No that's not correct. In Rabbinical Judaism, there is NO ONE man called the Messiah. The Jewish collective is the Messiah.
The footnote to Sanhedrin Babylonian Talmud: Tractate Kethuboth Folio 111a Soncino version says
[H]; 'but the more correct reading is [H] (Moore, G.F., Judaism II 361, n. 2). [H] 'frequent in modern Christian books is fictitious' (loc. cit.). The 'sufferings' or 'travail' are more fully described in Sanh. 97b, Sonc. ed. p. 654. These are the 'throes of mother Zion which is in labor to bring forth the Messiah — without metaphor, the Jewish people' (Moore, loc. cit. text).
There are also videos of youtube, of the Rebbe referring to this exact thing. Urging his disciples to accumulate mitzvot so that the temple is restored and Jews be redeemed, he was constantly urging Netanyahu to bring about the "Messiah" where he told him that there are still hours in the day, etc.
This is called the Messianic Redemption
Isiah 14 - When the LORD will have compassion on Jacob and again choose Israel, and settle them in their own land, then strangers will join them and attach themselves to the house of Jacob. The peoples will take them along and bring them to their place, and the house of Israel will possess them as an inheritance in the land of the LORD as male servants and female servants; and they will take their captors captive and will rule over their oppressors.
Remember, Rabbinical Judaism is totally ahistorical. The Messianic Redemption could be today, tomorrow, or 5000 years. History means nothing, the context of Isiah 14 is utterly worthless except as a higher principle.