Madison Square Garden Sports (MSGS) Q2 2026 earnings — TrendMatrix coverage

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.

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.

• 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

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.

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.

Current price

$402.84

Price target

$418.18

Stop

$385.00

Upside to target

+3.8%

Reward-to-risk

0.6:1

Model outputs from TrendMatrix’s engine as of 2026-09-26 — shown for context, not personalized investment advice.

Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.

Industry

Entertainment

Market cap

$9.69B

P/E (fwd)

-2098.5

P/E (ttm)

1257.8

52-week range

$207.90–$438.93

Off 52-week high

8.2%

RSI (14)

66

Volume vs avg

0.67×

Score today

6.0/10