Sphere Entertainment Co. (SPHR)

NYSE: SPHR · IEX Real-Time Price · USD
39.77
-0.68 (-1.68%)
At close: Apr 26, 2024, 4:00 PM
40.24
+0.47 (1.18%)
After-hours: Apr 26, 2024, 7:30 PM EDT
-1.68%
Market Cap 1.40B
Revenue (ttm) 229.80M
Net Income (ttm) 373.12M
Shares Out 35.14M
EPS (ttm) 10.72
PE Ratio 3.71
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 366,704
Open 40.16
Previous Close 40.45
Day's Range 39.21 - 40.49
52-Week Range 20.69 - 51.83
Beta 1.40
Analysts Hold
Price Target 35.60 (-10.49%)
Earnings Date May 8, 2024

About SPHR

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates entertainment dining and nightlife venu... [Read more]

Industry Entertainment
Founded 2020
Employees 1,100
Stock Exchange NYSE
Ticker Symbol SPHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SPHR stock is "Hold." The 12-month stock price forecast is $35.6, which is a decrease of -10.49% from the latest price.

Price Target
$35.6
(-10.49% downside)
Analyst Consensus: Hold
Stock Forecasts

News

It's time for Sphere shares to ‘take a breather' says Seaport, downgrading the entertainment venue's stock

Sphere Entertainment Co. was downgraded from buy to neutral by Seaport Research Partners Monday, pointing to a “potentially softer” next couple of quarters for the Las Vegas entertainment venue.

19 days ago - Market Watch

SPHERE ANNOUNCES FIRST KEYNOTE EVENT WITH HEWLETT PACKARD ENTERPRISE - NEXT-GENERATION VENUE POISED TO REDEFINE BRAND STORYTELLING AND KEYNOTE CATEGORY

Keynote Address From Hewlett Packard Enterprise President and CEO Will Take Place During  HPE Discover 2024 in June LAS VEGAS , March 20, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) tod...

5 weeks ago - PRNewsWire

SPHERE LAUNCHES "SPHERE XO STUDENT DESIGN CHALLENGE" A FIRST-OF-ITS-KIND PARTNERSHIP WITH THE LAS VEGAS COMMUNITY MARKING THE FIRST TIME MEMBERS OF THE GENERAL PUBLIC WILL SEE THEIR ART FEATURED ON THE EXOSPHERE

Challenge Open Exclusively to More Than 100,000 Students Ranging from Elementary School through College from the Clark County School District and UNLV Eight Clark County-Based Student Winners Will be ...

6 weeks ago - PRNewsWire

SPHERE ENTERTAINMENT AND HITACHI VANTARA REVEAL NEW DETAILS ON POWERING HIGH-RESOLUTION VIDEO CONTENT AT SPHERE

Hitachi Vantara helps stream immersive content on Sphere's  160,000 square-foot interior LED display and 580,000 square-foot Exosphere Hitachi Vantara's software technology processes Sphere's original...

7 weeks ago - PRNewsWire

EARTH BRANDS NAMED AN OFFICIAL PARTNER OF MADISON SQUARE GARDEN

Earth Brands Products will be Available Throughout Arena, As Part of the Venue's Ongoing Commitment to Sustainability   NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Cor...

Other symbols: MSGE
2 months ago - PRNewsWire

Sphere Entertainment Raised To Buy At Spin-Off Research; PT $50

On February 5, 2024, Sphere Entertainment Co. (NYSE: SPHR, $39.31, Market Capitalization: $1.4 billion), a premier live entertainment and media company, reported strong 2Q24 results, with a beat on re...

2 months ago - Forbes

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 SECOND QUARTER RESULTS

FY24 Revenue Range Increased to $930-950 Million, a 10% Increase Year-Over-Year at Midpoint of Range FY24 Operating Income Range Increased to $95-105 Million and AOI Range Increased to $170-180 Millio...

Other symbols: MSGE
2 months ago - PRNewsWire

MSG ENTERTAINMENT NAMES MICHAEL GRAU EXECUTIVE VICE PRESIDENT, FINANCE

Grau to Become Executive Vice President and Chief Financial Officer on April 1 NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") toda...

Other symbols: MSGE
2 months ago - PRNewsWire

SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2024 SECOND QUARTER RESULTS

NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the fiscal second quarter ended December 31...

2 months ago - PRNewsWire

SPHERE AND NFL COLLABORATE ON CUSTOM SUPER BOWL CONTENT FOR THE EXOSPHERE CREATED EXCLUSIVELY BY SPHERE STUDIOS

Exosphere Content To Be Broadcast During The Game on CBS And Run Throughout Super Bowl Week Both Interior and Exterior of Sphere to be Showcased  LAS VEGAS , Feb. 4, 2024 /PRNewswire/ -- Sphere Entert...

2 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Second Quarter Conference Call

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on W...

Other symbols: MSGE
3 months ago - PRNewsWire

MSG ENTERTAINMENT AND SPHERE ENTERTAINMENT NAME LAURA FRANCO EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR) today announced that Laura Franco, an acc...

Other symbols: MSGE
3 months ago - PRNewsWire

PEPSICO NAMED AN OFFICIAL PARTNER OF SPHERE

Fans Can Purchase PepsiCo Soft Drinks and Frito-Lay® Snacks Throughout the Venue LAS VEGAS , Jan. 31, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new multi-faceted par...

Other symbols: PEP
3 months ago - PRNewsWire

Sphere Entertainment Co. to Host Fiscal 2024 Second Quarter Conference Call

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on Monday, February ...

3 months ago - PRNewsWire

SPHERE ENTERTAINMENT NAMES JENNIFER KOESTER PRESIDENT, SPHERE BUSINESS OPERATIONS

LAS VEGAS, Jan. 22, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) today announced that Jennifer Koester, a seasoned executive with over 25 years of diverse experience, will join the Compa...

3 months ago - PRNewsWire

SPHERE STUDIOS AND STMICROELECTRONICS REVEAL NEW DETAILS ON THE WORLD'S LARGEST CINEMA IMAGE SENSOR

Sensor custom created for Big Sky – the world's most advanced camera system – and is used to capture ultra-high-resolution content for Sphere in Las Vegas BURBANK, Calif. and GENEVA , Jan. 11, 2024 /P...

Other symbols: STM
3 months ago - PRNewsWire

The YES Network and MSG Networks Form Gotham Advanced Media and Entertainment (GAME), a New Technology, Sports and Entertainment Streaming Joint Venture

GAME Will Leverage Expertise and State-of-the-Art Streaming Technology Built for the YES App and MSG+  NEW YORK , Jan. 4, 2024 /PRNewswire/ -- The YES Network ("YES") and MSG Networks ("MSGN") today a...

4 months ago - PRNewsWire

SPHERE AND ICRAVE REVEAL INNOVATIVE INTERIOR DESIGN DETAILS FROM LAS VEGAS' NEWEST ENTERTAINMENT DESTINATION

ICRAVE helped lead interior, wayfinding and lighting design for public spaces in the next-generation venue LAS VEGAS and NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Sphere Entertainment (NYSE: SPHR), alo...

4 months ago - PRNewsWire

Jim Cramer evaluates if the Las Vegas Sphere is worth a buy

CNBC's Jim Cramer said the Sphere is interesting, but he is not recommending it for investors' portfolio.

4 months ago - CNBC

Sphere, buoyed by U2's successful residency, spells opportunity, say analysts

The success of U2's residency at the Sphere in Las Vegas and Sphere Entertainment Co.'s announcement of a $225 million convertible note this week spell opportunity for investors, analysts say.

5 months ago - Market Watch

Las Vegas Sphere parent company foresees positive quarter

#lasvegas #lasvegassphere #earnings #yahoofinance Sphere Entertainment (SPHR), the owner of the Las Vegas Sphere, is expected to post positive adjusted income in its first public quarter since the ven...

5 months ago - Yahoo Finance

Sphere shares soar after Macquarie raises price target to $34

Shares of Sphere Entertainment Co. SPHR, +8.52% rose 8.7% Wednesday after Macquarie Equity Research raised its price target to $34 from $32. The entertainment venue's stock is on pace for its largest ...

5 months ago - Market Watch

Sphere Stock Gets an Upgrade After an Ugly Day

Guggenheim analyst Curry Baker upgraded Sphere Entertainment stock to Buy from Neutral. The company just priced an attractive convertible bond deal.

5 months ago - Barrons

Sphere Entertainment Co. Announces Pricing of $225 Million Offering of Convertible Senior Notes

NEW YORK , Dec. 6, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) (the "Company" or "Sphere Entertainment") today announced the pricing of $225 million aggregate principal amount of 3.50% ...

5 months ago - PRNewsWire

Sphere Stock Is Lower Despite Upbeat Guidance. Debt Is an Issue.

Sphere Entertainment stock is at its lowest level since the company's Las Vegas arena opened. The move may be due to bearish bets on the stock ahead of a convertible-debt offering.

5 months ago - Barrons