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Madison Square Garden Sports price target raised on strong Q4 results and Knicks' NBA win

Company Fundamentals
14 Aug 2026
Tony Dante
View Source
Bullish
Madison Square Garden Sports price target raised on strong Q4 results and Knicks' NBA win

Seaport Global raised the price target for Madison Square Garden Sports Corp. to $473, reflecting a 17.13% potential upside. The company reported strong fiscal Q4 results with earnings per share of $1.19, beating estimates of $0.72, and revenue rising to $278.7 million. This performance reversed last year's operating loss to an adjusted operating income of $39.6 million, driven largely by the New York Knicks' 2025-26 NBA Championship win, which boosted ticket, merchandise, and sponsorship revenues. The positive outlook highlights the impact of team success on the company's financial health and stock value.

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