SPHR Stock Chart & Stats
$1880.21
$0.00(0.00%)
At close: 4:00 PM EDT
$1880.21
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$696.01 - $2,046.79
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$87.37B
Enterprise Value$4.90K
Total Cash (Recent Filing)$521.26M
Total Debt (Recent Filing)$961.46M
Price to Earnings (P/E)152.7
Beta0.56
Next Earnings
Jul 30, 2026EPS Estimate
-26.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.93
Shares Outstanding28,925,450
10 Day Avg. Volume0
30 Day Avg. Volume0
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$3,122.33Price Target Upside66.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)-44.98
Revenue Forecast (FY)$23.84B
Bulls Say, Bears Say
Bulls Say
Profitability Recovery & MarginsSphere reported a meaningful profitability inflection with strong gross and EBITDA margins and positive operating and free cash flow. Durable margin levels indicate structural pricing power across venue and network operations, which supports reinvestment, content spend, and longer-term self-funding of growth initiatives.
Cash Flow ReboundA sustained ability to generate positive operating and free cash flow materially improves financial flexibility for Sphere. Consistent cash conversion supports debt reduction, funds capex for venue and content, and reduces reliance on external financing—key for a capital-intensive live-entertainment model over the next several quarters.
Strategic DTC Distribution PartnershipThe DAZN exclusivity for MSG and YES is a structural distribution shift to a global DTC platform. It secures a modern streaming outlet, broadens reach and monetization options, and reduces single-channel distribution risk—supporting more stable affiliate and advertising revenue profiles over upcoming seasons.
Bears Say
Top-line WeaknessAn ~8% revenue decline raises questions about sustainable demand for Sphere's core offerings. For a business with high fixed costs (venues, production, rights), falling revenue can quickly compress margins and restrain reinvestment capacity, making multi-period growth recovery and predictable cash generation harder.
Earnings & Cash-Flow VolatilityLarge swings in free cash flow and earnings history increase forecasting risk and financing uncertainty. Volatility undermines the reliability of the recent turnaround, complicates capital allocation and planning for expensive venue operations, and raises the chance management must cut investment or re-lever during downturns.
Business Model Concentration & Demand SensitivitySphere's economics rely heavily on attendance, premium hospitality, sponsorship sales and regional network distribution. That concentration makes revenue and cash generation sensitive to discretionary consumer spending, event scheduling, and carriage dynamics—structural exposures that can persist across several quarters.
SPHR FAQ
What was Sphere Entertainment Co.’s price range in the past 12 months?
Sphere Entertainment Co. lowest stock price was $696.01 and its highest was $2046.79 in the past 12 months.
What is Sphere Entertainment Co.’s market cap?
Sphere Entertainment Co.’s market cap is $87.37B.
When is Sphere Entertainment Co.’s upcoming earnings report date?
Sphere Entertainment Co.’s upcoming earnings report date is Jul 30, 2026 which is tomorrow.
How were Sphere Entertainment Co.’s earnings last quarter?
Sphere Entertainment Co. released its earnings results on Feb 12, 2026. The company reported $21.455 earnings per share for the quarter, beating the consensus estimate of -$4.099 by $25.554.
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 -26.32.
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 $21.455 in its last earnings report, beating expectations of -$4.099. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Sphere Entertainment Co.?
Currently, no hedge funds are holding shares in MX: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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Analyst Consensus
Strong Buy
Average Price Target:
$3,122.33 (66.06% Upside)
$3,122.33 (66.06% Upside)
Blogger Sentiment
Bullish
MX:SPHR Sentiment 70%
Sector Average ―
Sector Average ―
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
-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 Stock 12 Month Forecast
Average Price Target
$3,122.33
▲(66.06% Upside)








