Sphere Entertainment Co. (SPHR)
NYSE: SPHR · IEX Real-Time Price · USD
39.26
-2.00 (-4.85%)
At close: May 10, 2024, 4:00 PM
39.39
+0.13 (0.33%)
After-hours: May 10, 2024, 7:44 PM 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 35.6, with a low estimate of 26 and a high estimate of 43. The average target predicts a decrease of -9.32% from the current stock price of 39.26.
Analyst Consensus: Hold
* Price targets were last updated on Feb 7, 2024.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +9.53% | Feb 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $33 → $37 | Hold | Maintains | $33 → $37 | -5.76% | Feb 6, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jan 17, 2024 |
| Seaport Global | Seaport Global | Hold → Strong Buy Upgrades $38 | Hold → Strong Buy | Upgrades | $38 | -3.21% | Dec 7, 2023 |
Financial Forecast
Revenue This Year
1.08B
from 573.83M
Increased by 87.69%
Revenue Next Year
1.24B
from 1.08B
Increased by 15.13%
EPS This Year
-4.39
from 14.40
EPS Next Year
-1.95
from -4.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.4B | 1.4B | 1.5B |
| Avg | 1.1B | 1.2B | 1.3B | 1.5B |
| Low | 1.0B | 1.1B | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 97.4% | 30.4% | 16.4% | 15.6% |
| Avg | 87.7% | 15.1% | 4.1% | 12.3% |
| Low | 77.4% | 2.8% | -7.6% | 8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.27 | 7.56 | 12.31 |
| Avg | -4.39 | -1.95 | -0.03 |
| Low | -5.60 | -6.32 | -5.01 |
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.