Susquehanna Reiterates Buy Rating on Madison Square Garden Sports
Susquehanna maintains a buy rating on MSGS with a $430 price target, a 13.54% upside from the current price.
Key Points
- Susquehanna reiterated its buy rating on Madison Square Garden Sports Corp. (NYSE: MSGS) with a price target of $430 on June 23, 2026.
- Susquehanna's $430 price target implies 13.54% upside from Madison Square Garden Sports Corp.'s ($MSGS) current $378.73 share price.
- On Friday, MSGS shares traded around $366.05, with a market cap of approximately $9.12 billion and a 52-week range between $188.60 and $397.00.
- Recent insider activity at MSGS includes significant purchases by trusts associated with the Dolan family, and analysts maintain a buy consensus with a target mean price of $398.33.
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Susquehanna has reiterated its buy rating on Madison Square Garden Sports Corp. (NYSE: MSGS) with a price target of $430. This update, made by analyst Joseph Stauff on June 23, 2026, continues to reflect confidence in the company's prospects.
Susquehanna vs. the S&P 500
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Madison Square Garden Sports Corp. Stock Down 2.7%
Shares of NYSE: MSGS traded near $366.05 on Friday. Madison Square Garden Sports Corp. has a market cap of about $9.12 billion. The stock's 52-week low is $188.60, while its high is $397.00, with a 50-day moving average of $356.36 and a 200-day moving average of $284.84. The company shows a forward P/E ratio of -1057.67, reflecting its current unprofitability, and a beta of 0.592, suggesting lower volatility compared to the market.
$MSGS price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Madison Square Garden Sports Corp.
Recent insider transactions at Madison Square Garden Sports include several significant purchases. On June 1, 2026, the Charles Dolan 2009 Family Trust FBO Marianne Dolan Weber acquired 9,700 shares, while the Marianne Dolan Weber 2012 Descendants Trust sold the same amount. Earlier in the year, on February 20, 2026, CEO James Lawrence Dolan purchased 37,406 shares, and the CFD 2021 GC Trust FBO Kevyn Dolan bought 11,000 shares.
Analysts Set New Price Targets
On June 23, 2026, Susquehanna reiterated its buy rating on MSGS with a target price of $430. Earlier, on June 3, 2026, Guggenheim maintained a buy rating with a higher target of $470. The consensus among analysts remains a buy, with a mean target price of approximately $398.33 based on six opinions.
About Madison Square Garden Sports Corp.
Madison Square Garden Sports Corp. operates as a professional sports company in the U.S. It owns the New York Knicks of the NBA and the New York Rangers of the NHL, among other teams. The company also manages the Madison Square Garden Training Center. Based in New York City, it is led by CEO James Lawrence Dolan and employs 514 people.
Bottom Line
Susquehanna's reaffirmation of its buy rating for Madison Square Garden Sports highlights ongoing analyst confidence in the company's potential. Investors often track such ratings for insights into market sentiment. It's important to note that these ratings are based on past performance and expectations, and may not reflect future conditions.
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