Sphere Entertainment (SPHR) Projected to Post Quarterly Earnings on Friday

Sphere Entertainment (NYSE:SPHR) is projected to issue its Q3 2025 quarterly earnings data before the market opens on Friday, May 9th. Analysts expect Sphere Entertainment to post earnings of ($2.46) per share and revenue of $285.01 million for the quarter.

Sphere Entertainment Stock Performance

Shares of SPHR stock opened at $27.02 on Friday. Sphere Entertainment has a 52 week low of $23.89 and a 52 week high of $50.88. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23. The company has a market cap of $967.16 million, a price-to-earnings ratio of -2.57 and a beta of 1.48. The firm has a 50 day moving average of $31.32 and a 200-day moving average of $38.69.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SPHR. Susquehanna started coverage on Sphere Entertainment in a research note on Monday. They issued a “positive” rating and a $37.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Sphere Entertainment from $57.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday, March 4th. Macquarie dropped their price target on Sphere Entertainment from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. Morgan Stanley dropped their target price on shares of Sphere Entertainment from $45.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 10th. Finally, Benchmark reaffirmed a “sell” rating on shares of Sphere Entertainment in a research report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $45.67.

Insider Activity

In other news, insider F. Dolan 2009 Revocabl Charles sold 55,385 shares of Sphere Entertainment stock in a transaction on Monday, March 10th. The shares were sold at an average price of $33.80, for a total transaction of $1,872,013.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 25.08% of the company’s stock.

Sphere Entertainment Company Profile

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.