Sphere Entertainment Co. (SPHR)

NYSE: SPHR · Real-Time Price · USD
33.23
-0.55 (-1.63%)
At close: Mar 28, 2025, 4:00 PM
33.04
-0.19 (-0.58%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-1.63%
Market Cap 1.19B
Revenue (ttm) 1.07B
Net Income (ttm) -462.47M
Shares Out 35.83M
EPS (ttm) -12.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 758,528
Open 34.49
Previous Close 33.78
Day's Range 32.90 - 34.94
52-Week Range 30.62 - 50.88
Beta 1.40
Analysts Buy
Price Target 48.44 (+45.77%)
Earnings Date Mar 3, 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 entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks, as well as a direct-to-consumer and authenticated streaming products; and sports content, including live local games and other programming. The company was formerly known as Madison Square Garden Entertainme... [Read more]

Industry Entertainment
Founded 2020
Employees 3,190
Stock Exchange NYSE
Ticker Symbol SPHR
Full Company Profile

Financial Performance

In 2024, Sphere Entertainment Co.'s revenue was $1.07 billion, an increase of 4.43% compared to the previous year's $1.03 billion. Losses were -$462.47 million, 130.5% more than in 2024.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SPHR stock is "Buy." The 12-month stock price forecast is $48.44, which is an increase of 45.77% from the latest price.

Price Target
$48.44
(45.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

13 hours ago - Benzinga

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.

21 days ago - Benzinga

THE MSG FAMILY OF COMPANIES AND PEPSICO EXPAND MULTI-YEAR PARTNERSHIP

Integrated Marketing Partnership Connects PepsiCo and MSG Fans Across All the MSG Family of Companies' Premier Sports and Entertainment Assets NEW YORK , March 5, 2025 /PRNewswire/ -- Madison Square G...

Other symbols: MSGEMSGSPEP
23 days ago - PRNewsWire

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.

24 days ago - Benzinga

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 C...

25 days ago - Seeking Alpha

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.

25 days ago - Investopedia

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...

25 days ago - PRNewsWire

Sphere Entertainment Co. Updates Earnings Conference Call Date to March 3, 2025

NEW YORK , Feb. 27, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) has updated the date of its conference call to discuss results for the three months ended December 31, 2024 due to an unf...

4 weeks ago - PRNewsWire

HELLO MY NAME IS

SPHERE REVEALS ICONIC EMOJI CHARACTER'S NAME AND LAUNCHES NEW E-COMMERCE WEBSITE FEATURING ORIGINAL MERCHANDISE INCLUDING THE  "ORBI COLLECTION" LAS VEGAS, Feb. 27, 2025 /PRNewswire/ -- Sphere Enterta...

4 weeks ago - PRNewsWire

OPTIMUM AND MSG NETWORKS AGREE ON CARRIAGE DEAL

NEW YORK , Feb. 22, 2025 /PRNewswire/ -- MSG Networks and Optimum are pleased to announce they have reached an agreement for the relaunch of MSG Networks on Optimum video lineups. MSG Networks and Opt...

4 weeks ago - PRNewsWire

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 ...

5 weeks 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
6 weeks 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...

6 weeks 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
7 weeks 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
7 weeks 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...

7 weeks 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
2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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
2 months 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...

2 months 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...

2 months 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
2 months ago - Benzinga