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

Sphere Entertainment (NYSE:SPHR) had its price objective lifted by research analysts at Guggenheim from $136.00 to $150.00 in a research note issued to investors on Friday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Guggenheim’s price target would indicate a potential upside of 29.12% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. New Street Research set a $110.00 target price on shares of Sphere Entertainment in a report on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sphere Entertainment in a research report on Wednesday, January 21st. BTIG Research raised their price target on Sphere Entertainment from $110.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday. Seaport Research Partners raised shares of Sphere Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $100.00 price target on shares of Sphere Entertainment in a research report on Thursday, December 18th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Sphere Entertainment presently has a consensus rating of “Moderate Buy” and an average target price of $96.77.

Sphere Entertainment Stock Performance

NYSE SPHR opened at $116.17 on Friday. Sphere Entertainment has a twelve month low of $23.89 and a twelve month high of $117.06. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of -22.47 and a beta of 1.68. 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 stock has a 50-day moving average of $93.68 and a 200 day moving average of $71.45.

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

Institutional Investors Weigh In On Sphere Entertainment

Several large investors have recently modified their holdings of SPHR. Ariel Investments LLC lifted its position in Sphere Entertainment by 12.7% in the second quarter. Ariel Investments LLC now owns 7,100,237 shares of the company’s stock valued at $296,790,000 after purchasing an additional 802,098 shares during the period. Goldman Sachs Group Inc. increased its stake 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 worth $20,577,000 after purchasing an additional 357,794 shares in the last quarter. Mane Global Capital Management LP acquired a new position in shares of Sphere Entertainment in the third quarter worth $22,143,000. Woodline Partners LP purchased a new position in Sphere Entertainment in the 3rd quarter valued at about $20,503,000. Finally, Portolan Capital Management LLC acquired a new stake in Sphere Entertainment during the third quarter worth approximately $12,947,000. Hedge funds and other institutional investors own 92.03% of the company’s stock.

More 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

Sphere Entertainment Company Profile

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.