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Sphere Entertainment (SPHR)
NYSE:SPHR
SPHR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$23.89 - $68.00
Previous CloseN/A
Volume97.48K
Average Volume (3M)1.39M
Market Cap
$2.27B
Enterprise Value$2.52B
Total Cash (Recent Filing)$368.93M
Total Debt (Recent Filing)$1.02B
Price to Earnings (P/E)―
Beta1.75
Next Earnings
Nov 05, 2025EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding29,132,664
10 Day Avg. Volume1,151,501
30 Day Avg. Volume1,385,600
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.60
Price to Sales (P/S)1.41
P/FCF Ratio-4.67
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue2.30
Enterprise Value/Gross Profit6.02
Enterprise Value/Ebitda7.81
Forecast
1Y Price Target
$55.11Price Target Upside-12.48% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSphere Entertainment delivered generally better consolidated financial results for 2Q25, with total adjusted operating income of $61mn ahead of the $49mn estimate.
Growth OpportunitiesThe expected sales boost from the Wizard of Oz starting in the fourth quarter is a significant driver for raising the price target.
Revenue GrowthRevenue at the Sphere segment was driven by a mix of original content, residency concerts, corporate takeovers, sponsorships, signage, suite licenses, and Exosphere campaigns.
Bears Say
Business Model RisksSphere remains a single-asset story with a business model that benefits from the unique tourist ecosystem of Las Vegas but has limited scalability.
Market ChallengesLas Vegas visitation has been meaningfully lower, raising concerns that Sphere's decision to increase ticket prices may face headwinds if consumers remain under pressure.
Revenue DeclineDeclines in Sphere Experience and sponsorship/advertising revenues underscore the fragility of these revenue streams.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment’s price range in the past 12 months?
Sphere Entertainment lowest stock price was $23.89 and its highest was $68.00 in the past 12 months.
What is Sphere Entertainment’s market cap?
Sphere Entertainment’s market cap is $2.27B.
When is Sphere Entertainment’s upcoming earnings report date?
Sphere Entertainment’s upcoming earnings report date is Nov 05, 2025 which is in 29 days.
How were Sphere Entertainment’s earnings last quarter?
Currently, no data Available
Is Sphere Entertainment overvalued?
According to Wall Street analysts Sphere Entertainment’s price is currently Overvalued.
Does Sphere Entertainment pay dividends?
Sphere Entertainment does not currently pay dividends.
What is Sphere Entertainment’s EPS estimate?
Sphere Entertainment’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Sphere Entertainment have?
Sphere Entertainment has 29,132,664 shares outstanding.
What happened to Sphere Entertainment’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Sphere Entertainment?
Currently, no hedge funds are holding shares in SPHR
Sphere Entertainment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$55.11 (-12.48% Downside)
$55.11 (-12.48% Downside)
Blogger Sentiment
Bullish
SPHR Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 721.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 3.3%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.27%
12-Months-Change
Fundamentals
Return on Equity
-2.03%
Trailing 12-Months
Asset Growth
-14.01%
Trailing 12-Months
Company Description
Sphere Entertainment
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.
SPHR Earnings Call
Q2 2025
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
$55.11
▼(-12.48% Downside)
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
4.36% Insiders
28.60% Mutual Funds
0.68% Other Institutional Investors
50.02% Public Companies and Individual Investors