Sphere Entertainment (SPHR) Stock Forecast, Price Target & Predictions
SPHR Stock Forecast
Sphere Entertainment stock forecast is as follows: an average price target of $54.75 (represents a 41.47% upside from SPHR’s last price of $38.70) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
SPHR Price Target
The average price target for Sphere Entertainment (SPHR) is $54.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $64.00 to $47.00. This represents a potential 41.47% upside from SPHR's last price of $38.70.
SPHR Analyst Ratings
According to 6 Wall Street analysts, Sphere Entertainment's rating consensus is 'Buy'. The analyst rating breakdown for SPHR stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Sphere Entertainment Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 12, 2024 | Curry Baker | Guggenheim | $64.00 | $40.96 | 56.25% | 65.37% |
| Oct 22, 2024 | Curry Baker | Guggenheim | $68.00 | $45.30 | 50.11% | 75.71% |
| Oct 02, 2024 | Peter Supino | Wolfe Research | $60.00 | $45.49 | 31.90% | 55.04% |
| Aug 16, 2024 | Paul Golding | Macquarie | $47.00 | $49.85 | -5.72% | 21.45% |
| Aug 06, 2024 | David Joyce | Seaport Global | $48.00 | $39.06 | 22.89% | 24.03% |
| Jun 27, 2024 | Curry Baker | Guggenheim | $43.00 | $34.48 | 24.71% | 11.11% |
The latest Sphere Entertainment stock forecast, released on Nov 12, 2024 by Curry Baker from Guggenheim, set a price target of $64.00, which represents a 56.25% increase from the stock price at the time of the forecast ($40.96), and a 65.37% increase from SPHR last price ($38.70).
Sphere Entertainment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $64.00 | $55.00 |
| Last Closing Price | $38.70 | $38.70 | $38.70 |
| Upside/Downside | -100.00% | 65.37% | 42.12% |
In the current month, the average price target of Sphere Entertainment stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sphere Entertainment's last price of $38.70. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 13, 2024 | Benchmark | Sell | Sell | Hold |
| Nov 12, 2024 | Guggenheim | Buy | Buy | Hold |
| Oct 14, 2024 | Guggenheim | Buy | Buy | Hold |
| Oct 02, 2024 | Wolfe Research | Outperform | Upgrade | |
| Sep 04, 2024 | Seaport Global | Buy | Buy | Hold |
| Sep 03, 2024 | Benchmark | Neutral | Sell | Downgrade |
| Aug 16, 2024 | Macquarie | Neutral | Neutral | Hold |
| Aug 06, 2024 | Seaport Global | Neutral | Buy | Upgrade |
| Jul 23, 2024 | Benchmark | Hold | Initialise | |
| Jul 11, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 27, 2024 | Guggenheim | Buy | Buy | Hold |
| Apr 08, 2024 | Seaport Global | Neutral | Downgrade | |
| May 26, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Sphere Entertainment's last stock rating was published by Benchmark on Nov 13, 2024. The company gave SPHR a "Sell" rating, the same as its previous rate.
Sphere Entertainment Financial Forecast
Sphere Entertainment Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $363.30M | $642.20M | $401.22M | $453.54M | $460.13M | $516.44M | $294.51M | $99.78M | $43.10M | $23.14M | $14.38M | $9.00M | $199.86M |
| Avg Forecast | $302.28M | $286.19M | $320.34M | $264.92M | $367.05M | $331.04M | $320.42M | $247.36M | $298.05M | $300.46M | $289.41M | $229.86M | $271.28M | $324.65M | $303.28M | $117.35M | $129.22M | $415.32M | $601.49M | $404.98M | $413.96M | $441.68M | $538.97M | $281.90M | $71.46M | $44.48M | $19.03M | $14.38M | $18.81M | $156.25M |
| High Forecast | $307.90M | $291.51M | $326.29M | $269.85M | $373.87M | $337.19M | $326.37M | $251.96M | $303.59M | $307.32M | $294.54M | $234.13M | $271.28M | $324.65M | $312.96M | $122.14M | $131.62M | $423.04M | $612.67M | $404.98M | $413.96M | $441.68M | $538.97M | $281.90M | $71.46M | $44.48M | $19.03M | $14.38M | $18.81M | $156.25M |
| Low Forecast | $294.14M | $278.48M | $311.71M | $257.79M | $357.16M | $322.11M | $311.78M | $240.70M | $290.02M | $290.82M | $285.42M | $223.67M | $271.28M | $324.65M | $293.68M | $114.13M | $125.73M | $404.13M | $585.28M | $404.98M | $413.96M | $441.68M | $538.97M | $281.90M | $71.46M | $44.48M | $19.03M | $14.38M | $18.81M | $156.25M |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 1.07% | 0.99% | 1.10% | 1.04% | 0.96% | 1.04% | 1.40% | 0.97% | 1.22% | 1.00% | 0.48% | 1.28% |
Sphere Entertainment's average Quarter revenue forecast for Jun 23 based on 1 analysts is $129.22M, with a low forecast of $125.73M, and a high forecast of $131.62M. SPHR's average Quarter revenue forecast represents a -64.43% decrease compared to the company's last Quarter revenue of $363.30M (Mar 23).
Sphere Entertainment EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-19.08M | $120.74M | $-6.63M | $-38.27M | $39.54M | $56.96M | $-49.07M | $-79.21M | $-46.41M | $-95.86M | $-47.28M | $-77.80M | $-31.95M |
| Avg Forecast | $67.84M | $64.23M | $71.89M | $59.46M | $82.38M | $74.29M | $71.91M | $55.52M | $66.89M | $67.43M | $64.95M | $51.59M | $60.88M | $72.86M | $68.06M | $26.34M | $29.00M | $93.21M | $134.99M | $93.46M | $95.53M | $101.93M | $124.39M | $65.06M | $16.49M | $10.27M | $4.39M | $3.32M | $4.34M | $36.06M |
| High Forecast | $69.10M | $65.42M | $73.23M | $60.56M | $83.91M | $75.67M | $73.25M | $56.55M | $68.13M | $68.97M | $66.10M | $52.55M | $60.88M | $72.86M | $70.24M | $27.41M | $29.54M | $94.94M | $137.50M | $93.46M | $95.53M | $101.93M | $124.39M | $65.06M | $16.49M | $10.27M | $4.39M | $3.32M | $4.34M | $36.06M |
| Low Forecast | $66.01M | $62.50M | $69.96M | $57.85M | $80.16M | $72.29M | $69.97M | $54.02M | $65.09M | $65.27M | $64.06M | $50.20M | $60.88M | $72.86M | $65.91M | $25.61M | $28.22M | $90.70M | $131.35M | $93.46M | $95.53M | $101.93M | $124.39M | $65.06M | $16.49M | $10.27M | $4.39M | $3.32M | $4.34M | $36.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.20% | 0.89% | -0.07% | -0.40% | 0.39% | 0.46% | -0.75% | -4.80% | -4.52% | -21.83% | -14.25% | -17.92% | -0.89% |
1 analysts predict SPHR's average Quarter EBITDA for Mar 23 to be $93.21M, with a high of $94.94M and a low of $90.70M. This is -22.80% lower than Sphere Entertainment's previous annual EBITDA (Dec 22) of $120.74M.
Sphere Entertainment Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-56.85M | $67.58M | $-44.76M | $-99.94M | $-17.49M | $2.27M | $-86.85M | $-117.77M | $-79.61M | $-124.86M | $-89.84M | $126.63M | $-128.59M |
| Avg Forecast | $-85.93M | $-103.64M | $-82.48M | $-46.53M | $-46.95M | $-59.25M | $-47.09M | $-66.99M | $-79.76M | $-82.69M | $-84.45M | $-109.96M | $-72.64M | $-6.82M | $-17.41M | $-58.76M | $-32.85M | $-4.98M | $18.78M | $-15.28M | $-2.59M | $650.18K | $19.35M | $-18.81M | $-53.62M | $-65.46M | $-69.11M | $-60.60M | $-72.79M | $-39.39M |
| High Forecast | $-82.92M | $-100.01M | $-79.59M | $-44.90M | $-45.31M | $-57.17M | $-45.44M | $-64.64M | $-76.96M | $-61.83M | $-67.95M | $-106.10M | $-70.09M | $-6.58M | $-1.43M | $-57.21M | $-31.70M | $-4.80M | $19.23M | $-15.28M | $-2.59M | $650.18K | $19.35M | $-18.81M | $-53.62M | $-65.46M | $-69.11M | $-60.60M | $-72.79M | $-39.39M |
| Low Forecast | $-88.01M | $-106.15M | $-84.48M | $-47.65M | $-48.09M | $-60.68M | $-48.22M | $-68.61M | $-81.68M | $-107.65M | $-100.95M | $-112.61M | $-74.39M | $-6.98M | $-27.43M | $-60.63M | $-33.64M | $-5.10M | $18.12M | $-15.28M | $-2.59M | $650.18K | $19.35M | $-18.81M | $-53.62M | $-65.46M | $-69.11M | $-60.60M | $-72.79M | $-39.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.42% | 3.60% | 2.93% | 38.62% | -26.90% | 0.12% | 4.62% | 2.20% | 1.22% | 1.81% | 1.48% | -1.74% | 3.26% |
Sphere Entertainment's average Quarter net income forecast for Mar 23 is $-4.98M, with a range of $-5.10M to $-4.80M. SPHR's average Quarter net income forecast represents a -107.37% decrease compared to the company's last Quarter net income of $67.58M (Dec 22).
Sphere Entertainment SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $179.87M | $182.43M | $164.41M | $187.08M | $157.60M | $162.28M | $174.84M | $109.12M | $78.32M | $74.95M | $60.33M | $84.98M | $84.19M |
| Avg Forecast | $160.55M | $152.00M | $170.14M | $140.71M | $194.95M | $175.82M | $170.18M | $131.38M | $158.30M | $159.58M | $153.71M | $122.08M | $144.08M | $172.43M | $161.07M | $62.32M | $68.63M | $220.58M | $319.46M | $216.09M | $220.88M | $235.68M | $287.59M | $150.42M | $38.13M | $23.74M | $10.15M | $7.67M | $10.04M | $83.37M |
| High Forecast | $163.53M | $154.82M | $173.30M | $143.32M | $198.57M | $179.08M | $173.34M | $133.82M | $161.24M | $163.22M | $156.43M | $124.35M | $144.08M | $172.43M | $166.22M | $64.87M | $69.90M | $224.68M | $325.40M | $216.09M | $220.88M | $235.68M | $287.59M | $150.42M | $38.13M | $23.74M | $10.15M | $7.67M | $10.04M | $83.37M |
| Low Forecast | $156.22M | $147.90M | $165.55M | $136.91M | $189.69M | $171.08M | $165.59M | $127.84M | $154.03M | $154.46M | $151.59M | $118.79M | $144.08M | $172.43M | $155.98M | $60.62M | $66.78M | $214.64M | $310.85M | $216.09M | $220.88M | $235.68M | $287.59M | $150.42M | $38.13M | $23.74M | $10.15M | $7.67M | $10.04M | $83.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.57% | 0.76% | 0.85% | 0.67% | 0.56% | 1.16% | 2.86% | 3.30% | 7.38% | 7.86% | 8.47% | 1.01% |
Sphere Entertainment's average Quarter SG&A projection for Jun 23 is $68.63M, based on 1 Wall Street analysts, with a range of $66.78M to $69.90M. The forecast indicates a -61.85% fall compared to SPHR last annual SG&A of $179.87M (Mar 23).
Sphere Entertainment EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.64 | $1.95 | $-1.30 | $-2.91 | $-0.51 | $0.07 | $-2.55 | $-4.87 | $-2.34 | $-3.67 | $-2.63 | $5.27 | $-5.36 |
| Avg Forecast | $-2.41 | $-2.91 | $-2.31 | $-1.30 | $-1.32 | $-1.66 | $-1.32 | $-1.88 | $-2.24 | $-2.32 | $-2.37 | $-3.08 | $-2.04 | $-0.19 | $-0.49 | $-1.65 | $-0.92 | $-0.14 | $0.53 | $-0.43 | $-0.07 | $0.02 | $0.54 | $-0.53 | $-1.51 | $-1.84 | $-1.94 | $-1.70 | $-2.05 | $-1.11 |
| High Forecast | $-2.33 | $-2.80 | $-2.23 | $-1.26 | $-1.27 | $-1.60 | $-1.27 | $-1.81 | $-2.16 | $-1.73 | $-1.91 | $-2.98 | $-1.97 | $-0.18 | $-0.04 | $-1.60 | $-0.89 | $-0.13 | $0.54 | $-0.43 | $-0.07 | $0.02 | $0.54 | $-0.53 | $-1.51 | $-1.84 | $-1.94 | $-1.70 | $-2.05 | $-1.11 |
| Low Forecast | $-2.47 | $-2.98 | $-2.37 | $-1.34 | $-1.35 | $-1.70 | $-1.35 | $-1.92 | $-2.29 | $-3.02 | $-2.83 | $-3.16 | $-2.09 | $-0.20 | $-0.77 | $-1.70 | $-0.94 | $-0.14 | $0.51 | $-0.43 | $-0.07 | $0.02 | $0.54 | $-0.53 | $-1.51 | $-1.84 | $-1.94 | $-1.70 | $-2.05 | $-1.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.75% | 3.70% | 3.03% | 40.00% | -27.90% | 0.13% | 4.82% | 3.23% | 1.27% | 1.89% | 1.54% | -2.58% | 4.84% |
According to 1 Wall Street analysts, Sphere Entertainment's projected average Quarter EPS for Mar 23 is $-0.14, with a low estimate of $-0.14 and a high estimate of $-0.13. This represents a -107.16% decrease compared to SPHR previous annual EPS of $1.95 (Dec 22).