Sphere Entertainment Co. (SPHR)

NYSE: SPHR · Real-Time Price · USD
46.92
-0.46 (-0.97%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.97%
Market Cap 1.68B
Revenue (ttm) 1.14B
Net Income (ttm) -372.36M
Shares Out 35.79M
EPS (ttm) -10.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 834,268
Open 48.00
Previous Close 47.38
Day's Range 46.35 - 48.80
52-Week Range 32.10 - 51.83
Beta 1.39
Analysts Buy
Price Target 49.33 (+5.14%)
Earnings Date Feb 28, 2025

About SPHR

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 next-generation entertainment medium powered by cutting-edge technologies to create multi-sensory experiences at an unparalleled scale. The MSG Networks segment provides regional sports and entertainment networks, as well as a direct-to-consumer and authenticated streaming product. The company was formerly known as Madison Square Garden Entertainment Corp. and chan... [Read more]

Industry Entertainment
Founded 2020
Employees 3,100
Stock Exchange NYSE
Ticker Symbol SPHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SPHR stock is "Buy." The 12-month stock price forecast is $49.33, which is an increase of 5.14% from the latest price.

Price Target
$49.33
(5.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sphere Entertainment Co. to Host Earnings Conference Call on February 28, 2025

NEW YORK , Feb. 21, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for the three months ended December 31, 2024 on Friday, February 28, 2025 ...

1 day ago - PRNewsWire

Madison Square Garden Entertainment: Tactical Move To Side-Step The Visible Near-Term Weakness (Downgrade)

I am downgrading Madison Square Garden Entertainment from buy to hold due to visible near-term weakness in concert bookings and uncertainty in replacing the Billy Joel residency. Despite strong consum...

Other symbols: MSGE
11 days ago - Seeking Alpha

UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA: "We applaud Governor Hochul's engagement and ensuring local sports fa...

11 days ago - PRNewsWire

Madison Square Garden Entertainment Corp. (MSGE) Q2 2025 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q2 2025 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasu...

Other symbols: MSGE
15 days ago - Seeking Alpha

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 SECOND QUARTER RESULTS

Christmas Spectacular Production Delivers Another Year of Record-Setting Revenues Approximately 1.1 Million Tickets Sold During 91st Holiday Season $25 Million in MSGE Class A Shares Repurchased Durin...

Other symbols: MSGE
16 days ago - PRNewsWire

SPHERE ENTERTAINMENT NAMES GLENN DERRY EXECUTIVE VICE PRESIDENT, MSG VENTURES

BURBANK, Calif. , Feb. 4, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today that Glenn Derry, an Academy Award winning technologist with over 30 years of industry-defining ent...

17 days ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2025 Second Quarter Conference Call

NEW YORK , Jan. 31, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2024 on ...

Other symbols: MSGE
22 days ago - PRNewsWire

NJ ATTORNEY GENERAL JOINS CT AND NY ATTORNEYS GENERAL IN URGING MSG NETWORKS AND ALTICE TO REACH A DEAL THAT RESULTS IN THE IMMEDIATE RETURN OF LOCAL SPORTS PROGRAMMING

NEW YORK , Jan. 24, 2025 /PRNewswire/ -- MSG Networks released the following statement regarding their carriage dispute with Altice USA: "New Jersey Attorney General Matt Platkin joins New York Attorn...

4 weeks ago - PRNewsWire

NY AND CT ATTORNEYS GENERAL AND SEVERAL BIPARTISAN ELECTED OFFICIALS AGREE: IT'S TIME FOR ALTICE USA TO GET THE KNICKS, RANGERS, DEVILS AND ISLANDERS BACK ON THE AIR!

NEW YORK , Jan. 22, 2025 /PRNewswire/ -- MSG Networks released the following statement regarding their carriage dispute with Altice USA: "Connecticut Attorney General William Tong joins New York Attor...

4 weeks ago - PRNewsWire

MSG NETWORKS OFFERS BINDING ARBITRATION BY NEUTRAL THIRD PARTY TO RESOLVE ISSUE WITH ALTICE

NEW YORK , Jan. 21, 2025 /PRNewswire/ -- MSG Networks released the following statement about their dispute with Altice USA: "Our goal is to make sure our Knicks, Rangers, Devils, and Islanders fans wh...

4 weeks ago - PRNewsWire

MSG NETWORKS RESPONSE TO ALTICE

NEW YORK , Jan. 16, 2025 /PRNewswire/ -- MSG Networks released the following response to Altice USA: "In response to Optimum's last release what we have to say is simple: Cut the B.S. - give us the sa...

5 weeks ago - PRNewsWire

WATERLOO SPARKLING WATER NAMED AN OFFICIAL PARTNER OF THE NEW YORK RANGERS AND MADISON SQUARE GARDEN

Waterloo Sparkling Water to be Available at Concession Stands Throughout MSG,  Including at a New Dedicated Concession Stand,  Providing Fans with Even More Beverage Options at The World's Most Famous...

Other symbols: MSGEMSGS
5 weeks ago - PRNewsWire

ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

NEW YORK , Jan. 10, 2025 /PRNewswire/ -- MSG Networks released the following statement about their dispute with Altice USA: "Altice USA has pulled their last proposal and walked away from negotiations...

6 weeks ago - PRNewsWire

SPHERE ENTERTAINMENT NAMES ROBERT LANGER EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER

BURBANK, Calif. , Jan. 8, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today that Robert Langer, a seasoned financial leader with over 30 years of experience, will join the Com...

6 weeks ago - PRNewsWire

Optimum-MSGN Standoff Could Pressure MSG Networks' Finances: Analyst

JP Morgan analyst David Karnovsky shared views on the impact of the Optimum-MSGN carriage battle on Sphere Entertainment Co. SPHR and Madison Square Garden Sports Corp. MSGS.

Other symbols: ATUSMSGS
6 weeks ago - Benzinga

Altice USA (Optimum) Has Dropped MSG Networks, Depriving Local Fans of Hundreds of Live, Exclusive Games of Their Favorite Teams

Knicks, Rangers, Islanders and Devils Coverage on MSG Networks is Dark for Optimum Subscribers For More Information, Please Visit KEEPMSG.COM NEW YORK , Jan. 1, 2025 /PRNewswire/ -- Despite MSG Networ...

7 weeks ago - PRNewsWire

Top 3 Tech And Telecom Stocks That Could Blast Off In December

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: CMCMSGEOMC
2 months ago - Benzinga

Madison Square Garden Entertainment Corp. Repurchases $25 Million of MSGE Class A Common Stock

NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that the Company repurchased 681,593 shares of MSG...

Other symbols: MSGE
2 months ago - PRNewsWire

Danan Kirby's Stock Picks: SPHR, OSW, RCL

Danan Kirby's stock picks are SPHR, OSW, and RCL. He thinks Royal Caribbean has “one of the best itineraries out there.

Other symbols: RCLOSW
3 months ago - Schwab Network

Madison Square Garden Entertainment: Medium-Term Outlook Remains Positive

Despite near-term demand challenges, I remain confident in MSGE's medium-term demand outlook, supported by strong leading indicators and positive underlying demand. MSGE's latest earnings showed a sli...

Other symbols: MSGE
3 months ago - Seeking Alpha

Sphere Entertainment Co. (SPHR) Q1 2025 Earnings Call Transcript

Sphere Entertainment Co. (NYSE:SPHR) Q1 2025 Earnings Conference Call November 12, 2024 10:00 AM ET Company Participants Ari Danes - SVP, IR, Financial Communications & Treasury James Dolan - Executi...

3 months ago - Seeking Alpha

SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2025 FIRST QUARTER RESULTS

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the fiscal first quarter ended September 3...

3 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. (MSGE) Q1 2025 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q1 2025 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasur...

Other symbols: MSGE
3 months ago - Seeking Alpha

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS

NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal first quarter ende...

Other symbols: MSGE
3 months ago - PRNewsWire

Sphere Entertainment Co. to Host Fiscal 2025 First Quarter Conference Call

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2024 on Tuesday, November ...

3 months ago - PRNewsWire