Wolfe Research has downgraded Madison Square Garden Entertainment Corp (MSGE) to Peer Perform from Outperform as of December 14, 2025. The current share price stands at $52.71.
This downgrade reflects increased caution regarding the company's outlook, potentially influenced by competitive pressures, market conditions, or execution risks that could affect performance. Madison Square Garden Entertainment Corp operates in the media industry, providing entertainment services through venues such as New York's Madison Square Garden and Radio City Music Hall. The company employs 1,200 full-time staff and went public on April 17, 2023.
As of December 11, 2025, MSGE has a market capitalization of $2.5 billion, a trailing twelve-month price-to-earnings ratio of 71.73, and earnings per share of $0.70. Upcoming earnings are scheduled for February 5, 2026, with an estimated EPS of $2.77 and revenue of $457.4 million.
Analyst consensus indicates a Buy rating, with 5 Strong Buy, 6 Buy, and 3 Hold recommendations. Recent analyst actions include Wolfe Research's downgrade, alongside maintained ratings from Susquehanna, JP Morgan, and Goldman Sachs over the past 90 days.