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 $277.00 (represents a 23.50% upside from MSGS’s last price of $224.30) 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 23.50% upside from MSGS's last price of $224.30.
MSGS Analyst Ratings
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% | 7.00% |
| Nov 01, 2024 | Curry Baker | Guggenheim | $314.00 | $220.99 | 42.09% | 39.99% |
| Jul 13, 2022 | Paul Golding | Macquarie | $230.00 | $150.36 | 52.97% | 2.54% |
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 7.00% increase from MSGS last price ($224.30).
Madison Square Garden Sports Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 2 |
| Avg Price Target | $277.00 | $277.00 | $277.00 |
| Last Closing Price | $224.30 | $224.30 | $224.30 |
| Upside/Downside | 23.50% | 23.50% | 23.50% |
In the current month, the average price target of Madison Square Garden Sports stock is $277.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 23.50% increase as opposed to Madison Square Garden Sports's last price of $224.30. This month's average price target is down 0.00% compared to last quarter, and down 0.00% 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 | $394.02M | $54.06M | $152.64M | $503.92M | $386.48M | $52.47M | $136.17M | $487.34M | $393.60M | $48.61M | $142.39M | $482.81M | $386.25M | $49.96M | $128.85M | $438.83M | $354.79M | $44.13M | $167.71M | $420.76M | $328.76M | $26.00M | $124.99M | $373.04M | $327.62M | $19.98M | $93.49M | $332.95M | $294.00M | $35.13M |
| Low Forecast | $387.04M | $53.11M | $149.94M | $495.00M | $379.63M | $51.54M | $133.76M | $478.71M | $386.63M | $47.75M | $139.87M | $474.26M | $379.41M | $49.07M | $126.56M | $435.30M | $347.81M | $43.35M | $167.71M | $420.76M | $321.37M | $24.00M | $122.77M | $366.44M | $321.82M | $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 | $6.59M | $904.25K | $2.55M | $8.43M | $6.46M | $877.62K | $2.28M | $8.15M | $6.58M | $812.97K | $2.38M | $8.08M | $6.46M | $835.53K | $2.16M | $7.38M | $5.94M | $738.08K | $2.83M | $75.72M | $5.50M | $419.62K | $2.09M | $80.98M | $49.36M | $338.61K | $1.58M | $86.61M | $4.98M | $595.41K |
| High Forecast | $6.65M | $912.84K | $2.58M | $8.51M | $6.53M | $885.96K | $2.30M | $8.23M | $6.65M | $820.69K | $2.40M | $8.15M | $6.52M | $843.47K | $2.18M | $7.41M | $5.99M | $745.09K | $2.83M | $90.86M | $5.55M | $439.04K | $2.11M | $97.18M | $59.23M | $338.61K | $1.58M | $103.94M | $4.98M | $595.41K |
| Low Forecast | $6.53M | $896.68K | $2.53M | $8.36M | $6.41M | $870.27K | $2.26M | $8.08M | $6.53M | $806.16K | $2.36M | $8.01M | $6.41M | $828.53K | $2.14M | $7.35M | $5.87M | $731.89K | $2.83M | $60.58M | $5.43M | $405.27K | $2.07M | $64.79M | $39.49M | $338.61K | $1.58M | $69.29M | $4.98M | $595.41K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.04% | -94.48% | -33.79% | 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 | $-5.46M | $-41.10M | $-26.84M | $75.51M | $1.86M | $-36.29M | $-22.26M | $53.45M | $12.86M | $-22.18M | $-18.72M | $45.12M | $20.30M | $-15.28M | $-20.27M | $40.86M | $9.40M | $-20.55M | $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 | $-42.06M | $-27.47M | $73.78M | $1.81M | $-37.14M | $-22.78M | $52.23M | $12.56M | $-22.70M | $-19.16M | $44.08M | $19.83M | $-15.63M | $-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 | $145.22M | $19.93M | $56.26M | $185.72M | $142.44M | $19.34M | $50.19M | $179.61M | $145.06M | $17.91M | $52.48M | $177.94M | $142.35M | $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 | $142.65M | $19.57M | $55.26M | $182.43M | $139.92M | $19.00M | $49.30M | $176.43M | $142.50M | $17.60M | $51.55M | $174.79M | $139.83M | $18.09M | $46.65M | $160.43M | $128.19M | $15.98M | $61.81M | $66.07M | $118.44M | $8.85M | $45.25M | $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 | $-0.85 | $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 | $0.82 | $-0.65 | $-0.86 | $1.30 | $0.16 | $-0.87 | $0.11 | $2.60 | $0.24 | $-1.82 | $-0.14 | $1.99 | $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).