Sphere Entertainment Co.

Sphere Entertainment Co.

SPHRยทNYSE

$141.75

+1.5%
Communication ServicesEntertainment

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathรฉdrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$5.10B
EPS-5.6800
P/E Ratio-24.96
Earnings Date08/06/2026
sphr

Sphere Entertainment Co. Street Expectations Map

SPHR ยท NYSE

Wall Street analysts project that SPHR stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 137.70, with estimates ranging from a low of 100.00 to a high of 190.00.

Lowest Target
100.00
-29.45%
Consensus Target
137.70
-2.86%
Highest Target
190.00
34.04%

The consensus 1-year price target stands at 137.70, with estimates ranging from a low of 100.00 to a high of 190.00.

Analyst Consensus Analysis

Upside Potential

-2.9%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

65.4% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

1.16x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Sphere Entertainment Co. Forward Estimates of Revenue

SPHR ยท NYSE
Latest Revenue
1.03B
FY 2025
Avg Estimate
1.34B
FY 2026
Estimate Range
1.33B - 1.35B
Analyst Spread

Forward Growth Analysis

Projected Growth+30.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Forward Estimates of Net Income

SPHR ยท NYSE
Latest Net Income
-200.65M
FY 2025
Avg Estimate
-93.91M
FY 2026
Estimate Range
-99.96M - -87.85M
Analyst Spread

Forward Growth Analysis

Projected Growth+53.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Forward Estimates of EPS

SPHR ยท NYSE
Latest EPS
-5.68
FY 2025
Avg Estimate
$-2.62
FY 2026
Estimate Range
$-2.79 - $-2.45
Analyst Spread

Forward Growth Analysis

Projected Growth+53.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Forward Estimates of EBIT

SPHR ยท NYSE
Latest EBIT
-280.36M
FY 2025
Avg Estimate
-64.94M
FY 2026
Estimate Range
-65.41M - -64.46M
Analyst Spread

Forward Growth Analysis

Projected Growth+76.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Forward Estimates of EBITDA

SPHR ยท NYSE
Latest EBITDA
-23.86M
FY 2025
Avg Estimate
222.28M
FY 2026
Estimate Range
220.66M - 223.91M
Analyst Spread

Forward Growth Analysis

Projected Growth+1031.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Forward Estimates of SG&A Expense

SPHR ยท NYSE
Latest SG&A Expense
380.78M
FY 2025
Avg Estimate
732.41M
FY 2026
Estimate Range
727.06M - 737.75M
Analyst Spread

Forward Growth Analysis

Projected Growth+92.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Sphere Entertainment Co. Insider Positioning

SPHR ยท NYSE

During the last 12 months, there has been no insider trading activity reported for SPHR.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.