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 30.14% upside from SPHR’s last price of $42.07) 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 30.14% upside from SPHR's last price of $42.07.
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% | 52.13% |
| Oct 22, 2024 | Curry Baker | Guggenheim | $68.00 | $45.30 | 50.11% | 61.64% |
| Oct 02, 2024 | Peter Supino | Wolfe Research | $60.00 | $45.49 | 31.90% | 42.62% |
| Aug 16, 2024 | Paul Golding | Macquarie | $47.00 | $49.85 | -5.72% | 11.72% |
| Aug 06, 2024 | David Joyce | Seaport Global | $48.00 | $39.06 | 22.89% | 14.10% |
| Jun 27, 2024 | Curry Baker | Guggenheim | $43.00 | $34.48 | 24.71% | 2.21% |
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 52.13% increase from SPHR last price ($42.07).
Sphere Entertainment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $66.00 | $64.00 | $55.00 |
| Last Closing Price | $42.07 | $42.07 | $42.07 |
| Upside/Downside | 56.88% | 52.13% | 30.73% |
In the current month, the average price target of Sphere Entertainment stock is $66.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 56.88% increase as opposed to Sphere Entertainment's last price of $42.07. This month's average price target is up 3.13% compared to last quarter, and up 20.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 13, 2024 | Benchmark | Sell | Sell | 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 |
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 | $304.91M | $291.89M | $288.69M | $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 | $309.42M | $292.95M | $327.90M | $271.18M | $375.72M | $338.85M | $327.99M | $253.21M | $312.11M | $304.75M | $293.81M | $235.29M | $271.28M | $324.65M | $312.96M | $122.14M | $132.27M | $425.13M | $615.70M | $404.98M | $413.96M | $441.68M | $538.97M | $281.90M | $71.46M | $44.48M | $19.03M | $14.38M | $18.81M | $156.25M |
| Low Forecast | $295.14M | $279.43M | $312.77M | $258.67M | $358.38M | $323.21M | $312.85M | $241.52M | $297.71M | $282.55M | $284.72M | $224.43M | $271.28M | $324.65M | $293.68M | $114.13M | $126.16M | $405.51M | $587.28M | $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 $126.16M, and a high forecast of $132.27M. 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 | $68.43M | $65.51M | $64.79M | $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 | $69.44M | $65.75M | $73.59M | $60.86M | $84.32M | $76.05M | $73.61M | $56.83M | $70.05M | $68.39M | $65.94M | $52.81M | $60.88M | $72.86M | $70.24M | $27.41M | $29.68M | $95.41M | $138.18M | $93.46M | $95.53M | $101.93M | $124.39M | $65.06M | $16.49M | $10.27M | $4.39M | $3.32M | $4.34M | $36.06M |
| Low Forecast | $66.24M | $62.71M | $70.19M | $58.05M | $80.43M | $72.54M | $70.21M | $54.20M | $66.81M | $63.41M | $63.90M | $50.37M | $60.88M | $72.86M | $65.91M | $25.61M | $28.31M | $91.01M | $131.80M | $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 $95.41M and a low of $91.01M. 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 | $-75.20M | $-81.27M | $-82.10M | $-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 | $-83.29M | $-100.46M | $-79.95M | $-45.10M | $-45.51M | $-57.43M | $-45.64M | $-64.93M | $-72.89M | $-70.51M | $-66.51M | $-106.58M | $-70.41M | $-6.61M | $-1.43M | $-57.21M | $-31.84M | $-4.83M | $19.35M | $-15.28M | $-2.59M | $650.18K | $19.35M | $-18.81M | $-53.62M | $-65.46M | $-69.11M | $-60.60M | $-72.79M | $-39.39M |
| Low Forecast | $-88.57M | $-106.83M | $-85.02M | $-47.96M | $-48.39M | $-61.06M | $-48.53M | $-69.04M | $-77.51M | $-100.38M | $-97.68M | $-113.33M | $-74.87M | $-7.03M | $-27.43M | $-60.63M | $-33.86M | $-5.13M | $18.20M | $-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 $-5.13M to $-4.83M. 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 | $161.94M | $155.03M | $153.33M | $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 | $164.34M | $155.59M | $174.15M | $144.03M | $199.55M | $179.97M | $174.20M | $134.48M | $165.77M | $161.86M | $156.05M | $124.97M | $144.08M | $172.43M | $166.22M | $64.87M | $70.25M | $225.79M | $327.01M | $216.09M | $220.88M | $235.68M | $287.59M | $150.42M | $38.13M | $23.74M | $10.15M | $7.67M | $10.04M | $83.37M |
| Low Forecast | $156.75M | $148.41M | $166.12M | $137.38M | $190.34M | $171.66M | $166.16M | $128.28M | $158.12M | $150.06M | $151.22M | $119.20M | $144.08M | $172.43M | $155.98M | $60.62M | $67.01M | $215.37M | $311.91M | $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 $67.01M to $70.25M. 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 | $-2.11 | $-2.28 | $-2.30 | $-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 | $-2.34 | $-2.82 | $-2.24 | $-1.26 | $-1.28 | $-1.61 | $-1.28 | $-1.82 | $-2.04 | $-1.98 | $-1.87 | $-2.99 | $-1.97 | $-0.19 | $-0.04 | $-1.60 | $-0.89 | $-0.14 | $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 | $-2.48 | $-3.00 | $-2.38 | $-1.34 | $-1.36 | $-1.71 | $-1.36 | $-1.94 | $-2.17 | $-2.81 | $-2.74 | $-3.18 | $-2.10 | $-0.20 | $-0.77 | $-1.70 | $-0.95 | $-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 $-0.14. This represents a -107.16% decrease compared to SPHR previous annual EPS of $1.95 (Dec 22).