Madison Square Garden Entertainment best idea for 2025 at Guggenheim
The brokerage expects near double-digit adjusted operating income growth for fiscal 2025 despite recent guidance revisions linked to event timing. Shares of MSGE have fallen about 23% since its fiscal first-quarter results, but Guggenheim remains optimistic about a recovery in the second half of the year and stronger growth in fiscal 2026 and 2027.
Further upside could come from potential developments around Penn Station, with reports indicating President-elect Trump has discussed infrastructure projects with New York Governor Kathy Hochul. The sale of MSGE’s Hulu Theater, valued at several hundred million dollars, could unlock additional shareholder value.
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