Sphere Entertainment Co. (SPHR)

NYSE: SPHR · Real-Time Price · USD
41.39
-0.14 (-0.34%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.34%
Market Cap 1.48B
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 835,190
Open 41.93
Previous Close 41.53
Day's Range 41.12 - 42.54
52-Week Range 30.50 - 51.83
Beta 1.38
Analysts Buy
Price Target 49.33 (+19.18%)
Earnings Date Feb 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 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 19.18% from the latest price.

Price Target
$49.33
(19.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 days 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
6 days 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...

10 days 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...

12 days 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
14 days 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...

19 days 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
5 weeks 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
6 weeks 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
2 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
2 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...

2 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...

2 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
2 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
2 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 ...

2 months ago - PRNewsWire

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

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2024 on F...

Other symbols: MSGE
2 months ago - PRNewsWire

‘DJT' stock climbs again after Trump's Madison Square Garden rally

Shares of Trump Media & Technology Group are up 7% in premarket trades.

Other symbols: DJTMSGE
3 months ago - Market Watch

Was Trump's Madison Square Garden rally an evocation of Nazism?

An evocation of Nazism? Of course it was, and of course it wasn't.

Other symbols: MSGE
3 months ago - Skynews

SPHERE ENTERTAINMENT AND THE DEPARTMENT OF CULTURE AND TOURISM - ABU DHABI ANNOUNCE PLANS TO MAKE ABU DHABI NEXT SPHERE VENUE LOCATION

NEW YORK and ABU DHABI, UAE, Oct. 15, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment") and the Department of Culture and Tourism – Abu Dhabi ("DCT Abu Dhabi") announ...

3 months ago - PRNewsWire

Sphere Entertainment Stock Tumbles on Unexpected CFO Departure

Sphere Entertainment (SPHR) stock fell Tuesday morning after announcing the unexpected departure of Chief Financial Officer (CFO) David Byrnes, who "will continue in his current role for an interim pe...

3 months ago - Investopedia

SPHERE ENTERTAINMENT ANNOUNCES EVP, CFO AND TREASURER, DAVID BYRNES, WILL BE LEAVING THE COMPANY

NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") announced today that Mr. David F. Byrnes, the Company's Executive Vice President...

3 months ago - PRNewsWire

THE MSG FAMILY OF COMPANIES AND VERIZON EXPAND PARTNERSHIP, NAMING VERIZON THE OFFICIAL MOBILE WIRELESS PARTNER ACROSS THE COMPANIES' PORTFOLIO

New Verizon Access Platform Offers Customers Exclusive Access to Live Events at Madison Square Garden, Radio City Music Hall, Beacon Theatre, The Theater at MSG, The Chicago Theatre and Sphere Partner...

Other symbols: MSGEMSGSVZ
3 months ago - PRNewsWire

Sphere Entertainment Co (SPHR) Shares Up 4.96% on Oct 2

Shares of Sphere Entertainment Co (SPHR, Financial) surged 4.96% in mid-day trading on Oct 2. The stock reached an intraday high of $46.60, before settling at $46.02, up from its previous close of $43...

3 months ago - GuruFocus

UFC 306 at Sphere Sets Record for Highest-Grossing Event in UFC History and Highest-Grossing Single Event at Sphere

LAS VEGAS--(BUSINESS WIRE)--UFC®, part of TKO Group Holdings (NYSE: TKO), and Sphere Entertainment Co. (NYSE: SPHR) today announced that UFC 306 at RIYADH SEASON NOCHE UFC held on September 14 at Sphe...

Other symbols: TKO
4 months ago - Business Wire

Cash Out Of Sphere Entertainment, Profitability Outlook 'Underwhelming,' Says Bearish Analyst

Sphere Entertainment Co SPHR, the company behind the Las Vegas Sphere, has high production costs and scalability issues.

4 months ago - Benzinga