Q3 EPS Forecast for Sphere Entertainment Lowered by Analyst

Sphere Entertainment Co. (NYSE:SPHR - Free Report) - Research analysts at Seaport Res Ptn lowered their Q3 2025 EPS estimates for shares of Sphere Entertainment in a report released on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of ($2.03) per share for the quarter, down from their previous forecast of ($1.66). The consensus estimate for Sphere Entertainment's current full-year earnings is ($11.47) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment's Q4 2025 earnings at ($1.64) EPS, Q1 2026 earnings at ($1.87) EPS and Q2 2026 earnings at ($1.09) EPS.

Several other equities research analysts also recently commented on the stock. Guggenheim reduced their price target on shares of Sphere Entertainment from $49.00 to $48.00 and set a "buy" rating for the company in a research report on Tuesday, November 12th. Morgan Stanley reduced their target price on Sphere Entertainment from $45.00 to $44.00 and set an "equal weight" rating for the company in a report on Monday, November 11th. Macquarie lowered their price target on Sphere Entertainment from $47.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. reduced their price objective on Sphere Entertainment from $57.00 to $54.00 and set an "overweight" rating for the company in a research note on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $47.38.

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Sphere Entertainment Trading Down 5.0 %

SPHR stock traded down $1.86 during mid-day trading on Thursday, reaching $35.60. 1,446,723 shares of the stock traded hands, compared to its average volume of 747,476. Sphere Entertainment has a 52-week low of $32.10 and a 52-week high of $51.83. The stock's fifty day moving average is $43.45 and its 200-day moving average is $42.85. The company has a market cap of $1.26 billion, a P/E ratio of -3.39 and a beta of 1.39. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SPHR. Sterling Capital Management LLC grew its stake in shares of Sphere Entertainment by 826.1% in the 4th quarter. Sterling Capital Management LLC now owns 852 shares of the company's stock valued at $34,000 after buying an additional 760 shares in the last quarter. Ancora Advisors LLC bought a new stake in Sphere Entertainment in the fourth quarter worth approximately $40,000. Tower Research Capital LLC TRC increased its stake in shares of Sphere Entertainment by 108.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,311 shares of the company's stock worth $53,000 after purchasing an additional 681 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Sphere Entertainment by 149.5% during the 4th quarter. Blue Trust Inc. now owns 1,522 shares of the company's stock valued at $67,000 after purchasing an additional 912 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Sphere Entertainment in the 4th quarter valued at $93,000. 92.03% of the stock is owned by institutional investors and hedge funds.

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.