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$1,008.01 - $2,271.11
Previous CloseN/A
Volume0.00
Average Volume (3M)6.00
Market Cap
$87.46B
Enterprise Value$6.62K
Total Cash (Recent Filing)$521.26M
Total Debt (Recent Filing)$961.46M
Price to Earnings (P/E)―
Beta0.22
Next Earnings
Nov 10, 2026EPS Estimate
-24.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.29
Shares Outstanding29,046,852
10 Day Avg. Volume20
30 Day Avg. Volume6
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
$3,046.91Price Target Upside62.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)-39.59
Revenue Forecast (FY)$23.13B
Bulls Say, Bears Say
Bulls Say
Improved ProfitabilityThe return to profitability, supported by strong gross and EBITDA margins, indicates improved operating economics in the latest period. If these margins remain sustainable across Sphere’s venue and content activities, they can provide greater capacity to fund growth and strengthen financial resilience.
Positive Cash GenerationPositive operating and free cash flow demonstrate that the business generated cash after operating needs and capital investment in 2026. This improves internal funding capacity, supports debt reduction, and gives management more flexibility to invest in venues, content, and future entertainment initiatives.
Reduced LeverageThe substantial reduction in debt and leverage improves the company’s financial flexibility and reduces the burden associated with servicing obligations. A stronger balance sheet can help Sphere Entertainment absorb operating variability and retain more capacity for strategic investment over the next several quarters.
Bears Say
Revenue ContractionA top-line decline signals weakening recent demand or lower activity across the company’s operating segments, even as profitability improved. Sustained revenue contraction could limit operating leverage, reduce the scale of future cash generation, and make it harder to support long-term expansion.
Volatile Financial PerformanceLarge swings in earnings and free cash flow make the company’s financial performance less predictable and complicate planning for investment, debt service, and shareholder returns. This volatility reduces confidence that the latest improvement represents a durable earnings and cash-generation trajectory.
Low Returns On EquityVery low current returns on equity, combined with negative prior-year returns, show that the company is not yet producing strong earnings relative to its equity base. This weak capital efficiency tempers the benefit of the improved balance sheet and leaves the turnaround unproven.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment’s price range in the past 12 months?
Sphere Entertainment lowest stock price was $1008.01 and its highest was $2271.11 in the past 12 months.
What is Sphere Entertainment’s market cap?
Sphere Entertainment’s market cap is $87.46B.
When is Sphere Entertainment’s upcoming earnings report date?
Sphere Entertainment’s upcoming earnings report date is Nov 10, 2026 which is in 58 days.
How were Sphere Entertainment’s earnings last quarter?
Sphere Entertainment released its earnings results on Jul 30, 2026. The company reported -$18.158 earnings per share for the quarter, beating the consensus estimate of -$25.608 by $7.45.
Is Sphere Entertainment overvalued?
According to Wall Street analysts Sphere Entertainment’s price is currently Undervalued.
Does Sphere Entertainment pay dividends?
Sphere Entertainment does not currently pay dividends.
What is Sphere Entertainment’s EPS estimate?
Sphere Entertainment’s EPS estimate is -24.88.
How many shares outstanding does Sphere Entertainment have?
Sphere Entertainment has 29,046,852 shares outstanding.
What happened to Sphere Entertainment’s price movement after its last earnings report?
Sphere Entertainment reported an EPS of -$18.158 in its last earnings report, beating expectations of -$25.608. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Sphere Entertainment?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$3,046.91 (62.05% Upside)
$3,046.91 (62.05% Upside)
Blogger Sentiment
Bullish
MX:SPHR Sentiment 60%
Sector Average 58%
Sector Average 58%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
151.93%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-3.88%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Sphere Entertainment
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 MX:SPHR earnings summariesSPHR Stock 12 Month Forecast
Average Price Target
$3,046.91
▲(62.05% Upside)