Sphere Entertainment (SPHR) Projected to Post 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 projected to post its Q2 2025 quarterly 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 released its quarterly earnings results on Thursday, May 8th. The company reported ($2.27) earnings per share for the quarter, beating the consensus estimate of ($2.48) by $0.21. The firm had revenue of $280.57 million for the quarter, compared to analysts' expectations of $285.01 million. Sphere Entertainment had a negative net margin of 33.00% and a negative return on equity of 16.78%. The business's revenue was down 12.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.33) EPS. 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

Sphere Entertainment stock traded down $1.16 during trading hours on Friday, hitting $40.26. The company had a trading volume of 1,128,520 shares, compared to its average volume of 631,620. The firm has a market cap of $1.44 billion, a PE ratio of -4.02 and a beta of 1.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.53 and a quick ratio of 0.53. Sphere Entertainment has a one year low of $23.89 and a one year high of $50.88. The firm has a 50-day moving average of $41.56 and a 200 day moving average of $37.93.

Analysts Set New Price Targets

Several research analysts have weighed in on SPHR shares. JPMorgan Chase & Co. increased their price target on shares of Sphere Entertainment from $54.00 to $55.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Susquehanna started coverage on shares of Sphere Entertainment in a report on Monday, April 28th. They issued a "positive" rating and a $37.00 price target on the stock. Wall Street Zen raised shares of Sphere Entertainment from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. The Goldman Sachs Group set a $36.00 target price on shares of Sphere Entertainment and gave the stock a "buy" rating in a report on Friday, April 18th. Finally, Benchmark reaffirmed a "sell" rating and set a $35.00 target price on shares of Sphere Entertainment in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Sphere Entertainment has an average rating of "Hold" and a consensus target price of $48.70.

Institutional Trading of Sphere Entertainment

Several large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sphere Entertainment by 5.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,270 shares of the company's stock worth $532,000 after acquiring an additional 831 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Sphere Entertainment by 5.5% during the 1st quarter. Royal Bank of Canada now owns 150,614 shares of the company's stock worth $4,928,000 after acquiring an additional 7,891 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Sphere Entertainment by 132.0% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 92.03% of the company's stock.

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.