Madison Square Garden Sports (MSGS) Stock Forecast, Price Target & Predictions
MSGS Stock Forecast
Madison Square Garden Sports stock forecast is as follows: an average price target of $230.00 (represents a 13.68% upside from MSGS’s last price of $202.33) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
MSGS Price Target
The average price target for Madison Square Garden Sports (MSGS) is $230.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $230.00 to $230.00. This represents a potential 13.68% upside from MSGS's last price of $202.33.
MSGS Analyst Ratings
According to 2 Wall Street analysts, Madison Square Garden Sports's rating consensus is 'Buy'. The analyst rating breakdown for MSGS stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Madison Square Garden Sports Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 13, 2022 | Paul Golding | Macquarie | $230.00 | $150.36 | 52.97% | 13.68% |
The latest Madison Square Garden Sports stock forecast, released on Jul 13, 2022 by Paul Golding from Macquarie, set a price target of $230.00, which represents a 52.97% increase from the stock price at the time of the forecast ($150.36), and a 13.68% increase from MSGS last price ($202.33).
Madison Square Garden Sports Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $202.33 | $202.33 | $202.33 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Madison Square Garden Sports stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Madison Square Garden Sports's last price of $202.33. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 15, 2022 | Morgan Stanley | - | Equal-Weight | Upgrade |
| Jul 05, 2022 | Macquarie | Outperform | Outperform | Hold |
Madison Square Garden Sports's last stock rating was published by Morgan Stanley on Dec 15, 2022. The company Upgrade its MSGS rating from "null" to "Equal-Weight".
Madison Square Garden Sports Financial Forecast
Madison Square Garden Sports Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $326.90M | $43.05M | $126.92M | $382.74M | $353.69M | $24.09M | - | $337.77M | $289.58M | $18.79M | $146.90M | $183.01M | $28.77M | $57.04M | $57.04M | $423.96M |
| Avg Forecast | $142.84M | $482.55M | $392.23M | $46.88M | $149.11M | $483.32M | $377.09M | $45.14M | $133.91M | $440.15M | $344.89M | $43.73M | $167.71M | $420.76M | $325.86M | $24.85M | $123.81M | $369.53M | $324.54M | $19.98M | $93.49M | $332.95M | $294.00M | $35.13M | $120.20M | $151.49M | $25.52M | $57.35M | $12.39M | $405.39M |
| High Forecast | $147.19M | $497.25M | $404.17M | $48.31M | $153.65M | $498.04M | $388.58M | $46.52M | $137.99M | $453.55M | $355.39M | $44.03M | $172.82M | $433.58M | $328.76M | $26.00M | $127.58M | $380.79M | $334.42M | $20.59M | $93.49M | $355.10M | $313.56M | $37.46M | $128.20M | $161.57M | $27.22M | $61.16M | $13.21M | $432.37M |
| Low Forecast | $138.62M | $468.30M | $380.64M | $45.50M | $144.71M | $469.04M | $365.95M | $43.81M | $129.95M | $427.15M | $334.70M | $43.57M | $162.75M | $408.33M | $321.37M | $24.00M | $120.15M | $358.62M | $314.95M | $19.39M | $93.49M | $310.62M | $274.28M | $32.77M | $112.14M | $141.33M | $23.81M | $53.50M | $11.56M | $378.21M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.73% | 1.03% | 1.04% | 1.09% | 1.21% | - | 1.01% | 0.98% | 0.54% | 1.22% | 1.21% | 1.13% | 0.99% | 4.60% | 1.05% |
Madison Square Garden Sports's average Quarter revenue forecast for Mar 24 based on 1 analysts is $420.76M, with a low forecast of $408.33M, and a high forecast of $433.58M. MSGS's average Quarter revenue forecast represents a 28.71% increase compared to the company's last Quarter revenue of $326.90M (Dec 23).
Madison Square Garden Sports EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.22M | $-39.65M | $-70.63M | $102.62M | $53.31M | $-34.68M | - | $62.59M | $37.76M | $-33.05M | $-19.65M | $10.03M | $-36.36M | $-25.27M | $-43.11M | $-97.39M |
| Avg Forecast | $2.42M | $8.18M | $6.65M | $794.67K | $2.53M | $8.19M | $6.39M | $765.19K | $2.27M | $7.46M | $5.85M | $741.24K | $2.84M | $75.72M | $5.52M | $421.26K | $2.10M | $80.98M | $5.50M | $-45.23M | $448.74K | $86.61M | $52.79M | $-41.12M | $-92.34M | $19.16M | $-32.80M | $-21.49M | $-18.45M | $-791.32M |
| High Forecast | $2.49M | $8.43M | $6.85M | $818.88K | $2.60M | $8.44M | $6.59M | $788.49K | $2.34M | $7.69M | $6.02M | $746.28K | $2.93M | $90.86M | $5.57M | $440.75K | $2.16M | $97.18M | $5.67M | $-36.19M | $448.74K | $103.94M | $63.35M | $-32.90M | $-73.87M | $23.00M | $-26.24M | $-17.20M | $-14.76M | $-633.06M |
| Low Forecast | $2.35M | $7.94M | $6.45M | $771.20K | $2.45M | $7.95M | $6.20M | $742.58K | $2.20M | $7.24M | $5.67M | $738.55K | $2.76M | $60.58M | $5.45M | $406.85K | $2.04M | $64.79M | $5.34M | $-54.28M | $448.74K | $69.29M | $42.24M | $-49.35M | $-110.80M | $15.33M | $-39.36M | $-25.79M | $-22.14M | $-949.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.01% | -94.12% | -33.65% | 1.27% | 9.69% | 0.77% | - | 0.72% | 0.72% | 0.80% | 0.21% | 0.52% | 1.11% | 1.18% | 2.34% | 0.12% |
1 analysts predict MSGS's average Quarter EBITDA for Mar 24 to be $75.72M, with a high of $90.86M and a low of $60.58M. This is 127.95% upper than Madison Square Garden Sports's previous annual EBITDA (Dec 23) of $33.22M.
Madison Square Garden Sports Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.22M | $-18.82M | $77.87M | $52.38M | $22.49M | $-18.53M | - | $24.50M | $15.20M | $-16.41M | $49.62M | $5.47M | $-40.63M | $-28.42M | $-78.52M | $-118.03M |
| Avg Forecast | $-27.05M | $77.77M | $28.30M | $-26.00M | $-27.01M | $71.99M | $25.27M | $-24.36M | $-21.80M | $62.04M | $19.51M | $-20.89M | $2.55M | $29.37M | $11.47M | $-35.51M | $-3.33M | $31.41M | $31.69M | $-22.46M | $-10.02M | $33.60M | $22.15M | $-20.42M | $233.21M | $10.44M | $-36.64M | $-24.18M | $-33.61M | $-959.07M |
| High Forecast | $-26.01M | $80.85M | $29.42M | $-25.00M | $-25.97M | $74.84M | $26.28M | $-23.43M | $-20.96M | $64.50M | $20.28M | $-13.77M | $2.65M | $35.24M | $20.78M | $-29.63M | $-3.20M | $37.69M | $32.95M | $-17.97M | $-10.02M | $40.31M | $26.58M | $-16.33M | $279.86M | $12.53M | $-29.31M | $-19.34M | $-26.89M | $-767.26M |
| Low Forecast | $-28.12M | $74.78M | $27.22M | $-27.03M | $-28.08M | $69.23M | $24.30M | $-25.33M | $-22.66M | $59.66M | $18.76M | $-25.64M | $2.45M | $23.50M | $5.89M | $-43.97M | $-3.46M | $25.13M | $30.48M | $-26.95M | $-10.02M | $26.88M | $17.72M | $-24.50M | $186.57M | $8.36M | $-43.97M | $-29.01M | $-40.33M | $-1.15B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.53% | -23.38% | 1.67% | 0.71% | 0.83% | - | 0.73% | 0.69% | 0.80% | 0.21% | 0.52% | 1.11% | 1.18% | 2.34% | 0.12% |
Madison Square Garden Sports's average Quarter net income forecast for Mar 24 is $29.37M, with a range of $23.50M to $35.24M. MSGS's average Quarter net income forecast represents a 106.48% increase compared to the company's last Quarter net income of $14.22M (Dec 23).
Madison Square Garden Sports SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.07M | $53.56M | $57.87M | $61.10M | $75.64M | $55.28M | - | $68.90M | $59.60M | $43.73M | $67.99M | $46.80M | $48.91M | $43.00M | $-126.01M | $154.63M |
| Avg Forecast | $52.64M | $177.85M | $144.56M | $17.28M | $54.96M | $178.13M | $138.98M | $16.64M | $49.35M | $162.22M | $127.11M | $16.12M | $61.81M | $82.59M | $120.10M | $9.16M | $45.63M | $88.33M | $119.61M | $7.36M | $35.76M | $94.47M | $83.33M | $13.44M | $45.97M | $89.39M | $9.76M | $37.99M | $-83.62M | $155.05M |
| High Forecast | $54.25M | $183.26M | $148.96M | $17.80M | $56.63M | $183.56M | $143.21M | $17.14M | $50.86M | $167.16M | $130.98M | $16.23M | $63.69M | $99.11M | $121.17M | $9.58M | $47.02M | $105.99M | $123.25M | $7.59M | $35.76M | $113.36M | $100.00M | $14.33M | $49.03M | $107.27M | $10.41M | $45.59M | $-66.90M | $165.37M |
| Low Forecast | $51.09M | $172.59M | $140.29M | $16.77M | $53.33M | $172.87M | $134.87M | $16.15M | $47.89M | $157.43M | $123.36M | $16.06M | $59.98M | $66.07M | $118.44M | $8.85M | $44.28M | $70.66M | $116.08M | $7.15M | $35.76M | $75.58M | $66.66M | $12.53M | $42.89M | $71.51M | $9.11M | $30.39M | $-100.34M | $144.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.54% | 5.85% | 1.27% | 0.69% | 0.63% | 7.51% | - | 0.73% | 0.72% | 3.25% | 1.48% | 0.52% | 5.01% | 1.13% | 1.51% | 1.00% |
Madison Square Garden Sports's average Quarter SG&A projection for Mar 24 is $82.59M, based on 1 Wall Street analysts, with a range of $66.07M to $99.11M. The forecast indicates a 26.93% rise compared to MSGS last annual SG&A of $65.07M (Dec 23).
Madison Square Garden Sports EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.59 | $-0.79 | $-2.28 | $2.19 | $0.85 | $-0.76 | - | $1.01 | $0.63 | $-0.68 | $2.05 | $0.23 | $-1.68 | $-1.18 | $-3.27 | $-4.92 |
| Avg Forecast | $-1.12 | $3.22 | $1.17 | $-1.08 | $-1.12 | $2.98 | $1.05 | $-1.01 | $-0.90 | $2.57 | $0.81 | $-0.86 | $0.11 | $2.60 | $0.47 | $-1.47 | $-0.14 | $2.02 | $1.31 | $-1.15 | $-0.42 | $1.67 | $0.92 | $-1.25 | $-0.76 | $-1.67 | $-1.65 | $-0.64 | $-2.50 | $0.43 |
| High Forecast | $-1.08 | $3.35 | $1.22 | $-1.04 | $-1.08 | $3.10 | $1.09 | $-0.97 | $-0.87 | $2.67 | $0.84 | $-0.57 | $0.11 | $2.70 | $0.86 | $-1.23 | $-0.13 | $2.10 | $1.36 | $-1.11 | $-0.42 | $1.81 | $1.00 | $-1.14 | $-0.69 | $-1.52 | $-1.50 | $-0.59 | $-2.28 | $0.47 |
| Low Forecast | $-1.16 | $3.10 | $1.13 | $-1.12 | $-1.16 | $2.87 | $1.01 | $-1.05 | $-0.94 | $2.47 | $0.78 | $-1.06 | $0.10 | $2.50 | $0.24 | $-1.82 | $-0.14 | $1.94 | $1.26 | $-1.20 | $-0.42 | $1.52 | $0.84 | $-1.36 | $-0.83 | $-1.81 | $-1.79 | $-0.70 | $-2.72 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.54% | 16.54% | 1.09% | 0.65% | 0.66% | - | 0.60% | 0.68% | 0.54% | -2.70% | -0.14% | 1.02% | 1.84% | 1.31% | -11.39% |
According to 1 Wall Street analysts, Madison Square Garden Sports's projected average Quarter EPS for Mar 24 is $2.60, with a low estimate of $2.50 and a high estimate of $2.70. This represents a 340.09% increase compared to MSGS previous annual EPS of $0.59 (Dec 23).
Madison Square Garden Sports Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FWONA | Formula One Group | $69.62 | $83.00 | 19.22% | Buy |
| MSGS | Madison Square Garden Sports | $202.33 | $230.00 | 13.68% | Buy |
MSGS Forecast FAQ
Is Madison Square Garden Sports a good buy?
Yes, according to 2 Wall Street analysts, Madison Square Garden Sports (MSGS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of MSGS's total ratings.
What is MSGS's price target?
Madison Square Garden Sports (MSGS) average price target is $230 with a range of $230 to $230, implying a 13.68% from its last price of $202.33. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Madison Square Garden Sports stock go up soon?
According to Wall Street analysts' prediction for MSGS stock, the company can go up by 13.68% (from the last price of $202.33 to the average price target of $230), up by 13.68% based on the highest stock price target, and up by 13.68% based on the lowest stock price target.
Can Madison Square Garden Sports stock reach $300?
MSGS's average twelve months analyst stock price target of $230 does not support the claim that Madison Square Garden Sports can reach $300 in the near future.
What are Madison Square Garden Sports's analysts' financial forecasts?
Madison Square Garden Sports's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.05B (high $1.09B, low $1.02B), average EBITDA is $17.88M (high $18.42M, low $17.35M), average net income is $45.9M (high $51.72M, low $40.13M), average SG&A $388.71M (high $400.54M, low $377.22M), and average EPS is $1.9 (high $2.14, low $1.66). MSGS's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.06B (high $1.1B, low $1.03B), average EBITDA is $18.04M (high $18.59M, low $17.51M), average net income is $53.02M (high $59.26M, low $46.85M), average SG&A $392.33M (high $404.28M, low $380.74M), and average EPS is $2.19 (high $2.45, low $1.94).
Did the MSGS's actual financial results beat the analysts' financial forecasts?
Based on Madison Square Garden Sports's last annual report (Jun 2023), the company's revenue was $887.45M, which missed the average analysts forecast of $931.35M by -4.71%. Apple's EBITDA was $70.61M, beating the average prediction of $43.8M by 61.23%. The company's net income was $134.21M, beating the average estimation of $27.3M by 391.62%. Apple's SG&A was $249.88M, missing the average forecast of $296.69M by -15.78%. Lastly, the company's EPS was $5.57, beating the average prediction of $1.62 by 243.61%. In terms of the last quarterly report (Dec 2023), Madison Square Garden Sports's revenue was $326.9M, beating the average analysts' forecast of $325.86M by 0.32%. The company's EBITDA was $33.22M, beating the average prediction of $5.52M by 501.37%. Madison Square Garden Sports's net income was $14.22M, beating the average estimation of $11.47M by 23.97%. The company's SG&A was $65.07M, missing the average forecast of $120.1M by -45.82%. Lastly, the company's EPS was $0.59, beating the average prediction of $0.475 by 24.21%