Sphere Entertainment Co. (SPHR)
NYSE: SPHR · IEX Real-Time Price · USD
43.06
-0.38 (-0.87%)
At close: Jul 19, 2024, 4:00 PM
43.00
-0.06 (-0.14%)
Pre-market: Jul 22, 2024, 4:50 AM EDT
Sphere Entertainment Co. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for SPHR stock have an average target of 40, with a low estimate of 32 and a high estimate of 45. The average target predicts a decrease of -7.11% from the current stock price of 43.06.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SPHR stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $42 → $45 | Hold | Maintains | $42 → $45 | +4.51% | Jul 11, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $48 → $43 | Strong Buy | Maintains | $48 → $43 | -0.14% | Jun 27, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 8, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $43 | Hold | Initiates | $43 | -0.14% | Feb 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $33 → $37 | Hold | Maintains | $33 → $37 | -14.07% | Feb 6, 2024 |
Financial Forecast
Revenue This Year
1.05B
from 573.83M
Increased by 83.50%
Revenue Next Year
1.21B
from 1.05B
Increased by 14.43%
EPS This Year
-5.58
from 14.40
EPS Next Year
-5.30
from -5.58
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.4B | 1.4B | 1.2B |
| Avg | 1.1B | 1.2B | 1.3B | 1.1B |
| Low | 997.6M | 1.0B | 1.2B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 92.4% | 29.3% | 18.0% | -8.3% |
| Avg | 83.5% | 14.4% | 6.2% | -10.9% |
| Low | 73.9% | -1.4% | -2.2% | -14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.06 | -1.82 | -0.88 |
| Avg | -5.58 | -5.30 | -4.72 |
| Low | -6.67 | -7.72 | -5.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.