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The latest update is out from Sphere Entertainment ( (SPHR) ).
On July 25, 2025, Sphere Entertainment Group, a subsidiary of Sphere Entertainment Co., finalized agreements with the Department of Culture and Tourism – Abu Dhabi to construct and operate the second Sphere venue in Abu Dhabi. The agreements grant DCT exclusive rights to build and operate Sphere venues in the Middle East and North Africa for at least 10 years, with Sphere Entertainment Group receiving fees and royalties based on intellectual property usage and venue revenues.
The most recent analyst rating on (SPHR) stock is a Buy with a $57.00 price target. To see the full list of analyst forecasts on Sphere Entertainment stock, see the SPHR Stock Forecast page.
Spark’s Take on SPHR Stock
According to Spark, TipRanks’ AI Analyst, SPHR is a Neutral.
Sphere Entertainment’s stock score is primarily driven by its financial challenges, including negative profitability and cash flow inefficiencies. However, positive technical momentum provides some support, indicating potential upside in the short term. The valuation remains unattractive due to negative earnings, limiting the overall score.
To see Spark’s full report on SPHR stock, click here.
More about Sphere Entertainment
Sphere Entertainment Co. operates in the entertainment industry, focusing on innovative venue experiences. The company is known for its Sphere venues, which offer immersive entertainment experiences, and it is expanding its market presence in the Middle East and North Africa.
Average Trading Volume: 691,267
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.57B
Learn more about SPHR stock on TipRanks’ Stock Analysis page.