Sphere Entertainment (NYSE:SPHR) Price Target Raised to $150.00 at Guggenheim

Sphere Entertainment (NYSE:SPHR) had its target price increased by Guggenheim from $136.00 to $150.00 in a research report issued on Friday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Guggenheim’s price objective suggests a potential upside of 29.12% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Morgan Stanley upgraded Sphere Entertainment from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $75.00 to $105.00 in a research note on Thursday, December 18th. Wolfe Research reaffirmed an “outperform” rating and set a $105.00 target price on shares of Sphere Entertainment in a research note on Monday, December 15th. Craig Hallum reiterated a “buy” rating and set a $100.00 price target on shares of Sphere Entertainment in a research report on Thursday, December 18th. Benchmark increased their target price on shares of Sphere Entertainment from $35.00 to $45.00 and gave the company a “sell” rating in a research note on Wednesday, November 5th. Finally, National Bank Financial set a $136.00 price target on Sphere Entertainment in a research note on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.77.

Sphere Entertainment Price Performance

Shares of SPHR stock opened at $116.17 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $93.68 and a 200-day simple moving average of $71.45. The company has a market capitalization of $4.10 billion, a PE ratio of -22.47 and a beta of 1.68. Sphere Entertainment has a twelve month low of $23.89 and a twelve month high of $117.06.

Sphere Entertainment (NYSE:SPHR) last announced its earnings results on Thursday, February 12th. The company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $1.35. Sphere Entertainment had a negative return on equity of 17.20% and a negative net margin of 13.87%.The business had revenue of $394.28 million for the quarter, compared to analyst estimates of $377.60 million. During the same period in the previous year, the company earned ($3.49) earnings per share. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. Equities research analysts anticipate that Sphere Entertainment will post -11.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sphere Entertainment

Institutional investors have recently made changes to their positions in the business. Ariel Investments LLC increased its position in Sphere Entertainment by 12.7% in the 2nd quarter. Ariel Investments LLC now owns 7,100,237 shares of the company’s stock worth $296,790,000 after buying an additional 802,098 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Sphere Entertainment by 132.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 628,886 shares of the company’s stock valued at $20,577,000 after acquiring an additional 357,794 shares in the last quarter. Mane Global Capital Management LP bought a new stake in Sphere Entertainment in the third quarter valued at $22,143,000. Woodline Partners LP acquired a new stake in shares of Sphere Entertainment during the 3rd quarter worth about $20,503,000. Finally, Portolan Capital Management LLC acquired a new stake in shares of Sphere Entertainment during the third quarter worth approximately $12,947,000. 92.03% of the stock is currently owned by institutional investors.

Key Sphere Entertainment News

Here are the key news stories impacting Sphere Entertainment this week:

• Positive Sentiment: Q4 beat — Sphere reported $1.23 EPS vs. a -$0.12 consensus and revenue of $394.3M vs. $377.6M expected, a sharp swing from a year-ago loss and a meaningful upside to estimates. Sphere Entertainment (SPHR) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Strong operating momentum — Management highlighted ongoing success of Sphere productions (notably the Wizard of Oz show), which drove ticket and F&B traction that helped the quarter and supports near-term cash flow. Market coverage notes the show’s continued outsized contribution to results. Sphere shares surge on Q4 results topper, ongoing ‘Wizard of Oz’ success
• Positive Sentiment: Pipeline expansion — Sphere outlined a 4‑year timeline for a National Harbor venue and is targeting global expansion supported by approximately $200M in incentives; the plan adds a scalable growth catalyst and potential public‑private funding that could de‑risk capex. Sphere Entertainment outlines 4-year timeline for National Harbor venue and targets global expansion backed by $200M incentives
• Neutral Sentiment: Quarter snapshot coverage — Multiple outlets published Q4 snapshots and the full earnings call transcript that detail segment performance, seasonality and one‑offs; useful for digging into guidance and margin drivers but not new standalone catalysts. Sphere Entertainment Co. (SPHR) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Profitability and outlook remain challenged — Despite the beat, Sphere still reported a negative net margin (~‑13.9%) and negative ROE; analysts continue to expect a loss for the full year, leaving execution and longer‑term profitability as key risks. Sphere Entertainment Co. Reports Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: Balance-sheet and consensus risk — The company still carries leverage and a sub‑1 current ratio; consensus estimates show materially negative EPS for the year, so the stock depends on continued box‑office strength and successful venue rollouts to justify current valuation. NYSE SPHR Market Data

About Sphere Entertainment

Sphere Entertainment Co (NYSE: SPHR) is a publicly traded company focused on the development and operation of large-scale immersive entertainment venues. Established as a standalone entity in early 2023 following its separation from Madison Square Garden Entertainment, Sphere leverages cutting-edge audiovisual technologies to create next-generation concert, film and cultural experiences. The company’s flagship venue in Las Vegas showcases its core capabilities, while additional projects are in various stages of development around the world.

At the Las Vegas Sphere, Sphere Entertainment has installed one of the largest LED display surfaces on the planet, wrapping audiences in 16K resolution imagery and spatial audio powered by proprietary sound systems.