Madison Square Garden Entertainment Corp. (MSGE)
NYSE: MSGE · IEX Real-Time Price · USD
39.01
-0.45 (-1.14%)
Apr 25, 2024, 1:05 PM EDT - Market open
MSGE Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MSGE stock have an average target of 39.29, with a low estimate of 36 and a high estimate of 43. The average target predicts an increase of 0.72% from the current stock price of 39.01.
Analyst Consensus: Buy
* Price targets were last updated on Nov 8, 2023.
Analyst Ratings
The average analyst rating for MSGE stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | -7.72% | Nov 8, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $36 | Hold | Maintains | $40 → $36 | -7.72% | Sep 1, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $41 → $43 | Strong Buy | Maintains | $41 → $43 | +10.23% | Aug 23, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $41 → $43 | Strong Buy | Maintains | $41 → $43 | +10.23% | Aug 22, 2023 |
| B of A Securities | B of A Securities | Strong Buy Initiates $41 | Strong Buy | Initiates | $41 | +5.10% | Aug 22, 2023 |
Financial Forecast
Revenue This Year
961.30M
from 851.50M
Increased by 12.90%
Revenue Next Year
1.02B
from 961.30M
Increased by 5.69%
EPS This Year
1.13
from 1.47
Decreased by -22.98%
EPS Next Year
1.53
from 1.13
Increased by 35.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 995.4M | 1.1B | 1.1B | 1.1B |
| Avg | 961.3M | 1.0B | 1.1B | 1.1B |
| Low | 920.7M | 968.2M | 1.0B | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.9% | 9.9% | 10.0% | 4.9% |
| Avg | 12.9% | 5.7% | 5.2% | 1.9% |
| Low | 8.1% | 0.7% | 0.3% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.58 | 1.88 | 2.30 | 2.27 |
| Avg | 1.13 | 1.53 | 1.81 | 2.20 |
| Low | 0.72 | 1.19 | 1.45 | 2.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.1% | 66.0% | 49.8% | 25.6% |
| Avg | -23.0% | 35.6% | 17.7% | 22.0% |
| Low | -51.3% | 4.7% | -5.5% | 17.2% |
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.