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SPHR Stock Chart & Stats
$135.67
-$1.16(-2.77%)
At close: 4:00 PM EST
$135.67
-$1.16(-2.77%)
Day’s Range― - ―
52-Week Range$37.89 - $174.60
Previous CloseN/A
Volume97.48K
Average Volume (3M)709.87K
Market Cap
$4.90B
Enterprise Value$4.90K
Total Cash (Recent Filing)$630.15M
Total Debt (Recent Filing)$938.37M
Price to Earnings (P/E)45.6
Beta1.60
Next Earnings
Aug 17, 2026EPS Estimate
-1.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.15
Shares Outstanding28,925,450
10 Day Avg. Volume600,312
30 Day Avg. Volume709,872
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
$179.67Price Target Upside32.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-2.48
Revenue Forecast (FY)$1.37B
Bulls Say, Bears Say
Bulls Say
Improved Cash GenerationThe 2026 rebound to positive operating cash flow and substantial free cash flow materially improves financial flexibility. Durable cash generation supports debt reduction, funds reinvestment in venue experiences and content, and provides a buffer for capital spending or strategic initiatives over the next several quarters.
Material DeleveragingA meaningful reduction in absolute debt and a lower debt-to-equity ratio strengthen balance-sheet resilience. Lower leverage reduces interest costs and refinancing risk, increasing capacity to absorb episodic revenue swings and invest in Sphere's proprietary content and venue enhancements over the medium term.
Strong Operating MarginsHigh gross and EBITDA margins indicate strong pricing power and operating leverage across venue and network businesses. These margins provide structural profitability potential if top-line stability is maintained, enabling continued cash generation and reinvestment even with modest revenue growth.
Bears Say
Top-line WeaknessAn ~8% revenue decline signals weakening demand or event cadence, which undermines the sustainability of recently improved profits. Without consistent top-line growth, high margins may not translate into durable earnings expansion, limiting long-term scalability and reinvestment capacity.
Volatile Cash Flow And EarningsA history of large swings in earnings and free cash flow complicates planning for capital-intensive venue operations and content creation. Persistent volatility increases forecasting risk, may force precautionary liquidity buffers, and can constrain returns even when occasional positive years occur.
Concentration On Venue UtilizationRevenue depends heavily on Sphere attendance, event scheduling, sponsorship demand and stable MSG distribution. This concentration exposes the company to consumer discretionary spending cycles, event disruptions, and carriage negotiations, making revenue and margin durability sensitive to external shocks.
Sphere Entertainment News
SPHR FAQ
What was Sphere Entertainment Co.’s price range in the past 12 months?
Sphere Entertainment Co. lowest stock price was $37.89 and its highest was $174.60 in the past 12 months.
What is Sphere Entertainment Co.’s market cap?
Sphere Entertainment Co.’s market cap is $4.90B.
When is Sphere Entertainment Co.’s upcoming earnings report date?
Sphere Entertainment Co.’s upcoming earnings report date is Aug 17, 2026 which is in 31 days.
How were Sphere Entertainment Co.’s earnings last quarter?
Sphere Entertainment Co. released its earnings results on Feb 12, 2026. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of -$0.235 by $1.465.
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 -1.44.
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 $1.23 in its last earnings report, beating expectations of -$0.235. Following the earnings report the stock price went up 22.068%.
Which hedge fund is a major shareholder of Sphere Entertainment Co.?
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$179.67 (32.43% Upside)
$179.67 (32.43% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 70%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 868.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 8.8%
Last 30 Days ▲ 8.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
235.01%
12-Months-Change
Fundamentals
Return on Equity
5.36%
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
$179.67
▲(32.43% 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
4.86% Insiders
25.46% Mutual Funds
1.55% Other Institutional Investors
41.75% Public Companies and
Individual Investors