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Sphere Entertainment (SPHR) Competitors

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$144.20 -3.20 (-2.17%)
Closing price 09/15/2026 03:59 PM Eastern
Extended Trading
$144.24 +0.04 (+0.03%)
As of 09/15/2026 07:43 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

SPHR vs. WMG, TME, PSKY, MSGS, and LLYVK

Should you buy Sphere Entertainment stock or one of its competitors? Sphere Entertainment's main competitors and comparable companies include Warner Music Group (WMG), Tencent Music Entertainment Group (TME), Paramount Skydance (PSKY), Madison Square Garden (MSGS), and Liberty Media Corporation - Liberty Live Series C (LLYVK). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "movies & entertainment" industry.

How does Sphere Entertainment compare to Warner Music Group?

Sphere Entertainment (NYSE:SPHR) and Warner Music Group (NASDAQ:WMG) are both communication services companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations, valuation and media sentiment.

92.0% of Sphere Entertainment shares are owned by institutional investors. Comparatively, 96.9% of Warner Music Group shares are owned by institutional investors. 22.1% of Sphere Entertainment shares are owned by company insiders. Comparatively, 0.1% of Warner Music Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Warner Music Group has a net margin of 9.20% compared to Sphere Entertainment's net margin of -6.19%. Warner Music Group's return on equity of 85.50% beat Sphere Entertainment's return on equity.

Company Net Margins Return on Equity Return on Assets
Sphere Entertainment-6.19% -1.38% -0.74%
Warner Music Group 9.20%85.50%7.00%

Sphere Entertainment presently has a consensus target price of $166.00, indicating a potential upside of 15.12%. Warner Music Group has a consensus target price of $38.25, indicating a potential upside of 31.67%. Given Warner Music Group's higher probable upside, analysts plainly believe Warner Music Group is more favorable than Sphere Entertainment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sphere Entertainment
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86
Warner Music Group
0 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.75

Warner Music Group has higher revenue and earnings than Sphere Entertainment. Sphere Entertainment is trading at a lower price-to-earnings ratio than Warner Music Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sphere Entertainment$1.22B4.24$33.40M-$2.68N/A
Warner Music Group$6.71B2.27$365M$1.2623.06

Sphere Entertainment has a beta of 1.62, indicating that its stock price is 62% more volatile than the broader market. Comparatively, Warner Music Group has a beta of 1.31, indicating that its stock price is 31% more volatile than the broader market.

In the previous week, Warner Music Group had 1 more articles in the media than Sphere Entertainment. MarketBeat recorded 10 mentions for Warner Music Group and 9 mentions for Sphere Entertainment. Sphere Entertainment's average media sentiment score of 1.34 beat Warner Music Group's score of 0.56 indicating that Sphere Entertainment is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sphere Entertainment
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Warner Music Group
6 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Warner Music Group beats Sphere Entertainment on 10 of the 15 factors compared between the two stocks.

How does Sphere Entertainment compare to Tencent Music Entertainment Group?

Tencent Music Entertainment Group (NYSE:TME) and Sphere Entertainment (NYSE:SPHR) are both communication services companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, risk and dividends.

Tencent Music Entertainment Group presently has a consensus price target of $17.21, suggesting a potential upside of 117.97%. Sphere Entertainment has a consensus price target of $166.00, suggesting a potential upside of 15.12%. Given Tencent Music Entertainment Group's higher probable upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Sphere Entertainment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
Sphere Entertainment
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86

Tencent Music Entertainment Group has higher revenue and earnings than Sphere Entertainment. Sphere Entertainment is trading at a lower price-to-earnings ratio than Tencent Music Entertainment Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tencent Music Entertainment Group$4.71B2.64$1.54B$0.819.75
Sphere Entertainment$1.22B4.24$33.40M-$2.68N/A

Tencent Music Entertainment Group has a net margin of 26.27% compared to Sphere Entertainment's net margin of -6.19%. Tencent Music Entertainment Group's return on equity of 11.53% beat Sphere Entertainment's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.27% 11.53% 8.87%
Sphere Entertainment -6.19%-1.38%-0.74%

Tencent Music Entertainment Group has a beta of 0.85, suggesting that its share price is 15% less volatile than the broader market. Comparatively, Sphere Entertainment has a beta of 1.62, suggesting that its share price is 62% more volatile than the broader market.

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 92.0% of Sphere Entertainment shares are held by institutional investors. 22.1% of Sphere Entertainment shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Sphere Entertainment had 5 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 9 mentions for Sphere Entertainment and 4 mentions for Tencent Music Entertainment Group. Sphere Entertainment's average media sentiment score of 1.34 beat Tencent Music Entertainment Group's score of 0.48 indicating that Sphere Entertainment is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tencent Music Entertainment Group
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sphere Entertainment
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Tencent Music Entertainment Group and Sphere Entertainment tied by winning 8 of the 16 factors compared between the two stocks.

How does Sphere Entertainment compare to Paramount Skydance?

Paramount Skydance (NASDAQ:PSKY) and Sphere Entertainment (NYSE:SPHR) are both communication services companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, earnings, media sentiment, analyst recommendations, dividends, risk, institutional ownership and valuation.

Paramount Skydance has a beta of 1.5, suggesting that its stock price is 50% more volatile than the broader market. Comparatively, Sphere Entertainment has a beta of 1.62, suggesting that its stock price is 62% more volatile than the broader market.

Paramount Skydance has a net margin of -2.13% compared to Sphere Entertainment's net margin of -6.19%. Paramount Skydance's return on equity of 4.11% beat Sphere Entertainment's return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Skydance-2.13% 4.11% 1.21%
Sphere Entertainment -6.19%-1.38%-0.74%

Sphere Entertainment has lower revenue, but higher earnings than Paramount Skydance. Sphere Entertainment is trading at a lower price-to-earnings ratio than Paramount Skydance, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount Skydance$28.76B0.43-$621M$0.2937.97
Sphere Entertainment$1.22B4.24$33.40M-$2.68N/A

73.0% of Paramount Skydance shares are held by institutional investors. Comparatively, 92.0% of Sphere Entertainment shares are held by institutional investors. 0.4% of Paramount Skydance shares are held by company insiders. Comparatively, 22.1% of Sphere Entertainment shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, Paramount Skydance had 10 more articles in the media than Sphere Entertainment. MarketBeat recorded 19 mentions for Paramount Skydance and 9 mentions for Sphere Entertainment. Sphere Entertainment's average media sentiment score of 1.34 beat Paramount Skydance's score of 0.17 indicating that Sphere Entertainment is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paramount Skydance
3 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sphere Entertainment
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paramount Skydance currently has a consensus target price of $11.57, suggesting a potential upside of 5.10%. Sphere Entertainment has a consensus target price of $166.00, suggesting a potential upside of 15.12%. Given Sphere Entertainment's stronger consensus rating and higher possible upside, analysts plainly believe Sphere Entertainment is more favorable than Paramount Skydance.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Skydance
8 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
1.76
Sphere Entertainment
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86

Summary

Sphere Entertainment beats Paramount Skydance on 9 of the 16 factors compared between the two stocks.

How does Sphere Entertainment compare to Madison Square Garden?

Madison Square Garden (NYSE:MSGS) and Sphere Entertainment (NYSE:SPHR) are both mid-cap communication services companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, risk, analyst recommendations and media sentiment.

Madison Square Garden has a beta of 0.6, indicating that its stock price is 40% less volatile than the broader market. Comparatively, Sphere Entertainment has a beta of 1.62, indicating that its stock price is 62% more volatile than the broader market.

Madison Square Garden has a net margin of 0.67% compared to Sphere Entertainment's net margin of -6.19%. Sphere Entertainment's return on equity of -1.38% beat Madison Square Garden's return on equity.

Company Net Margins Return on Equity Return on Assets
Madison Square Garden0.67% -3.47% 0.64%
Sphere Entertainment -6.19%-1.38%-0.74%

68.9% of Madison Square Garden shares are held by institutional investors. Comparatively, 92.0% of Sphere Entertainment shares are held by institutional investors. 19.1% of Madison Square Garden shares are held by insiders. Comparatively, 22.1% of Sphere Entertainment shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Madison Square Garden currently has a consensus price target of $471.20, suggesting a potential upside of 19.88%. Sphere Entertainment has a consensus price target of $166.00, suggesting a potential upside of 15.12%. Given Madison Square Garden's higher possible upside, research analysts plainly believe Madison Square Garden is more favorable than Sphere Entertainment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Madison Square Garden
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44
Sphere Entertainment
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86

Sphere Entertainment has higher revenue and earnings than Madison Square Garden. Sphere Entertainment is trading at a lower price-to-earnings ratio than Madison Square Garden, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Madison Square Garden$1.15B8.20$7.76M$0.301,310.23
Sphere Entertainment$1.22B4.24$33.40M-$2.68N/A

In the previous week, Sphere Entertainment had 2 more articles in the media than Madison Square Garden. MarketBeat recorded 9 mentions for Sphere Entertainment and 7 mentions for Madison Square Garden. Sphere Entertainment's average media sentiment score of 1.34 beat Madison Square Garden's score of 0.68 indicating that Sphere Entertainment is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Madison Square Garden
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sphere Entertainment
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Sphere Entertainment beats Madison Square Garden on 10 of the 16 factors compared between the two stocks.

How does Sphere Entertainment compare to Liberty Media Corporation - Liberty Live Series C?

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) and Sphere Entertainment (NYSE:SPHR) are both mid-cap communication services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, valuation, earnings, dividends and media sentiment.

Liberty Media Corporation - Liberty Live Series C has a net margin of 0.00% compared to Sphere Entertainment's net margin of -6.19%. Liberty Media Corporation - Liberty Live Series C's return on equity of 0.00% beat Sphere Entertainment's return on equity.

Company Net Margins Return on Equity Return on Assets
Liberty Media Corporation - Liberty Live Series CN/A N/A N/A
Sphere Entertainment -6.19%-1.38%-0.74%

60.4% of Liberty Media Corporation - Liberty Live Series C shares are owned by institutional investors. Comparatively, 92.0% of Sphere Entertainment shares are owned by institutional investors. 22.1% of Sphere Entertainment shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Sphere Entertainment had 5 more articles in the media than Liberty Media Corporation - Liberty Live Series C. MarketBeat recorded 9 mentions for Sphere Entertainment and 4 mentions for Liberty Media Corporation - Liberty Live Series C. Liberty Media Corporation - Liberty Live Series C's average media sentiment score of 1.87 beat Sphere Entertainment's score of 1.34 indicating that Liberty Media Corporation - Liberty Live Series C is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Liberty Media Corporation - Liberty Live Series C
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Sphere Entertainment
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Sphere Entertainment has a consensus price target of $166.00, indicating a potential upside of 15.12%. Given Sphere Entertainment's stronger consensus rating and higher possible upside, analysts clearly believe Sphere Entertainment is more favorable than Liberty Media Corporation - Liberty Live Series C.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Liberty Media Corporation - Liberty Live Series C
2 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Sphere Entertainment
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86

Sphere Entertainment has higher revenue and earnings than Liberty Media Corporation - Liberty Live Series C. Sphere Entertainment is trading at a lower price-to-earnings ratio than Liberty Media Corporation - Liberty Live Series C, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Liberty Media Corporation - Liberty Live Series CN/AN/AN/A-$4.53N/A
Sphere Entertainment$1.22B4.24$33.40M-$2.68N/A

Liberty Media Corporation - Liberty Live Series C has a beta of 0.97, meaning that its share price is 3% less volatile than the broader market. Comparatively, Sphere Entertainment has a beta of 1.62, meaning that its share price is 62% more volatile than the broader market.

Summary

Sphere Entertainment beats Liberty Media Corporation - Liberty Live Series C on 9 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SPHR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SPHR vs. The Competition

MetricSphere EntertainmentEntertainment IndustryCommunication Services SectorNYSE Exchange
Market Cap$5.29B$10.87B$34.11B$23.26B
Dividend YieldN/A3.86%5.32%3.58%
P/E Ratio-53.8126.08231.5028.40
Price / Sales4.24113.3462.0120.31
Price / Cash28.2436.9320.9834.34
Price / Book2.296.7511.704.69
Net Income$33.40M$74.90M$1.10B$1.07B
7 Day Performance2.37%0.56%-0.01%-1.48%
1 Month Performance-14.08%-1.46%-2.06%-4.27%
1 Year Performance141.99%-11.10%-8.35%8.97%

Sphere Entertainment Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPHR
Sphere Entertainment
2.9899 of 5 stars
$144.20
-2.2%
$166.00
+15.1%
+138.8%$5.29B$1.22BN/A3,300
WMG
Warner Music Group
4.8208 of 5 stars
$28.78
flat
$38.77
+34.7%
-13.3%$15.06B$6.71B22.845,500
TME
Tencent Music Entertainment Group
4.0672 of 5 stars
$8.27
+0.1%
$17.21
+108.1%
-69.1%$13.00B$4.71B10.215,690
PSKY
Paramount Skydance
4.0771 of 5 stars
$10.86
flat
$11.38
+4.8%
-40.7%$12.18B$28.89B37.4517,600
MSGS
Madison Square Garden
2.3255 of 5 stars
$391.29
+0.0%
$471.20
+20.4%
+86.2%$9.42B$1.15B1,304.341,017

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This page (NYSE:SPHR) was last updated on 9/16/2026 by MarketBeat.com Staff.
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