S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
NYSE:SPHR

Sphere Entertainment (SPHR) Stock Forecast, Price & News

$26.40
+0.81 (+3.17%)
(As of 06/9/2023 ET)
Compare
Today's Range
$25.45
$26.43
50-Day Range
N/A
52-Week Range
$20.68
$69.97
Volume
341,007 shs
Average Volume
511,487 shs
Market Capitalization
$912.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.00

Sphere Entertainment MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.3% Downside
$25.00 Price Target
Short Interest
Bearish
12.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Sphere Entertainment in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.43) to ($1.77) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.31 out of 5 stars

Consumer Discretionary Sector

250th out of 259 stocks

Amusement & Recreation Services Industry

12th out of 13 stocks


SPHR stock logo

About Sphere Entertainment (NYSE:SPHR) Stock

Madison Square Garden Entertainment Corp. provides entertainment experiences. The Company presents or hosts events in its diverse collection of venues: New York's Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA and The Chicago Theatre. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cath?drale. Madison Square Garden Entertainment Corp. is based in NEW YORK.

Receive SPHR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sphere Entertainment and its competitors with MarketBeat's FREE daily newsletter.

SPHR Stock News Headlines

The Latest Analyst Ratings for Sphere Entertainment
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Bear of the Day: Sphere Entertainment (SPHR)
Should You Hold Sphere Entertainment Co. (SPHR)?
The gold catalyst we've waited for
Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Sphere Entertainment (SPHR) vs. Its Rivals Critical Contrast
Reviewing Sphere Entertainment (SPHR) & The Competition
Sphere Entertainment (SPHR) & Its Rivals Critical Analysis
Reviewing Sphere Entertainment (SPHR) and Its Rivals
See More Headlines

SPHR Price History

SPHR Company Calendar

Today
6/10/2023
Fiscal Year End
6/30/2023
Next Earnings (Estimated)
8/18/2023

Industry, Sector and Symbol

Industry
Amusement & recreation services
Sub-Industry
N/A
Fax
N/A
Employees
10,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
-5.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-194,400,000.00
Pretax Margin
-7.89%

Debt

Sales & Book Value

Annual Sales
$1.72 billion
Cash Flow
$0.45 per share
Book Value
$57.70 per share

Miscellaneous

Free Float
26,054,000
Market Cap
$912.12 million
Optionable
Not Optionable
Beta
1.27














SPHR Stock - Frequently Asked Questions

Should I buy or sell Sphere Entertainment stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPHR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPHR, but not buy additional shares or sell existing shares.
View SPHR analyst ratings
or view top-rated stocks.

What is Sphere Entertainment's stock price forecast for 2023?

3 analysts have issued 12-month price targets for Sphere Entertainment's stock. Their SPHR share price forecasts range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts price targets for SPHR
or view top-rated stocks among Wall Street analysts.

How have SPHR shares performed in 2023?

Sphere Entertainment's stock was trading at $26.97 at the beginning of 2023. Since then, SPHR shares have decreased by 2.1% and is now trading at $26.40.
View the best growth stocks for 2023 here
.

When is Sphere Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 18th 2023.
View our SPHR earnings forecast
.

What ETFs hold Sphere Entertainment's stock?

ETFs with the largest weight of Sphere Entertainment (NYSE:SPHR) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD).Avantis U.S. Small Cap Equity ETF (AVSC).

What is Sphere Entertainment's stock symbol?

Sphere Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPHR."

How do I buy shares of Sphere Entertainment?

Shares of SPHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sphere Entertainment's stock price today?

One share of SPHR stock can currently be purchased for approximately $26.40.

How much money does Sphere Entertainment make?

Sphere Entertainment (NYSE:SPHR) has a market capitalization of $912.12 million and generates $1.72 billion in revenue each year. The company earns $-194,400,000.00 in net income (profit) each year or ($3.99) on an earnings per share basis.

How many employees does Sphere Entertainment have?

The company employs 10,900 workers across the globe.

How can I contact Sphere Entertainment?

Sphere Entertainment's mailing address is TWO PENNSYLVANIA PLAZA, NEW YORK NY, 10121. The official website for the company is www.msgentertainment.com. The company can be reached via phone at 212-465-6000 or via email at investor@msg.com.

This page (NYSE:SPHR) was last updated on 6/10/2023 by MarketBeat.com Staff

My Account -