​

Sphere Entertainment (SPHR) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

SPHR Stock Forecast

Sphere Entertainment (SPHR) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $54.75, with a high of $64.00 and a low of $47.00. This represents a 15.43% increase from the last price of $47.43.

$30 $37 $44 $51 $58 $65 High: $64 Avg: $54.75 Low: $47 Last Closed Price: $47.43

SPHR Stock Rating

Sphere Entertainment stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (50.00%), 2 Hold (33.33%), 1 Sell (16.67%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 1 2 3 Strong Sell Sell Hold Buy Strong Buy

SPHR Price Target Upside V Benchmarks

TypeNameUpside
StockSphere Entertainment15.43%
SectorCommunication Services Stocks 0.73%
IndustryEntertainment Stocks -0.72%

Price Target Trends

1M3M12M
# Anlaysts-16
Avg Price Target-$64.00$55.00
Last Closing Price$47.43$47.43$47.43
Upside/Downside-34.94%15.96%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 251331-8
Jan, 251331-8
Dec, 241331-8
Nov, 241341-9
Oct, 241361-11
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 12, 2024Curry BakerGuggenheim$64.00$40.9656.25%34.94%
Oct 22, 2024Curry BakerGuggenheim$68.00$45.3050.11%43.37%
Oct 02, 2024Peter SupinoWolfe Research$60.00$45.4931.90%26.50%
Aug 16, 2024Paul GoldingMacquarie$47.00$49.85-5.72%-0.91%
Aug 06, 2024David JoyceSeaport Global$48.00$39.0622.89%1.20%
Jun 27, 2024Curry BakerGuggenheim$43.00$34.4824.71%-9.34%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024BenchmarkSellSellhold
Nov 12, 2024GuggenheimBuyBuyhold
Oct 14, 2024GuggenheimBuyBuyhold
Oct 02, 2024Wolfe ResearchOutperformupgrade
Sep 04, 2024Seaport GlobalBuyBuyhold
Sep 03, 2024BenchmarkNeutralSelldowngrade
Aug 16, 2024MacquarieNeutralNeutralhold
Aug 06, 2024Seaport GlobalNeutralBuyupgrade
Jul 23, 2024BenchmarkHoldinitialise
Jul 11, 2024Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$-15 $-11 $-7 $-3 $1 $5 Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$-0.75$0.49$-12.09$-5.67------
Avg Forecast$-4.00$-7.18$-1.29$-2.53$-5.79$-6.33$-6.05$-5.69$-2.49$0.23
High Forecast$-4.49$-8.07$-1.45$-2.60$-6.25$-7.24$-9.06$-8.54$-2.57$0.23
Low Forecast$-3.71$-6.66$-1.20$-2.45$-5.52$-5.41$-3.74$-4.01$-2.42$0.24
Surprise %-81.25%-106.82%837.21%124.11%------

Revenue Forecast

$0 $400M $800M $1B $2B $2B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$1.05B$762.94M$180.40M$1.72B------
Avg Forecast$838.02M$150.82M$1.69B$1.28B$1.03B$1.13B$1.27B$1.26B$1.39B$1.52B
High Forecast$791.16M$142.38M$1.59B$1.25B$1.00B$1.11B$1.24B$1.25B$1.36B$1.48B
Low Forecast$917.50M$165.12M$1.85B$1.31B$1.04B$1.15B$1.28B$1.27B$1.42B$1.55B
Surprise %25.17%405.87%-89.30%34.78%------

Net Income Forecast

$-450M $-350M $-250M $-150M $-50M $50M Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28 Jun 29
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28Jun 29
Reported$-17.89M$17.23M$-412.08M$-194.40M------
Avg Forecast$-141.07M$-253.51M$-45.68M$-89.14M$-207.75M$-223.37M$-213.42M$-156.89M$-88.02M$8.25M
High Forecast$-158.46M$-284.76M$-51.31M$-91.83M$-220.77M$-255.69M$-319.76M$-301.53M$-90.68M$8.02M
Low Forecast$-130.81M$-235.08M$-42.36M$-86.61M$-194.73M$-190.85M$-131.94M$-141.43M$-85.52M$8.50M
Surprise %-87.32%-106.80%802.13%118.08%------

SPHR Forecast FAQ

Is Sphere Entertainment stock a buy?

Sphere Entertainment stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Sphere Entertainment is a favorable investment for most analysts.

What is Sphere Entertainment's price target?

Sphere Entertainment's price target, set by 6 Wall Street analysts, averages $54.75 over the next 12 months. The price target range spans from $47 at the low end to $64 at the high end, suggesting a potential 15.43% change from the previous closing price of $47.43.

How does Sphere Entertainment stock forecast compare to its benchmarks?

Sphere Entertainment's stock forecast shows a 15.43% upside, outperforming the average forecast for the communication services stocks sector (0.73%) and outperforming the entertainment stocks industry (-0.72%).

What is the breakdown of analyst ratings for Sphere Entertainment over the past three months?

  • February 2025: 12.50% Strong Buy, 37.50% Buy, 37.50% Hold, 12.50% Sell, 0% Strong Sell.
  • January 2025: 12.50% Strong Buy, 37.50% Buy, 37.50% Hold, 12.50% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 37.50% Buy, 37.50% Hold, 12.50% Sell, 0% Strong Sell.

What is Sphere Entertainment’s EPS forecast?

Sphere Entertainment's average annual EPS forecast for its fiscal year ending in June is $-5.79 for 2024, a 2.12% increase from the reported $-5.67 in 2023. The prediction for 2025 is $-6.33, $-6.05 for 2026, $-5.69 for 2027, $-2.49 for 2028, and $0.23 for 2029.

What is Sphere Entertainment’s revenue forecast?

Sphere Entertainment's average annual revenue forecast for its fiscal year ending in June is $1.03B for 2024, a -40.53% decrease from the reported $1.72B in 2023. The forecast for 2025 is $1.13B, $1.27B for 2026, $1.26B for 2027, $1.39B for 2028, and $1.52B for 2029.

What is Sphere Entertainment’s net income forecast?

For its fiscal year ending in June, Sphere Entertainment's average annual net income forecast is $-208M for 2024, reflecting an 6.87% increase from the reported $-194M in 2023. The projection for 2025 is $-223M, $-213M for 2026, $-157M for 2027, $-88.016M for 2028, and $8.25M for 2029.