Sphere Entertainment Co. (SPHR) is a publicly traded company in the Communication Services — Entertainment industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Sphere Entertainment Co. is a prominent player in the entertainment sector, specializing in orchestrating, staging, and hosting a diverse array of live events. This encompasses musical concerts, family-oriented productions, and unique special occasions, alongside a variety of athletic competitions. Its sports programming includes professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports tournaments, and wrestling matches.
Is Sphere Entertainment Co. stock overvalued or undervalued in 2026?
As of October 30, 2026, Sphere Entertainment Co. (SPHR) trades at $109.14 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Sphere Entertainment Co.
Market cap $4B · 52 weeks $66 – $176 (38 % below the high) · P/E no earnings · Dividend none · Next earnings November 3, 2026 · expected EPS -$1.66 · Closing price, Oct 30 · accounts published Jul 30.
- Valuation: EV/EBITDA 22.7× (no earnings).
- Business: EBITDA margin 38.0 % (solid).
- Balance sheet: Net debt/EBITDA 0.9× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
What matters in communication: 4 of 5 pass
- FCF yield 4.9 %, borderline.
- 3y revenue growth 26.9 %, passes.
- EBITDA margin 38.0 %, passes.
- Capex / Revenue 4.3 %, passes.
- Net debt / EBITDA 0.9×, passes.
- Payout on FCF n/a: it pays no dividend, info.
Against its peers (reference peers) — Sphere Entertainment Co.: P/E —; EV/EBITDA 22.7×; ROIC -0.8 %; $3.9B. Madison Square Garden Entertainment Corp. (P/E 58.2×; EV/EBITDA —; ROIC 2.5 %; $3.8B), Atlanta Braves Holdings, Inc. (P/E 105×; EV/EBITDA 80.8×; ROIC -2.3 %; $3.5B), AMC Entertainment Holdings, Inc. (P/E —; EV/EBITDA 22.4×; ROIC 4.0 %; $2.7B).
Profitability
| Return on Equity | -3.17% |
| Return on Invested Capital | -0.80% |
| Return on Assets | -1.59% |
| Gross Margin | 54.23% |
| Operating Margin | -5.65% |
| Net Margin | -5.18% |
Financial Health
| Debt / Equity | 0.43 |
| Current Ratio | 1.07 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 1.82 |
Price Performance
| 1 month | -14.90% |
| 3 months | -31.16% |
| Year-to-date | +14.79% |
| 1 year | +59.37% |
| 3 years | +199.10% |
| 5 years | +222.14% |
Related companies: BATRA · LION · MSGE · IHS · AMC
Explore sector: Communication Services · Entertainment
More sections of SPHR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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