Madison Square Garden Entertainment Corp. (MSGE)
NYSE: MSGE · Real-Time Price · USD
33.40
+0.18 (0.54%)
Dec 20, 2024, 4:00 PM EST - Market closed

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 37.72% from the current stock price of 33.40.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $44 $46 $45 $48
Change +31.74% +37.72% +34.73% +43.71%
* Price targets were last updated on Nov 12, 2024.

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 333333
Buy 011111
Hold 222211
Sell 000000
Strong Sell 000000
Total 566655

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Maintains
$49$48
Strong Buy Maintains $49$48 +43.71% Nov 12, 2024
Macquarie
Macquarie
Buy
Maintains
$47$45
Buy Maintains $47$45 +34.73% Nov 11, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$45$44
Hold Maintains $45$44 +31.74% Nov 11, 2024
Macquarie
Macquarie
Buy
Maintains
$46$47
Buy Maintains $46$47 +40.72% Aug 22, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$42$45
Hold Maintains $42$45 +34.73% Aug 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
979.70M
from 959.27M
Increased by 2.13%
Revenue Next Year
1.03B
from 979.70M
Increased by 5.13%
EPS This Year
1.80
from 2.97
Decreased by -39.23%
EPS Next Year
1.84
from 1.80
Increased by 1.78%
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
584.60M81.81M653.49M851.50M959.27M979.70M1.03B1.08B
Revenue Growth
--86.01%698.77%30.30%12.66%2.13%5.13%5.05%
EPS
7.15-4.22-2.581.472.971.801.842.10
EPS Growth
----102.04%-39.23%1.78%14.20%
Forward PE
-----18.5118.1815.92
No. Analysts -----10107
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 1.0B 1.1B 1.1B
Avg 979.7M 1.0B 1.1B
Low 934.4M 979.0M 1.0B

Revenue Growth

Revenue Growth 202520262027
High
6.6%
10.6%
9.9%
Avg
2.1%
5.1%
5.0%
Low
-2.6%
-0.1%
-0.7%

EPS Forecast

EPS 202520262027
High 2.21 2.22 2.64
Avg 1.80 1.84 2.10
Low 1.30 1.50 1.69

EPS Growth

EPS Growth 202520262027
High
-25.8%
22.8%
43.5%
Avg
-39.2%
1.8%
14.2%
Low
-56.1%
-16.9%
-8.2%
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.