Madison Square Garden Entertainment remains a Buy, supported by robust earnings, strong concert lineups, and favorable tourism trends in New York City. MSGE posted 4QFY26 revenue up 26% YoY, with entertainment revenue growing 29% and AOI swinging to $18.6 million from a prior loss. 1QFY27 is expected to be strong, driven by Harry Styles and Bon Jovi residencies, record Christmas Spectacular performances, and Knicks championship spillover.
Madison Air Solutions Corporation (MAIR) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
Madison Air Solutions NYSE: MAIR said it has signed an agreement to acquire ebm-papst, a Germany-based provider of high-performance airflow technology, in a transaction valued at $5.8 billion in total enterprise value.
Madison Square Garden NYSE: MSGS reported fiscal 2026 revenue of $1.15 billion and adjusted operating income of $58.7 million, as the New York Knicks' championship run drove higher ticketing, merchandise, sponsorship and in-arena spending.
Madison Square Garden Sports Corp. reported strong fiscal Q4 results, driven by fan engagement as the New York Knicks won the 2025-26 NBA Championship. Team valuations have continued to rise, and MSGS's planned spin-off of the New York Rangers has helped MSGS stock's valuation. There still isn't an attractive investment case in MSGS stock; investors are taking part in a speculative asset class without being able to cash in through a team sale.
Madison Square Garden Entertainment NYSE: MSGE reported fiscal 2026 revenue of more than $1 billion and adjusted operating income of $262 million, representing year-over-year increases of 13% and 18%, respectively, as the company cited growth across its live entertainment, holiday production, sponsorship and premium hospitality businesses.
It was another active quarter for changes to our investment portfolio. We sold three stocks (SMPL, OSW, and OPCH) and added four new investments (INDI, EXTR, BDC, and MAIR). Indie Semiconductor is an industrial semiconductor company (market capitalization of ~$1 billion) that is largely focused on the automotive market.
Madison Square Garden Entertainment is now more of an earnings-driven story, with valuation upside hinging on operational improvements and event monetization. Fiscal 2027 is a key catalyst, with the Harry Styles residency and expanded Christmas Spectacular expected to drive revenue to $1.115 billion and EBITDA to $280 million. Premium revenue streams—sponsorships, suites, and hospitality—offer compounding growth potential and greater earnings stability than simply increasing event count.
Madison Air Solutions NYSE: MAIR reported second-quarter results marked by double-digit sales growth, a record backlog and higher full-year revenue guidance, as demand remained strong across commercial markets including data centers, healthcare, advanced manufacturing and institutional applications.
A leaked dossier exposes the private data of prominent digital rights activists who publicly criticized the company's facial recognition technology.
Initiating Madison Air Solutions (MAIR) at buy, driven by robust structural demand for mission-critical air solutions beyond traditional HVAC cycles. MAIR's Commercial segment benefits from AI-driven data center growth, with Q1 2026 organic sales up 17.2% and backlog surging 125% year-over-year. AprilAire acquisition strengthens Residential portfolio, targeting higher revenue per job and reducing reliance on equipment replacement cycles.
Taxi industry mogul Andrew Murstein hailed a ride to Leonard Stern's 667 Madison Ave., joining an array of elite tenants at the boutique office tower.