Madison Square Garden Entertainment Corp. (MSGE)

MSGE Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for MSGE stock have an average target of 46, with a low estimate of 44 and a high estimate of 48. The average target predicts an increase of 22.08% from the current stock price of 37.68.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$44	$46	$45	$48
Change	+16.77%	+22.08%	+19.43%	+27.39%

Analyst Ratings

The average analyst rating for MSGE stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	3	3	3	3	3
Buy	1	0	1	1	1	1
Hold	3	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	5	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Curry Baker Guggenheim	Guggenheim	Strong Buy Maintains $49 → $48	Strong Buy	Maintains	$49 → $48	+27.39%	Nov 12, 2024
Paul Golding Macquarie	Macquarie	Buy Maintains $47 → $45	Buy	Maintains	$47 → $45	+19.43%	Nov 11, 2024
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $45 → $44	Hold	Maintains	$45 → $44	+16.77%	Nov 11, 2024
Paul Golding Macquarie	Macquarie	Buy Maintains $46 → $47	Buy	Maintains	$46 → $47	+24.73%	Aug 22, 2024
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $42 → $45	Hold	Maintains	$42 → $45	+19.43%	Aug 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.00B

Increased by 4.45%

from 959.27M

Revenue Next Year

1.06B

Increased by 5.29%

from 1.00B

EPS This Year

1.79

Decreased by -39.62%

from 2.97

EPS Next Year

2.04

Increased by 13.69%

from 1.79

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	584.60M	81.81M	653.49M	851.50M	959.27M	1.00B	1.06B	1.10B
Revenue Growth	-	-86.01%	698.77%	30.30%	12.66%	4.45%	5.29%	4.45%
EPS	7.15	-4.22	-2.58	1.47	2.97	1.79	2.04	2.01
EPS Growth	-	-	-	-	102.04%	-39.62%	13.69%	-1.23%
Forward PE	-	-	-	-	-	21.01	18.48	18.71
No. Analysts	-	-	-	-	-	10	10	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.0B	1.1B	1.2B
Avg	1.0B	1.1B	1.1B
Low	951.5M	993.8M	1.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.5%	10.1%	9.2%
Avg	4.5%	5.3%	4.5%
Low	-0.8%	-0.8%	-1.6%

EPS Forecast

EPS	2025	2026	2027
High	2.26	2.81	2.61
Avg	1.79	2.04	2.01
Low	1.41	1.53	1.66

EPS Growth

EPS Growth	2025	2026	2027
High	-24.0%	56.9%	28.2%
Avg	-39.6%	13.7%	-1.2%
Low	-52.5%	-14.8%	-18.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.