Communication Services -
Entertainment - NYSE - US
$ 29.83
3.76 %
$ 1.07 B
Market Cap
-2.96
P/E
1. INTRINSIC VALUE
Balance Sheet
Sphere Entertainment Co.
| Current Assets | 866 M |
| Cash & Short-Term Investments | 560 M |
| Receivables | 241 M |
| Other Current Assets | 64.5 M |
| Non-Current Assets | 3.92 B |
| Long-Term Investments | 30.7 M |
| PP&E | 3.26 B |
| Other Non-Current Assets | 627 M |
| Current Liabilities | 1.37 B |
| Accounts Payable | 18.9 M |
| Short-Term Debt | 887 M |
| Other Current Liabilities | 468 M |
| Non-Current Liabilities | 999 M |
| Long-Term Debt | 651 M |
| Other Non-Current Liabilities | 348 M |
EFFICIENCY
Earnings Waterfall
Sphere Entertainment Co.
| Revenue | 1.03 B |
| Cost Of Revenue | 548 M |
| Gross Profit | 479 M |
| Operating Expenses | 820 M |
| Operating Income | -341 M |
| Other Expenses | -141 M |
| Net Income | -201 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Sphere Entertainment Co.
| Net Income | -201 M |
| Depreciation & Amortization | 256 M |
| Capital Expenditures | -265 M |
| Stock-Based Compensation | 48 M |
| Change in Working Capital | -160 M |
| Others | 152 M |
| Free Cash Flow | -309 M |
Wall Street Analysts Price Targets
Sphere Entertainment Co.
Wall Street analysts predict an average 1-year price target for SPHR of $52.3 , with forecasts ranging from
a
low of
$36 to a high of $68 .
SPHR Lowest Price Target
Wall Street Target
36 USD
20.68%
SPHR Average Price Target
Wall Street Target
52.3 USD
75.28%
SPHR Highest Price Target
Wall Street Target
68 USD
127.96%
4. DIVIDEND
ANALYSIS
SPHR does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Sphere Entertainment Co.
Sold
0-3 MONTHS
1.87 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Sphere Entertainment (SPHR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Sphere Entertainment (SPHR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Sphere Entertainment Co. to Host First Quarter 2025 Conference Call
NEW YORK , May 2, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025 at 10:00 a.m. Eastern Time.
prnewswire.com
- 2 weeks ago
Out Of The Shadows: How Sphere's Vegas Juggernaut Can Crush Its RSN Drag
Sphere Entertainment stock has dropped 44% since October, largely due to MSG Networks' struggles, but offers potential upside with a focus on its high-growth Las Vegas Sphere. The potential bankruptcy of MSG Networks could allow Sphere to restructure $800 million in debt, refocus on its experiential business, and improve financial health. Despite mixed Q4 results and high operational expenses, Sphere's flagship business shows strong growth, and institutional investors continue to buy shares, indicating confidence.
seekingalpha.com
- 4 weeks ago
Google and Sphere Announce Technology Partnership and Reveal New Details on the AI Technology Behind Upcoming The Wizard of Oz at Sphere
Google named the official AI partner of The Wizard of Oz at Sphere and official AI partner of Sphere Collaboration between Google and Sphere combines immersive entertainment and cutting-edge technology, similar to how the film's use of Technicolor revolutionized movies nearly 90 years ago SUNNYVALE, Calif. and LAS VEGAS , April 8, 2025 /PRNewswire/ -- Google and Sphere Entertainment Co. (NYSE: SPHR) today announced a new AI technology partnership to help bring the groundbreaking The Wizard of Oz at Sphere to life using generative AI (gen AI).
prnewswire.com
- 1 month ago
SPHERE STUDIOS ANNOUNCES TWO NEW EXPERIENCES IN PRODUCTION
THE WIZARD OF OZ AT SPHERE In Collaboration with Warner Bros. Discovery, Google, and Magnopus and FROM THE EDGE From Academy Award-Winning Directors E.
prnewswire.com
- 1 month ago
Sphere Entertainment's Las Vegas Momentum And Global Expansion Opportunities Overlooked, Goldman Sachs Says
Goldman Sachs analyst Stephen Laszczyk on Thursday initiated coverage of the shares of Sphere Entertainment Co SPHR with a Buy rating and a price forecast of $42.00.
benzinga.com
- 1 month ago
Sphere Stock Could Go In 'One Direction' Thanks To This Musician
Sphere Entertainment Co SPHR is best known for its iconic one-of-a-kind Las Vegas entertainment venue that has hosted the likes of U2, Phish, The Eagles and will soon host Dead & Company.
benzinga.com
- 2 months ago
Sphere Entertainment's Financial Outlook Remains Strong Despite Stock Dip, Analyst Says
J.P. Morgan analyst David Karnovsky reiterated an Overweight rating on the shares of Sphere Entertainment Co SPHR and lowered the price target from $57.00 to $54.00.
benzinga.com
- 2 months ago
Sphere Entertainment Co. (SPHR) Q2 2025 Earnings Call Transcript
Sphere Entertainment Co. (NYSE:SPHR ) Q2 2025 Earnings Conference Call March 3, 2025 10:00 AM ET Company Participants Ari Danes - SVP, IR, Financial Communications & Treasury James Dolan - Executive Chairman & CEO Robert Langer - EVP, Chief Financial Officer Jennifer Koester - Chief Operating Officer Conference Call Participants David Karnovsky - JPMorgan Brandon Ross - LightShed Peter Anderson - Bank of America Merrill Lynch Peter Supino - Wolfe Research Benjamin Swinburne - Morgan Stanley David Joyce - Seaport Research Partners Operator Good morning. Thank you for standing by and welcome to the Sphere Entertainment Company Earnings Call for the period ended December 31, 2024.
seekingalpha.com
- 2 months ago
Sphere Entertainment Stock Drops as Firm Says MSG Networks Bankruptcy Possible
Shares of Sphere Entertainment (SPHR) slid Monday after the company reported declining second-quarter revenue and said its MSG Networks unit may pursue bankruptcy if it can't refinance its debt.
investopedia.com
- 2 months ago
Sphere Entertainment (SPHR) Reports Q2 Loss, Tops Revenue Estimates
Sphere Entertainment (SPHR) came out with a quarterly loss of $3.49 per share versus the Zacks Consensus Estimate of a loss of $2.15. This compares to loss of $4.91 per share a year ago.
zacks.com
- 2 months ago
SPHERE ENTERTAINMENT CO. REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2024
NEW YORK , March 3, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the three and six months ended December 31, 2024.(1) Recent Sphere operating highlights include: The Sphere Experience featuring Postcard from Earth passed its 1,000th showing in early January; Afterlife presents Anyma 'The End Of Genesys' – the venue's first electronic music act – successfully completed a twelve-show run between December and the beginning of March; The Eagles are in the midst of a 32-show residency, which has been extended multiple times due to demand, while Dead & Company, Kenny Chesney and the Backstreet Boys each announced residencies at Sphere for this Spring and Summer; Formula 1's Las Vegas Grand Prix returned to Sphere in November as part of its multi-year deal with the Company; and Sphere hosted Delta Air Lines for a multi-day takeover, including a keynote presentation, during the Consumer Electronics Show in January.
prnewswire.com
- 2 months ago
8. Profile
Summary
Sphere Entertainment Co. SPHR
COUNTRY
US
INDUSTRY
Entertainment
MARKET CAP
$ 1.07 B
Dividend Yield
0.00%
Description
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, Cathédrale, 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.
Contact
Two Pennsylvania Plaza, New York, NY, 10121
https://www.msgentertainment.com
IPO
Date
April 9, 2020
Employees
1080
Officers
Mr. James Lawrence Dolan
Executive Chairman & Chief Executive Officer
Mr. Gregory Brunner
Senior Vice President, Controller, Principal Accounting Officer & Interim Principal Financial Officer
Ms. Mikyl Cordova
Executive Vice President of Communications & Marketing
Mr. Ari Danes C.F.A.
Senior Vice President of Investor Relations, Financial Communications & Treasury
Ms. Laura Franco
Executive Vice President & General Counsel
Mr. Robert Langer
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Paul Westbury CBE, CEng, FICE, FIStructE, FREng., MA(Cantab)
Executive Vice President of Development & Construction
Mr. David Granville-Smith
Executive Vice President
Ms. Jennifer Koester
President & Chief Operating Officer
Ms. Andrea Greenberg
President & Chief Executive Officer of MSG Networks