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Madison Square Garden Sports Redomesticates to Nevada

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Madison Square Garden Sports Redomesticates to Nevada

Confident Investing Starts Here:

Madison Square Garden Sports ( (MSGS) ) just unveiled an announcement.

On June 10, 2025, Madison Square Garden Sports held a Special Meeting where stockholders voted on a proposal to redomesticate the company from Delaware to Nevada. The proposal was approved by both Class A and Class B stockholders, who voted together as a single class, with a significant majority in favor.

The most recent analyst rating on (MSGS) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Madison Square Garden Sports stock, see the MSGS Stock Forecast page.

Spark’s Take on MSGS Stock

According to Spark, TipRanks’ AI Analyst, MSGS is a Neutral.

The overall stock score of 53 reflects significant financial performance challenges due to high leverage and negative equity, despite strong revenue growth. The valuation is concerning due to a very high P/E ratio. Technical analysis suggests limited momentum, contributing to a cautious outlook.

To see Spark’s full report on MSGS stock, click here.

More about Madison Square Garden Sports

Average Trading Volume: 150,244

Technical Sentiment Signal: Hold

Current Market Cap: $4.62B

For a thorough assessment of MSGS stock, go to TipRanks’ Stock Analysis page.

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