Sphere Entertainment Co. (SPHR)

Sphere Entertainment Co. Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for SPHR stock have an average target of 49.33, with a low estimate of 40 and a high estimate of 63. The average target predicts an increase of 27.47% from the current stock price of 38.70.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$49.33	$45	$63
Change	+3.36%	+27.47%	+16.28%	+62.79%

* Price targets were last updated on Nov 13, 2024.

Analyst Ratings

The average analyst rating for SPHR stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	2	3	3	3	3
Buy	0	1	1	2	2	2
Hold	7	5	4	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	1	1	1	1
Total	8	8	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Golding Macquarie	Macquarie	Hold Maintains $47 → $45	Hold	Maintains	$47 → $45	+16.28%	Nov 13, 2024
Paul Golding Macquarie	Macquarie	Hold Maintains $47	Hold	Maintains	$47	+21.45%	Oct 23, 2024
Peter Supino Wolfe Research	Wolfe Research	Hold → Buy Upgrades $60	Hold → Buy	Upgrades	$60	+55.04%	Oct 2, 2024
Curry Baker Guggenheim	Guggenheim	Strong Buy Maintains $58 → $63	Strong Buy	Maintains	$58 → $63	+62.79%	Sep 19, 2024
Peter Henderson B of A Securities	B of A Securities	Hold Maintains $45 → $43	Hold	Maintains	$45 → $43	+11.11%	Sep 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.13B

Increased by 9.65%

from 1.03B

Revenue Next Year

1.24B

Increased by 9.95%

from 1.13B

EPS This Year

-9.80

from -5.68

EPS Next Year

-7.62

from -9.80

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	1.44B	647.51M	610.06M	573.83M	1.03B	1.13B	1.24B	1.29B
Revenue Growth	36.91%	-54.91%	-5.78%	-5.94%	78.95%	9.65%	9.95%	4.20%
EPS	5.20	-4.59	-5.77	14.40	-5.68	-9.80	-7.62	-5.90
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	8	8	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.2B	1.3B	1.4B
Avg	1.1B	1.2B	1.3B
Low	1.1B	1.1B	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	17.4%	18.7%	13.6%
Avg	9.7%	9.9%	4.2%
Low	2.4%	0.2%	-7.5%

EPS Forecast

EPS	2025	2026	2027
High	-7.19	-5.26	-4.40
Avg	-9.80	-7.62	-5.90
Low	-12.87	-12.73	-8.75

EPS Growth

EPS Growth	2025	2026	2027
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.