Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) had its price target boosted by research analysts at Susquehanna from $80.00 to $103.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price target indicates a potential upside of 16.02% from the stock’s previous close.
Other equities analysts have also issued research reports about the stock. Morgan Stanley upped their price target on shares of Madison Square Garden Entertainment from $70.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group restated a “neutral” rating and issued a $82.00 price objective (up from $72.00) on shares of Madison Square Garden Entertainment in a report on Thursday, July 9th. Seaport Research Partners reiterated a “neutral” rating on shares of Madison Square Garden Entertainment in a research report on Monday, June 29th. JPMorgan Chase & Co. boosted their target price on shares of Madison Square Garden Entertainment from $67.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Guggenheim reaffirmed a “buy” rating and issued a $103.00 price target on shares of Madison Square Garden Entertainment in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $88.17.
Read Our Latest Stock Analysis on MSGE
Madison Square Garden Entertainment Price Performance
Insiders Place Their Bets
In related news, EVP Philip Gerard D’ambrosio sold 9,907 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $74.48, for a total value of $737,873.36. Following the completion of the sale, the executive vice president directly owned 15,772 shares of the company’s stock, valued at approximately $1,174,698.56. This represents a 38.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 16.41% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG lifted its stake in Madison Square Garden Entertainment by 28.9% in the fourth quarter. UBS Group AG now owns 294,984 shares of the company’s stock valued at $15,897,000 after acquiring an additional 66,070 shares during the last quarter. Jericho Capital Asset Management L.P. increased its holdings in shares of Madison Square Garden Entertainment by 26.9% during the 4th quarter. Jericho Capital Asset Management L.P. now owns 3,662,724 shares of the company’s stock valued at $197,384,000 after acquiring an additional 777,000 shares during the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of Madison Square Garden Entertainment by 483.5% in the first quarter. Y Intercept Hong Kong Ltd now owns 46,855 shares of the company’s stock valued at $2,760,000 after purchasing an additional 38,825 shares during the period. First Trust Advisors LP raised its holdings in Madison Square Garden Entertainment by 130.2% in the 1st quarter. First Trust Advisors LP now owns 131,119 shares of the company’s stock worth $7,724,000 after acquiring an additional 74,159 shares during the period. Finally, IMC Chicago LLC bought a new position in shares of Madison Square Garden Entertainment in the fourth quarter worth about $2,162,000. 96.86% of the stock is owned by hedge funds and other institutional investors.
Key Madison Square Garden Entertainment News
Here are the key news stories impacting Madison Square Garden Entertainment this week:
- Positive Sentiment: Q4 results beat expectations: MSGE reported a quarterly loss of $0.21 per share, narrower than consensus estimates for a loss of approximately $0.42-$0.44. Revenue rose 27.4% year over year to $196.32 million, exceeding forecasts of $166.62 million. MSGE earnings report
- Positive Sentiment: Annual revenue topped $1 billion: Strong demand from concerts, the New York Knicks, the Christmas Spectacular and major events such as Lady Gaga performances helped drive record-scale fiscal-year results. Concert volumes reportedly doubled, supporting the bullish market reaction. MSGE fiscal 2026 earnings
- Positive Sentiment: Growth outlook improved: Management expects fiscal 2027 revenue and adjusted operating income growth as it adds venue events and targets roughly $47 million in arena licensing fees. The outlook reinforces expectations for continued event demand and monetization. MSGE fiscal 2027 outlook
- Negative Sentiment: Profitability and valuation remain risks: MSGE still reported a quarterly loss, while its elevated valuation, substantial leverage, debt-to-equity ratio of 11.40 and current ratio below 1 could increase sensitivity to weaker event activity or higher financing costs.
Madison Square Garden Entertainment Company Profile
Madison Square Garden Entertainment Corp. (NYSE: MSGE) is a premier live entertainment company focused on producing and hosting a wide range of events across North America. Established as a separate publicly traded entity in April 2020 through a spin-off from Madison Square Garden Company, MSGE owns and operates iconic venues such as Madison Square Garden in New York City, Radio City Music Hall, The Chicago Theatre and Sphere in Las Vegas. These facilities serve as flagship stages for concerts, sports events, family shows and cultural performances.
The company’s core business activities center on venue management, event promotion and production services.
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