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Sphere Entertainment Co.NYSE:SPHR Stock Report

Market Cap US$2.1b
Share Price
US$59.71
My Fair Value
US$35
70.6% overvalued intrinsic discount
1Y46.6%
7D-1.0%
Portfolio Value
View

Sphere Entertainment Co.

NYSE:SPHR Stock Report

Market Cap: US$2.1b

Sphere Entertainment (SPHR) Stock Overview

Operates as a live entertainment and media company in the United States. More details

SPHR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SPHR Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Sphere Entertainment Co. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sphere Entertainment
Historical stock prices
Current Share PriceUS$59.71
52 Week HighUS$62.85
52 Week LowUS$23.89
Beta1.73
1 Month Change40.63%
3 Month Change46.28%
1 Year Change46.60%
3 Year Change26.56%
5 Year Change-14.10%
Change since IPO-32.54%

Recent News & Updates

Sphere Entertainment Co.'s (NYSE:SPHR) Shares Climb 35% But Its Business Is Yet to Catch Up

Sep 09
Sphere Entertainment Co.'s (NYSE:SPHR) Shares Climb 35% But Its Business Is Yet to Catch Up

Recent updates

Sphere Entertainment Co.'s (NYSE:SPHR) Shares Climb 35% But Its Business Is Yet to Catch Up

Sep 09
Sphere Entertainment Co.'s (NYSE:SPHR) Shares Climb 35% But Its Business Is Yet to Catch Up

Is Sphere Entertainment (NYSE:SPHR) Using Too Much Debt?

Jul 21
Is Sphere Entertainment (NYSE:SPHR) Using Too Much Debt?

SPHR: The High-Risk, High-Reward Play On Tomorrow's Entertainment Revolution

Jul 07

An Intrinsic Calculation For Sphere Entertainment Co. (NYSE:SPHR) Suggests It's 44% Undervalued

May 19
An Intrinsic Calculation For Sphere Entertainment Co. (NYSE:SPHR) Suggests It's 44% Undervalued

Does Sphere Entertainment (NYSE:SPHR) Have A Healthy Balance Sheet?

Apr 22
Does Sphere Entertainment (NYSE:SPHR) Have A Healthy Balance Sheet?

Out Of The Shadows: How Sphere's Vegas Juggernaut Can Crush Its RSN Drag

Apr 21

Sphere Entertainment Co. (NYSE:SPHR) May Have Run Too Fast Too Soon With Recent 25% Price Plummet

Apr 01
Sphere Entertainment Co. (NYSE:SPHR) May Have Run Too Fast Too Soon With Recent 25% Price Plummet

What Does Sphere Entertainment Co.'s (NYSE:SPHR) Share Price Indicate?

Mar 26
What Does Sphere Entertainment Co.'s (NYSE:SPHR) Share Price Indicate?
User avatar

International Expansion And Exosphere's New Strategy Will Strengthen Future Prospects

Expanding original content and international markets aims to boost future revenue and optimize cost efficiencies, enhancing high-margin offerings and global reach.

Subdued Growth No Barrier To Sphere Entertainment Co.'s (NYSE:SPHR) Price

Feb 02
Subdued Growth No Barrier To Sphere Entertainment Co.'s (NYSE:SPHR) Price

Sphere Entertainment: MSG Networks Bankruptcy Seems Inevitable, But Don't Panic

Jan 15

Sphere Entertainment (NYSE:SPHR) Has Debt But No Earnings; Should You Worry?

Jan 06
Sphere Entertainment (NYSE:SPHR) Has Debt But No Earnings; Should You Worry?

Sphere Entertainment Co.'s (NYSE:SPHR) Shareholders Might Be Looking For Exit

Oct 23
Sphere Entertainment Co.'s (NYSE:SPHR) Shareholders Might Be Looking For Exit

Hold On Sphere Entertainment: High Growth Comes With Debt, Cash Burn Concerns

Oct 14

Is Sphere Entertainment (NYSE:SPHR) Weighed On By Its Debt Load?

Sep 26
Is Sphere Entertainment (NYSE:SPHR) Weighed On By Its Debt Load?

An Intrinsic Calculation For Sphere Entertainment Co. (NYSE:SPHR) Suggests It's 47% Undervalued

Aug 09
An Intrinsic Calculation For Sphere Entertainment Co. (NYSE:SPHR) Suggests It's 47% Undervalued

Sphere Entertainment Co. (NYSE:SPHR) Stock Rockets 27% But Many Are Still Ignoring The Company

Jul 19
Sphere Entertainment Co. (NYSE:SPHR) Stock Rockets 27% But Many Are Still Ignoring The Company

Sphere Entertainment: Attractive Risk/Reward Profile (Upgrade)

Jul 11

Is Sphere Entertainment (NYSE:SPHR) A Risky Investment?

Jun 25
Is Sphere Entertainment (NYSE:SPHR) A Risky Investment?

At US$37.75, Is It Time To Put Sphere Entertainment Co. (NYSE:SPHR) On Your Watch List?

Jun 04
At US$37.75, Is It Time To Put Sphere Entertainment Co. (NYSE:SPHR) On Your Watch List?

Estimating The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)

Apr 26
Estimating The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)

The Sizzle Is Fading For Sphere Entertainment

Apr 22

Is Sphere Entertainment (NYSE:SPHR) Using Debt Sensibly?

Mar 05
Is Sphere Entertainment (NYSE:SPHR) Using Debt Sensibly?

Sphere Entertainment's (NYSE:SPHR) Attractive Earnings Are Not All Good News For Shareholders

Feb 12
Sphere Entertainment's (NYSE:SPHR) Attractive Earnings Are Not All Good News For Shareholders

Sphere Entertainment: What To Consider Ahead Of Q2 2024 Earnings

Feb 01

Is Now The Time To Look At Buying Sphere Entertainment Co. (NYSE:SPHR)?

Jan 13
Is Now The Time To Look At Buying Sphere Entertainment Co. (NYSE:SPHR)?

A Look At The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)

Dec 12
A Look At The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)

Sphere Continues To Dazzle, Markets Continue To Underprice

Nov 21

A Deep Dive Into Sphere's Unit Economics And Valuation

Oct 19

Should You Investigate Sphere Entertainment Co. (NYSE:SPHR) At US$41.29?

Oct 03
Should You Investigate Sphere Entertainment Co. (NYSE:SPHR) At US$41.29?

Sphere: A Social Media Sensation, A Stock With Something To Prove

Oct 02

Shareholder Returns

SPHRUS EntertainmentUS Market
7D-1.0%1.7%1.5%
1Y46.6%64.8%18.6%

Return vs Industry: SPHR underperformed the US Entertainment industry which returned 64.8% over the past year.

Return vs Market: SPHR exceeded the US Market which returned 18.6% over the past year.

Price Volatility

Is SPHR's price volatile compared to industry and market?
SPHR volatility
SPHR Average Weekly Movement7.2%
Entertainment Industry Average Movement9.4%
Market Average Movement6.5%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: SPHR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SPHR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20062,135Jim Dolanwww.sphereentertainmentco.com

Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences.

Sphere Entertainment Co. Fundamentals Summary

How do Sphere Entertainment's earnings and revenue compare to its market cap?
SPHR fundamental statistics
Market capUS$2.15b
Earnings (TTM)-US$274.15m
Revenue (TTM)US$1.04b
2.1x
P/S Ratio
-7.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPHR income statement (TTM)
RevenueUS$1.04b
Cost of RevenueUS$592.08m
Gross ProfitUS$448.86m
Other ExpensesUS$723.00m
Earnings-US$274.15m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-7.62
Gross Margin43.12%
Net Profit Margin-26.34%
Debt/Equity Ratio38.4%

How did SPHR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/22 15:25
End of Day Share Price 2025/09/19 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sphere Entertainment Co. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HickeyBenchmark Company
David BeckelBerenberg
Peter HendersonBofA Global Research