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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$44.06 - $181.63
Previous Close$136.26
Volume465.57K
Average Volume (3M)665.34K
Market Cap
$5.09B
Enterprise Value$6.62K
Total Cash (Recent Filing)$521.26M
Total Debt (Recent Filing)$961.46M
Price to Earnings (P/E)―
Beta1.53
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
$178.18Price Target Upside13.20% 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 Profitability With Strong MarginsThe return to positive net income, alongside gross and EBITDA margins above 50% and 35%, indicates improved operating economics. If sustained, this profitability base can support reinvestment in Sphere and reduce reliance on external financing.
Strong Operating And Free Cash Flow RecoveryPositive operating and free cash flow improve the company’s ability to fund venue operations, content investment and capital needs internally. This strengthens financial resilience, although maintaining the recovery will depend on more consistent cash conversion.
Material Debt Reduction Improves Financial FlexibilityLower debt reduces financing pressure and increases flexibility to invest in Sphere’s growth platform. A healthier balance sheet also provides greater capacity to absorb uneven event performance or fund strategic initiatives without excessive borrowing.
Bears Say
Latest Annual Revenue DeclinedThe latest annual revenue decline raises concern about demand consistency and the pace of monetization across the company’s entertainment assets. Sustained top-line weakness could limit operating leverage and make recent margin and profit improvements harder to maintain.
Historically Volatile Earnings And Free Cash FlowLarge swings in earnings and cash generation reduce visibility into recurring financial performance. This volatility may reflect uneven event cadence, lumpy capital needs or inconsistent conversion of profits into cash, complicating long-term planning and investment.
Low Returns Indicate The Turnaround Is UnprovenVery low current returns, following negative prior-year results, show that the improved balance sheet is not yet producing strong earnings power. Unless profitability scales against the company’s equity base, the turnaround may remain financially fragile.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment’s price range in the past 12 months?
Sphere Entertainment lowest stock price was $44.06 and its highest was $181.63 in the past 12 months.
What is Sphere Entertainment’s market cap?
Sphere Entertainment’s market cap is $5.09B.
When is Sphere Entertainment’s upcoming earnings report date?
Sphere Entertainment’s upcoming earnings report date is Nov 10, 2026 which is in 70 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 -1.47.
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:
$178.18 (13.20% Upside)
$178.18 (13.20% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 60%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 528.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 4.9%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
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
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
$178.18
▲(13.20% 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