Wall Street analyst estimates for Sphere Entertainment Co. (SPHR): consensus price target and buy/hold/sell recommendations.
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.
Consensus price target
$170.20 (+62 % vs price $104.99)
between $132.00 and $200.00 · 10 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 13 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 16 |
| Avg rating (−2 sell to +2 buy) | 0.81 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $-1.66 | ||
| 2026-07-30 | $-1.07 | $-1.51 | +29.1% |
| 2026-05-05 | $0.01 | $-0.31 | +103.2% |
| 2026-02-12 | $1.23 | $-0.12 | +1125.0% |
| 2025-11-04 | $-1.37 | $-1.62 | +15.4% |
| 2025-08-11 | $-2.71 | $-1.57 | -72.6% |
| 2025-05-08 | $-2.27 | $-2.48 | +8.5% |
| 2025-03-03 | $-3.49 | $-2.15 | -62.3% |
Valuation Ratios
| Price / Book | 1.70 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $711.0M | $989.0M | $1.05B | $1.44B | $647.5M | $610.1M | $573.8M | $1.03B | $1.03B | $1.22B |
| Cost of Revenue | $517.1M | $635.2M | $670.6M | $790.5M | $262.9M | $320.3M | $342.2M | $547.8M | $804.3M | $590.0M |
| Gross Profit | $193.9M | $353.8M | $378.3M | $645.5M | $384.7M | $289.8M | $231.6M | $479.1M | $222.6M | $630.1M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $194.3M | $273.0M | $314.5M | $433.2M | $301.9M | $419.8M | $452.1M | $432.9M | $380.8M | $441.9M |
| Operating Expenses | $292.4M | $385.1M | $423.9M | $410.3M | $320.1M | $455.5M | $504.7M | $820.3M | $445.6M | $778.3M |
| Operating Income | -$98.4M | -$31.3M | -$45.6M | $235.2M | $64.5M | -$165.7M | -$273.0M | -$341.2M | -$223.0M | -$148.3M |
| EBITDA | -$20.4M | $95.3M | $94.9M | $400.1M | $185.7M | -$43.1M | $378.8M | -$23.9M | $81.5M | $464.2M |
| Interest Expense | $1.9M | $12.2M | $5.6M | $36.6M | $20.2M | $20.4M | 0 | $79.9M | $79.9M | $70.5M |
| Pre-tax Income | -$120.4M | -$28.9M | -$20.0M | $251.5M | $43.5M | -$167.7M | $275.4M | -$360.2M | -$360.2M | $57.2M |
| Income Tax | -$7.8M | -$30.8M | $443,000 | $101.7M | $38.9M | -$29.8M | $103.4M | -$135.6M | -$135.6M | $23.8M |
| Net Income | -$108.5M | $6.9M | -$8.2M | $181.7M | -$148.2M | -$194.4M | $502.8M | -$200.6M | -$200.6M | $33.4M |
| EPS | -$4.57 | $0.29 | -$0.34 | $0.72 | -$0.12 | -$5.77 | $14.51 | -$5.68 | -$5.68 | $0.93 |
| EPS (Diluted) | -$4.57 | $0.29 | -$0.34 | $0.72 | -$0.13 | -$5.77 | $14.40 | -$5.68 | -$5.68 | $0.74 |
| Shares Outstanding (Diluted) | 23.8 M | 24.0 M | 24.0 M | 24.0 M | 24.2 M | 34.3 M | 34.9 M | 35.3 M | 35.9 M | 45.3 M |
Price
| Price | $104.99 (closing price, November 2, 2026) |
| Market Cap | $3.8B |
| Exchange | NYSE |
| Country | US |
Related companies: BATRA · LION · MSGE · IHS · AMC
Explore sector: Communication Services · Entertainment
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