Madison Square Garden Entertainment Corp (MSGE) AI Stock Analysis

Madison Square Garden Entertainment Corp. produces, presents, and hosts a diverse array of live events, including concerts, family shows, special events, and sporting competitions such as professional boxing, college basketball, hockey, bull riding, mixed martial arts, esports, and wrestling. Its venues include The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, as well as The Chicago Theatre. The company also operates a global network of 70 entertainment, dining, and nightlife establishments across 20 markets under brand names such as Tao, Marquee, Lavo, Beauty & Essex, Cathedrale, Hakkasan, and Omnia, and curates and manages New England's premier music festival.

Revenue increased to $1.06B in FY2026, up 12.5% from $942.7M in FY2025, supported by a 5-year revenue CAGR of 66.9% from FY2021 to FY2026. Gross margin expanded to 45.1% in FY2026 from 43.2% in FY2025, while operating margin came in at 13.3% compared to 14.3% the prior year. Net income rose from $37.4M in FY2025 to $66.2M in FY2026, generating diluted EPS of $1.78. For the latest quarter ended June 30, 2026, quarterly revenue grew 27.4% year-over-year, while quarterly earnings declined 35.8%.

As of June 30, 2026, Madison Square Garden Entertainment held $552.0M in cash and short-term investments alongside total debt of $913.3M, resulting in net debt of $361.3M. Total assets stood at $4.04B against shareholders' equity of $2.23B, with a debt-to-equity ratio of 0.41 and a current ratio of 1.22. During FY2026, the company generated $102.6M in operating cash flow and $83.2M in free cash flow. Capital expenditures totaled $19.4M, while share issuance contributed $50.0M.

MSGE closed at $77.76 on October 16, 2026, giving it a market capitalization of $3.68B and an enterprise value of $4.59B. The stock trades at a trailing P/E of 56.3x and a forward P/E of 26.9x, both higher than the median of its US-listed Communication Services peers at 16.2x and 14.1x, respectively. Its EV/EBITDA of 22.6x and price-to-sales of 3.5x also sit above peer medians of 10.0x and 0.8x. Over the past 12 months, MSGE gained 78.1%, outperforming the S&P 500 (SPY) return of 16.8%.

Wall Street coverage consists of 4 Strong Buy ratings and 6 Hold ratings, with no Buy, Sell, or Strong Sell ratings. The mean price target is $91.62, representing an upside of 17.8% from the last close of $77.76. For the current fiscal year ending June 30, 2027, analysts project revenue of $1.13B and EPS of $2.76, representing 54.0% estimated earnings growth. Madison Square Garden Entertainment has beaten EPS estimates in 3 of the last 4 quarters, with its next earnings date scheduled for November 5, 2026.

This page is an AI-written research summary of Madison Square Garden Entertainment Corp (MSGE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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