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SPHR Stock Chart & Stats
$136.26
$2.95(2.21%)
At close: 4:00 PM EDT
$136.26
$2.95(2.21%)
Day’s Range― - ―
52-Week Range$39.52 - $181.63
Previous Close$136.26
Volume465.57K
Average Volume (3M)665.34K
Market Cap
$5.74B
Enterprise Value$6.62K
Total Cash (Recent Filing)$521.26M
Total Debt (Recent Filing)$961.46M
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Nov 10, 2026EPS Estimate
-1.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.29
Shares Outstanding29,046,852
10 Day Avg. Volume530,136
30 Day Avg. Volume665,340
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$179.08Price Target Upside31.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)-2.34
Revenue Forecast (FY)$1.37B
Bulls Say, Bears Say
Bulls Say
Return To ProfitabilityThe return to positive net income indicates that Sphere's operating model can generate earnings after a difficult period. While consistency remains unproven, renewed profitability provides a stronger foundation for funding venue operations and future content investments.
Debt ReductionMaterial deleveraging improves financial flexibility and reduces the burden of interest and refinancing risk. A healthier balance sheet gives Sphere greater capacity to withstand uneven event demand and invest in its venue and proprietary entertainment platform.
Immersive Venue ModelSphere combines multiple revenue streams around a differentiated immersive venue, allowing attendance to support ticketing, premium services, advertising, and content monetization. This integrated model can deepen customer engagement and improve revenue per visitor as programming scales.
Bears Say
Revenue DeclineThe latest top-line contraction raises concern about demand durability and the consistency of event cadence at Sphere. Sustained revenue growth is important because the venue carries substantial fixed operating and content costs that require reliable utilization.
Volatile Cash FlowCash generation has rebounded, but its historical volatility suggests uneven earnings conversion and potentially lumpy capital requirements. This can complicate long-term planning, especially while the company develops content and operates a capital-intensive venue.
Low Return On EquityLow and previously negative returns indicate that the company is not yet generating strong earnings from its substantial equity base. This weakens confidence that the recent turnaround reflects durable operating performance rather than an early-stage recovery.
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 $39.52 and its highest was $181.63 in the past 12 months.
What is Sphere Entertainment Co.’s market cap?
Sphere Entertainment Co.’s market cap is $5.74B.
When is Sphere Entertainment Co.’s upcoming earnings report date?
Sphere Entertainment Co.’s upcoming earnings report date is Nov 10, 2026 which is in 81 days.
How were Sphere Entertainment Co.’s earnings last quarter?
Sphere Entertainment Co. released its earnings results on Jul 30, 2026. The company reported -$1.07 earnings per share for the quarter, beating the consensus estimate of -$1.509 by $0.439.
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 -1.47.
How many shares outstanding does Sphere Entertainment Co. have?
Sphere Entertainment Co. has 29,046,852 shares outstanding.
What happened to Sphere Entertainment Co.’s price movement after its last earnings report?
Sphere Entertainment Co. reported an EPS of -$1.07 in its last earnings report, beating expectations of -$1.509. Following the earnings report the stock price went up 5.814%.
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
Outperform
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$179.08 (31.43% Upside)
$179.08 (31.43% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 60%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 868.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 4.5%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
201.72%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-3.88%
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
Q2 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
$179.08
▲(31.43% 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
4.84% Insiders
25.36% Mutual Funds
19.29% Other Institutional Investors
24.12% Public Companies and
Individual Investors