Madison Square Garden Sports (MSGS) Stock Forecast, Price Target & Predictions

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MSGS Stock Forecast

Madison Square Garden Sports stock forecast is as follows: an average price target of $277.00 (represents a 22.92% upside from MSGS’s last price of $225.35) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

MSGS Price Target

The average price target for Madison Square Garden Sports (MSGS) is $277.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $314.00 to $240.00. This represents a potential 22.92% upside from MSGS's last price of $225.35.

MSGS Analyst Ratings

Buy

According to 3 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%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 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
Nov 05, 2024	Paul Golding	Macquarie	$240.00	$217.86	10.16%	6.50%
Nov 01, 2024	Curry Baker	Guggenheim	$314.00	$220.99	42.09%	39.34%
Jul 13, 2022	Paul Golding	Macquarie	$230.00	$150.36	52.97%	2.06%

The latest Madison Square Garden Sports stock forecast, released on Nov 05, 2024 by Paul Golding from Macquarie, set a price target of $240.00, which represents a 10.16% increase from the stock price at the time of the forecast ($217.86), and a 6.50% increase from MSGS last price ($225.35).

Madison Square Garden Sports Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	2
Avg Price Target	-	$277.00	$277.00
Last Closing Price	$225.35	$225.35	$225.35
Upside/Downside	-100.00%	22.92%	22.92%

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 $225.35. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 01, 2024	Guggenheim	Buy	Buy	Hold
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 Guggenheim on Nov 01, 2024. The company gave MSGS a "Buy" rating, the same as its previous rate.

Madison Square Garden Sports Financial Forecast

Madison Square Garden Sports Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	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	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$326.90M	$43.05M	$126.92M	$382.74M	$353.69M	$24.09M	$175.21M	$337.77M	$289.58M	$18.79M
Avg Forecast	$390.31M	$53.56M	$151.21M	$499.18M	$382.84M	$51.98M	$134.89M	$482.76M	$389.90M	$48.15M	$141.05M	$478.26M	$382.61M	$49.49M	$127.63M	$437.30M	$351.53M	$43.71M	$167.71M	$420.76M	$325.86M	$24.85M	$123.81M	$369.53M	$324.54M	$19.98M	$93.49M	$332.95M	$294.00M	$35.13M
High Forecast	$394.04M	$54.07M	$152.65M	$503.95M	$386.50M	$52.48M	$136.18M	$487.37M	$393.63M	$48.61M	$142.40M	$482.84M	$386.27M	$49.96M	$128.85M	$438.83M	$354.79M	$44.13M	$167.71M	$420.76M	$328.76M	$26.00M	$125.00M	$373.07M	$327.64M	$19.98M	$93.49M	$332.95M	$294.00M	$35.13M
Low Forecast	$387.28M	$53.14M	$150.04M	$495.31M	$379.87M	$51.58M	$133.85M	$479.02M	$386.88M	$47.78M	$139.96M	$474.56M	$379.65M	$49.10M	$126.64M	$435.30M	$347.81M	$43.37M	$167.71M	$420.76M	$321.37M	$24.00M	$122.85M	$366.67M	$322.02M	$19.98M	$93.49M	$332.95M	$294.00M	$35.13M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	1	1	3	4	2	2	1	1	1	1	2	2
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	1.73%	1.03%	1.04%	1.09%	1.21%	1.87%	1.01%	0.98%	0.54%

Madison Square Garden Sports's average Quarter revenue forecast for Mar 24 based on 1 analysts is $420.76M, with a low forecast of $420.76M, and a high forecast of $420.76M. 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

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	1	1	3	4	2	2	1	1	1	1	2	2
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$33.22M	$-39.65M	$-70.63M	$102.62M	$53.31M	$-34.68M	$24.53M	$62.59M	$37.76M	$-33.05M
Avg Forecast	$5.64M	$774.51K	$2.19M	$7.22M	$5.54M	$751.70K	$1.95M	$6.98M	$5.64M	$696.32K	$2.04M	$6.92M	$5.53M	$715.65K	$1.85M	$6.32M	$5.08M	$632.17K	$2.43M	$75.72M	$4.71M	$359.41K	$1.79M	$80.98M	$49.36M	$338.61K	$1.58M	$86.61M	$4.98M	$595.41K
High Forecast	$5.70M	$781.92K	$2.21M	$7.29M	$5.59M	$758.89K	$1.97M	$7.05M	$5.69M	$702.99K	$2.06M	$6.98M	$5.59M	$722.50K	$1.86M	$6.35M	$5.13M	$638.22K	$2.43M	$90.86M	$4.75M	$376.04K	$1.81M	$97.18M	$59.23M	$338.61K	$1.58M	$103.94M	$4.98M	$595.41K
Low Forecast	$5.60M	$768.51K	$2.17M	$7.16M	$5.49M	$745.88K	$1.94M	$6.93M	$5.59M	$690.93K	$2.02M	$6.86M	$5.49M	$710.11K	$1.83M	$6.30M	$5.03M	$627.28K	$2.43M	$60.58M	$4.65M	$347.12K	$1.78M	$64.79M	$39.49M	$338.61K	$1.58M	$69.29M	$4.98M	$595.41K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.05%	-110.31%	-39.45%	1.27%	1.08%	-102.43%	15.48%	0.72%	7.58%	-55.50%

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

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	1	1	3	4	2	2	1	1	1	1	2	2
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$14.22M	$-18.82M	$77.87M	$52.38M	$22.49M	$-18.53M	$27.19M	$24.50M	$15.20M	$-16.41M
Avg Forecast	$-5.52M	$-41.55M	$-27.13M	$74.59M	$1.83M	$-36.69M	$-22.50M	$52.80M	$12.70M	$-22.43M	$-18.93M	$44.57M	$20.05M	$-15.44M	$-20.49M	$37.32M	$7.34M	$-20.78M	$2.54M	$29.37M	$11.42M	$-35.35M	$-3.32M	$31.41M	$20.71M	$-27.87M	$-10.04M	$33.60M	$22.26M	$-30.22M
High Forecast	$-5.47M	$-41.13M	$-26.86M	$75.52M	$1.86M	$-36.32M	$-22.28M	$53.46M	$12.86M	$-22.20M	$-18.74M	$45.12M	$20.30M	$-15.29M	$-20.29M	$40.86M	$9.40M	$-20.57M	$2.54M	$35.24M	$20.69M	$-29.50M	$-3.28M	$37.69M	$24.86M	$-27.87M	$-10.04M	$40.31M	$22.26M	$-30.22M
Low Forecast	$-5.59M	$-42.07M	$-27.47M	$73.84M	$1.82M	$-37.14M	$-22.78M	$52.27M	$12.57M	$-22.70M	$-19.16M	$44.12M	$19.85M	$-15.64M	$-20.75M	$31.27M	$3.82M	$-21.04M	$2.53M	$23.50M	$5.87M	$-43.78M	$-3.36M	$25.13M	$16.57M	$-27.87M	$-10.04M	$26.88M	$22.26M	$-30.22M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.25%	0.53%	-23.48%	1.67%	1.09%	0.66%	-2.71%	0.73%	0.68%	0.54%

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

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	1	1	3	4	2	2	1	1	1	1	2	2
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$65.07M	$53.56M	$57.87M	$61.10M	$75.64M	$55.28M	$57.44M	$68.90M	$59.60M	$43.73M
Avg Forecast	$143.85M	$19.74M	$55.73M	$183.98M	$141.10M	$19.16M	$49.72M	$177.92M	$143.70M	$17.75M	$51.99M	$176.27M	$141.01M	$18.24M	$47.04M	$161.17M	$129.56M	$16.11M	$61.81M	$82.59M	$120.10M	$9.16M	$45.63M	$88.33M	$77.91M	$7.36M	$34.46M	$94.47M	$108.35M	$12.95M
High Forecast	$145.23M	$19.93M	$56.26M	$185.74M	$142.45M	$19.34M	$50.19M	$179.63M	$145.07M	$17.92M	$52.48M	$177.95M	$142.36M	$18.41M	$47.49M	$161.73M	$130.76M	$16.26M	$61.81M	$99.11M	$121.17M	$9.58M	$46.07M	$105.99M	$93.50M	$7.36M	$34.46M	$113.36M	$108.35M	$12.95M
Low Forecast	$142.74M	$19.59M	$55.30M	$182.55M	$140.01M	$19.01M	$49.33M	$176.55M	$142.59M	$17.61M	$51.58M	$174.90M	$139.92M	$18.10M	$46.68M	$160.43M	$128.19M	$15.99M	$61.81M	$66.07M	$118.44M	$8.85M	$45.28M	$70.66M	$62.33M	$7.36M	$34.46M	$75.58M	$108.35M	$12.95M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.54%	5.85%	1.27%	0.69%	0.97%	7.51%	1.67%	0.73%	0.55%	3.38%

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

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	1	1	3	4	2	2	1	1	1	1	2	2
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.59	$-0.79	$-2.28	$2.19	$0.85	$-0.76	$1.12	$1.01	$0.63	$-0.68
Avg Forecast	$-0.23	$-1.73	$-1.13	$3.10	$0.08	$-1.53	$-0.94	$2.20	$0.53	$-0.93	$-0.79	$1.85	$0.83	$-0.64	$-0.85	$1.55	$0.31	$-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
High Forecast	$-0.23	$-1.71	$-1.12	$3.14	$0.08	$-1.51	$-0.93	$2.22	$0.53	$-0.92	$-0.78	$1.88	$0.84	$-0.64	$-0.84	$1.70	$0.39	$-0.86	$0.11	$2.60	$0.86	$-1.23	$-0.14	$2.04	$1.33	$-1.15	$-0.42	$1.67	$0.92	$-1.25
Low Forecast	$-0.23	$-1.75	$-1.14	$3.07	$0.08	$-1.54	$-0.95	$2.17	$0.52	$-0.94	$-0.80	$1.83	$0.83	$-0.65	$-0.86	$1.30	$0.16	$-0.87	$0.11	$2.60	$0.24	$-1.82	$-0.14	$2.00	$1.30	$-1.15	$-0.42	$1.67	$0.92	$-1.25
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.24%	0.54%	16.54%	1.09%	0.65%	0.66%	-2.69%	0.60%	0.68%	0.54%

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 $2.60 and a high estimate of $2.60. 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
RSVR	Reservoir Media	$9.28	$11.50	23.92%	Buy
MSGS	Madison Square Garden Sports	$232.31	$277.00	19.24%	Buy
FWONA	Formula One Group	$85.52	$83.00	-2.95%	Buy

MSGS Forecast FAQ

Is Madison Square Garden Sports a good buy?

Yes, according to 3 Wall Street analysts, Madison Square Garden Sports (MSGS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of MSGS's total ratings.

What is MSGS's price target?

Madison Square Garden Sports (MSGS) average price target is $277 with a range of $240 to $314, implying a 22.92% from its last price of $225.35. The data is based on 3 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 22.92% (from the last price of $225.35 to the average price target of $277), up by 39.34% based on the highest stock price target, and up by 6.50% based on the lowest stock price target.

Can Madison Square Garden Sports stock reach $300?

MSGS's highest twelve months analyst stock price target of $314 supports 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 2027) are as follows: average revenue is $1.06B (high $1.07B, low $1.05B), average EBITDA is $15.27M (high $15.41M, low $15.15M), average net income is $20.57M (high $21.84M, low $19.35M), average SG&A $389.08M (high $392.81M, low $386.07M), and average EPS is $0.855 (high $0.908, low $0.805). MSGS's analysts financial forecasts for the fiscal year (Jun 2028) are as follows: average revenue is $1.09B (high $1.1B, low $1.08B), average EBITDA is $15.69M (high $15.84M, low $15.57M), average net income is $12.61M (high $14.2M, low $11.05M), average SG&A $399.96M (high $403.79M, low $396.86M), and average EPS is $0.524 (high $0.591, low $0.459).

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, beating the average analysts forecast of $837.86M by 5.92%. Apple's EBITDA was $70.61M, missing the average prediction of $132.47M by -46.70%. The company's net income was $134.21M, beating the average estimation of $20.94M by 541.02%. Apple's SG&A was $249.88M, beating the average forecast of $219.24M by 13.98%. Lastly, the company's EPS was $5.57, beating the average prediction of $2.04 by 173.48%. 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 $4.71M by 604.86%. Madison Square Garden Sports's net income was $14.22M, beating the average estimation of $11.42M by 24.52%. 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%