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SPHR Stock Chart & Stats
$135.67
-$1.16(-2.77%)
At close: 4:00 PM EST
$135.67
-$1.16(-2.77%)
Day’s Range― - ―
52-Week Range$37.89 - $174.60
Previous CloseN/A
Volume97.48K
Average Volume (3M)727.06K
Market Cap
$5.86B
Enterprise Value$5.79B
Total Cash (Recent Filing)$630.15M
Total Debt (Recent Filing)$938.37M
Price to Earnings (P/E)48.2
Beta1.65
Next Earnings
Aug 17, 2026EPS Estimate
-1.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.15
Shares Outstanding28,925,450
10 Day Avg. Volume735,041
30 Day Avg. Volume727,056
Financial Highlights & Ratios
PEG Ratio-1.60
Price to Book (P/B)2.79
Price to Sales (P/S)5.12
P/FCF Ratio32.68
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit9.05
Enterprise Value/Ebitda10.57
Forecast
1Y Price Target
$169.70Price Target Upside25.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)-2.46
Revenue Forecast (FY)$1.37B
Bulls Say, Bears Say
Bulls Say
Improved Profitability & MarginsSphere’s 2026 turnaround to positive net income with ~52% gross and ~38% EBITDA margins indicates persistent pricing power and operational leverage across venue and network operations. Durable margins provide a buffer to absorb demand variability and support reinvestment in content and venue capabilities over months.
Stronger Cash Generation And Lower LeverageMaterial cash-flow improvement and a substantial reduction in total debt enhance financial flexibility. Positive FCF and lower leverage reduce refinancing risk and free capital for strategic investments in programming, hospitality, or advertising inventory, supporting sustainable operations and execution over the next several quarters.
Unique Venue + Proprietary Content EcosystemThe company’s integrated model — a one-of-a-kind large-format immersive venue plus proprietary content and an established regional network business — creates differentiated revenue channels (tickets, premium hospitality, advertising). That ecosystem is hard to replicate and supports durable competitive positioning.
Bears Say
Top-line WeaknessAn ~8% revenue decline in 2026 undermines confidence in sustainability of recent profitability gains. For a model tied to event cadence and venue utilization, continued top-line pressure would erode operating leverage and could force trade-offs between pricing, programming investment, and margin preservation over coming quarters.
Volatile Earnings And Cash FlowHistoric swings in earnings and FCF reflect the lumpy nature of live-event scheduling, episodic content spend and distribution variability. This volatility complicates forecasting, capital allocation and creditor confidence, increasing the risk that one or two weak periods could stress liquidity or derail reinvestment plans.
Low Returns On EquityDespite deleveraging and cash improvement, ROE remains very low, signaling limited efficiency in converting equity into returns. A large equity base with modest returns raises questions about long-term capital allocation and shareholder value creation unless sustained higher profitability and revenue growth follow.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment Co.’s price range in the past 12 months?
Sphere Entertainment Co. lowest stock price was $37.89 and its highest was $174.60 in the past 12 months.
What is Sphere Entertainment Co.’s market cap?
Sphere Entertainment Co.’s market cap is $5.86B.
When is Sphere Entertainment Co.’s upcoming earnings report date?
Sphere Entertainment Co.’s upcoming earnings report date is Aug 17, 2026 which is in 41 days.
How were Sphere Entertainment Co.’s earnings last quarter?
Sphere Entertainment Co. released its earnings results on Feb 12, 2026. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of -$0.235 by $1.465.
Is Sphere Entertainment Co. overvalued?
According to Wall Street analysts Sphere Entertainment Co.’s price is currently Undervalued.
Does Sphere Entertainment Co. pay dividends?
Sphere Entertainment Co. does not currently pay dividends.
What is Sphere Entertainment Co.’s EPS estimate?
Sphere Entertainment Co.’s EPS estimate is -1.39.
How many shares outstanding does Sphere Entertainment Co. have?
Sphere Entertainment Co. has 28,925,450 shares outstanding.
What happened to Sphere Entertainment Co.’s price movement after its last earnings report?
Sphere Entertainment Co. reported an EPS of $1.23 in its last earnings report, beating expectations of -$0.235. Following the earnings report the stock price went up 22.068%.
Which hedge fund is a major shareholder of Sphere Entertainment Co.?
Currently, no hedge funds are holding shares in SPHR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Sphere Entertainment Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$169.70 (25.08% Upside)
$169.70 (25.08% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 868.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.5%
Last 30 Days ▲ 22.6%
Last 30 Days ▲ 22.6%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
285.47%
12-Months-Change
Fundamentals
Return on Equity
5.36%
Trailing 12-Months
Asset Growth
-5.06%
Trailing 12-Months
Company Description
Sphere Entertainment Co.
Sphere Entertainment Co. is a prominent player in the entertainment sector, specializing in orchestrating, staging, and hosting a diverse array of live events. This encompasses musical concerts, family-oriented productions, and unique special occasions, alongside a variety of athletic competitions. Its sports programming includes professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports tournaments, and wrestling matches. These events are primarily hosted across its esteemed venues such as The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, as well as The Chicago Theatre. Furthermore, Sphere Entertainment manages a substantial network of 70 entertainment, dining, and nightlife establishments, which are distributed across 20 global markets on five continents under renowned brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia. The company also oversees the creation and operation of a leading music festival in New England. A highlight of its offerings is the iconic Radio City Rockettes, who are central to the celebrated Christmas Spectacular held annually at Radio City Music Hall. Previously known as Madison Square Garden Entertainment Corp., the organization adopted its current name, Sphere Entertainment Co., in April 2023. Established in 2006, the company maintains its headquarters in New York, New York.
SPHR Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call demonstrated strong growth and expansion plans, particularly in the Sphere segment and new projects like Sphere Abu Dhabi and The Wizard of Oz. However, challenges such as a drop in MSG Networks revenues, lower revenues from Sphere Experience, and concerns over Las Vegas visitation pose significant hurdles.View all SPHR earnings summariesSPHR Stock 12 Month Forecast
Average Price Target
$169.70
▲(25.08% Upside)
Technical Analysis
Cinemark Holdings
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IMAX
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Iqiyi
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Lionsgate Studios
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Madison Square Garden Entertainment Corp.
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Ownership Overview
4.86% Insiders
25.46% Mutual Funds
0.07% Other Institutional Investors
43.28% Public Companies and
Individual Investors