Motorsport Games Settles Insurance Dispute with Wesco

Motorsport Games ( (MSGM) ) has shared an update.

Motorsport Games Inc. is involved in a legal settlement with Wesco Insurance Company regarding a coverage dispute related to a previous complaint filed by former minority stockholders of 704Games. The settlement, effective June 2, 2025, requires Wesco to pay $800,000 to Driven Lifestyle, the company’s majority shareholder, and dismiss the coverage action with prejudice, resolving the insurance coverage issues.

The most recent analyst rating on (MSGM) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Motorsport Games stock, see the MSGM Stock Forecast page.

Spark’s Take on MSGM Stock

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

The overall score reflects significant financial challenges with persistent losses and high leverage, partially offset by positive technical trends and recent improvements in net income and cash flow. The high P/E ratio suggests overvaluation, and while earnings call highlights provide some optimism, liquidity challenges remain.

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

More about Motorsport Games

Average Trading Volume: 776,117

Technical Sentiment Signal: Buy

Current Market Cap: $17.16M

See more data about MSGM stock on TipRanks’ Stock Analysis page.