Seaport Res Ptn Issues Negative Estimate for SPHR Earnings

Sphere Entertainment Co. (NYSE:SPHR) – Research analysts at Seaport Res Ptn reduced their Q3 2025 earnings per share estimates for 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 prior 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.

Other research analysts have also issued research reports about the stock. Morgan Stanley lowered their target price on shares of Sphere Entertainment from $45.00 to $44.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Guggenheim lowered their price objective 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. Macquarie cut their target price on Sphere Entertainment from $47.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. lowered their price target on Sphere Entertainment from $57.00 to $54.00 and set an “overweight” rating for the company in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.38.

Sphere Entertainment Stock Down 5.0 %

Shares of NYSE:SPHR opened at $35.60 on Thursday. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of -3.39 and a beta of 1.39. Sphere Entertainment has a 12-month low of $32.10 and a 12-month high of $51.83. The business has a 50-day moving average price of $43.45 and a 200 day moving average price of $42.89. 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 Trading of Sphere Entertainment

A number of large investors have recently modified their holdings of SPHR. Ariel Investments LLC boosted its holdings in Sphere Entertainment by 7.4% in the fourth quarter. Ariel Investments LLC now owns 5,744,192 shares of the company’s stock valued at $231,606,000 after purchasing an additional 394,050 shares during the period. Vanguard Group Inc. boosted its stake in shares of Sphere Entertainment by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 2,794,862 shares of the company’s stock valued at $112,689,000 after buying an additional 29,402 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Sphere Entertainment by 0.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,465,363 shares of the company’s stock worth $59,084,000 after buying an additional 9,837 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Sphere Entertainment by 2.7% during the third quarter. Geode Capital Management LLC now owns 938,463 shares of the company’s stock worth $39,921,000 after buying an additional 24,772 shares during the period. Finally, Steadfast Capital Management LP raised its holdings in Sphere Entertainment by 183.8% in the fourth quarter. Steadfast Capital Management LP now owns 926,100 shares of the company’s stock valued at $37,340,000 after acquiring an additional 599,800 shares in the last quarter. Hedge funds and other institutional investors own 92.03% of the company’s stock.

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.