Sphere Entertainment Co (SPHR) Stock Price & News

Sphere Entertainment Co. is an American entertainment holding company based in New York City, and controlled by the family of Charles Dolan. It owns the Sphere event venue in Paradise, Nevada, in the Las Vegas Valley and New York-based regional sports network chain MSG Networks. The company was originally formed in 2020 as Madison Square Garden Entertainment, a spin-off of the non-sports assets of the Madison Square Garden Company. In 2023, Madison Square Garden Entertainment spun off its live events business as a new company under the same name, and the original MSG Entertainment was renamed Sphere Entertainment. Wikipedia

About Sphere Entertainment Co

CEOJames L. Dolan

Employees2.2K

FoundedApr 17, 2020

Headquarters-

SectorEntertainment

Websitesphereentertainmentco.com

Analyst	Recommendation	Action	Price target	Projected	Date
Joseph Stauff Susquehanna	Buy	Reiterated	$158.00	+40%	10/21/2026
Curry Baker Guggenheim	Buy	Maintained	$180.00	+59.5%	10/14/2026
Stephen Laszczyk Goldman Sachs	Buy	Maintained	$170.00	+50.7%	10/12/2026
David Joyce Seaport Global	Buy	Maintained	$160.00	+41.8%	10/07/2026
Mike Hickey StoneX	Buy	Maintained	$125.00	+10.8%	10/06/2026
Tyler DiMatteo BTIG	Buy	Reiterated	$160.00	+41.8%	10/06/2026
Ryan Sigdahl Craig-Hallum	Hold	Downgraded	$132.00	+17%	10/05/2026
James Callahan CFA Piper Sandler	Buy	Reiterated	$185.00	+63.9%	08/28/2026
David Karnovsky J.P. Morgan	Buy	Maintained	$164.00	+45.3%	08/04/2026
Cameron Mansson-Perrone Morgan Stanley	Buy	Maintained	$170.00	+50.7%	07/31/2026
Peter Henderson Bank of America Securities	Hold	Maintained	$158.00	+40%	07/28/2026
Matthew Condon Citizens JMP	Buy	Maintained	$200.00	+77.2%	06/17/2026
Unknown Analyst Susquehanna	Buy	Reiterated	$159.00	+40.9%	05/06/2026
Daniel Duran Morgan Stanley	Buy	Reiterated	$170.00	+50.7%	05/06/2026
Unknown Analyst Citizens JMP	Buy	Initiated	$150.00	+32.9%	03/30/2026
Benjamin Swinburne Morgan Stanley	Buy	Maintained	$135.00	+19.6%	02/13/2026

All values in USD	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	262.51M	394.28M	386.41M	313.64M
Cost of goods sold	136.98M	156.87M	169.65M	151.06M
Cost of revenue	136.98M	156.87M	169.65M	151.06M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	100.06M	121.81M	122.07M	139.58M
Operating expense	184.16M	210.37M	206.44M	223.89M
Total operating expenses	321.14M	367.23M	376.09M	374.95M
Operating income	-58.63M	27.05M	10.32M	-61.31M
Other non operating income	-123.00K	1.19M	-1.09M	-395.00K
EBT including unusual items	-136.71M	22.44M	-381.00K	-65.25M
EBT excluding unusual items	-65.42M	21.36M	5.15M	-65.19M
Income tax expense	-35.51M	-42.30M	-4.84M	-26.93M
Effective tax rate	25.98%	-188.45%	1,270.60%	41.26%
Other operating expenses	-	4.38M	-	-
Net income	-101.20M	64.74M	-1.59M	-38.79M
Net profit margin	-38.55%	16.42%	-0.41%	-12.37%
Earnings per share	-1.12	1.55	0.14	-0.62
Interest and investment income	2.74M	2.80M	3.95M	4.79M
Interest expense	-9.40M	-9.08M	-8.04M	-8.27M
Net interest expenses	-6.66M	-6.28M	-4.09M	-3.49M
Depreciation and amortization charges	84.10M	84.17M	84.37M	84.31M
EBITDA	25.47M	111.22M	94.69M	23.00M
Gain or loss from assets sale	-	-	-	-

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