Sphere Entertainment - SPHR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $35.60
  • Forecasted Upside: -9.11%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$39.17
▼ -1.95 (-4.74%)

This chart shows the closing price for SPHR by one month, three months, or twelve months.

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Analyst Price Target for SPHR

Analyst Price Target is $35.60
▼ -9.11% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Sphere Entertainment in the last 3 months. The average price target is $35.60, with a high forecast of $43.00 and a low forecast of $26.00. The average price target represents a -9.11% upside from the last price of $39.17.

This chart shows the closing price for SPHR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in Sphere Entertainment. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
11/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
5/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
7/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/8/2024Seaport Res PtnDowngradeBuy ➝ NeutralLow
2/7/2024Bank of AmericaInitiated CoverageNeutral$43.00Low
2/6/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$33.00 ➝ $37.00Low
1/17/2024Wolfe ResearchInitiated CoveragePeer PerformLow
12/7/2023Seaport Res PtnUpgradeNeutral ➝ BuyLow
12/6/2023GuggenheimUpgradeNeutral ➝ Buy$38.00 ➝ $40.00Low
11/14/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$28.00 ➝ $33.00Low
11/9/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$24.00 ➝ $26.00Low
8/25/2023MacquarieBoost TargetNeutral ➝ Neutral$25.00 ➝ $32.00Low
8/23/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $24.00Low
8/23/2023GuggenheimBoost TargetNeutral ➝ Neutral$25.00 ➝ $38.00Low
6/1/2023MacquarieDowngradeOutperform ➝ Neutral$25.00Low
5/15/2023GuggenheimDowngradeBuy ➝ Neutral$78.00 ➝ $25.00Low
4/24/2023Seaport Res PtnReiterated RatingNeutralLow
(Data available from 4/25/2019 forward)

News Sentiment Rating

1.10 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2023
  • 6 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/28/2023
  • 6 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/27/2023
  • 8 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/27/2023
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/26/2024
  • 20 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/25/2024
  • 21 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/26/2024
  • 10 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/25/2024

Current Sentiment

  • 10 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Sphere Entertainment logo
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates entertainment dining and nightlife venues markets under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.
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Today's Range

Now: $39.17
Low: $39.11
High: $40.76

50 Day Range

MA: $44.57
Low: $37.95
High: $50.88

52 Week Range

Now: $39.17
Low: $20.68
High: $51.83

Volume

194,671 shs

Average Volume

715,940 shs

Market Capitalization

$1.38 billion

P/E Ratio

3.70

Dividend Yield

N/A

Beta

1.4

Frequently Asked Questions

What sell-side analysts currently cover shares of Sphere Entertainment?

The following Wall Street sell-side analysts have issued stock ratings on Sphere Entertainment in the last year: Bank of America Co., Guggenheim, JPMorgan Chase & Co., Macquarie, Morgan Stanley, Seaport Res Ptn, and Wolfe Research.
View the latest analyst ratings for SPHR.

What is the current price target for Sphere Entertainment?

5 Wall Street analysts have set twelve-month price targets for Sphere Entertainment in the last year. Their average twelve-month price target is $35.60, suggesting a possible downside of 9.1%. Bank of America Co. has the highest price target set, predicting SPHR will reach $43.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $26.00 for Sphere Entertainment in the next year.
View the latest price targets for SPHR.

What is the current consensus analyst rating for Sphere Entertainment?

Sphere Entertainment currently has 6 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SPHR, but not buy more shares or sell existing shares.
View the latest ratings for SPHR.

What other companies compete with Sphere Entertainment?

How do I contact Sphere Entertainment's investor relations team?

Sphere Entertainment's physical mailing address is TWO PENNSYLVANIA PLAZA, NEW YORK NY, 10121. The company's listed phone number is 212-465-6000 and its investor relations email address is [email protected]. The official website for Sphere Entertainment is www.msgentertainment.com. Learn More about contacing Sphere Entertainment investor relations.