Q3 EPS Forecast for Sphere Entertainment Raised by Analyst

Key Points

• Seaport Res Ptn has raised its Q3 2025 EPS estimate for Sphere Entertainment to ($1.35), up from a previous forecast of ($1.61), indicating improved earnings projections.
• Sphere Entertainment reported $3.39 earnings per share for the last quarter, significantly beating analysts' consensus estimate of ($1.57) by $4.96.
• Institutional investors hold a significant portion, with 92.03% of stock currently owned by institutional investors and hedge funds, reflecting strong institutional interest.

Sphere Entertainment Co. (NYSE:SPHR - Free Report) - Stock analysts at Seaport Res Ptn upped their Q3 2025 earnings per share (EPS) estimates for Sphere Entertainment in a report issued on Monday, August 11th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn ($1.35) per share for the quarter, up from their previous forecast of ($1.61). The consensus estimate for Sphere Entertainment's current full-year earnings is ($11.47) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment's Q4 2025 earnings at ($0.72) EPS, Q1 2026 earnings at ($0.90) EPS, Q2 2026 earnings at ($0.58) EPS, Q3 2026 earnings at ($1.03) EPS, Q4 2026 earnings at ($0.86) EPS and FY2026 earnings at ($3.37) EPS.

Several other equities research analysts have also weighed in on SPHR. Wall Street Zen raised Sphere Entertainment from a "sell" rating to a "hold" rating in a research note on Saturday, July 12th. Susquehanna assumed coverage on Sphere Entertainment in a research note on Monday, April 28th. They set a "positive" rating and a $37.00 price target on the stock. Guggenheim boosted their target price on Sphere Entertainment from $69.00 to $74.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Benchmark restated a "sell" rating and issued a $35.00 price objective on shares of Sphere Entertainment in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Sphere Entertainment from $54.00 to $55.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sphere Entertainment currently has an average rating of "Hold" and a consensus target price of $49.50.

Sphere Entertainment Stock Performance

SPHR traded up $2.14 during trading hours on Thursday, hitting $42.01. The company's stock had a trading volume of 1,125,513 shares, compared to its average volume of 808,590. Sphere Entertainment has a fifty-two week low of $23.89 and a fifty-two week high of $50.74. The firm has a market capitalization of $1.50 billion, a PE ratio of -7.90 and a beta of 1.71. The company has a 50-day simple moving average of $41.73 and a 200 day simple moving average of $37.66. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.36.

Sphere Entertainment (NYSE:SPHR - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.57) by $4.96. Sphere Entertainment had a negative return on equity of 19.27% and a negative net margin of 14.68%. The business had revenue of $282.68 million for the quarter, compared to the consensus estimate of $280.23 million. During the same quarter last year, the business posted ($2.00) EPS. The business's revenue was up 3.4% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. CWM LLC boosted its holdings in Sphere Entertainment by 915.3% in the 2nd quarter. CWM LLC now owns 731 shares of the company's stock worth $31,000 after buying an additional 659 shares during the period. GAMMA Investing LLC increased its position in shares of Sphere Entertainment by 95.3% in the second quarter. GAMMA Investing LLC now owns 744 shares of the company's stock valued at $31,000 after acquiring an additional 363 shares during the period. Sterling Capital Management LLC boosted its stake in shares of Sphere Entertainment by 826.1% during the 4th quarter. Sterling Capital Management LLC now owns 852 shares of the company's stock valued at $34,000 after purchasing an additional 760 shares in the last quarter. Ancora Advisors LLC bought a new stake in Sphere Entertainment during the fourth quarter worth about $40,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Sphere Entertainment by 108.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,311 shares of the company's stock worth $53,000 after buying an additional 681 shares in the last quarter. 92.03% of the stock is owned by institutional investors.

About Sphere Entertainment

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.