Sphere Entertainment Co. (SPHR)

NYSE: SPHR · Real-Time Price · USD
31.58
+1.80 (6.04%)
May 8, 2025, 4:00 PM EDT - Market closed
6.04%
Market Cap 1.14B
Revenue (ttm) 1.03B
Net Income (ttm) -497.18M
Shares Out 36.00M
EPS (ttm) -13.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 902,657
Open 30.09
Previous Close 29.78
Day's Range 29.48 - 31.83
52-Week Range 23.89 - 50.88
Beta 1.50
Analysts Buy
Price Target 46.60 (+47.56%)
Earnings Date May 8, 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 10 analysts, the average rating for SPHR stock is "Buy." The 12-month stock price forecast is $46.6, which is an increase of 47.56% from the latest price.

Price Target
$46.6
(47.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

Sphere Entertainment Co. (NYSE:SPHR) Q1 2025 Results Conference Call May 8, 2025 10:00 AM ET Company Participants Ari Danes - SVP, IR, Financial Communications & Treasury James Dolan - Executive Chai...

10 hours ago - Seeking Alpha

SPHERE ENTERTAINMENT CO. REPORTS FIRST QUARTER 2025 RESULTS

NEW YORK , May 8, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the first quarter ended March 31, 2025.(1) R...

18 hours ago - PRNewsWire

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

FY25 Third Quarter Revenues of $242.5 Million, Up 6% Versus the Prior Year Quarter FY25 Third Quarter Operating Income of $27.3 Million, an Increase of 63% Year-Over-Year FY25 Third Quarter AOI of $57...

Other symbols: MSGE
2 days ago - PRNewsWire

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...

6 days ago - PRNewsWire

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

NEW YORK , April 29, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2025 on Tue...

Other symbols: MSGE
9 days ago - PRNewsWire

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...

17 days ago - Seeking Alpha

MSG ENTERTAINMENT NAMES DAVID COLLINS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER

NEW YORK , April 9, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") announced today that David Collins, a strategic financial leader with extensive ex...

Other symbols: MSGE
4 weeks ago - PRNewsWire

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 technolo...

4 weeks ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

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.

5 weeks 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.

2 months 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
2 months 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.

2 months 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...

2 months 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.

2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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
3 months 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...

3 months 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
3 months 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
3 months 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...

3 months ago - PRNewsWire