Madison Square Garden Sports (MSGS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.16
- Estimate
- $0.63
- Surprise
- +84.1%
- Revenue (period 2026-06-30)
- $278.7M
- Score at report (before → after)
- 4.3 → 6.2/10
Revenue source: xbrl.
How the report landed
Madison Square Garden Sports (MSGS) beat the $0.63 estimate with adjusted EPS of $1.16 — a large 84.1% upside surprise. TrendMatrix's engine moved from Sell (4.3/10) to Hold at 6.2/10 after the report.
Coverage in the report window
- Madison Square Garden Sports Files Form 10 For Proposed Rangers Spin-Off, Expects Completion By End Of October 2026 — benzinga, 2026-08-14
- JP Morgan Maintains Overweight on Madison Square Garden, Raises Price Target to $485 — benzinga, 2026-08-14
- Susquehanna Maintains Positive on Madison Square Garden, Raises Price Target to $477 — benzinga, 2026-08-14
Where TrendMatrix's rating stands now
TrendMatrix currently rates MSGS Sell at 6.0/10.
1 of the last 4 quarters beat the estimate; this quarter's +84.1% surprise compares with a -71.9% four-quarter average. Next scheduled report: 2026-10-30.
What supports the rating
- Strong growth profile
- Positive insider activity
What argues against it
- Thin upside margin: 8.0%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4)
- Sector modifier (Communication Services): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $387.19
- Price target
- $418.18
- Stop
- $369.94
- Upside to target
- +8.0%
- Reward-to-risk
- 1.3:1
Risk check: RSI 27 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
MSGS at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Entertainment
- Market cap
- $9.74B
- P/E (fwd)
- -889.1
- P/E (ttm)
- 1264.6
- 52-week range
- $207.90–$438.93
- Off 52-week high
- 11.8%
- RSI (14)
- 27
- Volume vs avg
- 0.97×
- Score today
- 6.0/10