Q1 Earnings Forecast for SPHR Issued By Seaport Res Ptn

Sphere Entertainment Co. (NYSE:SPHR) – Seaport Res Ptn issued their Q1 2026 earnings estimates for shares of Sphere Entertainment in a report released on Tuesday, November 12th. Seaport Res Ptn analyst D. Joyce anticipates that the company will post earnings of ($2.69) per share for the quarter. The consensus estimate for Sphere Entertainment’s current full-year earnings is ($9.60) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment’s Q2 2026 earnings at ($1.11) EPS.

SPHR has been the subject of a number of other reports. JPMorgan Chase & Co. upgraded shares of Sphere Entertainment from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $37.00 to $57.00 in a report on Friday, August 16th. Guggenheim boosted their price target on Sphere Entertainment from $58.00 to $63.00 and gave the company a “buy” rating in a research report on Thursday, September 19th. Bank of America reduced their price objective on Sphere Entertainment from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 17th. Benchmark reissued a “sell” rating and issued a $40.00 price objective on shares of Sphere Entertainment in a research report on Tuesday, September 3rd. Finally, Wolfe Research upgraded Sphere Entertainment from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Sphere Entertainment currently has an average rating of “Hold” and a consensus target price of $50.43.

Sphere Entertainment Trading Down 0.9 %

NYSE SPHR opened at $39.99 on Thursday. The company has a market cap of $1.41 billion, a P/E ratio of -3.87 and a beta of 1.41. Sphere Entertainment has a 12 month low of $27.02 and a 12 month high of $51.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.63 and a quick ratio of 0.63. The company has a 50-day moving average of $43.47 and a 200-day moving average of $41.38.

Sphere Entertainment (NYSE:SPHR) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($2.95) EPS for the quarter, beating analysts’ consensus estimates of ($3.32) by $0.37. Sphere Entertainment had a negative return on equity of 16.26% and a negative net margin of 32.76%. The business had revenue of $227.90 million during the quarter, compared to the consensus estimate of $229.86 million. During the same quarter in the previous year, the business earned $1.90 earnings per share. The business’s revenue for the quarter was up 93.1% on a year-over-year basis.

Institutional Investors Weigh In On Sphere Entertainment

Hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. acquired a new stake in shares of Sphere Entertainment in the 2nd quarter valued at about $27,000. Summit Securities Group LLC acquired a new stake in Sphere Entertainment during the second quarter valued at approximately $54,000. 1832 Asset Management L.P. bought a new position in Sphere Entertainment during the 1st quarter worth approximately $85,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Sphere Entertainment by 46.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,560 shares of the company’s stock worth $111,000 after acquiring an additional 810 shares in the last quarter. Finally, Quent Capital LLC increased its holdings in shares of Sphere Entertainment by 51.8% in the 2nd quarter. Quent Capital LLC now owns 4,034 shares of the company’s stock valued at $141,000 after acquiring an additional 1,376 shares during the last quarter. 92.03% of the stock is currently owned by hedge funds and other institutional investors.

About Sphere Entertainment

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.