.63M for 2029.