Sphere Entertainment (SPHR) to Release Earnings on Wednesday

Key Points

• Sphere Entertainment is set to release its Q4 2025 earnings on August 13th, with analysts expecting a loss of ($1.67) per share.
• In its last earnings report, the company reported a loss of ($2.27) EPS, beating expectations but showing a 12.7% decline in revenue year-over-year.
• Analysts have ratings ranging from "buy" to "sell" on Sphere Entertainment, with an average target price of $48.70.

Sphere Entertainment (NYSE:SPHR - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Wednesday, August 13th. Analysts expect Sphere Entertainment to post earnings of ($1.67) per share and revenue of $280.23 million for the quarter.

Sphere Entertainment (NYSE:SPHR - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($2.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.48) by $0.21. Sphere Entertainment had a negative net margin of 33.00% and a negative return on equity of 16.78%. The business had revenue of $280.57 million for the quarter, compared to analysts' expectations of $285.01 million. During the same quarter in the prior year, the business earned ($1.33) EPS. The business's revenue for the quarter was down 12.7% compared to the same quarter last year. On average, analysts expect Sphere Entertainment to post $-11 EPS for the current fiscal year and $-9 EPS for the next fiscal year.

Sphere Entertainment Stock Performance

SPHR stock traded up $1.02 on Wednesday, hitting $42.47. The company had a trading volume of 794,604 shares, compared to its average volume of 627,935. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.24. Sphere Entertainment has a 12-month low of $23.89 and a 12-month high of $50.88. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -4.24 and a beta of 1.71. The stock's 50-day simple moving average is $41.35 and its 200 day simple moving average is $37.90.

Analyst Ratings Changes

SPHR has been the topic of several analyst reports. Benchmark reaffirmed a "sell" rating and set a $35.00 price target on shares of Sphere Entertainment in a report on Monday, May 19th. JPMorgan Chase & Co. increased their price target on Sphere Entertainment from $54.00 to $55.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. Wall Street Zen upgraded Sphere Entertainment from a "sell" rating to a "hold" rating in a research note on Saturday, July 12th. Morgan Stanley dropped their target price on shares of Sphere Entertainment from $45.00 to $32.00 and set an "equal weight" rating for the company in a research report on Thursday, April 10th. Finally, Susquehanna began coverage on Sphere Entertainment in a report on Monday, April 28th. They issued a "positive" rating and a $37.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $48.70.

Institutional Investors Weigh In On Sphere Entertainment

Hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in shares of Sphere Entertainment by 132.0% during the first quarter. Goldman Sachs Group Inc. now owns 628,886 shares of the company's stock worth $20,577,000 after acquiring an additional 357,794 shares during the period. Royal Bank of Canada lifted its holdings in Sphere Entertainment by 5.5% during the first quarter. Royal Bank of Canada now owns 150,614 shares of the company's stock worth $4,928,000 after buying an additional 7,891 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Sphere Entertainment by 5.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,270 shares of the company's stock valued at $532,000 after acquiring an additional 831 shares during the period. Hedge funds and other institutional investors own 92.03% of the company's stock.

Sphere Entertainment Company Profile

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.