Madison Square Garden Sports Corp. (MSGS) AI Stock Analysis

Madison Square Garden Sports Corp. functions as a prominent entity in the professional sports industry, boasting a robust portfolio of assets centered around iconic New York franchises. The company is the proud owner and operator of the New York Knickerbockers (NBA) and the New York Rangers (NHL). Complementing these major franchises are developmental league teams, including the Hartford Wolf Pack (AHL) and the Westchester Knicks (NBA G League). The company also extends its reach into esports with Knicks Gaming in the NBA 2K League and holds a significant stake in Counter Logic Gaming (CLG), supported by state-of-the-art training facilities in Greenburgh and Los Angeles.

Revenue grew from $821.4M in FY2022 to $1.15B in FY2026, representing a 5-year revenue CAGR of 22.6%. Annual revenue expanded 11.0% in FY2026 after a 1.2% increase in FY2025. Net income stood at $7.8M in FY2026 with a 0.7% net margin and EPS of $0.38, improving from net income of -$22.4M and EPS of -$0.92 in FY2025. However, gross margin was 27.7% and operating margin was 2.5% in FY2026, down from 39.7% and 14.2% respectively in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue growth was 36.7% year-over-year while quarterly earnings growth reached 644.9%.

As of June 30, 2026, Madison Square Garden Sports held $164.5M in cash and short-term investments against $1.14B in total debt, resulting in net debt of $979.3M. The company reported negative shareholders' equity of -$263.3M and a current ratio of 0.50 against total assets of $1.54B. In FY2026, operating cash flow was $59.2M and free cash flow was $57.8M, while capital expenditures were $1.4M and dividends paid totaled $472,000. Over the past 5 years, the share count changed by -0.5%.

MSGS trades at a market cap of $9.54B and an enterprise value of $10.50B. Its forward P/E of 72.5x and price-to-sales of 8.3x trade at a premium to the median of its US-listed Communication Services peers, which report a forward P/E of 14.1x and price-to-sales of 0.8x. Its EV-to-EBITDA stands at 248.6x compared to the peer median of 10.0x. Over the past year, the stock gained 81.4%, outperforming the S&P 500 (SPY) return of 16.8%, and delivered a 5-year return of 110.8% versus 83.0% for the S&P 500.

Wall Street coverage consists of 3 Strong Buy, 2 Buy, and 3 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target is $480.67, implying 21.3% upside compared to the last close of $396.10. For the current fiscal year ending June 30, 2027, analysts project revenue of $1.08B and EPS of -$1.14, representing EPS growth of -455.3%. The company beat EPS estimates in 2 of the last 4 quarters, with its next earnings date scheduled for October 30, 2026.

This page is an AI-written research summary of Madison Square Garden Sports Corp. (MSGS). 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.

Related: MSGS income statement, MSGS balance sheet, MSGS key metrics, MSGS analyst forecast, MSGS chart. See the MSGS stock overview for the latest quote and news.