MSGK
Madison Square Garden Sports Corp.
MSGK has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over MSGK overall, supported by stronger fundamentals and stronger modeled upside.
MSGK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Weak |
MSGK's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
MSGK PE Valuation
MSGK has no meaningful PE right now: it lost money over the past year.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
MSGK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect MSGK's losses to shrink, with revenue holding steady.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over MSGK on the outlook, with more favorable revenue expectations.
MSGK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.24 | +$0.94 |
| Q1 2026 | -$0.71 | -518% |
| Q4 2025 | -$0.53 | -130% |
| Q3 2025 | -$0.75 | -134% |
| Q2 2025 | -$0.70 | -138% |
| Q1 2025 | $0.17 | -77% |
| Q4 2024 | $1.79 | +50% |
| Q3 2024 | $2.20 | +59% |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 66% for MSGK versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
MSGK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $45.5M | +15% |
| Q2 2026 | $278.7M | +37% |
| Q1 2026 | $432.2M | +1.9% |
| Q4 2025 | $403.4M | +13% |
| Q3 2025 | $39.5M | -26% |
| Q2 2025 | $204M | -10% |
| Q1 2025 | $424.2M | -1.3% |
| Q4 2024 | $357.8M | +9.4% |
MSGK's revenue is recovering but still below its 2019 peak: $45M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -56% | +14 points |
| Q2 2026 | 12% | +23 points |
| Q1 2026 | 0.5% | -7.2 points |
| Q4 2025 | 5.5% | +1.8 points |
| Q3 2025 | -70% | -54 points |
| Q2 2025 | -11% | -34 points |
| Q1 2025 | 7.6% | -11 points |
| Q4 2024 | 3.7% | -5.1 points |
MSGK's operating margin was −56% last quarter, up 14 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over MSGK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over MSGK on profitability, with a higher operating margin.
MSGK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$146.9M | -$61.6M |
| Q2 2026 | $57.6M | +17% |
| Q1 2026 | $57.4M | +1369% |
| Q4 2025 | $31.6M | -48% |
| Q3 2025 | -$85.3M | -$58.8M |
| Q2 2025 | $49.4M | -54% |
| Q1 2025 | $3.9M | -0.9% |
| Q4 2024 | $61.2M | +84% |
MSGK's free cash flow was −$353,000 over the past year, against $29M the year before.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over MSGK on cash generation, producing positive trailing cash flow while its opponent burns cash.
MSGK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +113K shares |
| 1 year | +0.7% | +216K shares |
| 3 years | +0.2% | +77K shares |
| 5 years | +0.5% | +163K shares |
| Available history | -28% | -12.4M shares |
MSGK has 32M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2020 | $330,000 |
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over MSGK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
MSGK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.6x | High |
| Q2 2026 | 2.9x | Moderate |
| Q4 2025 | 27.0x | High |
| Q2 2025 | 8.1x | High |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 1.6x | Healthy |
| Q2 2024 | 1.5x | Healthy |
MSGK's net debt is about 7.6 years of its operating earnings (EBITDA), up from 2.1 years a year ago.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over MSGK on leverage, with a lower net debt burden relative to earnings.
MSGK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.2 | Neutral |
| Stochastic | 64.3 | Neutral |
MSGK's weekly RSI is 66 (neutral) and its Stochastic is 64 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
MSGK PE vs Communication Services Sector
| Metric | MSGK | Sector median | Relative |
|---|---|---|---|
| PE | 1,299x | 16x | 7,775% above |
| PE % | 100 | 26 | 74 pts above |
MSGK has no meaningful PE right now: it lost money over the past year.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT has the edge over MSGK on valuation relative to its sector.
MSGK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $305.3 | 3.1% above |
| 20 week MA | $300.6 | 4.8% above |
| 50 week MA | $262.3 | 20% above |
| 100 week MA | $208.7 | 51% above |
| 200 week MA | $176.3 | 79% above |
MSGK has stronger trend alignment. MSGK is above 5 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
MSGK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $110.7 | $133.5 | +21% |
| 2021 | $133.5 | $131.1 | -1.8% |
| 2022 | $131.1 | $136.7 | +4.3% |
| 2023 | $136.7 | $136.9 | +0.2% |
| 2024 | $136.9 | $166.5 | +22% |
| 2025 | $166.5 | $195.9 | +18% |
| 2026 YTD | $195.9 | $314.9 | +61% |
MSGK has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.