Madison Square Garden Entertainment (NYSE:MSGE) Price Target Raised to $63.00

Madison Square Garden Entertainment (NYSE:MSGE) had its price objective raised by investment analysts at JPMorgan Chase & Co. from $60.00 to $63.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 7.86% from the stock’s previous close.

MSGE has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Madison Square Garden Entertainment in a research note on Monday, December 29th. Wolfe Research downgraded shares of Madison Square Garden Entertainment from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Guggenheim raised their price objective on shares of Madison Square Garden Entertainment from $70.00 to $74.00 and gave the stock a “buy” rating in a report on Tuesday. Susquehanna increased their price target on shares of Madison Square Garden Entertainment from $51.00 to $61.00 and gave the stock a “positive” rating in a research report on Thursday, December 11th. Finally, The Goldman Sachs Group restated a “conviction-buy” rating on shares of Madison Square Garden Entertainment in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Madison Square Garden Entertainment has an average rating of “Moderate Buy” and a consensus target price of $55.00.

Madison Square Garden Entertainment Price Performance

Shares of NYSE MSGE traded down $1.93 during trading hours on Wednesday, reaching $58.41. The stock had a trading volume of 75,189 shares, compared to its average volume of 325,455. The business’s fifty day moving average is $55.28 and its two-hundred day moving average is $47.21. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 83.39 and a beta of 0.39. Madison Square Garden Entertainment has a twelve month low of $28.29 and a twelve month high of $63.10.

Madison Square Garden Entertainment (NYSE:MSGE) last released its earnings results on Tuesday, February 3rd. The company reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.35 by ($0.41). Madison Square Garden Entertainment had a net margin of 3.65% and a negative return on equity of 310.15%. The business had revenue of $459.94 million for the quarter, compared to analyst estimates of $448.21 million. During the same quarter in the previous year, the company posted $1.56 earnings per share. The business’s revenue for the quarter was up 12.9% on a year-over-year basis. Sell-side analysts forecast that Madison Square Garden Entertainment will post 1.04 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MSGE. CWM LLC boosted its position in shares of Madison Square Garden Entertainment by 15.1% during the 4th quarter. CWM LLC now owns 1,723 shares of the company’s stock valued at $93,000 after acquiring an additional 226 shares in the last quarter. Rhumbline Advisers raised its stake in Madison Square Garden Entertainment by 0.4% during the second quarter. Rhumbline Advisers now owns 63,178 shares of the company’s stock worth $2,525,000 after acquiring an additional 272 shares in the last quarter. Garden State Investment Advisory Services LLC lifted its holdings in shares of Madison Square Garden Entertainment by 2.0% during the second quarter. Garden State Investment Advisory Services LLC now owns 15,902 shares of the company’s stock valued at $636,000 after acquiring an additional 306 shares during the period. Orion Porfolio Solutions LLC increased its position in shares of Madison Square Garden Entertainment by 1.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 22,667 shares of the company’s stock worth $906,000 after purchasing an additional 418 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Madison Square Garden Entertainment by 25.3% in the second quarter. Nisa Investment Advisors LLC now owns 2,217 shares of the company’s stock worth $89,000 after purchasing an additional 448 shares in the last quarter. 96.86% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Madison Square Garden Entertainment

Here are the key news stories impacting Madison Square Garden Entertainment this week:

• Positive Sentiment: Revenue beat and strong demand — MSGE reported revenue of $459.9M (up 12.9% YoY), above estimates, and management cited record holiday attendance plus robust concert bookings that support fiscal‑2026 growth expectations. Madison Square Garden Entertainment signals robust growth path
• Positive Sentiment: Market reaction to top‑line beat — early media reports noted the revenue beat and attributed an intraday share rise to stronger-than-expected event demand and bookings. This reaction is supporting the stock today. Madison Square Garden Entertainment beats revenue expectations, shares rise
• Neutral Sentiment: Mixed quarterly picture — the company posted materials (press release, slide deck, conference call) showing revenue growth and operational trends; investors should review the deck/call for forward guidance and booking cadence. These documents add detail but don’t fully resolve the EPS concern. View Press Release / Slide Deck
• Negative Sentiment: EPS missed consensus — MSGE reported EPS of $1.94 vs. consensus ~$2.35, a meaningful miss that pressured near‑term profit expectations despite revenue strength. Analysts and quant notes are flagging the margin/earnings shortfall. Madison Square Garden Entertainment (MSGE) Lags Q2 Earnings Estimates
• Negative Sentiment: Analyst caution and limited upside — J.P. Morgan maintained a Hold with a $63 target, citing solid fundamentals but near‑term profit headwinds and limited upside, which may cap further share gains until margins and EPS recovery are clearer. MSGE: Solid Fundamentals but Limited Upside

About Madison Square Garden Entertainment

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.