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SPHR Stock Chart & Stats
$157.40
$2.95(2.21%)
At close: 4:00 PM EDT
$157.40
$2.95(2.21%)
Day’s Range― - ―
52-Week Range$58.18 - $181.63
Previous Close$136.26
Volume465.57K
Average Volume (3M)769.42K
Market Cap
$3.73B
Enterprise Value$6.62B
Total Cash (Recent Filing)$521.26M
Total Debt (Recent Filing)$961.46M
Price to Earnings (P/E)―
Beta1.57
Next Earnings
Nov 10, 2026EPS Estimate
-1.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.29
Shares Outstanding29,046,852
10 Day Avg. Volume1,366,810
30 Day Avg. Volume769,416
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 Cap1.77
Enterprise Value/Revenue4.88
Enterprise Value/Gross Profit8.99
Enterprise Value/Ebitda34.49
Forecast
1Y Price Target
$160.40Price Target Upside1.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-2.52
Revenue Forecast (FY)$1.35B
Bulls Say, Bears Say
Bulls Say
DeleveragingMaterial debt reduction improves financial flexibility and lowers the balance-sheet burden supporting Sphere’s venue strategy. A stronger capital structure can provide greater capacity to fund operations, absorb event-related variability, and pursue growth without relying as heavily on additional borrowing.
Cash-flow ReboundThe return to positive operating and free cash flow demonstrates that the business generated meaningful cash in the latest annual period. This supports internal funding for venue operations and investment, while also improving financial resilience compared with the prior year’s cash deficit.
Improved ProfitabilityThe move from a deep loss to positive net income, combined with strong gross and EBITDA margins, indicates improved economics in the latest period. If maintained, this profitability can strengthen cash generation, support reinvestment, and enhance the operating leverage of Sphere’s venue model.
Bears Say
Revenue ContractionA top-line decline is a fundamental concern for a venue-driven business because utilization, event demand, and related guest spending underpin multiple revenue streams. Continued contraction could reduce operating leverage and make it harder for recent margin and earnings improvements to persist.
Uneven Cash ConversionAlthough cash flow turned positive, the sharp year-over-year decline and wide historical swings show that earnings do not yet convert into cash consistently. Uneven cash generation can complicate capital planning and leave the company more exposed to lumpy venue investment needs.
Low Returns And Earnings VolatilityLow current returns on a sizable equity base, together with prior negative returns and repeated losses, indicates that the improved 2026 earnings power remains unproven. This history reduces confidence that profitability will compound durably across changing event and operating conditions.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment’s price range in the past 12 months?
Sphere Entertainment lowest stock price was $58.18 and its highest was $181.63 in the past 12 months.
What is Sphere Entertainment’s market cap?
Sphere Entertainment’s market cap is $3.73B.
When is Sphere Entertainment’s upcoming earnings report date?
Sphere Entertainment’s upcoming earnings report date is Nov 10, 2026 which is in 24 days.
How were Sphere Entertainment’s earnings last quarter?
Sphere Entertainment 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 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 -1.58.
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 -$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?
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$160.40 (1.91% Upside)
$160.40 (1.91% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 75%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 528.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
76.50%
12-Months-Change
Fundamentals
Return on Equity
-3.17%
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 SPHR earnings summariesSPHR Stock 12 Month Forecast
Average Price Target
$160.40
▲(1.91% Upside)
Technical Analysis
Cinemark Holdings
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IMAX
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Live Nation Entertainment
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AMC Entertainment
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Madison Square Garden Entertainment Corp.
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Ownership Overview
4.64% Insiders
25.36% Mutual Funds
5.31% Other Institutional Investors
36.60% Public Companies and
Individual Investors