Madison Square Garden Exec Departure Announced

Tip Ranks
2025.11.13 22:31
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Madison Square Garden Entertainment Corp. announced the departure of Layth Taki, Senior VP, Controller & Principal Accounting Officer, effective November 14, 2025. His departure is not due to disagreements over accounting practices. David J. Collins will temporarily assume Taki’s responsibilities. MSGE stock is rated Hold with a $53.00 price target. Spark’s AI Analyst rates MSGE as Neutral, citing strong technical momentum but challenges in profitability.

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Madison Square Garden Entertainment Corp. ( (MSGE) ) has provided an announcement.

On November 7, 2025, Madison Square Garden Entertainment Corp. announced the departure of Layth Taki, the Senior Vice President, Controller & Principal Accounting Officer, effective November 14, 2025. His departure is not due to any disagreements over accounting practices or financial disclosures. David J. Collins, the Executive Vice President and Chief Financial Officer, will temporarily assume Taki’s responsibilities until a replacement is found.

The most recent analyst rating on (MSGE) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Madison Square Garden Entertainment Corp. stock, see the MSGE Stock Forecast page.

Spark’s Take on MSGE Stock

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

Madison Square Garden Entertainment Corp. receives a score of 64, driven by strong technical momentum and positive earnings call highlights. However, the high P/E ratio and challenges in profitability weigh on the overall score. The company’s robust cash flow and stable balance sheet provide a solid foundation, but improvements in profitability and valuation are needed for a higher score.

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

More about Madison Square Garden Entertainment Corp.

Madison Square Garden Entertainment Corp. operates in the entertainment industry, focusing on live experiences and events, including concerts and sports, at iconic venues.

Average Trading Volume: 367,009

Technical Sentiment Signal: Buy

Current Market Cap: $2.29B

Learn more about MSGE stock on TipRanks’ Stock Analysis page.