Sphere Entertainment Co. SPHR
115.46 USD +6.61 (+6.07%)
Nov 5, 2026, 11:19 AM EST
104.56 Day range 118.39
71.27 52-week range 181.63
- YTD
- +21.43%
- 1 year
- +57.23%
- Market cap
- 4.15B
- Revenue (ttm)
- 1.36B
- Profit margin
- -5.66%
- EPS (ttm)
- -2.69
- Shares out
- 29.05M
- Forward P/E
- -35.36
- YTD return
- +21.43%
- 1-year return
- +57.23%
- Volume
- 518.47K
- Avg volume
- 781.19K
- Open
- 105.00
- Previous close
- 108.85
- Day's range
- 104.56 – 118.39
- 52-week range
- 71.27 – 181.63
- Beta
- 1.70
- Analysts
- Buy
- Price target
- 156.62 (+35.7%)
- Earnings date
- Nov 5, 2026
YTD +14.65 (+15.54%)
Key statistics
- Enterprise value
- 4.14B
- PEG ratio
- 0.00
- Price / sales
- 2.88
- Price / book
- 1.75
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 11.00%
- Free cash flow
- 442.72M
- Total cash
- 550.97M
- Total debt
- 913.31M
- Return on equity
- -3.10%
- Short % of float
- 36.46%
- 50-day average
- 126.88
- 200-day average
- 130.61
Analyst view
Consensus: buy
Buy
Price target (mean) 156.62 +35.7% upside
Now 115.46
- Target (low)
- 125.00
- Target (mean)
- 156.62
- Target (high)
- 200.00
Ratings (0m) 13 11 buy · 2 hold · 0 sell
- Strong buy4
- Buy7
- Hold2
- Sell0
- Strong sell0
Next earnings
Nov 5, 2026
Expected Nov 5, 2026. Consensus EPS estimate -1.71.
Financials — quick view
SPHR Revenue — quarterly 313.64M
SPHR Net income — quarterly -38.79M
SPHR EPS — quarterly -1.07
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 5, 2026 | Sep 30, 2026 | -1.66 | — | — | — |
| Jul 30, 2026 | Jun 30, 2026 | -1.51 | -1.07 | +0.44 | +29.14% |
| May 5, 2026 | Mar 31, 2026 | -0.31 | 0.01 | +0.32 | +103.23% |
| Feb 12, 2026 | Dec 31, 2025 | -0.12 | 1.23 | +1.35 | +1,125.00% |
| Nov 4, 2025 | Sep 30, 2025 | -1.62 | -1.37 | +0.25 | +15.43% |
| Aug 11, 2025 | Jun 30, 2025 | -1.57 | -2.71 | -1.14 | -72.61% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 27, 2026 | Morgan Stanley | main | Overweight | Overweight |
| Oct 23, 2026 | Piper Sandler | reit | Overweight | Overweight |
| Oct 21, 2026 | Susquehanna | main | Positive | Positive |
| Oct 14, 2026 | Guggenheim | main | Buy | Buy |
| Oct 6, 2026 | StoneX | main | Buy | Buy |
| Oct 6, 2026 | BTIG | main | Buy | Buy |
About Sphere Entertainment Co.
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks; direct-to-consumer and authenticated streaming products, as well as sports content, including live local games and other programming. 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.
- Sector
- Communication Services
- Industry
- Entertainment
- Country
- United States
- Website
- sphereentertainmentco.com
News
Sphere Entertainment (SPHR) Reports Q3 Loss, Beats Revenue Estimates 
Sphere Entertainment Q3 EPS $(4.84) Misses $(1.64) Estimate, Sales $274.260M Beat $270.595M Estimate 
Sphere Entertainment Co. Reports Third Quarter 2026 Results 
Sphere Entertainment Co. to Host Third Quarter 2026 Conference Call 
Morgan Stanley Maintains Overweight on Sphere Entertainment, Lowers Price Target to $150 
Piper Sandler Reiterates Overweight on Sphere Entertainment, Lowers Price Target to $145 
Susquehanna Maintains Positive on Sphere Entertainment, Lowers Price Target to $158 
Guggenheim Maintains Buy on Sphere Entertainment, Lowers Price Target to $180 - StoneX Maintains Buy on Sphere Entertainment, Lowers Price Target to $125
BTIG Maintains Buy on Sphere Entertainment, Lowers Price Target to $160
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BRUNNER GREGORY | Officer | Conversion of Exercise of derivative security | Sep 14, 2025 | 2,292 |
| DOLAN JAMES LAWRENCE | Chief Executive Officer | Conversion of Exercise of derivative security | Sep 14, 2026 | 0 |
| DOLAN RYAN THOMAS | Director | Conversion of Exercise of derivative security | Mar 12, 2026 | 4,059 |
| FRANCO LAURA | General Counsel | Conversion of Exercise of derivative security | Sep 14, 2025 | 11,017 |
| GRANVILLE-SMITH DAVID | Officer | Conversion of Exercise of derivative security | Mar 12, 2026 | 56,464 |
| GREENBERG ANDREA | Officer | Conversion of Exercise of derivative security | Mar 11, 2025 | 97,558 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 14.05% | 4,080,043 | 443.91M | Jun 29, 2026 |
| Jericho Capital Asset Management, LP | 8.97% | 2,605,615 | 283.49M | Jun 29, 2026 |
| Morgan Stanley | 8.52% | 2,474,769 | 269.25M | Jun 29, 2026 |
| Ariel Investments, LLC | 5.73% | 1,665,326 | 181.19M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.22% | 1,515,158 | 164.85M | Jun 29, 2026 |
| Sands Capital Management, LLC | 4.68% | 1,358,321 | 147.79M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.54% | 1,608,744 | 175.03M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.85% | 826,594 | 89.93M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.49% | 724,542 | 78.83M | Sep 29, 2026 |
| Columbia Funds Series Trust I-Columbia Small Cap Growth Fund | 2.10% | 609,301 | 66.29M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.06% | 597,260 | 64.98M | Jun 29, 2026 |
| Ariel Investment Trust-Ariel Fund | 1.62% | 471,750 | 51.33M | Jun 29, 2026 |