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S&P 500   4,205.45
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10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
How to Invest in AI's Fast-Growing Market (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
How to Invest in AI's Fast-Growing Market (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
How to Invest in AI's Fast-Growing Market (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
How to Invest in AI's Fast-Growing Market (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
How to Invest in AI's Fast-Growing Market (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
How to Invest in AI's Fast-Growing Market (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
NYSE:SPHR

Sphere Entertainment (SPHR) Stock Forecast, Price & News

$24.02
-0.85 (-3.42%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$22.88
$24.90
50-Day Range
N/A
52-Week Range
$20.68
$69.97
Volume
680,400 shs
Average Volume
322,121 shs
Market Capitalization
$829.89 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
4.1% Upside
$25.00 Price Target
Short Interest
Bearish
12.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Sphere Entertainment in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.43) to ($0.80) Per Share

Overall MarketRank

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

1.32 out of 5 stars

Consumer Discretionary Sector

264th out of 277 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.

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SPHR Stock News Headlines

Sphere Entertainment (SPHR) vs. Its Rivals Critical Contrast
How to Invest in AI's Fast-Growing Market
The AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.
Reviewing Sphere Entertainment (SPHR) & The Competition
Sphere Entertainment (SPHR) & Its Rivals Critical Analysis
The Largest Ever Technology Wave Is Coming!
This summer, a small tech company will launch a key technology to advance artificial intelligence, or AI, that can think, reason and make decisions like humans. It will change the world, just like electricity did.
Reviewing Sphere Entertainment (SPHR) and Its Rivals
See More Headlines
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SPHR Company Calendar

Today
5/30/2023
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
+4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$1.72 billion
Cash Flow
$0.44 per share
Book Value
$57.70 per share

Miscellaneous

Free Float
26,054,000
Market Cap
$829.89 million
Optionable
Not Optionable
Beta
1.26














SPHR Stock - Frequently Asked Questions

Should I buy or sell Sphere Entertainment stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last year. There are currently 2 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?

2 equities research analysts have issued 1-year price objectives for Sphere Entertainment's shares. Their SPHR share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price.
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 10.9% and is now trading at $24.02.
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 $24.02.

How much money does Sphere Entertainment make?

Sphere Entertainment (NYSE:SPHR) has a market capitalization of $829.89 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 5/30/2023 by MarketBeat.com Staff

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