Madison Square Garden Entertainment Corp. (MSGE)
NYSE: MSGE · IEX Real-Time Price · USD
34.31
+0.43 (1.27%)
At close: Jul 2, 2024, 4:00 PM
33.30
-1.01 (-2.94%)
After-hours: Jul 2, 2024, 7:50 PM EDT
MSGE Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MSGE stock have an average target of 39, with a low estimate of 36 and a high estimate of 43. The average target predicts an increase of 13.67% from the current stock price of 34.31.
Analyst Consensus: Buy
* Price targets were last updated on Nov 8, 2023.
Analyst Ratings
The average analyst rating for MSGE stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | +4.93% | Nov 8, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $36 | Hold | Maintains | $40 → $36 | +4.93% | Sep 1, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $41 → $43 | Strong Buy | Maintains | $41 → $43 | +25.33% | Aug 23, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $41 → $43 | Strong Buy | Maintains | $41 → $43 | +25.33% | Aug 22, 2023 |
| B of A Securities | B of A Securities | Strong Buy Initiates $41 | Strong Buy | Initiates | $41 | +19.50% | Aug 22, 2023 |
Financial Forecast
Revenue This Year
964.90M
from 851.50M
Increased by 13.32%
Revenue Next Year
1.02B
from 964.90M
Increased by 5.81%
EPS This Year
1.12
from 1.47
Decreased by -23.69%
EPS Next Year
1.47
from 1.12
Increased by 31.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.0B | 1.1B | 1.1B | 1.2B |
| Avg | 964.9M | 1.0B | 1.1B | 1.1B |
| Low | 924.8M | 972.9M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.6% | 10.1% | 9.9% | 8.9% |
| Avg | 13.3% | 5.8% | 5.2% | 5.8% |
| Low | 8.6% | 0.8% | -0.2% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.44 | 1.89 | 2.22 | 2.73 |
| Avg | 1.12 | 1.47 | 1.65 | 2.65 |
| Low | 0.75 | 0.75 | 0.76 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.1% | 68.5% | 50.7% | 65.0% |
| Avg | -23.7% | 31.1% | 12.5% | 60.3% |
| Low | -48.7% | -33.4% | -48.1% | 54.0% |
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.