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USCommunication Services

Sphere Entertainment Co. (SPHR)

US · Communication Services · Entertainment

$144.94+0.35%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$313.6M
Revenue YoY
+11.0%
Net profit
$-38.3M
Profit YoY
-125.2%
EPS
$-1.07
EPS estimate
$-1.52
Net margin
-12.2%

EPS came in at -1.07 against a street estimate of -1.52 — a beat of 29.6%.

Key statistics

Market cap
$5.29B
Forward P/E
28.4
P/B
2.31
Book value
$62.03
EPS (TTM)
$-2.12
52-week high
$181.63
52-week low
$56.36
50-day MA
$149.53
200-day MA
$125.22
Beta
1.61

Analyst view

Analysts rate Sphere Entertainment Co. a buy (6 buy, 3 hold, 1 sell out of 10) with an average price target of $179.92.

From the latest earnings call · 2026-07-30

CONFIDENT Sphere Q2 revenue +30% YoY to $226M driven by Wizard of Oz ($450M lifetime tickets). Expanding to Abu Dhabi (2029) and National Harbor (under 4 years). Rocky Horror debuts 2027. 3-4 experiences expected by end-2027. Q2 2026 Two major projects advancing; multiple markets in active discussion. Analysts probed seasonality/longevity (Oz holding up well), financing rationale (flexibility per project favored), and capacity (design standardization unlocks speed). Dolan stressed utilization over concerts and multiple capital structures vs. cookie-cutter approach. 2026-07-30…

Full summary in the app.

Shareholding

Insiders
6.58%
Institutions
134.32%

Largest institutional holders

FundStake
BlackRock Inc10.88%
Jericho Capital Asset Management LP7.26%
Morgan Stanley - Brokerage Accounts5.70%
Ariel Investments, LLC4.64%
Vanguard Portfolio Management, LLC4.29%
Sands Capital Management, LLC3.78%
Vanguard Capital Management, LLC3.34%
State Street Corp2.85%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
SPHERE ENTERTAINMENT CO. - 10-Q SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total Assets: $4,035,968 thousand as of June 30, 2026 (down from $4,
2026-07-30
Results announced · Q3 2026
SPHERE ENTERTAINMENT CO. – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Total Revenues: $313.6 million, up $31.0 million or 11% vs Q2 2025 ($
2026-07-30
Shareholder vote results · Q2 2026
SPHERE ENTERTAINMENT CO. – 8-K SUMMARY HEADLINE NUMBERS • Annual stockholder meeting held June 10, 2026 • Class A Common Stock trades on NYSE under
2026-06-12
Quarterly report · Q1 2026
SPHERE ENTERTAINMENT CO. – Q1 2026 SUMMARY HEADLINE NUMBERS • Total revenues Q1 2026: $386.4 million, up 37.7% from $280.6 million in Q1 2025 • Oper
2026-05-05
Results announced · Q2 2026
SPHERE ENTERTAINMENT CO. - Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total revenues: $386.4 million, up 38% from $280.6 million in Q1 2025 (+$105.
2026-05-05
Proxy statement · Q2 2026
SPHERE ENTERTAINMENT CO. — PROXY STATEMENT SUMMARY CEO TOTAL COMPENSATION & CHANGE • James L. Dolan (Executive Chairman and Chief Executive Officer)
2026-04-28
Annual report FY2025
SPHERE ENTERTAINMENT CO. – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company: Sphere Entertainment Co., Nevada corporation, trades as SPH
2026-02-12
Results announced · Q1 2026
SPHERE ENTERTAINMENT CO. – 2025 FULL YEAR RESULTS SUMMARY --- HEADLINE NUMBERS • Full Year 2025 Total Revenues: $1,220.0 million, up $89.1 million
2026-02-12

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Data updated 2026-09-18.