Argus lowers target to USD 422.00 for Madison Square Garden Sports stock

Published on 10/17/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June 2026 revenue rose 36.70 percent. Madison Square Garden Sports stock stood at USD 396.10 on October 16, 2026, down 2.12 percent on NYSE.

Analyst target and coming results

Argus lowered its MSGS target to USD 422.00 on October 7, 2026.
Revenue rose 36.70 percent in the June 2026 quarter.
Madison Square Garden Sports stock last traded at USD 396.10 on October 16, 2026 at 4:00 p.m. ET, down 2.12 percent on the NYSE.
The next estimated earnings date is October 30, 2026.

MSGS, US55825T1034, Illustration mit AI erstellt.

Argus lowered its price target for Madison Square Garden Sports Corp. to USD 422.00 on October 7, 2026, according to Yahoo Finance. The target is 6.54 percent above the latest USD 396.10 price. Revenue rose 36.70 percent year over year to USD 278.75 million in the quarter ended June 2026, while net income reached USD 28.30 million, Business Quant reported. MSGS last traded at USD 396.10 on October 16, 2026 at 4:00 p.m. ET, down 2.12 percent on the NYSE.

June revenue sets the operating base

The June 2026 quarter gives investors a stronger operating reference than the daily price alone. Revenue of USD 278.75 million exceeded the prior-year period by USD 74.75 million, while net income improved from the prior-year loss of USD 1.70 million to USD 28.30 million. The reported figures were standardized from SEC filings by Business Quant.

MSGS remains below its yearly high

The October 16 price stood between a 52-week low of USD 207.90 and a 52-week high of USD 438.93. It was 9.76 percent below the high and 90.53 percent above the low. Trading volume reached 660,529 shares against an average of 268,860 shares, according to the latest market quotation.

Valuation and the next report

MSGS had a market capitalization of USD 9.5 billion and a price-to-earnings ratio of 1,237.81 as of October 16, 2026. JrHisse lists October 30, 2026 as the next estimated earnings date. That report will give investors a fresh test of whether the June revenue improvement continued into the September quarter.

Comparison with peers

MSGS (NYSE, USD): minus 2.12 percent, P/E 1,237.81, market capitalization USD 9.5 billion
TKO Group Holdings (NYSE, USD): minus 0.30 percent, P/E 60.52, market capitalization USD 12.8 billion
Live Nation Entertainment (NYSE, USD): minus 1.16 percent, P/E minus 152.24, market capitalization USD 39.7 billion

Stock context

The target reduction to USD 422.00 leaves a defined analyst reference above the October 16 price, while the June quarter supplies a concrete operating counterweight. The next scheduled earnings date is October 30, 2026.

Madison Square Garden Sports stock last traded at USD 396.10 on October 16, 2026 at 4:00 p.m. ET on the NYSE, down 2.12 percent on the day.